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<p>[QUOTE="Conder101, post: 970289, member: 66"]Bullion YES (to the distributors) Commemoratives No. And the reason bullion retail dealers are selling the commems for close to bullion is because they have purchased them over the counter at close to bullion as well Because that is all a lot of them are worth.</p><p><br /></p><p>And even if the mint sells all the coins they have MINTED that does not mean a "sell out" unless they have minted as many as were authorized. For many issues that is not the case.</p><p><br /></p><p>As for 350,000 being a decline, they used to authorize 2 million coins and they couldn't sell out The authorizd mintages have been dropping and dropping 1.5 million, 1 million, 750,000, 500,000 and a fair number of those issues didn't sell out Now we are down to 350,000 for both unc and proof combined and it still took over 4 months to sell out (Over 200,000 in four days then four months to sell the next 100,000 and that for a program that was supposed to have a high demand) Yes I would call that a decline.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 970289, member: 66"]Bullion YES (to the distributors) Commemoratives No. And the reason bullion retail dealers are selling the commems for close to bullion is because they have purchased them over the counter at close to bullion as well Because that is all a lot of them are worth. And even if the mint sells all the coins they have MINTED that does not mean a "sell out" unless they have minted as many as were authorized. For many issues that is not the case. As for 350,000 being a decline, they used to authorize 2 million coins and they couldn't sell out The authorizd mintages have been dropping and dropping 1.5 million, 1 million, 750,000, 500,000 and a fair number of those issues didn't sell out Now we are down to 350,000 for both unc and proof combined and it still took over 4 months to sell out (Over 200,000 in four days then four months to sell the next 100,000 and that for a program that was supposed to have a high demand) Yes I would call that a decline.[/QUOTE]
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