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Replies: 51 / Views: 6,062 |
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Pillar of the Community
United States
1913 Posts |
Quote: Every one had the same fair shot to get the coin, they [US Mint] served the public The problem with how the mint handled this is that literally everyone had the same shot at getting the coin. Loyal collectors of ASE's were treated no differently than speculators who had never purchased a coin from the mint. The result of this is that a bunch of people who could care less about coin collecting have been given the opportunity to extract money out of loyal ASE collectors. This is terrible treatment of loyal customers in my opinion. The mint could have given loyal ASE collectors a head start, but chose not to bother. Quote: PS There is no right to a drivers license, it is a privilege A privilege is a special right or advantage not enjoyed by everyone. I don't think privilege is the correct word here as it implies that the government can limit driving access simply because it has the power. Fact is that the government is required to provide a drivers license to everyone who obeys the laws that we have agreed upon. To put it another way, simply because the government is given the power to regulate a right does not cause that right to become a privilege.
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Bedrock of the Community
13014 Posts |
Quote: The problem with how the mint handled this is that literally everyone had the same shot at getting the coin. That's exactly how it should be. If they were going to distribute them by "loyalty" then the big dealers would have gotten every single one as they spend more in a month than most collectors will in a year Quote: A privilege is a special right or advantage not enjoyed by everyone. I don't think privilege is the correct word here as it implies that the government can limit driving access simply because it has the power. That's exactly the right word for it hence the driving laws are so different state to state. Some states you get your permit when you turn 14, others it's 16. Some states it's 6 months with a permit for a drivers license others its a year. Some states you can't drive after 10pm if you're under 18 or have more than one person in the car that isn't family etc. Even what it takes to have it revoked varies wildly. Rights are constitutionally protect and the government has to show good cause to limit those rights such as not being able to yell fire in a crowded theater. Driving bears no protection and the states are free to change their laws to whatever they want for it whenever they want with the only real check on it being the voters.
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Pillar of the Community
United States
1913 Posts |
Quote: That's exactly how it should be. If they were going to distribute them by "loyalty" then the big dealers would have gotten every single one as they spend more in a month than most collectors will in a year For starters, the mint's collector coin offerings are created for collectors, not so big dealers can make a living. That said, I'd be fine with the big dealers being able to purchase proportional to their ASE purchases. Of course if there were not going to be enough available based on there being more ASE purchasers than the proposed mintage, then that's a big clue that the proposed mintage was too low. Simply because government regulations vary widely from state to state, it doesn't make what's being regulated a privilege. Is the "right to keep and bear arms" a privilege because the regulations vary wildly from state to state? Nope, so toss that argument out the window. I would encourage a review of the 9th Amendment.
Edited by Bret 12/02/2019 11:19 pm
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Bedrock of the Community
 United States
10048 Posts |
Quote:The problem with how the mint handled this is that literally everyone had the same shot at getting the coin. Loyal collectors of ASE's were treated no differently than speculators who had never purchased a coin from the mint. The result of this is that a bunch of people who could care less about coin collecting have been given the opportunity to extract money out of loyal ASE collectors. This is terrible treatment of loyal customers in my opinion. The mint could have given loyal ASE collectors a head start, but chose not to bother. I understand what you are saying here, but this could never be done anyway. Besides Basebal's valid point about the large businesses who are loyal and spend big bucks compared to private collectors, there is also the problem that with a mintage of only 30K, which of the loyal customers would be chosen? I would think there certainly are more than 30K loyal ASE customers to the mint. This is the most popular silver coin made in the world. So if they would have decided to make a higher mintage, then the coin would not have made such a stir in numismatics (as I suspect was the mint's purpose in limiting this coin). I know what it is like to be an actual victim of the mint's system messing up and, therefore, losing out on a great buy. I had an order for 6 of the special 2011 ASE sets (included the 2011 reverse proof). I went through the process of ordering by phone. I was given as order number with verbal confirmation the order was completed and would be shipped. Making a long story short - I called again to check up on the status a little laterr and the order was never filled. I kept calling back every other week trying to get them to do something about it and was always told they were working on it. It never happened. This time I went into the process knowing it would be difficult to get one since everyone had the same shot at it and the number available was limited. I admit I do not like they did not sell them all at that one time. But I cannot blame them as the mechanics of trying to sell something so popular and the amount of resources they have to do it are something I know nothing about.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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Bedrock of the Community
13014 Posts |
Quote: That said, I'd be fine with the big dealers being able to purchase proportional to their ASE purchases Then you're saying you want the 9 authorized mint distributors and more specifically the 5 US based ones to have control of the entire mintage. When they make a purchase it's value is in the millions at a time Quote: Simply because government regulations vary widely from state to state, it doesn't make what's being regulated a privilege. Is the "right to keep and bear arms" a privilege because the regulations vary wildly from state to state The right to bear arms is specifically mention in the bill of rights, it is also the 2nd Amendment making it the most important thing behind free speech. I already mentioned what the actual test is for right vs privileged. Rights the government has to show a legitimate public interest to infringe on, privileges can be changed on a whim by the elected representatives. The right to bear arms would require a constitution amendment to change, state legislatures can change driving laws and requirements whenever they feel like. To use an example if your state banned gun ownership tomorrow the courts would strike it down for infringing on an actual right. That is an actual protected right. If tomorrow your state decided from now on you have to be 21 to have a licenses it would stand in court and there would be no federal intervention other than they would still have to honor licenses from other states, aka privilege. State laws and booklets even say driving is a privilege not a right. The 9th Amendment does not cover driving. Rights you have to do something major to lose the right to it such as commit a felony, driving you can lose your license for going 5 mph over the speed limit a few times in a 12 month period, hardly anything major. People confuse rights and privileges all the time. Just because it is generally accepted that you can do something doesn't make it a protected right
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Pillar of the Community
United States
1913 Posts |
Quote:there is also the problem that with a mintage of only 30K, which of the loyal customers would be chosen? I would think there certainly are more than 30K loyal ASE customers to the mint. This is the most popular silver coin made in the world. Exactly, which is why the mintage should have never been limited to 30k. Quote: So if they would have decided to make a higher mintage, then the coin would not have made such a stir in numismatics (as I suspect was the mint's purpose in limiting this coin). If this was their logic in setting the 30k limit, then they decided to do a publicity stunt at the expense of their loyal ASE customers. BTW, I'm not convinced any brains went in to determining the mintage at all. I've seen nothing from the mint indicating any sort of thought process. I'm thinking they just messed up. Regarding driving not being listed in the Bill of Rights, other rights not listed are the very reason the 9th Amendment exists. The founders wanted to make it clear that the absence of a right being specifically listed in the Constitution should not cause people to view it as any less of a right. That's exactly what you're doing. All that said, I agree that they're ultimately accountable at the voting booth.
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Bedrock of the Community
13014 Posts |
Quote:If this was their logic in setting the 30k limit, then they decided to do a publicity stunt at the expense of their loyal ASE customers. There was no expense to anyone. No one has a right to get whatever they want for the price they want. It was a fun product that got people excited. Everyone that got one is absolutely thrilled and the product is still on fire. There isn't a single other product you can say that about in the last two years or so including the pride sets Quote: Regarding driving not being listed in the Bill of Rights, other rights not listed are the very reason the 9th Amendment exists. There's a rather narrow interpretation of the 9th amendment such as applying free speech to typing or texting etc. Putting driving in there would be a broad one which by default would mean everything is a right, which it isn't Driving flat out is not a protected right and no court as ever treated it as such, it really is that simple
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Pillar of the Community
United States
7293 Posts |
I think whether you consider the release a debacle or great idea depends on whether you were able to get a coin or not.
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Bedrock of the Community
13014 Posts |
Not at all. I missed a Pallidum and still consider it a success. I want products that get people excited and create a buzz like this. That's a successful product. Anything that sits for over a year with an unlimited mintage that 2 hours after it's released no one is talking about anymore like 99 percent of their products is boring. It's nice having exciting things mixed in.
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Pillar of the Community
United States
7293 Posts |
I consider this a major success, I mostly had the "bullion" version of the ASE, this made me get the ERP and I picked up the S mint in proof as I was missing that. I'm not going to do the collection but if some wants to trade a 1995 W for the 2019 ERP I may consider it ;) I agree that this was a success, just look at all the hype, even the TPG went out and created new products (like certification encapsulation) and people are still going crazy for this coin.
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Bedrock of the Community
 United States
10048 Posts |
Quote: I think whether you consider the release a debacle or great idea depends on whether you were able to get a coin or not. Unfortunately we humans tend to let our emotions dictate "success" or "failure" unless we learn to keep our feelings in check. I was legitimately wronged by the system with the 2011 ASE set and was upset by the situation. But I still say that release in 2011 was a success b/c of the attention/interest it brought. A reverse proof ASE was still a BIG deal then. From an emotionless and logical standpoint, this 2019 S ERP was a genius idea for the coin collecting community as a whole. The focus put onto coin collecting by this release, even by non-collectors (re-read that), has been a plus. Anytime the spotlight falls onto a hobby and brings it more attention is a good thing for the hobby. Yes, non-collectors saw this as a financial opportunity that some people could take advantage of. Good for them. Everyone had the same chance since the only thing limiting coin acquisition was the randomness of the computers systems/internet connections while taking in the orders. I don't blame ASE collectors for being upset at not getting one at issue price. But I also am not going to begrudge anyone who got the coin while having to play the ordering system the same way as everyone else had to. I also do not begrudge the mint for making such an event possible. While frustrating hitting that <resend> button all the time, there were winners who look back and say the experience was great and there are losers who hated the experience. The mint has no obligations whatsoever to please just a certain group of people. They are a business. No matter what they do they will never be able to please everyone b/c we all let our emotions interfere too often with our logic.
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Pillar of the Community
United States
1913 Posts |
Quote: There was no expense to anyone. No one has a right to get whatever they want for the price they want. It was a fun product that got people excited. Everyone that got one is absolutely thrilled and the product is still on fire. We're simply going to have to disagree about this being done at the expense of loyal ASE collectors. I actually don't think it was intentional but rather incompetence in setting the 30k mintage. But if you're right and it was intentional, then it's a poor way to treat loyal customers. I obviously never said anyone had a right to the coin. Imagine if they only minted five. It would be so exciting. Regarding the 9th Amendment, it talks about "other" rights, not similar rights. Like the 2nd Amendment, there's no need to interpret unless one is wanting to deny what it plainly says. It's funny (or perhaps sad) how some can find things that are not written in the Constitution and can't see what's plainly there.
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Bedrock of the Community
13014 Posts |
It's only sad how some people think they know everything and completely ignore over a 100 years of precedent from the courts and how something is actually treated.
Poor design selection is incompetence from the selection committees trying to make statements with designs. This was marketing genius and a calculated decisions like the w quarters
Edited by basebal21 12/03/2019 4:05 pm
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Pillar of the Community
United States
1913 Posts |
Quote: It's only sad how some people think they know everything and completely ignore over a 100 years of precedent from the courts and how something is actually treated. I don't know everything, but I can read plain English and don't require the crutch of unelected people in black robes telling me that it really means something that it doesn't say. You might be on to something in regard to the marketing genius. The latest thing is for companies to crap on a portion of their current customers in order to generate attention and thereby attract new customers. Nike is a good example of this technique. If that was their intention, then mission accomplished. I think that it's safe to say that we're not going to agree on this, but I am curious where you'd draw the line from marketing genius to a mintage being too low. 20k, 10k, 5k, 1k, 100, 10, 1? Can you imagine the controversary? If they limited it to 10, it would probably make the evening news!
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Bedrock of the Community
13014 Posts |
No point in continuing about that if real life law precedent doesn't matter to you.
They nailed it at 30k. Was low but not to low. Anything under 5/10k would likely be to low to get tons of excitement and start to seem more Canadian gimmicky. I don't see them going below 20/25k if they even ever go that low. They have to be careful not to go really low to often or it loses its specialness. If I were them I'd go 50-75k on the next "low mintage" one whenever that might be as they have to also be careful not to over due special finishes or people get bored of those too.
It was smart to do the 100k one before the 30k.
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Replies: 51 / Views: 6,062 |
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