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<p>[QUOTE=&quot;medoraman, post: 1964211, member: 26302&quot;]All of this, to me, is missing the point. </p><p><br /></p><p>Let&#039;s recap. The mint shows up to the ANA show with a bunch of new coins. THis is the first place you can physically receive them. The mint, knowing there will large demand for these, puts in place a one coin per customer policy. Jwitten stands in line, buys one, and then sells it. To me, good for him if he makes a profit. He bought it for himself personally, he followed every rule and intention the mint put in place.</p><p><br /></p><p>Contrast this to some dealers. They know the mint put in place a one coin per person policy so that the most people, (collectors presumably), could buy the coin at the ANA show. Well, that is not good enough for them, since they do not want one profit but 100, so they INTENTIONALLY violate the spirit of the rules and hire 100 day laborers to stand in line. Is anyone really saying these two situations are the same????</p><p><br /></p><p>I am a CFO, I am all about making profit. However, &quot;pure capitalism&quot; does not mean you are allowed to violate laws, rules, and regulations in order to do so. I am in the food industry, we work hard every day trying to earn our profit. One thing we would NEVER, EVER do, though, is to violate FDA rules and regulations concerning food. Nor would we violate EPA environmental guidelines, or any other applicable laws or regulations. &quot;Pure capitalism&quot; is not a license to do whatever you feel like, laws and rules be damned. It means, within the given regulatory structure, working your hardest to make your profit.</p><p><br /></p><p>The dealers who did this do not care about all of the collectors at the ANA they screwed over, they do not care about the hobby or coin collectors, they do not care one dang thing about anything other than making a dollar for themselves. They are the type of people who would lie or cheat a customer to make a sale, they would break laws if it enabled them to make another $5, and they are the type that would rip off an old lady paying her thirty cents on the dollar or less for her husbands coin collection if she didn&#039;t know any better. Think about it, if they KNOWINGLY and INTENTIONALLY screwed over hundreds of coin collectors at the ANA convention this week, why would a conscientious collector wish to EVER buy anything from them, knowing this is how they abuse the hobby?</p><p><br /></p><p>Now, is the mint somewhat to blame also? A little. They tried to do the right thing, but lacked proper followup. They should have made everyone swear and sign they are only buying it for themselves, and that no one paid them to stand in line. Short of something like that, the mint should have just stopped pretending they were trying to do the right thing and sold all 500 each day to the first dealer in line and be done with it. So yes, the mint once again completely screwed up distribution, but the main evil player here is those dealers who paid BUSLOADS of temps to come in and screw over coin collectors. I will be paying attention to dealer advertisements in the next few months and will have to assume dealers with large stockpiles of these ANA coins are the bad actors, and remember that and remind other collectors for decades what kind of snakes they are.[/QUOTE]</p><p><br /></p>

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