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Moy resigned

mbogomanmbogoman Posts: 5,331 ✭✭✭✭✭
Moy resigned today, effective Jan. 9. Just reported in Dave Harper's column in Numismatic News. Must be embarassed over the fubar puck fiasco...

http://blog.numismaticnews.net/buzz/2010/12/20/MintDirectorEdMoyResigns.aspx

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    Classof67Classof67 Posts: 1,502 ✭✭✭
    Wow!
    GREAT BST transactions with Wondercoin, segoja, moderncoinmart, notwilight, wingsrule, 123cents, fivecents, hunted, alohagary, ibzman350, WTCG, sonofagunk, amigo, coincoins, dcgolfer, chumley, nycounsel, tootawl, guitarwes, kimber45ACP, Zubie, Egger, RYK, 1tommy, EagleEye, NEFPROLLC, jmdm1194, Coinfolio
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    OPAOPA Posts: 17,163 ✭✭✭✭✭


    << <i>Moy resigned today, effective Jan. 9. Just reported in Dave Harper's column in Numismatic News. Must be embarassed over the fubar puck fiasco...

    http://blog.numismaticnews.net/buzz/2010/12/20/MintDirectorEdMoyResigns.aspx >>



    I thought he was one of the survivors that ended up getting buried, from the plane that crashed on the US Canadian border.image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    goldbuffalogoldbuffalo Posts: 708 ✭✭✭
    His term was to end in 2011.

    He was in way over his head anyway. He couldn't handle the job.


    Worst Director ever.

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    jmski52jmski52 Posts: 23,978 ✭✭✭✭✭
    As the World Turns..............These are the Days of Our Lives....................image

    This gives an indication of how much skill the guy had - he couldn't even deal with a problem of his own making.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    jmcu12jmcu12 Posts: 2,452 ✭✭✭
    I would gladly take his job - I could not do any worse.
    Awarded latest "YOU SUCK!": June 11, 2014
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    GoldbullyGoldbully Posts: 18,510 ✭✭✭✭✭
    PR Newswire Link

    Moy Will Depart for Position in Private Sector

    WASHINGTON, Dec. 20, 2010 /PRNewswire-USNewswire/ -- Director of the United States Mint Edmund C. Moy announced today that he has submitted his resignation to President Barack Obama. He also informed Secretary of the Treasury Timothy Geithner and Treasurer of the United States Rosie Rios of his resignation, effective January 9, 2011. Moy has accepted a position in the private sector.

    Moy was sworn in as 38th Director of the United States Mint in September 2006 after being appointed by President George W. Bush for a five-year term. Prior to assuming his duties as Director of the Mint, Moy was a Special Assistant to President Bush for Presidential Personnel.

    In his remarks to all Mint employees about his departure, Moy praised their performance during his tenure. "I'm proud of the progress we've made over four and a half years. The Mint is a better place and delivering more value to the American taxpayers. The foundation has been rebuilt and the work is now in your capable hands," he said. "Please know that I will always remember my being Director of the United States Mint as a special time in my life."

    Prior to his public service in the White House and Mint, Moy spent eight years working with venture capital firms and entrepreneurs. From 1989 to 1993, he served President George H. W. Bush as a political appointee at the federal Health Care Financing Administration at the U.S. Department of Health and Human Services. He has also served as a sales and marketing executive for Blue Cross Blue Shield of Wisconsin.

    Moy graduated from the University of Wisconsin in 1979 with a triple major in economics, international relations and political science. He and his wife Karen have a daughter, Nora.

    SOURCE United States Mint

    U.S. Mint
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    Be sure to check his pockets on the way out for any ATB pucks.
    Successful BST transactions: clackamas, goldman86, alohagary, rodzm, bigmarty58, Hyperion, segoja, levinll, dmarks
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    EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    He did give us the UHR $20.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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    BigDaddyzBigDaddyz Posts: 1,306 ✭✭✭
    he's quitting to make him eligible to buy pucks and flip em
    Great BST experiences: abitofthisabitofthat, silvercoinsdude, gerard, coinfame, mikescoins, wondercoin
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    ConnecticoinConnecticoin Posts: 13,277 ✭✭✭✭✭
    His "private sector" job is with APMEX. image
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    dragondragon Posts: 4,548 ✭✭


    << <i>His term was to end in 2011.

    He was in way over his head anyway. He couldn't handle the job.


    Worst Director ever. >>






    I agree
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    << <i>appointed by President George W. Bush for a five-year term >>



    Heckuva job, Moy! image
    FULL Heads RULE!
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    Dog97Dog97 Posts: 7,874 ✭✭✭
    Sounds like he has a problem keeping jobs since 1989:
    Special Assistant to President Bush for Presidential Personnel.
    8 years working with venture capital firms and entrepreneurs.
    Political appointee at the federal Health Care Financing Administration at the U.S. Department of Health and Human Services.
    Sales and marketing executive for Blue Cross Blue Shield of Wisconsin.
    In addition to Director of the United States Mint.

    He changes jobs more often than construction workers. Wonder what he's actually qualified for? I'll hire him to mow my grass for $10 hour.

    Change that we can believe in is that change which is 90% silver.
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    He came into office with all sorts of promises.... and leaves without doing a thing. Cheers, RickO
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    ConstantineConstantine Posts: 2,369 ✭✭✭
    Phew, just in a nick of time --before we became the Royal Canadian Mint.
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    OPAOPA Posts: 17,163 ✭✭✭✭✭


    << <i>His "private sector" job is with APMEX. image >>



    Nope...that job is reserved for x PCGS executivesimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    ambro51ambro51 Posts: 14,430 ✭✭✭✭✭
    I THOUGHT I seen him working at the local White Castle!
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    cmerlo1cmerlo1 Posts: 8,067 ✭✭✭✭✭
    I guess the "renaissance" is over....
    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>

    << <i>appointed by President George W. Bush for a five-year term >>



    Heckuva job, Moy! image >>



    Mission accomplished image
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    messydeskmessydesk Posts: 20,794 ✭✭✭✭✭


    << <i>Sounds like he has a problem keeping jobs since 1989:
    Special Assistant to President Bush for Presidential Personnel.
    8 years working with venture capital firms and entrepreneurs.
    Political appointee at the federal Health Care Financing Administration at the U.S. Department of Health and Human Services.
    Sales and marketing executive for Blue Cross Blue Shield of Wisconsin.
    In addition to Director of the United States Mint. >>


    Sounds like a typical political climber aspirant, actually.


    << <i>He changes jobs more often than construction workers. Wonder what he's actually qualified for? I'll hire him to mow my grass for $10 hour. >>


    Maybe he'll reopen his parents' Chinese restaurant.
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    itsnotjustmeitsnotjustme Posts: 8,788 ✭✭✭
    Boy, no love here!
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
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    WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    So, who's going to be the next appointee?

    Flavor Flav?
    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
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    droopyddroopyd Posts: 5,381 ✭✭✭


    << <i>Moy Will Depart for Position in Private Sector >>



    Franklin Mint?
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
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    ebaybuyerebaybuyer Posts: 2,984 ✭✭✭
    five years on the job and did nothing, i need a government job !
    regardless of how many posts I have, I don't consider myself an "expert" at anything
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    cladkingcladking Posts: 30,168 ✭✭✭✭✭
    I don't understand the hostility here. He did a few good things like improving quality
    and keeping the place running. Now days that's about all that's expected of public servants.
    It's a shame he wasn't more proactive but this is par for the course. It's better to toe the
    line and maintain the status quo than to buck the system and fail. Congress and his bosses
    need the bulk of the blame for what he did.
    tempus fugit extra philosophiam.
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    Cam40Cam40 Posts: 8,146
    Before he leaves could someone ask him where all those 2009 nickels are?
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    DieClashDieClash Posts: 3,688 ✭✭✭
    I miss Rep. Frank Annunzio. As for Director Edmund Moy - Good riddance!
    "Please help us keep these boards professional and informative…. And fun." - DW
    ---------------------------------------------------------------------------------------------------------------------------------------
    BONGO HURTLES ALONG THE RAIN SODDEN HIGHWAY OF LIFE ON UNDERINFLATED BALD RETREAD TIRES
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    dengadenga Posts: 922 ✭✭✭
    One wonders how some of those attacking Moy would have done in that job; one
    person wrote that he was the worst director ever, proving how little that person knows
    about the Mint and its former directors.

    The real problem has been Congress, with its endless useless commemoratives,
    surcharges, and hockey pucks that are a joke in very bad taste. The new palladium
    coins are even dumber; the director’s job is a rather difficult situation under ideal
    circumstances and a disaster waiting to happen under the conditions imposed by
    Congress the past few years.

    And just in case one of our political know-nothings chimes in with a partisan attack,
    it is both parties busy passing these worthless laws and doing nothing about Chinese
    counterfeits.

    Denga
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    JulianJulian Posts: 3,370 ✭✭✭


    << <i>One wonders how some of those attacking Moy would have done in that job; one
    person wrote that he was the worst director ever, proving how little that person knows
    about the Mint and its former directors.

    The real problem has been Congress, with its endless useless commemoratives,
    surcharges, and hockey pucks that are a joke in very bad taste. The new palladium
    coins are even dumber; the director’s job is a rather difficult situation under ideal
    circumstances and a disaster waiting to happen under the conditions imposed by
    Congress the past few years.

    And just in case one of our political know-nothings chimes in with a partisan attack,
    it is both parties busy passing these worthless laws and doing nothing about Chinese
    counterfeits.

    Denga >>



    image
    PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
    I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.

    eBaystore
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    SwampboySwampboy Posts: 13,248 ✭✭✭✭✭


    << <i>Phew, just in a nick of time --before we became the Royal Canadian Mint. >>




    image

    "Inspiration exists, but it has to find you working" Pablo Picasso

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    mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>

    << <i>Phew, just in a nick of time --before we became the Royal Canadian Mint. >>




    image >>

    image

    The mint makes what they're instructed to make. If there's a risk of following in the footsteps of Canada, it's probably the fault of someone other than the director of the mint.
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    DieClashDieClash Posts: 3,688 ✭✭✭
    To you "Congress bashers" I'd say yeah they have something to do with the current state-of-affairs of the U.S. Mint. Dead heads, Mike Castle Quarters and Prexy dollar initiatives and the horrible silver hockey pucks. But, it is the Director of the Mint's responsibility to execute the laws legislated by Congress and signed by the President. To that end, Moy has been a terrible public servant! The guy cannot execute the laws passed by Congress and Executed by the President. Again, Good Riddance Moy!

    Cheers!

    image

    Kirk
    "Please help us keep these boards professional and informative…. And fun." - DW
    ---------------------------------------------------------------------------------------------------------------------------------------
    BONGO HURTLES ALONG THE RAIN SODDEN HIGHWAY OF LIFE ON UNDERINFLATED BALD RETREAD TIRES
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    SwampboySwampboy Posts: 13,248 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Phew, just in a nick of time --before we became the Royal Canadian Mint. >>




    image >>

    image

    The mint makes what they're instructed to make. If there's a risk of following in the footsteps of Canada, it's probably the fault of someone other than the director of the mint. >>



    Congress is desiging websites now?

    "Inspiration exists, but it has to find you working" Pablo Picasso

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    << <i>He did give us the UHR $20. >>



    ...and One season only 2008 Buff fractionals.

    Thank you Mr. Moy image

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    EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    David Rittenhouse - April 1792–June 1795
    Henry William De Saussure - July 1795–October 1795
    Elias Boudinot October - 1795–July 1805
    Robert Patterson, LL.D. - January 1806–July 1824
    Samuel Moore, M.D. - July 1824–July 1835
    Robert Maskell Patterson, M.D. - May 1835–July 1851
    George N. Eckert, M.D. - July 1851–April 1853
    Thomas M. Pettit - April 1853–May 1853
    James Ross Snowden - June 1853–May 1861
    James Pollock, A.M., L.L.D. - May 1861–September 1866
    William Millward - October 1866–April 1867
    Richard Henry Linderman, M.D. - April 1867–May 1869
    James Pollock, A.M., L.L.D. - May 1869–March 1873
    Richard Henry Linderman, M.D. - April 1873–December 1878
    Horatio Chapin Burchard - February 1879–June 1885
    James Putnam Kimball - July 1885–October 1889
    Edward O. Leech - October 1889–May 1893
    Robert E. Preston - November 1893–February 1898
    George Evan Roberts - February 1898–July 1907
    Frank Aleamon Leach - September 1907–August 1909
    Abram Piatt Andrew - November 1909–June 1910
    George Evan Roberts - July 1910–November 1914
    Robert Wickliffe Woolley - March 1915–July 1916
    Friedrich Johannes Hugo von Engelken - September 1916–March 1917
    Raymond Thomas Baker - March 1917–March 1922
    Frank Edgar Scobey - March 1922–September 1923
    Robert J. Grant - November 1923–May 1933
    Nellie Tayloe Ross - May 1933–April 1953
    William H. Brett - July 1954–January 1961
    Eva Adams - October 1961–August 1969
    Mary Brooks - September 1969–February 1977
    Stella Hackel Sims - November 1977–April 1981
    Donna Pope - July 1981–August 1991
    David J. Ryder - September 1992–November 1993
    Philip N. Diehl - June 1994–March 2000
    Jay W. Johnson - May 2000–August 2001
    Henrietta Holsman Fore - August 2001–August 2005
    Edmund C. Moy - September 2006–January 2011

    Worst? I vote for Stella Hackel, for destroying decades of Mint correspondence.

    I think Moy is one our better mint directors if only because he was responsible for the MMIX Ultra High Relief $20 - a numismatic gift to us collectors. Who else has done something like that? Maybe Snowden and Linderman, who made restrikes for collectors. The production problems with the hockey pucks can't be blamed on him personally. Web site crashes might be a problem that he didn't anticipate. The recent pricing problems for the hockey pucks are due to his not paying close enough attention to the market, but is not something he could anticipate and change ahead of time. Perhaps not getting the Proof silver eagles out in 2009 is his fault. Perhaps because he was not paying attention to gaps in the production line

    My only hope his that he'll give a candid interview regarding the events of November 2004 after he leaves office.

    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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    CaptHenwayCaptHenway Posts: 34,050 ✭✭✭✭✭


    << <i>One wonders how some of those attacking Moy would have done in that job; one
    person wrote that he was the worst director ever, proving how little that person knows
    about the Mint and its former directors.

    The real problem has been Congress, with its endless useless commemoratives,
    surcharges, and hockey pucks that are a joke in very bad taste. The new palladium
    coins are even dumber; the director’s job is a rather difficult situation under ideal
    circumstances and a disaster waiting to happen under the conditions imposed by
    Congress the past few years.

    And just in case one of our political know-nothings chimes in with a partisan attack,
    it is both parties busy passing these worthless laws and doing nothing about Chinese
    counterfeits.

    Denga >>



    DOUBLE AMEN!!!!!!!
    TD
    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.
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    jmski52jmski52 Posts: 23,978 ✭✭✭✭✭
    Actually, I am looking forward to the palladium bullion coins - at least until we see how they are priced and distributed.

    Being bullion, I would expect that the Mint would severely restrict the pricing on these to $15,000 apiece.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    RaufusRaufus Posts: 7,374 ✭✭✭✭✭


    << <i>five years on the job and did nothing, i need a government job ! >>



    He'll probably get 80% of his salary, adjusted for inflation for life. The first installment will be immediate, in the form of 5 oz pucks, under the table (form an AP who seems to like that business model- who has not remained nameless in the big puck thread...).
    Land of the Free because of the Brave!
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    RaufusRaufus Posts: 7,374 ✭✭✭✭✭


    << <i>good. all coins under his watched sucked imho! >>



    The UHR sucked?
    Land of the Free because of the Brave!

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