The State of U.S. Coins and Currency

Here is all of the testimony from the recent House Subcommittee on Domestic Monetary Policy and Technology:

http://financialservices.house.gov/hearings/hearingDetails.aspx?New...

Statements discuss:

possible 2010 Proof Silver Eagle

gold and silver bullion coin production

U.S. coin design

U.S. coin composition

recommended American Palladium Eagle

and more...

I'll be working on covering much of this on Coin Update and Mint News Blog, but the original statements make for some interesting reading.

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Permalink Reply by True Money on July 23, 2010 at 3:20am

Everyone on this site needs to watch the video of this hearing. Just be warned, it is a little more than 2 hours and 13 minutes. Mint Director Edmond Moy clearly explains why the collectors versions of the bullion coins have not been minted and the restrictions on their production. However, the mint should work with the government to create the jobs needed for the production of the precious metals planchets here within the United States, eliminating wasteful spending outside of the country.

Thank you for posting this!

-True Money!