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<p>[QUOTE="GDJMSP, post: 57166, member: 112"]Right on the Mint's web page they have this comment - </p><p><br /></p><p><br /></p><p><br /></p><p>So - what that means is that in 2005 they could have sold not only coins dated 2005 - but also coins dated 2004 as well. </p><p><br /></p><p>And if you take a year just a bit farther back - say 2002 - the sales totals can equal coins struck in 2001, 2002 & 2003. For example - the sales total of 1 oz gold for 2002 is 239,500 coins. But yet when you check the mintage numbers for 1 oz gold in 2002 - there were only 222,029 struck.</p><p><br /></p><p>So as you can see sales totals can be rather misleading. It can go the other way too. In some years you will have a higher mintage number than you do a sales total for that year. But you still don't know for sure just how many of those coins were actually sold and made it into the publics hands. So your comment about that is valid.</p><p><br /></p><p>Something else to consider about that - even the mintage numbers from past years don't reflect how many coins of a given date were sold or made it into the publics hands. For the Mint reports how many they struck with a given date. What they DON'T tell you is how many of those coins of that date they had left at the end of the year that they did NOT sell. And all leftover coins are melted. So you can easily have say a mintage of 400,000 for say 2003 - but perhaps only 375,000 of the 2003 coins were sold. That means that 25,000 of those 2003 coins were melted down. </p><p><br /></p><p>Now - if you want to get real techinical, you can dig into the mint's annual reports, find out what the melting costs were for these coins in that year - and then try to figure out how many coins they melted based on that. But it's highly inaccurate. </p><p><br /></p><p>That's why we go with mintage and forget about the rest <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> </p><p><br /></p><p><br /></p><p>Even more confused now ? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> Don't feel bad - when you deal with the mint - it's hard NOT to be confused !! For they don't make anything simple. It's almost like they don't WANT us to know the facts <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> </p><p><br /></p><p>But they wouldn't do that - now would they ? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I haven't explained this in years - it was kinda fun <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 57166, member: 112"]Right on the Mint's web page they have this comment - So - what that means is that in 2005 they could have sold not only coins dated 2005 - but also coins dated 2004 as well. And if you take a year just a bit farther back - say 2002 - the sales totals can equal coins struck in 2001, 2002 & 2003. For example - the sales total of 1 oz gold for 2002 is 239,500 coins. But yet when you check the mintage numbers for 1 oz gold in 2002 - there were only 222,029 struck. So as you can see sales totals can be rather misleading. It can go the other way too. In some years you will have a higher mintage number than you do a sales total for that year. But you still don't know for sure just how many of those coins were actually sold and made it into the publics hands. So your comment about that is valid. Something else to consider about that - even the mintage numbers from past years don't reflect how many coins of a given date were sold or made it into the publics hands. For the Mint reports how many they struck with a given date. What they DON'T tell you is how many of those coins of that date they had left at the end of the year that they did NOT sell. And all leftover coins are melted. So you can easily have say a mintage of 400,000 for say 2003 - but perhaps only 375,000 of the 2003 coins were sold. That means that 25,000 of those 2003 coins were melted down. Now - if you want to get real techinical, you can dig into the mint's annual reports, find out what the melting costs were for these coins in that year - and then try to figure out how many coins they melted based on that. But it's highly inaccurate. That's why we go with mintage and forget about the rest ;) Even more confused now ? :D Don't feel bad - when you deal with the mint - it's hard NOT to be confused !! For they don't make anything simple. It's almost like they don't WANT us to know the facts :eek: But they wouldn't do that - now would they ? :D I haven't explained this in years - it was kinda fun :)[/QUOTE]
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