Login

coinfodder's Blog

28 Jan 2021

The US Mint, Celebrating...Trees?!

World Mint Exchange | coinfodder

And no, this isn't clickbait. So sit back, relax, and let me usher in the new era where we jump on David Ryder with a new president in the White House.On January 20th, 2021, Steve Mnuchin, with the transition of power in the US government, had his term ended. The geeky guy would go home and enjoy a good retirement. But this left his appointee, David Ryder the Donkey boy, with no support in the government. But, Ryder is still in there. And several days ago, he issued one of the biggest blunders yet- celebrating the life of a tree.

READ MORE
21 Oct 2020

Wild, Wild, Wild Mess at the US Mint- November 5th, 2020

World Mint Exchange | coinfodder

The fiasco wheel rolls again.Ladies and gentlemen, what will go down at usmint.gov on November 5 of this year will go down as one of the wildest fandangos that the US Mint has artificially created. Yes. The American Silver and Gold Eagle, fit with a "V75" privy mark. Other than that, there is nothing special about the duo of coins. But, the wild thing is, what on Earth is the US Mint doing.After last years fiasco wheel with the Enhanced Silver Eagle, CoinWorldstated that many US Mint patrons considered cancelling their subscription services after the sale ended in 15 minutes, with very few people getting their hands on one of the 30,000 coins pushed out. Many people felt that the Mint was treating dealers with "Special Treatment", giving them first dibs at the coins. While these rumors have not been proved, many people felt this way because of the way the website ran- crashes were common, and this got many people mad. After the sale ended, people turned to the dealers on eBay and other sites, such as the TV Infomercial HSN, who was selling the coin for the grand total of $8999.95, declaring themselves "the only place were you can get this coin" when guys on eBay sold it for about 75% less than what HSN.I feel that this is going to be replicated this year. With the "V75" coins, the fiasco wheel will rotate again. And with the gold's mintage of 1500, the demand will be even crazier. However, the silver's mintage has been doubled to accommodate for the anticipated surge in buyers.I predict bad things to happen. The site will crash, and the gold will sell out before you are even able to click on the mouse.It will be the "Black Friday" Doorbuster, except this time, the item is not a 80 inch-plasma TV with 4K ablities.I think that it is time to stop this.David Ryder, you are hurting the hobby.Not to mention the "W" uncirculated nickel will not be included with the Mint Set this year because they won't be able to strike enough (or something like that). We waited all this time. Now you don't commit with the nickel.What has happened?!Link to the video=https://www.youtube.com/watch?v=N5IeIha4NIMThanks. See ya'll later. FUBAR at the mint.

READ MORE
We use cookies to provide users the best experience on our website. If you continue without changing your cookie settings, we'll assume that you agree to receive all cookies on money.org. You may disable cookies at any time using your internet browser configuration. By continuing to use this website, you agree to our privacy policy and terms of use. To learn more about how we use cookies and to review our privacy policy, click here.