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<p>[QUOTE="WmsJewelers, post: 370587, member: 12564"]The Federal Reserve takes the coins from the mint at face because the Federal Reserve is not actually part of the Government. I know that sounds strand that the Federal Reserve is not a Government agency but there not. They are a bank that the public has been dupped into believing is part of the Government. You would think that since they print our currency that it is a Goverment agency but it is not. Look it up. </p><p><br /></p><p>The Federal Reserve takes the coins from the mint normally in trade as well for old coins that have been damaged as well. Also anytime I sell a cent for a cent. I didn't sell anything. I exchanged monies. There is no technically way to sell money at face value. It is always a trade in funds. I have never sold a roll of quarters for $10.00 I just exchange it for paper money.[/QUOTE]</p><p><br /></p>
[QUOTE="WmsJewelers, post: 370587, member: 12564"]The Federal Reserve takes the coins from the mint at face because the Federal Reserve is not actually part of the Government. I know that sounds strand that the Federal Reserve is not a Government agency but there not. They are a bank that the public has been dupped into believing is part of the Government. You would think that since they print our currency that it is a Goverment agency but it is not. Look it up. The Federal Reserve takes the coins from the mint normally in trade as well for old coins that have been damaged as well. Also anytime I sell a cent for a cent. I didn't sell anything. I exchanged monies. There is no technically way to sell money at face value. It is always a trade in funds. I have never sold a roll of quarters for $10.00 I just exchange it for paper money.[/QUOTE]
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