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Replies: 100 / Views: 13,191 |
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Pillar of the Community
United States
7390 Posts |
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Bedrock of the Community
 United States
12839 Posts |
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Pillar of the Community
United States
4901 Posts |
I saw that...pointless label even IF the numbers were correct.
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Moderator
 United States
188648 Posts |
Oops. 
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Pillar of the Community
United States
4211 Posts |
Ouch! I through from the beginning that was nonsense to care which mint a silver eagle bullion coin came from. Who would care on a non mint marked coin?
Edited by Debrajc 05/26/2017 4:51 pm
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Moderator
 United States
188648 Posts |
Quote: Ouch! I through from the beginning that was nonsense to care which mint a silver eagle bullion coin came from. Who would care on a non mint marked coin? I agree. It does not matter to me. Imagine the chaos if it was discovered that there was a way to determine which non-mint marked cents were ones minted in West Point or San Francisco instead of Philly. 
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Valued Member
United States
89 Posts |
lol and people are paying $550 to $600 for a 2015 bullion eagle because the label says it was made in Philly, 
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Valued Member
United States
452 Posts |
I don't think it was the US mint that messed up "bigly" on this one. ;)
The mint is still whole in regard to original sells.
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Pillar of the Community
United States
4901 Posts |
Well... ..the Mint said "boxes with this serial number came from this Mint".. ..based on that info interested parties with the box with that number had them certified as being from that Mint... ..the Mint then says "Well, those numbers we gave out actually were not from that Mint"
Sounds like erroneous info was given out and people acted on that info...I would vote "bigly" for the Mint
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Valued Member
United States
452 Posts |
I agree the information released by the Mint was erroneous. It led to many dubious paper labels getting injected into the coin market.
Edited by AES 05/28/2017 9:57 pm
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Moderator
 United States
188648 Posts |
Plenty of mistakes were made by all involved, the mint, the label makers, and the buyers. 
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Valued Member
United States
154 Posts |
I feel that the grading companies and the dealers were splitting hairs with this, as to many of us these coins are nothing more than bullion. They took a gamble and those who purchased them took a leap of faith. The aftermath of this is not going to be pretty. There are now thousands of bullion coins in very expensive slabs and lots and lots of money lost.
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New Member
United States
10 Posts |
Not that I disbelieve you, but I did not see any articles where the mint changed their mind about the box bands. That said, this looks like a mess.
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Pillar of the Community
 United States
7390 Posts |
I feel sorry for the buyers that have paid $4k+ for an ms70... Not really though
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Rest in Peace
United States
2668 Posts |
It's the government, get use to it.
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Pillar of the Community
Canada
640 Posts |
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Replies: 100 / Views: 13,191 |