Model Forum / General / Rockets / October 2005

I'm not.

Jerry

Profit=revenues-expenses (*volume)

The coins are uncirculated and the bills are sealed and in sequence. Calling
ahead to the bank can't get you that. Geez Woody, if you don't get it either
ask nicely or just sit quietly. You're trying to pick a fight with one of
the good guys and all it does is make you look like a jerk.

Incorrect.

2004 Golden Dollars cannot be obtained from any bank. Especially
uncirculated. The mint never released any 2002, 2003, 2004 or 2005
Golden Dollars to the Federal Reserve for normal circulation. They were
sold as numismatic items only directly from the mint at way over face
value.

The reason they never released them is that instead of the planed 130
million GDs in year 2000, they minted 1.3 Billion  in an attempt to
flood the supply and stop people from complaining that their banks
claimed they could not get any. That supply has finally dropped down in
amny cities and many of the 130 million minted in 2001 have finally
been mixed into the supply. Los Angeles started getting some 2001-D GDs
last Christmas season and they have continued to be mixed in all year
(about 10% of the supply). And, of course, once they get mixed into the
other coins and rolled and delivered to the local bank they are
considered "circulated" and not collectable. They still buy a Coke or a
ride on the bus/trolly/subway.

As for Twos, you cannot possibly get BEP straps or bundles of 1995 Twos
from your bank. You can certainly get circulated bills in mixed straps,
but those have no numismatic value. They are worth $2. And many people
live in towns or small cities where their banks refuse to order new
Twos, so the BEP Brick/bundle of Twos from series 2003 is desireable to
those who want crisp, sequential serial number, uncirculated bills.

Demand for those is seasonal. Sometimes they sell for $2500, sometimes
they sell for a lot less. And I cannot always get them. In Los Angeles,
our local branch of the Federal Reserve will ship out whatever is on
hand. If they are flooded with circulated/thrashed bills, that's what
gets shipped to banks. If they run out or low, they order more from the
BEP and then we get new bills.

they also ship new bills once a year during the holiday season IF your
bank actually sends in an order using the correct forms. Many banks do
so, and many more refuse to do a damned thing for their customers.

I encourage you to order thousands of Twos and Golden Dollars from your
bank every week. Tell us what they supply you with. This is the season
so you might get new money.

And be sure to pick up 10 Centuri Saturn V kits at your local hobby
shop.

;)

Ever heard of "collectors"?  Ever gotten a catalog from the US Mint, or
checked their website?

Fred's prices are reasonable and he's catering to collectors.

-Kevin