Mayflower issues

Onedollarnohollar

are these going to be a hit after what we just experienced with the v75's?

Bochiman

I thought about getting them, as it goes with a theme set I have, but, I gave it a 2nd thought and decided against it.
Not sure they will do much of anything and I don't need more "clutter" in the collection. Also, they don't excite me.

ricko

They do have attractive designs. However, they do not fit with my collection (as hodge podge as it may be ). So I will not subject myself to the order nightmare. Cheers, RickO

Halfpence

The U.S. design is terrible, IMHO. I like the other, though.

fathom

No not like the privy.

TwoSides2aCoin

Am afraid the cancel culture will claim this ship brought invaders and pestilence, then get a law passed to confiscate them , later. ( just kidding but it could happen).

MrSmith

You could try to get one, basically use this one as practice for another time. If you win, either cancel the order before shipping or return it.

ɹoʇɔǝlloɔ

I like these - ill be trying my luck for the silver set and reverse silver - good luck all - sure to be another 💩-show

Mdcoincollector2003

I think I’ll try for it, not a 100% yet. I like both designs, but I do like the British design better. Wish the American one was a coin not a medal.

291fifth

They will be quickly forgotten. No one really gets excited about the Mayflower these days.

Onedollarnohollar

I'm thinking the two piece gold set may be the best set. the reverse proof gold is also interesting. we'll see.

derryb

Gold Mayflower Rev. Proofs became available again this morning at Mint site. Tried to buy three, but ended up with the last two. $29 price drop since initial 11/17 issue.

Onedollarnohollar

these reverse proofs are selling on ebay for about $710, cost from mint $690. after ebay and paypal fees plus shipping it looks like you'd be underwater by about $100 if you intended just to flip them. am I missing something?

derryb

check the completed sales of graded coins

Onedollarnohollar

That's only if you get lucky and get a pf70. You also have to factor in grading/shipping fees to our host. If you get a 69 or worse, look at the sale prices realized. Raw or 69's as low as $710. It's a big gamble to get these graded for a flipper.

@derryb said:
check the completed sales of graded coins

derryb

the only 69 on ebay completed sales was an NGC that sold for 969, much more than what the raw is selling for.

PCGS pops show 44 out of 51 have graded 70 thus far, the rest 69. Doesn't take a whole lot of luck when submitted in mint capsules. Not a very big gamble at all.

Hydrant

@Bochiman said:
I thought about getting them, as it goes with a theme set I have, but, I gave it a 2nd thought and decided against it.
Not sure they will do much of anything and I don't need more "clutter" in the collection. Also, they don't excite me.

I could of wrote that about me. Word for word. Weird.

Onedollarnohollar

@derryb said:
the only 69 on ebay completed sales was an NGC that sold for 969, much more than what the raw is selling for.

PCGS pops show 44 out of 51 have graded 70 thus far, the rest 69. Doesn't take a whole lot of luck when submitted in mint capsules. Not a very big gamble at all.

Ok, see what you're saying. But let's say you get a 69 and sell it for $969, after the cost of the coin with shipping from the mint it's 700, then you add grading costs with shipping approx $100, that's $800, so you have $169 after the sale on ebay. oh, then ebay charges about $96 for their seller fee and paypal takes about $30 for their transaction fee. your profit? about $30. Is it really worth the hassle? You certainly can't sell it raw because you'll net out at about $100 loss after fees. Yes, if you get a 70 you might make a couple hundred dollars on the flip but there's no guarantee you'll get a 70. Good to see the high percentage of 70's though. Good luck all!

BillJones

Heritage is advertising certified examples of a £5 gold coin at a price well over $10k. It will be interesting to see if that one generates much interest at that price.

jmlanzaf

@Onedollarnohollar said:

@derryb said:
the only 69 on ebay completed sales was an NGC that sold for 969, much more than what the raw is selling for.

PCGS pops show 44 out of 51 have graded 70 thus far, the rest 69. Doesn't take a whole lot of luck when submitted in mint capsules. Not a very big gamble at all.

Ok, see what you're saying. But let's say you get a 69 and sell it for $969, after the cost of the coin with shipping from the mint it's 700, then you add grading costs with shipping approx $100, that's $800, so you have $169 after the sale on ebay. oh, then ebay charges about $96 for their seller fee and paypal takes about $30 for their transaction fee. your profit? about $30. Is it really worth the hassle? You certainly can't sell it raw because you'll net out at about $100 loss after fees. Yes, if you get a 70 you might make a couple hundred dollars on the flip but there's no guarantee you'll get a 70. Good to see the high percentage of 70's though. Good luck all!

If you have a store, eBay seller fee is about $60 not $96.

If you are a frequent Mint buyer, there's no shipping charge. So, that's another $10. If you use a 2% cashback credit card, then that's another $15.

So, right there it's about $60 more than you calculated. And that's if you get a 69. Part of the gamble is getting a 70.

Is it worth it? It is to @derryb

It wasn't to me.

Apparently it wasn't to you.

But if you don't play, you can't win.

MsMorrisine

going to be too late for first strike for those ordered today..

btw, members should be able to get FDOI like dealers.

JimTyler

Just more modern commemoratives. I bought the 2 coin silver set for $150 a few days ago when they had a plentiful surge. I saw them not available for so long my impulse buying addiction kicked in. I have no illusions of a big (or small) score.

derryb

@jmlanzaf said:

@Onedollarnohollar said:

@derryb said:
the only 69 on ebay completed sales was an NGC that sold for 969, much more than what the raw is selling for.

PCGS pops show 44 out of 51 have graded 70 thus far, the rest 69. Doesn't take a whole lot of luck when submitted in mint capsules. Not a very big gamble at all.

Ok, see what you're saying. But let's say you get a 69 and sell it for $969, after the cost of the coin with shipping from the mint it's 700, then you add grading costs with shipping approx $100, that's $800, so you have $169 after the sale on ebay. oh, then ebay charges about $96 for their seller fee and paypal takes about $30 for their transaction fee. your profit? about $30. Is it really worth the hassle? You certainly can't sell it raw because you'll net out at about $100 loss after fees. Yes, if you get a 70 you might make a couple hundred dollars on the flip but there's no guarantee you'll get a 70. Good to see the high percentage of 70's though. Good luck all!

If you have a store, eBay seller fee is about $60 not $96.

If you are a frequent Mint buyer, there's no shipping charge. So, that's another $10. If you use a 2% cashback credit card, then that's another $15.

So, right there it's about $60 more than you calculated. And that's if you get a 69. Part of the gamble is getting a 70.

Is it worth it? It is to @derryb

think volume

and consider all of the mayflower issues in graded volume. The grading cost per coin goes down as submission volume goes up. The gold reverse proof is one of the lowest net profit makers of the bunch.

jmlanzaf

@derryb said:

@jmlanzaf said:

@Onedollarnohollar said:

@derryb said:
the only 69 on ebay completed sales was an NGC that sold for 969, much more than what the raw is selling for.

PCGS pops show 44 out of 51 have graded 70 thus far, the rest 69. Doesn't take a whole lot of luck when submitted in mint capsules. Not a very big gamble at all.

Ok, see what you're saying. But let's say you get a 69 and sell it for $969, after the cost of the coin with shipping from the mint it's 700, then you add grading costs with shipping approx $100, that's $800, so you have $169 after the sale on ebay. oh, then ebay charges about $96 for their seller fee and paypal takes about $30 for their transaction fee. your profit? about $30. Is it really worth the hassle? You certainly can't sell it raw because you'll net out at about $100 loss after fees. Yes, if you get a 70 you might make a couple hundred dollars on the flip but there's no guarantee you'll get a 70. Good to see the high percentage of 70's though. Good luck all!

If you have a store, eBay seller fee is about $60 not $96.

If you are a frequent Mint buyer, there's no shipping charge. So, that's another $10. If you use a 2% cashback credit card, then that's another $15.

So, right there it's about $60 more than you calculated. And that's if you get a 69. Part of the gamble is getting a 70.

Is it worth it? It is to @derryb

think volume

I'm on your side.

I've done crazier things for less money.

Onedollarnohollar

If you have a store, eBay seller fee is about $60 not $96.

If you are a frequent Mint buyer, there's no shipping charge. So, that's another $10. If you use a 2% cashback credit card, then that's another $15.

So, right there it's about $60 more than you calculated. And that's if you get a 69. Part of the gamble is getting a 70.

think volume

I was talking about just a single submission. I don't have any of the above advantages to mitigate costs so my calculations simply reflect what it would cost me overall compared to potential profit on a flip. I suppose if I purchased 100 of these and made $50 per unit the volume would make sense vs. overall costs. I'm not a business, just a single unit buyer so I have to pay attention to small margins. I do appreciate the input for perspective.

OPA

Onedollarnohollar .....As the saying goes: "It takes money to make money." And sometimes good timing and taking a chance.