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2012 Silver Eagle Set. If mintage maxes out at around 300k what will the value be?
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<p>[QUOTE="krispy, post: 1462251, member: 19065"]Sales figures and mintage of numismatic products have become one and the same, so mintage is the amount of coins released by the mint for these products. It doesn't matter if its an even number like 100,000 of some coin that sold out fast, a fraction of 500,000 coins where this number was the maximum mintage allowed by the coin legislation, or some figure arrived at from the amount of orders placed in a set period of time, such as this product we are discussing. </p><p><br /></p><p>Even if the Mint has over produced (minted) the amount of coins it needs to fulfill all orders before a given product goes off-sale, the mintage will be determined by what is released (per orders placed) and all extra coins kept in inventory at the Mint will eventually be destroyed, as I mentioned earlier in the 2009 UHR example. We often don't know final mintage of numismatic products for many months after a coin is no longer available for sale. In the case of circulation strikes that may extend to not knowing for a couple of years. Such figures are adjusted in either products minted during the months and years after minting stops and all excess inventory is destroyed.</p><p><br /></p><p>What prevents the Mint from extending the order deadline of this product is their reputation amongst customers/collectors. They have stated 'mint to demand' means ordering is only available for the defined period of time. To reverse that after orders have been being placed would risk angering many of those existing orders placed. </p><p><br /></p><p>Of course the Mint needs to have an excess on hand if they are going to issue exchanges of this product, but the Mint have not stated a return policy for this product that is any different than their existing one. </p><p><br /></p><p>I'm not able to call the Mint to inquire about the return policy of this product, but if someone feels up to it and wouldn't mind reporting back, I'd appreciate hearing what you learn about this.</p><p><br /></p><p>I have also mentioned this in a previous post somewhere, but if orders placed now are cancelled prior to being shipped to the customer, will the odometer reflect negative positions in its daily calculation?[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1462251, member: 19065"]Sales figures and mintage of numismatic products have become one and the same, so mintage is the amount of coins released by the mint for these products. It doesn't matter if its an even number like 100,000 of some coin that sold out fast, a fraction of 500,000 coins where this number was the maximum mintage allowed by the coin legislation, or some figure arrived at from the amount of orders placed in a set period of time, such as this product we are discussing. Even if the Mint has over produced (minted) the amount of coins it needs to fulfill all orders before a given product goes off-sale, the mintage will be determined by what is released (per orders placed) and all extra coins kept in inventory at the Mint will eventually be destroyed, as I mentioned earlier in the 2009 UHR example. We often don't know final mintage of numismatic products for many months after a coin is no longer available for sale. In the case of circulation strikes that may extend to not knowing for a couple of years. Such figures are adjusted in either products minted during the months and years after minting stops and all excess inventory is destroyed. What prevents the Mint from extending the order deadline of this product is their reputation amongst customers/collectors. They have stated 'mint to demand' means ordering is only available for the defined period of time. To reverse that after orders have been being placed would risk angering many of those existing orders placed. Of course the Mint needs to have an excess on hand if they are going to issue exchanges of this product, but the Mint have not stated a return policy for this product that is any different than their existing one. I'm not able to call the Mint to inquire about the return policy of this product, but if someone feels up to it and wouldn't mind reporting back, I'd appreciate hearing what you learn about this. I have also mentioned this in a previous post somewhere, but if orders placed now are cancelled prior to being shipped to the customer, will the odometer reflect negative positions in its daily calculation?[/QUOTE]
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2012 Silver Eagle Set. If mintage maxes out at around 300k what will the value be?
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