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 Replies: 27 / Views: 1,889 |
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Valued Member
 United States
284 Posts |
Why are US coins so focused on US Presidents? We had so many beautiful designs of Lady Liberty, other non-presidential figures, and other symbols of America. -- Boris |
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Rest in Peace
United States
3039 Posts |
Don't forget, the U.S. Mint is the world's largest coin dealer. It's supply and demand. If people (too many uninformed) weren't buying, the Mint would stop making a lot of these non circulating commemorative shiny pieces of metal. How can they be called coins when they don't circulate and are just bullion items.
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Valued Member
United States
193 Posts |
Congress sees the mint as a way to suck more money out of the public, more money = more power. Also the prestige of being able to have something for posterity, like Ted Kennedy getting a commemorative for his sister and when he kicks off we'll be able to buy a commemorative of him too. Then we'll have nearly half of Joe senior's brood on US coins. Change the design on dimes, 60 years is enough, quarters 70+ years, enough, halves 45 tears of JFK is 40 too much, please get rid of this. Use some of the classic designs, Walking Liberty looks quite good on Silver Eagles, how about Liberty Standing on the Half, or the Morgan dollar design somewhere? I'm stocking up on Barack Obama painted coins, them baby's gonna be worth a bunch o money |
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Valued Member
United States
277 Posts |
As stated elsewhere, I too dislike the parks quarter idea. I do however like the short series changes such as Westward Journey and the Lincoln Cent changes this year. They are short, to the point and the usher in a permanent design change. They can be thought of as ending an old series or starting a new one or part of a long running series (different people have different views on this). Fatcat |
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Pillar of the Community
United States
6326 Posts |
Greed, Money, Capitolism, Manifest Destiny, Power, Self Indulgence, Self Empowerment, Self Gratification, Mismanagement of affairs of the common man........these are some of the reasons we have the Congress that we have who decides these things.
What makes them happy and can make them money are the two leading factors......geniune coin collectors will just have to "muddle through" and collect what they deem worthy along the way !
Edited by eaglefoot
01/14/2009 09:29 am
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Moderator
 United States
188660 Posts |
Quote:I do however like the short series changes such as Westward Journey and the Lincoln Cent changes this year. They are short, to the point and the usher in a permanent design change. They can be thought of as ending an old series or starting a new one or part of a long running series (different people have different views on this). I can appreciate this point-of-view.  Quote:
What makes them happy and can make them money are the two leading factors I agree. More often than not our elected representatives only represent their own interests, not those of their constituency as a whole. |
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Bedrock of the Community
United States
12437 Posts |
Quote:
How can they be called coins when they don't circulate and are just bullion items If it is monetized with a denomination, then it is a coin. Without a denomination, it is just a medal or bullion round. Quote:
Congress sees the mint as a way to suck more money out of the public, more money = more power. Also the prestige of being able to have something for posterity, like Ted Kennedy getting a commemorative for his sister and when he kicks off we'll be able to buy a commemorative of him too. The coin was for a good cause but Eunice is an ugly cuss, isn't she  Unfortunately, some members of Congress have recently learned that the US Mint actually makes a profit through seigniorage and numismatic sales so they are trying to milk it for all its worth at the expense of coin collectors and eventually to the detriment of the hobby  Edited by biokemist6
01/14/2009 12:19 pm
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Valued Member
United States
470 Posts |
Well Christian, I couldn't disagree more.
I love the new Lincoln designs and I'm looking forward to the National Park Series. Its great to see the mint employ a team of artist and create new reverses several time a year. It help keep the coinage fresh and current.
Keep them coming Mr. Moy.
No one ever said that you had to collect everything. If it's not for you don't collect it...that's easier than complaining to your cronies but not as fun ....hahahaha. The DC quarter comes out on Friday ! Yippppeeeeeee.
No matter what the Mint does or doesn't do, it seems that are never a shortage of complainers.
Edited by Andrew289
01/14/2009 6:30 pm
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Pillar of the Community
United States
5318 Posts |
I don't mind hearing some healthy debate on reasons why we do or do not collect particular coins. We all have opinions; that makes the hobby interesting. The way I see it, every coin design originated as art, which is always fair game for critique. Coins and art have been criticized for centuries. In fact, one of my favorite US coins, the Flying Eagle cent, was described as a "flying dinner napkin" upon its release.   |
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Rest in Peace
United States
3730 Posts |
From one extreme to the other!
When I started collecting in the 1950's, there were only the usual circulating coins to collect. Period. Now, the Government has discovered it has a real cash cow to feed off of, and the different designs will just keep coming, and coming, and...
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Pillar of the Community
United States
1984 Posts |
I think it's great.
There are products to fit everyone's budget unless you have zero dollars. And, don't forget, with so many products there are more opportunities for errors and varities.
It's numismatics, and I embrace the bounty, even as I try to discriminate using my own personal idea of what is trash and what is treasure.
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Moderator
United States
188660 Posts |
Quote:
No one ever said that you had to collect everything. Exactly! |
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Pillar of the Community
United States
2269 Posts |
I think the mint is doing what it does best, flooding the market with useless products. At least they rid themselves of the State Quarter Spoons. |
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Pillar of the Community
United States
2443 Posts |
Overboard is an understatement. It makes them money, so they'll keep on doing it.
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Pillar of the Community
United States
3098 Posts |
Quote:
It makes them money, so they'll keep on doing it.  Welcome to America. If it makes money, then do it, even if it's not popular. |
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Replies: 27 / Views: 1,889 |
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First Page
Posted 01/14/2009 01:50 am
