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2017 S Silver Eagle on sale 4/4/17
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<p>[QUOTE="Conder101, post: 2701918, member: 66"]I'm sure the BIG dealers had fun, and they will profit. If you are talking about collectors, who ever guaranteed them a profit?</p><p><br /></p><p><br /></p><p>How do you define what is in the best interest of the public? Since Mint revenue do into the general fund and in theory reduce the about that has to be taken from the public in taxes, sellouts are in the best interest of the public. Unsold merchandise is not. Whether all the coins go to one buyer or one per person doesn't matter to the Mint, they make the same amount either way.</p><p><br /></p><p>And as I have said before this is a problem that the Mint can not win. No matter what they do people are going to be unhappy and complain.</p><p><br /></p><p>Low mintage and no order limit = near instant sellout, collectors miss out and complain.</p><p>Low mintage with low or 1 per household limit = it takes a little longer to sell out but a lot of collectors still get shut out and complain.</p><p>High mintage and struck ahead of time = unsold coins and the collectors complaining that the Mint has flooded the market and destroyed the aftermarket.</p><p>High mintage and struck to order = collectors complain that it takes too long to get their coins, and the flipping aftermarket is destroyed for those who were hoping to get theirs early and didn't.</p><p><br /></p><p>No matter what the mint does they are going to get bashed.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2701918, member: 66"]I'm sure the BIG dealers had fun, and they will profit. If you are talking about collectors, who ever guaranteed them a profit? How do you define what is in the best interest of the public? Since Mint revenue do into the general fund and in theory reduce the about that has to be taken from the public in taxes, sellouts are in the best interest of the public. Unsold merchandise is not. Whether all the coins go to one buyer or one per person doesn't matter to the Mint, they make the same amount either way. And as I have said before this is a problem that the Mint can not win. No matter what they do people are going to be unhappy and complain. Low mintage and no order limit = near instant sellout, collectors miss out and complain. Low mintage with low or 1 per household limit = it takes a little longer to sell out but a lot of collectors still get shut out and complain. High mintage and struck ahead of time = unsold coins and the collectors complaining that the Mint has flooded the market and destroyed the aftermarket. High mintage and struck to order = collectors complain that it takes too long to get their coins, and the flipping aftermarket is destroyed for those who were hoping to get theirs early and didn't. No matter what the mint does they are going to get bashed.[/QUOTE]
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2017 S Silver Eagle on sale 4/4/17
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