Home U.S. Coin Forum

Comments

  • Options
    pf70collectorpf70collector Posts: 6,504 ✭✭✭
    I thought they reduced the price. Bummer.
  • Options
    jessewvujessewvu Posts: 5,063 ✭✭✭✭✭
    I wonder if why they did this and if they have ever done it before...

    Do you think the new distribution center is taking metrics (purchases per view, or something like that) and determining that they will only sell a certain amount, then reducing the production limit to make sure they achieve their new target?
  • Options
    edgaredgar Posts: 886 ✭✭✭✭
    My guess is they took a look at sales to date, and decided they didn't want them
    languishing into next year and decided to end production. A December sale out.

    (l8-)>>

  • Options
    19Lyds19Lyds Posts: 26,472 ✭✭✭✭
    Of course you know what this really means don't you?


    It means that nobody really wants them and if anybody is really trying to shake the "rarity" pole just remember that...........people don't want them. At least, not for $99!
    If they'd have priced them correctly, they just might have sold out but $99 is just way out of line.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • Options
    19Lyds19Lyds Posts: 26,472 ✭✭✭✭


    << <i>I wonder if why they did this and if they have ever done it before...

    Do you think the new distribution center is taking metrics (purchases per view, or something like that) and determining that they will only sell a certain amount, then reducing the production limit to make sure they achieve their new target? >>

    Uhhhhh. Maybe they aren't "getting any orders to process" comes to mind.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • Options
    lasvegasteddylasvegasteddy Posts: 10,408 ✭✭✭
    probably already sold 750k and are struggling with the last 250k...image
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • Options
    rickoricko Posts: 98,724 ✭✭✭✭✭
    Lifted the 'household' limit..and now the production quantity..... obviously not received the demand expected. Cheers, RickO
  • Options
    bestdaybestday Posts: 4,220 ✭✭✭✭


    << <i>Of course you know what this really means don't you?


    It means that nobody really wants them and if anybody is really trying to shake the "rarity" pole just remember that...........people don't want them. At least, not for $99!
    If they'd have priced them correctly, they just might have sold out but $99 is just way out of line. >>



    Mint overpriced set based on low Silver content.....and low Silver price.. Also the name has small recognition from newer generations
  • Options
    LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Still making about 100% over demand. Was looking at graded coins on eBay and many of them had to be submitted in bulk to sell for those prices and make investment back. I'm waiting think this one will tank.
    Especially since it's being considered a modern commemorative. image
  • Options
    OPAOPA Posts: 17,104 ✭✭✭✭✭
    "As of November 24, sales have reached 165,824 units, up by 21,252 from the prior week. The cumulative total now represents 73.70% of the revised product limit. The US Mint has indicated that the product will remain available until sold out."

    May take a while.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Options
    segojasegoja Posts: 6,112 ✭✭✭✭
    Given the reduced amount, that will push demand (I'm sure the intent of the mint). I'm guessing this will sell out close to the end of the year.

    Once it sells out, then you'll get the "I can't get it anymore" and that will temporarily push prices up.

    Wish they would do something about the gold Kennedy.
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • Options
    19Lyds19Lyds Posts: 26,472 ✭✭✭✭


    << <i>Wish they would do something about the gold Kennedy. >>

    What would you like them to do James?
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • Options
    bestdaybestday Posts: 4,220 ✭✭✭✭


    << <i>

    << <i>Wish they would do something about the gold Kennedy. >>

    What would you like them to do James? >>



    Until the ANA show bus sitters dealers unload their coins .. the gold Kennedy is dead meat.. only hope is a big rally in gold


  • Options
    BillJonesBillJones Posts: 33,481 ✭✭✭✭✭
    Looks like they are trying to drum up some business by announcing a lower mintage, but 225,000 is still a lot of a non circulating set of coins.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Options
    FullStrikeFullStrike Posts: 4,353 ✭✭✭


    << <i>

    << <i>Wish they would do something about the gold Kennedy. >>

    What would you like them to do James? >>




    They need to do a Coin buy back program. image
  • Options
    MilesWaitsMilesWaits Posts: 5,310 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Wish they would do something about the gold Kennedy. >>

    What would you like them to do James? >>



    Until the ANA show bus sitters dealers unload their coins .. the gold Kennedy is dead meat.. only hope is a big rally in gold >>



    Or until that magic date of 2/5/2015 when they "predictably" rise to $1800!
    Now riding the swell in PM's and surf.
  • Options
    MsMorrisineMsMorrisine Posts: 32,203 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Wish they would do something about the gold Kennedy. >>

    What would you like them to do James? >>




    They need to do a Coin buy back program. image >>




    I need a bail out. TARP seems quite appropriate!


    Where do I file?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file