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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: E. Graphs who wrote (64807)	2/28/2001 5:16:43 PM
From: goldsheet	Respond to of 116757

<Very strange though that they would not print more since there is such demand for it. I wonder why the Bundesrat would make such an arbitrary decision> Perfectly normal and correct business decision for a government mint. Collector coins, as opposed to bullion coins, are struck in limited quantities and sold for a substantial premium over melt in order to make a profit. If they struck more, the possibility of them going up in value in the future would be eliminated and collectors would stop buying them. The US Mint had a history of striking too many proof sets in the 1970s and 1980s, and almost all are under issue price (poor investments) Since they limited mintage in the 1990s, they have been getting higher prices, sets rise further in price after issue, and everyone is happier.