FroggyHopper

On 6/2/2021 at 11:01 AM, World Colonial said:

Are US Mint employees compensated on profits and if so, is it meaningful to them?

Never heard that they are and if so, doubt it makes much difference to their compensation.  I don't believe they care about the profitability, except to the extent that it gets someone else off their back.

My guess is that they would rather deal with dealers and wholesalers because there are fewer of them and presumably less of an annoyance.

Reading coin forums and posts in Coin Week, I wouldn't want to deal with the collecting public either.  Mostly complaints where I see no possibility to satisfy most of them.  The buyers want the impossible.  They want low(er) mintage coins which are always available to them (often in multiple for "flipping") and don't lose value in the secondary market.  

That’s just people in general, whiners. Most people want it easy, the rest realize you have to prepare ahead and fight for anything worthwhile. Their gripes are the same as any business who deals with high traffic customers. So, like those they despise, they’re whiners… If they aren’t appreciative of the job security, i’m sure there are many willing to take their place.

Plus they have excellent insurance benefits at the US Mint, better than 90% of the rest of us, so they won’t get any sympathy from me. 

On 5/29/2021 at 7:30 AM, World Colonial said:

My inference from all accounts I read on coin forums and Coin Week is that the Mint's management would rather not bother with collectors and collector coinage. 

Congress passes legislation requiring them to do it but it's not something they actually want to do.  They do not view it as core to the Mint's mission and not being collector's themselves (overwhelmingly), view it as a distraction or nuisance.

If this is a reasonably accurate description, none of it should be a surprise.

I doubt this. Collectors & dealers are a massive money generator for the mint. They just don’t want to deal with “people” in general because...well they’re government. Not too big on the people skills. 

Found a fake 1943 penny today! LOL Fascinating find! The 4 looks like it’s been soldered in. Found it in my parents 80 year old penny jar. 

Perfect!

Thank you 

Hello NGC, 

With all the recent thefts taking place with shipping companies - are you checking contents upon delivery or do we have to wait the month it takes you guys to open the box before we are alerted that our coins and sensitive information on our submissions forms have been stolen? 

Thank you! 

Yeah, for sure. I don’t think i’ve received a set with such obvious issues in years. Anyone else having similar issues with the mint lately, with this set, or just one of those things? 

Hello All! 

I decided to buy some more 2021 Silver Proof Sets. I took two pics under the scope of two separate 2021 Tuskegee Quarters, one is fine - the other has noticeable problems. Anyone else having similar issues with this set and/or have an opinion on this? The sets are still sealed.

I appreciate your feedback! 

These will be sent off in my next batch to NGC. 👍👍

Too much in the field unfortunately. I don’t think these will go. I typically only send 67+ coins for CAC.