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<p>[QUOTE="Conder101, post: 3903940, member: 66"]Just new to you. Those clauses have been in most if not all the commemorative coin programs as far back as at least 1995 and probably further. Yep even futher, they are in the 1985 act that create the Statue of Liberty coin program. They are basically a holdover from the pre-internet era when orders were all placed by mail and mintages were unlimited. The coins would have an official issue date and price, but they would also have a "pre-sale" ordering period before that date and orders places at that time would receive a discount from the "official" price. As for the bulk sales, mintages were unlimited so dealers could order 5,000, 10,000 sets etc and receive a discounted price.</p><p><br /></p><p>I'm not really sure exactly when they stopped doing the presale discounts but they still seem to have been listed as late as 2016. As for dealer bulk sales, I think those may have ended when the authorized mintages came down low. I believe the only dealer bulk discounts now is a rebate at the end of the year which varies depending on how much they have purchased. It isn't set for any one particular set or issue. But the clauses still just hang on in the legislation.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 3903940, member: 66"]Just new to you. Those clauses have been in most if not all the commemorative coin programs as far back as at least 1995 and probably further. Yep even futher, they are in the 1985 act that create the Statue of Liberty coin program. They are basically a holdover from the pre-internet era when orders were all placed by mail and mintages were unlimited. The coins would have an official issue date and price, but they would also have a "pre-sale" ordering period before that date and orders places at that time would receive a discount from the "official" price. As for the bulk sales, mintages were unlimited so dealers could order 5,000, 10,000 sets etc and receive a discounted price. I'm not really sure exactly when they stopped doing the presale discounts but they still seem to have been listed as late as 2016. As for dealer bulk sales, I think those may have ended when the authorized mintages came down low. I believe the only dealer bulk discounts now is a rebate at the end of the year which varies depending on how much they have purchased. It isn't set for any one particular set or issue. But the clauses still just hang on in the legislation.[/QUOTE]
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Women's Suffrage Centennial Commemorative Coin Act - 2020 silver dollar
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