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mint plans huge output reduction
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<p>[QUOTE="dponsness, post: 580864, member: 14967"]This will put additional fuel on the "fire" that the 2009 business strikes will become "key dates", "modern rarities", etc. etc. I expect that we will soon see listings on ebay and later on one of the cable "coin shows" that cater to the un-informed. One thing to consider, the published figures are for business strikes and <b><u>not</u></b> mint set strikes (proofs are a different matter altogether). I anticipate there will be at least a millon uncirculated mint sets produced in 2009 (if not more) due to the perceived demand by the public. In fact, if I was really cynical (well, I guess I am), I would think that the Mint has intentionally lowered production so they can sell more bags, rolls and specifically uncirc mint sets. Figuring there is $14.38 face in a set, and that the price as I recall is going to be around $30 - that isn't a bad markup at all. This with their need to do maintenance on their facilities as well makes it a win - win situation for the Mint.[/QUOTE]</p><p><br /></p>
[QUOTE="dponsness, post: 580864, member: 14967"]This will put additional fuel on the "fire" that the 2009 business strikes will become "key dates", "modern rarities", etc. etc. I expect that we will soon see listings on ebay and later on one of the cable "coin shows" that cater to the un-informed. One thing to consider, the published figures are for business strikes and [B][U]not[/U][/B] mint set strikes (proofs are a different matter altogether). I anticipate there will be at least a millon uncirculated mint sets produced in 2009 (if not more) due to the perceived demand by the public. In fact, if I was really cynical (well, I guess I am), I would think that the Mint has intentionally lowered production so they can sell more bags, rolls and specifically uncirc mint sets. Figuring there is $14.38 face in a set, and that the price as I recall is going to be around $30 - that isn't a bad markup at all. This with their need to do maintenance on their facilities as well makes it a win - win situation for the Mint.[/QUOTE]
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