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Is the US Mint bad for the hobby?

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  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭
    edited September 30, 2018 9:43PM

    @Type2 said:
    No we need the mint they just need to think about making some coins that have style that every one will want to keep. Can you imagine if they made a standing liberty Quarter for circulation and every one can start collecting quarters again from circulation.

    That is just one thing they can do but they just don't think about it they can do Seated looking Dime's, Barber looking Dimes and Quarters just something like a hybrid of all the coinage made in the back years. But put it in Circulation it will get others involved in the hobby. They can make $$$ in the sales of roll's and silver and gold coins they put out of the same type.

    But the mint taking $$$ from dealers not really it's what the dealer buy's that will keep him or her in the business. I always say this buy right and you will always make $$$ but don't blame any one for your loss but your safe.

    The Mint isn't allowed to change circulation coinage, only Congress can do that.

    If you aren't writing your Congressmen and Congresswomen, it needs to happen. Here's a bill from 2013 that didn't get passed. Perhaps we need a letter writing campaign across coin clubs and the Boy Scouts?

    https://forums.collectors.com/discussion/971838/does-lady-liberty-have-a-better-chance-now/p1#latest

  • batumibatumi Posts: 815 ✭✭✭✭

    Along with many other things, the politically correct design mandates have really hurt. People just don't want them. The talent is there, just need to release it from the politically correct fetters.

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    @Zoins said:

    @Mission16 said:
    When you think about it, the mint really doesn't get much say in WHAT gets minted for the collector market. It's all legislated by special interests.

    My impression was the off metal denomination pieces didn’t require approval like gold half dollar, gold dime, 5 oz silver quarter, etc.

    The 5ozt pucks were legislated. The Mint has no authority to issue silver coins by themselves. It requires an act of congress.

  • HydrantHydrant Posts: 7,773 ✭✭✭✭✭
    edited October 1, 2018 8:33AM

    @batumi said:
    Along with many other things, the politically correct design mandates have really hurt. People just don't want them. The talent is there, just need to release it from the politically correct fetters.

    I agree with you but it will never happen. The "politically correct fetters" are here to stay. The irony of it all is that instead of actually freeing up the coin designs to encompass a more wide array of imaginative subjects, the end result is the opposite. The coin designers are now in a box which only allows them to conceptualize coin designs that fit into a very narrow and politically correct conception of diversity.

  • ZoinsZoins Posts: 34,113 ✭✭✭✭✭
    edited October 1, 2018 8:34AM

    @Hydrant said:

    @batumi said:
    Along with many other things, the politically correct design mandates have really hurt. People just don't want them. The talent is there, just need to release it from the politically correct fetters.

    I agree with you but it will never happen. The "politically correct fetters" are here to stay. The irony of it all is that instead of actually freeing up the coin designs to encompass a more wide array of imaginative subjects, the end result is the opposite. The coin designers are now in a box which only allows them to conceptualize coin designs that fit into very narrow and politically correct conception of diversity.

    The funny thing is that for all the talk over the years, I’ve heard of Congressmen pushing this legislation but no one here supporting it yet.

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