The main purpose of germplasm banks is to preserve the genetic variability existing in crop species. The effectiveness of the regeneration of collections stored in gene banks is affected by factors such as sample size, random genetic drift, and seed viability. The objective of this paper is to review probability models and population genetics theory to determine the choice of sample size used for seed regeneration. A number of conclusions can be drawn from the results. First, the size of the sample depends largely on the frequency of the least common allele or genotype. Genotypes or alleles occurring at frequencies of more than 10% can be preserved with a sample size of 40 individuals. A sample size of 100 individuals will preserve genotypes (alleles) that occur at frequencies of 5%. If the frequency of rare genotypes (alleles) drops below 5%, larger sample sizes are required. A second conclusion is that for two, three, and four alleles per locus the sample size required to include a copy of each allele depends more on the frequency of the rare allele or alleles than on the number. Samples of 300 to 400 are required to preserve alleles that are present at a frequency of 1%. Third, if seed is bulked, the expected number of parents involved in any sample drawn from the bulk will be less than the number of parents included in the bulk. Fourth, to maintain a rate of breeding (F) of 1 %, the effective population size (N e) should be at least 150 for three alleles, and 300 for four alleles. Fifth, equalizing the reproductive output of each family to two progeny doubles the effective size of the population. Based on the results presented here, a practical option is considered for regenerating maize seed in a program constrained by limited funds.