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Alex in PA.

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Posts posted by Alex in PA.

  1. 2 minutes ago, Conder101 said:

    So the CC privy mark coins has more MS "survivors" than 10 of the 13 CC Morgans. 

    Okay but.............These newly made Mint Creations are not, and never were, made for circulation where as the 1885 CC Morgan Dollar was made for use by the general public as working currency.  The fact that nearly all the bags of this issue were never used does not change the fact the 1885 CC Dollar was a Business Strike and the 2021 CC Privy Mark is not.  It is made solely for the purpose of collecting.  Many of the 'held' CC 1885 Dollars were paid out in the 1950's when you could exchange your Silver Certificate for an actual Silver Dollar thus putting the 1885 CC Dollar in 'circulation'.

    I asked the question "why is this any less" because it's hard to understand why an agency would create 175,000 items when it has 250,000 +or- customers waiting for that product.  That is not a sound business position.  However, if you wish to 'create a rarity' as the US Mint has been doing; and place profit to the side, so be it.  

  2. 1 hour ago, VKurtB said:

    Wharton School of Business at the University of Pennsylvania,

    And now for the exciting news from Pennsylvania:  You see what happened when VKurtB moved away.  The place turned into the jungle.  doh!

    SUSQUEHANNA RIVER, Pa. | A surprising swimmer was found in the Susquehanna River on Friday by local residents.

    A photographer at WGAL spotted an alligator, in the Susquehanna River near Wrightsville, York County.

    What would seemingly appear frightening, ended in a surprising way however. The gator is a pet named Oscar, and he escaped from his home yesterday, sources say.

  3. 2 hours ago, VKurtB said:

    Mesquite charcoal filtered

    Now that sounds tasty.  Also:  I am NOT pumped up over the 2021 Peace Dollar.  Those and the 'Privy Marks' are good for the Commem collectors but I'll stick with the originals.  Just picked up a 1921 Morgan MS 64 in a Generation 4 PCGS slab for $89.00 plus free shipping.  Now I'll look for a nice '21 Peace Dollar to celebrate the anniversary.  

  4. 9 minutes ago, World Colonial said:

    that most (potential) buyers don't really like US Mint products that much.

    Agreed.  Some decades ago I was a buyer of products developed by the US Mint.  Proof and Mint Sets.  Then, for whatever reason I drifted away.  I believe the advent of EBay gave me a better venue for collecting.  Why should I pay the price the US Mint is asking when I can get it cheaper from EBay.  And that happened.  On several occasions I asked the US Mint why their price for a certain coin was so high and that I could buy the exact same coin from an EBay seller for less.  I never did get a satisfactory answer so we parted ways.  I feel today, as I did then, that the US Mint does not produce for the common ordinary citizen. 

  5. 2 hours ago, gmarguli said:

    They need to set a mintage limit slightly below demand so that the aftermarket holds up, but doesn't dramatically jump in value.

    Absolutely correct!  However, how could we, the average collector, convince them this is the direction they should be taking?

  6. 14 hours ago, boybacon said:

    I am just seeing this post from 2018 now. 

    I don't know what this has to do with the OP but to call up a Post from 2018?  Bored?  Nothing to do?  That's all there is:  "have some sort of mental disabilities."  I asked that for 25 years of my life.  We are gathered here to say goodbye, hail and fair well, good riddance to 

    aahhawaiin@aol.com who shouldn't let the :fear:hit him in the a** on his way out.

  7. 11 hours ago, Conder101 said:

    175,000 per mintmark/privy mark, and 200,000 for the Peace dollar is underproduction? 

    The lowest year of production of the Morgan Dollar at Carson City was 228,000 in 1885.  Why is this, so called privy mark, coin any less?  Is this the wonderful US Mint rarity creating?  Also, the more you sell the greater your profit.  Maybe the Mint only manufactures for the pleasure of a few and has no worries about making profit?

  8. 20 hours ago, jtryka said:

    so there is no silver shortage!

    I can find none.  What I do find is Bullion Dealers who will sell you 500 Silver rounds for $34.00 a piece and 'No Limit'.  Bars too.  I believe what we have witnessed is another Government 'excuse' for the Mint's ineptitude.   :devil:

  9. They're still going at it on the other forums.  The US Mint 'Apologists' and the US Mint 'Haters'.  Every time a 'Hater' sticks his/her head up with a complaint about the 2021 Morgan "CC Privy Mark" a small group of 'Apologists' will rise up saying how the US Mint will 'fix' everything and there's 'more' to come.  Really entertaining.  :devil:

  10. In the eyes of the United States Mint managers there is no such thing as a 'Coin Collector' any more.  These fabricated 'rarities' that the US Mint has been producing are not made for the common citizen.  This is just another US Government Agency gone bad.  Here is a complaint from 2020; just one of hundreds of complaints:

    "I have had the same experience on several occasions. To further confuse the issue recently the wwii coin was released.

    I logged in ten minutes before the release time and was kicked off exactly the time of the release. The coin was selling for about 150. 00. I checked eBay about two hours later and the coin was for sale for about 1000.00.

    Yesterday I noted that APMEX is selling hundreds of the coins for about 1300.00. Something is really wrong here."