Why are US coin prices dropping?

Discussion in 'US Coins Forum' started by Rushmore, Apr 26, 2017.

  1. fish4uinmd

    fish4uinmd Well-Known Member

    And ANY reading, even if it's a comic book, promotes literacy. And it's not just reading of course.
     
    mynamespat and Bman33 like this.
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  3. -jeffB

    -jeffB Greshams LEO Supporter

    Except reading social-media posts.
     
    HawkeEye likes this.
  4. HawkeEye

    HawkeEye 1881-O VAMmer

    Lectio doctrina promovet
     
    jester3681 likes this.
  5. Bman33

    Bman33 Well-Known Member

    I'm going to re-read all my Green Lantern Comic Books.
     
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  6. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    I was overhearing a conversation in high school, and a couple of guys were bragging to each other about how long it has been since they had read from a book (~3 or so years at the time). And I am sure they weren't outliers.
     
  7. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    I think a few grammatical mistakes here and there happen to everyone. That is why we proofread and ask others to proofread for us. For example, sometimes I forget to include a comma or word because I am thinking further ahead in the sentence than I am. There was a single mistake in my college application essay because I had changed the subject os a sentence and forgot to update the preticate.
     
  8. Michael K

    Michael K Well-Known Member

    predicate

    This was just a test right?
     
  9. Cheech9712

    Cheech9712 Every thing is a guess

    I take it that you don't live in urban america. Did you ever watch Leno's Jay Walking
     
  10. green18

    green18 Unknown member Sweet on Commemorative Coins

    Where the devil is 'Chong'?
     
  11. green18

    green18 Unknown member Sweet on Commemorative Coins

    Or, for that matter, Fireside Theater. You youngsters wouldn't remember that one, but Google is your friend.
     
  12. -jeffB

    -jeffB Greshams LEO Supporter

    Firesign?
     
    green18 likes this.
  13. green18

    green18 Unknown member Sweet on Commemorative Coins

    Shoot, you're right.......had an FDR moment and obstruction......:)
     
  14. GaryLomax

    GaryLomax I collect, therefore I am

    What the US Mint needs to do to bring in more younger or casual collectors is inject into the money supply via banks, coin rolls and mint sets various random Uncommon, Rare and Ultra Rare versions of circulated coinage. Imagine certain nickels stamped "1 of 10,000" or random Fine Silver quarters or lincoln cents where he faces the opposite direction.
    Create a true desire to collect, learn, and hunt. The possibilities are endless.
     
  15. green18

    green18 Unknown member Sweet on Commemorative Coins

    And the Care Bears are lovely and world peace is at hand........
     
  16. sakata

    sakata Devil's Advocate

    This makes little sense. if it is deliberate then it is not an error. it would require its own KM# and it would be a different type. As such it would immediately become a rarity for people who wanted a complete collection and would demand a high price. For many people, me included, it would become a gimmick token coin and not worth the trouble to bother with.
     
  17. GaryLomax

    GaryLomax I collect, therefore I am

    Yea, I knew you guys would hate the idea.:blackeye:

    But every time I have mentioned similar ideas to my non-coin collecting family members, especially younger ones like my nephews, they like the idea. Its sorta like how certain collectable trading card games work.
     
  18. sakata

    sakata Devil's Advocate

    But don't forget, whatever we may think, the US Mint is in the business of producing coins for circulation. Producing coins for collectors is only a side business.
     
  19. green18

    green18 Unknown member Sweet on Commemorative Coins

    Quite understand. Buy from the Mints.......especially the Canadian one. The most Care Bears for collectors reside there.........Still, I see where you are coming from Gary. Ain't gonna happen, sadly, as all collecting seems to be put on the back burner when it comes to major industry.
     
  20. baseball21

    baseball21 Well-Known Member

    Many countries very successfully do such a thing. The silver idea is certainly absurd as no country will lose money on the money they put out, but Australia as one example does a lot of circulating commemoratives.
     
  21. HawkeEye

    HawkeEye 1881-O VAMmer

    Perhaps this points to why the Mint is always a little behind the ball. In business you would call this a loss leader to build interest and customer loyalty. But on the flip side, I noticed that the Canadian Mint has a lot of coins with very limited production, often 500 to 1,500. True their population is much lower and I would assume their collectors proportionally smaller, but it probably boost the interest in these limited editions. They also seem to do a lot of these series focusing on children. I assume the serious collectors spend their time on circulation and proof coins just like in other countries.
     
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