The u.s. mint sell error coins directly to the public.

should the mint sell error coins directly to the collectors?. yes or no. give your opinion.......i like it.

 

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nah, then it would:
1) be another money making center for them;
2) they MAY be encouraged to 'create' errors;
3) They would be the 'market makers' for the particular error.

 

NO... would eliminate the fun search bank bags for error coins, would have dire effect on error coin prices/value.
Ozarktravler... IMOP, FAIW, no.......no..............no

 

Don't they already sell blank penny planchets in some education kits?

 

Didnt they do that with the inscriptionless edge dolalrs last year? :whistle:

 

or, so the story goes.

 

whats the matter with you guys they already sell errors you just have to find it

 

wow

they did. they sell it at face value. but i want a large quantity. so that the price will collapse. and i don't have to collect those error coins. i called it damaged coins.

 

I think they do already. I recently received the mint notification of the 2008 W silver eagle. Not that it is unusual for me to receive these notices weeks after their released date but the picture of this Silver eagle clearly showed the 2008 w obverse with the 2007 w reverse. Image that , the mint sending out a picture of an error/variety coin. Well mine had the 2008 obverse and reverse. Maybe I should send them back cause I did not get what they pictured LOL.

 

I think it's a bad idea. It would essentially be the same as a coin dealer slabbing and selling his own coins...oh wait that already happens...it's called SGS.

 

On second thought:
They already do: It is an error to buy from the mint.

 

more error coins surface

more and more error coins surface. it that intentional produce by the mint for collector's excitement?. what you think?. if the problem occurred, why keep doing that?.

 

I agree with Franks first post and disagree with the second. I like getting my proof sets and such from the mint. So far I have not had any major issues with them.

 

Wasn't there a time when the mint denied that they made mistakes?

Very best regards,
collect89

 

I don't think they'll ever do that on purpose for one simple reason....cost. They complain now about losing a few cents here and there. How much would it cost to hire a group of people who sit around all day every day sifting through the billions of coins being made looking for errors to sort out and sell? Not gonna happen.
Guy~

 

Bad idea. Error coins are such because they were made in error. If they become saleable, then the mint would be incented to produce them intentionally.

 

i don't collect them

that is why i don't collect it and never like it.

 

No, I think it would be a bad idea for many many reasons. Most of which have already been stated.

 

oh no

i got one error jefferson nickel from the change. that's about it.

 

error coins

more error coins were surfaced from the u.s. mint. they should control more on this matter.