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Poll... If the US MINT restruck EVERY past coin...

topstuftopstuf Posts: 14,803 ✭✭✭✭✭
If, in a pique of usual and expected US govt. misconceptions and rash actions, the mint decided to restrike EVERY US coin in painstakingly reconstructed conditions and with identical alloys, weights, and die marks EXACTLY AS ORIGINALS AND UNMARKED...what would you do?

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Comments

  • F117ASRF117ASR Posts: 1,416 ✭✭✭
    I would be pissed off and probably sell out and move over to the darkside. I imagine all pieces less than AU would be wanted for originality.
    Beware of the flying monkeys!
    Aerospace Structures Engineer
  • MFHMFH Posts: 11,720 ✭✭✭✭


    Its not that unlikely either that sometime it could happen. Look at what the USPS has done to stamps with all the reprints they have issued over the years. The reprints are very recognizable from the originals and have been readily accepted by the stamp community.

    Restrikes have been part of our numismatic heritage ( 1850 - 1880's ) and it wouldn't phase me one bit if they started again. We'll be able to differentiate these restrikes from the originals in the future as we have done so in the past. Heck, I'd love to have a 1918/17-S Standing Liberty in PR 70FH DCAM...lol.

    Mike Hayes
    ~~~~~~~~~~~~
    Coin collecting is not a hobby, it's an obsession !

    New Barber Purchases
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    ooooooohwie.....NOT liking the trend.

    REMEMBER.....these would be UNLIMITED and available for as long as orders came in and COMPLETELY indistinguishable from originals.

    Some new SECRET process that can NOT be detected.

  • cladkingcladking Posts: 28,742 ✭✭✭✭✭


    << <i>ooooooohwie.....NOT liking the trend.

    REMEMBER.....these would be UNLIMITED and available for as long as orders came in and COMPLETELY indistinguishable from originals.

    Some new SECRET process that can NOT be detected. >>




    I'd be alright. There wouldn't be enough demand for the mint state clad quarters for them to bother with. image
    tempus fugit extra philosophiam.
  • I voted to say Oh Well. I dont think coins of the same type from many years ago would lose value or anything so why worry.

    Edit: I didnt read it fully. The same date and everything? I'd probably buy it then. Although the mint is way to cheap to ever do that and would probably only produce like 5 sets. (they would also need to find the dies.
    image
  • PutTogetherPutTogether Posts: 2,141 ✭✭✭
    Doesnt seem like people are really paying attention to the hypothetical here. Granted it seems impossible, but to answer your question, IF that happened and SOMEHOW it was IMPOSSIBLE to tell............I would sell every coin I have so freakin fast it would make your head spin. Then I'd buy the mint's set.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    PutTogether...... Looks that way.

    Guess I ....... SHUDDA...... said "what if someone COUNTERFEITED ....ALL....YOUR..... COINS.....and NO ONE could tell?"

    ..............."Uhhhh....I'd BUY em from da guy."




    imageimage
  • BAJJERFANBAJJERFAN Posts: 31,330 ✭✭✭✭✭
    I wouldn't care for the entire set BUT I would be interested in the Morgans as a set of 1 proof and 1 biz strike like they did for the buffalo dollars WITH the proviso that each coin be marked with a small inconspicuous R for reissue or restrike. Otherwise I would sellout ASAP.
    theknowitalltroll;
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    BAJJER..... The "R" would be the 4th letter in "Pluribus"

    Jist gotta know deze tings.

    image
  • nwcsnwcs Posts: 13,386 ✭✭✭
    I'd get a loan, buy the set, and never buy another coin.
  • CoinosaurusCoinosaurus Posts: 9,645 ✭✭✭✭✭
    The market would not accept the coins. Anything in a old-dated slab would continue to trade at current value.

    Among numismatic literature buffs, some of the classic catalogs have been reprinted with plates, and they are worth little compared to the originals, even though their research value is virtually identical.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Could the slabs be slabbed?
  • They woul still screw it up!
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Seriously, your genuine coins would be worth DIRT!

    I can speak from experience in the antique toy collectible market. Once Mike's Train House got into full time repros, the market crumbled like stale cake.

    I am currently shipping one of my old "keepers" (toy) for 2/3 of what I paid 15 years ago.

    Some "keeper" huh?

    Repros.....ANY repros.....dilute the demand for real things.

  • CoinosaurusCoinosaurus Posts: 9,645 ✭✭✭✭✭


    << <i>Repros.....ANY repros.....dilute the demand for real things. >>



    Yeah. If you had bought ANY coin that the GMM has repro'd, say in the last five years, you would have lost your shirt image
  • PutTogetherPutTogether Posts: 2,141 ✭✭✭
    GMM repros are obviously repros. He's creating a fantasy world where no one on earth would be able to tell at all for any reason. Scary world, that will never ever happen. Thank god. I'd have to collect rocks or something.
  • BAJJERFANBAJJERFAN Posts: 31,330 ✭✭✭✭✭
    Actually in recent years I have found myself wishing that the mint would reissue the Morgan in a limited edition restrike of one proof one biz strike with a small R somewhere on the coin [not in that plural bus] which would be the full basic set and a couple major varieties.
    theknowitalltroll;

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