I sold all my platinum. My last coin at a significant loss because spot had fallen $600 an ounce since I bought the coin. Dealers won't buy these except at spot. I was fortunate to sell those 2006 1 oz plats I bought when their was still demand years ago. Those were the years when low mintages really counted, not so today. This palladium reminds me of 2006.
I also sold my PCGS PF 70 FS Reverse Proof Buffalo at a $400 loss when I bought it in 2013. I have to learn from my mistakes.
I love the design and I know if I buy one I will keep it and not flip it. That is the temptation of being a collector. So I will probably stay away because my intention would be just to flip this coin right away.
I can wait a few years and if I want one then I will buy, but the bloom will have already fallen off this coin and I may not want it.
The only thing that would help this coin is if the mint decided not to produce any in the following years.
Good luck with everyone today whether you are flipping or collecting. Just be cautious with all the hype.
I won't be following the herd today like I have done so many times in the past.
Same old story and will be the same pattern as most of these mint releases... Short term run up, stagnant, and drop below mint price. Sell immediately if you want to make a couple bucks. Buy back in a year or two for under mint issue price.
Like the gold Kennedy, reverse proof buffalo, HOF baseball, silver eagle sets...
@Gluggo said:
17 minutes all logged in ready to pull the trigger! I got the " In a Meeting " sign all posted to keep all those out so not to disturb me!
No flipping here .... I may have question later as far as leaving it in the box as first strike candidate or how to send it in as such (of course if I get one)
Who knows, with the 1 per HH limit may take a bit longer than we think - or not. Will be interesting to see. 7 minutes.
I wonder if the Mint will ever work on the surge capacity of their site to better handle these events.
It's so frustrating to get nearly through on a purchase only to have it hand up on the confirmation or other page which isn't a problem during normal capacity times.
@Paradisefound said: No flipping here .... I may have question later as far as leaving it in the box as first strike candidate or how to send it in as such (of course if I get one)
You can open and look at the coin and send it in separate from the box if you get it sent to PCGS within the 30 day FS window posted on their site Monday Oct 8th.
I didnt' buy, but for fun I went on the site to see how many I I could have bought. Probably two by now. If I signed out and then signed into a new account. Sold out now. I was using google and a horrible dsl verizon internet. Strong tempation to press the button but didn't . Maybe finally kicked this addiction.
Holy cow I actually was able to confirm an order via the web USM060314xx
I actually lost track of time while repairing a gutter, just in the nick of time.
Comments
I am back on the fence even with the easy profit.
I sold all my platinum. My last coin at a significant loss because spot had fallen $600 an ounce since I bought the coin. Dealers won't buy these except at spot. I was fortunate to sell those 2006 1 oz plats I bought when their was still demand years ago. Those were the years when low mintages really counted, not so today. This palladium reminds me of 2006.
I also sold my PCGS PF 70 FS Reverse Proof Buffalo at a $400 loss when I bought it in 2013. I have to learn from my mistakes.
I love the design and I know if I buy one I will keep it and not flip it. That is the temptation of being a collector. So I will probably stay away because my intention would be just to flip this coin right away.
I can wait a few years and if I want one then I will buy, but the bloom will have already fallen off this coin and I may not want it.
The only thing that would help this coin is if the mint decided not to produce any in the following years.
Good luck with everyone today whether you are flipping or collecting. Just be cautious with all the hype.
I won't be following the herd today like I have done so many times in the past.
Box of 20
Same old story and will be the same pattern as most of these mint releases... Short term run up, stagnant, and drop below mint price. Sell immediately if you want to make a couple bucks. Buy back in a year or two for under mint issue price.
Like the gold Kennedy, reverse proof buffalo, HOF baseball, silver eagle sets...
TwistedArrow over on the BST Is offering $400 per coin with the caveat of he receives the coin before he pays with a post response count of eight.
Pinehurst coins is offering 225 and they giving you till 4 PM today to make your decision.
Getting multiple email offers now!
Todays the day
You can’t beat it...palladium for $13.87
Don't quote me on that.
To think how many folks are all set, sitting at a computer ready to jump on these is kind of humorous.
Wonder how these will do long term.
Of course, I'm sure that most are being bought for the immediate flip.
Good luck to you all.
By long term you mean for about an hour hold, right? As soon as I can sell, if I get one, it’s sold.
Don't quote me on that.
Who knows, with the 1 per HH limit may take a bit longer than we think - or not. Will be interesting to see. 7 minutes.
I wonder if the Mint will ever work on the surge capacity of their site to better handle these events.
It's so frustrating to get nearly through on a purchase only to have it hand up on the confirmation or other page which isn't a problem during normal capacity times.
You can open and look at the coin and send it in separate from the box if you get it sent to PCGS within the 30 day FS window posted on their site Monday Oct 8th.
https://www.pcgs.com/firststrike
My US Mint Commemorative Medal Set
ohh geeeez
What? It's not sold out yet?
OMG
060163xx
My US Mint Commemorative Medal Set
gets to the end... 'oops something went wrong'
Successful transactions with: wondercoin, Tetromibi, PerryHall, PlatinumDuck, JohnMaben/Pegasus Coin & Jewelry, CoinFlip, and coinlieutenant.
A little slow but i'm in USM06020xxx
USM060176xx
Can't even get on their site
060160XX
060195xx
Got one!!!!!!!!!!!!
060208xx
One for me. 060212**
Sluggish but done. USM060179xx
.
06019xxx at 12:03
USM060260xx
06023xxx
Sold out 12:05
Successful Trades: Swampboy,
I didnt' buy, but for fun I went on the site to see how many I I could have bought. Probably two by now. If I signed out and then signed into a new account. Sold out now. I was using google and a horrible dsl verizon internet. Strong tempation to press the button but didn't . Maybe finally kicked this addiction.
Box of 20
Holy cow I actually was able to confirm an order via the web USM060314xx
I actually lost track of time while repairing a gutter, just in the nick of time.
Way to go Paradise!
Email confirmation received
LOL that was fast
My US Mint Commemorative Medal Set
gOT zero!
==Looking for pre WW2 Commems in PCGS Rattler holders, 1851-O Three Cent Silvers in all grades
Successful, problem free and pleasant transactions with: illini420, coinguy1, weather11am,wayneherndon,wondercoin,Topdollarpaid,Julian, bishdigg,seateddime, peicesofme,ajia,CoinRaritiesOnline,savoyspecial,Boom, TorinoCobra71, ModernCoinMart, WTCG, slinc, Patches, Gerard, pocketpiececommems, BigJohnD, RickMilauskas, mirabella, Smittys, LeeG, TomB, DeusExMachina, tydye
Gone
Sold out within 6 minutes. That was fast. Looks like it will brings great value
Took about 5 mins to sell out
This product is currently unavailable. Learn More
Painful right there
Must've got the LAST ONE.
One order confirmed, went for another, and POOF.
Wow sold out! Unbelievable something is wrong! I bet they got flooded and crashed!
USM06019xxx - it says processing...did i or didn't i get one?
Currency Wants: Any note with serial number 00000731
Wow. Every time I clicked check out it said something went wrong. Wanted five, got none. Blah.
Order Number: 060308xx
Confirmed w/ next day shipping.
60313xx
Until October.
Sold out already?
Mint sucks. Couldn’t even get one
Site says it's UNAVAILABLE.........
USM06017XxX - glad I don't have dial-up...