Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Coin pet peeves?
>
Reply to Thread
Message:
<p>[QUOTE="krispy, post: 1942475, member: 19065"]Coin pet peeves:</p><p><br /></p><p>Coin legislation and the US Mint for permitting any group with the money to lobby or coerce legislators with these profit making sales objects (coins) signed into law to be minted for promoting just about any group, organization or anniversary as a "commemorative". That's what private mints (Franklin, New York, PobJoy, et al.) were (are) for.</p><p><br /></p><p>And the same, for introducing marketing gimmicks that have turned the mint into a factory churning out several NIFC collectible "products" (not coins) every year, which are "consumed" by greed, and increasingly less so by "coin collectors."</p><p><br /></p><p>An anniversary coin for the 50th year of the Kennedy coin design isn't special it's a gimmick struck in as many varieties as possible to convince enough people to buy them. The 75th anniversary of the SF Mint (in it's current building) issued as a special Silver Eagle coin set which amounted to an anniversary for a mint at a given address, and not recognizing the actual full historical anniversary of the Mint branch in SF going back to the 1850s. Marketing gimmicks like limited new coin releases to those able to attend major coin shows, while others have to wait months to take delivery of new coins. Marketing teams trying to create "firsts" and one-time only offerrings, then over-turning them a few years later: Reverse Proofs are growing in numbers, now it's domed-coins... Also the skimping on quality by flaunting new technology, laser etched dies, as better than traditionally struck proof coins-- the comparison of newer coins to older proofs is huge. The current techniques look crude and blanket the coins' already weak designs as the <i>applied proof-effect</i>, they are. New technology such as this has one goal in mind, maintaining profits, ahead of and not for, quality.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1942475, member: 19065"]Coin pet peeves: Coin legislation and the US Mint for permitting any group with the money to lobby or coerce legislators with these profit making sales objects (coins) signed into law to be minted for promoting just about any group, organization or anniversary as a "commemorative". That's what private mints (Franklin, New York, PobJoy, et al.) were (are) for. And the same, for introducing marketing gimmicks that have turned the mint into a factory churning out several NIFC collectible "products" (not coins) every year, which are "consumed" by greed, and increasingly less so by "coin collectors." An anniversary coin for the 50th year of the Kennedy coin design isn't special it's a gimmick struck in as many varieties as possible to convince enough people to buy them. The 75th anniversary of the SF Mint (in it's current building) issued as a special Silver Eagle coin set which amounted to an anniversary for a mint at a given address, and not recognizing the actual full historical anniversary of the Mint branch in SF going back to the 1850s. Marketing gimmicks like limited new coin releases to those able to attend major coin shows, while others have to wait months to take delivery of new coins. Marketing teams trying to create "firsts" and one-time only offerrings, then over-turning them a few years later: Reverse Proofs are growing in numbers, now it's domed-coins... Also the skimping on quality by flaunting new technology, laser etched dies, as better than traditionally struck proof coins-- the comparison of newer coins to older proofs is huge. The current techniques look crude and blanket the coins' already weak designs as the [I]applied proof-effect[/I], they are. New technology such as this has one goal in mind, maintaining profits, ahead of and not for, quality.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Coin pet peeves?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...