Branch Mint in a Federal Prison.
coinmanic
Posts: 572
How about setting up a branch Mint at a Federal Prison. If the convicts can make license plates, coins won't be much of a problem. Let the more senior, non violent offenders do the work. Perhaps the Cent would be the best coin to start with. Even if some get stolen, they wouldn't amount to much. Let the prisoners get productive and offset some of the cost of incarceration.
SOCIALIZED MEDICINE: The wealthiest class treats the lowest class and sends the bill to the middle class.
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I was noticin' there are way too many skilled jobs in this economy.
"Inspiration exists, but it has to find you working" Pablo Picasso
I don't think labour is our issue with coinage, it's the fact that most of the smaller coins have base metals that are more valuable (or close to as valuable) as the face value of the coins.
Coining in a prison seems to me to be a solution in search of a problem.
The name is LEE!
<< <i>All ya need to do is look up the prison slang term "caboose" to understand the security risk. >>
But if they "keestered" a penny how would it tone
<< <i>What "problem" are you seeking to solve.
I don't think labour is our issue with coinage, it's the fact that most of the smaller coins have base metals that are more valuable (or close to as valuable) as the face value of the coins.
Coining in a prison seems to me to be a solution in search of a problem. >>
I don't have much of an opinion on the OP. I just like the way you spelled "labour"
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Repetition of ignorance is ignorance raised to the power two.
West Point is a military base. All military bases have a brig or temporary confinement facility.
Now you have two different facilities within the same base.
<< <i>How about setting up a branch Mint at a Federal Prison. If the convicts can make license plates, coins won't be much of a problem. Let the more senior, non violent offenders do the work. Perhaps the Cent would be the best coin to start with. Even if some get stolen, they wouldn't amount to much. Let the prisoners get productive and offset some of the cost of incarceration. >>
If you think there are errors now...can you imagine all the errors and combination of errors there would be.The mules would be lined up out the door....
<< <i>worry more for the dies to go missing. >>
Good point. Guess how they would smuggle them out.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>he fact is, Mint security is as stringent as most prisons. Workers do not just walk in and out. Several years ago, workers were creating errors and smuggling them out by dropping them in the oil fill spout of a forklift. They new the outside contractors that serviced the truck. When it left to be worked on, they removed the coins. >>
Those guys were caught and are doing federal time. We already have an experinced US mint trained work force in prison. I say put them all to work.
OLD THREAD ALERT
Can anybody confirm or refute this statement, specifically where it says that some or all of the people caught deliberately making what I would call fake errors at the San Francisco Assay Office (later Mint) in the late 1960's and early 1970's and smuggling them out of the building in the oil pans of forklift trucks were sentenced to Federal prison?
Does anybody have a copy of an official document from the Bureau of the Mint or the Department of the Treasury stating for the record how this matter was resolved?
Thanks.
TD
A prisoner ran mint seems ambitious.
I think prisons should all have a legit tattoo studio with inmate tattoo artists. Not because I think they deserve tattoo's but because they do it anyway, legit is safer and it would give a small number of inmates a job skill they can use upon release. Most tattoo studio's hire felons.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
Wow, cool idea for a prison mint!
And I thought of a good mint mark. Use ‘cc’ for “continued carceration.”
Then everyone can tell friends they collect cc branch mint coins, impressive!😂
One of the basic principles in prison management is to keep prisoners separated from money as money would facilitate escapes.
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