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<p>[QUOTE="V. Kurt Bellman, post: 1966088, member: 71723"]If that's how you feel, I regret to inform you I believe you are a fool. This is a matter of contracts and reasonable expectations of what is allowed. Let me illustrate. </p><p><br /></p><p>Everything that is considered to be in the normal course of business for any table holder is allowed by implication. Warranty of suitability for a particular purpose. For the US Mint, they have sold brand new issues for years. What has changed? Special slabs from PCGS and NGC now exist and people bid them up. Having contracted with the Mint, the ANA had no ability to alter the terms of the contract after the fact. That's why contracts exist. There are SOME prohibitions in the pre-existing contract. No counterfeits, even if revealed as such. Coin club tables are gratis, but the prohibition against competing with commercial dealers will get a club banned. </p><p><br /></p><p>Now everyone knows what the market is like when special slabs create artificial rarity. Keep in mind that this is an unlimited "mint to demand" issue, unlike the Baseball HOF coins. Now all US Mint contracts with ANA will give the ANA what it never needed before, but now does - the ability to restrict Day 1 releases. </p><p><br /></p><p>Your claim that if they can do it from now on means they could have done it this year is frankly ignorant hogwash, sir.[/QUOTE]</p><p><br /></p>
[QUOTE="V. Kurt Bellman, post: 1966088, member: 71723"]If that's how you feel, I regret to inform you I believe you are a fool. This is a matter of contracts and reasonable expectations of what is allowed. Let me illustrate. Everything that is considered to be in the normal course of business for any table holder is allowed by implication. Warranty of suitability for a particular purpose. For the US Mint, they have sold brand new issues for years. What has changed? Special slabs from PCGS and NGC now exist and people bid them up. Having contracted with the Mint, the ANA had no ability to alter the terms of the contract after the fact. That's why contracts exist. There are SOME prohibitions in the pre-existing contract. No counterfeits, even if revealed as such. Coin club tables are gratis, but the prohibition against competing with commercial dealers will get a club banned. Now everyone knows what the market is like when special slabs create artificial rarity. Keep in mind that this is an unlimited "mint to demand" issue, unlike the Baseball HOF coins. Now all US Mint contracts with ANA will give the ANA what it never needed before, but now does - the ability to restrict Day 1 releases. Your claim that if they can do it from now on means they could have done it this year is frankly ignorant hogwash, sir.[/QUOTE]
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