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The E-Sylum: Volume 6, Number 30, July 27, 2003, Article 15 CENT SEIGNORAGE In response to last week's item about the Lincoln Cent, David Ganz writes: "The latest mint annual report shows that the Mint makes a profit of at least a tenth of a cent on each cent produced. Do the math: 13 billion x .001 = $13 million profit annually. Who wouldn't give their right arm for that ability? Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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