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2018 American Innovation $1 Coin (Intro coin) (18GA, 18GRA, 18GRE, 18GBA, 18GBE) (RP is sold out...)

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  • jmlanzafjmlanzaf Posts: 36,588 ✭✭✭✭✭

    @BackroadJunkie said:

    @Onastone said:

    On the plus side, if they're really rushed to strike the coins, errors could be made... :D

    (I've got a preliminary 2019 Innobuck thread ready to go, if they'd only release real images and for sale dates... Heh...)

    I'm more interested in the mintage limits, if any.

  • ReadyFireAimReadyFireAim Posts: 1,835 ✭✭✭✭✭

    @BackroadJunkie said:
    I could start the 2019 thread now, since that's what we're talking about, and all the 2019 Innobuck web pages exist. Any > > preferences?

    I like the now idea :)

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @jmlanzaf said:

    @BackroadJunkie said:

    @Onastone said:

    On the plus side, if they're really rushed to strike the coins, errors could be made... :D

    (I've got a preliminary 2019 Innobuck thread ready to go, if they'd only release real images and for sale dates... Heh...)

    I'm more interested in the mintage limits, if any.

    Designs and ML.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Must be my timing. Have not been able to get any during my AM checks.

  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭

    @Hemispherical said:
    Must be my timing. Have not been able to get any during my AM checks.

    Or forum members got quicker fingers now that the trick is out there.


  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @Kudbegud said:

    @Hemispherical said:
    Must be my timing. Have not been able to get any during my AM checks.

    Or forum members got quicker fingers now that the trick is out there.

    Probably very true.

    At least I managed to get 5 in the cart on the last opening. Now await the next to complete the checkout. ;)

  • jmlanzafjmlanzaf Posts: 36,588 ✭✭✭✭✭

    @Hemispherical said:

    @jmlanzaf said:

    @BackroadJunkie said:

    @Onastone said:

    On the plus side, if they're really rushed to strike the coins, errors could be made... :D

    (I've got a preliminary 2019 Innobuck thread ready to go, if they'd only release real images and for sale dates... Heh...)

    I'm more interested in the mintage limits, if any.

    Designs and ML.

    They already released the designs, didn't they?

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    18GA
    2018 AI $1 PROOF COIN
    188645
    08/25/2019

    Sales are creeping along.

  • jmlanzafjmlanzaf Posts: 36,588 ✭✭✭✭✭

    Literally 1 (ONE) set showed up this morning

  • 7over87over8 Posts: 4,733 ✭✭✭

    There still seems to be 2000+ available—-what’s going on here USM?

  • jmlanzafjmlanzaf Posts: 36,588 ✭✭✭✭✭

    @7over8 said:
    There still seems to be 2000+ available—-what’s going on here USM?

    Could be in the gift shops or show stock. Could be on hold pending returns of items. It is not at all unusual

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    An observation.

    Some are willing to pay a premium for the AI PR and AI RP rather than go through the Mint.

    No idea why, other than maybe had a previous “difficult” experience?

  • 7over87over8 Posts: 4,733 ✭✭✭

    2000 being held for returns is far more than usual

  • jmlanzafjmlanzaf Posts: 36,588 ✭✭✭✭✭

    @7over8 said:
    2000 being held for returns is far more than usual

    Actually, I mentioned 3 different places they could be. I meant pending returns, not possible returns. The overmintage for this item was probably in the thousands. Those would be the coins held for "possible" returns. They would sell all 75,000 and any returns would be handled from the overmintage. But there seems to be some timing issues in the reporting of numbers we see, so it is possible that a pending return would be deducted from sales but not put on sale until the physical units were accounted for...or not. I was speculating that would be one of at least 3 places where the "missing" 2000 units could currently be.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    The quicker these go SO the better.

  • jmlanzafjmlanzaf Posts: 36,588 ✭✭✭✭✭

    @Hemispherical said:
    The quicker these go SO the better.

    Well, that's usually true...unless you like checking for them at 7:30 every morning. LOL

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @jmlanzaf said:

    @Hemispherical said:
    The quicker these go SO the better.

    Well, that's usually true...unless you like checking for them at 7:30 every morning. LOL

    Too true!

  • cagcrispcagcrisp Posts: 1,060 ✭✭✭✭✭

    18GE 2018 AI $1 REV PRF COIN 72,830 +119

  • jmlanzafjmlanzaf Posts: 36,588 ✭✭✭✭✭

    @cagcrisp said:
    18GE 2018 AI $1 REV PRF COIN 72,830 +119

    and so we creep closer...

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    18GA
    2018 AI $1 PROOF COIN
    189373
    09/01/2019

    Less than 750 this week.

  • cagcrispcagcrisp Posts: 1,060 ✭✭✭✭✭

    18GE 2018 AI $1 REV PRF COIN 74,836 +2,006

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @cagcrisp said:
    18GE 2018 AI $1 REV PRF COIN 74,836 +2,006

    So close for the reverse PRs sellout.

    While the PRs keep on keeping on...

    18GA
    2018 AI $1 PROOF COIN
    189896
    09/08/2019

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    18GA
    2018 AI $1 PROOF COIN
    190600
    09/15/2019

    Just how many of these did they make last year? A FOIA is needed.

    If the bags (which are sold out) are an indicator then about 290K PRs were made?

    18GBA 2018 AI $1 100-COIN BAG (P) 2935
    09/15/2019

    18GBE
    2018 AI $1 100-COIN BAG (D) 2954
    09/15/2019

    The limiting factor for AI collectors are the Reverse Proofs with a 75K limit, but doubtful there are that many collectors.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    18GA
    2018 AI $1 PROOF COIN
    191318
    09/22/2019

  • jmlanzafjmlanzaf Posts: 36,588 ✭✭✭✭✭

    I remain curious as to what the other Reverse Proofs are going to have for mintages. Given that the first one is coming out in November, are they going to do the same thing they did with the 2018? Are they going to Mint a fixed number and then release them, maybe into 2020?

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @jmlanzaf said:
    I remain curious as to what the other Reverse Proofs are going to have for mintages. Given that the first one is coming out in November, are they going to do the same thing they did with the 2018? Are they going to Mint a fixed number and then release them, maybe into 2020?

    Looks that way. Do not know when the process starts for each State but they have to provide the designs. Then go through the CAC and CFAC
    process.

    If they (Mint) are following the same timeline as the Intro coins and these four States... takes away for them State governments to change. Then these will be stuck to start in the last calendar quarter every year.

    IMO

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    @Hemispherical said:
    If they (Mint) are following the same timeline as the Intro coins and these four States... takes away for them State governments to change. Then these will be stuck to start in the last calendar quarter every year.

    This year's coins are being released late because the law was introduced so late last year. Idiots Members in congress probably don't realize how long the process takes. (The CFA/CCAC were considering designs for the 2019 innobucks at the same time they were looking at 2020 designs for the commems. A year late in the process.)

    They're already reviewing design candidates for 2020, so I suspect the 2020 innobucks will follow a schedule more like the presibucks, one per quarter starting next year or 2021...

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @BackroadJunkie said:

    @Hemispherical said:
    If they (Mint) are following the same timeline as the Intro coins and these four States... takes away for them State governments to change. Then these will be stuck to start in the last calendar quarter every year.

    This year's coins are being released late because the law was introduced so late last year. Idiots Members in congress probably don't realize how long the process takes. (The CFA/CCAC were considering designs for the 2019 innobucks at the same time they were looking at 2020 designs for the commems. A year late in the process.)

    They're already reviewing design candidates for 2020, so I suspect the 2020 innobucks will follow a schedule more like the presibucks, one per quarter starting next year or 2021...

    That’ll be a relief for some... I guess.

    Thanks for the timeline update @BackroadJunkie.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭
    edited October 3, 2019 8:04PM

    18GA
    2018 AI $1 PROOF COIN
    191823
    09/29/2019

    18GE
    2018 AI $1 REV PRF COIN
    74794
    09/29/2019

    FY funding ran out, last update for the Intro AIs. :D

  • fox9487fox9487 Posts: 311 ✭✭✭

    @jmlanzaf said:

    @Hemispherical said:
    The quicker these go SO the better.

    Well, that's usually true...unless you like checking for them at 7:30 every morning. LOL

    It took what seemed like forever ( a month and 1/2?) but they actually showed up this morning. Anyone else get an order(s) in?

    Successful Transactions: Coinflip, bp777, firstspousecoins, Akbeez, jmlanzaf, JWP
  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @fox9487 said:

    @jmlanzaf said:

    @Hemispherical said:
    The quicker these go SO the better.

    Well, that's usually true...unless you like checking for them at 7:30 every morning. LOL

    It took what seemed like forever ( a month and 1/2?) but they actually showed up this morning. Anyone else get an order(s) in?

    Was doing a few morning checks, and got sidetracked (bad timing).

    Start the caffeine before an event that needs timing. ;)

    How many did you see/get?

  • fox9487fox9487 Posts: 311 ✭✭✭

    Not sure how many were available. They limited to 5 sets per order still. Was able to get 7 orders in. There were two orders scattered in between my orders. No guarantee those were for the same coin though.

    Successful Transactions: Coinflip, bp777, firstspousecoins, Akbeez, jmlanzaf, JWP
  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Dang! :/

    Hopefully more will come up.

  • smokincoinsmokincoin Posts: 2,636 ✭✭✭

    What are ya'll talking about? The reverse proofs?

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @smokincoin said:
    What are ya'll talking about? The reverse proofs?

    Yes.

  • HATTRICKHATTRICK Posts: 2,225 ✭✭✭✭✭

    Finally Sold Out ! Next.

  • ReadyFireAimReadyFireAim Posts: 1,835 ✭✭✭✭✭
    edited October 23, 2019 12:37PM

    Spots already???...Interesting (BTW this is a 70)

    (as seen in someone's registry set)

  • jmlanzafjmlanzaf Posts: 36,588 ✭✭✭✭✭

    @ReadyFireAim said:
    Spots already???...Interesting (BTW this is a 70)

    Wow, that's interesting. Could those possibly have appeared after slabbing?

  • BigABigA Posts: 2,715 ✭✭✭✭

    Wouldn't the registry pics be right after slabbing? .....or are they added at any random date after the fact

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @BigA said:
    Wouldn't the registry pics be right after slabbing? .....or are they added at any random date after the fact

    From the FAQ:

    At what point in the process are the photographs taken?

    Photography can take place at any point in the grading process but always before the coin is encapsulated to ensure absolute clarity in the photography process.

    —————

    @ReadyFireAim said:
    Spots already???...Interesting (BTW this is a 70)

    (as seen in someone's registry set)

    Composition as posted at the Mint’s site for the AI:

    Composition: 6% Zinc, 3.5% Manganese, 2% Nickel, Balance Copper

    Could it be an alloy mix issue?
    Washing of the planchet
    Sneeze/cough?

    I’ve seen a spot or two in OGP PF AIs but never sent them in for grading.

  • rip_frip_f Posts: 368 ✭✭✭✭

    @Hemispherical said:

    Composition as posted at the Mint’s site for the AI:

    Composition: 6% Zinc, 3.5% Manganese, 2% Nickel, Balance Copper

    Could it be an alloy mix issue?
    Washing of the planchet
    Sneeze/cough?

    I’ve seen a spot or two in OGP PF AIs but never sent them in for grading.

    Since the spots are only on one side or the coin, your third option is probably the case. Employees should be wearing masks - especially when dealing with proof surfaces. Which grading company did this?

    While carefully handled examples of these small dollars since 2000 are beautiful (and even tone beautifully), they are overly vulnerable to environmental conditions. (e.g. the ones circulating in Ecuador)
    The metallurgical content on this series should be changed to something more durable.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @rip_f

    At 100+ coins for this series it’s going to be “fun” seeing all the different “characteristics” when it’s complete.

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    @ReadyFireAim said:
    Spots already???...Interesting (BTW this is a 70)

    (as seen in someone's registry set)

    Those are stars. It's the extra special nighttime Innobuck.

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭
    edited October 25, 2019 8:08AM

    @rip_f said:
    The metallurgical content on this series should be changed to something more durable.

    That might be tough. The formulation was specific to match the electro-magnetic signature of the cupro-nickel Suzibuck.

    Vending machines, donchaknow...

  • jmski52jmski52 Posts: 23,259 ✭✭✭✭✭
    edited October 27, 2019 2:31PM

    75,000 mintages for each of the upcoming reverse proofs.

    What do you guys think of that?

    I'll offer my opinion up front - continued fragmentation of the coin market, resulting in lower and lower demand overall, nevermind the demographics and trends away from coin usage & paper money.

    Does it seem a little like a Franklin Mint subscription service (only without the precious metal content)?

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @jmski52 said:
    75,000 mintages for each of the upcoming reverse proofs.

    What do you guys think of that?

    Will be very interesting if each of the RPF coins sellout.

    What is the initial HHL for the Delaware?

  • jmski52jmski52 Posts: 23,259 ✭✭✭✭✭

    HHL = 5.

    Do you think that there's 65,000 to 75,000 collectors willing to ride out a series like this, along with all the other stuff being served up every year?

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • jmlanzafjmlanzaf Posts: 36,588 ✭✭✭✭✭

    @jmski52 said:
    HHL = 5.

    Do you think that there's 65,000 to 75,000 collectors willing to ride out a series like this, along with all the other stuff being served up every year?

    No. But when do they get off the train? Look at state quarters.

  • jmski52jmski52 Posts: 23,259 ✭✭✭✭✭

    _when do they get off the train?_when do they get off the train?

    About that time when their eyes blur over and they ask themselves, "What am I doing?"

    My best estimate is around 1-2 years after retirement.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @jmski52 said:
    HHL = 5.

    Do you think that there's 65,000 to 75,000 collectors willing to ride out a series like this, along with all the other stuff being served up every year?

    IMO, I do not think the collector base is that large. Many that were bought were for gifts and the “newness” of the coin. How many of these gift recipients becoming an AI series collector is the big question mark. But (of course there’s a ‘but’) the RPF Intro coin did sellout. Who bought them?

    The pop report does not show extensive slabbing. This leads me to believe most AI collectors are doing an album fill. I recall @WALLE had made his own album, too, since there are none available. This may have changed.

    I am on the fence collecting the full series. Maybe the PF and/or RPF...?

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