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<p>[QUOTE="yakpoo, post: 852408, member: 18157"]As I prepared a rather lengthy response, I had and <b>epiphany</b> on this subject...appropriate for the Easter season! The "short answer" is...<b>You're right, never mind</b>. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> </p><p> </p><p>Here's a more detailed explaination of my <b>Mea Culpa</b>...</p><p> </p><p>The whole point comes down to the definition of the word...<b>issue</b>. The most pertainent <b>Wiktionary</b> definition is...</p><p> </p><p><br /></p><p> </p><p>Presidential dollars are "issued" from the US Mint to Federal Reserve Banks...or directly to the Public. I suspect that Presidential dollars that aren't issued directly to the public by the US Mint will be "issued" to the Federal Reserve prior to the completion of the program. The Federal Reserve can then release these coins (or not) on any schedule they desire. Therefore, the "<b>issue</b>" figures for Presidential dollars (reported by the Mint) closely equate to the "<b>Final mintage</b>" figures. </p><p> </p><p>First Spouse coins are a bit different. According to <a href="http://www.law.cornell.edu/uscode/search/display.html?terms=quarter%20dollar&url=/uscode/html/uscode31/usc_sec_31_00005112----000-.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.law.cornell.edu/uscode/search/display.html?terms=quarter%20dollar&url=/uscode/html/uscode31/usc_sec_31_00005112----000-.html" rel="nofollow"><span style="color: #810081">Title 31, 5112(o)</span></a>...</p><p> </p><p><br /></p><p> </p><p><br /></p><p> </p><p>I was thinking the Mint could mint the maximum allowable coins and issue as many as desired directly to the public (up to the maximum mintage) then issue the rest to the "US Mint Bullion Coin Authorized Purchasers' Network" before the end of the one (1) year issuance period.</p><p> </p><p>Even if this was the case, the number of coins issued to the Bullion Network would have to be reflected in the "<b>Final Sales</b>" figures...according to <b>Title 15</b>. </p><p> </p><p>Originally, I was thinking the Mint could release additional coins through the Bullion Network, thus <b>NOT</b> reporting them in the "<b>Final Sales</b>" figures (directly from the Mint)...and, therefore, the "<b>Final Sales</b>" (direct to the Public) might not equate to the correct "<b>Final</b> <b>Mintage</b>" figures.</p><p> </p><p><b>Bottomline</b>...I retract my previous skepticism of the US Mint. I was wrong...and their reported "<b>Final Sales</b>" actually <b>DO</b> equate to the "<b>Final Mintage</b>" of each design. :bow: </p><p> </p><p><b>This is one case where I'm <span style="color: red">really glad</span> to admit I was wrong!!</b></p><p> </p><p><b>EDIT:</b> If all this sounds confusing...it is. I think I confused myself. :rolling:[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 852408, member: 18157"]As I prepared a rather lengthy response, I had and [B]epiphany[/B] on this subject...appropriate for the Easter season! The "short answer" is...[B]You're right, never mind[/B]. :o Here's a more detailed explaination of my [B]Mea Culpa[/B]... The whole point comes down to the definition of the word...[B]issue[/B]. The most pertainent [B]Wiktionary[/B] definition is... Presidential dollars are "issued" from the US Mint to Federal Reserve Banks...or directly to the Public. I suspect that Presidential dollars that aren't issued directly to the public by the US Mint will be "issued" to the Federal Reserve prior to the completion of the program. The Federal Reserve can then release these coins (or not) on any schedule they desire. Therefore, the "[B]issue[/B]" figures for Presidential dollars (reported by the Mint) closely equate to the "[B]Final mintage[/B]" figures. First Spouse coins are a bit different. According to [URL="http://www.law.cornell.edu/uscode/search/display.html?terms=quarter%20dollar&url=/uscode/html/uscode31/usc_sec_31_00005112----000-.html"][COLOR=#810081]Title 31, 5112(o)[/COLOR][/URL]... I was thinking the Mint could mint the maximum allowable coins and issue as many as desired directly to the public (up to the maximum mintage) then issue the rest to the "US Mint Bullion Coin Authorized Purchasers' Network" before the end of the one (1) year issuance period. Even if this was the case, the number of coins issued to the Bullion Network would have to be reflected in the "[B]Final Sales[/B]" figures...according to [B]Title 15[/B]. Originally, I was thinking the Mint could release additional coins through the Bullion Network, thus [B]NOT[/B] reporting them in the "[B]Final Sales[/B]" figures (directly from the Mint)...and, therefore, the "[B]Final Sales[/B]" (direct to the Public) might not equate to the correct "[B]Final[/B] [B]Mintage[/B]" figures. [B]Bottomline[/B]...I retract my previous skepticism of the US Mint. I was wrong...and their reported "[B]Final Sales[/B]" actually [B]DO[/B] equate to the "[B]Final Mintage[/B]" of each design. :bow: [B]This is one case where I'm [COLOR=red]really glad[/COLOR] to admit I was wrong!![/B] [B]EDIT:[/B] If all this sounds confusing...it is. I think I confused myself. :rolling:[/QUOTE]
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