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<p>[QUOTE="Eaglefawn, post: 2577711, member: 82237"]I wondered the same thing so I reached out to the mint directly...talk about a run around...I did it via chat...the following is what they relayed to me:</p><ul> <li><a href="mailto:usmint-support@catalog.usmint.gov">usmint-support@catalog.usmint.gov</a><br /> </li> <li>Nov 18 at 5:27 PM</li> </ul><p>To</p><ul> <li><a href="mailto:stonestrength@yahoo.com">stonestrength@yahoo.com</a></li> </ul><p><font size="4"><b>Message body</b></font></p><p><b>General Info</b></p><p><b>Chat Start Time</b>: 11/18/2016 03:44:52 PM</p><p><b>Chat End Time</b>: 11/18/2016 04:26:11 PM</p><p><b>Chat URL</b>: <a href="http://catalog.usmint.gov/limited-edition-silver-proof-set-2016-16RC.html?cgid=product-schedule" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://catalog.usmint.gov/limited-edition-silver-proof-set-2016-16RC.html?cgid=product-schedule" rel="nofollow">http://catalog.usmint.gov/limited-edition-silver-proof-set-2016-16RC.html?cgid=product-schedule</a></p><p><b>Referer URL</b>: <a href="http://catalog.usmint.gov/limited-edition-silver-proof-set-2016-16RC.html?cgid=product-schedule" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://catalog.usmint.gov/limited-edition-silver-proof-set-2016-16RC.html?cgid=product-schedule" rel="nofollow">http://catalog.usmint.gov/limited-edition-silver-proof-set-2016-16RC.html?cgid=product-schedule</a></p><p><b>Name</b>: Visitor</p><p><b>Email</b>: <a href="mailto:stonestrength@yahoo.com">stonestrength@yahoo.com</a></p><p><b>Phone</b>:</p><p><b>Initial Question</b>:</p><p><b>Operator Chat Name</b>: Kimberly D.</p><p><br /></p><p><br /></p><p><b>Chat Transcript</b></p><p>15:45:02 <b>[Kimberly D.]</b> Hello, my name is Kimberly D., thank you for contacting the United States Mint. May I ask with whom I am chatting?</p><p>15:45:20 <b>[Visitor]</b> </p><p>15:46:03 <b>[Kimberly D.]</b> Hi, How may I help you today?</p><p>15:46:18 <b>[Visitor]</b> Hi Kimberly </p><p>15:46:30 <b>[Kimberly D.]</b> Hi!</p><p>15:46:47 <b>[Visitor]</b> my question is what's the diff between mintage limit and product limit</p><p>15:47:03 <b>[Visitor]</b> <span style="color: #ff0000">Number: 16RC</span></p><p><span style="color: #ff0000">Mintage Limit: None</span></p><p><span style="color: #ff0000">Product Limit: 50,000</span></p><p>15:48:22 <b>[Kimberly D.]</b> I will be happy to help you with the difference between the mintage limit and product limit! Please allow me a moment to research the information. </p><p>15:48:38 <b>[Visitor]</b> Sure</p><p>15:49:40 <b>[Kimberly D.]</b> I appreciate your patience while I was researching. Mintage limit is the total quantity of coins minted at a given mint in a given time period, usually one year. Product limit the total quantity of coins available at the time of release.</p><p>15:51:28 <b>[Visitor]</b> When it sez Prod limit it's not really telling me there is a Limit...it's telling me that a specific # are ready to ship?</p><p>15:53:48 <b>[Kimberly D.]</b> For the 2016 United States Mint Limited Edition Silver Proof Set, the product limit is 50,000. This is the amount of coins we will have available and ready to ship.</p><p>15:54:38 <b>[Visitor]</b> And if more are ordered are more minted?</p><p>15:55:25 <b>[Kimberly D.]</b> No, this is the final product available at the moment. We do not have updates for more mintage's.</p><p>15:56:53 <b>[Visitor]</b> Kimberly that sounds the same as mintage...mintage limit none would indicate to me that there will be a certain # of a specific coin made but </p><p>15:57:15 <b>[Kimberly D.]</b> The definition of the information is above.</p><p>15:57:40 <b>[Visitor]</b> Product limit sounds like the same thing </p><p>15:57:46 <b>[Kimberly D.]</b> Product limit is the amount of coins in inventory.</p><p>15:58:42 <b>[Kimberly D.]</b> Mintage limit does not have a set of amount available at the time of release for inventory.</p><p>15:59:57 <b>[Visitor]</b> I'll have to chew on this for a while</p><p>16:00:53 <b>[Kimberly D.]</b> For item 16RC, if 50,000 people place orders, then we will ship the 50,000, because that is the amount listed for product limit.</p><p>16:02:13 <b>[Kimberly D.]</b> If we had a mintage limit of 50,000 and no product limit, and 20,000 customers placed orders, it is a possibility the item may go on back order due to inventory.</p><p>16:04:29 <b>[Visitor]</b> If 30,000 fewer people order than are minted there wouldn't be a back order...the mint would have 30,000 too many sets</p><p>16:04:48 <b>[Kimberly D.]</b> No set amount is listed for inventory regards to mintage limit.</p><p>16:06:48 <b>[Kimberly D.]</b> Are you still with me? I have not heard from you for a few minutes.</p><p>16:07:20 <b>[Visitor]</b> Well I'm here I just don't get the math you propose</p><p>16:07:54 <b>[Kimberly D.]</b> Product limit is ready to ship.</p><p>16:08:23 <b>[Visitor]</b> if 50K is the limit and 20K are ordered there is no backorder status you have 30k left in inventory</p><p>16:09:18 <b>[Kimberly D.]</b> Mintage limit is the amount we will mint, but not at the time of release.</p><p>16:09:37 <b>[Visitor]</b> product limit is ready to ship ok...now you have orders for 10,000 more orders what happens?3.</p><p>16:12:41 <b>[Visitor]</b> are you there Kimberly?</p><p>16:14:40 <b>[Kimberly D.]</b> The item you are inquiring about we will be ready to ship, because we will have all the product in inventory.</p><p>16:15:36 <b>[Visitor]</b> so product limit really isn't a "limit" it's merely the # ready to roll out the door?</p><p>16:16:10 <b>[Kimberly D.]</b> The number is listed as 50,000, which is the amount we will have in our inventory.</p><p>16:16:29 <b>[Visitor]</b> ready to roll out the door right this mnute...but if more sets are needed they will be produced?</p><p>16:16:56 <b>[Kimberly D.]</b> No, unfortunately, we will not mint any more sets.</p><p>16:18:51 <b>[Visitor]</b> So then what this really means is that there will be only 50K sets of 16RC but the mintage limit isn't noted because there were "OTHER" silver proof coins which will be sold in a variety of ways....am I getting it?</p><p>16:20:23 <b>[Kimberly D.]</b> No, that is incorrect. Product limit is the total quantity of coins available at the time of release. This item will not have an mintage limit.</p><p>16:22:07 <b>[Visitor]</b> Kimberly you just said "we will not mint any more sets"</p><p>16:22:53 <b>[Kimberly D.]</b> Product Limit: 50,000 for the 2016 United States Mint Limited Edition Silver Proof Set. After this amount, no more will be produced.</p><p>16:23:22 <b>[Kimberly D.]</b> This item has a product limit and not a mintage limit.</p><p>16:25:28 <b>[Kimberly D.]</b> Are you still with me? I have not heard from you for a few minutes.</p><p>16:26:04 <b>[Visitor]</b> Well I'm totally confused...but thank you for your attempt at clarification I appreciate your time.</p><p>16:26:10 <b>[Kimberly D.]</b> Thank you for shopping with the United States Mint, we’re happy to assist you today and in the future. For additional information on our products please visit our website at <a href="http://www.catalog.usmint.gov/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.catalog.usmint.gov/" rel="nofollow">www.catalog.usmint.gov</a>. Should you need further assistance from the United States Mint, please feel free to contact us at 1-800-USA-MINT (872-6468). For your convenience, we are available seven days a week between the hours of 8:00 A.M. and 12 midnight, Eastern Standard Time.</p><p><br /></p><p><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie20" alt=":banghead:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie20" alt=":banghead:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie20" alt=":banghead:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie20" alt=":banghead:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie20" alt=":banghead:" unselectable="on" unselectable="on" /> Wellll I know I can be really thick at times but this conversation was as clear as Mud!![/QUOTE]</p><p><br /></p>
[QUOTE="Eaglefawn, post: 2577711, member: 82237"]I wondered the same thing so I reached out to the mint directly...talk about a run around...I did it via chat...the following is what they relayed to me: [LIST] [*][EMAIL]usmint-support@catalog.usmint.gov[/EMAIL] [*]Nov 18 at 5:27 PM [/LIST] To [LIST] [*][EMAIL]stonestrength@yahoo.com[/EMAIL] [/LIST] [SIZE=4][B]Message body[/B][/SIZE] [B]General Info Chat Start Time[/B]: 11/18/2016 03:44:52 PM [B]Chat End Time[/B]: 11/18/2016 04:26:11 PM [B]Chat URL[/B]: [url]http://catalog.usmint.gov/limited-edition-silver-proof-set-2016-16RC.html?cgid=product-schedule[/url] [B]Referer URL[/B]: [url]http://catalog.usmint.gov/limited-edition-silver-proof-set-2016-16RC.html?cgid=product-schedule[/url] [B]Name[/B]: Visitor [B]Email[/B]: [email]stonestrength@yahoo.com[/email] [B]Phone[/B]: [B]Initial Question[/B]: [B]Operator Chat Name[/B]: Kimberly D. [B]Chat Transcript[/B] 15:45:02 [B][Kimberly D.][/B] Hello, my name is Kimberly D., thank you for contacting the United States Mint. May I ask with whom I am chatting? 15:45:20 [B][Visitor][/B] 15:46:03 [B][Kimberly D.][/B] Hi, How may I help you today? 15:46:18 [B][Visitor][/B] Hi Kimberly 15:46:30 [B][Kimberly D.][/B] Hi! 15:46:47 [B][Visitor][/B] my question is what's the diff between mintage limit and product limit 15:47:03 [B][Visitor][/B] [COLOR=#ff0000]Number: 16RC Mintage Limit: None Product Limit: 50,000[/COLOR] 15:48:22 [B][Kimberly D.][/B] I will be happy to help you with the difference between the mintage limit and product limit! Please allow me a moment to research the information. 15:48:38 [B][Visitor][/B] Sure 15:49:40 [B][Kimberly D.][/B] I appreciate your patience while I was researching. Mintage limit is the total quantity of coins minted at a given mint in a given time period, usually one year. Product limit the total quantity of coins available at the time of release. 15:51:28 [B][Visitor][/B] When it sez Prod limit it's not really telling me there is a Limit...it's telling me that a specific # are ready to ship? 15:53:48 [B][Kimberly D.][/B] For the 2016 United States Mint Limited Edition Silver Proof Set, the product limit is 50,000. This is the amount of coins we will have available and ready to ship. 15:54:38 [B][Visitor][/B] And if more are ordered are more minted? 15:55:25 [B][Kimberly D.][/B] No, this is the final product available at the moment. We do not have updates for more mintage's. 15:56:53 [B][Visitor][/B] Kimberly that sounds the same as mintage...mintage limit none would indicate to me that there will be a certain # of a specific coin made but 15:57:15 [B][Kimberly D.][/B] The definition of the information is above. 15:57:40 [B][Visitor][/B] Product limit sounds like the same thing 15:57:46 [B][Kimberly D.][/B] Product limit is the amount of coins in inventory. 15:58:42 [B][Kimberly D.][/B] Mintage limit does not have a set of amount available at the time of release for inventory. 15:59:57 [B][Visitor][/B] I'll have to chew on this for a while 16:00:53 [B][Kimberly D.][/B] For item 16RC, if 50,000 people place orders, then we will ship the 50,000, because that is the amount listed for product limit. 16:02:13 [B][Kimberly D.][/B] If we had a mintage limit of 50,000 and no product limit, and 20,000 customers placed orders, it is a possibility the item may go on back order due to inventory. 16:04:29 [B][Visitor][/B] If 30,000 fewer people order than are minted there wouldn't be a back order...the mint would have 30,000 too many sets 16:04:48 [B][Kimberly D.][/B] No set amount is listed for inventory regards to mintage limit. 16:06:48 [B][Kimberly D.][/B] Are you still with me? I have not heard from you for a few minutes. 16:07:20 [B][Visitor][/B] Well I'm here I just don't get the math you propose 16:07:54 [B][Kimberly D.][/B] Product limit is ready to ship. 16:08:23 [B][Visitor][/B] if 50K is the limit and 20K are ordered there is no backorder status you have 30k left in inventory 16:09:18 [B][Kimberly D.][/B] Mintage limit is the amount we will mint, but not at the time of release. 16:09:37 [B][Visitor][/B] product limit is ready to ship ok...now you have orders for 10,000 more orders what happens?3. 16:12:41 [B][Visitor][/B] are you there Kimberly? 16:14:40 [B][Kimberly D.][/B] The item you are inquiring about we will be ready to ship, because we will have all the product in inventory. 16:15:36 [B][Visitor][/B] so product limit really isn't a "limit" it's merely the # ready to roll out the door? 16:16:10 [B][Kimberly D.][/B] The number is listed as 50,000, which is the amount we will have in our inventory. 16:16:29 [B][Visitor][/B] ready to roll out the door right this mnute...but if more sets are needed they will be produced? 16:16:56 [B][Kimberly D.][/B] No, unfortunately, we will not mint any more sets. 16:18:51 [B][Visitor][/B] So then what this really means is that there will be only 50K sets of 16RC but the mintage limit isn't noted because there were "OTHER" silver proof coins which will be sold in a variety of ways....am I getting it? 16:20:23 [B][Kimberly D.][/B] No, that is incorrect. Product limit is the total quantity of coins available at the time of release. This item will not have an mintage limit. 16:22:07 [B][Visitor][/B] Kimberly you just said "we will not mint any more sets" 16:22:53 [B][Kimberly D.][/B] Product Limit: 50,000 for the 2016 United States Mint Limited Edition Silver Proof Set. After this amount, no more will be produced. 16:23:22 [B][Kimberly D.][/B] This item has a product limit and not a mintage limit. 16:25:28 [B][Kimberly D.][/B] Are you still with me? I have not heard from you for a few minutes. 16:26:04 [B][Visitor][/B] Well I'm totally confused...but thank you for your attempt at clarification I appreciate your time. 16:26:10 [B][Kimberly D.][/B] Thank you for shopping with the United States Mint, we’re happy to assist you today and in the future. For additional information on our products please visit our website at [URL='http://www.catalog.usmint.gov/']www.catalog.usmint.gov[/URL]. Should you need further assistance from the United States Mint, please feel free to contact us at 1-800-USA-MINT (872-6468). For your convenience, we are available seven days a week between the hours of 8:00 A.M. and 12 midnight, Eastern Standard Time. :banghead::banghead::banghead::banghead::banghead: Wellll I know I can be really thick at times but this conversation was as clear as Mud!![/QUOTE]
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