Following the sell out of the 225th Anniversary Enhanced Uncirculated Coin Set, a few readers asked if I was going to post a comment. I declined to let the rest of the industry have this discussion. I would rather have a discussion about a different issue related to the U.S. Mint: the lack of leadership.
Since the resignation of Edmund Moy as of January 9, 2011, the U.S. Mint has not had a permanent director. Even though Moy’s term would have expired on September 5, 2011, there has been no permanent leadership as required by law.
As of this post, the U.S. Mint has not had a permanent director for 2,407 days or 6 years, 7 months, 3 days and counting. This appears to the longest vacant position in the federal government.
In the past, this seemed to be a good thing because the government professionals taking the reigns of leadership seems to have made decisions that did not appear to hurt collectors. That was until the 225th Anniversary Enhanced Uncirculated Coin Set was sold without household limits.
Given the current state of the government where it is estimated that over 40-percent of the positions open for appointments, including those that do not require Senate confirmation, maybe this is something we have to live with regardless of consequences.