PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V6 2003 INDEX       E-SYLUM ARCHIVE




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

Google
 
coinbooks.org Web
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
Copyright © 2005 The Numismatic Bibliomania Society.

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V6 2003 INDEX       E-SYLUM ARCHIVE


Copyright © 1998 - 2024 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.

NBS Home Page
Contact the NBS webmaster