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<p>[QUOTE="dreamer94, post: 248407, member: 6449"]I'm pretty sure that's where I got it but I can't check because all of ND86's posts have been deleted. However, as a general principle, the legislation authorizing the minting of coins doesn't specify the quantities. Quantities are determined by the Mint. My understanding is that each year's production is geared to estimated demand. </p><p> </p><p>The original authorizing legislation says this about the production numbers:</p><p> </p><p><i><span style="color: blue">MAXIMUM NUMBER OF BULLION COINS FOR EACH DESIGN- The Secretary shall--</span></i></p><p><i><span style="color: blue">(i) prescribe, on the basis of such factors as the Secretary determines to be appropriate, the maximum number of bullion coins that shall be issued with each of the designs selected under this subsection; and</span></i></p><p><i><span style="color: blue">(ii) announce, before the issuance of the bullion coins of each such design, the maximum number of bullion coins of that design that will be issued.</span></i></p><p><i><span style="color: blue"><br /></span></i></p><p><span style="color: blue"><span style="color: black">The production numbers are determined for each design. The only requirement is that the numbers must be announced before the coins are issued. </span></span></p><p><span style="color: blue"></span>[/QUOTE]</p><p><br /></p>
[QUOTE="dreamer94, post: 248407, member: 6449"]I'm pretty sure that's where I got it but I can't check because all of ND86's posts have been deleted. However, as a general principle, the legislation authorizing the minting of coins doesn't specify the quantities. Quantities are determined by the Mint. My understanding is that each year's production is geared to estimated demand. The original authorizing legislation says this about the production numbers: [I][COLOR=blue]MAXIMUM NUMBER OF BULLION COINS FOR EACH DESIGN- The Secretary shall-- (i) prescribe, on the basis of such factors as the Secretary determines to be appropriate, the maximum number of bullion coins that shall be issued with each of the designs selected under this subsection; and (ii) announce, before the issuance of the bullion coins of each such design, the maximum number of bullion coins of that design that will be issued. [/COLOR][/I] [COLOR=blue][COLOR=black]The production numbers are determined for each design. The only requirement is that the numbers must be announced before the coins are issued. [/COLOR] [/COLOR][/QUOTE]
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