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Joined on 7/19/2011

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Smart SpendingCOMMENT

Free flights through $1 coin loophole

It does not cost the mint $1 to mint a $1 coin. It costs them closer to 10 to 15 cents per coin to make. This is why coins are no longer minted in silver, gold or copper. See intrinsic value of metals.   The Mint's bank account does not go down a $1 per dollar coin it mints. Hopefully you can understand this.   ...more
7/19/2011
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