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ASE reverse redesign.
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<p>[QUOTE="coleguy, post: 1899675, member: 9167"]While I personally have little interest in this as a collector, it does interest me as a numismatist. Heres what I think the Mint is up to, or will be shortly;</p><p><br /></p><p>They know that at least 90% of ASE sales are not collectors, but rather stackers and small time investors, who will year in and year out buy the bullion coin whether it has the same design, a design of Martha Washington on the toilet, or a new design every 22 days. It irrelevant. But, they also are greedy, and would love to attract people who would otherwise never buy a simple bullion coin. Thus they started with the crazy reverse proofs and "special" editions and so forth. I think it's a matter of time before they start treating them like a cheesy commemorative quarter series and changing the design yearly, if not multiple times yearly, with "special" editions for each new design. Before you know it, and this is the part the Mint really loves, collectors who are obsessed with staying current will be forking over thousands of dollars a year to stay up to date, gaining a broader percentage of sales via the collecting community.</p><p><br /></p><p>Pessimistic? Sure. But, it doesn't take a genius to figure out the US Mint and their sketchy tactics.[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 1899675, member: 9167"]While I personally have little interest in this as a collector, it does interest me as a numismatist. Heres what I think the Mint is up to, or will be shortly; They know that at least 90% of ASE sales are not collectors, but rather stackers and small time investors, who will year in and year out buy the bullion coin whether it has the same design, a design of Martha Washington on the toilet, or a new design every 22 days. It irrelevant. But, they also are greedy, and would love to attract people who would otherwise never buy a simple bullion coin. Thus they started with the crazy reverse proofs and "special" editions and so forth. I think it's a matter of time before they start treating them like a cheesy commemorative quarter series and changing the design yearly, if not multiple times yearly, with "special" editions for each new design. Before you know it, and this is the part the Mint really loves, collectors who are obsessed with staying current will be forking over thousands of dollars a year to stay up to date, gaining a broader percentage of sales via the collecting community. Pessimistic? Sure. But, it doesn't take a genius to figure out the US Mint and their sketchy tactics.[/QUOTE]
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ASE reverse redesign.
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