Reply to Thread

Message:: [QUOTE="yakpoo, post: 1150489, member: 18157"]In the past, the Mint has sold their "Annual Sets" from August to August. This year (2011) they announced they would begin offering Annual sets in January. Since the 2010 sets weren't released until August 2010, the Mint announced that the 2010 sets would be on sale through December 2011. The Mint never offered the previous year's annual sets past August, but now they're going through December? Something seemed "fishy" to me right away! Then they continued to price the 2010 Silver Proof sets $11 less than the 2011 Silver Proof sets...that seemed odd, also!  On March 18th, the Mint finally raised the prices of the 2010 sets; that seemed reasonable...but now...they're gonna raise them again? ...three (3) weeks later? ...and NOT the 2011 sets? ...the "fish" stink is returning! :fish: The Mint made a significant policy change with the First Spouse series in the middle 2010. Rather than melt unsold coins, they began "estimating" sales and minting coins to those estimates rather than the maximum allowable mintage. That accounts for the many early FS sellouts we've been seeing. If the Mint began doing that with the First Spouse series, it's reasonable to think they could do the same with other sets, as well. Especially when this year has a unique overlap of product that they (The Mint) may not want competing against each other. Bottomline...the Mint had to (by law) stop minting the 2010 Silver Proof sets at the end of December 2010. How many sets did they finally produce? ...that's the question! There's a "chance" the Mint created a very low mintage Silver Proof set and the current suspension is to wait for returns...then a sell out, rather than a price hike.[/QUOTE]

Create my FREE Account!

Log in or Sign up

Reply to Thread

Useful Searches