It was certainly misleading, but the end result to the buyer isn't horrible, as the proof will have a max of 325k, and I'd guess they don't go over 300k. However, the end result to the mint is a bad rep among collectors. So it goes.
The mint claimed these coins would be unique to this set. I recall reading a statement by someone at the mint (in coinworld? I forgot...) who backpedaled and basically admitted they falsified the offering, knowing they would soon thereafter release the currency set.
The mint is not in the business of creating money making opportunities for others. That's what Amway, Avon and Herbalife is for.
When I think of popular, I think of it being well known and used. Outside the coin collecting / bullion community, I can't find ANYONE who knows what an ASE is. Just because we all do, doesn't mean the common joe does. You show them a Lincoln cent, instantly recognizable. Show them an ASE, they scratch their head. If the ASE was the most popular US coin, I would think more people would know of it. What was this thread about anyway? lol
It’s about the 2013 ASE Set. Unfortunately, part of that discussion involves how can the mint possibly screw this up and screw us again.
So Rick, you're a mint employee too? Who else would say what the mint relies on at the bottom of their posts? It's easier to fool people than to convince them that they have been fooled.
The Mint never once in its advertising for this set said that the coins contained within would be exclusive to this set. It was pure speculation and just because someone in Coin World says it is doesn't mean that the Mint says it is. People assumed that they would be, but it was never explicitly stated. The reverse proof coin is exclusive to this set and in and of itself makes the set valuable. If you're upset because your other coin is worth less than you expected, then I think you're missing what coin collecting is really all about. Call me a Mint apologist if it makes you feel like your point is any more valid, but I think you made an assumption and are upset that you were wrong.
and you're welcome to your opinion as well, even if we disagree. My statement of "the most popular coin in US history" is referring to a coin that is minted based solely on demand. Not for commerce, but purely commercial demand and each year millions are sold. I didn't say most popular design, (which could be argued that it is), nor did I say most collected (as is the case of the Lincoln Cent). I said most popular coin. This coin offers a unique case study in that it is sold as a stand-alone item. It is sold in bullion, uncirculated and proof forms. Not as part of any set, but by itself. There is no need for this coin in circulation and indeed it doesn't circulate as money and yet millions upon millions of them are sold every year.
I asked him directly, Ken. statequarterguy suggested that Clint is right (his claim is evidenced by a second hand Coin World story) and used it as a chance to take a cheap shot at me, but he hasn't answered.
The mint employee that was interviewed by CW allowed CW to say both coins were exclusive to the set. Call it a lie by omission, an omission of what the mint employee knew to be the truth. Unfortunately, what we have with the mint is consumer abuse enabled by incompetence and disregard for ethics that only monopoly powers afford.
A Mint employee talking to Coin World is NOT the US Mint making claims. When you purchased the set, did you buy it through Coin World or the US Mint? When you purchased it, what did the seller tell you? That's the pertinent fact here. You're upset because you purchased the coin speculating that it would be exclusive when the Mint said no such thing to you. That's not a Mint apology, that's me telling you that you assumed and guessed wrong. If you don't want the coin, don't buy the set. If you want to flip coins to make money I suggest that you choose your opportunities more wisely and stop making assumptions based on sources other than the seller. The seller is the one held accountable for claims because it is there that the actual promise is made, not reports in the press.
Well, certainly not a gazillion. But, HECK YES, I paid the price I did because the mint led us to believe both coins were exclusive to the set. I don’t really want to continue rehashing what most believe. So, let’s just leave it with watchout on the 2013 set. To my original point, it wouldn't be the first time the mint screwed us.