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<p>[QUOTE="fatima, post: 830624, member: 22143"]Anecdotally there is no evidence of this. You can find a ton of Washington, Adams, etc coins where they initially sold out, for resale. Not so easy for subsequent coins where the issuance was a lot lower. </p><p><br /></p><p>A good example are the 3 coins that have been released in the Liberty sub-series. i.e. Jefferson, Jackson, & Van Buren. Jefferson sold out, but Jackson and Van Buren are in the 7000s for the Proof version. Now at the dealers and ebay Jefferson is easy to find and are relatively inexpensive. Contrast that to the other two coins. They are hard to find and sell at a pretty stiff premium if you can find one. This would suggest the mint did not take the excess and dump them on the market through the dealer program. My guess is the excess are being melted down. </p><p><br /></p><p>I'm not saying that legally it can't happen. The wording is ambiguous enough for it to go either way, but there is no evidence that it is happening. Strictly speaking the way it is worded, one could assume they have to keep the program running until 2 years after Bush Jr. has passed away. I would think that if the mint was dumping the excess coins on the dealers that by now the news would have leaked out. It doesn't make much sense as the mint always announces quantities bullion sales to dealers and there have not been any announcements for any of the First Spouse coins after they are withdrawn from the mint's store.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 830624, member: 22143"]Anecdotally there is no evidence of this. You can find a ton of Washington, Adams, etc coins where they initially sold out, for resale. Not so easy for subsequent coins where the issuance was a lot lower. A good example are the 3 coins that have been released in the Liberty sub-series. i.e. Jefferson, Jackson, & Van Buren. Jefferson sold out, but Jackson and Van Buren are in the 7000s for the Proof version. Now at the dealers and ebay Jefferson is easy to find and are relatively inexpensive. Contrast that to the other two coins. They are hard to find and sell at a pretty stiff premium if you can find one. This would suggest the mint did not take the excess and dump them on the market through the dealer program. My guess is the excess are being melted down. I'm not saying that legally it can't happen. The wording is ambiguous enough for it to go either way, but there is no evidence that it is happening. Strictly speaking the way it is worded, one could assume they have to keep the program running until 2 years after Bush Jr. has passed away. I would think that if the mint was dumping the excess coins on the dealers that by now the news would have leaked out. It doesn't make much sense as the mint always announces quantities bullion sales to dealers and there have not been any announcements for any of the First Spouse coins after they are withdrawn from the mint's store.[/QUOTE]
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