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FIRM MARKETS FANTASY TRILLION DOLLAR COIN
On a related note, another marketing has created a fantasy version of the recently proposed "Trillion dollar coin". You saw this one coming, right?
-Editor
American Mint has created a copper coin layered with platinum to represent what the $1-trillion piece would look like if the US Congress were to approve it. The front of the coin features an American bald eagle with a symbol of "Liberty" on the reverse. The model retails on its website for $9.95. Financial bloggers in the US floated the notion of a trillion dollar coin to address the nation's debt problems. A technicality in US law says its Treasury has special discretion to create platinum coins of any denomination. The US Secretary of the Treasury could then deposit the coin in its bank account via the Federal Reserve. Afterwards, it could sell bonds to raise money to pay down the debt. To read the complete article, see: Retailer sells model US trillion-dollar coin (www.mining.com/retailer-sells-model-us-trillion-dollar-70788/) THE BOOK BAZARREWayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum All Rights Reserved. NBS Home Page Contact the NBS webmaster 
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