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The New Unemployment America The Beautiful Silver Quarters

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parkquarters's Avatar
United States
442 Posts
 Posted 01/07/2011  7:21 pm Show Profile   Bookmark this topic Add parkquarters to your friends list Get a Link to this Message Number of Subscribers
Poll Question
What do you think about this idea or something like it ?

http://numismaster.com/ta/numis/Art...icleId=16897

A T B Coin Craze Update !

http://numismaster.com/ta/numis/Art...icleId=16900

Poll Choices
 I like it
 I dont
 Undecided

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Maineman750's Avatar
United States
3592 Posts
 Posted 01/07/2011  7:59 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
If there were a way to determine whcih of the unemployed were really trying to find jobs, I might think it a good idea...but I know of too many people riding the gravy train at my expense.
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stewart's Avatar
United States
1126 Posts
 Posted 01/07/2011  8:16 pm  Show Profile   Bookmark this reply Add stewart to your friends list Get a Link to this Reply
I think the entire ATB 5 oz. program was put together
from start to finish by some of the most inept mint
officials in U.S. History.
But then again it could have been designed to be such
a colossal screw up on purpose. I wonder how many sets
that mint officials have in their possession or in the possession
of family members? Either way I do not let it bother me or my
chosen hobby. When there are rarities that are so evidently made
and distributed on purpose. I would not want one to be in my collection. It would just leave a negative feeling in a collection
of coins that I thoroughly enjoy. The whole thing just turns me off
to the whole State Parks series.


parkquarters, Great Tag Line

Valued Member
United States
372 Posts
 Posted 01/07/2011  8:39 pm  Show Profile   Bookmark this reply Add mmerc20 to your friends list Get a Link to this Reply
When I first heard about these I thought it would be something neat to get, but not for that insane price and it makes me think twice about buying from the mint altogether.
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carmykle's Avatar
United States
2448 Posts
 Posted 01/07/2011  8:58 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
I was flipping through the channels the other day and happened on HSN. Our favorite Coin Dealer has X number of sets, Slabbed at MS or PF69 (whichever they are), labeled as first strike and just as your second site indicated, selling for $4799 +. There you go, hope you got one, but as I predicted, the mint screwed this one up big time. As far as I'm concerned, they are a novelty! I'm almost looking forward to silver going down to 3 or 4 bucks an ounce.

I thought this was for collectors. Obviously our representatives had "friends" that wanted some type of minting gratification. I'm have become completely soured to the program.
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parkquarters's Avatar
United States
442 Posts
 Posted 01/07/2011  9:12 pm  Show Profile   Bookmark this reply Add parkquarters to your friends list Get a Link to this Reply

Quote:
Great Tag Line


Thanks stewart

These are just bullion coins but not bad for $860 a set if you got in early for them I just cant understand wy people would pay outrageous price's for them on the secondary market I was watching coin vault and they said a set of 70's would value at 60k & hsn/coin collector stated 125k for a set of 70's I guess people are hopeing to get back 70's from the TPG co. it will be hard thoe with a 3' diameter thoes are big coins but one 70 would cover the cost of the set!
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mitchhailey's Avatar
United States
1150 Posts
 Posted 01/08/2011  03:27 am  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
Who the heck is running the mint? 10 year olds!? Who ever heard of a flippin' five ounce QUARTER! This is stupid. And I for one would not even want one of those coins taking up space in my safe. This was a handout, by the mint, to all the no-moral-having 'dealers' and crooks like the HSN. I bet when the execs at the HSN heard the mintages, and how they were going to be released, they started drooling and got all school-girl giggily.
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United States
958 Posts
 Posted 01/08/2011  04:23 am  Show Profile   Bookmark this reply Add coppertop5150 to your friends list Get a Link to this Reply
I think the idea was put into play late 08 early 09 before or at the start of the silver climb.
took awhile to get it approved , then awhile to figure out how to mint the frisbies they had problems with the edge lettering and dies.

By the time they get these " foil pans " into play for 11,12,13 silver might be crazy in price and people paying a arm and a leg for them! and the crazy might be quick and over in a flash. Then the glarring " discus" will sit there collect dust and be a bitter reminder how people got the silver crazy fever over paying .If silver loses alot of value and goed back to pre 09 prices .The coins will prob be called ATU ,america the ugly instead of beautiful

They are neat but other companies make 5 ounce 10 ounce and Kilo silver products as well in much less number then 20,000 some very nice looking bars and blocks
Edited by coppertop5150
01/08/2011 04:25 am
Pillar of the Community
United States
958 Posts
 Posted 01/08/2011  04:34 am  Show Profile   Bookmark this reply Add coppertop5150 to your friends list Get a Link to this Reply
oh as far as they " unemployed coin hand out "
Thats irrational thinking IMO and makes not one valid point in helping the unemployed.


If the mint wanted to help the unemployed.
Set a price of say 999$ per set or base it at 10% above spot and use the profits to be distributed state by state to the unemployments benifits check as well as unemployed food stamps card

You give a unemployed person something to sell , the money might be used on beer, cigs, drugs who knows
just apply the mints profits to unemployed EBT cards and make it only able to be used for food.
Besides alot of unemployed would just find grief in tyring to sell it on ebay , pawn shops
you know they are unemployed and might not have internet acess or gas to even drive to a pawn shop
Valued Member
Davest's Avatar
United States
325 Posts
 Posted 01/08/2011  06:13 am  Show Profile   Bookmark this reply Add Davest to your friends list Get a Link to this Reply
sounds like a great idea to me. I know of a bunch of folks that just couldn't wait to sit at home collecting 1/4 of what they earned working while waiting for foreclosure.

sorry, I just had to let that out.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/08/2011  06:21 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Fact is stranger than fiction.

The Royal Australian Mint has just released for circulation a 20c. piece that commemorates the centenary of the Australian Taxation Office. (known as the Inland Revenue in other parts of the Planet.)

When my son, who is an accountant, first saw the coin, he just burst out in laughter!
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oblakavshtanax's Avatar
United States
757 Posts
 Posted 01/08/2011  11:14 am  Show Profile   Bookmark this reply Add oblakavshtanax to your friends list Get a Link to this Reply
yeah maybe we can just have the states mint new gold eagles on our dollar too, so they can just be given away for free. I think that's called....hmm...oh yeah, welfare. we already have that and it was just extended to beyond 99 weeks. no need for this one.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 01/08/2011  8:26 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
At this point, I still have zero interest in them, and I don't "covet" them in any way, shape, or form.
So I'm just glad that whatever they cost, is no concern to me....
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carmykle's Avatar
United States
2448 Posts
 Posted 01/11/2011  11:25 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
RAM dedicating a coin to Taxation? Well, it is the Third Oldest Profession.
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/11/2011  1:48 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
Who the heck is running the mint? 10 year olds!? Who ever heard of a flippin' five ounce QUARTER!

Don't blame the Mint, they had nothing to do with it as they cannot just create coins willy nilly. The willy nilly business is left to Congress, the legislative body has to create a bill to authorize the creation of a new coin program. The 25 cent denomination was specifically entered into the legislation to counteract private mints/marketing firms from creating their own oversized ATB rounds, thus rendering them legal tender. Remember the ginormous State Quarter rounds? The quarter denomination on the ATB bullion essentially put an end to non-mint items like that.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 01/11/2011  2:30 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
If there were a way to determine whcih of the unemployed were really trying to find jobs, I might think it a good idea...but I know of too many people riding the gravy train at my expense.

I couldn't have said it better. I know people that just sit there waiting on their check each week and use the excuse that everyone is using that there are no jobs out there. I don't feel as if I have any room to talk since I am on disability because of a back injury but when I could work I did every day and would be now if at all possible
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