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<p>[QUOTE="yakpoo, post: 1284976, member: 18157"]I don't believe that's a true statement...I would like to see a link to back that up. I've read where thousands of First Spouse coins have been destroyed. The law specifically states that the <b><a href="http://www.law.cornell.edu/uscode/31/usc_sec_31_00005112----000-.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.law.cornell.edu/uscode/31/usc_sec_31_00005112----000-.html" rel="nofollow">First Spouse coins are only sold during the period of the associated Presidential dollar</a></b>. Sales dropped considerably from 2007 to 2009. I traded correspondence during that time with Paul Gilkes, Coin World Staff Reporter, during that period. I was trying to find out what the Mint did with all the unsold First Spouse coins. Coin World assured me the coins were destroyed and the dies defaced. I reported on this in Coin Talk at the time.</p><p><br /></p><p>Additionally, by law, US coins can only be issued "during the year inscribed on the coin". This means that the Mint has to estimate the number of coins and sets they "think" will be sold into the next year. If the proof sets are sold August-to-August (as they have since the 50 States Quarter Program began), the Mint had to guess how many coins to produce by December. The proof set sales ended when the new sets were released (brief overlaps were rare) and all unsold sets destroyed.</p><p><br /></p><p>If you know differently, please post a link and I'll graciously tip my hat and put my foot in my mouth. :foot-mouth:[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1284976, member: 18157"]I don't believe that's a true statement...I would like to see a link to back that up. I've read where thousands of First Spouse coins have been destroyed. The law specifically states that the [B][URL="http://www.law.cornell.edu/uscode/31/usc_sec_31_00005112----000-.html"]First Spouse coins are only sold during the period of the associated Presidential dollar[/URL][/B]. Sales dropped considerably from 2007 to 2009. I traded correspondence during that time with Paul Gilkes, Coin World Staff Reporter, during that period. I was trying to find out what the Mint did with all the unsold First Spouse coins. Coin World assured me the coins were destroyed and the dies defaced. I reported on this in Coin Talk at the time. Additionally, by law, US coins can only be issued "during the year inscribed on the coin". This means that the Mint has to estimate the number of coins and sets they "think" will be sold into the next year. If the proof sets are sold August-to-August (as they have since the 50 States Quarter Program began), the Mint had to guess how many coins to produce by December. The proof set sales ended when the new sets were released (brief overlaps were rare) and all unsold sets destroyed. If you know differently, please post a link and I'll graciously tip my hat and put my foot in my mouth. :foot-mouth:[/QUOTE]
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