Yet another US Mint program?

https://catalog.usmint.gov/webapp/w...ctId=14506&langId=-1&parent_category_rn=16238

 

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wowzer
you thought the mintages were bad now! just wait

 

Free shipping....from what I'm reading the Mint picks up the tab for shipping. Interesting.

 

that should help to get them in circulation.collectors can buy them check for errors then spend them

 

I am sooooooo confused!


It seems to be too good to be true, but, is our government actually doing something nice?


Where is the catch?

 

Looks like a feeble attempt at a garage sale...

 

You owe me a new keyboard for making me spit out my soda over the keys and causing me to laugh.

 

I wonder if I can make an offer of $150.00 LOL.

Actually sounds like a good deal. They're picking up S&H and you only pay face value. Saves a trip to the bank (Gas $$$$$$$) for those that like to roll search these.

 

okay, I'll repeat:



Where is the catch?


Da Government don't give nothin' away for free!
[except tax forms.]

 

Think I read somewhere that the mint hired some kind of cosulting firm to promote the use of the dollar coins to the general public. Think they are being paid something like 2.4 million. This may just be the first attempt. Well all I can say is, we will pay for it one way or another.

Here is a little insert I found. If this is old news, please direguard


Hoping to avoid the mistakes it made with the Susan B. Anthony coin, the U.S. Mint decided to hire consultants for advice on how to launch the new golden dollar. To find and screen consulting firms, the Mint turned to ProSavvy. ProSavvy is an “e-procurement solution”—a Web-based service designed to help companies of all sizes “more efficiently and effectively select professional and consulting service providers.”

 

is there any way to find out if they are p or d mint

 

Save on wharehouse space? 3.5 billion presidentals minted with and we just made past Jefferson? I wonder how popular the Nixon dollar will be. The neat thing about the Carter dollar is the longer you have it, the smaller it gets.

 

So who's going to order some? Looks like it won't cost you anything. Are we going to get these things circulating? They haven't been doing a good job yet. Most people I know haven't even heard of the new dollars let alone seen one.

 

I guess one catch is that for 250 $ coins

"Total melt value is $15.79.

(exact value is $15.793475165809)


[FONT=Verdana, Helvetica]Statistics:

» There are 3.951 pounds of copper, 0.0893 pounds of nickel, 0.2679 pounds of zinc, and 0.000070875 tonnes of manganese in $250 face value of Presidential dollar(s).

» A roll of Presidential dollar(s) has 25 coins and is valued at $1.58 when copper is at $3.6180 / lb, nickel at $11.1100 / lb, zinc at $0.8341 / lb, and manganese at $4000.00 / ton (exact value is $1.5793475165809).
" :whistle:[/FONT]

 

I ordered. I figured I have nothing to lose and I might just get philly coins so I don't have to have my sister send them up to me.

 

ill solve all their problems for only 100k if they bothered to ask.

 

LOL....hire a big consulting firm to discover how to get dollar coins into circulation. I may be stating the obvious (and I'm not the first person to pose this) but if you want to get golden dollars into circulation then you need to eliminate the paper dollar.

 

are they paying the consulting firm with the new dollars? then they can pay their employees with them.

 

The mint will record record orders for this for one reason.

I can order $500 cash and pay with my rewards card. I collect the 1% to 5% reward and deposit the cash before the credit card payment is due.

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This should be ticking off the Federal Reserve. They are storing on their books all dollar coins with little chance of any bank ever getting them. The depository institutions are going to ship the commemoratives as long as the mint is flipping the bill for the cost of packaging/shipping, but the dollar bags will still keep flowing in.

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What does the mint really need to do.

= Talk to Convenience Store owners. Make them realize that they can cut their losses during a robbery by switching out the dollar bills in their drawers for dollar coins and $2 bills. The typical robbery haul is something like $50 to $100 with the bulk of that being $1 bills.

= Work with the BEP and Paper lobbyists to shift the focus from $1 bills to $2 bills. The BEP already makes $2 bills, the Federal Reserver and Member Banks are already set up to handle them, and ramping up production of $2 bills should help the lobbyists feel like they have done something to keep the paper suppliers happy.

 

Does anyone remember where the post is that listed out the profit/losses breakdown by coin for the US Mint for last year??