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<p>[QUOTE="statequarterguy, post: 2192329, member: 21782"]With competing interests, of course, there is no simple solution that pleases all. The mint is in it for the profit and would like to sell as many as possible - many collectors and dealers are in it for the profit as well, but would like to acquire as many low mintage coins as possible. Unlimited mintages for a short period of time produce higher mintages, so collectors and dealers don't realize immediate profits, so they may lose interest over time, hurting sales. There is a "sweet spot" mintage that produces a profitable coin, as well as allows most to acquire some, as well as piques collector/dealer interest producing large sales for the mint. As shown by the Truman Set, the mint is capable of missing the mark with a flawed analysis, yet could have rectified the error, but compounded the problem by doing nothing. And, more to the OP's point, the mint will never be able to force buyers to adhere to household limits.</p><p><br /></p><p>So, what's an equitable solution for all? The mint must first attempt to come up with that "sweet spot" mintage. With its sales data and surveys, it wouldn't be hard to do, if its sales staff were competent, which is a big if, considering the way they dropped the ball with several recent issues. I'd say they have "suits" up there who know nothing about coins.</p><p><br /></p><p>Second, the mint needs to initially rollout limited issues with lower household limits. Sure, buyers will get around those limits, but it's much tougher to impossible to hoard as many with lower limits.</p><p><br /></p><p>Third, if the mint blows the rollout, like they did with the Truman Set, they need to exercise the rights they reserve. They do not reserve the right to increase the mintage after it is published (I don't believe), but they do reserve the right to adjust household limits after orders are placed.[/QUOTE]</p><p><br /></p>
[QUOTE="statequarterguy, post: 2192329, member: 21782"]With competing interests, of course, there is no simple solution that pleases all. The mint is in it for the profit and would like to sell as many as possible - many collectors and dealers are in it for the profit as well, but would like to acquire as many low mintage coins as possible. Unlimited mintages for a short period of time produce higher mintages, so collectors and dealers don't realize immediate profits, so they may lose interest over time, hurting sales. There is a "sweet spot" mintage that produces a profitable coin, as well as allows most to acquire some, as well as piques collector/dealer interest producing large sales for the mint. As shown by the Truman Set, the mint is capable of missing the mark with a flawed analysis, yet could have rectified the error, but compounded the problem by doing nothing. And, more to the OP's point, the mint will never be able to force buyers to adhere to household limits. So, what's an equitable solution for all? The mint must first attempt to come up with that "sweet spot" mintage. With its sales data and surveys, it wouldn't be hard to do, if its sales staff were competent, which is a big if, considering the way they dropped the ball with several recent issues. I'd say they have "suits" up there who know nothing about coins. Second, the mint needs to initially rollout limited issues with lower household limits. Sure, buyers will get around those limits, but it's much tougher to impossible to hoard as many with lower limits. Third, if the mint blows the rollout, like they did with the Truman Set, they need to exercise the rights they reserve. They do not reserve the right to increase the mintage after it is published (I don't believe), but they do reserve the right to adjust household limits after orders are placed.[/QUOTE]
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Can the mint stop coin dealers fom sucking up the new releases?
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