Best Of

@RedStorm said:
With the last strike of cents happening today, is there any truth to the rumor that JC Penney is officially changing their name to JC Nickel tomorrow? 🙃

maybe jc dime in a few years so sayeth the rumor mill, we shall see

They should sell off the last 500-1000 like they did with the Last Type 1 Silver Eagles. Auction them and make some money.

someone liked it at the price point

As a serious note - “Fresh to the Market”. Is a term have seen used from various dealers or vest Pocket traders. Everybody knows it’s a seller marketing gimmick.

@changeofpace said:

@Custerlost said:
The market has spoken. Premium right now is $25 at Pinehurst if you want to cash one in. Otherwise not worth any more than the silver. But good news, the dollar is again moving down against silver. So either way, a decent investment gamble if you can get one through cloudflare.

You can say that for all US Mint silver offerings. Silver will be $200 or more against the dollar eventually. So buy ‘em if you like ‘em and your heirs will be happy you did.

Pinehurst ≠ the market. Plenty of interest at $187 on Pure right now. (The caveat is that Pure requires you to ship within 3 days, so people selling on the platform today won't be able to comply given mid-Dec shipping.)

Agree. If you look though, Pure acknowledges that it is pre-sale and gives more time to complete the transaction. Looks like Bid is down to $150 now though.

@Custerlost said:
Nobody who has them in hand today will let them go for less than $300 unless for some reason they failed to grade 70. But in 6 months, just the value of silver, which who knows at this point what that will be. 350?

Nobody? People are selling on Pure with recent transactions at $150 & $175.

@HATTRICK said:

@jmlanzaf said:

@HATTRICK said:
@WALLE said:
10,000 available this morning gone in less the 10 seconds.

Not bots. This was planned to filter out flippers and allow big quantities to their better customers. This type of activity is done with a purpose. No rules. No regulation . Do whatever you can get away with .
If it was being done for a fair reason it would be clearly stated. What you don’t know will definitely hurt you.

Nonsense.

If they wanted to sell them to their better customers, they simply would sell them. No one would know. It would be ludicrous to pretend to make them available and direct them to certain parties.

You are partially correct. The sale had already happened. The system requires to enter in ATS to sale. What you see for seconds at morning boot up at 7:30 is the add transaction immediately followed by the sale transaction. A flash on the screen as the transactions update weather it is small quantities or 10,000. This also accounts for the crashing buy prices of the big retailers. P.S. I do not base this on theory alone but on my experience setting up and installing inventory systems for Electronics Boutique and QVC and system integration with inventory control and ordering systems for major distributors.

It is not some out of control clerk playing with the numbers or bots but just normal updating of the system. If you want to know the truth you will need to see a transactional sales register.

With no household limit, it's not going to take long to clear out the entire inventory for folks using multiple accounts.