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Petition for US Mint to change their gold coin lineup
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<p>[QUOTE="Blaubart, post: 1915247, member: 37498"]I figure you already have lots of choices Volcano:</p><p><br /></p><p>1. Get over your distrust of private bullion. That's your problem, not the US Mint's problem.</p><p>2. Buy Canadian 1/20th oz gold.</p><p>3. Save up and buy authentic old bullion of the type and design you like. (Since prestige seems important to you, just think of the extra prestige that comes with owning a piece of history!)</p><p>4. Save up and buy current 1/10, 1/4, 1/2, or 1 ounce coins. As noted many times already, the smaller of a fraction you buy, the more overhead/premium you're paying. If you're really doing this to enable more people with limited resources to "invest" in gold, you aren't really doing them any favors.</p><p>5. Buy silver. (AKA - The less prestigious precious metal)</p><p><br /></p><p>You've come up with (largely trivial) excuses for just about every alternative that people have offered, from the purity of older gold not being up to your standards, to price fluctuating faster with gold than silver (not even going to go there), to gold being more prestigious to own than silver, to private bullion being untrustworthy, to we just don't like young people (I don't consider myself "old"), to not being satisfied to take what the Mint offers, etc. This leads me to believe you are a person who just isn't satisfied unless you are getting exactly what you want.</p><p><br /></p><p>I'm sorry, but I don't believe it is the duty of the US Mint to ensure that they are catering to your every desire. Given the plethora of options available to anyone interested in buying gold, I don't see any reason to force the US Mint to change their product line.</p><p><br /></p><p>You've also mentioned that we should support change. I do support change, when I believe it is warranted and the proposed change is well thought out. Change for the sake of change isn't necessarily a good idea.</p><p><br /></p><p><br /></p><p>It looks like you'll have to rely on these "other people's support", because you do not have mine.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1915247, member: 37498"]I figure you already have lots of choices Volcano: 1. Get over your distrust of private bullion. That's your problem, not the US Mint's problem. 2. Buy Canadian 1/20th oz gold. 3. Save up and buy authentic old bullion of the type and design you like. (Since prestige seems important to you, just think of the extra prestige that comes with owning a piece of history!) 4. Save up and buy current 1/10, 1/4, 1/2, or 1 ounce coins. As noted many times already, the smaller of a fraction you buy, the more overhead/premium you're paying. If you're really doing this to enable more people with limited resources to "invest" in gold, you aren't really doing them any favors. 5. Buy silver. (AKA - The less prestigious precious metal) You've come up with (largely trivial) excuses for just about every alternative that people have offered, from the purity of older gold not being up to your standards, to price fluctuating faster with gold than silver (not even going to go there), to gold being more prestigious to own than silver, to private bullion being untrustworthy, to we just don't like young people (I don't consider myself "old"), to not being satisfied to take what the Mint offers, etc. This leads me to believe you are a person who just isn't satisfied unless you are getting exactly what you want. I'm sorry, but I don't believe it is the duty of the US Mint to ensure that they are catering to your every desire. Given the plethora of options available to anyone interested in buying gold, I don't see any reason to force the US Mint to change their product line. You've also mentioned that we should support change. I do support change, when I believe it is warranted and the proposed change is well thought out. Change for the sake of change isn't necessarily a good idea. It looks like you'll have to rely on these "other people's support", because you do not have mine.[/QUOTE]
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