Originally Posted by PIONEER

I totally agree with the prededing comments about the economics of this deal. It may appear that the Mint is making money, but then the Federal Reserve winds up with an increasing inventory of coins that nobody wants. For everybody that supposedly makes money, somebody else is paying for it.

My hope (and rationalization for a couple $1000 a month) is that, sooner or later, the Fed will complain to the extent that the dollar bill is eliminated, thus forcing people to use the coins (which should be done anyways). Otherwise, what is the Fed going to do with all the coins?