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<p>[QUOTE="statequarterguy, post: 2123773, member: 21782"]Aside from flippers affecting the modern market, anyone ever think about how the U.S Mint affects it? The Mint appears to have an insatiable greed that has both a negative and positive affect on the market. Each year the Mint offers more & more products that spread the available coin money over more & more products, causing lower sales of each product. Since a new product is constantly offered, there’s little time to chase a prior product, as the available money is spent on the new product. To add fuel to lower sales, the Mint raises its profit margin, so that its profit is not affected. Last year, even though sales were lower, profit was up.</p><p> </p><p>The positive affect is that if you can hang in there and buy the right products at higher prices, you may wind up with low mintage coins. </p><p> </p><p>I don’t know, will the Mint ever be reined in or will we continue to see more & more products offered? It took an act of Congress to stop the abuses in the commemorative program. Will enough of us complain to Congress about current Mint abuses to cause them to take action?[/QUOTE]</p><p><br /></p>
[QUOTE="statequarterguy, post: 2123773, member: 21782"]Aside from flippers affecting the modern market, anyone ever think about how the U.S Mint affects it? The Mint appears to have an insatiable greed that has both a negative and positive affect on the market. Each year the Mint offers more & more products that spread the available coin money over more & more products, causing lower sales of each product. Since a new product is constantly offered, there’s little time to chase a prior product, as the available money is spent on the new product. To add fuel to lower sales, the Mint raises its profit margin, so that its profit is not affected. Last year, even though sales were lower, profit was up. The positive affect is that if you can hang in there and buy the right products at higher prices, you may wind up with low mintage coins. I don’t know, will the Mint ever be reined in or will we continue to see more & more products offered? It took an act of Congress to stop the abuses in the commemorative program. Will enough of us complain to Congress about current Mint abuses to cause them to take action?[/QUOTE]
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