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<p>[QUOTE=&quot;mikenoodle, post: 826843, member: 307&quot;]Yes, the Fed orders coin from the US Mint and is the only entity that does so directly. In fact, the coins are technicaly not deemed to be lawful money until they are delivered to the Fed.</p><p><br /></p><p><br /></p><p><br /></p><p>umm, no that&#039;s not at all the function of the US Mint. Their function is to provide coin for the purposes of facilitating commerce. Coin collecting is merely a hobby that arose out of this function.</p><p><br /></p><p>The short answer to your question, zekeguzz, is that the Fed is pushing around the coin that is already in circulation and has no use for the new coin that they have received from the Mint. They operate on a first-in first-out basis, so you won&#039;t see new coin until commerce has gobbled up the ones currently in circulation.[/QUOTE]</p><p><br /></p>

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