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<p>[QUOTE="dave92029, post: 989979, member: 26916"]Elaine, I believe that I mentioned that I am an accountant, and I have some accounting type questions about when the US Mint counts a sale that I hope you or someone else can answer. </p><p><br /></p><p>I subscribe to Silver proof sets. The first weeks sales figures of 241,000+ was released before I received notice that the mint shipped my set or charged my credit card.</p><p><br /></p><p>Let's say I go online and order a coin from the Mint. The Mint take several weeks to process and ship the order. The Mint then charges my credit card. The sales figures that you report, I presume are from the Mint. Does, the Mint (a)count the sale when they take the order and reserve the coin in my name, or (b) count the order when the coin ships, or (C) count the sale when the Mint actually charge my credit card? </p><p><br /></p><p>You were mentioning that you felt that the Buchanan FS coin might be a sellout. Depending on how the Mint counts sales we might not know how many coins were ordered for several weeks. </p><p><br /></p><p>On an issue like the First Spouse where it is limited to a total of 15,000 coins for both BU and proof, does the Mint manufacture the coins After they receive the order or produce the coins and sell from on hand inventory. How would the Mint know how many proofs to make vs BU coins and still remain under the 15,000 limitation? </p><p><br /></p><p>Thanks in advance for all positive assistance.[/QUOTE]</p><p><br /></p>
[QUOTE="dave92029, post: 989979, member: 26916"]Elaine, I believe that I mentioned that I am an accountant, and I have some accounting type questions about when the US Mint counts a sale that I hope you or someone else can answer. I subscribe to Silver proof sets. The first weeks sales figures of 241,000+ was released before I received notice that the mint shipped my set or charged my credit card. Let's say I go online and order a coin from the Mint. The Mint take several weeks to process and ship the order. The Mint then charges my credit card. The sales figures that you report, I presume are from the Mint. Does, the Mint (a)count the sale when they take the order and reserve the coin in my name, or (b) count the order when the coin ships, or (C) count the sale when the Mint actually charge my credit card? You were mentioning that you felt that the Buchanan FS coin might be a sellout. Depending on how the Mint counts sales we might not know how many coins were ordered for several weeks. On an issue like the First Spouse where it is limited to a total of 15,000 coins for both BU and proof, does the Mint manufacture the coins After they receive the order or produce the coins and sell from on hand inventory. How would the Mint know how many proofs to make vs BU coins and still remain under the 15,000 limitation? Thanks in advance for all positive assistance.[/QUOTE]
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