FlyerTalk Forums - View Single Post - 1$ coin Redux?
Thread: 1$ coin Redux?
View Single Post
Old Feb 13, 2018, 10:49 am
  #8  
tuphat
 
Join Date: Oct 2013
Posts: 1,322
Originally Posted by radonc1
Why would anyone pay a premium for what is in essence coin of the realm?

This isn't numismatic coins worth collecting such as proof sets (which are available for a price). This is plain old change, and who is going to want to have 250 dollar coins and pay a premium for them so that you can circulate this specific currency that has in essence been rejected by the population.

Maybe the government thinks they see a way to monetize the MS craze
I think the main explanation is convenience, for those that want/need uncirculated coins, of all denominations (not just $1). One example: those omnipresent ads by Littleton, offering various sets/collections. Or maybe some merchant that likes to give out a particular state or park coin as change. I assume USM wouldn't offer the service unless there was at least some market demand.
tuphat is offline