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Official Unanswerable Numismatic Question Thread

CaptHenwayCaptHenway Posts: 32,225 ✭✭✭✭✭

Legitimate Numismatic questions that nobody can answer (including me).

Here’s one that I have been struggling with for years. When the Mint opened Branch Mints in 1838, it shipped new dies to them in an unhardened, or “un-tempered” state so that if the dies went astray in transit they would be of limited use to a counterfeiter. Each Mint would harden and basin each die for use.

The question is, when did Philadelphia stop shipping unhardened dies and start shipping hardened dies? The latest unhardened dies I can document are in the late 1870’s, but the change could have been decades after that.

Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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Comments

  • OAKSTAROAKSTAR Posts: 7,410 ✭✭✭✭✭

    @CaptHenway said:
    Legitimate Numismatic questions that nobody can answer (including me).

    Here’s one that I have been struggling with for years. When the Mint opened Branch Mints in 1838, it shipped new dies to them in an unhardened, or “un-tempered” state so that if the dies went astray in transit they would be of limited use to a counterfeiter. Each Mint would harden and basin each die for use.

    The question is, when did Philadelphia stop shipping unhardened dies and start shipping hardened dies? The latest unhardened dies I can document are in the late 1870’s, but the change could have been decades after that.

    Is there a mint archives somewhere? I don't know, I'm just asking. Who would be the numismatic/mint historian
    go-to guy in today's world?

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • FlyingAlFlyingAl Posts: 3,302 ✭✭✭✭✭

    @lermish said:
    Why was the trade dollar wide cc reverse die kept and re-used sporadically for four years?

    Dies are expensive.

    Coin Photographer.

  • RexfordRexford Posts: 1,221 ✭✭✭✭✭

    Were any of the large berry proof half cents of 1840-49 (and 52) struck in the year shown on the coin, or are they all restrikes?

    How many of the pre-1836 US coins that are currently graded as proofs or specimens are just business strikes? (Most of them, I suspect)

  • BLUEJAYWAYBLUEJAYWAY Posts: 9,308 ✭✭✭✭✭

    Asked this many years ago in all seriousness. Never even got an amusing response. "Why is the E in "WE" in "In God We Trust" on the Lincoln cent lower?

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • MsMorrisineMsMorrisine Posts: 33,232 ✭✭✭✭✭

    @OAKSTAR said:

    @CaptHenway said:
    Legitimate Numismatic questions that nobody can answer (including me).

    Here’s one that I have been struggling with for years. When the Mint opened Branch Mints in 1838, it shipped new dies to them in an unhardened, or “un-tempered” state so that if the dies went astray in transit they would be of limited use to a counterfeiter. Each Mint would harden and basin each die for use.

    The question is, when did Philadelphia stop shipping unhardened dies and start shipping hardened dies? The latest unhardened dies I can document are in the late 1870’s, but the change could have been decades after that.

    Is there a mint archives somewhere? I don't know, I'm just asking. Who would be the numismatic/mint historian
    go-to guy in today's world?

    paper archives are in the national archives - numismatic items are kept somewhere and there is a mint employee curator for them

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,232 ✭✭✭✭✭

    how much money has been lost due to coins falling into mint presses?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,232 ✭✭✭✭✭

    who approved the spaghetti hair?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • lermishlermish Posts: 3,021 ✭✭✭✭✭

    @FlyingAl said:

    @lermish said:
    Why was the trade dollar wide cc reverse die kept and re-used sporadically for four years?

    Dies are expensive.

    But then a lot more of them would have been kept for multi year periods. There were some (not many) that were used in two different years in a limited fashion. None were used for three years. This one was used for (presumably based on survival) very few strikes across four years. And it has a very distinctive mint mark.

    I have to think there was more to it than thriftiness.

  • PerryHallPerryHall Posts: 46,227 ✭✭✭✭✭

    @CaptHenway said:
    Legitimate Numismatic questions that nobody can answer (including me).

    Here’s one that I have been struggling with for years. When the Mint opened Branch Mints in 1838, it shipped new dies to them in an unhardened, or “un-tempered” state so that if the dies went astray in transit they would be of limited use to a counterfeiter. Each Mint would harden and basin each die for use.

    The question is, when did Philadelphia stop shipping unhardened dies and start shipping hardened dies? The latest unhardened dies I can document are in the late 1870’s, but the change could have been decades after that.

    The mint would not ship both the obverse die and the reverse die in the same package to thwart anyone who stole the package in transit.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • Namvet69Namvet69 Posts: 9,008 ✭✭✭✭✭

    George Carlin is smiling down on us.

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • jmlanzafjmlanzaf Posts: 34,548 ✭✭✭✭✭

    @lermish said:
    Why was the trade dollar wide cc reverse die kept and re-used sporadically for four years?

    Dies are expensive. They used them until they couldn't. Part of the reason for many of the overdates.

  • logger7logger7 Posts: 8,560 ✭✭✭✭✭

    What happened to the other 1849 Double Eagle, besides the Smithsonian example?

    Possibly a similar fate to a former club member's collection; he had a stroke last year and the heirs had the painters throw everything out including books of coins in the condo to facilitate a quick real estate deal.

  • CaptHenwayCaptHenway Posts: 32,225 ✭✭✭✭✭

    @PerryHall said:

    @CaptHenway said:
    Legitimate Numismatic questions that nobody can answer (including me).

    Here’s one that I have been struggling with for years. When the Mint opened Branch Mints in 1838, it shipped new dies to them in an unhardened, or “un-tempered” state so that if the dies went astray in transit they would be of limited use to a counterfeiter. Each Mint would harden and basin each die for use.

    The question is, when did Philadelphia stop shipping unhardened dies and start shipping hardened dies? The latest unhardened dies I can document are in the late 1870’s, but the change could have been decades after that.

    The mint would not ship both the obverse die and the reverse die in the same package to thwart anyone who stole the package in transit.

    That would be a good idea, but can you document it?

    Also, FWIW, if there was such a plan there would have to be exceptions to it now and then, such as when Philadelphia sent five pairs of the first revision 1922 Peace Dollar dies to Denver on January 6, 1922 so they could immediately begin production, but by the time they got there Philadelphia had already determined that the first revision did not strike up well enough either, and the dies were returned to Philadelphia and destroyed.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • The_Dinosaur_ManThe_Dinosaur_Man Posts: 964 ✭✭✭✭✭

    If intelligent alien civilizations exist, do they have and collect coins too?

    Custom album maker and numismatic photographer.
    Need a personalized album made? Design it on the website below and I'll build it for you.
    https://www.donahuenumismatics.com/.

  • CaptHenwayCaptHenway Posts: 32,225 ✭✭✭✭✭

    BTW, I am quite serious about wanting to know when the Philadelphia Mint STOPPED shipping unhardened dies to the branch mints and STARTED sending pre-hardened dies. The information does not appear to be available anywhere.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • PerryHallPerryHall Posts: 46,227 ✭✭✭✭✭

    @CaptHenway said:

    @PerryHall said:

    @CaptHenway said:
    Legitimate Numismatic questions that nobody can answer (including me).

    Here’s one that I have been struggling with for years. When the Mint opened Branch Mints in 1838, it shipped new dies to them in an unhardened, or “un-tempered” state so that if the dies went astray in transit they would be of limited use to a counterfeiter. Each Mint would harden and basin each die for use.

    The question is, when did Philadelphia stop shipping unhardened dies and start shipping hardened dies? The latest unhardened dies I can document are in the late 1870’s, but the change could have been decades after that.

    The mint would not ship both the obverse die and the reverse die in the same package to thwart anyone who stole the package in transit.

    That would be a good idea, but can you document it?

    No. I read it is some coin publication many years ago. It made a lot of sense so I didn't really question it.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • lermishlermish Posts: 3,021 ✭✭✭✭✭

    @jmlanzaf said:

    @lermish said:
    Why was the trade dollar wide cc reverse die kept and re-used sporadically for four years?

    Dies are expensive. They used them until they couldn't. Part of the reason for many of the overdates.

    See my note to FlyingAl above.

  • DocBenjaminDocBenjamin Posts: 1,488 ✭✭✭✭✭
    edited October 25, 2024 6:05AM

    @CaptHenway said:
    BTW, I am quite serious about wanting to know when the Philadelphia Mint STOPPED shipping unhardened dies to the branch mints and STARTED sending pre-hardened dies. The information does not appear to be available anywhere.

    Could Carson City provide the answer?

    ""The intent was to have all die work except repair done at Philadelphia - this would ensure all dies were identical and passed Engraving Dept. examination. But San Francisco had different presses than Philadelphia and their dies were sent unhardened. Also Carson Mint received both hardened and soft dies depending on denomination and available equipment. For example, until Carson received a new Ajax large press, dollar dies were shipped soft. Once the Ajax press was in operation, the dies were hardened and tempered at Philadelphia"".

    https://boards.ngccoin.com/topic/422835-from-mine-to-mint/?do=findComment&comment=9747526

  • Walkerguy21DWalkerguy21D Posts: 11,466 ✭✭✭✭✭

    I’ve always wondered why the 1928S walker is so much scarcer in AU and MS than the 29D and S walkers, despite a higher mintage?

    The stock market crash didn’t occur until late October, and the bank panics until the following year. I’d assume most of the coins were minted and in commerce channels by then, but perhaps not, and were held back. When they were released later during better economic times, people could afford to save a few.

    But the opposite looks true for the standing quarters. The 28 D and S quarters have considerably higher pops than the 29 D and S coins.

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • Baylor8670Baylor8670 Posts: 91 ✭✭✭

    Is this Gobrecht an original or restrike?

  • cladkingcladking Posts: 28,668 ✭✭✭✭✭

    @OAKSTAR said:
    I'm a simple man. I have a question: I would just like to know EXACTLY who (an engravers name would be nice) modified or altered these die. EXACTLY where these dies were modified. EXACTLY when these dies were modified. And EXACTLY why these dies were modified.

    I'm not interested in speculation.

    Basically, what's the big secret? Is it a national security risk? A privacy act issue? A threat to national security? Exactly what is the big deal about this? Why is it so difficult to get the facts? There's no documentation, logs or records kept at the mint for something like this?

    There are many unanswered question with these types of issues on coins.

    2004-D Wisconsin extra leaf.

    What was the guy thinking when he first began the process of making these new coins?

    Who at the mint and what were they thinking when the 1964 SMS's were put together?

    I've long believed that we all are always motivated solely by our beliefs but what is is and then it no longer much matters who believed what. We can make inferences, deductions, and inductions about human causations but we rarely really know for certain.

    Numismatics means "[study of] what has been sanctioned by custom or use,". What were the Greeks thinking? Why aren't clad coins "numismatic"?

    The world is awash in imponderables.

    Tempus fugit.
  • OAKSTAROAKSTAR Posts: 7,410 ✭✭✭✭✭

    @CaptHenway said:
    BTW, I am quite serious about wanting to know when the Philadelphia Mint STOPPED shipping unhardened dies to the branch mints and STARTED sending pre-hardened dies. The information does not appear to be available anywhere.

    From what I recall, there's a guy across the street, Roger something (I forget his last name), that gets down into the weeds on this stuff.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • air4mdcair4mdc Posts: 915 ✭✭✭✭✭

    @OAKSTAR said:
    I'm a simple man. I have a question: I would just like to know EXACTLY who (an engravers name would be nice) modified or altered these die. EXACTLY where these dies were modified. EXACTLY when these dies were modified. And EXACTLY why these dies were modified.

    I'm not interested in speculation.

    Basically, what's the big secret? Is it a national security risk? A privacy act issue? A threat to national security? Exactly what is the big deal about this? Why is it so difficult to get the facts? There's no documentation, logs or records kept at the mint for something like this?

    There are many unanswered question with these types of issues on coins.

    2004-D Wisconsin extra leaf.

    I'm willing to wager the Secret Service would like to know the answer to those questions as well.

  • bramn8rbramn8r Posts: 850 ✭✭✭✭✭

    Explain any weird error getting out of the mint. Anonymous mint workers somehow get the oddball errors to a coin collector that gets the coin graded without any explanation where it came from or how they obtained the coin

  • OAKSTAROAKSTAR Posts: 7,410 ✭✭✭✭✭

    @cladking said:

    @OAKSTAR said:
    I'm a simple man. I have a question: I would just like to know EXACTLY who (an engravers name would be nice) modified or altered these die. EXACTLY where these dies were modified. EXACTLY when these dies were modified. And EXACTLY why these dies were modified.

    I'm not interested in speculation.

    Basically, what's the big secret? Is it a national security risk? A privacy act issue? A threat to national security? Exactly what is the big deal about this? Why is it so difficult to get the facts? There's no documentation, logs or records kept at the mint for something like this?

    There are many unanswered question with these types of issues on coins.

    2004-D Wisconsin extra leaf.

    What was the guy thinking when he first began the process of making these new coins?

    Who at the mint and what were they thinking when the 1964 SMS's were put together?

    I've long believed that we all are always motivated solely by our beliefs but what is is and then it no longer much matters who believed what. We can make inferences, deductions, and inductions about human causations but we rarely really know for certain.

    Numismatics means "[study of] what has been sanctioned by custom or use,". What were the Greeks thinking? Why aren't clad coins "numismatic"?

    The world is awash in imponderables.

    That's all very interesting and true but it still doesn't answer the question.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • cladkingcladking Posts: 28,668 ✭✭✭✭✭

    @OAKSTAR said:

    That's all very interesting and true but it still doesn't answer the question.

    Lol.

    Yup, And that's how it works. :)

    Tempus fugit.
  • privatecoinprivatecoin Posts: 3,424 ✭✭✭✭✭

    Why do so many like and support the government making our money worth less?

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • OAKSTAROAKSTAR Posts: 7,410 ✭✭✭✭✭

    @air4mdc said:

    @OAKSTAR said:
    I'm a simple man. I have a question: I would just like to know EXACTLY who (an engravers name would be nice) modified or altered these die. EXACTLY where these dies were modified. EXACTLY when these dies were modified. And EXACTLY why these dies were modified.

    I'm willing to wager the Secret Service would like to know the answer to those questions as well.

    I'd rather see them protecting the President of the United States, rather them running down BS $20 counterfeit bill and bad checks!

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • OAKSTAROAKSTAR Posts: 7,410 ✭✭✭✭✭

    @cladking said:

    @OAKSTAR said:

    That's all very interesting and true but it still doesn't answer the question.

    Lol.

    Yup, And that's how it works. :)

    Maybe submitting an official FOIA request would work.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • cladkingcladking Posts: 28,668 ✭✭✭✭✭

    @OAKSTAR said:

    That's all very interesting and true but it still doesn't answer the question.

    There were probably at least two individuals who knew but might not even be aware of all the reasons they did it and at least one who figured most of it out in an investigation but there's no paper trail. Perhaps one day someone will talk.

    It could have begun inadvertently and then been helped. There are a lot of possibilities. It's a shame more details from the investigation weren't released. Odds are good that some "innocent" party was being protected. Several of the things that occurred most likely broke mint rules or policy.

    Tempus fugit.
  • cladkingcladking Posts: 28,668 ✭✭✭✭✭

    @OAKSTAR said:

    @cladking said:

    @OAKSTAR said:

    That's all very interesting and true but it still doesn't answer the question.

    Lol.

    Yup, And that's how it works. :)

    Maybe submitting an official FOIA request would work.

    Possibly but I wager they left no paper trail. It seems far more likely they left details off the report than only published part of it.

    Tempus fugit.
  • OAKSTAROAKSTAR Posts: 7,410 ✭✭✭✭✭

    @cladking said:

    @OAKSTAR said:

    @cladking said:

    @OAKSTAR said:

    That's all very interesting and true but it still doesn't answer the question.

    Lol.

    Yup, And that's how it works. :)

    Maybe submitting an official FOIA request would work.

    Possibly but I wager they left no paper trail. It seems far more likely they left details off the report than only published part of it.

    Are there no gov't policies, directives or regulations to document and account for this stuff? Or maybe they were all just midnight requisitions!

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • lermishlermish Posts: 3,021 ✭✭✭✭✭

    @OAKSTAR said:

    @air4mdc said:

    @OAKSTAR said:
    I'm a simple man. I have a question: I would just like to know EXACTLY who (an engravers name would be nice) modified or altered these die. EXACTLY where these dies were modified. EXACTLY when these dies were modified. And EXACTLY why these dies were modified.

    I'm willing to wager the Secret Service would like to know the answer to those questions as well.

    I'd rather see them protecting the President of the United States, rather them running down BS $20 counterfeit bill and bad checks!

    They have ~3200 agents and have always been in charge of policing counterfeits. That's why it was created. The vast majority of the Secret Service's work has to do with financial crimes.

  • CRHer700CRHer700 Posts: 2,004 ✭✭✭✭✭

    @OAKSTAR said:

    @cladking said:

    @OAKSTAR said:

    That's all very interesting and true but it still doesn't answer the question.

    Lol.

    Yup, And that's how it works. :)

    Maybe submitting an official FOIA request would work.

    Here's a question: Why are you not allowed to see the training video for government officials on FOIA.

    God bless all who believe in him. Do unto others what you expect to be done to you. Dubbed a "Committee Secret Agent" by @mr1931S on 7/23/24. Founding member of CU Anti-Troll League since 9/24/24.

  • OAKSTAROAKSTAR Posts: 7,410 ✭✭✭✭✭

    @lermish said:

    @OAKSTAR said:

    @air4mdc said:

    @OAKSTAR said:
    I'm a simple man. I have a question: I would just like to know EXACTLY who (an engravers name would be nice) modified or altered these die. EXACTLY where these dies were modified. EXACTLY when these dies were modified. And EXACTLY why these dies were modified.

    I'm willing to wager the Secret Service would like to know the answer to those questions as well.

    I'd rather see them protecting the President of the United States, rather them running down BS $20 counterfeit bill and bad checks!

    They have ~3200 agents and have always been in charge of policing counterfeits. That's why it was created. The vast majority of the Secret Service's work has to do with financial crimes.

    You are exactly right. And do you know why the vast majority of SS agents are working financial crimes?... Because they all get cushy security jobs on Wall Street and major financial institutions throughout the country after they retire!... Any questions?

    They should be using that vast majority to protect the President!....Any President! Do you know the Secret Service slogan?......Yesterday's Technology Tomorrow!

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • SanctionIISanctionII Posts: 12,168 ✭✭✭✭✭

    What is the dividing line [described objectively so that it can be applied by anyone to any proof coin to come up with the correct designation 100% of the time] between a brilliant proof and a Cameo proof?

  • lermishlermish Posts: 3,021 ✭✭✭✭✭

    @OAKSTAR said:

    @lermish said:

    @OAKSTAR said:

    @air4mdc said:

    @OAKSTAR said:
    I'm a simple man. I have a question: I would just like to know EXACTLY who (an engravers name would be nice) modified or altered these die. EXACTLY where these dies were modified. EXACTLY when these dies were modified. And EXACTLY why these dies were modified.

    I'm willing to wager the Secret Service would like to know the answer to those questions as well.

    I'd rather see them protecting the President of the United States, rather them running down BS $20 counterfeit bill and bad checks!

    They have ~3200 agents and have always been in charge of policing counterfeits. That's why it was created. The vast majority of the Secret Service's work has to do with financial crimes.

    You are exactly right. And do you know why the vast majority of SS agents are working financial crimes?... Because they all get cushy security jobs on Wall Street and major financial institutions throughout the country after they retire!... Any questions?

    They should be using that vast majority to protect the President!....Any President! Do you know the Secret Service slogan?......Yesterday's Technology Tomorrow!

    Former regulators (SEC people, Federal Reserve Governors, etc) will often do exactly that. I can't speak definitively but I highly doubt Secret Service agents are getting cushy Wall Street jobs en masse. They're basically mid-level cops. They have essentially zero value to banks or investment firms. No connections and no skills that are valuable enough to warrant anything more than an administrative position.

  • OAKSTAROAKSTAR Posts: 7,410 ✭✭✭✭✭

    @lermish said:

    @OAKSTAR said:

    @lermish said:

    @OAKSTAR said:

    @air4mdc said:

    @OAKSTAR said:
    I'm a simple man. I have a question: I would just like to know EXACTLY who (an engravers name would be nice) modified or altered these die. EXACTLY where these dies were modified. EXACTLY when these dies were modified. And EXACTLY why these dies were modified.

    I'm willing to wager the Secret Service would like to know the answer to those questions as well.

    I'd rather see them protecting the President of the United States, rather them running down BS $20 counterfeit bill and bad checks!

    They have ~3200 agents and have always been in charge of policing counterfeits. That's why it was created. The vast majority of the Secret Service's work has to do with financial crimes.

    You are exactly right. And do you know why the vast majority of SS agents are working financial crimes?... Because they all get cushy security jobs on Wall Street and major financial institutions throughout the country after they retire!... Any questions?

    They should be using that vast majority to protect the President!....Any President! Do you know the Secret Service slogan?......Yesterday's Technology Tomorrow!

    Former regulators (SEC people, Federal Reserve Governors, etc) will often do exactly that. I can't speak definitively but I highly doubt Secret Service agents are getting cushy Wall Street jobs en masse. They're basically mid-level cops. They have essentially zero value to banks or investment firms. No connections and no skills that are valuable enough to warrant anything more than an administrative position.

    Again, you are exactly correct. It's not the line agents GS-12's and 13's. It's the upper management, GS-15's and SES's that are keeping the fraud division open for business and emphasizing that it's mission critical......it's not. Any law enforcement agency could do that function! They are protecting their wallets and after retirement financial interests...you can take that to the bank.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

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