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Can the mint stop coin dealers fom sucking up the new releases?
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<p>[QUOTE="Bedford, post: 2192267, member: 4917"]I think you may be overestimating how many modern dealers are out there buying up "all" that inventory from the mint.</p><p> The Kennedy gold had unlimited mintage so IMO that one is a moot point. But lets use the March of dimes set. Let's just say that there are 100 dealers who would buy those in bulk. Each one buys 200 sets (that's a lot of sets) = 20,000 sets (way over estimated IMO). There was a mintage of 75,000 sets so 55,000 regular collectors got their items . I wouldn't call that a monopoly by any means (heck add 10,000 more & its still fine). </p><p> The others well ,they went to the people who make their living at this business & I see nothing wrong with them making a market out of it. Dang, Capitalism is sweet!</p><p> Sure the dealers will each get xx amounts from their company & employee buys but also large modern dealers make the market in those items & send out "wholesale buys" on dealer forums like CCE or CoinNet. XXX dealers who have xx amounts of sets will in most cases wholesale out their inventory to the market makers of said product.[/QUOTE]</p><p><br /></p>
[QUOTE="Bedford, post: 2192267, member: 4917"]I think you may be overestimating how many modern dealers are out there buying up "all" that inventory from the mint. The Kennedy gold had unlimited mintage so IMO that one is a moot point. But lets use the March of dimes set. Let's just say that there are 100 dealers who would buy those in bulk. Each one buys 200 sets (that's a lot of sets) = 20,000 sets (way over estimated IMO). There was a mintage of 75,000 sets so 55,000 regular collectors got their items . I wouldn't call that a monopoly by any means (heck add 10,000 more & its still fine). The others well ,they went to the people who make their living at this business & I see nothing wrong with them making a market out of it. Dang, Capitalism is sweet! Sure the dealers will each get xx amounts from their company & employee buys but also large modern dealers make the market in those items & send out "wholesale buys" on dealer forums like CCE or CoinNet. XXX dealers who have xx amounts of sets will in most cases wholesale out their inventory to the market makers of said product.[/QUOTE]
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Can the mint stop coin dealers fom sucking up the new releases?
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