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<p>[QUOTE="metlog, post: 268112, member: 9888"]<b>Reality bites!</b></p><p><br /></p><p>Why doesn't the U.S. mint sell their commemoratives lik the Australian mint does? Well the was a lot of noise some years back made by dealers and speculators about how the mint was making too many of each issue and the collectors didn't want and wouldn't buy under these conditions...Uh-huh! (a lot of eighties issues were promoted to the moon and then quickly fell below issue prices: i.e. statue of liberty.) Well anybody loading up on these issues got burned. Collectors mostly began waiting till prices went down, and dealers and speculators couldn't make a killing! Also realize that not enough collectors objected to this line of thinking,and so went along by default! Now this is political; the squeaky wheel gets the grease;as also those that grease the wheels of Congress get the favors. And an addendum to all of this, is that the good old mint forgets that everything they make has a very high profit margin to it. Their view is because the specialty coins cost more to make, their books look better if they sell them all! So if you want a truly collector market on these coins, write your congressman and the mint and tell them so![/QUOTE]</p><p><br /></p>
[QUOTE="metlog, post: 268112, member: 9888"][b]Reality bites![/b] Why doesn't the U.S. mint sell their commemoratives lik the Australian mint does? Well the was a lot of noise some years back made by dealers and speculators about how the mint was making too many of each issue and the collectors didn't want and wouldn't buy under these conditions...Uh-huh! (a lot of eighties issues were promoted to the moon and then quickly fell below issue prices: i.e. statue of liberty.) Well anybody loading up on these issues got burned. Collectors mostly began waiting till prices went down, and dealers and speculators couldn't make a killing! Also realize that not enough collectors objected to this line of thinking,and so went along by default! Now this is political; the squeaky wheel gets the grease;as also those that grease the wheels of Congress get the favors. And an addendum to all of this, is that the good old mint forgets that everything they make has a very high profit margin to it. Their view is because the specialty coins cost more to make, their books look better if they sell them all! So if you want a truly collector market on these coins, write your congressman and the mint and tell them so![/QUOTE]
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