Peace – BVD

Look at the profit margins on collectible UNC Mint Sets, Proof, & Silver Proof, not to mention the upcharge for the gold products produced at the Mint, and figure where they’re making up the difference for the production costs of circulating coins for public use !!!! The Mint has been sticking it to the collectors any way they see fit for quite a while now. It’s been no secret about the cost overruns on Cent and Nickle coin production for years.
Then they strike BILLIONS of “Golden Dollars” (i.e. Presidential & Native American) that rot in the vaults at the Fed. Nobody wants them for commerce…my wife came home this week asking what the heck they were when she rec’d two in change. You give them to a toll collector and you get a dirty look. The post office removed the stamp machines which dispensed them as change in my town. OH, and they look terrible, it’s not the engraver’s fault, the metal mixture has no luster and the eyes all look spooky…Chucky Cheese tokens look better.
So, we have EZ Pass for Tolls, junk the bulk of circulating coinage, let us collectors hoard what’s minted, and issue chip-based “Blink Cards” to the public which they have to keep a minimum balance on by tying it to your bank account or debit card..or Cell Phone account for the change portion of commerce transactions. Don’t forget, this is the same country that minted 3 cent nickles to be used for 3 cent postage stamps. Maybe they should increase postage to $1.00 and we can glue those darned golden dollars on our letters. Watch your postman’s leg’s buckle carrying that bag door to door !!!
If you don’t like my tirade – go back to Step # 1..I’ll be happy with that as a start !!!!! Keep Smilin’ America !!
BVD