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<p>[QUOTE="Local101, post: 878350, member: 24358"]Can anyone (who isn't making a profit on the status quo) explain to me why we can't just buy our own government's coins (Gold and Silver Eagles) from our own government? (I don't mean high-priced proof and uncirculated coins for collections; just regular AGEs and ASEs.) After all, the Treasury sells far more complex instruments (bonds, notes, etc) without any problems. Why should US citizens be subjected to dealers' scams, ploys, and erratic premiums when buying something that their own tax dollars are paying for? Congress started the Eagle coins "to provide investors with a convenient and cost-effective way to add a small amount of physical platinum, gold, or silver to their investment portfolios." But the dealer-only monopoly that the US Mint leaves in place significantly thwarts that motive. Is the coin dealer lobby so strong that they can preserve this costly cartel? Has anyone seriously tried to change this situation?[/QUOTE]</p><p><br /></p>
[QUOTE="Local101, post: 878350, member: 24358"]Can anyone (who isn't making a profit on the status quo) explain to me why we can't just buy our own government's coins (Gold and Silver Eagles) from our own government? (I don't mean high-priced proof and uncirculated coins for collections; just regular AGEs and ASEs.) After all, the Treasury sells far more complex instruments (bonds, notes, etc) without any problems. Why should US citizens be subjected to dealers' scams, ploys, and erratic premiums when buying something that their own tax dollars are paying for? Congress started the Eagle coins "to provide investors with a convenient and cost-effective way to add a small amount of physical platinum, gold, or silver to their investment portfolios." But the dealer-only monopoly that the US Mint leaves in place significantly thwarts that motive. Is the coin dealer lobby so strong that they can preserve this costly cartel? Has anyone seriously tried to change this situation?[/QUOTE]
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