Discussion in 'Bullion Investing' started by furryfrog02, Oct 12, 2019.
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Increased security means increased prices aka increased profits for them.
The way I read it, only the collector versions and the proof will get the security treatment, while the new reverse design will appear on all production. The common bouillon coins will not get the security treatment. I heard Mezak mention the proposed change on TV some time ago, but he did not say that the changes would appear as soon as the cited article does. This is exciting news.
I couldn't care less about the security/anti-counterfeiting stuff. It's probably just a waste of money. We've lived this long without it. It will only increase the price for us. Besides, someone will figure out a way around it.
I'm more concerned about the design. They should have run the options through this forum first.
Thanks for sharing!
In the year 2000, you could buy one of everything the Mint had to offer for about $8,000. In 2006, you had to spend close to $20,000 for one of everything. What do you think it would cost today? $30,000? $40,000? More?
Exciting? You call this exciting?
Had not seen that. Thanks.
It's only money
But I would really like to know what you mean by
"In addition to improving anti-counterfeiting measures, we are reaching out to educate and inform the numismatic community and consumers about potential counterfeits, thus ensuring continued confidence in our bullion products for years to come.”
In other words, we will let the counterfeiters know what they need to do to to get their products out.
That wouldn't include any of the equipment necessary to make the coins.
Find a way to beat the system and make replica coins that look authentic
And will pass as the real thing, and the people buying these have to know
About these features as well so letting them know i think would be a
Big challenge as well.
Are the new maples being counterfeited, or are the bad guys sticking with the older design?
Oh, and BTW, my excitement was over the new reverse design that's headed for 2021 or 2022 release, nothing else.
I liked the "Soaring Eagle" reverse of the Sac dollar and was building a complete set of business strikes in MS68. Then, they had to go and mess with the reverse on it. Even the edge lettering sucks!
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