US Mint results = +/- 40% drop in sales
 

http://news.coinupdate.com/united-st...-results-0119/


If YOU don't got IT (the good stuff like real gold) you can't sell it. :ok:

Right, TUNGSTEN TIM? :111:

http://www.presstv.ir/detail.aspx?id...tionid=3510213

Caught with their hands in the US Dollar C@@KIE jar.

:504:

Re: US Mint results = +/- 40% drop in sales
 

Is that Mint Results, or Mint Creates?

Either way is fine really, I'm just feeling a bit sticky in this after lunch...I guess.

Re: US Mint results = +/- 40% drop in sales
 

Only a government operation could simultaneously enjoy record high revenues and still see a decline of 40% in net profits.

Geitner says "I'm fully responsible" and "the American people should be outraged" practically in the same breath. This guy is almost as haughty and arrogant as Obongo. Where's Madame LaFarge when we need her most?:favorites21::favorites21::favorites21:

Re: US Mint results = +/- 40% drop in sales
 

Re: US Mint results = +/- 40% drop in sales
 

"The decline was driven by the shift in volume from higher margin circulating coins and numismatic products to lower margin bullion coins."

Makes sense. They're not making as much because now they're selling mostly low margin bullion.

Re: US Mint results = +/- 40% drop in sales
 

So did Bastille Day.

Re: US Mint results = +/- 40% drop in sales
 

The point in the original post was that with the highest price in GOLD EVER they can't produce from their 281 MILLION ounces - cause
TINY TIM is stuck with what he's REALLY got.

Re: US Mint results = +/- 40% drop in sales
 

"The United States Mint Director Edmund Moy cited the severity and rapidity of the recession as a factor in the year's results, affecting all three segments of their operations."

Yeah Ed, this has nothing to do with you clowns dropping your most popular numismatics (Gold and Silver Eagle Proofs), as well as the "W" mint uncirculateds that were still finding a market in the short two years they were around (summer '06 to summer '08), not to mention the on-again, off-again production of bullion products. Oh, and your adherence to supporting loser numismatics like the Presidential HAGS series. Take your lumps like a man, Ed, you deserve every one, and then some.

Re: US Mint results = +/- 40% drop in sales
 

Suggestions considered, what do you think? I've collected all of the PF69 SAEs, except the 1995-W (right now anyway) and somehow wound up with a 2008-W ER PF70 & a 2008-W PF69 (which is in my collection). Should I sell the 2008-W ER PF70 or keep it since it looks like 2008 was the last year of the proofs. Come on you Numismatic type peoples, speak up. NGC has it listed at $111.25 right now, think it will go up since 2008 is the last year for proofs? :hissyfit_m:

Re: US Mint results = +/- 40% drop in sales
 

Never sell your gold - NEVER. That goes three times for rare ones because GUESS WHAT? :sheep: Sheeple will in the future pay three times more for it than NOW.

GET IT? :signs14::23_30_104:

Re: US Mint results = +/- 40% drop in sales
 

Sorry HS the coin in question is an ASE. This is what I have up at NGC;

Silver Eagles 1986-Date, Mint State livtocruz's, MS-69 ASE's 461 865
Silver Eagles 1986-Date, Proofs livtocruz's, PF-69 ASE's 5650 231
Silver Eagles 1986-Date, Proofs livtocruz's, PF-70 ASE's 366 677
1/10th Oz. Gold Eagles 1986-Date, Mint State livtocruz's $5 AGE's 527 184
1/4 Oz. Gold Eagles 1986-Date, Proofs livtocruz's $10 AGE's 674 50

Re: US Mint results = +/- 40% drop in sales
 

Okay - here's the BEST silver coins to KEEP:

#1 JUNK silver US coins (including silver dollars!)

#2 US Silver Eagles :23_30_104:

Dispose of the rest first!!!!:36_3_16:

Re: US Mint results = +/- 40% drop in sales
 

Good Thread

Thanks for the RUSH posts!

Re: US Mint results = +/- 40% drop in sales
 

HS, sent you a PM.