When the waiting rooms dissipate then call me. We may be in a golden age of modern Mint collectibles.
Argue against that.
The waiting room appears even for very "cold" releases. It's just triggered by traffic and will always be triggered by a new release because that is peak volume, even for items that don't sell out.
Other than that, I basically agree with you.
I also don't know why people are angry about it. I mean, I might know, but I can't respect it if I'm right. If you don't like a release for any reason (price, design, etc), just don't buy it.
All comments reflect the opinion of the author, even when irrefutably accurate.
@NJCoin said:
It's all fair game. Including complaining about how the US Mint is becoming the Franklin Mint, one questionable decision at a time.
The mint is not becoming the Franklin mint, and these threads prove it. You may not like these low mintage products, but many do. This is how the mint should have been doing things all along. They have finally woken up and seen what power they have.
It's too bad they didn't do this earlier in the year with many more products.
Yeah. The Franklin Mint was also doing great. At least until "they have finally woken up and seen what power they have." At some point after that, the goose just got tired of laying golden eggs, and died. Where is the Franklin Mint now?
Not the same thing. They no longer actually make anything. They are just an online marketer now.
Yes, but that is where they are.
Right. Out of business, and just reselling other crap from other people. Not the same business, the same ownership, or anything.
Like Radio Shack. Not sure why you thought posting the link meant anything.
Someone bought a name, and is hoping to sell 2025 AACGS MS65 Lincoln Cents for $33 to people who don't know any better, or who think they are buying something valuable from the fine folks who used to make and sell all sorts of their own overpriced crap. Not the same company. No reason for you to go there.
@davewesen said:
I wonder if this will become a frequent new mint moneymaker - small mintage item auctioned off.
It sure feels like it. At least until people lose interest.
"Frequent" is in the eye of the beholder, but they do seem to be targeting one or two per year. While I personally find it offensive, because it really goes beyond their mandate and does make them look and feel like a small time private operation exploiting a market, if people are willing to pay, you really can't blame the Mint for taking advantage of the situation if that's where leadership's head is at. Serve the collecting public, or milk it until there is no more milk left to be had?
HSN constantly features low mintage strictly limited edition crap made by PAMP and monetized by whatever tiny autonomous region is willing to accept a fee in return for slapping its name and a King Charles effigy on the trinket. The Mint thinks it lends credibility to the enterprise by getting into the game, when, in reality, they are just cheapening their own brand. And maybe losing people along the way, who might just become disgusted and lose all interest in anything they make for the numismatic market. Time will tell, but all golden geese eventually die.
You should look at what the UK Royal Mint is doing with its pattern/die trial auctions. Every year, hundreds of off metal patterns in mintages of 1 to 10.
Okay. But even this is things that were made for a legitimate commercial purpose that they are choosing to monetize by selling. They are not making these things just to auction off.
Similar, but very different. Selling, hubs, dies, even surplus Denver Mint presses are one thing. Manufacturing rarities for no reason other than direct sale to the public is something else. At least to me.
No. I'm pretty sure they are just making those things to auction off. You need to go look at the catalog.
This I do not know. But, yeah, if it's a "trial piece" for something that never made it into production, then, yeah, it's also hot garbage.
Not like 1964 Peace Dollar test strikes that were supposed to be made, but were canceled before being produced. Anyone who confuses the 2 and pays up for artificial crap deserves what they get. Seriously, shame on the Mint for feeling the need to get into this game. Tarnishes the brand.
@NJCoin said:
It's all fair game. Including complaining about how the US Mint is becoming the Franklin Mint, one questionable decision at a time.
The mint is not becoming the Franklin mint, and these threads prove it. You may not like these low mintage products, but many do. This is how the mint should have been doing things all along. They have finally woken up and seen what power they have.
It's too bad they didn't do this earlier in the year with many more products.
Yeah. The Franklin Mint was also doing great. At least until "they have finally woken up and seen what power they have." At some point after that, the goose just got tired of laying golden eggs, and died. Where is the Franklin Mint now?
Not the same thing. They no longer actually make anything. They are just an online marketer now.
Yes, but that is where they are.
Right. Out of business, and just reselling other crap from other people. Not the same business, the same ownership, or anything.
Like Radio Shack. Not sure why you thought posting the link meant anything.
Someone bought a name, and is hoping to sell 2025 AACGS MS65 Lincoln Cents for $33 to people who don't know any better, or who think they are buying something valuable from the fine folks who used to make and sell all sorts of their own overpriced crap. Not the same company. No reason for you to go there.
In case anyone wanted to know where/what they are.
All comments reflect the opinion of the author, even when irrefutably accurate.
@NJCoin said:
Not like 1964 Peace Dollar test strikes that were supposed to be made, but were canceled before being produced. Anyone who confuses the 2 and pays up for artificial crap deserves what they get. Seriously, shame on the Mint for feeling the need to get into this game. Tarnishes the brand.
The mint tried it your way and it bombed. They have new ideas and you are mad because you can't afford the ticket price.
You can write a novel about how unfair all of this is, but the mint needs revenues and these are easy to do. The mint should have done all five quarters this way and gone all out.
You are supposed to be Ignoring. Not making third hand references to the conversation at hand, urging everyone else to Ignore, when no one else is even complaining.
You really don’t think anyone else is complaining about your posts??? 😂
@NJCoin said:
It's all fair game. Including complaining about how the US Mint is becoming the Franklin Mint, one questionable decision at a time.
The mint is not becoming the Franklin mint, and these threads prove it. You may not like these low mintage products, but many do. This is how the mint should have been doing things all along. They have finally woken up and seen what power they have.
It's too bad they didn't do this earlier in the year with many more products.
Yeah. The Franklin Mint was also doing great. At least until "they have finally woken up and seen what power they have." At some point after that, the goose just got tired of laying golden eggs, and died. Where is the Franklin Mint now?
Not the same thing. They no longer actually make anything. They are just an online marketer now.
Yes, but that is where they are.
Right. Out of business, and just reselling other crap from other people. Not the same business, the same ownership, or anything.
Like Radio Shack. Not sure why you thought posting the link meant anything.
Someone bought a name, and is hoping to sell 2025 AACGS MS65 Lincoln Cents for $33 to people who don't know any better, or who think they are buying something valuable from the fine folks who used to make and sell all sorts of their own overpriced crap. Not the same company. No reason for you to go there.
In case anyone wanted to know where/what they are.
Nobody does, since it's not the company I was referring to. Someone just bought the name and is abusing it, as though they could go any lower than where they were at the end of their existence as we all came to know and love it.
@NJCoin said:
Not like 1964 Peace Dollar test strikes that were supposed to be made, but were canceled before being produced. Anyone who confuses the 2 and pays up for artificial crap deserves what they get. Seriously, shame on the Mint for feeling the need to get into this game. Tarnishes the brand.
The mint tried it your way and it bombed. They have new ideas and you are mad because you can't afford the ticket price.
You can write a novel about how unfair all of this is, but the mint needs revenues and these are easy to do. The mint should have done all five quarters this way and gone all out.
Exactly what "bombed"? The Mint doesn't "needs revenues." The Mint's job is to make circulating coinage. Everything else is a sideshow, and, honestly, nobody asked for this.
It made $34 million in seigniorage last year, including what it lost in cents and nickels. It used to make a lot more, when cash was more widely used to make payments. And, to be honest, the federal government is not supposed to run at a profit. That's why it collects taxes.
Becoming the Franklin Mint in order to turn the US Mint into a profit making enterprise marketing collectibles of questionable value to an unsuspecting public is likely to ultimately create the same result. In the meantime, please enjoy your several thousand dollar silver Liberty Bell.
You are supposed to be Ignoring. Not making third hand references to the conversation at hand, urging everyone else to Ignore, when no one else is even complaining.
You really don’t think anyone else is complaining about your posts??? 😂
I REALLY don't care. But, no, who else is complaining, other than, now, you?
Everyone knows how to Ignore, so no one really needs to complain. No one needs a tutorial from a guy who has had several threads shut down in the past.
And organizing a mob to complain is going to result in nothing, other than a lot of frustration for the complainers.
Okay. But even this is things that were made for a legitimate commercial purpose that they are choosing to monetize by selling. They are not making these things just to auction off.
Similar, but very different. Selling, hubs, dies, even surplus Denver Mint presses are one thing. Manufacturing rarities for no reason other than direct sale to the public is something else. At least to me.
No. I'm pretty sure they are just making those things to auction off. You need to go look at the catalog.
Original article indicated the 2.5 oz quarters were for fund raising purposes/auctions. I think it's funny and probably pretty cool in hand.
@Rc5280 said:
"The Mint is selling overpriced garbage", "the Franklin Mint is selling overpriced garbage"...
Yet you religiously watch (and probably purchase from) HSN, RCTV, Magic-Mike every day/night selling their overpriced garbage.
Lololol.
I actually use it to fall asleep at night.
And, no, if I bought from them, I'd be a fan boy, would be drooling all over myself over the opportunity to buy 5 overstrikes of bullion ASEs for $230+ each when they are only making around 10K of each of them, would be encouraging everyone here to do the same in order to increase the perceived desirability of my newly acquired treasures, and would have no reason to criticize.
Way to come up with a coherent critique of me though. Congratulations!!! Keep up the fine work!!!
@Rc5280 said:
"The Mint is selling overpriced garbage", "the Franklin Mint is selling overpriced garbage"...
Yet you religiously watch (and probably purchase from) HSN, RCTV, Magic-Mike every day/night selling their overpriced garbage.
Lololol.
I doubt he purchases from the TV folk.
One man's overpriced junk is another man's SVDB cent.
I do wonder how many of these shrill voices would purchase the same "junk" at lower prices.
Absolutely. My complaint is that they exclude people who like these things, and don't make reasonable quantities at reasonable prices. I bought burnished ATB pucks, and would absolutely buy one of 60K special silver quarters at a "reasonable" price. Make 250 of them, and sell them for $20K+ each, and they instantly transform into hot garbage. No question.
Silver bells are another story because, yeah, they are more like silver Hot Wheels with King Charles' face on the reverse (or is it obverse?) than coins, so I'm just not interested. But I get why others might be, and think they should be accessible to them.
Leave the exclusionary issues to PAMP. US Mint, US market, US collectors. The government agency making the nation's coinage really shouldn't be doing this, regardless of how lucrative it might be.
Because, at the end of the day, it is not a private enterprise. Covering costs and generating a reasonable return for taxpayers is one thing. Cynically exploiting a market and its participants is another, and almost always does not end well for either side.
Glad you are enjoying. I am here for your amusement.
i didn't name names, but won't name names now either.
you certainly snapped to attention quickly though.
such a pleasant thread
Again, glad you are enjoying. I am here for your amusement.
I obviously can't speak for others, but, personally, I live for your non sequitur posts. You don't need to name names, and, even if you were not thinking of me, I'm thinking of you, and need to let you know it.
You are not otherwise involved and have nothing relevant to say, but feel the need to make your presence known anyway. I get it, understand it, encourage it, and appreciate the shout out from you. Just returning the favor.
Yes, I will snap to attention, because I live to serve.
@mbr33 said:
When everything is limited and special, nothing is special. Good luck to the Mint with this one. I wish them success as a taxpayer.
Agreed.
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
I posted this pic elsewhere, however it presents an illustration of how this "2.5 oz" sized quarter compares to the 5oz ATB quarter and a std 'pocket change' quarter...
.
The mint using your ideas of the past, it got old with collectors. Some people here don't want bickering, so i won't fill in the details.
Great. No details, so never mind. Now we don't want to bicker, while we need to get the last word, and have nothing substantive to say. Make unsupported statements much? 🤣🤣🤣
@NJCoin said:
Great. No details, so never mind. Now we don't want to bicker, while we need to get the last word, and have nothing substantive to say. Make unsupported statements much? 🤣🤣🤣
The mint is releasing the modern equivalent of panpacs now, that is what you shed your crocodile tears over. How is that for bickering then?
@NJCoin said:
Great. No details, so never mind. Now we don't want to bicker, while we need to get the last word, and have nothing substantive to say. Make unsupported statements much? 🤣🤣🤣
The mint is releasing the modern equivalent of panpacs now, that is what you shed your crocodile tears over. How is that for bickering then?
Dunno. I want to know what "the mint tried it your way and it bombed" is referring to.
What "bombed," and what was "my way"? Superman?
Raising the price of the annual Mint set by almost 4x? Raising the price of numismatic silver to almost $200 per ounce?
Being opaque in how of much of anything they are actually going to make? Stopping sales and then starting them up again months later?
What? What is "my way"? And what is bombing? FIFA coins? Superheroes?
@NJCoin said:
What? What is "my way"? And what is bombing? FIFA coins? Superheroes?
Shouldn't you know what it is? You have repeated it a thousand times by now. I wish I could go on but I will leave it at that.
No. I have no idea what you are talking about. Given how eager you usually are to call me out, it appears as though you also have no idea what you are talking about.
@NJCoin said:
No. I have no idea what you are talking about. Given how eager you usually are to call me out, it appears as though you also have no idea what you are talking about.
These will be modern classics, just like the liberty bells.
Contrary to what you think, the mint could do neither in high quantities given the production limitations they imposed.
The mint tried things your way, and it bombed. Now they are moving on. That is all. If you think about it enough, you will understand. otherwise you won't. As I said, some here are unhappy with the bickering, so no more needs to be added.
@NJCoin said:
No. I have no idea what you are talking about. Given how eager you usually are to call me out, it appears as though you also have no idea what you are talking about.
These will be modern classics, just like the liberty bells.
Contrary to what you think, the mint could do neither in high quantities given the production limitations they imposed.
The mint tried things your way, and it bombed. Now they are moving on. That is all. If you think about it enough, you will understand. otherwise you won't. As I said, some here are unhappy with the bickering, so no more needs to be added.
Again, just keep throwing this out there without any details regarding what you mean. Just like with some famous people I can think of, simply repeating BS over and over again does not make it true.
You don't want to bicker, but also seem to need to get the last word. You're going to have to make a choice, because you can't have both.
@RedRocket said: @NJCoin Continue to bicker using conjecture and feelings while the other side debates and discusses with facts and validated information.
Do YOU have "facts and validated information"? If so, please feel free to share.
"The mint tried things your way, and it bombed."
Exactly what is "my way," and just what "bombed"? This is pure unadulterated nonsense. Repeating it over and over again does not make it anything else.
@NJCoin said:
Exactly what is "my way," and just what "bombed"? This is pure unadulterated nonsense. Repeating it over and over again does not make it anything else.
I will spell this out for you in one last post, and for this reason. This is a thread about the 2.5 ounce silver quarter, not about the mint itself. Some posters here come in to read about that coin, and don't want to wade through bickering about the mint.
If this was a thread about mint operations, then what the mint strikes would be fair game. But not here.
The mint has tried your ideas and they bombed, the mint is moving on, with you or without you. And from what you have posted, it appears without you.
You can say I don't know what I am talking about, and if that stops it, then so be it.
@NJCoin said:
Exactly what is "my way," and just what "bombed"? This is pure unadulterated nonsense. Repeating it over and over again does not make it anything else.
I will spell this out for you in one last post, and for this reason. This is a thread about the 2.5 ounce silver quarter, not about the mint itself. Some posters here come in to read about that coin, and don't want to wade through bickering about the mint.
If this was a thread about mint operations, then what the mint strikes would be fair game. But not here.
The mint has tried your ideas and they bombed, the mint is moving on, with you or without you. And from what you have posted, it appears without you.
You can say I don't know what I am talking about, and if that stops it, then so be it.
You are not "spelling out" anything in your "one last post." Which certainly will not be your "one last post," because you cannot help yourself, and need to get the last word.
You literally said, multiple times:
@HalfDime said:
The mint tried it your way and it bombed.
without explaining what that means, and no details, other than
@HalfDime said:
If you think about it enough, you will understand. otherwise you won't.
It's pure nonsense. No matter what "this thread is about."
The thread is about "the 2.5 ounce silver quarter, not about the mint itself"? Great! What "my way" about the 2.05 ounce silver quarter was tried and bombed?
Just nonsense, over and over again. Because repeating it without answering a specific straightforward question is somehow supposed to make it true.
Way to hijack a thread while trying to wear me down. The fact that @WQuarterFreddie, who has me on Ignore and who eagerly provides direction to anyone willing to listen to do the same, yet can't seem to get me out of his head, is the only one egging you on should be your first clue that you are lost here.
@NJCoin said:
Exactly what is "my way," and just what "bombed"? This is pure unadulterated nonsense. Repeating it over and over again does not make it anything else.
I will spell this out for you in one last post, and for this reason. This is a thread about the 2.5 ounce silver quarter, not about the mint itself. Some posters here come in to read about that coin, and don't want to wade through bickering about the mint.
If this was a thread about mint operations, then what the mint strikes would be fair game. But not here.
The mint has tried your ideas and they bombed, the mint is moving on, with you or without you. And from what you have posted, it appears without you.
You can say I don't know what I am talking about, and if that stops it, then so be it.
Mint-Bashing is first and foremost with him, regardless of a specific Mint product. Why? He thinks (in error) that he could do a better job in running the Mint, hence the neverending angst.
It drives him crazy to not have a clue as to how the Mint actually operates, so it's an obsession now it appears.
Notice that he, in fact seeks out the last word within the argument that he initiates (trolling)...
@NJCoin said:
Exactly what is "my way," and just what "bombed"? This is pure unadulterated nonsense. Repeating it over and over again does not make it anything else.
I will spell this out for you in one last post, and for this reason. This is a thread about the 2.5 ounce silver quarter, not about the mint itself. Some posters here come in to read about that coin, and don't want to wade through bickering about the mint.
If this was a thread about mint operations, then what the mint strikes would be fair game. But not here.
The mint has tried your ideas and they bombed, the mint is moving on, with you or without you. And from what you have posted, it appears without you.
You can say I don't know what I am talking about, and if that stops it, then so be it.
Mint-Bashing is first and foremost with him, regardless of a specific Mint product. Why? He thinks (in error) that he could do a better job in running the Mint, hence the neverending angst.
It drives him crazy to not have a clue as to how the Mint actually operates, so it's an obsession now it appears.
Notice that he, in fact seeks out the last word within the argument that he initiates (trolling)...
Again, great. Now back to the question at hand --
"The mint tried things your way, and it bombed." Exactly what is "my way," and just what "bombed"?
Do you have an answer, or just more BS? I did not initiate this line of discourse, and have been awaiting a response other than "you know" for over a day now.
@NJCoin said:
Exactly what is "my way," and just what "bombed"? This is pure unadulterated nonsense. Repeating it over and over again does not make it anything else.
I will spell this out for you in one last post, and for this reason. This is a thread about the 2.5 ounce silver quarter, not about the mint itself. Some posters here come in to read about that coin, and don't want to wade through bickering about the mint.
If this was a thread about mint operations, then what the mint strikes would be fair game. But not here.
The mint has tried your ideas and they bombed, the mint is moving on, with you or without you. And from what you have posted, it appears without you.
You can say I don't know what I am talking about, and if that stops it, then so be it.
Mint-Bashing is first and foremost with him, regardless of a specific Mint product. Why? He thinks (in error) that he could do a better job in running the Mint, hence the neverending angst.
It drives him crazy to not have a clue as to how the Mint actually operates, so it's an obsession now it appears.
Notice that he, in fact seeks out the last word within the argument that he initiates (trolling)...
Again, great. Now back to the question at hand --
"The mint tried things your way, and it bombed." Exactly what is "my way," and just what "bombed"?
Do you have an answer, or just more BS? I did not initiate this line of discourse, and have been awaiting a response other than "you know" for over a day now.
@NJCoin said:
Exactly what is "my way," and just what "bombed"? This is pure unadulterated nonsense. Repeating it over and over again does not make it anything else.
I will spell this out for you in one last post, and for this reason. This is a thread about the 2.5 ounce silver quarter, not about the mint itself. Some posters here come in to read about that coin, and don't want to wade through bickering about the mint.
If this was a thread about mint operations, then what the mint strikes would be fair game. But not here.
The mint has tried your ideas and they bombed, the mint is moving on, with you or without you. And from what you have posted, it appears without you.
You can say I don't know what I am talking about, and if that stops it, then so be it.
Mint-Bashing is first and foremost with him, regardless of a specific Mint product. Why? He thinks (in error) that he could do a better job in running the Mint, hence the neverending angst.
It drives him crazy to not have a clue as to how the Mint actually operates, so it's an obsession now it appears.
Notice that he, in fact seeks out the last word within the argument that he initiates (trolling)...
Again, great. Now back to the question at hand --
"The mint tried things your way, and it bombed." Exactly what is "my way," and just what "bombed"?
Do you have an answer, or just more BS? I did not initiate this line of discourse, and have been awaiting a response other than "you know" for over a day now.
Everyone knows what he’s talking about but you 😆
Excellent. So, instead of gaslighting me, why not let me in on the secret? Because you're all full of crap? 😆
All of a sudden, everyone is shy about posting details. 🤣🤣🤣
Because you have nothing, yet feel a need to post.
This is again another special offering for the elite numismatic customers that the mint is cultivating. These products are not intended for the members of this forum who are obsessed with intrinsic value. While these will probably auction off in the $20-30k range, if the mint were to stick a $20k price tag on these there would be outrage.
@ProofCollection said:
This is again another special offering for the elite numismatic customers that the mint is cultivating. These products are not intended for the members of this forum who are obsessed with intrinsic value. While these will probably auction off in the $20-30k range, if the mint were to stick a $20k price tag on these there would be outrage.
Correct. But it's the same outrage I have anyway. So why are you making a distinction?
I just don't think a public government agency should be using resources and overhead we all pay for, through our taxes and other numismatic purchases, to be cultivating that audience.
Because that's what private companies do. Not the US Mint. If the US Mint wants to become PAMP, it will, and it will reap what it sows. Agree to disagree, but don't deny me my right to that "outrage."
@ProofCollection said:
This is again another special offering for the elite numismatic customers that the mint is cultivating. These products are not intended for the members of this forum who are obsessed with intrinsic value. While these will probably auction off in the $20-30k range, if the mint were to stick a $20k price tag on these there would be outrage.
Correct. But it's the same outrage I have anyway. So why are you making a distinction?
I just don't think a public government agency should be using resources and overhead we all pay for, through our taxes and other numismatic purchases, to be cultivating that audience.
Because that's what private companies do. Not the US Mint. If the US Mint wants to become PAMP, it will, and it will reap what it sows. Agree to disagree, but don't deny me my right to that "outrage."
Why are you outraged? Because you are not in the target market? Jealous much?
Sure the US Mint is a public agency, but I don't see why that should relegate them to only making mass market low margin widgets to demand. If the the US Mint public agency can make exclusive products that help offset my tax bill, I'm all for it.
@ProofCollection said:
This is again another special offering for the elite numismatic customers that the mint is cultivating. These products are not intended for the members of this forum who are obsessed with intrinsic value. While these will probably auction off in the $20-30k range, if the mint were to stick a $20k price tag on these there would be outrage.
Correct. But it's the same outrage I have anyway. So why are you making a distinction?
I just don't think a public government agency should be using resources and overhead we all pay for, through our taxes and other numismatic purchases, to be cultivating that audience.
Because that's what private companies do. Not the US Mint. If the US Mint wants to become PAMP, it will, and it will reap what it sows. Agree to disagree, but don't deny me my right to that "outrage."
Why are you outraged? Because you are not in the target market? Jealous much?
Sure the US Mint is a public agency, but I don't see why that should relegate them to only making mass market low margin widgets to demand. If the the US Mint public agency can make exclusive products that help offset my tax bill, I'm all for it.
Yes. Jealous. I am a collector. I believe that collector coins made by my US Mint, a US government agency, should be accessible to US citizen taxpayer collectors like me.
These are not. I don't think it's appropriate for the US Mint to be involved in this part of the business. I'm entitled to my opinion.
Your tax bill would be equally offset if they make 50K items and make $100 on each of them as when they make 250 items and make $20K on each of them. So, there's that, elitist.
Comments
The waiting room appears even for very "cold" releases. It's just triggered by traffic and will always be triggered by a new release because that is peak volume, even for items that don't sell out.
Other than that, I basically agree with you.
I also don't know why people are angry about it. I mean, I might know, but I can't respect it if I'm right. If you don't like a release for any reason (price, design, etc), just don't buy it.
All comments reflect the opinion of the author, even when irrefutably accurate.
Right. Out of business, and just reselling other crap from other people. Not the same business, the same ownership, or anything.
Like Radio Shack. Not sure why you thought posting the link meant anything.
Someone bought a name, and is hoping to sell 2025 AACGS MS65 Lincoln Cents for $33 to people who don't know any better, or who think they are buying something valuable from the fine folks who used to make and sell all sorts of their own overpriced crap. Not the same company. No reason for you to go there.
This I do not know. But, yeah, if it's a "trial piece" for something that never made it into production, then, yeah, it's also hot garbage.
Not like 1964 Peace Dollar test strikes that were supposed to be made, but were canceled before being produced. Anyone who confuses the 2 and pays up for artificial crap deserves what they get. Seriously, shame on the Mint for feeling the need to get into this game. Tarnishes the brand.
In case anyone wanted to know where/what they are.
All comments reflect the opinion of the author, even when irrefutably accurate.
The mint tried it your way and it bombed. They have new ideas and you are mad because you can't afford the ticket price.
You can write a novel about how unfair all of this is, but the mint needs revenues and these are easy to do. The mint should have done all five quarters this way and gone all out.
You really don’t think anyone else is complaining about your posts??? 😂
Nobody does, since it's not the company I was referring to. Someone just bought the name and is abusing it, as though they could go any lower than where they were at the end of their existence as we all came to know and love it.
Exactly what "bombed"? The Mint doesn't "needs revenues." The Mint's job is to make circulating coinage. Everything else is a sideshow, and, honestly, nobody asked for this.
It made $34 million in seigniorage last year, including what it lost in cents and nickels. It used to make a lot more, when cash was more widely used to make payments. And, to be honest, the federal government is not supposed to run at a profit. That's why it collects taxes.
Becoming the Franklin Mint in order to turn the US Mint into a profit making enterprise marketing collectibles of questionable value to an unsuspecting public is likely to ultimately create the same result. In the meantime, please enjoy your several thousand dollar silver Liberty Bell.
I REALLY don't care. But, no, who else is complaining, other than, now, you?
Everyone knows how to Ignore, so no one really needs to complain. No one needs a tutorial from a guy who has had several threads shut down in the past.
And organizing a mob to complain is going to result in nothing, other than a lot of frustration for the complainers.
"The Mint is selling overpriced garbage", "the Franklin Mint is selling overpriced garbage"...
Yet you religiously watch (and probably purchase from) HSN, RCTV, Magic-Mike every day/night selling their overpriced garbage.
Lololol.
I doubt he purchases from the TV folk.
One man's overpriced junk is another man's SVDB cent.
I do wonder how many of these shrill voices would purchase the same "junk" at lower prices.
All comments reflect the opinion of the author, even when irrefutably accurate.
I'm so old, I remember when people were unhappy because the mint didn't strike anything but proof and mint sets.
And sometimes, they didn't even strike those.
I'd like to take a moment to complain about the weather. Unlike Mint products, I can't completely avoid the weather.
All comments reflect the opinion of the author, even when irrefutably accurate.
Original article indicated the 2.5 oz quarters were for fund raising purposes/auctions. I think it's funny and probably pretty cool in hand.
I actually use it to fall asleep at night.
And, no, if I bought from them, I'd be a fan boy, would be drooling all over myself over the opportunity to buy 5 overstrikes of bullion ASEs for $230+ each when they are only making around 10K of each of them, would be encouraging everyone here to do the same in order to increase the perceived desirability of my newly acquired treasures, and would have no reason to criticize.
Way to come up with a coherent critique of me though. Congratulations!!! Keep up the fine work!!!
Absolutely. My complaint is that they exclude people who like these things, and don't make reasonable quantities at reasonable prices. I bought burnished ATB pucks, and would absolutely buy one of 60K special silver quarters at a "reasonable" price. Make 250 of them, and sell them for $20K+ each, and they instantly transform into hot garbage. No question.
Silver bells are another story because, yeah, they are more like silver Hot Wheels with King Charles' face on the reverse (or is it obverse?) than coins, so I'm just not interested. But I get why others might be, and think they should be accessible to them.
Leave the exclusionary issues to PAMP. US Mint, US market, US collectors. The government agency making the nation's coinage really shouldn't be doing this, regardless of how lucrative it might be.
Because, at the end of the day, it is not a private enterprise. Covering costs and generating a reasonable return for taxpayers is one thing. Cynically exploiting a market and its participants is another, and almost always does not end well for either side.
what a pleasant thread> @NJCoin said:
i didn't name names, but won't name names now either.
you certainly snapped to attention quickly though.
such a pleasant thread
The mint could have struck the 250th dime in one ounce, all five quarters in 2 1/2 ounce, and the half dollar in five ounce sizes.
The 250th dime in one ounce would almost become an instant classic.
Again, glad you are enjoying. I am here for your amusement.
I obviously can't speak for others, but, personally, I live for your non sequitur posts. You don't need to name names, and, even if you were not thinking of me, I'm thinking of you, and need to let you know it.
You are not otherwise involved and have nothing relevant to say, but feel the need to make your presence known anyway. I get it, understand it, encourage it, and appreciate the shout out from you. Just returning the favor.
Yes, I will snap to attention, because I live to serve.
Agreed.
Mint sets are about as plain and ordinary of a product that one can imagine. Are they "limited and special"?
This year they are.
I hate to take this detailed conversation back to basics, but is this an expensive tchotchke or an expensive bauble?
Thank you for helping me catch up on this critical issue.
That depends. Are you displaying it or storing it? 🤔
All comments reflect the opinion of the author, even when irrefutably accurate.
He proudly wears his guilty conscience on his sleeve. No biggie, he's here to 'serve' lol.
Yes. Guilty conscience. Proudly. 🤣🤣🤣
I posted this pic elsewhere, however it presents an illustration of how this "2.5 oz" sized quarter compares to the 5oz ATB quarter and a std 'pocket change' quarter...
.
The mint using your ideas of the past, it got old with collectors. Some people here don't want bickering, so i won't fill in the details.
Great. No details, so never mind. Now we don't want to bicker, while we need to get the last word, and have nothing substantive to say. Make unsupported statements much? 🤣🤣🤣
The mint is releasing the modern equivalent of panpacs now, that is what you shed your crocodile tears over. How is that for bickering then?
Dunno. I want to know what "the mint tried it your way and it bombed" is referring to.
What "bombed," and what was "my way"? Superman?
Raising the price of the annual Mint set by almost 4x? Raising the price of numismatic silver to almost $200 per ounce?
Being opaque in how of much of anything they are actually going to make? Stopping sales and then starting them up again months later?
What? What is "my way"? And what is bombing? FIFA coins? Superheroes?
Shouldn't you know what it is? You have repeated it a thousand times by now. I wish I could go on but I will leave it at that.
No. I have no idea what you are talking about. Given how eager you usually are to call me out, it appears as though you also have no idea what you are talking about.
These will be modern classics, just like the liberty bells.
Contrary to what you think, the mint could do neither in high quantities given the production limitations they imposed.
The mint tried things your way, and it bombed. Now they are moving on. That is all. If you think about it enough, you will understand. otherwise you won't. As I said, some here are unhappy with the bickering, so no more needs to be added.
@NJCoin Continue to bicker using conjecture and feelings while the other side debates and discusses with facts and validated information.
such a pleasant thread
Again, just keep throwing this out there without any details regarding what you mean. Just like with some famous people I can think of, simply repeating BS over and over again does not make it true.
You don't want to bicker, but also seem to need to get the last word. You're going to have to make a choice, because you can't have both.
Do YOU have "facts and validated information"? If so, please feel free to share.
"The mint tried things your way, and it bombed."
Exactly what is "my way," and just what "bombed"? This is pure unadulterated nonsense. Repeating it over and over again does not make it anything else.
Glad you are enjoying. I am here for your amusement.
I will spell this out for you in one last post, and for this reason. This is a thread about the 2.5 ounce silver quarter, not about the mint itself. Some posters here come in to read about that coin, and don't want to wade through bickering about the mint.
If this was a thread about mint operations, then what the mint strikes would be fair game. But not here.
The mint has tried your ideas and they bombed, the mint is moving on, with you or without you. And from what you have posted, it appears without you.
You can say I don't know what I am talking about, and if that stops it, then so be it.
You are not "spelling out" anything in your "one last post." Which certainly will not be your "one last post," because you cannot help yourself, and need to get the last word.
You literally said, multiple times:
without explaining what that means, and no details, other than
It's pure nonsense. No matter what "this thread is about."
The thread is about "the 2.5 ounce silver quarter, not about the mint itself"? Great! What "my way" about the 2.05 ounce silver quarter was tried and bombed?
Just nonsense, over and over again. Because repeating it without answering a specific straightforward question is somehow supposed to make it true.
Way to hijack a thread while trying to wear me down. The fact that @WQuarterFreddie, who has me on Ignore and who eagerly provides direction to anyone willing to listen to do the same, yet can't seem to get me out of his head, is the only one egging you on should be your first clue that you are lost here.
An extra-large size silver dollar from the 1959 film "Li'l Abner":
The Mysterious Egyptian Magic Coin
Coins in Movies
Coins on Television
Mint-Bashing is first and foremost with him, regardless of a specific Mint product. Why? He thinks (in error) that he could do a better job in running the Mint, hence the neverending angst.
It drives him crazy to not have a clue as to how the Mint actually operates, so it's an obsession now it appears.
Notice that he, in fact seeks out the last word within the argument that he initiates (trolling)...
Again, great. Now back to the question at hand --
"The mint tried things your way, and it bombed." Exactly what is "my way," and just what "bombed"?
Do you have an answer, or just more BS? I did not initiate this line of discourse, and have been awaiting a response other than "you know" for over a day now.
Everyone knows what he’s talking about but you 😆
Excellent. So, instead of gaslighting me, why not let me in on the secret? Because you're all full of crap? 😆
All of a sudden, everyone is shy about posting details. 🤣🤣🤣
Because you have nothing, yet feel a need to post.
This is again another special offering for the elite numismatic customers that the mint is cultivating. These products are not intended for the members of this forum who are obsessed with intrinsic value. While these will probably auction off in the $20-30k range, if the mint were to stick a $20k price tag on these there would be outrage.
Correct. But it's the same outrage I have anyway. So why are you making a distinction?
I just don't think a public government agency should be using resources and overhead we all pay for, through our taxes and other numismatic purchases, to be cultivating that audience.
Because that's what private companies do. Not the US Mint. If the US Mint wants to become PAMP, it will, and it will reap what it sows. Agree to disagree, but don't deny me my right to that "outrage."
Why are you outraged? Because you are not in the target market? Jealous much?
Sure the US Mint is a public agency, but I don't see why that should relegate them to only making mass market low margin widgets to demand. If the the US Mint public agency can make exclusive products that help offset my tax bill, I'm all for it.
Yes. Jealous. I am a collector. I believe that collector coins made by my US Mint, a US government agency, should be accessible to US citizen taxpayer collectors like me.
These are not. I don't think it's appropriate for the US Mint to be involved in this part of the business. I'm entitled to my opinion.
Your tax bill would be equally offset if they make 50K items and make $100 on each of them as when they make 250 items and make $20K on each of them. So, there's that, elitist.