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Longstrider's Blog

22 Sep 2016

1916 Gold Standing Liberty Coin

Coins | Longstrider

   So it seems to me that the US Mint has misjudged the public and us, their customers, again. I received an email from the mint yesterday, 21 September, notifying me that they have removed the household limit on the new 2016 Gold Liberty Commemorative Standing Liberty Quarter. I guess us regular folks didn't care to purchase this item at the inflated price. Today it is listed for $ 485.00..Anyone that wanted one has bought it by now. All this loosening of the rules now allows their REAL customer base, the third party people, the tele-marketers, to buy as many coins as they want. As Usual. How does this help me. Just an average collector that was out priced on this item that should be in silver!!  Don't forget there are over 9000 gold dimes still lying around no one knows what to do with. What do you think??  Thanks for looking. Just my opinion. I could be wrong!!

Comments

user_7180

Level 5

It is a government agency so it figures they did not accept feedback. The recent US Mint Forum was an opportunity for views to be told first hand, but will they listen??? Silver coins would have been for the average collector, but the gold coins are for the rich of the hobby.

Thanks for the information Longstrider!

Longstrider

Level 6

My pleasure. Thanks for checking. I'm always ready to be proven wrong and learn something new.

Bret@Idaho

Level 3

It is sad when the late night salesmen take a mint item, mark it up 1000% and then re-sell them. Capitalism I know, but not the best for our hobby.

"SUN"

Level 6

The mint does not always know what the feeling of the market. They set a policy and stick with it, then wonder what is going on.

Pliny The Elder

Level 5

I wish a silver had been made as well. A matching silver and gold coin set would do just the trick. One silver and one gold, the same coin. Then I could see buying the gold one AND the silver one.

Longstrider

Level 6

I agree. That would have been ideal! Thanks

Kepi

Level 6

That's crazy! Sounds about par for the course... Did the Mint think we wouldn't notice?? I really had hoped for a silver version too.

Mike

Level 7

Great blog. Looks like the silver people spoke there mind. They stuck together on this one. They should of sold out the first day! Everyone new they would sell out but they thought the same day! Congress are you listening? Everyone spoke out one this issue when they said no silver! Thanks!

I've heard the 9,000 Gold Commemorative Mercury Dimes were held back to be used in a 3 piece gold commemorative set, but I can't remember where I heard it. I guess we'll have to wait and see. I wish the 2016 Commemoratives had been made in silver too!

Longstrider

Level 6

The dimes were not held back. They were orders that didn't go through like expired credit cards and things like that. The rest were indeed sent out and were returned for poor quality and other reasons that made the buyer unhappy..

Longstrider

Level 6

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