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<p>[QUOTE="krispy, post: 970128, member: 19065"]Conder, I'd like to see some of your proof to the contrary. These are not unlikely scenarios and as much has been written and suggested about Mint inventories and final sales in numismatic media channels.</p><p><br /></p><p>The Mint certainly have required bullion dealers to take older inventory with incoming orders of new inventory in the past. It was the case when the allocation program was in effect. Incoming orders for new gold/silver Eagles, for instance, 2010 orders required a percentage of each order to be taken in the previous year's (2009) issued coins until the inventory was depleted. Many bullion retail dealers sell BU commems at close to spot, items not considered grade worth or in a condition to sell with a numismatic premium. These returned/damaged/lower quality coins can be acquired from the Mint through the bullion dealer network selling reduce back stock to retail dealers. In this capacity the Mint does sell out of all the coins they've minted which can be liquidated through the bullion dealer network.</p><p><br /></p><p>350,000 units for the BSA is a decline? I think not. And how do you compare it to prove there's a continuing decline in mintages? It's not like they issue the same commemorative coin year after year like the Eagle program with mintages that differ one year from the next for direct comparison. Perhaps bullion demand and the Mint's excuse of a problem sourcing proof planchets could be cited as a drain on higher mintage capability with regards to commemoratives mintage decline. At any rate each commemorative has it's own legislation authorizing it to be minted, so the number could be voted higher or lower based on different demographics the coin appeals to through greater lobbying efforts and other supply issues, et al.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 970128, member: 19065"]Conder, I'd like to see some of your proof to the contrary. These are not unlikely scenarios and as much has been written and suggested about Mint inventories and final sales in numismatic media channels. The Mint certainly have required bullion dealers to take older inventory with incoming orders of new inventory in the past. It was the case when the allocation program was in effect. Incoming orders for new gold/silver Eagles, for instance, 2010 orders required a percentage of each order to be taken in the previous year's (2009) issued coins until the inventory was depleted. Many bullion retail dealers sell BU commems at close to spot, items not considered grade worth or in a condition to sell with a numismatic premium. These returned/damaged/lower quality coins can be acquired from the Mint through the bullion dealer network selling reduce back stock to retail dealers. In this capacity the Mint does sell out of all the coins they've minted which can be liquidated through the bullion dealer network. 350,000 units for the BSA is a decline? I think not. And how do you compare it to prove there's a continuing decline in mintages? It's not like they issue the same commemorative coin year after year like the Eagle program with mintages that differ one year from the next for direct comparison. Perhaps bullion demand and the Mint's excuse of a problem sourcing proof planchets could be cited as a drain on higher mintage capability with regards to commemoratives mintage decline. At any rate each commemorative has it's own legislation authorizing it to be minted, so the number could be voted higher or lower based on different demographics the coin appeals to through greater lobbying efforts and other supply issues, et al.[/QUOTE]
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