Coin collecting a crime?

[West Jersey Detecting]

The new US Mint rules also ban the exportation of coins, beyond traveling with $5 worth and shipping up to $100 for legitimate purposes.

I think this can be open for interpretation!

 

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[TheDetectorist]

No, the us gov't makes too much money off us collectors. You think they would still be making all these state quarters and jefferson series nickles if there weren't thousands and thousands of other like me that are dumb enough order them direct from the mint (at higher than face value)?

TD

 

[hollowpointred]

No, the us gov't makes too much money off us collectors. You think they would still be making all these state quarters and jefferson series nickles if there weren't thousands and thousands of other like me that are dumb enough order them direct from the mint (at higher than face value)?

TD

yup.uncle sam wont outlaw the lining of his own pockets! its the american way.

 

[jeff of pa]

The Problem, If you pay one cent and make 2 cents off it.
your making a profit.

If they sell that one cent to you for $20.00 their happy.

this way they can slowly Sneak all the copper out of Circulation first.
then repeal the law, or just melt it in private.
You can't arrest the Government.

 

[Peg Leg]

I wonder if Canada spends as much on their Pennies as the U.S. does. They were made of the same metals not to long ago.
Peg leg

 

[Blind.In.Texas]

The Problem, If you pay one cent and make 2 cents off it.
your making a profit.

If they sell that one cent to you for $20.00 their happy.

this way they can slowly Sneak all the copper out of Circulation first.
then repeal the law, or just melt it in private.
You can't arrest the Government.

No, but, you can sue it....sounds like a pre-profiteering strategy to me.

prof·it·eer (prf-tîr)
n.
One who makes excessive profits on goods in short supply.
intr.v. prof·it·eered, prof·it·eer·ing, prof·it·eers
To make excessive profits on goods in short supply.