David J. Ryder resigned as U.S. mint director as of Oct. 1st 2021

Don't know if yall saw the news but David J. Ryder resigned as mint director effective Oct. 1st. And will be replaced with Alison Doone as the new Acting Director of the U.S. Mint.

Ryder was good for dealers and flippers, releasing instant rarities for the secondary market. Does this mean the end of the crazy website stability issues and the mint "chase coins" each year? I feel like for as many new people he brought interest of coins to with his promotional ideas, he chased off many old customers that didn't want to deal with the website nonsense or didn't like the chase coin rush to a sell out atmosphere.

Anyways thats the news.

 

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What a convenient time to do so...

I imagine next month will be nothing short of a train wreck.

 

The Director of the Mint doesn't control instant rarities or chase coins. Those require an act of Congress. The Director does however have control over the efficiency of the website nonsense.

 

Sad to seem him go. He actually made the US Mint exciting again and caught it back up to the elite mints of the world, something it hadnt been for years before him.

As far as the website you guys do realize if the website worked perfectly on the high demand issues they would be sold out in literal seconds? If the special issues stop with his departure the site wont be an issue anymore since no one will want the products just like before.

Overall he did a great job and the excitement was good for everyone including the hobby.

 

I can't help but wonder if it's got anything to do with the delivery of the Morgan and peace dollars that will need to be handled coming up here and him not wanting to be around for that....

Also the chase and instant rarities are the mint directors doing. Congress needs to authorize the striking, the mint director can decide on mints doing it, finishes with limited mintages within the law.
For instance the W quarters had nothing to do with congress.

 

Yeah, this is too funny. I was thinking same thing. A lot of Morgans and Peace dollars to get out just around the corner. Now there's nobody to blame for whatever happens. If they even get produced. Haven't seen a photo of an actual one yet. Just computer images.

 

Words seldom used together!

 

He raised prices on coins and medals through the roof.......

 

Check out the major world mints pricing, it was still below that. People actually wanting them again with exciting stuff was a nice change of pace for a mint that had been irrelevant for years before

 

I never understood this aspect of the mint. I would think they could sell more if the prices were better suited to the collector on a budget.