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<p>[QUOTE="statequarterguy, post: 2111949, member: 21782"]Coin collecting is alive and well on the internet. Those who are not computer savvy don’t see it and only judge by what they see at shows and B&M dealers. With today’s technology, guarantees, and variety online, the internet is the preferred way to purchase coins. One can peruse many more offerings than a show or B&M offers, sans the input from shyster dealers and their high pressure sales tactics and be guaranteed they like what they receive or their money will be refunded.</p><p> </p><p>Has the U.S. Mint gone too far? Possibly, yet, we are all free to limit our purchases. Yes, it is a turnoff to not be able to afford all they produce, so some collectors may choose to leave the hobby. Yet, this fact creates some true rarities when compared to historical production figures (mintages).</p><p> </p><p>Do B&M and show dealers like the Mint? Heck no! Why? There’s only so much money spent on coins and look at the millions spent at the Mint – the Mint is the largest coin dealer. So, what do dealers say, they claim you’ll loose on Mint products by comparing today’s low mintage products to past high mintage products – they’re comparing apples & oranges.</p><p> </p><p>I spent very little at the last show I went to because I’m saving for the next Mint product - once I triple my money on that purchase, I may buy some classic coins with some of the profit, but the majority will be spent on the next Mint product.</p><p> </p><p>If the Mint is ever reined in by Congress, as it was with the commemorative program after 1996, the fewer products offered will cause higher sales for each product, and we’ll look back at this period as the “Golden Age” of Mint products.[/QUOTE]</p><p><br /></p>
[QUOTE="statequarterguy, post: 2111949, member: 21782"]Coin collecting is alive and well on the internet. Those who are not computer savvy don’t see it and only judge by what they see at shows and B&M dealers. With today’s technology, guarantees, and variety online, the internet is the preferred way to purchase coins. One can peruse many more offerings than a show or B&M offers, sans the input from shyster dealers and their high pressure sales tactics and be guaranteed they like what they receive or their money will be refunded. Has the U.S. Mint gone too far? Possibly, yet, we are all free to limit our purchases. Yes, it is a turnoff to not be able to afford all they produce, so some collectors may choose to leave the hobby. Yet, this fact creates some true rarities when compared to historical production figures (mintages). Do B&M and show dealers like the Mint? Heck no! Why? There’s only so much money spent on coins and look at the millions spent at the Mint – the Mint is the largest coin dealer. So, what do dealers say, they claim you’ll loose on Mint products by comparing today’s low mintage products to past high mintage products – they’re comparing apples & oranges. I spent very little at the last show I went to because I’m saving for the next Mint product - once I triple my money on that purchase, I may buy some classic coins with some of the profit, but the majority will be spent on the next Mint product. If the Mint is ever reined in by Congress, as it was with the commemorative program after 1996, the fewer products offered will cause higher sales for each product, and we’ll look back at this period as the “Golden Age” of Mint products.[/QUOTE]
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