h a l f b a k e r y"This may be bollocks, but it's lovely bollocks."
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Every time a new coin is minted, make a dozen or so of them with a noticeable mistake. (Queen Elizabeth without her crown, for example)
Let the public know that these coins exist. (Create a "buzz")
All of a sudden, the coins show up in the hands of individuals who just happen to be looking for
funds to start a socially relevant project in an economically depressed neighborhood.
Coincidence? No. Valuable Coin-cidence.
Sell coin on Ebay.
Repeat.
bn,,, Would work better for stamps, but
Valuable Stamp-cidence doesn't have the same panache.
six million dollar coin
http://www.forbes.c.../04/10/0410pow.html
[r_kreher, Aug 31 2008]
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Annotation:
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Profit from the production of false relics? I believe the collectors are likely to be the first to get wise to the scheme. They are very cunning about this sort of thing. More of a criminal idea then something the government should dabble in. Still the mints would be able to produce the most convincing forgeries. |
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those darned coin collectors!!! |
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We agree, though, that it would take a government mint with a certain flamboyance and courage... The very definition of "panache". |
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Oh yes + Bun for *criminal ideas*!! |
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How much does a 'socially relevant project' cost, and how much do you expect to sell these coins for? |
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If you're not careful, organising alternate mintings may be more costly than funding these projects directly. |
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I figure a mint Crownless should sell for, oh I don't know, about 10,000,000 Euros. That ought to open up a nice water recycling plant or something. Maybe a plant where they make solar panels. |
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Would cost a mint to produce. |
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Think 1933 Double Eagle. Ten just accidentally "disappeared." Yeah right. <link> |
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