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5 Coin Lincoln Special Set Change

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Hollywood's Avatar
United States
1228 Posts
 Posted 04/02/2009  2:24 pm Show Profile   Bookmark this topic Add Hollywood to your friends list Get a Link to this Message Number of Subscribers
I just received this info in an e:mail from coin news.net my question is will there be less than 50,000 sets now ?
Quote:
First to the surprise. When the Lincoln Silver dollar availability date was announced, the US Mint said 50,000 of the proofs were allocated for a special five-coin set. In an eyebrow raiser, we learn that amount is likely to be substantially less.

The law authorizing the bicentennial Lincolns permits a maximum mintage of 500,000. The latest US Mint figures show 465,614 Lincoln Silver dollars have already sold. Unless something gives, that leaves less than 35,000 for the special set.
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Chump_Change's Avatar
United States
618 Posts
 Posted 04/02/2009  2:49 pm  Show Profile   Bookmark this reply Add Chump_Change to your friends list Get a Link to this Reply
Unless they have pulled the 50k fromt he inventory to Start off with for this set?
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biokemist6's Avatar
United States
12437 Posts
 Posted 04/02/2009  3:05 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Simple explanation- they oversold to account for returns and things like that. Some of those orders(15,000+) will not be filled. The exact same situation happened with the 2006 Eagle 20th Anniversary sets and unfortunately I was one of the oversells so I never got my three silver sets
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