Mint pushing Sacs
mazorj
boxes. Sound like they've still got way too many in inventory to meet their
mandate.
Paul Anderson
"mazorj" <maz...@verizon.net> wrote:
They were available via the Direct Ship program, meant for people and
businesses who couldn't get dollar coins in sufficient quantity at
their bank, to get them into circulation.
Unfortunately, some people misused the program to get airline
frequent-flyer miles by buying excessive amounts of coins on their
credit card and returning them to their banks.
The Mint suspended the program for a while and blocked the most abusive
purchasers from participating.
On the order site now is this text:
> The intended purpose of the Circulating $1 Coin Direct Ship Program
> is to make $1 Coins readily available to the public, at no additional
> cost, so they can be easily introduced into circulation�particularly
> by using them for retail transactions, vending, and mass transit.
> Increased circulation of $1 Coins saves the Nation money. The
> immediate bank deposit of $1 Coins ordered through this Program does
> not result in their introduction into circulation and, therefore,
> does not comply with the intended purpose of the Program.
>
> Through December 31, 2009 there is a 20-box household limit on Native
> American $1 Coins. If you need quantities greater than this, please
> send an e-mail at the time of your order to
> direc...@usmint.treas.gov to explain why your order should be
> exempted from the limit.
>
> By clicking �Add to Cart� I agree that I understand, and will comply
> with, the intended purpose of the Program.
Paul