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<p>[QUOTE="Troodon, post: 220103, member: 4626"]Seems logical though for sake of collecting more seignorage (sp?) they'd want to everything possible to encourage coin collecting. Mints of course never have a problem with people buying bullion, commemoratives, and other NCLT. However there are times when they try to discourage coin collecting of regular circulation issues because their bigger concern is that collecting could cause a coin shortage (1964 in the US is a good example of this; though collecters weren't really solely, or even primarily, at fault for the hoarding of silver coinage, the Mint was quick to blame them at the time).</p><p><br /></p><p>Perhaps New Zealand is thinking the same thing... I'm sure they have no problem with licensing a mint to make commemoratives and bullion for people to buy, but would rather not deal with too many people collecting their circulating coinage lest they have problems keeping enough coinage in circulation. Though I think that's a somewhat unfounded fear, as coin collecters could hardly hope to make a dent in what they collect compared to the billions of coins minted for sake of circulation.</p><p><br /></p><p>With the state quarters and president dollars, the US seems to actively be encouraging coin collecting. Much as the US Post Office actively encourages stamp collecting, and for the same reason, to keep the revenue coming in above and beyond operational costs.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 220103, member: 4626"]Seems logical though for sake of collecting more seignorage (sp?) they'd want to everything possible to encourage coin collecting. Mints of course never have a problem with people buying bullion, commemoratives, and other NCLT. However there are times when they try to discourage coin collecting of regular circulation issues because their bigger concern is that collecting could cause a coin shortage (1964 in the US is a good example of this; though collecters weren't really solely, or even primarily, at fault for the hoarding of silver coinage, the Mint was quick to blame them at the time). Perhaps New Zealand is thinking the same thing... I'm sure they have no problem with licensing a mint to make commemoratives and bullion for people to buy, but would rather not deal with too many people collecting their circulating coinage lest they have problems keeping enough coinage in circulation. Though I think that's a somewhat unfounded fear, as coin collecters could hardly hope to make a dent in what they collect compared to the billions of coins minted for sake of circulation. With the state quarters and president dollars, the US seems to actively be encouraging coin collecting. Much as the US Post Office actively encourages stamp collecting, and for the same reason, to keep the revenue coming in above and beyond operational costs.[/QUOTE]
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