Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Quick Questions about Mintages.
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 646647, member: 112"]As stated, SF produces Proof coins for collectors only. The mintage is for the most part determined by sales. The mint what they think they can sell at first, then as orders come in they mint more accordingly. At the end of sales, inevitably they will have some left over. These are then melted and the metal used in the years coins. The final mintage is ultimately determined by sales alone.</p><p><br /></p><p>As for your second question - mintages of business strike coins are for the most part determined by the Fed. Every year, the Fed tells the mint how many coins and of what denominations they will need the following year. The mint produces these coins as per those orders. They make no effort to stop mintage numbers on round numbers because it would require unnecessary effort to do so. They just mint up however many planchets they have in a hopper at any given time that comes closest to what the Fed ordered.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 646647, member: 112"]As stated, SF produces Proof coins for collectors only. The mintage is for the most part determined by sales. The mint what they think they can sell at first, then as orders come in they mint more accordingly. At the end of sales, inevitably they will have some left over. These are then melted and the metal used in the years coins. The final mintage is ultimately determined by sales alone. As for your second question - mintages of business strike coins are for the most part determined by the Fed. Every year, the Fed tells the mint how many coins and of what denominations they will need the following year. The mint produces these coins as per those orders. They make no effort to stop mintage numbers on round numbers because it would require unnecessary effort to do so. They just mint up however many planchets they have in a hopper at any given time that comes closest to what the Fed ordered.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Quick Questions about Mintages.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...