Larry, First of all, I don't know of any private citizens who turns in U.S. money to the U.S. Treasury. That would be like turning chips into the Paulson or CHIPCO distribution department. People turn in money to banks .... collectors turn in chips to casino cages.

"When the US Treasury puts $20 gold pieces in circulation at $20 face, they're not obsolete any more." We agree on that Larry.... but that ain't about to happen in our lifetime, is it? Nor is it likely that Paulson or CHIPCO are going to release additional previously issued LE's into circulation.

With respect to your 1965 quarter example ... "and if it shows up in the bank it'll go in the drawer to use as change like any other quarter, cause it AIN'T OBSOLETE!!!" Right again Larry, it "ain't obsolete" because there are millions of them still in circulation and in bank's change drawers all over the country. We agree again.... I never said that 1965 Washington quarters were obsolete. You brought it up. So what's your point?

"Obsolete has nothing to do with current inventory. It has to do with intent." Aha! Perhaps now were getting to the meat of the discussion at hand. If the casino had thousands of previously issued LE's still in inventory that they can't get rid of ... they wouldn't be "intent" on issuing a new LE to replace their amply stocked inventory of old ones.

I would never be so bold to suggest that you were "wrong", Larry. It's all rather simple if one gives it some serious thought. It simply boils down to you believing what you believe and I believe what I believe. Doesn't make you a bad guy ... and it surely doesn't make me necessarily "wrong".