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Confused By Mint Wording... Can Anyone Clarify?

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 Posted 04/08/2016  01:11 am Show Profile   Bookmark this topic Add Dug13 to your friends list Get a Link to this Message Number of Subscribers
Looking on the Mint's website at the soon to be released Mercury dime 2016 Centennial Gold Coin. It states:
MINTAGE LIMIT: 125,000
PRODUCT LIMIT: NONE
HOUSEHOLD ORDER LIMIT: 10

I understand the "mintage limit" and the "household limit" but does the phrase "Product Limit" refer to?

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srs77's Avatar
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3126 Posts
 Posted 04/08/2016  07:44 am  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
Don't know if I'm correct but I believe this means that the initial production will be 125,000 and that they've left the door open to more being produced (product limit). It's only a guess, hopefully others will chime in.
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denco7's Avatar
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 Posted 04/08/2016  08:33 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
The mintage is is the total amount of coins that will be minted.

The product limit is how many of the 125,000 that will appear in each form. Such as perhaps 100,000 will be sold as singles and 25,000 may be included in a three coin set with the WLH and SLQ.

Since there is no product limit, unless that changes, they will only be offered in this incarnation. But no matter how they are sold, there will not be more than 125,000 minted.
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BH1964's Avatar
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 Posted 04/08/2016  11:46 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
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jpbone's Avatar
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1959 Posts
 Posted 04/08/2016  12:24 pm  Show Profile   Bookmark this reply Add jpbone to your friends list Get a Link to this Reply
Yea, you would think they would make sure they have FSB. There will probably be some that are, and there will be a massive premium. Haha!
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moxking's Avatar
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17900 Posts
 Posted 04/08/2016  1:18 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I'm sorry, but that is just plain stupid not to have the full split bands and every other detail as originally intended.

I was pretty pumped about getting one, which is a change for me since I usually NEVER buy "modern" stuff, but a gold Mercury is a dream coin.

Take by dreams and remove the FSB's. WWWAAAAAAAAAAAaaaaaa...
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 Posted 04/09/2016  01:00 am  Show Profile   Bookmark this reply Add Dug13 to your friends list Get a Link to this Reply
Thanks Guys for sharing your wisdom, this is a great forum!
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 Posted 04/09/2016  12:03 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Everyone keeps saying no FSB for a coin that hasn't been sold yet. I think the mit may have had some on display at Baltimore but for the most part no one has seen these coins close up to tell if they have FSB or not. I think most people are basing their opinion on the artists renditions.
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 Posted 04/09/2016  8:54 pm  Show Profile   Bookmark this reply Add Canacoins to your friends list Get a Link to this Reply
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jbuck's Avatar
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 Posted 04/09/2016  11:54 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
denco7 is correct regarding the original question.

Conder101 is correct regarding improper assumptions based on artwork and not the actual coins.
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United States
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 Posted 04/10/2016  10:06 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply

Quote:
Since there is no product limit, unless that changes, they will only be offered in this incarnation. But no matter how they are sold, there will not be more than 125,000 minted.

They could still offer this coin in another set. Take the National Park Service proof silver dollar.
http://catalog.usmint.gov/100th-ann...uct-schedule
When sold by itself, the mintage limit is 500,000 and the product limit is None. However, it's also sold in a three coin proof set which has no mintage limit, but does have a 15,000 product limit. In the case of the NPS silver dollar being sold by itself, the real product limit is 500,000 minus how many of the three coin sets are sold. The same concept applies to this gold dime.
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