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Why does the U.S. mint not sell bullion coins to the public?
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<p>[QUOTE="YoloBagels, post: 8004172, member: 94739"]It costs a lot of money and manpower to ship coins as common as BU silver eagles at the rate that the US mint makes them.</p><p><br /></p><p>It would be a nightmare if they sold normal coins to the public. Think of all the issues in quality control they would have. On top of the fact that there are collectors that only want one coin per year, as well as people who only want a few silver eagles. They'd have to hire a lot of people to package orders as well as invest a ton more into customer service.</p><p><br /></p><p>It's so much easier to sell $3,000,000 in silver eagles as a bulk order than as many small collector/stacker orders. Not to mention that bulk programs help propagate the market and make jobs for coin dealers, meanwhile saving US taxpayer dollars. That is a win-win in my book.</p><p><br /></p><p>** This is only my speculation as someone who has had experience with wholesale bullion & coin deals**[/QUOTE]</p><p><br /></p>
[QUOTE="YoloBagels, post: 8004172, member: 94739"]It costs a lot of money and manpower to ship coins as common as BU silver eagles at the rate that the US mint makes them. It would be a nightmare if they sold normal coins to the public. Think of all the issues in quality control they would have. On top of the fact that there are collectors that only want one coin per year, as well as people who only want a few silver eagles. They'd have to hire a lot of people to package orders as well as invest a ton more into customer service. It's so much easier to sell $3,000,000 in silver eagles as a bulk order than as many small collector/stacker orders. Not to mention that bulk programs help propagate the market and make jobs for coin dealers, meanwhile saving US taxpayer dollars. That is a win-win in my book. ** This is only my speculation as someone who has had experience with wholesale bullion & coin deals**[/QUOTE]
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