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<p>[QUOTE="desertgem, post: 1959754, member: 15199"]The idea that number minted drives variations in value seems to have transferred over from U.S. numismatic rarities to bullion and especially foreign bullion commemorative coinage. Why does any national mint today offer any bullion metal coin ( Let's say the gold Kennedy ( .75 oz gold) at $1240 or a premium of about 33%) and expect it to sell well , unless they limit its number to get the speculators, dealers-TPGspecials, and the unsuspecting newbies to buy. So if 100,000 won't drive the pricing, lets try 50,000. But what if gold goes down? so lets try 40,000. But some countries use 10,000, 5,000, 1,000 or even less- Saw one that was limited to 100....In order to convince people that Value is ALWAYS proportional to mintage. </p><p><br /></p><p>If you are a Kennedy collector, the price could be even higher if the mintage was lower as there aren't as many Kennedy collectors as say Lincoln. When Lincoln is removed from the cent, expect a 1/2oz gold Lincoln wheatback, maybe 100,000 mintage and 100% premium and they would still sell out. IMO.</p><p><br /></p><p>Medoraman knows well this scheme~ US and Foreign mints.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1959754, member: 15199"]The idea that number minted drives variations in value seems to have transferred over from U.S. numismatic rarities to bullion and especially foreign bullion commemorative coinage. Why does any national mint today offer any bullion metal coin ( Let's say the gold Kennedy ( .75 oz gold) at $1240 or a premium of about 33%) and expect it to sell well , unless they limit its number to get the speculators, dealers-TPGspecials, and the unsuspecting newbies to buy. So if 100,000 won't drive the pricing, lets try 50,000. But what if gold goes down? so lets try 40,000. But some countries use 10,000, 5,000, 1,000 or even less- Saw one that was limited to 100....In order to convince people that Value is ALWAYS proportional to mintage. If you are a Kennedy collector, the price could be even higher if the mintage was lower as there aren't as many Kennedy collectors as say Lincoln. When Lincoln is removed from the cent, expect a 1/2oz gold Lincoln wheatback, maybe 100,000 mintage and 100% premium and they would still sell out. IMO. Medoraman knows well this scheme~ US and Foreign mints.[/QUOTE]
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