Hi Guys,

It's not a bad idea, but if you only mint enough to fill pre-orders, you lose the opportunity to sell strikes to new members who are not in the club when the order deadline occurs. The club coin is a fundraiser, so running out of coins although good for anyone who has to volunteer time to sell/ship/pack is not good for fundraising. The pre-order is good to get an estimate, then run maybe an extra couple dozen beyond that. Keep in mind that the club strikes are not a liability on the balance sheet. I have never found club coin inventory on any of the financials, so we (as in the club) apparently are not counting them as inventory, which would show as an asset. Since they all have some silver, they can be sold as bullion if they must. Although it would be bad to contract to buy the silver at $40 an ounce and sell at $20, it appears the trend for now is rising silver prices. So, in all likelihood, if we still had inventory two years after release, the club could still get an increased silver value for it.