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<p>[QUOTE=&quot;clembo, post: 616331, member: 8033&quot;]An interesting topic with some interesting replies and I may have missed a few.</p><p><br /></p><p>Do people hoard? Yes! I have financed many a vacation with nothing but hoarded coins. Of rourse when I turn them in they are no longer hoarded.</p><p><br /></p><p>Think of coins &quot;released for circulation&quot; that never properly made it there. Ike Dollar on up is a good place to start. I see Ikes, Susan Bs, Sacs and now Presidentials constantly at the shop and advise people to spend them.</p><p>This also holds true of Kennedy halves as so few actually use them. YEt we still keep making them. Now you have to order Kennedy halves from the mint yet they still keep producing them.</p><p><br /></p><p>Hey what about BiCentennial quarters. Man I get tired of seeing those. Hoards lying around and he vast majority worth 25 cents each.</p><p><br /></p><p>So that explains a lot by change hoarders and &quot;non collectors&quot; as it were.</p><p><br /></p><p>Here&#039;s where I get jaded. The U.S. Mint.</p><p>Working in a coin shop I see it. There are billions of coins being minted every year. Now we have Coinstar etc. where people cash them in for groceries etc. The District&nbsp; banks have no reason to order from the Feds as they have plenty yet they are still produced. THEN the Mint sells them at inflated prices for the collectors.</p><p>We had to get both the Puerto Rico and Guam quarters at a nice premium from the mint. Hence we charge more. Our customers want them you see.</p><p>Today I went to the bank and guess what. I got two rolls of Puerto Rico for face value as we all should.</p><p><br /></p><p>What does it tell you when you can order Native American dollars for face from the U.S. Mint in lots of $250 and get them shipped free. It tells me they are not moving and they can do this while still making&nbsp; a profit (production costs).</p><p><br /></p><p>So where&#039;s the money? TONS of it sitting in vauts.[/QUOTE]</p><p><br /></p>

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