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<p>[QUOTE="Troodon, post: 222370, member: 4626"]Hmm, sounds like an odd arrangement to me, but that's from someone from a country that never had any of its coins minted outside of its borders (though in our early days some coins we treated as legal tender were not minted here; however any coin with "United States of America" on it was in fact minted in the USA.)</p><p><br /></p><p>I suppose if it works, it works. Seems kind of odd though that the New Zealand Mint does not in fact mint coins for use in New Zealand (private or not), and that I possess a coin marketed as a New Zealand coin, shipped from New Zealand, but in fact minted in Australia. I suppose countries that are members of the British Commonwealth don't have as much problems about having their coins minted by other members of the British Commonwealth.</p><p><br /></p><p>I can wrap my head around the idea of private mints... we have those in the US too, though they don't produce any official US coinage, but some produce them for other countries. Many foreign proof sets and commemoratives are produced by the Franklin Mint for example. I guess what really strikes me as strange is that a country doesn't have a mint inside of its own borders producing its coinage. What happens if some conflict cuts you off from the other country, such as war, terrorism, natural disaster, etc.? Would put your economy in a somehwat precarious situation (which may not be the foremost of your problems in those cases, but still a consideration).</p><p><br /></p><p>On a lesser consideration, wouldn't be more efficient not to have to ship your coinage in from overseas? Also wouldn't it be somewhat of a matter of national pride to show more of a degree of economic independence by producing your own coinage?</p><p><br /></p><p>Can't help thinking from a US prospective, was born here and lived most of my life here; I try to figure out the reasons other people and countries do things the way they do (why I'm a big history buff) but some concepts seem quite foreign to me, and it's hard for me to figure out the reasoning behind it. Being raised with the idea probably helps get your mind around it more I suppose. Keep in mind that I'm not saying one way is better than the other, just that one way makes more sense to me, much the same way that driving on the right side of the road makes more sense to me than driving on the left, despite the fact I don't consider either way inherently superior to the other. It's just the way I was raised to think. (Heck, I think the metric system is superior to the English system, but still have trouble thinking in metric without figuring out the English equivalent.)[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 222370, member: 4626"]Hmm, sounds like an odd arrangement to me, but that's from someone from a country that never had any of its coins minted outside of its borders (though in our early days some coins we treated as legal tender were not minted here; however any coin with "United States of America" on it was in fact minted in the USA.) I suppose if it works, it works. Seems kind of odd though that the New Zealand Mint does not in fact mint coins for use in New Zealand (private or not), and that I possess a coin marketed as a New Zealand coin, shipped from New Zealand, but in fact minted in Australia. I suppose countries that are members of the British Commonwealth don't have as much problems about having their coins minted by other members of the British Commonwealth. I can wrap my head around the idea of private mints... we have those in the US too, though they don't produce any official US coinage, but some produce them for other countries. Many foreign proof sets and commemoratives are produced by the Franklin Mint for example. I guess what really strikes me as strange is that a country doesn't have a mint inside of its own borders producing its coinage. What happens if some conflict cuts you off from the other country, such as war, terrorism, natural disaster, etc.? Would put your economy in a somehwat precarious situation (which may not be the foremost of your problems in those cases, but still a consideration). On a lesser consideration, wouldn't be more efficient not to have to ship your coinage in from overseas? Also wouldn't it be somewhat of a matter of national pride to show more of a degree of economic independence by producing your own coinage? Can't help thinking from a US prospective, was born here and lived most of my life here; I try to figure out the reasons other people and countries do things the way they do (why I'm a big history buff) but some concepts seem quite foreign to me, and it's hard for me to figure out the reasoning behind it. Being raised with the idea probably helps get your mind around it more I suppose. Keep in mind that I'm not saying one way is better than the other, just that one way makes more sense to me, much the same way that driving on the right side of the road makes more sense to me than driving on the left, despite the fact I don't consider either way inherently superior to the other. It's just the way I was raised to think. (Heck, I think the metric system is superior to the English system, but still have trouble thinking in metric without figuring out the English equivalent.)[/QUOTE]
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