Home U.S. Coin Forum
Options

Is anyone upset with today's Coin World Guest Commentary and...

RYKRYK Posts: 35,799 ✭✭✭✭✭
Letter to the Editor defending the actions of MCM and other firms circumventing the Mint's buy limit for the 25th Anniversary set and impugning Mr. Francis' Guest Commentary?

Actually, I thought both were well-written, and while I do not agree with all of the arguments made, the overall point was well-constructed in both pieces.

image

Comments

  • I was really glad to see both in CW, and they were both well-written. I was sure when Mr. Francis' letter was published, there would be rebuttals. I think MCM has showed a lot of class and restraint in the way he handled it. It seems better to have the rebuttals come from others.
    Have bought and sold on BST, many references available when asked.
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    No, I'm not upset.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • derrybderryb Posts: 37,612 ✭✭✭✭✭
    As long as readers remember that Letters and Guest Editorials are strictly opinion pieces of the author, all is well.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • LakesammmanLakesammman Posts: 17,453 ✭✭✭✭✭
    Since I had a friend or 2 order 2009 HR's for me, I am going to refrain from commenting. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • BAJJERFANBAJJERFAN Posts: 31,255 ✭✭✭✭✭


    << <i>As long as readers remember that Letters and Guest Editorials are strictly opinion pieces of the author, all is well. >>



    Well they are supposed to be, but you never really know for sure.
    theknowitalltroll;
  • BAJJERFANBAJJERFAN Posts: 31,255 ✭✭✭✭✭


    << <i>Letter to the Editor defending the actions of MCM and other firms circumventing the Mint's buy limit for the 25th Anniversary set and impugning Mr. Francis' Guest Commentary?

    Actually, I thought both were well-written, and while I do not agree with all of the arguments made, the overall point was well-constructed in both pieces.

    image >>



    Is there any kind of linky to it?
    theknowitalltroll;
  • BAJJERFANBAJJERFAN Posts: 31,255 ✭✭✭✭✭
    For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price?
    theknowitalltroll;
  • RYKRYK Posts: 35,799 ✭✭✭✭✭


    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>


    Somehow, I knew you would be upset. image
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>

    But they don't so why even ask the question?
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • BAJJERFANBAJJERFAN Posts: 31,255 ✭✭✭✭✭


    << <i>

    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>


    Somehow, I knew you would be upset. image >>



    I'm not upset, but I can see how the guy who wrote the article was. Others apparently have no sympathy for him and those who feel the same way he does.
    theknowitalltroll;
  • BAJJERFANBAJJERFAN Posts: 31,255 ✭✭✭✭✭


    << <i>

    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>

    But they don't so why even ask the question? >>



    Because the net effect is the same except the mint is the one leaving the C note on the table.
    theknowitalltroll;
  • Anybody have a nice stir the pot icon?


  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>

    << <i>

    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>

    But they don't so why even ask the question? >>



    Because the net effect is the same except the mint is the one leaving the C note on the table. >>



    Ohhh. Now I undersand. We always want to see as much money as possilbe flowing directly to government agencies as opposed to private enterprise. image
  • BAJJERFANBAJJERFAN Posts: 31,255 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>

    But they don't so why even ask the question? >>



    Because the net effect is the same except the mint is the one leaving the C note on the table. >>



    Ohhh. Now I undersand. We always want to see as much money as possilbe flowing directly to government agencies as opposed to private enterprise. image >>



    Not really. Had the mint priced them at $395.95 they likely would have sold just as fast.
    theknowitalltroll;
  • RaufusRaufus Posts: 6,836 ✭✭✭✭✭


    << <i>Letter to the Editor defending the actions of MCM and other firms circumventing the Mint's buy limit for the 25th Anniversary set and impugning Mr. Francis' Guest Commentary?

    Actually, I thought both were well-written, and while I do not agree with all of the arguments made, the overall point was well-constructed in both pieces.

    image >>



    I did not receive the issue yet, but look forward to reading the letter.
    Land of the Free because of the Brave!
  • johnny9434johnny9434 Posts: 29,166 ✭✭✭✭✭
    its just an opinion, were all entitled to one. jmo
  • PerryHallPerryHall Posts: 46,799 ✭✭✭✭✭


    << <i>its just an opinion, were all entitled to one. jmo >>



    Ditto. I'm not surprised that friends of MCM would respond in CW. In fact, I'd be surprised if they didn't.

    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

  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>

    << <i>

    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>

    But they don't so why even ask the question? >>



    Because the net effect is the same except the mint is the one leaving the C note on the table. >>

    Not really.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • BAJJERFANBAJJERFAN Posts: 31,255 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>

    But they don't so why even ask the question? >>



    Because the net effect is the same except the mint is the one leaving the C note on the table. >>

    Not really. >>



    They end up with X number of sets at a small premium over issue price [the premium being paid to various solicited and volunteer sellers]. How would it be any different if the mint agreed to sell them the same number of sets for the same premium/price? In the one case people would be pissed as hell cuz they were given a preferred treatment yet nobody seems to care that they ended up with lots of sets at a higher price and obtained in a more roundabout manner.

    I don't care one way or the other, but I can see why those who got shut out are upset because others gamed the system.
    theknowitalltroll;
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    As long as it doesn't make Leonidas upset ........cuz we all know what happens then. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • RYKRYK Posts: 35,799 ✭✭✭✭✭


    << <i>As long as it doesn't make Leonidas upset ........cuz we all know what happens then. MJ >>


    Yes, talk about live grenades!
  • PerryHallPerryHall Posts: 46,799 ✭✭✭✭✭


    << <i>

    << <i>As long as it doesn't make Leonidas upset ........cuz we all know what happens then. MJ >>


    Yes, talk about live grenades! >>



    Has he been banned or is he still around?

    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

  • JBNJBN Posts: 1,898 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>

    But they don't so why even ask the question? >>



    Because the net effect is the same except the mint is the one leaving the C note on the table. >>



    Ohhh. Now I undersand. We always want to see as much money as possilbe flowing directly to government agencies as opposed to private enterprise. image >>



    Love the design. Didn't order them. Don't collect them, wouldn't have paid the 300 for a set. No dog in this hunt.

    HOWEVER, I would much rather the mint price items near their realistic value - nearer to the market price.

    The fact that those who were able to order made three to four figures in 'profit' for doing nothing is not what I would call 'private enterprise'.

    More akin to ticket scalping.

    The mint has the authority to produce these items. The mint should make the money, not somebody who simply 'flips' them without doing any actual work except putting up an ebay ad.

    Hopefully the mint won't make such a mistake in the future.
  • RYKRYK Posts: 35,799 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>

    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>

    But they don't so why even ask the question? >>



    Because the net effect is the same except the mint is the one leaving the C note on the table. >>



    Ohhh. Now I undersand. We always want to see as much money as possilbe flowing directly to government agencies as opposed to private enterprise. image >>



    Love the design. Didn't order them. Don't collect them, wouldn't have paid the 300 for a set. No dog in this hunt.

    HOWEVER, I would much rather the mint price items near their realistic value - nearer to the market price.

    The fact that those who were able to order made three to four figures in 'profit' for doing nothing is not what I would call 'private enterprise'.

    More akin to ticket scalping.

    The mint has the authority to produce these items. The mint should make the money, not somebody who simply 'flips' them without doing any actual work except putting up an ebay ad.

    Hopefully the mint won't make such a mistake in the future. >>


    Another communist. image
  • JBNJBN Posts: 1,898 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>

    << <i>

    << <i>For those who defend the practice, how would they/you feel if the mint offered the big players first shot at 200 sets at $100 per set over the "public" price? >>

    But they don't so why even ask the question? >>



    Because the net effect is the same except the mint is the one leaving the C note on the table. >>



    Ohhh. Now I undersand. We always want to see as much money as possilbe flowing directly to government agencies as opposed to private enterprise. image >>



    Love the design. Didn't order them. Don't collect them, wouldn't have paid the 300 for a set. No dog in this hunt.

    HOWEVER, I would much rather the mint price items near their realistic value - nearer to the market price.

    The fact that those who were able to order made three to four figures in 'profit' for doing nothing is not what I would call 'private enterprise'.

    More akin to ticket scalping.

    The mint has the authority to produce these items. The mint should make the money, not somebody who simply 'flips' them without doing any actual work except putting up an ebay ad.

    Hopefully the mint won't make such a mistake in the future. >>


    Another communist. image >>



    Brings to mind my hero. Here's one of my favorite scenes.
    My hero

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file