Mintage of new coins increasing again.

cladking

This is great since it usually signals a turnaround in the economy, but it also
means that coins are already flowing out of storage at the fed. This likely is
the cause of the increased number of old states issues in AU and unc.

I hate seeing the old coins sit and not getting lost or worn.

Cam40

production numbers are going up?

when did they go down? seems to me we have more than enough coinage out there already
and have been for many years.
isnt making/printing too much money a bad thing for the economy?
it really lowers the value of the dollar ultimately doesnt it?
deflation

sumnom

I think the mint should recall the state quarters, melt them down, and start over again.

cladking

<< <i>production numbers are going up?

when did they go down? seems to me we have more than enough coinage out there already
and have been for many years.
isnt making/printing too much money a bad thing for the economy?
it really lowers the value of the dollar ultimately doesnt it?
deflation >>



Mintages have been dropping since 2000 and some of the drops have been steep. At the
same time coin has been flowing back to the fed and the mint since users don't store excess
coin. These are put into storage until demand increases again. Normally new coin would go
straight to storage and stay there until all the older coin was issued but the states quarters
have been going into circulation even as old circulated coin went into storage.

The mint does try to make an ample number of coins but costs to store coin are high so they
attempt to keep excess as low as possible.

Printing money is the leading cause of inflation but small change is nearly insignificant in this
regard due to its lack of much purchasing power.