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Re: None

Wednesday, 01/09/2013 9:42:41 PM

Wednesday, January 09, 2013 9:42:41 PM

Post# of 36413
Eagles: Jan 2011 = 6,422,000 Jan 2013 = 4,287,000

The US Mint is NOT a retailer. Instead, they are the producer and wholesaler who sells to dealers who then sell to retail customers.

Each year, dealers place orders for the coming new year's coins in November and December, but the mint does not book these orders as "Sales" until the coins are ready to ship in early January.

Typically the first week of January has very high numbers, but then the numbers drastically taper off.

These "Sales" aren't sales at all, but are rather just transfers of stock from the producer to the retail dealers. Not a single 2013 eagle has really been "sold" yet, to real customers... They'll start next week.

http://www.usmint.gov/mint_programs/american_eagles/?action=sales&year=2011
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