Mintage

Discussion in 'Numismatics' started by JulieW, Jul 14, 2011.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    I just read this on the sale thread

    OTHER INFORMATION
    * Perth Mint limited mintage 100,000
    * Out of 100,000 only 29,325 sold

    Does this mean that should this coin start to look like a good prospect, that the PM will resume production or release more until the 100,000 limit is reached? Or is there a sunset on production, release and sale?
     
  2. fishball

    fishball New Member Silver Stacker

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    Nah they said they wouldn't remint the old lunars, unlike the kooks.

    Source: somewhere on their blog or Bron, can't remember which
     
  3. goldpelican

    goldpelican Administrator Staff Member

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    Which coin is it?

    Generally with the Perth Mint issues, there is a maximum allowable mintage, and they progressively mint as required until the limit is reached - or until interest in the release wanes where it's no longer viable to undertake a mint run.

    Lots of the Series One Lunar issues are like this - 100,000 "mintage" but only 20,000 "sales" - generally the sales figure is the true mintage figure in terms of coins actually struck.

    Not entirely sure on the particular coin (haven't seen the thread).
     
  4. fishball

    fishball New Member Silver Stacker

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    It's the Gold 1/20oz Lunar Dragon GP.
     
  5. goldpelican

    goldpelican Administrator Staff Member

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    29,325 would be the actual mintage then - there was a theoretical limit of 100,000 but they were minted more on a "mint to order" basis - they don't strike 100,000 up front and then hope to sell them all.
     
  6. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    My understanding here is that the Mint will NOT be releasing any more of any Series 1 coin, of which the old dragons certainly are.
     

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