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Mint Director Gibson Resigning

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Pillar of the Community

United States
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 Posted 03/20/2025  5:50 pm Show Profile   Bookmark this topic Add livingwater to your friends list Get a Link to this Message Number of Subscribers
Trump has asked Ventris Gibson to resign so he can appoint his own Mint Director. I'm hoping it will be someone who actually has numismatic experience....

https://www.coinworld.com/news/us-c...r-s-position
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ijn1944's Avatar
United States
17184 Posts
 Posted 03/20/2025  5:59 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Much fun ahead...
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Freespeech57's Avatar
United States
332 Posts
 Posted 03/20/2025  6:19 pm  Show Profile   Bookmark this reply Add Freespeech57 to your friends list Get a Link to this Reply
Reading her letter to her staff makes it very clear that the mint has been "DOGED." If I were to guess, the selection of the next Director will have nothing to do with numismatics.
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Australia
3707 Posts
 Posted 03/20/2025  7:37 pm  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
I guess that's one less hurdle to the trillion dollar platinum coin?
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
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cointagous's Avatar
United States
1079 Posts
 Posted 03/20/2025  7:59 pm  Show Profile   Bookmark this reply Add cointagous to your friends list Get a Link to this Reply
This doesn't sound good for our hobby. We will wake up to find our coinage made from recycled straws.
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hfjacinto's Avatar
United States
7057 Posts
 Posted 03/20/2025  8:07 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Most likely prices will go up and quality will go down.
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United States
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 Posted 03/20/2025  8:56 pm  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
I kind of feel like prices have already been going up and quality down. Some of the modern Morgan and Peace had scratches, I returned several, some silver Liberty medals had finning like mine, some 2024 silver flowing hair have milk spots.
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hfjacinto's Avatar
United States
7057 Posts
 Posted 03/20/2025  9:21 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Updated

Most likely prices will go up more and quality will go down further!
Edited by hfjacinto
03/20/2025 9:22 pm
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Greasy Fingers's Avatar
United States
5999 Posts
 Posted 03/20/2025  10:37 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
If only we could turn back time and get the old Mints on-line site back. I dislike the new format and can't find the image library anymore.
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jbuck's Avatar
United States
160786 Posts
New Member
United States
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 Posted 03/26/2025  12:24 pm  Show Profile   Bookmark this reply Add AverageMercEnjoy to your friends list Get a Link to this Reply
Best news I've heard in awhile. Good riddance!
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CollegeBarbers's Avatar
United States
2117 Posts
 Posted 03/27/2025  10:05 am  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list Get a Link to this Reply
Disappointing to see she was forced to resign. From all appearances, she was much more engaged with collectors than Director Ryder was. She frequently attended coin shows and worked with the ANA. While I don't always agree with Mint practices, I had no qualms with her as a director.

Quote:
If only we could turn back time and get the old Mints on-line site back. I dislike the new format and can't find the image library anymore.

The old website had a wealth of historical information and images. The new website is terrible in comparison.

Quote:
I'm hoping it will be someone who actually has numismatic experience....

Given the qualifications of other nominees, I highly doubt we'll see an experienced numismatist as director. Q. David Bowers writes in his A Guide Book of the United States Mint that the last merit-based and non-political apppointment was Dr. Robert Patterson, from 1835-1851.
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jbuck's Avatar
United States
160786 Posts
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Brandmeister's Avatar
United States
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 Posted 03/27/2025  11:40 am  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply
Guys, put it in perspective. Gibson is a political appointee to an administration position. She got there because President Biden asked David J. Ryder to resign. Ryder got there because President Trump asked Edmund C. Moy to resign. And so forth, and so on. Incoming presidents install new directors in their administration, that is how our government has always functioned, and is specifically intended to function.
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jbuck's Avatar
United States
160786 Posts
 Posted 03/27/2025  2:20 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
The Mint Director is supposed to be five year appointment. Directors could be expected to straddle across two different four year administrations. Execution of the office has historically been non-partisan in practice, despite party affiliations.

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She got there because President Biden asked David J. Ryder to resign.
I see no evidence he was asked to resign. All sources say he chose to resign on his own, effective October 1, 2021.

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President Trump asked Edmund C. Moy to resign.
Moy was a G.W. Bush appointee and served into Obama's first term. I see no evidence that Obama ever made an effort to replace him. He resigned in 2011 to work in the private sector, not because he was asked to leave.

Deputy Director Richard A. Peterson became acting director under Obama and served for seven years. Obama made no effort to officially fill the role. The official position remained vacant until Trump appointed Ryder.

Gibson is the first Mint director explicitly asked to resign with time left on their five year term.

Sorry, but what we have here now is not the norm you think it is.
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Brandmeister's Avatar
United States
4374 Posts
 Posted 03/27/2025  4:13 pm  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply
My understanding of the five year terms is so that the incoming president has the option to retain directors that they like. This is particularly relevant for when the same party retains power. You don't want their term to sunset with the inauguration.

Termination on political grounds is part of the top political jobs. Thanks for the details about prior appointees, but that doesn't change the fact that administrators serve at the behest of the President, and can be removed at any time, for any reason deemed necessary.
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