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<p>[QUOTE=&quot;krispy, post: 873784, member: 19065&quot;]Of course you&#039;re explicitly right about that, but that&#039;s not actually what I was driving at topic wise in my earlier reply. </p><p><br /></p><p>While this is a &#039;bullion investing&#039; forum, Elaine creates many threads here that take no respect for the differences of bullion verse numismatic coins with precious metal composition, thus co-mingling the discussion of numismatic collectible coins to that of pure investment bullion coins. There are those collectors who will collect bullion coin issues and there will be those collectors who purchase bullion versions in lieu of numismatic versions who otherwise would not, especially since last year the Mint did not release a number of collector versions of those coins. Due to this Elaine has been pushing mintage figures in the bullion realm in an attempt to suggest numismatic premiums can be set on bullion issued coins as is her want to do with statistics and generalized data especially as soon as there&#039;s any whiff of news about a new coin about to hit the market. She speculates, but does she also adhere to her own advice and actually take possession of said coins... the verdict is still out on this. </p><p><br /></p><p>It gets rather hairy in this regard having to constantly separate the two: bullion from numismatic, in a forum supposedly already separated from collectible coin topics for the discussion of bullion for investment.</p><p><br /></p><p>What I had meant to imply was that investor demand for bullion gold may be down this year over last for AGEs and that perhaps due to <i>familiarity</i> of the AGE series (23 years running) to that of the AGB series (4 years running), that less investor demand for AGEs may offer more production time and staff to be employed for minting other coins. I fell that <i>investors</i> are less eager to scoop up AGBs than AGEs due to series familiarity and this year there could be less demand due to prior investor positioning steps taken. After last years collector disappointment over certain coins not being issued, a pre-disposition by the Mint to acquire more blanks for the Buffalos to mint enough of those coins earlier in the year and satisfy collector demand is certainly a possibility, even though the number of Proofs sold was less than might have been expected with no ordering limits. Investor demand in AGBs seems to be changing and interest growing as the series itself ages and so we see/saw more bullion AGBs sold. However, the collector base for AGB coins compared to that of the AGE coins remains a factor. That is, never minding the differences of metal composition and production logistics involved in minting one over the other in terms of the collector. Similarly, the amount of investors and collectors who are likely greater in number this year but who are already positioned in physical gold, be it 22k or 24k coins, compared to last year, gives me the impression of less demand for gold coins overall. In this sense I felt the Mint will have to work harder to find and convince buyers, be they bullion investors, coin collectors or some mixture of both in order for sales to perform as briskly as they did last year. </p><p><br /></p><p>In short, I disagree with Elaine&#039;s mintage reasoning stated earlier because mintage will only be determined sometime in early 2011 based on actual sales figures and as I believe demand will be less this year, therefore mintage figures will not exceed last year&#039;s as Elaine&#039;s prediction above states. In this scenario she might have a prediction for what these coins will do with lower mintage figures and any ensuing numismatic premiums to follow once they stop minting them and the mint sells out their inventory to the bullion dealers, a concern nearly a year away during which time PMs and the Mint could do just about anything to upset all this premature speculation based on prior years factors.[/QUOTE]</p><p><br /></p>

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