Bored with US Mint Products

Anyone else out there bored with US Mint products lately? The Bald eagle program was a cool idea but when you make a gazzilian of them -sort of takes the heat out of the the flame.

The 10th anniversary "no-one-really-collects-platinum" set was pretty neat but not at 30,000 sets. (So, Mr Mint, what do you do with all those left over -unsold sets -polished boxes?)

Gold "First Wives" proof and UNC? ... At $500+ a pop and again ....a gazzilian of them?

Where's the real collectible cool stuff Mr. Mint? Your audience is waiting for something they can embrace.

I know, how about some limited mintages of our already circulating coinage in special Matte proof finishes -or better, gold colored coins made of real gold and silver.

zzzzzzzzzzzzzzzz

 

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you could always collect franklin mint stuff. lolololololololol

 

Think I am suffering from mint burn out. Other than the proof and mint sets, I am not sure I will buy anything else this year from the mint. Anyhow I want to collect some of the old Stuff.

 

Hi Jeff, the Platinum anniversary set is already above the US Mint original sell/purchase price in bullion alone.

Yeah, it was priced high at the time considering the mintages & all but in the long wrong ,platinum will probably hit $3000 an once before the year is over. Then I can sell the "regular" proof at melt & keep my reverse proof....

It is my first Platinum purchase ever by the way. Just a nice looking coin that I was willing to over pay for but knew it was worth the purchase.

Just don't buy from the mint if your bored.

Cheers

 

The Mint does what Congress tells it to do. You should write your Congressman.

 

I agree with the title of this thread.

 

Ditto and more so every year but whatever floats your boat I guess.

 

The last Mint product I bought was in 1985 or 1986.
Proof set.

Even at that time I could see it getting out of hand.

 

well that's why most collect older coins

modern coins lack enthusiasm
but I do like to collect the ASEs

 

True Spider,

I might add that older coins were produced to be used in everyday commerce. They weren't marketed for collecting.

I know it actually DOES happen from time to time as I've seen it first hand but how often does someone spend a proof coin or an ASE unless they are flat broke or it's stolen?

 

Very bored. I don't collect modern circulation coins at all, and will only collect modern commemoratives at bullion coin prices. Some of the gold commems from the 1980s are relatively cheap and pretty good looking. I'm one of the few people who really likes the $10 gold commem from 1984. And the 1988 Olympiad $5 gold commem is a fantastic looking coin. So I guess I'm not completely bored, but close.

 

that's two, the mint can do better

 

i love the proof sets. all 11ty billion of them. lol i think the mint is making coins just to be making coins at this point. just like if you can't figure out what the problem is you keep doing this and that and throwing everything at the problem hoping that the next idea will make it go away. seems like the mint is doing this.

 

Actually, you've got my attention.

Could you give a couple examples of what the mint could do that would produce "cool collectible stuff". I'm curious to see what you're looking for (really).

 

I understand that but were they producing any of the volume available today? Mass marketing, turning out commems before the Isabella?

Correct me if I'm wrong (and I'm sure you will) but back then one could get a proof of a coin that was meant for circulation. Not a bunch of themes and gimmicks as it were. The U.S. mint is following the footsteps of the USPS. Oversaturated crapshoot.

 

I have to disagree with "moderns lack enthusiasm" statement. Sure, the mint products are boring and common. Another proof, another year. But varieties and errors make it all worth wild - for me anyways.

I'm just a sucker for the hunt. I haven't gotten into older coins for the simple reason I can't go to the bank and get of a bag of them. There's no investment, only temporarily misplaced money, and the payoff could be good. Plus they're fun to find.

And its not like everything has been discovered either. A lot of them are found and documented the same year of release but not all. Just awhile back someone found a DDO on a 1982 Lincoln cent. Only a handful more have been reported since then...

Now thats just good clean fun!

 

When the Mint came to the table with the AE Reverse Proofs -that was clever and truly limited in production which has kept both the gold and silver series alive and highly sought after. A really brillian move by the Mint: Take an already favored collectible like the AE series and do something unique with it -instant hit.

So what do the minds at the mint come up with for the Platinum anniversay set? -the same model -worked before -will likely work again. But they spoiled it by making too many of them and doomed the series not to sell out. I too was first exited about this set until I learned they were making 30,000 of them. Had they made 10,000, I would not have cancelled my order (yes, I was worked into a lather initially and bought one before my brain registered that 30,000 was a very high number for platinum).

All they have to do is look at what has worked in the past -the data is there -collectors like UNIQUE, and LIMITIED.

So, I believe the next collectibel moment will be the Licoln penny in 2009 and they are planning special renditions and maybe a set or two if I recall. With that said, include a LIMITED matte proof or matte proof with silver commen or ...gold commen set.

They did a really great job on the Bald eagle series -but they put together a 3-coin set comprised of the 3 varieties of coins selling seperately? They thought by making 25K of these might dupe the crowds -but I'm not sure this set has even sold out yet !

Had they included a coin that you could NOT get seperatley in the series -they would have had an -instant success (i.e. sell out).

When historical moments arrive with each year -don't just mint a new commen, make something special out of what is already out there and package it like the 1998 Kennedy collector set -still selling strong -still hot.

Yea I know ...I should apply for a job at the mint :goof:

 

Bring back Lady Liberty.