We all know the mnintage is too high. If the mint has low sales and it is getting close to Jan.1, 2008, do you think the mint would stop sales and have a artificially low mintage to drive up coin interest? They have tricked us before.
That thought almost makes you want to buy one in the last week of the year, hold on to it for a couple weeks to see what happens and if sales continue just return it for credit. I said "almost". I would never pull a stunt like that. I imagine some people will though.
Buffalos... Didn't the Mint continue to sell the 06 Buffalos well into 2007? Why would they stop selling the 10TH ANNIVERSARY Platinum set???
well taz, it depends on the legislation. if the legislation says they must halt sales on december 31st, then they must... i dont know if it does say that but thats where to look.
I believe the mint felt they left a lot of money on the table with the Gold Anniversary set last Year. Could have sold a lot more it seems. I am sure they did not want that to happen this year with the platinum sets. The mint has to sell coins at a profit by law. While they may have decided to increase their profit margin on these sets, the public is getting these sets at wholesale. The premium or mark up of these sets while it may seem high, is probably pretty low if you compare this to other "business" who are out there to make a buck. Remember after the first week the mint can change the purchase limit. As it has been said many times and many ways, collect what you like. This will probably be a very nice set. I wished the mint could have come up with some tamper proof packing that one could look at their coins and still would be acceptable to the main TPG graders. Of course that would have created a major conspiracy theory and would create more problems than it would solve but still this would have been nice.
The legislation for the American Buffaloes said they had to sell the coins for at least a year and they weren't introduced until mid-year 2006.