Depends on Your Point of View
September 27, 2010
Comedian Stephen Colbert testified before Congress on Friday. My first reaction was to ask myself what world public opinion would think of the United States when they heard about a serious matter being addressed by an entertainer who was testifying as his television character would.
But I got over that when I watched the five minutes of his remarks on immigration.
At that point I was a convert. I decided that it would be a good idea for Colbert to testify on all numismatic matters. He might make sense of things.
Wouldn’t you like to know what he thinks about the new three-inch diameter, five troy ounce silver coin that the Mint is just starting to make as part of the America the Beautiful program?
It has a face value of 25 cents, just like the clad coins that circulate or the 90 percent silver coins in silver proof sets.
Perhaps this will make sense after he is finished explaining it.
Colbert’s opinion about the Mint’s efforts to persuade Americans to use Presidential and Native American dollars in their daily transactions would also be most edifying. He might even be able to gently educate anyone who might think the coins are actually made of gold.
Or perhaps he will convince the rest of Americans that the coins really are gold and that they should be hoarded.
That would take care of the excess supply at the Federal Reserve.
Then there is the matter of what cents and nickels should be made of. The Mint has been losing money on them for the last four years. That’s no joke, but perhaps I have just been looking at it wrong all this time.
I am willing to be educated.
How about you?
Something to add? Notice an error? Comment on this blog.
About the Author