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<p>[QUOTE="umtrr-author, post: 194564, member: 5719"]We might not even bother to start a collection of these. I'm pretty underwhelmed with the design, for one thing. For me that knocks out one of the tenets of investment appreciation for collectable items that have no intrinsic value- attractiveness. </p><p><br /></p><p>Another tenet is scarcity-- don't have that either.</p><p><br /></p><p>I suppose that the case could be made that there are enough people out there that could be made to believe that buying and holding would be an "investment"-- and therefore the people who cheerfully provide the coins for that "investment" may see a return on <b>their</b> investment. I think that the "advertising" for these coins will border on the unethical at times in order to project the perception that they will be somehow much rarer than they are. (I'm not implying that with respect to anyone on this thread; I'm thinking more about some of the well known marketers-- you can fill in the blanks.) </p><p><br /></p><p>The state quarters may have netted some folks thousands of percent, but they had the distinct advantage of being circulated. The Presidential dollars, as were the Sac, SBA, Ike Dollars before them, are a non-starter in pocket change unless and until the dollar bill is retired or there is a mass epiphany among the vending machine manufacturers of the world.</p><p><br /></p><p>I'm doing my part to get the word out-- based on another thread here, I ordered up a bunch of promotional material from the US Mint for Thalia Elizabeth's first grade class. I don't know whether that will spark any interest and perhaps result in some new Young Collectors, but I do know for sure it won't put a dent of the smallest size in the overall mintage figures I've heard tossed about.</p><p><br /></p><p>In my opinion, the Mint had better take it easy on the commemoratives, lest the golden goose be killed off following the accelerating issuance of ever larger numbers of more outrageous and less relevant "numsimatic items." (Royal Canadian Mint, anyone?)[/QUOTE]</p><p><br /></p>
[QUOTE="umtrr-author, post: 194564, member: 5719"]We might not even bother to start a collection of these. I'm pretty underwhelmed with the design, for one thing. For me that knocks out one of the tenets of investment appreciation for collectable items that have no intrinsic value- attractiveness. Another tenet is scarcity-- don't have that either. I suppose that the case could be made that there are enough people out there that could be made to believe that buying and holding would be an "investment"-- and therefore the people who cheerfully provide the coins for that "investment" may see a return on [b]their[/b] investment. I think that the "advertising" for these coins will border on the unethical at times in order to project the perception that they will be somehow much rarer than they are. (I'm not implying that with respect to anyone on this thread; I'm thinking more about some of the well known marketers-- you can fill in the blanks.) The state quarters may have netted some folks thousands of percent, but they had the distinct advantage of being circulated. The Presidential dollars, as were the Sac, SBA, Ike Dollars before them, are a non-starter in pocket change unless and until the dollar bill is retired or there is a mass epiphany among the vending machine manufacturers of the world. I'm doing my part to get the word out-- based on another thread here, I ordered up a bunch of promotional material from the US Mint for Thalia Elizabeth's first grade class. I don't know whether that will spark any interest and perhaps result in some new Young Collectors, but I do know for sure it won't put a dent of the smallest size in the overall mintage figures I've heard tossed about. In my opinion, the Mint had better take it easy on the commemoratives, lest the golden goose be killed off following the accelerating issuance of ever larger numbers of more outrageous and less relevant "numsimatic items." (Royal Canadian Mint, anyone?)[/QUOTE]
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