U.S. Mint Customer Appreciation Sales Event - Virtual waiting room in force now! September 19, 2024
Goldbully
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Those high margins make this sale a no brainer for the Mint.
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I received this also. Will be interesting to see what products they offer.
They did this once before and the picking was slim to nil. Mostly garbage.
They're trying to sell the 2017 liberty gold that no one wanted.
Sales are nothing more than marking something down to the price it's really worth and still making a profit. Nothing but a gimmick!
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Don't suppose it will include the 2024 Morgan and Peace dollars.
Oh, it will. In 2030, after they have been sitting around for 6 years and have been marked up to $200. 🤣🤣🤣
i think everyone will get it
what's cost on these offerings 😐😆
Oh wow. I can't wait. Not!
If no price matching for those who bought slightly earlier, good luck getting people to order in the future.
The fine print:
All sales during this special event are final, no returns will be permitted, and all products are sold “as is.” The Government does not warrant the condition, quality, merchantability, marketability, or fitness of the purchased goods for any use or purpose.
I take this to mean less than first quality, probably returns or seconds.
Maybe, maybe not. It's going to be a bunch of old stock. Likely a mix of returns and stuff that never sold.
There is no such thing as "seconds" with Mint production, unless you are a perfectionist who considers 69s "seconds." Returns are inspected before being returned to stock, with "less than first quality" being discarded.
Coins that are actually damaged are replaced and removed from stock. Not resold at a discount during liquidations. The odds of getting a 69 are probably pretty high. The odds of getting a damaged coin are extremely low. The odds of getting crap at inflated prices that no one wanted are through the roof.
I'm quite sure that all they mean is that, given that they are discounting the product and want to move it, that they are not going to indulge our desire for perfection, with anything that doesn't look like a 70 going back, at their round trip expense for those who get free shipping.
Guess the Mint doesn’t appreciate me.
That’s cool. The feeling is quite mutual these days.
Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.
JL "Guess the Mint doesn’t appreciate me."
Put me in the same category - but still would like to see what they are offering.
Due to extraordinary high traffic, we are using a virtual waiting room.
gold premiums, gold premiums, gold premiums
guess PT an Pd too
Likely VERY wishful thinking. Won't be the first thing the Mint got wrong this year. Just count the seconds past noon until the VWL clears. 🤣
Most every sales organization have done the same for generations. Have a sale on what has not sold and is sitting in their inventory. Not likely to empty shelves.
Jim
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This went fast!
This should sell ok..
I got the 2022 ASE as well.
Lot of items unavailable already.
Some things were well priced ($26 for $25 in American innovation dollars) is for example a good price, but I passed on all.
My current registry sets:
20th Century Type Set
Virtual DANSCO 7070
Slabbed IHC set - Missing the Anacs Slabbed coins
Yup on the gold. Imagine how many they could sell if they just priced them closer to that sort of premium ($5,154 = 23% premium to $2,600 gold). The market is telling them where they would sell (likely even higher, since whatever they had sold out instantly), but they don't care.
They want a 54% premium, and, as a result, cannot even sell 10K. Not because they need a 54% premium, regardless of what apologists explaining government accounting to the unwashed masses such as myself say, but because they want it.
They'd rather sit on them for years, and then liquidate whatever is left at a deep discount, rather than pricing them in line with the market, and actually selling more than they do otherwise. Simply brilliant.
I had hopes for it. But I guess the vault sale last year was really a clean-out. The 1oz gold liberty really was tempting at a couple hundred over spot, but ... dropping nearly 3K on a whim isn't my style. lol
Finally................................