Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Hyper-inflation has come to the United States Mint
>
Reply to Thread
Message:
<p>[QUOTE="johnmilton, post: 26682622, member: 101855"]Compared to the total revenue the Federal Government received, the profits from numismatic coins is small, almost insignificant. That was why the games the mint played to maximize its profits on the sale of “last cents” made me angry.</p><p><br /></p><p>There was no excuse for doing that. A far larger number of collectors should have had a shot. As it was the prices kept most collectors on the sidelines.</p><p><br /></p><p>To top it off, some of the coins were lousy with ugly spots on them, despite the fact they had fancy grades like “MS-65.” There was no excuse for not giving these coins special handling at the mint.</p><p><br /></p><p>As I posted before, the mint has ceased to be the collectors’ friend. In the past it boosted the hobby with affordable kids programs. Now it’s mostly about maximizing the mint’s revenue stream.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 26682622, member: 101855"]Compared to the total revenue the Federal Government received, the profits from numismatic coins is small, almost insignificant. That was why the games the mint played to maximize its profits on the sale of “last cents” made me angry. There was no excuse for doing that. A far larger number of collectors should have had a shot. As it was the prices kept most collectors on the sidelines. To top it off, some of the coins were lousy with ugly spots on them, despite the fact they had fancy grades like “MS-65.” There was no excuse for not giving these coins special handling at the mint. As I posted before, the mint has ceased to be the collectors’ friend. In the past it boosted the hobby with affordable kids programs. Now it’s mostly about maximizing the mint’s revenue stream.[/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
>
Hyper-inflation has come to the United States 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...