DECLARED MINTAGE
But what happens if the maximum mintage is not taken up by collectors? Obviously, it does not make sense for any Mint to keep making a collectable coin if the mintage is unlikely to sell out.
FEATURE ARTICLE
If after a reasonable period of time we judge the market no longer has any interest in the coin, or for some other reason it is no longer viable, we close-off production and declare the mintage.
A declared mintage is the final number that will ever be made available for sale, even though the declared figure falls short of the original maximum mintage stated by the Mint.
In this way, some declared coins end up being rarer than their original mintage limits would indicate. To find examples of this, visit the Collector Coin Mintages page on our website.
MINTAGE FIGURES REFER TO THE MAXIMUM AMOUNT OF A COIN WE COULD PRODUCE. ISSUE LIMITS REFER TO THE FORMATS IN WHICH THE COIN IS PACKAGED.
ISSUE LIMIT
Even though the 125th Anniversary 2024 1oz Silver Proof Coin has a maximum mintage of 10,000, you may have spotted that it has an advertised issue limit of 7,500.
Issue limits refer to the format in which the coin is packaged. In this instance, up to 7,500 coins are being offered in individual coin cases. As a result, 2,500 coins remain available within the maximum mintage for sale in a distinctively different format.
In fact, 2,500 coins have been made available for inclusion in the spectacular 125th Anniversary 2024 1oz Silver Typeset Collection, which includes Gilded, Coloured and Bullion variants of the coin.
If collectors buy all 2,500 Typesets, we will announce the issue limit as sold out. If the market only requires 1,000, we will declare that number as the total ever issued.
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