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<p>[QUOTE="yakpoo, post: 830563, member: 18157"]I've been a fairly strong supporter of the First Spouse program from 2008 when I began collecting the series. Of course, that was based on the fact that each First Spouse design would be sold by the Mint for one year (52 weeks), only. At the end of that period, the dies would be defaced and any remaining coins destroyed. That certainly was the impression the Mint projects through their sponsored online Blogs and published "final" mintages.</p><p> </p><p>Then things began to change. First, sales of the Jackson proof were ended three (3) weeks early, then the Van Buren coins were sold an extra week, and now the Anna Harrison coins are to stay on sale indefinately. I, like many other US Mint customers, make purchasing decisions based the program's "rules" as stated/implied by the Mint itself.</p><p> </p><p><a href="http://www.law.cornell.edu/uscode/31/usc_sec_31_00005112----000-.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.law.cornell.edu/uscode/31/usc_sec_31_00005112----000-.html" rel="nofollow">Title 31, subsection 5112(o), </a>which outlines the parameters of the First Spouse program seemed clear...the First Spouse coin was to be "issued" during the same period as the corresponding Presidential dollar (four per year, except when there were more than one (1) spouse per president in a given year). It's clear now that the term "issued" means "minted"; not "sold". </p><p> </p><p>If you take the "issued = sold" interpretation (which is the only interpretation that makes the Mint's current actions legal), the Mint can produce up to a total of 40,000 coins between Proof and Uncirculated grades and distribute them as they like until the end of the First Spouse program...early 2016. <b>And to your point, I would suggest there's a <span style="color: red">HUGE</span> difference between a mintage of 10,000 vs. 40,000.</b></p><p> </p><p>So here's my beef...why don't they "Man-up" and clearly state the rules of their program up front, instead of trying to cheat their customers by creating the "impression" these coins are much rarer than they actually are. Why should US Mint customers have to consult an attorney just to figure out what the Mint can/can't do? <b>FRAUD</b> is the only word that comes to mind.</p><p> </p><p><b><span style="color: red">Director Moy</span> has screwed up too many coin programs up on his watch and <span style="color: red"><span style="color: black">he</span> has GOT to go</span>!!! :loud:</b>[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 830563, member: 18157"]I've been a fairly strong supporter of the First Spouse program from 2008 when I began collecting the series. Of course, that was based on the fact that each First Spouse design would be sold by the Mint for one year (52 weeks), only. At the end of that period, the dies would be defaced and any remaining coins destroyed. That certainly was the impression the Mint projects through their sponsored online Blogs and published "final" mintages. Then things began to change. First, sales of the Jackson proof were ended three (3) weeks early, then the Van Buren coins were sold an extra week, and now the Anna Harrison coins are to stay on sale indefinately. I, like many other US Mint customers, make purchasing decisions based the program's "rules" as stated/implied by the Mint itself. [URL="http://www.law.cornell.edu/uscode/31/usc_sec_31_00005112----000-.html"]Title 31, subsection 5112(o), [/URL]which outlines the parameters of the First Spouse program seemed clear...the First Spouse coin was to be "issued" during the same period as the corresponding Presidential dollar (four per year, except when there were more than one (1) spouse per president in a given year). It's clear now that the term "issued" means "minted"; not "sold". If you take the "issued = sold" interpretation (which is the only interpretation that makes the Mint's current actions legal), the Mint can produce up to a total of 40,000 coins between Proof and Uncirculated grades and distribute them as they like until the end of the First Spouse program...early 2016. [B]And to your point, I would suggest there's a [COLOR=red]HUGE[/COLOR] difference between a mintage of 10,000 vs. 40,000.[/B] So here's my beef...why don't they "Man-up" and clearly state the rules of their program up front, instead of trying to cheat their customers by creating the "impression" these coins are much rarer than they actually are. Why should US Mint customers have to consult an attorney just to figure out what the Mint can/can't do? [B]FRAUD[/B] is the only word that comes to mind. [B][COLOR=red]Director Moy[/COLOR] has screwed up too many coin programs up on his watch and [COLOR=red][COLOR=black]he[/COLOR] has GOT to go[/COLOR]!!! :loud:[/B][/QUOTE]
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