US Mint Observations - Coin Community Forum

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Author	Replies: 6 / Views: 1,157
sandpaper Valued Member United States 335 Posts	Posted 09/26/2006 3:22 pm Just a few facts from their site: As well as getting into selling UNC.silver dollars,they will be selling UNC platinum eagles,next week. I was checking their mintages and last year they made 7.3 million Kennedys and this year,4.4. Also,last year they made 5.04 million SACS.This year,they cranked out 7.7. ? what for? Report this Post to the Staff

SsuperDdave Moderator United States 23522 Posts	Posted 09/26/2006 4:54 pm First Strike slabs. Sorry. I had to go there. Report this Post to the Staff
morganman Valued Member United States 397 Posts	Posted 09/26/2006 6:05 pm quote: Originally posted by SuperDave First Strike slabs. MM Report this Post to the Staff
fastfords1 Valued Member United States 179 Posts	Posted 09/26/2006 6:12 pm the answer, Sandpaper, is $$$$$$. In adddition to the seignorage they get if and when a coin is released to the Fedeal reserve, the usmint also sell these coins to collectors for above face value, in rolls and bags. As long as collectors fork over the cash for these items, the usmint will continue to crank them out, even if they are not needed for commerce. And don't forget, lots of them go into the proof sets, silver proof sets and uncirculated (satin?) usmint sets every year, also sold at a high premium to face value. Report this Post to the Staff
fastfords1 Valued Member United States 179 Posts	Posted 09/26/2006 6:18 pm And there's always first strike slabs!!! The TPG's are probably the usmint's best customers for the halves and dollars!!! I just love playing with these smilies...somebody tell me to quit it Report this Post to the Staff
sandpaper Valued Member United States 335 Posts	Posted 09/26/2006 10:11 pm I got a few rolls of Kennedys from last year now I gotta get this years. Got some Sacs.from last year Report this Post to the Staff
mrcoin Valued Member United States 199 Posts	Posted 09/27/2006 08:13 am Good question, my Post Office doesn't even give them in change anymore 'cause it hissed people off. Report this Post to the Staff
	Replies: 6 / Views: 1,157

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