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<p>[QUOTE=&quot;krispy, post: 970307, member: 19065&quot;]So you are aware of the way the bullion inventory is liquidated. But you have not provided your contrary reasons why commemorative coins do not go out through bullion dealer network channels. </p><p><br /></p><p>Yes, the bullion retail dealers can acquire those coins over the counter and sell them for what they do, near spot, but that is not their only source for acquiring this inventory to sell to customers.</p><p><br /></p><p>350,000 BSA MINTED were also <a href="http://www.coinnews.net/2010/08/05/2010-boy-scouts-silver-dollars-sold-out/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinnews.net/2010/08/05/2010-boy-scouts-silver-dollars-sold-out/" rel="nofollow">sold out</a>&nbsp; (245,000/105,000). That 350,000 &#039;authorized and minted&#039; is not a decline from 2 million &#039;authorized&#039; but not all 2M being minted. The commemorative coin mintages are not reflective of a decline because those writing the legislation and lobbying for it have simply recognized the size of the market willing to buy over priced collectible bullion and are no longer in a position to order up an excess amount to cover the potential size of market who demands these products but falls far short of 2M or fewer buyers consuming 2M units. Years of writing the legislation and budgetary constraints, limited access to production materials and competition with other minted products and competition with facilities busy with business strike coins all conspire to limit the amount of commemorative coins that can be &#039;authorized and minted&#039;. The lower the number the easier it is to sell out and the more successful the Mint&#039;s sales record looks, which goes a long way to promote themselves in marketing efforts.[/QUOTE]</p><p><br /></p>

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