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<p>[QUOTE="Conder101, post: 178876, member: 66"]Where do you folk getting the idea that the 2007 Sac will be a low mintage? I expect it to be the second highest mintage date. I'm expecting the mint to strike at LEAST 200 million of each of the Presidents next year because like the SBA and th Sac they will over produce. (They think that everyone will love them and hoard them like the state quarters.) If they do, then that means that by law they MUST strike 400 million Sac dollars. Roughly four times as many as they made in 2001. If they FAIL to circulate then the Treasury will be sitting on a THIRTY year supply of small dollars and we will see the 2008 mintages plummet. Even so the 2008 and later Sac mintages will still be considerably higher than the 2002 - 2006 mintages.</p><p><br /></p><p>Why? Well since 2002 the number of Sacs ordered in rolls and bags from the Mint has been fairly steady at around five to eight million coins per year. I would expect the demand for the President dollars to be about the same. That means they will strike 20 to 32 million President dollars each year. That means they HAVE to strike 10 to 16 million Sac dollars each year. (of which 5 to 8 million will be purchased by collectors and the rest go into the Treasury vaults or never ending sale by the mint.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 178876, member: 66"]Where do you folk getting the idea that the 2007 Sac will be a low mintage? I expect it to be the second highest mintage date. I'm expecting the mint to strike at LEAST 200 million of each of the Presidents next year because like the SBA and th Sac they will over produce. (They think that everyone will love them and hoard them like the state quarters.) If they do, then that means that by law they MUST strike 400 million Sac dollars. Roughly four times as many as they made in 2001. If they FAIL to circulate then the Treasury will be sitting on a THIRTY year supply of small dollars and we will see the 2008 mintages plummet. Even so the 2008 and later Sac mintages will still be considerably higher than the 2002 - 2006 mintages. Why? Well since 2002 the number of Sacs ordered in rolls and bags from the Mint has been fairly steady at around five to eight million coins per year. I would expect the demand for the President dollars to be about the same. That means they will strike 20 to 32 million President dollars each year. That means they HAVE to strike 10 to 16 million Sac dollars each year. (of which 5 to 8 million will be purchased by collectors and the rest go into the Treasury vaults or never ending sale by the mint.[/QUOTE]
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