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What I would most like to see is the return (from the US Mint) of
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<p>[QUOTE="statequarterguy, post: 1731582, member: 21782"]Wasn’t there a time when the mint was required to break even on numismatic products (back when there was only mint & proof sets)? That’s what I’d like to go back to – it’s fair. The fact that profits from collectors reduce the taxes required by all is of little value to me, as those reductions in taxes for all are paid for by a small number of collectors compared to all taxpayers. </p><p><br /></p><p>You are correct, few have a right to criticize the profits of a business operating fairly, yet we all should criticize and do something about a business operating as a monopoly, as the mint does. Anti Trust Laws are supposed to be used to stop private monopolies from taking advantage of consumers, but probably don’t apply to government agencies who didn’t operate as a business when these laws were enacted.</p><p><br /></p><p>As for collector profits on the secondary market – those have become few & far between, as the mint has learned to extract those profits upfront in their pricing. The 2013 West Point ASE Set, the most recent case in point - $45 dollars worth of silver turned into shiny disks at a cost of $145.[/QUOTE]</p><p><br /></p>
[QUOTE="statequarterguy, post: 1731582, member: 21782"]Wasn’t there a time when the mint was required to break even on numismatic products (back when there was only mint & proof sets)? That’s what I’d like to go back to – it’s fair. The fact that profits from collectors reduce the taxes required by all is of little value to me, as those reductions in taxes for all are paid for by a small number of collectors compared to all taxpayers. You are correct, few have a right to criticize the profits of a business operating fairly, yet we all should criticize and do something about a business operating as a monopoly, as the mint does. Anti Trust Laws are supposed to be used to stop private monopolies from taking advantage of consumers, but probably don’t apply to government agencies who didn’t operate as a business when these laws were enacted. As for collector profits on the secondary market – those have become few & far between, as the mint has learned to extract those profits upfront in their pricing. The 2013 West Point ASE Set, the most recent case in point - $45 dollars worth of silver turned into shiny disks at a cost of $145.[/QUOTE]
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