Important Information About Ordering from the Royal Australian Mint

Total Page:16

File Type:pdf, Size:1020Kb

Important Information About Ordering from the Royal Australian Mint Return to: Locked Bag 31 Customer No: KINGSTON ACT 2604 ORDER FORM – March 2019 Australian and International Deliveries Important information about ordering from the Royal Australian Mint Phone Orders: 1300 652 020 International: +61 2 6202 6800 General Conditions For the cost of a local call you can place your order with our Contact Centre. • All cheques and money orders should be in Australian dollars and made payable The Contact Centre is open 8.30 am – 5.00 pm (AEDST) Monday to Friday excluding public holidays. to the Royal Australian Mint. • Cheques and money orders will only be accepted with mailed orders. (Aust. only) Online Ordering: https://eshop.ramint.gov.au • Postage must be included with all coin orders, except for an order in Australia Ordering from our website is safe, secure and easy. Our site is available 24 hours a day, valued at $350.00 or more in one transaction. seven days a week. Registering online and providing us with your email address means • Unless otherwise stated Australian domestic orders will be dispatched within we can keep you informed of coin releases and launch dates. 10 – 14 working days of the order being processed. • Unless otherwise stated Australian and international orders will be dispatched Terms & Conditions relating to lost packages when using within 21 working days of the order being processed. re-direction through MyPost Delivery App. • Orders may be split by the Royal Australian Mint to meet our delivery schedule The Royal Australian Mint will not be not liable for any missing customer orders where orders sent and stock availability. via Australia Post, and where a customer then uses the MyPost Delivery App to re-direct their order • Products are available until sold out. to another address or to an Australia Post Parcel Locker. • Deliveries made within Australia incur the Goods & Services Tax (GST), while deliveries made to destinations outside Australia and its Territories do not incur the GST. Ensure By using the MyPost Delivery App, you indemnify the Mint and all of its officers, you are paying the correct price for your order. employees, contractors and agents against all loss, actions, proceedings, costs and expenses • Credit card payment will be processed within 48 hours of being received (including legal fees), claims and damages arising. Please see MyPost Terms of Use at at the Royal Australian Mint. http://auspost.com.au/terms-conditions/mypost-accounts • Customers ordering both new releases and previous releases of Mint products may receive a separate delivery depending on availability. Periodic Payment • The Royal Australian Mint reserves the right to withdraw this offer at any time. Periodic payment option is available for orders in excess of $750.00 and some conditions apply: • ABN: 45 852 104 259 • The payment option can only be paid by credit card. Refund Policy • Payment must be made in three (3) equal monthly instalments. If you wish to return a product, please do not hesitate to contact us within 7 days of • The first instalment must be 1/3 of the total order value and must accompany the order. receiving the order: Phone: 1300 652 020 – Email: [email protected] • After the final payment is received, the goods will be dispatched. Refunds will be honoured in line with your rights under the Australian Consumer Law. This includes: • When the first payment is made by credit card, authority for all three payments Major Failure the Royal Australian Mint will replace (where possible) or refund the purchase price is deemed to be given and no additional authority will be requested. of the product if, after examining the product. Note; Packaging is not regarded as a major failure Legends vouchers can be used towards 1st payment only. Minor Failure – We are entitled to choose between providing you with a repair, replacement or refund if, after examining the product. Please note that we will not provide you with a refund, Two declined payments will result in cancellation of order(s) and refund. repair or replacement of a product that was damaged after you took possession, for reasons not related to the failure. Yes, I would like to arrange periodic payment and authorise the following payment schedule. Change of Mind – If you simply changed your mind the Mint will give you a refund for the purchase price, less any shipping charges. 1st payment with this order $ • A refund will be issued to the customer once the product(s) are returned to the 2nd payment, in 30 days $ Due / / Royal Australian Mint. • If an order is for more than one product, and any of those products are sold out, a refund 3rd payment, in 60 days $ Due / / to the value of the unavailable products will be processed within 30 days. Sign: • The Mint is not liable for loss of profits or loss of opportunity resulting from returned products that cannot be replaced due to lack of stock. Privacy information • The Royal Australian Mint reserves the right to withdraw this offer at any time. • The information collected on this form will be used to deliver and process your order as well For full terms and conditions on Warranty and Returned Goods Policy please visit the Royal as help us provide you with information on particular products that you might be interested in. Australian Mint Website – https://www.ramint.gov.au/warranty-and-returned-goods-policy Please check the box if you do not want to receive any further information from the Mint. • Please review the Mint’s privacy statement on www.ramint.gov.au for further information. I would not like to receive information from the Mint. 2019 Mini Mint Issue_MARCH_ORDER FORM_FA.indd 1 15/2/19 2:52 pm Return to: Locked Bag 31 Customer No: KINGSTON ACT 2604 ORDER FORM – March 2019 Australian and International Deliveries Card number Expiry date CVC/CCV Code (Mandatory) Name on card: Your daytime phone: ( ) Amex Visa Signature: Date: Mastercard Cheque/Money Order (Australia Only) Tick here to join the Mint Legends Program Code Product Description International Price Australian Price Qty Total Page 2 60th Anniversary of Mr Squiggle 10168 2019 Seven Coin Coloured Uncirculated Set $13.64 $15.00 Page 3-4 Echoes of Australian Fauna - Tasmanian Tiger 10167 2019 $5 1oz Nickel Plated Selectively Gold Plated Fine Silver Proof Coin $127.27 $140.00 Page 5-6 Last of the Ian Rank-Broadley Effigy – 2019 Six Coin Proof Sets 10108 2019 Fine Silver Six Coin Proof Year Set $318.18 $350.00 10109 2019 Gold Six Coin Proof Year Set $9086.36 $9995.00 Pages 7 2019 Mintmark Collection - Australian Bushrangers 10107 2018 $1 Four Coin Uncirculated Mintmark & Privy Mark Set $22.73 $25.00 10101 2018 $1 “C” Mintmark Fine Silver Proof Coin $54.55 $60.00 10097 2018 $10 “C” Mintmark Gold Proof Coin $272.73 $300.00 Postage & Handling – eParcel $10.00 (incl. GST) International Delivery $35.00 Total incl. P&H • Free delivery on all orders over $350.00 made in one transaction within Australia. 2019 Mini Mint Issue_MARCH_ORDER FORM_FA.indd 2 15/2/19 2:52 pm.
Recommended publications
  • A Model of Bimetallism
    Federal Reserve Bank of Minneapolis Research Department A Model of Bimetallism François R. Velde and Warren E. Weber Working Paper 588 August 1998 ABSTRACT Bimetallism has been the subject of considerable debate: Was it a viable monetary system? Was it a de- sirable system? In our model, the (exogenous and stochastic) amount of each metal can be split between monetary uses to satisfy a cash-in-advance constraint, and nonmonetary uses in which the stock of un- coined metal yields utility. The ratio of the monies in the cash-in-advance constraint is endogenous. Bi- metallism is feasible: we find a continuum of steady states (in the certainty case) indexed by the constant exchange rate of the monies; we also prove existence for a range of fixed exchange rates in the stochastic version. Bimetallism does not appear desirable on a welfare basis: among steady states, we prove that welfare under monometallism is higher than under any bimetallic equilibrium. We compute welfare and the variance of the price level under a variety of regimes (bimetallism, monometallism with and without trade money) and find that bimetallism can significantly stabilize the price level, depending on the covari- ance between the shocks to the supplies of metals. Keywords: bimetallism, monometallism, double standard, commodity money *Velde, Federal Reserve Bank of Chicago; Weber, Federal Reserve Bank of Minneapolis and University of Minne- sota. We thank without implicating Marc Flandreau, Ed Green, Angela Redish, and Tom Sargent. The views ex- pressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Chicago, the Fed- eral Reserve Bank of Minneapolis, or the Federal Reserve System.
    [Show full text]
  • The Cases of the Liberty Dollar and E-Gold Lawrence H
    The Troubling Suppression of Competition from Alternative Monies: The Cases of the Liberty Dollar and E-gold Lawrence H. White Proposals abound for reforming monetary policy by instituting a less-discretionary or nondiscretionary system (“rules”) for a fiat- money-issuing central bank to follow. The Federal Reserve’s Open Market Committee could be given a single mandate or more gener- ally an explicit loss function to minimize (e.g., the Taylor Rule). The FOMC could be replaced by a computer that prescribes the mone- tary base as a function of observed macroeconomic variables (e.g., the McCallum Rule). The role of determining the fiat monetary base could be stripped from the FOMC and moved to a prediction mar- ket (as proposed by Scott Sumner or Kevin Dowd). Alternative pro- posals call for commodity money regimes. The dollar could be redefined in terms of gold or a broader commodity bundle, with redeemability for Federal Reserve liabilities being reinstated. Or all Federal Reserve liabilities could actually be redeemed and retired, en route to a fully privatized gold or commodity-bundle standard (White 2012). All of these approaches assume that there will con- tinue to be a single monetary regime in the economy, so that the way to institute an alternative is to transform the dominant regime. Cato Journal, Vol. 34, No. 2 (Spring/Summer 2014). Copyright © Cato Institute. All rights reserved. Lawrence H. White is Professor of Economics at George Mason University, a member of the Mercatus Center Financial Markets Working Group, and a Senior Fellow at the Cato Institute. 281 Cato Journal A different approach to monetary reform is to think about ways that alternative monetary standards might arise in the marketplace to operate in parallel with the fiat dollar, perhaps gradually to displace it.
    [Show full text]
  • Inside the U.S. Mint
    #9246 IINNSSIIDDEE TTHHEE UU..SS.. MMIINNTT AMBROSE VIDEO PUBLISHING 2000 Grade Levels: 9-13+ 50 minutes 1 Instructional Graphic Enclosed DESCRIPTION Describes the process of minting U.S. coins: creating and selecting their designs, finding correct metals, creating new dies, striking and inspecting new coins. Features the gold-refining process for the Canadian gold Maple Leaf and the enormously complex problems faced when replacing the national currencies of Europe with the new Euro-dollar. ACADEMIC STANDARDS Subject Area: Civics • Standard: Understands how the United States Constitution grants and distributes power and responsibilities to national and state government and how it seeks to prevent the abuse of power Benchmark: Knows which powers are primarily exercised by the state governments (e.g., education, law enforcement, roads), which powers are prohibited to state governments (e.g., coining money, conducting foreign relations, interfering with interstate commerce), and which powers are shared by state and national governments (e.g., power to tax, borrow money, regulate voting) Subject Area: Economics • Standard: Understands basic features of market structures and exchanges Benchmark: Knows that the basic money supply is usually measured as the total value of coins, currency, and checking account deposits held by the public INSTRUCTIONAL GOALS 1. To observe coin-making inside the U.S. Mint. 2. To present the Royal Canadian Mint. 3. To illustrate the process of European countries switching to the Euro dollar. 4. To provide statistics on minted coins. 1 Captioned Media Program VOICE 800-237-6213 • TTY 800-237-6819 • FAX 800-538-5636 • EMAIL [email protected] • WEB www.cfv.org Funding for the Captioned Media Program is provided by the U.S.
    [Show full text]
  • The World's Coinage in Our Hands
    The world’s coinage in our hands The world’s leading export mint Supplying approximately 5 billion coins and blanks to over 40 countries each year, The Royal Mint is the world’s leading export mint. We are the trusted partner of more governments and central banks than any other mint, delivering high-quality products that help our customers achieve more value from their currency. Redefining currency As cash cycles evolve, we’re helping customers all over the world to redefine how coins and currency are designed and manufactured, ensuring each currency system meets the needs of its economy. The world’s authority on coins and currency The Royal Mint is a 21st-century business backed by more than 1,100 years of experience and continuous improvement. We continue to define the minting industry, delivering the world’s best currency to our partners around the globe. Security and reliability “The new £1 coin has been designed to be fit for the future, using security features that aim to safeguard our currency, and currencies around the world, for years to come. Staying ahead of sophisticated counterfeiters remains a constant challenge and this coin helps in that battle.” Adam Lawrence Chief Executive of The Royal Mint As the creator of the most secure coin in the world – the new UK 12-sided £1 coin – we can offer our customers the highest levels of security expertise. From design and manufacture through to storage and distribution we’re always looking for ways to enhance currency security. Durability like no other Our longer-lasting mono-ply technology is the cost-effective alternative to more expensive currency options.
    [Show full text]
  • Digital Currency
    THE FUTURE OF MONEY: DIGITAL CURRENCY HEARING BEFORE THE SUBCOMMITTEE ON MONETARY POLICY AND TRADE OF THE COMMITTEE ON FINANCIAL SERVICES U.S. HOUSE OF REPRESENTATIVES ONE HUNDRED FIFTEENTH CONGRESS SECOND SESSION JULY 18, 2018 Printed for the use of the Committee on Financial Services Serial No. 115–111 ( U.S. GOVERNMENT PUBLISHING OFFICE 31–510 PDF WASHINGTON : 2018 VerDate Sep 11 2014 07:37 Nov 15, 2018 Jkt 000000 PO 00000 Frm 00001 Fmt 5011 Sfmt 5011 G:\GPO PRINTING\DOCS\115TH HEARINGS - 2ND SESSION 2018\2018-07-18 MPT DIGIT nshattuck on FSR297 with DISTILLER HOUSE COMMITTEE ON FINANCIAL SERVICES JEB HENSARLING, Texas, Chairman PATRICK T. MCHENRY, North Carolina, MAXINE WATERS, California, Ranking Vice Chairman Member PETER T. KING, New York CAROLYN B. MALONEY, New York EDWARD R. ROYCE, California NYDIA M. VELA´ ZQUEZ, New York FRANK D. LUCAS, Oklahoma BRAD SHERMAN, California STEVAN PEARCE, New Mexico GREGORY W. MEEKS, New York BILL POSEY, Florida MICHAEL E. CAPUANO, Massachusetts BLAINE LUETKEMEYER, Missouri WM. LACY CLAY, Missouri BILL HUIZENGA, Michigan STEPHEN F. LYNCH, Massachusetts SEAN P. DUFFY, Wisconsin DAVID SCOTT, Georgia STEVE STIVERS, Ohio AL GREEN, Texas RANDY HULTGREN, Illinois EMANUEL CLEAVER, Missouri DENNIS A. ROSS, Florida GWEN MOORE, Wisconsin ROBERT PITTENGER, North Carolina KEITH ELLISON, Minnesota ANN WAGNER, Missouri ED PERLMUTTER, Colorado ANDY BARR, Kentucky JAMES A. HIMES, Connecticut KEITH J. ROTHFUS, Pennsylvania BILL FOSTER, Illinois LUKE MESSER, Indiana DANIEL T. KILDEE, Michigan SCOTT TIPTON, Colorado JOHN K. DELANEY, Maryland ROGER WILLIAMS, Texas KYRSTEN SINEMA, Arizona BRUCE POLIQUIN, Maine JOYCE BEATTY, Ohio MIA LOVE, Utah DENNY HECK, Washington FRENCH HILL, Arkansas JUAN VARGAS, California TOM EMMER, Minnesota JOSH GOTTHEIMER, New Jersey LEE M.
    [Show full text]
  • 13. Chartalism, Metallism, and Key Currencies
    13. Chartalism, Metallism, and Key Currencies In terms of our hierarchy of money and credit, we have so far been paying most attention to currency and everything below it, so our attention has been on two of the four prices of money, namely par and the interest rate. Today we begin a section of the course that looks into forms of money that lie above currency in the hierarchy, and hence at a third price of money, the rate of exchange. Metallism Under a gold standard, the extension of our analysis would be straightforward. Gold is the ultimate international money, an asset that is no one’s liability. Under a gold standard, each currency has its own mint par, and the exchange rate is determined by the ratio of mint pars. In this view of the world, the multiple national (state) systems relate to one another not directly (money to money) but only indirectly (credit to credit) through the international (private) system. Each national currency has an exchange rate with the international money and it is that pattern of exchange rates that sets up a pattern of exchange rates between national currencies. Dollar = x ounces of gold Pound = y ounces of gold Dollar = x/y Pounds [S(1/x)=(1/y)] Exchange Rate in a Metallic Standard World Gold X oz. Y oz. Dollar S=X/Y Pound Deposits Deposits Securities Securities From this point of view, the central bank is a banker’s bank, holding international reserves that keep the national payment system in more or less connection with the international system.
    [Show full text]
  • CHERRY Discussion Paper Series CHERRY DP 12/01
    CHERRY Discussion Paper Series CHERRY DP 12/01 The emergence of the Classical Gold Standard By Matthias Morys Programme DAMIN La Dépréciation de l'Argent Monétaire et les Relations Internationales Silver monetary depreciation and international relations TABLE-RONDE MONNAIES ET ÉCONOMIES AU 19e SIÈCLE (DE L'EUROPE À L'ASIE) MONEYS AND ECONOMIES DURING 19th CENTURY (FROM EUROPE TO ASIA). 13-14 janvier 2012 École Normale Supérieure, Paris, Amphithéâtre Rataud The emergence of the Classical Gold Standard Dr Matthias Morys University of York, Department of Economics [email protected] Abstract This paper asks why the Classical Gold Standard (1870s - 1914) emerged: Why did the vast majority of countries tie their currencies to gold in the late 19th century, while there was only one country – the UK – on gold in 1850? The literature distinguishes a number of theories to explain why gold won over bimetallism and silver. We will show the pitfalls of these theories (macroeconomic theory, ideological theory, political economy of choice between gold and silver) and show that neither the early English lead in following gold nor the German shift to gold in 1873 were as decisive as conventional accounts have it. Similarly, we argue that the silver supply shock materializing in the early 1870s was only the nail in the coffin of silver and bimetallic standards. Instead, we focus on the impact of the 1850s gold supply shock (due to the immense gold discoveries in California and Australia) on the European monetary system. Studying monetary commissions
    [Show full text]
  • 'The “Wizard of Oz” As a Monetary Allegory,' Journal Of
    Hugh Rockoff of Rutgers University, ‘The “Wizard of Oz” as a Monetary Allegory,’ Journal of Political Economy, Vol. 98, 1990, pp. 739-760. I. Introduction The Wizard of Oz is perhaps the best-loved American children's story. The movie, starring Judy Garland, Bert Lahr, Ray Bolger and company, is an annual television ritual. The book on which the movie is based, L. Frank Baum's The Wonderful Wizard of Oz, however, is not only a child's tale but also a sophisticated commentary on the political and economic debates of the Populist Era.1 Previous interpretations have focused on the political and social aspects of the allegory. The most important of these is Littlefield ([1966] 1968), although his interpretation was adumbrated by Nye (1951), Gardner and Nye (1957), Sackett (I960), and Bewley ([1964] 1970). My purpose is to unlock the references in the Wizard of Oz to the monetary debates of the 1890s. When the story is viewed in this light, the real reason the Cowardly Lion fell asleep in the field of poppies, the identity of the Wizard of Oz, the significance of the strange number of hallways and rooms in the Emerald Palace, and the reason the Wicked Witch of the West was so happy to get one of Dorothy's shoes become clear. Thus interpreted, the Wizard of Oz becomes a powerful pedagogic device. Few students of money and banking or economic history will forget the battle between the advocates of free silver and the defenders of the gold standard when it is explained through the Wizard of Oz.
    [Show full text]
  • The Production and Distribution of Cash
    A picture of the National Audit Office logo Report by the Comptroller and Auditor General HM Treasury, Bank of England, The Royal Mint, Financial Conduct Authority, Payment Systems Regulator The production and distribution of cash HC 730 SESSION 2019–2021 18 SEPTEMBER 2020 We are the UK’s independent public spending watchdog. We support Parliament in holding government to account and we help improve public services through our high-quality audits. The National Audit Office (NAO) scrutinises public spending for Parliament and is independent of government and the civil service. We help Parliament hold government to account and we use our insights to help people who manage and govern public bodies improve public services. The Comptroller and Auditor General (C&AG), Gareth Davies, is an Officer of the House of Commons and leads the NAO. We audit the financial accounts of departments and other public bodies. We also examine and report on the value for money of how public money has been spent. In 2019, the NAO’s work led to a positive financial impact through reduced costs, improved service delivery, or other benefits to citizens, of £1.1 billion. HM Treasury, Bank of England, The Royal Mint, Financial Conduct Authority, Payment Systems Regulator The production and distribution of cash Report by the Comptroller and Auditor General Ordered by the House of Commons to be printed on 16 September 2020 This report has been prepared under Section 6 of the National Audit Act 1983 for presentation to the House of Commons in accordance with Section 9 of the Act Gareth Davies Comptroller and Auditor General National Audit Office 11 September 2020 HC 730 | £10.00 This report examines the role played by the public bodies in operating and overseeing the cash system.
    [Show full text]
  • United States Mint Statement on Circulating Coins
    United States Mint Office of Corporate Communications Washington, D.C. 20220 _________________________________________________________________________________________________________________________________________ Immediate Release For more information: July 23, 2020 Office of Corporate Communications (202) 354-7222 [email protected] United States Mint Statement on Circulating Coins WASHINGTON – The impact of COVID-19 has resulted in the disruption of the supply channels of circulating coinage – the pennies, nickels, dimes, and quarters that the American people and businesses use in their day-to-day transactions. The United States Mint is part of the solution to this issue, but we need your help as well. In normal circumstances, retail transactions and coin recyclers return a significant amount of coins to circulation on a daily basis. However, precautions taken to slow the spread of the virus have resulted in reduced retail sales activity and significantly decreased deposits from third-party coin processors, resulting in increased orders for newly minted coins produced by the United States Mint (Mint). Third-party coin processors and retail activity account for the majority of coins put into circulation each year. For example, in 2019, the Mint contributed 17% of newly-minted circulating coins paid into the supply chain, with the remainder coming from third-party coin processors and retail activity. Simply put, there is an adequate amount of coins in the economy, but the slowed pace of circulation has meant that sufficient quantities of coins are sometimes not readily available where needed. You may be experiencing this in your local communities. We are asking for your help in improving this coin supply issue. You can do so by paying for things with exact change and by returning spare change to circulation.
    [Show full text]
  • Bitcoin.Bitmint
    Bitcoin.BitMint Reconciling Bitcoin with Central Banks Volatility - No; Anonymity - Yes. Optimal Balance between Privacy and Law Enforcement Gideon Samid BitMint, LLC * [email protected] The sweeping success of the original (2008) bitcoin protocol proves that digital currency has arrived. The mounting opposition from the financial establishment indicates an overshoot. We propose to tame bitcoin into bitcoin.BitMint: keeping the bitcoin excitement -- fitted into real world security, stability and fraud concerns. The basic idea is to excise the bitcoin money generation formula, and otherwise apply bitcoin essentially “as is” over digital coins which are redeemable by the mint that minted them. This will preserve the bitcoin assured anonymity. The new bitcoin.BitMint solution will benefit from bitcoin’s double-spending prevention, and would otherwise enjoy all the benefits associated with money in a digital form. bitcoin.BitMint will allow traders to invest in US$, gold, or any other commodity while practicing their trade in cyberspace, anonymously, securely, and non-speculatively. This “mint-in-the-middle” protocol will allow law enforcement authorities to execute a proper court order to enforce the disclosure of a suspected fraudster, but the community of honest traders will trade with robust privacy as offered by the original bitcoin protocol. We envision interlinked bitcoin.BitMint trading environments, integrated via an InterMint protocol: a framework for the evolution of a cascaded super currency – global and highly stable. 1 ® bitcoin.BitMint Introduction From an innovation point of view bitcoin novelties are: • A transactional system managed by the majority of the traders, resistant to any attempt by a minority to take over the nascent trade system.
    [Show full text]
  • Presidential $1 Coin Act of 2005
    PUBLIC LAW 109–145—DEC. 22, 2005 PRESIDENTIAL $1 COIN ACT OF 2005 VerDate 14-DEC-2004 07:55 Jan 04, 2006 Jkt 049139 PO 00145 Frm 00001 Fmt 6579 Sfmt 6579 E:\PUBLAW\PUBL145.109 APPS10 PsN: PUBL145 119 STAT. 2664 PUBLIC LAW 109–145—DEC. 22, 2005 Public Law 109–145 109th Congress An Act To require the Secretary of the Treasury to mint coins in commemoration of each Dec. 22, 2005 of the Nation’s past Presidents and their spouses, respectively, to improve circula- [S. 1047] tion of the $1 coin, to create a new bullion coin, and for other purposes. Be it enacted by the Senate and House of Representatives of Presidential $1 the United States of America in Congress assembled, Coin Act of 2005. 31 USC 5101 SECTION 1. SHORT TITLE. note. This Act may be cited as the ‘‘Presidential $1 Coin Act of 2005’’. TITLE I—PRESIDENTIAL $1 COINS 31 USC 5112 SEC. 101. FINDINGS. note. Congress finds the following: (1) There are sectors of the United States economy, including public transportation, parking meters, vending machines, and low-dollar value transactions, in which the use of a $1 coin is both useful and desirable for keeping costs and prices down. (2) For a variety of reasons, the new $1 coin introduced in 2000 has not been widely sought-after by the public, leading to higher costs for merchants and thus higher prices for con- sumers. (3) The success of the 50 States Commemorative Coin Program (31 U.S.C. 5112(l)) for circulating quarter dollars shows that a design on a United States circulating coin that is regularly changed in a manner similar to the systematic change in designs in such Program radically increases demand for the coin, rapidly pulling it through the economy.
    [Show full text]