Time To Tame The U.S. Mint

This is absolutely sickening. It is definitaley time to question why the U.S. Mint exists, and what is it's law making authority? Since when does the U.S. Mint declare law upon the citizens of the United States of America?

Are you now a criminal for melting down or shipping pennies and nickels out of the U.S.? Who's money is it anyway?


By David Bond, Editor

The Silver Valley Mining Journal


Time To Tame The U.S. Mint

Wallace, Idaho – It's really quite past time to tame the United States Mint. First the SOBs went for Bernard Von Nothaus's jugular by unilaterally declaring the silver Liberty dollars illegal for tender. And now, they propose to tell us exactly what we can and cannot do with our pennies and nickels.
Here is what the Mint said in its 14th December press release:
“Washington, D.C. -- The United States Mint has implemented regulations to limit the exportation, melting, or treatment of one-cent (penny) and 5-cent (nickel) United States coins, to safeguard against a potential shortage of these coins in circulation. The United States Mint is soliciting public comment on the interim rule, which is being published in the Federal Register.
“Prevailing prices of copper, nickel and zinc have caused the production costs of pennies and nickels to significantly exceed their respective face values. The United States Mint also has received a steady flow of inquiries from the public over the past several months concerning the metal value of these coins and whether it is legal to melt them.(Read the rest of the story here)

Are you ready to feel sick? Then read this.....

When I read this, it makes me feel sick. You should feel it too. Unless of course, you like the Treasury department telling you what you can and can't do with YOUR money!! Who do these people think they are anyway?


December 14, 2006


United States Mint Moves to Limit Exportation & Melting of Coins

Interim Rule Goes Into Effect Immediately

WASHINGTON — The United States Mint has implemented regulations to limit the exportation, melting, or treatment of one-cent (penny) and 5-cent (nickel) United States coins, to safeguard against a potential shortage of these coins in circulation. The United States Mint is soliciting public comment on the interim rule, which is being published in the Federal Register.

Prevailing prices of copper, nickel and zinc have caused the production costs of pennies and nickels to significantly exceed their respective face values. The United States Mint also has received a steady flow of inquiries from the public over the past several months concerning the metal value of these coins and whether it is legal to melt them.

"We are taking this action because the Nation needs its coinage for commerce," said Director Ed Moy. "We don't want to see our pennies and nickels melted down so a few individuals can take advantage of the American taxpayer. Replacing these coins would be an enormous cost to taxpayers." (Read the rest of the story here)