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<p>[QUOTE=&quot;GDJMSP, post: 8153159, member: 112&quot;]The mint doesn&#039;t get to pick and choose what they do and when they do it. Everything the mint does is dictated by laws, and they have to follow the law. That&#039;s why they minted all the dollar coins to begin with - because the law at the time said they had to.</p><p><br /></p><p>But when none of the banks would place orders for the dollar coins and they just kept on piling up in the vaults, the law was changed and that allowed them to stop minting them. </p><p><br /></p><p><br /></p><p><br /></p><p>That&#039;s just it, the only way they get a profit at all is when the coins are monetized by being released to the banks. Until the coins are released, there is no profit. The same thing goes for all coins struck for circulation.</p><p><br /></p><p><br /></p><p><br /></p><p>They can only melt them down if and when the law allows them to do so. But if they were melted down, then yeah they would have to take that as a loss.</p><p><br /></p><p>Think about all the GSA coins, all those coins were minted for use in circulation. But because the banks wouldn&#039;t place orders for them, they sat in the vaults for decades. And they sat there because the mint wasn&#039;t allowed by law to melt them down. And it was only when Congress passed a law allowing the mint to sell them to the public that they were allowed to do that.[/QUOTE]</p><p><br /></p>

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