2012 ASE San Fran Set Minted To Demand

In this case, I am not sure if I agree.

I have no facts .. more of a feeling, that this decision was made because of complaints.

Complaints to the mint

Complaints to Congressmen and Senators

Congressmen and Senators passing on complaints
to the committee that approves mint products.

I have always felt the mint likes to make some of the
rare coins and error coins they put out, to keep up their collector base. Where the mint might be trying to make more profit is how they put the common coin with the unique coin. For example on the 25th Anniversary set the mint put three common coins with the two unique coins .. when most collectors may have already purchased the bullion, Unc and regular proof coin. And with this set how many of us purchased a 2012 regular proof coin this year and now have to purchase another to buy this set .. to get the reverse proof. Notice how they come out with the special sets .. after they offered the common coins, in the special set.


IMO - Most people don't see the impact of their complaints.
In this case having another common coin, when there would have been a chance to get a rare/low mintage coin.

I recently ask in a post what makes a large collection.
One of our experts replied, that the number of keeper coins would make a large collection, and not just a large accumulation. (keeper coins being key or rare coins)

IMO coin collectors should strive to get more keeper coins and not just accumulate a lot a common coins.

The Proof that is available Has A "W" Mint Mark. This Set will have An "S" Mint Mark and be Unique to this Set.




If more people did this then the mintage #s would go down and my common ASEs would go up in value. To my knowledge (which is limited) I believe every ASE with the exception of the Anniversary set are "mint to demand" yet people keep buying,
and people were up in arms because the Anniversary set was not "Mint To Demand" So what is the correct way for the mint to act?

The Mint's job is to mint by demand and not make instant rarities. The only people not complaining are the ones that either got one or never intended to buy one. I tried for several hours and never got through.

Coin collectors buy them to collect them. Investors buy them to make a profit. I can see buying a few and then selling some to get your money back though and I don't see that as a problem, but if that is the case, then give everyone a chance!

The mint has two functions:

First and foremost, to create coins for commerce.

In their spare time, they can create limited, variety, commemorative or whatever coins for collectors, speculators and investors.

They do this based on their experiences with previous collector issues. When buyers stop buying, they'll stop selling.

I had to laugh at a friend who would buy secondhand books to resell on Amazon. He learned a thrift manager would pay their retail for nicer books, then sell them across town to a secondhand book seller who had a different sales structure.

This wasn't fair! She was preventing her customers from doing the exact same thing she was doing!

I finally convinced him that the thrift was there to make money, not to provide him with inventory.

I just got an email on them being available for sale on June 7th at noon ET.

And wouldn't you think they'd put in a price on it by now? But no. Of course not.

And they will start mailing them in late July too.

Yeah, I wish they would start minting them before the order date, so they can mail the coins out a week or so after you order them. Oh well. At least they are minting the proofs each year again. That was a huge goof to miss 2009.

Woohoo! Thanks for the update. I missed that.