What do YOU think about the mint(s), and new products?????/
lonelyp
Posts: 1,634
If there is anything they say on "Coin Vault", I truly believe. It's that the 50 State Quarters program has brought many new collectors into the hobby. Starting with Quarters and moving on to other coins. I could count myself as one. Since I didn't really start collecting until after the program started. Even if the quarters are not the center of my collection, now or ever.
Now we have this mess, with the mint and the Anniversary sets, and single coin issues. So I ask; Should we as collectors, not speculators:
1) Ask the mint to foster rarity of any new product?
We all want our collections to retain, and or increase in value. Even if it is not a primary concern.
2) Should new products be limited to 1 or 2 commems per year? With strict limits on production. And an occasional Special issue, like the anniversary sets. Again with strict limits on production.
3) Would you like to see products spread out to other mints:
I mean, “W” is the primary bullion mint. But the Silver Reverse Proof coins are being made at the “P” mint. “S” makes all the proof and silver proof sets. Could cause trouble, having S, P, + D proof sets. With each mint making 1/3 of the limited number of sets. Leaving W for bullion. Or have a W proof set too.
Title edited
Now we have this mess, with the mint and the Anniversary sets, and single coin issues. So I ask; Should we as collectors, not speculators:
1) Ask the mint to foster rarity of any new product?
We all want our collections to retain, and or increase in value. Even if it is not a primary concern.
2) Should new products be limited to 1 or 2 commems per year? With strict limits on production. And an occasional Special issue, like the anniversary sets. Again with strict limits on production.
3) Would you like to see products spread out to other mints:
I mean, “W” is the primary bullion mint. But the Silver Reverse Proof coins are being made at the “P” mint. “S” makes all the proof and silver proof sets. Could cause trouble, having S, P, + D proof sets. With each mint making 1/3 of the limited number of sets. Leaving W for bullion. Or have a W proof set too.
Title edited
(Old man) Look I had a lovely supper, and all I said to my wife was, “That piece of halibut was good enough for Jehovah”.
(Priest) BLASPHEMY he said it again, did you hear him?
(Priest) BLASPHEMY he said it again, did you hear him?
0
Comments
<< <i>If there is anything they say on "Coin Vault", I truly believe. It's that the 50 State Quarters program has brought many new collectors into the hobby. Starting with Quarters and moving on to other coins. I could count myself as one. Since I didn't really start collecting until after the program started. Even if the quarters are not the center of my collection, now or ever.
Now we have this mess, with the mint and the Anniversary sets, and single coin issues. So I ask; Should we as collectors, not speculators:
1) Ask the mint to foster rarity of any new product?
We all want our collections to retain, and or increase in value. Even if it is not a primary concern.
2) Should new products be limited to 1 or 2 commems per year? With strict limits on production. And an occasional Special issue, like the anniversary sets. Again with strict limits on production.
3) Would you like to see products spread out to other mints:
I mean, “W” is the primary bullion mint. But the Silver Reverse Proof coins are being made at the “P” mint. “S” makes all the proof and silver proof sets. Could cause trouble, having S, P, + D proof sets. With each mint making 1/3 of the limited number of sets. Leaving W for bullion. Or have a W proof set too. >>
You raise some valid points here. My thoughts are, and these come from someone who really should not be into coins as much as I am, when I see something I am fairly sure is going to be a low mintage coin/issue, I try and put my order in. Well, more than once, I have found that I was late, and the product is no longer available. I don't have the cash for large purchases, nor the time to be there when the door opens. This is frustrating to small timers like myself, and I'm sure it has happened to most of us.
I do however like your thoughts on each mint producing 1/3 of the limited number of sets. That is a concept that would cause you to work harder to fill that void in your collection. (And cause you to spend triple $$ as well).
I don't have but a few "W" coins, but those I do have I'm very proud of. I take a few extra precautions with those. I would like to see a "W" proof set sometime. I would claw and scratch for it.
I don't think the mint would attempt to try and foster any special rarity on a particular item. They can limit production, and often does, but to produce any special item on top of that, I can't see it happening. I could be wrong. (And maybe blind too)
Safe Cracker
My Indian Name is: Runs With Beer
Should the mint try to stamp out rarity? As they seem to be trying to do with the anniversary/single, UNC strike coins.
(Priest) BLASPHEMY he said it again, did you hear him?
<< <i>If there is anything they say on "Coin Vault", I truly believe. It's that the 50 State Quarters program has brought many new collectors into the hobby. >>
I can tell you this ..I have been collecting coins for a long time and "Coin Vault" is one of the biggest hucksters on tv.We didn't need them them to bring collectors to collect state quarters...the collectors did.....You believed "Coin Vault" because they told you...!!!!...
I'm not saying Coin vault brought in new collectors.
The 50 State quarters program did.
(Priest) BLASPHEMY he said it again, did you hear him?
<< <i>No, No.
I'm not saying Coin vault brought in new collectors.
The 50 State quarters program did. >>
I agree........Unfortunately they state "Their" show has brought many collectors into the fold because of the state quarters.
most suck
a few are okie
but all suck if they are slabbed for high grades by greedy promoters to the newbee unwary passionate collectors
<< <i>Should we as collectors NOT speculators:
1) Ask the mint to foster rarity of any new product?
We all want our collections to retain, and or increase in value. Even if it is not a primary concern.
2) Should new products be limited to 1 or 2 commems per year? With strict limits on production. And an occasional Special issue, like the anniversary sets. Again with strict limits on production.
3) Would you like to see products spread out to other mints:
I mean, “W” is the primary bullion mint. But the Silver Reverse Proof coins are being made at the “P” mint. “S” makes all the proof and silver proof sets. Could cause trouble, having S, P, + D proof sets. With each mint making 1/3 of the limited number of sets. Leaving W for bullion. Or have a W proof set too.
4) should the mint try to stamp out rarity? Like they seem to be doing with the Anniversary/single UNC strike coins now.
Title edited >>
No problem,
Would you give me your thoughts now?
(Priest) BLASPHEMY he said it again, did you hear him?
Most are ugly looking
<< <i>Too many products
Most are ugly looking >>
and overpriced
and overhyped
<< <i>What do YOU think about the mint(s), and new products?????/ >>
I think that the mint should get out of the collector business entirely and go back to doing their real job...ie, producing coinage for use in everyday commerce. Perhaps if it did then it would have the time to be able to slow down the presses and properly strike up the coins.
<< <i>
<< <i>What do YOU think about the mint(s), and new products?????/ >>
I think that the mint should get out of the collector business entirely and go back to doing their real job...ie, producing coinage for use in everyday commerce. Perhaps if it did then it would have the time to be able to slow down the presses and properly strike up the coins. >>
I definitely agree...It's confusing the collector and diverging the focus of true collecting of die stages and varieties to more and more of sales and new issues of coins.
Now, I have a better job, but they keep offering more and more each year and I not only can't afford some of them, but they come so fast that I don't have any time to save up for them.
I don't know how they got me hooked on "wanting them all" each year. I have had to cancel some because finances don't allow me to get them all.
The new products are usually pretty nice. I just wish they only offered a couple new things per year so I could afford to have them all.
Jonathan
<< <i>It used to be that I could afford all the products that the US Mint offered in a year. I didn't have a good job, but they were not producing many items and I was able to get them throughout the year, saving up between each offering. Now, I have a better job, but they keep offering more and more each year and I not only can't afford some of them, but they come so fast that I don't have any time to save up for them. I don't know how they got me hooked on "wanting them all" each year. I have had to cancel some because finances don't allow me to get them all. The new products are usually pretty nice. I just wish they only offered a couple new things per year so I could afford to have them all. Jonathan >>
New Member Commentary
IMHO, as long as the US Government is running huge deficits,
your going to see more and more coins programs from the US Mint.
I think David Harper (Numismatic News) hits it right on the head with his commentary
“ . . . Farfetched? It happened in the sports card field. It has happened with other
world mints. One only has to look at the issues of the Royal Canadian Mint
to see what could happen to the U.S. Mint product line over time. Sellouts
can contain the seeds of their own destruction. Unfortunately, if and when
such an event occurs, it will affect the whole hobby. Many, if not most of us,
still think that the Mint has a reasonable product line that we all could buy if
we so chose to do so. How many $2,610 set sellouts will it take to put an
end to that perception?”
<< <i>
“ . . . Farfetched? It happened in the sports card field. It has happened with other
world mints. One only has to look at the issues of the Royal Canadian Mint
to see what could happen to the U.S. Mint product line over time. Sellouts
can contain the seeds of their own destruction. Unfortunately, if and when
such an event occurs, it will affect the whole hobby. Many, if not most of us,
still think that the Mint has a reasonable product line that we all could buy if
we so chose to do so. How many $2,610 set sellouts will it take to put an
end to that perception?” >>
An authorized PCGS dealer, and a contributor to the Red Book.
state quarters?
most of the state quarters are ugly as sin. designed by a committee.
no soul or heart put into them. i will never collect a single one.
the other stuff is equally unappealing, like the new nickels or
the rehashed gold buff.
just trinkets to suck money of people who want to feed
their craving for new things.
seems to me, you would be better off collecting leaves.
much prettier and inexpensive.
Too frequently.
Too expensive.
To much like the tidal wave of commems during the 30s, and likely to meet the same end.
Here's a warning parable for coin collectors...