Canadian Currency Collection

My Charlton is 2 years old... and since the last Annual report I haven't paid too much attention but I see a lot more sell outs than before. What did you find interesting KH?

No problem KH. So far I have not seen any actual mintage above the stated limit - but who knows? Maybe the Mint doubles up on a few COA.... The closest to this ever occurring is with the new Crystal Raindrop coin discussed here:

https://goccf.com/t/78532

The Mint "discovered" over 200 coins of Overstock.

^^^ Not specific to this coin, but maybe to avoid confusion. Most books state the actual mintage number. If the book and coin dealer say something different people might be skeptical for good reason. Also, numbers cut both ways. 10,000 coins, but only 3,000 sold. It may be nice to have a coin of 3,000, but why did 7,000 need to be melted back down? Because it wasn't popular/good enough to sell? An extra column in the guide books would be nice though. Actual mintage and known mint melted, but I think it is not in the mints interests to produce this last number as it isn't favorable for the mint, if you think about it and why.

Those are just my thoughts - I could be wrong! :)

^^^ K_H: I do not know for sure, but that is my understanding. Maybe C_C knows something different? Or anyone who does, please speak up. :)

Forecasting production is the greatest difficulty for maintaining a healthy business. Produce too much, and you scrap. Produce too little, you frustrate your customers.

I believe the Mint produces in batches. Based on Master's initial pre-order rate, they can extrapolate these metrics for when the coin hits the shelves for the general public. This is perhaps another reason why the Mint advertises the Master Club so much. They can better predict how well a product will do, and adjust production accordingly.

Over the years, through trial and error, I think the Mint has it down to a science now and do a pretty good job... considering the myriad of coins they produce.

just offering this as an example of how "numbers" can be manipulated.
The Royal Australian Mint produces uncirculated sets; proof sets; and NCLT.
There seems to be a large demand (not from me).
It is interesting to note that anything with a military connection sells out very fast.

quote from C_C, above: "Forecasting production is the greatest difficulty for maintaining a healthy business. Produce too much, and you scrap. Produce too little, you frustrate your customers."

but RAM has found the answer to this riddle. You can buy RAM products from the RAM, on-line, or by mail order. They are also for sale, in very nice display cases, at Post Offices. So, they must put thousands out for ordinary retail sale to impulse-buyers. I expect they sell a lot, but that they get some returns.
Be that as it may, after a certain period (I don't know what it is, but I suspect that it's less than a year), any unsold items are withdrawn from public sale. They, all of them, are then sold to a major Australian dealer. I have no idea what sort of discount applies at this point, but presumably there is a discount ...
so RAM can say that every issue is "sold out", as they were all sold, eventually;
and The Dealer has a monopoly on that particular issue. And The Dealer can repeat the "all sold out" line in his advertizing. Clever, eh ?
I presume that the dealer has to be patient to recoup his investment, but as he has a monopoly, he can determine the price that these items go onto the market at.
The other dealers haven't got anything to be happy about, but if they're complaining, then they're doing it quietly.
So, once an issue has "closed", any late-comers who want one will have to pay The Dealer's price, or hope to find one, already bought by a retail customer, that for some reason has found its way back onto the market.

Peter in Oz

It may look better after aging. This is a crude simulation: