RIP...US Mint

Discussion in 'Coin Chat' started by TopcatCoin, Mar 7, 2017.

?

In the past 2-3 years, my US Mint purchases have:

  1. Increased

    8 vote(s)
    6.4%
  2. Stayed the same

    32 vote(s)
    25.6%
  3. Decreased

    36 vote(s)
    28.8%
  4. I have not purchased from the US Mint in the past 2-3 years

    49 vote(s)
    39.2%
  1. Gilbert

    Gilbert Part time collector Supporter

    Amen!
     
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  3. tommyc03

    tommyc03 Senior Member

    I would buy one for the Shriners if one were to be issued. My brother lost a leg in a motorcycle accident when he was 16 and they were there for him every step of the way. There was never a charge for anything and he is on his third prosthetic today at 45.
     
  4. yakpoo

    yakpoo Member

    The U.S. Mint has turned into the Franklin Mint.

    This hobby will continue to suffer as long as the U.S. Treasury refuses to fulfill their mandate of "producing coins for Commerce".
     
    midas1, mlov43 and TopcatCoin like this.
  5. Conder101

    Conder101 Numismatist

    They aren't producing coins for commerce? I know a lot of people are using plastic, but I haven't noticed any coin shortage.
     
  6. Santinidollar

    Santinidollar Supporter! Supporter

    Mint produces collector coin. A collector purchases it. That's commerce.
     
    green18 likes this.
  7. yakpoo

    yakpoo Member

    Have you ever tried to buy anything with a quarter?

    I had some time to kill a while back so I went into a Rite-Aid Pharmacy and tried to find something (anything) I could buy with a quarter. If they didn't have gumball machine at the front door, I would have been SOL.

    "Coins for Commerce" doesn't mean valueless hunks of metal used to see how finely we can slice a strand of hair...it means coins that actually "buy" something and you get other coins in change that, themselves, can actually "buy" something.

    The quarter today has the purchasing power of about what 1.5¢ had 50 years ago. In 1967, we didn't have half cents, quarter cents, or tenth cents...which is what we effectively have now.

    It's time to ditch these worthless, obsolete denominations (like other countries all over the world have done already) and start producing "real" coins again...coins of value, coins that circulate, coins worth collecting.

    ...coins that don't cost more to produce than they're worth.
     
    Last edited: Mar 12, 2017
  8. Michael K

    Michael K Well-Known Member

    50 years ago a Hershey bar was a nickel. It's not a quarter now, it's about .75 cents (more or less depending on the area you live) and it's smaller.
     
  9. green18

    green18 Unknown member Sweet on Commemorative Coins

    Yeah, but still mighty tasty and satisfying.........:)
     
    tommyc03, mikenoodle and TopcatCoin like this.
  10. "You're not you when you're hungry. Snickers satisfies." :D
     
  11. green18

    green18 Unknown member Sweet on Commemorative Coins

    Nope.....sticks to my teeth (and I've got them all). Hate that. Milk chocolate dissolves away. That sticky stuff lasts for days.....waterpic challenge......
     
    tommyc03 likes this.
  12. Michael K

    Michael K Well-Known Member

    Sneaky guy edited his post from 5 cents to 1.5 cents.
     
  13. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    The primary purpose of low denomination coins in this day and age is facilitating the collection of sales tax.
     
  14. baseball21

    baseball21 Well-Known Member

    Change isn't valueless. If you add a couple quarters together you could have bought a fair number of candy products.

    Only the penny has really been ditched and Australia is ditching the 5 cent due to their inflation which isn't a good thing
     
  15. Dancing Fire

    Dancing Fire Junior Member

    Every time when I receive one of their advertisements I just put it in the trash. All these modern coins are just waste of money
     
  16. 19Lyds

    19Lyds Member of the United States of Confusion

    I looked at the Flyer for the Boys Town Commemorative Coins.

    The designs are flat! Lifeless! Boring!

    This just may be the one commemorative Coin that I do NOT buy since it does NOTHING for me other than give me a strong desire to scritch my head and wonder WTH is happening at the US Mint?

    Has the introduction of CNC Machining for dies totally rendered the possibility of getting a great design for a US Coin impossible?
    Have the engravers and sculptors at the US Mint gone completely mad with the boring lifeless designs that might look great on a computer monitor, what with shading, but absolutely SUCK in the coin making process?

    The Treasury Department needs to get rid of the paper buck so that dollar coins become a mainstay of profit for both the Government and the US Mint.
     
  17. Santinidollar

    Santinidollar Supporter! Supporter

    The vending machine industry would take care of your proposal, promptly.
     
  18. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Not sure I understand your point. The modern dollar coin is far more vending machine friendly than any currency acceptor is. Goodman Vending made sure it was.
     
    tommyc03 and Santinidollar like this.
  19. Santinidollar

    Santinidollar Supporter! Supporter

    They obviously haven't made their way down here to the swamps. 99 percent of the machines I see still have those infernal bill intakes.
     
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