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To: Rapscallion
The US Mint charges a premium.

500-BOX CHESTER ARTHUR ROLL - P
2012 Chester Arthur Presidential $1 Coin 500-Coin Box, Philadelphia (BL1)
Price: $550.95
Product will be available for shipping 06/15/2012

13 posted on 05/20/2012 1:33:04 PM PDT by DeaconBenjamin (A trillion here, a trillion there, soon you're NOT talking real money)
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To: DeaconBenjamin
At this time last year, you could by $250 worth of dollar coins online for $250. They covered credit card fees, shipping and everything.

Supposedly, too many people were buying the coins to earn credit card points and immediately turning them into the banks rather than circulating them.

Personally, I think that is a crock. They could have easily controlled this by numbering the rolls and blocking your future card transactions if they showed up at banks within 60 days or whatever, or limiting sales to $250 per month or whatever.

But they wanted a kabuki show about how they were saving taxpayer money by discontinuing what they called the circulating dollar coin program.

I believe the Chester Arthur coin is the first minted after the announcement the program was discontinued. So it actually might be minted in small enough numbers to have some collector's value in the future.

41 posted on 05/20/2012 6:56:41 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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