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Why does the U.S. mint not sell bullion coins to the public?
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<p>[QUOTE="charley, post: 8060801, member: 5372"]Of course the Mint sells Bullion to the Public. If the Purchase Order is per the Mint/Treasury/U.S. Government requirements of Purchase, in the quantity required for Purchase, then why not?</p><p><br /></p><p>Is the cost that much more for Mint Bullion products, when considering the Market? I don't know, but what I do know is there are many individuals that are not hobbyists or collectors, per say, but are Bullion investors, and consider the U.S. Mint products.... especially when TPG'd, to be a safe haven, for quality and and physical control, and purchase what they can, via the Mint and Shows and internet purchases, etc., and do not have any qualm with paying above spot price for Mint products, whether 10-15% over, or even 20%. After all, I personally would rather trust a Mint product than a product from foreign/unknown sources.</p><p><br /></p><p>The collector/hobbyist that is interested in a 70 TPG Grade, is more likely to be for Register purposes, than not, because collectors/hobbyists not involved with Registry pursuits, is just as happy with the quality and beauty of a 69, for their personal collection.</p><p><br /></p><p>The Dealers" are the Public, and any individual can have the same deal, by setting up a well funded Entity. I do not think assuming selling to Dealers is somehow not selling to the Public.</p><p><br /></p><p>Semantics. My opinion, of course, but I do not see the right or wrong of it, either way.</p><p><br /></p><p>Truth in editing: changed thrust to trust[/QUOTE]</p><p><br /></p>
[QUOTE="charley, post: 8060801, member: 5372"]Of course the Mint sells Bullion to the Public. If the Purchase Order is per the Mint/Treasury/U.S. Government requirements of Purchase, in the quantity required for Purchase, then why not? Is the cost that much more for Mint Bullion products, when considering the Market? I don't know, but what I do know is there are many individuals that are not hobbyists or collectors, per say, but are Bullion investors, and consider the U.S. Mint products.... especially when TPG'd, to be a safe haven, for quality and and physical control, and purchase what they can, via the Mint and Shows and internet purchases, etc., and do not have any qualm with paying above spot price for Mint products, whether 10-15% over, or even 20%. After all, I personally would rather trust a Mint product than a product from foreign/unknown sources. The collector/hobbyist that is interested in a 70 TPG Grade, is more likely to be for Register purposes, than not, because collectors/hobbyists not involved with Registry pursuits, is just as happy with the quality and beauty of a 69, for their personal collection. The Dealers" are the Public, and any individual can have the same deal, by setting up a well funded Entity. I do not think assuming selling to Dealers is somehow not selling to the Public. Semantics. My opinion, of course, but I do not see the right or wrong of it, either way. Truth in editing: changed thrust to trust[/QUOTE]
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Why does the U.S. mint not sell bullion coins to the public?
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