Irony involving the mint

DrPete

I just read last night in my recently delivered issue of Coin World, that our US Mint cannot account for something like $80K worth of coins and is "writing" off the loss. For some reason, this made me think of Israel Swit and the Langbords and the "records" kept by the mint back in 1933. Anyone else see some irony with this? If our mint can't keep track of $80K worth of coins in 2011 with all our technology and record keeping, etc. how can we expect that in 1933 they were able to know the whereabouts and dates and release of the coins confiscated from the Landbords?

OPA

<< <i>I just read last night in my recently delivered issue of Coin World, that our US Mint cannot account for something like $80K worth of coins and is "writing" off the loss. For some reason, this made me think of Israel Swit and the Langbords and the "records" kept by the mint back in 1933. Anyone else see some irony with this? If our mint can't keep track of $80K worth of coins in 2011 with all our technology and record keeping, etc. how can we expect that in 1933 they were able to know the whereabouts and dates and release of the coins confiscated from the Landbords? >>



I read the same article....Don't forget that in 1933, the US Mint did not mail out millions of items via USPS, UPS or FEDEX or a combination of two.... Seems like a very small percentage in what was sold. The believe is that most of the "can't keep track" appears to be mail related.

Gemineye

They can't keep track of ..What..!!!!...What's 80 Grand in the scheme of things..??