Comments on: Coin Discovery Set to Introduce Coin Collecting

By: Joe C.

Joe C. — Tue, 16 Dec 2014 17:31:35 +0000

If you have a young one around the house or a young relative it might make a good gift to get them interested in coin collecting.

By: Mike

Mike — Tue, 16 Dec 2014 16:58:11 +0000

Do you think it is worth buying these?

By: Suzanne

Suzanne — Sat, 06 Dec 2014 16:17:55 +0000

I agree with a few of your comments. One I do not agree with is that the mint generates most of their income through dealers, I rarely purchase anything from the mint, they charge way over spot and they have a horrible return policy. I think this set is a great idea but once again they fall short of the big picture by the minting limits and the release date as RonnieBGood pointed out, they probably won’t make it in time for Christmas.
Jack… Had to laugh at the grading comment!!
To my knowledge the Mint will not be attending coin shows after the last ANA / Gold Kennedy problems but I agree that they should give them out at coin shows, they make up revenue on everything they sell to give these away, having said that I think I should buy some to give away at shows, I give away coins now and help young collectors fill books, I feel this is must if I want to see the hobby continue. Thank you for the read, Merry Christmas to all.

By: RonnieBGood

RonnieBGood — Thu, 04 Dec 2014 01:48:05 +0000

A good Idea but Why Launch just in time to Miss Delivery by Mail for the Holidays???

By: Joe C.

Joe C. — Tue, 02 Dec 2014 21:04:01 +0000

They should be giving these sets away to the kids at coin shows.

By: Jack

Jack — Tue, 02 Dec 2014 20:51:04 +0000

PCGS & NGC hopefully will grade the entire set INCLUDING the cotton gloves.

By: jim

jim — Tue, 02 Dec 2014 20:22:34 +0000

Probably a box dep dir Peterson had to check off in his list of goals for 2014. Nevermind that it’s not even a half hearted attempt. But it does show how the mint can charge so much for so little – a lesson the little tykes need to learn some time.

By: Tinto

Tinto — Tue, 02 Dec 2014 19:02:42 +0000

And to demonstrate their total blindness to collectors … they did not even include other coin denominations which are more easily found in everyday change like the ATB quarters …. would have been nice if they included some unc ATB quarters … to go with the quarter tubes …

By: Tinto

Tinto — Tue, 02 Dec 2014 18:53:51 +0000

@James O’Brien

Yeah, the Mint does it again … par for the course. They probably just looked at this as a simple line item which will not generate much income so it is shunted to the end of the line. They are not thinking IMO of future collectors… since most of their income/profits are coming in from dealers and large volume buyers. It would be interesting to see how much revenue the Mint gets from this non-collector base. Do they break this info out in their Annual Report

By: James O'Brien

James O'Brien — Tue, 02 Dec 2014 18:27:03 +0000

The US Mint is LIMITING the issue of these introductory coin collecting kits to 45,000 but issues millions of silver and gold coins each year – how incredibly short-sighted is this ???

This must be the numismatic marketing ‘faux pas’ of the century (so far)