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<p>[QUOTE="Speedie, post: 1290475, member: 28064"]I don't get it either. The ire, if any, should be directed at the Mint for a) making so few sets and b) setting the household limit to 5. I don't personally understand either decision.</p><p><br /></p><p>Regarding (a) the average annual mintage of Proof ASEs has been running at 750K+ since the year 2000. It doesn't take a rocket surgeon to figure out that the demand for the 25th anniversary set would run pretty close to that number. If their reasoning was a shortgage of blanks (I'm guessing) then maybe they should have directed the available blanks to these sets rather than the 2011 W Burnished coin. There hadn't been any Burnished coins produced since 2008 anyway, and I'm sure most ASE collectors, of which I am one, would have rather seen the sets be more widely available. I haven't read of any shortage of blanks though, so the true reasoning behind the limited mintage is hard to fathom.</p><p><br /></p><p>Regarding (b) with demand likely to outstrip supply by 7:1 or 8:1, why the heck set the limit at 5 per household? The limit for the "P" mintmark ATB 5oz coins was 1 per household, and that series has absolutely nowhere near the collector base of ASEs. Perhaps they just didn't want to deal with fulfilling 100K separate orders?</p><p><br /></p><p>With that said, the facts are that only 100K sets were available and the limit was 5 per household. A simple understanding of market forces, good old supply and demand, dicates that even if the ratio is only 4:1 demand:supply then money would be made by someone, somewhere in the supply chain. Had the Mint priced the sets at $500 right out of the gate, there would have been howls of protest. Had they set the limit at 1 per household, it wouldn't make one iota of difference to the demand:supply ratio, and secondary market prices would have ultimately hit the same level. The sellout would have taken longer is all. Yes, more sets might have ended up in "strong hands" initially that way, but if 400K collectors want 100K sets then there will be 300K disappointed collectors regardless of how you slice and dice it.[/QUOTE]</p><p><br /></p>
[QUOTE="Speedie, post: 1290475, member: 28064"]I don't get it either. The ire, if any, should be directed at the Mint for a) making so few sets and b) setting the household limit to 5. I don't personally understand either decision. Regarding (a) the average annual mintage of Proof ASEs has been running at 750K+ since the year 2000. It doesn't take a rocket surgeon to figure out that the demand for the 25th anniversary set would run pretty close to that number. If their reasoning was a shortgage of blanks (I'm guessing) then maybe they should have directed the available blanks to these sets rather than the 2011 W Burnished coin. There hadn't been any Burnished coins produced since 2008 anyway, and I'm sure most ASE collectors, of which I am one, would have rather seen the sets be more widely available. I haven't read of any shortage of blanks though, so the true reasoning behind the limited mintage is hard to fathom. Regarding (b) with demand likely to outstrip supply by 7:1 or 8:1, why the heck set the limit at 5 per household? The limit for the "P" mintmark ATB 5oz coins was 1 per household, and that series has absolutely nowhere near the collector base of ASEs. Perhaps they just didn't want to deal with fulfilling 100K separate orders? With that said, the facts are that only 100K sets were available and the limit was 5 per household. A simple understanding of market forces, good old supply and demand, dicates that even if the ratio is only 4:1 demand:supply then money would be made by someone, somewhere in the supply chain. Had the Mint priced the sets at $500 right out of the gate, there would have been howls of protest. Had they set the limit at 1 per household, it wouldn't make one iota of difference to the demand:supply ratio, and secondary market prices would have ultimately hit the same level. The sellout would have taken longer is all. Yes, more sets might have ended up in "strong hands" initially that way, but if 400K collectors want 100K sets then there will be 300K disappointed collectors regardless of how you slice and dice it.[/QUOTE]
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