Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Goals of the US Mint?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1295245, member: 26302"]Its a not for profit beauracracy. That should tell you up front it will be dysfunctional.</p><p><br /></p><p>SHOULD they care if people collect coins? Absolutely, (at least for all coins besides cents and nickels). Seignorage is pure profit, and the more "state quarter collectors" there are, the higher their seignorage. Collector coins already have automatic seignorage.</p><p><br /></p><p>Since it is like a said a governmental beaucracy, there is a lot more stuff going on, "power centers" to protect, promotions wanted, etc etc. If the mint were run by a for profit organization I am sure it would have much more dynamic customer relations and collector friendly attitude. I simply do not see that ever possible. </p><p><br /></p><p>Best we could ever hope for would be for a President who recognizes the problem and appoints business professionals as opposed to career beaurocrats to run it.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1295245, member: 26302"]Its a not for profit beauracracy. That should tell you up front it will be dysfunctional. SHOULD they care if people collect coins? Absolutely, (at least for all coins besides cents and nickels). Seignorage is pure profit, and the more "state quarter collectors" there are, the higher their seignorage. Collector coins already have automatic seignorage. Since it is like a said a governmental beaucracy, there is a lot more stuff going on, "power centers" to protect, promotions wanted, etc etc. If the mint were run by a for profit organization I am sure it would have much more dynamic customer relations and collector friendly attitude. I simply do not see that ever possible. Best we could ever hope for would be for a President who recognizes the problem and appoints business professionals as opposed to career beaurocrats to run it.[/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
>
US Coins Forum
>
Goals of the US Mint?
>
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...