Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
US mint returns?
>
Reply to Thread
Message:
<p>[QUOTE="krispy, post: 856515, member: 19065"]There's nothing lowly about the Mint's practice. It has become a problem due to a certain increasing number of members of the public who buy directly from the US Mint with an unrealistic expectation of coin perfection as defined by TPGs employing the Sheldon 70 point grading scale, which the US Mint never made any such claims of guarantee to their customers. You will not get them to mark the returns and sell them for cheaper to you? What do you propose that they put a chop mark hammered into the surface of the coin to indicate it's been returned? How are they going to do this? One by one, by hand? At whose expense? This would only increase the retail price of their products overall and ruin a batch of coins that you perfectionist would never want because it would become bullion not collectible numismatic issues... think about it before you cast the fault on the Mint. The TPGs and the collectors of slabs who agree to the 70 point system as defining perfection are to blame for the vast majority of coins returned to the Mint. The Mint has every right and intent to resell products it deems meet their quality control and in new salable condition. Period.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 856515, member: 19065"]There's nothing lowly about the Mint's practice. It has become a problem due to a certain increasing number of members of the public who buy directly from the US Mint with an unrealistic expectation of coin perfection as defined by TPGs employing the Sheldon 70 point grading scale, which the US Mint never made any such claims of guarantee to their customers. You will not get them to mark the returns and sell them for cheaper to you? What do you propose that they put a chop mark hammered into the surface of the coin to indicate it's been returned? How are they going to do this? One by one, by hand? At whose expense? This would only increase the retail price of their products overall and ruin a batch of coins that you perfectionist would never want because it would become bullion not collectible numismatic issues... think about it before you cast the fault on the Mint. The TPGs and the collectors of slabs who agree to the 70 point system as defining perfection are to blame for the vast majority of coins returned to the Mint. The Mint has every right and intent to resell products it deems meet their quality control and in new salable condition. Period.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
US mint returns?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...