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<p>[QUOTE="GDJMSP, post: 209203, member: 112"]Does the government/us mint publish distribution numbers?</p><p><br /></p><p>No, they don't. Mintage numbers are about all we get.</p><p><br /></p><p><br /></p><p>When they are not distributed, how long does the mint hold onto the coins?</p><p><br /></p><p>There is no hard and fast rule. They basically hold the coins until they are called out by the Fed. They don't want to destroy or melt them because it cost money to do so and they know that eventually they will use the coins. They ensure that by not minting any more until the ones they have are used up. And with circulation coins, that's pretty easy to do.</p><p><br /></p><p><br /></p><p>Is it a case by case decision or is there laws/rules that control these activities?</p><p><br /></p><p>If there is I am not aware of them. They do have a policy though, (Conder can correct me on this if I am wrong, I know there was some discussion on changing it but to the best of my knowledge it didn't change), they follow the First In - Last Out rule. </p><p><br /></p><p><br /></p><p>If they are destroyed at some point prior to ever getting circulated, is that published?</p><p><br /></p><p>Yes, it's in the mint's annual reports.</p><p><br /></p><p><br /></p><p>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?</p><p><br /></p><p>Yes, but it doesn't happen often. That's for the same reasons I explained in the answer to your second question - they just don't mint the coins until they are ordered so there really aren't any leftovers. At least not for very long.</p><p><br /></p><p>In today's world, there are 2 exceptions to the above - the half dollar and dollar. The mint quit making half dollars for circulation in 2001 because they had a lot of them left over. They haven't made any since and won't until they get orders for the coins from the Fed. They did the same thing with the dollar, after 2001 they quit making them for circulation. This year they have to make them, but I bet it won't be long until that law is changed. All they'll have to do is drop a truck load of the Sackies (and probably 2 truck loads of the Pres. dollars) on the floor at Capitol Hill. Then even our esteemed Congressmen will get the idea.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 209203, member: 112"]Does the government/us mint publish distribution numbers? No, they don't. Mintage numbers are about all we get. When they are not distributed, how long does the mint hold onto the coins? There is no hard and fast rule. They basically hold the coins until they are called out by the Fed. They don't want to destroy or melt them because it cost money to do so and they know that eventually they will use the coins. They ensure that by not minting any more until the ones they have are used up. And with circulation coins, that's pretty easy to do. Is it a case by case decision or is there laws/rules that control these activities? If there is I am not aware of them. They do have a policy though, (Conder can correct me on this if I am wrong, I know there was some discussion on changing it but to the best of my knowledge it didn't change), they follow the First In - Last Out rule. If they are destroyed at some point prior to ever getting circulated, is that published? Yes, it's in the mint's annual reports. 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? Yes, but it doesn't happen often. That's for the same reasons I explained in the answer to your second question - they just don't mint the coins until they are ordered so there really aren't any leftovers. At least not for very long. In today's world, there are 2 exceptions to the above - the half dollar and dollar. The mint quit making half dollars for circulation in 2001 because they had a lot of them left over. They haven't made any since and won't until they get orders for the coins from the Fed. They did the same thing with the dollar, after 2001 they quit making them for circulation. This year they have to make them, but I bet it won't be long until that law is changed. All they'll have to do is drop a truck load of the Sackies (and probably 2 truck loads of the Pres. dollars) on the floor at Capitol Hill. Then even our esteemed Congressmen will get the idea.[/QUOTE]
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