Time for the Mint to Change — From Coin Week

Amen!

 

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Even just a couple years ago it was a snooze fest all year long. You could basically count the really hyped products overall on your fingers for several years.

That ruins the excitement though. Part of it is that anyone can get it. Some of the world mints do that special loyalty product stuff and most are big busts because if only they can get it then eh to most people. A special medal or reduced shipping costs, even a slight discount depending on what you spend a year would be a better way to give some reward without killing the product.

If you think the conspiracy theories are bad now, just imagine is only certain people where even allowed to buy them lol.

I'm not against some sort of thank you product, but if you limit these exciting products just to them you kill the excitement.

 

Perhaps they could put the exciting specials on the Subscribe List and let them have first chance. That list pretty much represents the regulars.

 

Fair points. I guess my idea is to have some of these unavailable to be bum rushed by huge dealers. Its not fair for someone who supports the mint to have to compete against 500 paid workers in order to compete for something.

We can agree to disagree, but I don't think giving an advantage to long term customers would kill it. Maybe more people would become purchaser of the mint in order to have these opportunities. Maybe 1 day in advance would be too much, maybe the mint could allow them to order one hour in advance of everyone else. Just something to prevent the large dealers from purchasing most of these just to jack up prices on the aftermarket, and make regular collectors feel they were cheated. That is what everyone is mad about.

 

Problem is though thats part of what drives it.

Check out the special releases from Canada for their big purchasers, no where near the excitement

Why though? For 20-30 years in the future if not longer if you need to be a long time purchaser to get a shot? Lose money for a couple decades hoping for a thing here and there?

Most large dealers buy many in the aftermarket. Unless you make it illegal to sell thing dealers will always get them and doing so would kill everything.

I don't understand why so many hate dealers for buying things yet so many who say dealers shouldn't be able to buy modern products always say find a good dealer to buy from.

Many will be mad no matter what. Mad they bought something that was mass produced and loss value, mad they missed out on a hot product, mad things arent exactly how they want it etc.

The mints done a great job lately of getting some exciting stuff here and there which is a small amount of their products

 

Shortly after the 2011 5 coin ASE Anniversary Set was sold out. I was communicating with a dealer on a related issue. He showed me a picture of his office wall. He had hundreds of 5 coin sets in mint shippers of 5 sets each. There was a 5 set limit and he must have had a bunch of sources. I think they went for about $750 right after sold out. I don't think it is right, but it was common.

 

Nothing will stop aftermarket sales other than making it illegal to resell and than no one would buy something in that case

 

My idea would not stop dealers from buying, but it WOULD stop them from hiring thousands from flooding the mint on the second they are offered to buy them before collectors can. If the dealers wanted them, they would be forced to buy them off long time mint customers. Might be harder/more expensive to do that, which is why those who make money off the process fight it so much everywhere they can, including collector websites.

Whatever, I don't have much skin in this game. I only buy modern stuff for my small children except coins of their birth year and APE. I won't lose sleep over it.

 

Which again what's the point of getting excited about something if you have to have been buying things for decades?

What happens when there's more customers from the 90s or earlier than product? Does it then go by how much they spend?

That system would destroy all excitement and why care if you have to buy things for half your life or more to get a shot?

 

The best words in this thread.

Now, back to my search for an MS-66 1934-D Lincoln Cent.