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<p>[QUOTE=&quot;krispy, post: 1344719, member: 19065&quot;]I understand that mintages are controlled by Congress. I wasn&#039;t suggesting that the Mint did or should have <u>any</u> control over mintage. Quite the opposite really. I was suggesting a change for the numismatic products which are marketed to collectors. Customers of these products, individuals or businesses reselling coins, should be able to define the mintage by how much they want to buy from the Mint. Supply of blanks, metals, etc? Fulfillment of orders would not need to be immediate, as it is now nearly is when a customer places an order direct from the Mint for numismatic products. To some degree mintage is already determined by sales figures, but the Mint allows for returns and have to mint large quantities in advance of fulfilling orders prior to coin products releasing for sale, hence waste accumulates and cherry pickers may over order only to return those coins they deem poor, distorting sales/mintage. Customers would have to be more conservative in the numbers of coins they ordered and there would be more scrutiny of whether a coin was to be shipped to a customer damaged. Likewise a customer would think twice about returning coins they deem lower grade knowing they could not get a replacement from the Mint. The change I suggest, is that the order process would open on a set date/time and close soon thereafter, say a 5-7 day period of time for orders to be placed. Coins would be minted to fulfill only those orders placed. Orders would not be allowed all year long for all products as they are now. Returns for poor quality coins or damaged coins would only receive refunds or credit towards next purchases, as no more coins could be minted past the order date window closing.</p><p><br /></p><p>Household numbers are not a problem in this scenario, the customer need only order within the window of opportunity. The Mint then has the rest of time to fulfill the orders for collectors. Collectors don&#039;t like large mintages so naturally will need to order fewer to control the size of a mintage, same for companies reselling coins who may place large orders. The Mint wins by selling products it knows how much they need to produce exactly for customers, by saving on waste from over production and by elimination processes of de-trashing accountabilty. </p><p><br /></p><p>&quot;You can please all the people some of the time, and some of the people&nbsp; all the time, but you cannot please all the people all the time.&quot;[/QUOTE]</p><p><br /></p>

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