Beowulf: Monetary Realism


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Submitted by lambert on Sun, 01/06/2013 - 2:00am

Incident topic:

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proof platinum coin seigniorage

Incident time:

Monday, March 19, 2012

Incident address:

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United States

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"VJK argued that because platinum coins are defined as numismatic coins and not circulating coins (such as nickels, dimes, etc.) that means they can only be purchased by collectors (at metal price plus markup) and not the Fed (at face value). This isn’t quite accurate" (original).

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