MONEY: $1 Billion Worth of Unused Coins

http://moneyland.time.com/2011/06/29/inside-the-fed’s-vault-1-billion-worth-of-unused-coins/

THE ECONOMY
Inside the Fed’s Vault: $1 Billion Worth of Unused Coins
By JOSH SANBURN | @joshsanburn | June 29, 2011 | 50 COMMENTS

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In the basement of a Baltimore vault the size of a soccer field, 1 billion dollar coins are just sitting there. Thanks, Congress.

NPR’s Planet Money reporters recently investigated the $1 presidential coin program, which was a Congressional effort to get more $1 coins into circulation while also trying to be educational.

The problem is that nobody really wants them.

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Only the Gooferment can lose money making money!

Argh!!!

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