On Jan 1, 11:57*am, "Tim Roll-Pickering" T.C.Roll-
wrote:
Peter T. Daniels wrote:
Benefit? There's upwards of a billion Presidential Dollar coins
sitting in warehouses, because Congress mandated that vast numbers
more be minted than there was a collectors' market for; they shipped
them to banks, and eventually the banks shipped them back. (I've never
seen one. The last time I used a p.o. vending machine, at least two
years ago, I got both Sackies and Susan B's.) Just the storage is
costly

You clearly missed the mess whereby people could order the coins online with
free postage, which was intended as a way to get the coins into circulation
by allowing people on the ground to obtain them, in the hope they would go
on to use them and breed familiarity. Instead a lot of people just purchased
by the suitcase load on their credit cards to accumulate air miles then just
took the coins to their banks to pay off their CC bills. Eventually they
stopped credit card purchases.

That scam was discussed here not long ago.

It didn't keep the banks from handing them out when people made cash
withdrawals.

And it had nothing to do with the particular coins being offered -- it
would have worked just as well with Statehood Quarters or Lewis &
Clark Nickels or any ordinary coins.

You clearly missed the mess whereby people could order the coins online with
free postage, which was intended as a way to get the coins into circulation
by allowing people on the ground to obtain them, ...

A note on the Mint's web site says that they now charge a $12.50
service charge on orders of bulk dollar coins, and they don't accept
credit cards for them, so that trick doesn't work any more. If you
actually want dollar coins, it's now easier and cheaper to get them at
face value from your local bank. I got a nice roll of Garfields last
week.

And it had nothing to do with the particular coins being offered -- it
would have worked just as well with Statehood Quarters or Lewis &
Clark Nickels or any ordinary coins.

Sigh. If you'd ever actually looked at the Mint's web site, you'd
know that the bags of dollar coins are the only thing they sold there
at face value. You could (and can) buy a bag of 100 quarters, but not
for $25.

R's,
John

On Jan 1, 3:17*pm, John Levine wrote:
You clearly missed the mess whereby people could order the coins online with
free postage, which was intended as a way to get the coins into circulation
by allowing people on the ground to obtain them, ...

A note on the Mint's web site says that they now charge a $12.50
service charge on orders of bulk dollar coins, and they don't accept
credit cards for them, so that trick doesn't work any more. *If you
actually want dollar coins, it's now easier and cheaper to get them at
face value from your local bank. *I got a nice roll of Garfields last
week.

And it had nothing to do with the particular coins being offered -- it
would have worked just as well with Statehood Quarters or Lewis &
Clark Nickels or any ordinary coins.

Sigh. *If you'd ever actually looked at the Mint's web site, you'd
know that the bags of dollar coins are the only thing they sold there
at face value. *You could (and can) buy a bag of 100 quarters, but not
for $25.

You really are as stupid as you appear. (Are you just itching to send
another email to my spam folder, like you did earlier?)

The scam WOULD HAVE WORKED JUST AS WELL with any coins that were
offered the way the commemorative dollars were offered. Presumably
that was a desperate attempt to get into circulation coins that no one
was interested in circulating, despite what a couple of crazed
congressmen wanted.

And it had nothing to do with the particular coins being offered -- it
would have worked just as well with Statehood Quarters or Lewis &
Clark Nickels or any ordinary coins.

Sigh. *If you'd ever actually looked at the Mint's web site, you'd
know that the bags of dollar coins are the only thing they sold there
at face value. *You could (and can) buy a bag of 100 quarters, but not
for $25. ...

The scam WOULD HAVE WORKED JUST AS WELL with any coins that were
offered the way the commemorative dollars were offered.

Hmmn. Is there some way I could write "bags of dollar coins are the
only thing they sold there at face value" that would be easier to
understand?

R's,
John

On Jan 1, 10:02*pm, John Levine wrote:
And it had nothing to do with the particular coins being offered -- it
would have worked just as well with Statehood Quarters or Lewis &
Clark Nickels or any ordinary coins.

Sigh. *If you'd ever actually looked at the Mint's web site, you'd
know that the bags of dollar coins are the only thing they sold there
at face value. *You could (and can) buy a bag of 100 quarters, but not
for $25. ...

The scam WOULD HAVE WORKED JUST AS WELL with any coins that were
offered the way the commemorative dollars were offered.

Hmmn. *Is there some way I could write "bags of dollar coins are the
only thing they sold there at face value" that would be easier to
understand?

You really don't understand counterfactuals?

That means, You really don't understand "what if"s? and fiction? and
imagination?

Hmmn. *Is there some way I could write "bags of dollar coins are the
only thing they sold there at face value" that would be easier to
understand?

You really don't understand counterfactuals?

That means, You really don't understand "what if"s? and fiction? and
imagination?

Ah. If you're saying that all of your usenet posts are fiction, that
explains a lot. Sorry for my unwarranted assumption that you were
attempting to make sense.

R's,
John

PS: If the Mint gave away a pony with every bag of dollar coins rather
than just frequent flyer miles, I bet they would have shipped way more
of them.

ObTransit: I gather that you can pay for a bus trip with two dollar
coins and a quarter. Has anyone here ever done so?