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<p>[QUOTE="Conder101, post: 1958949, member: 66"]Not if they have already been struck to make an entire authorized mintage before the the coin goes on sale. I realize this isn't possible for the Kennedy sets since there is no mintage limit, but on some earlier issues it would have caused problems if they had followed that procedure. For example the 2011 US Army dollar had an authorized mintage of 400,000 for both Unc and proof combined. Now if you are going to strike them all before they go on sale how many of each do you strike? And even you could figure out a split, once sales ended they would have still had over 236,000 stuck coins on their hands. If they were planchets, they could have been held over and used for the commemorative dollars the next year. But if they had struck them all ahead of time, as suggested, they are now useless and have to be melted back down and reprocessed into planchets all over again. That costs money. (The mint doesn't do it themselves they would have to pay to ship them to a private firm that would melt them down and process the silver back into planchets, and then ship them back to the mint.)</p><p><br /></p><p>Any time they had an authorized maximim mintage if they followed the "coin them all up ahead of time" they would run the risk of running into that possibility. That don't that and that is why they don't usually end up holding the bag. (But this is also why they often wind up selling the silver proof sets well into the following year. They pre-coined too many of them. So it means either extend the sales window, or melt them down and lose the money invested in them.)</p><p><br /></p><p>I will agree that the mint IS usually too conservative on the number it does pre-strike.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1958949, member: 66"]Not if they have already been struck to make an entire authorized mintage before the the coin goes on sale. I realize this isn't possible for the Kennedy sets since there is no mintage limit, but on some earlier issues it would have caused problems if they had followed that procedure. For example the 2011 US Army dollar had an authorized mintage of 400,000 for both Unc and proof combined. Now if you are going to strike them all before they go on sale how many of each do you strike? And even you could figure out a split, once sales ended they would have still had over 236,000 stuck coins on their hands. If they were planchets, they could have been held over and used for the commemorative dollars the next year. But if they had struck them all ahead of time, as suggested, they are now useless and have to be melted back down and reprocessed into planchets all over again. That costs money. (The mint doesn't do it themselves they would have to pay to ship them to a private firm that would melt them down and process the silver back into planchets, and then ship them back to the mint.) Any time they had an authorized maximim mintage if they followed the "coin them all up ahead of time" they would run the risk of running into that possibility. That don't that and that is why they don't usually end up holding the bag. (But this is also why they often wind up selling the silver proof sets well into the following year. They pre-coined too many of them. So it means either extend the sales window, or melt them down and lose the money invested in them.) I will agree that the mint IS usually too conservative on the number it does pre-strike.[/QUOTE]
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