Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
US Coins with C Mint Mark (For China)
>
Reply to Thread
Message:
<p>[QUOTE="mstng02gt, post: 1638542, member: 15174"]The US owns the finest mints in the world. In the past many other countries have actually contracted the US to mint their coins. Now that we already have the equipment and most of it is automated there would be no savings by using over seas cheap labor. </p><p><br /></p><p>Also giving other countries the minting powers over US coins (or printing of currency) would be tantamount to giving them a blank check especially if ever there was to be a war. </p><p><br /></p><p>As it is it is already suspected that North Korea bought a set of intaglio presses to print counterfeit "super notes" that look so real it can fool all but the highest levels of the banking system. Since a few microscopic differences in the notes can be detected they were caught. However, if they have already or in the future fix such flaws they could remain undetectable. They could then be circulated around and then purchased by the fed for genuine currency.</p><p><br /></p><p>This would be the fall of the US economy if we were to allow foreign governments to produce any of our money.[/QUOTE]</p><p><br /></p>
[QUOTE="mstng02gt, post: 1638542, member: 15174"]The US owns the finest mints in the world. In the past many other countries have actually contracted the US to mint their coins. Now that we already have the equipment and most of it is automated there would be no savings by using over seas cheap labor. Also giving other countries the minting powers over US coins (or printing of currency) would be tantamount to giving them a blank check especially if ever there was to be a war. As it is it is already suspected that North Korea bought a set of intaglio presses to print counterfeit "super notes" that look so real it can fool all but the highest levels of the banking system. Since a few microscopic differences in the notes can be detected they were caught. However, if they have already or in the future fix such flaws they could remain undetectable. They could then be circulated around and then purchased by the fed for genuine currency. This would be the fall of the US economy if we were to allow foreign governments to produce any of our money.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
US Coins with C Mint Mark (For China)
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...