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What I would most like to see is the return (from the US Mint) of
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<p>[QUOTE="GDJMSP, post: 1731933, member: 112"]Sorry but you are dead wrong. Proofs, even in the 1800's, and ever since, were sold to the public at a price well above face value. And the annual Mint Sets which were first produced in 1947 were also sold at a price well above face value. </p><p><br /></p><p>And since after the very early years no coin ever cost the mint even close to face value to produce (until within the past few years and then only with the cent and nickel) the mint made a profit on every coin they made. Every cent they made used to cost less than half a cent to make it, every nickel about 2 cents, every dime about 3-4 cents, every quarter about 6 cents. </p><p><br /></p><p>Today, yeah the cent cost more,I think it's about 1 1/2 cents. The nickel I believe has recently fallen back under a nickel. The dime cost about 5 cents, and the quarter about 10 cents.</p><p><br /></p><p>So you tell me - just how did the mint NOT make a profit ? For absolute proof, check the annual reports, every year they made a profit. And they still do.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1731933, member: 112"]Sorry but you are dead wrong. Proofs, even in the 1800's, and ever since, were sold to the public at a price well above face value. And the annual Mint Sets which were first produced in 1947 were also sold at a price well above face value. And since after the very early years no coin ever cost the mint even close to face value to produce (until within the past few years and then only with the cent and nickel) the mint made a profit on every coin they made. Every cent they made used to cost less than half a cent to make it, every nickel about 2 cents, every dime about 3-4 cents, every quarter about 6 cents. Today, yeah the cent cost more,I think it's about 1 1/2 cents. The nickel I believe has recently fallen back under a nickel. The dime cost about 5 cents, and the quarter about 10 cents. So you tell me - just how did the mint NOT make a profit ? For absolute proof, check the annual reports, every year they made a profit. And they still do.[/QUOTE]
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What I would most like to see is the return (from the US Mint) of
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