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<p>[QUOTE="USS656, post: 209014, member: 6641"]OK, this is where those that really understand this stuff may look at these comments/questions and say this guy still has much to learn. That's OK, I'm guilty and have not been conditioned to deny fault like many others (especially politicians of any party affiliation).</p><p> </p><p>Doug was nice enough the other day to clarify a statement I threw out there about how money gets distributed and the demand by the public really affects how much is made and then sent to banks.</p><p> </p><p>The government has written into law that 1/3 of the dollar coins made shall be the Sac's. How many of those will make it into distribution. </p><p> </p><ul> <li>Does the government/us mint publish distribution numbers?</li> <li>When they are not distributed, how long does the mint hold onto the coins?</li> <li>Is it a case by case decision or is there laws/rules that control these activities?</li> <li>If they are destroyed at some point prior to ever getting circulated, is that published?</li> <li>Does the fed distribute coins minted in one year in the following years if there is supply and demand for a specific denomination? If yes, how do they decide between current dates and older dates?</li> </ul><p>I have seen comments about coins being destroyed but not so much with coins made in my lifetime.</p><p> </p><p>This is where I really get onto shaky ground so please be sure to help with my lack of knowledge. </p><p> </p><p>My point is there may be 300 million made but the distribution numbers may be very small compared to the presidents this year. If they later destroy a large quantity of them, then this year may become a key year for that coin.?. The assumption I am making is that they would be collectible to begin with.[/QUOTE]</p><p><br /></p>
[QUOTE="USS656, post: 209014, member: 6641"]OK, this is where those that really understand this stuff may look at these comments/questions and say this guy still has much to learn. That's OK, I'm guilty and have not been conditioned to deny fault like many others (especially politicians of any party affiliation). Doug was nice enough the other day to clarify a statement I threw out there about how money gets distributed and the demand by the public really affects how much is made and then sent to banks. The government has written into law that 1/3 of the dollar coins made shall be the Sac's. How many of those will make it into distribution. [LIST] [*]Does the government/us mint publish distribution numbers? [*]When they are not distributed, how long does the mint hold onto the coins? [*]Is it a case by case decision or is there laws/rules that control these activities? [*]If they are destroyed at some point prior to ever getting circulated, is that published? [*]Does the fed distribute coins minted in one year in the following years if there is supply and demand for a specific denomination? If yes, how do they decide between current dates and older dates?[/LIST] I have seen comments about coins being destroyed but not so much with coins made in my lifetime. This is where I really get onto shaky ground so please be sure to help with my lack of knowledge. My point is there may be 300 million made but the distribution numbers may be very small compared to the presidents this year. If they later destroy a large quantity of them, then this year may become a key year for that coin.?. The assumption I am making is that they would be collectible to begin with.[/QUOTE]
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