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<p>[QUOTE="krispy, post: 1467054, member: 19065"]Each time you are prompted to take a survey from the US Mint, these are the sorts of ideas you should be proposing to them in the "other" comments boxes when given the chance. The Mint isn't likely to answer our comments on such a forum or ever see customers ideas buried in all these threads. I agree that it would be more convenient to have this sort of information published and controlled by the Mint rather than distributed through weekly sales reports published via U.S. Mint Press Releases, which are then republished by any number of blog writers and numismatic journals and guides. </p><p><br /></p><p>The Mint too should get with the program of communicating with its customers directly and have some sort of interaction with customers <i>on their own web site</i>. There are many ideas that the Mint simply is loosing money on by not keeping its customers satisfied, closer to home and nearer to ordering its products as well as failing to understand the hobby its customers engage in, especially when it comes to the numismatic products they create for us. BTW, I have written the same comments and suggestions in previous surveys and letters of suggestion, so I have taken my own advice to do just that.</p><p><br /></p><p>One problem with reporting mintage numbers as orders are placed is that you are actually being cited confirmed sales, not really mintages, as the mintage of current products remains in flux but orders may be cancelled returned and items subsequently destroyed for being damaged and returned/exchanged by customers. It's a big difference that I see many modern collectors get all confused thinking about. Mintages typically are not finalized until some time, months or even a few years, after a given product or dated coin has stopped being minted. Mintage figures continue to be adjusted up and down on a monthly basis, both during and after minting of any given piece stops. Guide books like the Red Book don't even publish figures for most new coins for the past couple years for this reason. </p><p><br /></p><p>As I've point to the example of the 2009 UHR $20 gold coin before, a large quantity of coins were actually minted, unsold and later destroyed. An equally large amount of prepared blanks for the coins also were scraped. These numbers were not part of the final mintage, but 85,000 more had been minted, while a total tally of 115,178 were actually sold and later determined to be the mintage of this piece. </p><p><br /></p><p>This is an article that was published in Coin World (Vol. 52, Issue 2649 by Amos Publishing) in the 1/17/2011 issue, that detailed the 2009 UHR mintage figure:</p><p><br /></p><p>[ATTACH]184114.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1467054, member: 19065"]Each time you are prompted to take a survey from the US Mint, these are the sorts of ideas you should be proposing to them in the "other" comments boxes when given the chance. The Mint isn't likely to answer our comments on such a forum or ever see customers ideas buried in all these threads. I agree that it would be more convenient to have this sort of information published and controlled by the Mint rather than distributed through weekly sales reports published via U.S. Mint Press Releases, which are then republished by any number of blog writers and numismatic journals and guides. The Mint too should get with the program of communicating with its customers directly and have some sort of interaction with customers [I]on their own web site[/I]. There are many ideas that the Mint simply is loosing money on by not keeping its customers satisfied, closer to home and nearer to ordering its products as well as failing to understand the hobby its customers engage in, especially when it comes to the numismatic products they create for us. BTW, I have written the same comments and suggestions in previous surveys and letters of suggestion, so I have taken my own advice to do just that. One problem with reporting mintage numbers as orders are placed is that you are actually being cited confirmed sales, not really mintages, as the mintage of current products remains in flux but orders may be cancelled returned and items subsequently destroyed for being damaged and returned/exchanged by customers. It's a big difference that I see many modern collectors get all confused thinking about. Mintages typically are not finalized until some time, months or even a few years, after a given product or dated coin has stopped being minted. Mintage figures continue to be adjusted up and down on a monthly basis, both during and after minting of any given piece stops. Guide books like the Red Book don't even publish figures for most new coins for the past couple years for this reason. As I've point to the example of the 2009 UHR $20 gold coin before, a large quantity of coins were actually minted, unsold and later destroyed. An equally large amount of prepared blanks for the coins also were scraped. These numbers were not part of the final mintage, but 85,000 more had been minted, while a total tally of 115,178 were actually sold and later determined to be the mintage of this piece. This is an article that was published in Coin World (Vol. 52, Issue 2649 by Amos Publishing) in the 1/17/2011 issue, that detailed the 2009 UHR mintage figure: [ATTACH]184114.vB[/ATTACH][/QUOTE]
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