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<p>[QUOTE=&quot;GDJMSP, post: 3975534, member: 112&quot;]If freshly minted coins are in storage at the mint then they have not been released to anybody, so they are not monetized yet. Meaning they are not yet legally money.</p><p><br /></p><p>And I&#039;m specifically qualifying my comment by saying &quot;freshly minted coins&quot;, because the mint almost always has coins that were previously released and then returned to the mint in storage. In other words, freshly minted coins are not the only coins that mint has in storage at any given moment. And the mint also sends out those previously released coins.</p><p><br /></p><p><br /></p><p><br /></p><p>In some cases yes but in other cases no. For example, coins can leave the mint building without the mint having released them to anybody. Think about the 1933 double eagles. The reason that only 1 was determined to be legally money in a court of law was because the mint only released that 1 coin. The courts determined that all others were still legally owned by the mint because the mint had not released to anyone - the mint had not monetized the coins. But yet all of those coins had obviously left the mint building. They just hadn&#039;t left the mint building legally - according to the mint and the courts anyway.</p><p><br /></p><p>And the &#039;33 double eagles are not the only coins where this has happened. The exact same thing has happened with many different kinds of coins. The Sacky mules are a much more modern example of this.</p><p><br /></p><p>It doesn&#039;t matter who the mint releases the coins to, it only matters that they do release them. Release translates into - turn ownership over to. It can be another govt. agency, it can be the FED, it can be a business, it can be a private individual - like I said, anybody.[/QUOTE]</p><p><br /></p>

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