On a side note, I noticed and article the other day on Excite.com titled "US
Mint Production Wilts in Recession" and thought it could tell me something
about the effects of the recession on coin production, an area that I've
been interested in for some time. Instead, it was about the US peppermint
crop. Oh! Well! Bummer!
--
Richard
http://www.richlh.com
http://coins.richlh.com/MyCoinLinks.htm
Don't lament that the rose bush has thorns. Rejoice that the thornbush has
roses.
[Ancient
Egyptian Saying]
--
Park Qtrs
On that note, with the current vastly reduced new coin demand on the USMint
and their similarly curtailed production, IMHO, it would he a great
opportunity to 'pull the trigger' on setting an iron clad deadline on ending
$1 note production. Their currently unused production capacity should easily
allow enough $1 coins to be stockpiled (15G or so more will be needed) to
replace them all within 1.5-2 years.
Ramp up production starting with 2011-dated coins in early Jan of 2011 and
stop issuing new $1 notes as of 2013-01-01.
:-)
--
___________________________________________ ____ _______________
Regards, | |\ ____
| | | | |\
Michael G. Koerner May they | | | | | | rise again!
Appleton, Wisconsin USA | | | | | |
___________________________________________ | | | | | | _______________
Got my first 2010 cent in change yesterday myself.