@Goldminers said:
Tonight, the Mint updates its website. Will be interesting to see if anything to do with the Flowing Hair gold and silver issues gets updated.
More info on the gold auctions would be nice as well as a real photo of the proof finish since some might be getting closer to advanced production.
Yeah, but I wouldn't count on that until after they go on sale. Likely after their anticipated sell out.
Which will surely take some air out of their announcement and auction if they don't sell out.
First and last coins off the press for a decades long running series is one thing. Doing something like this for a random, one-off issue, something else entirely.
I have no doubt people will chase it. But I do wonder how hard, if they end up not selling 17,500 at $3,700+. Who then is going to care about the 50th coin off the press?
@Goldminers said:
Tonight, the Mint updates its website. Will be interesting to see if anything to do with the Flowing Hair gold and silver issues gets updated.
More info on the gold auctions would be nice as well as a real photo of the proof finish since some might be getting closer to advanced production.
Curious if new website will allow viewing remaining stock.
The big dog is in the ~65,000,000 in the next release of GOLD Flowing Hair Coins.
The paltry offering of 50,000 silver medals only generated 5,200,000.
You bet your a&& they will have some gimmick to sell through 65 mil worth of gold coins........
@Goldminers said:
Tonight, the Mint updates its website. Will be interesting to see if anything to do with the Flowing Hair gold and silver issues gets updated.
More info on the gold auctions would be nice as well as a real photo of the proof finish since some might be getting closer to advanced production.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
@Goldminers said:
Tonight, the Mint updates its website. Will be interesting to see if anything to do with the Flowing Hair gold and silver issues gets updated.
More info on the gold auctions would be nice as well as a real photo of the proof finish since some might be getting closer to advanced production.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
Obviously can be seen now. Everyone looks at it. New website could be new code.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
How exactly can you view that information?
Not tried on new site but this is it:
On product page right click and select page source. Then hit Ctrl and F
That opens a box to search the code. Type in stocklevel and wirhin code a orange box will appear highlighting key word. Number that follows is what remains allowed to be ordered.
@Goldminers said:
Tonight, the Mint updates its website. Will be interesting to see if anything to do with the Flowing Hair gold and silver issues gets updated.
More info on the gold auctions would be nice as well as a real photo of the proof finish since some might be getting closer to advanced production.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
Obviously can be seen now. Everyone looks at it. New website could be new code.
@Goldminers said:
Tonight, the Mint updates its website. Will be interesting to see if anything to do with the Flowing Hair gold and silver issues gets updated.
More info on the gold auctions would be nice as well as a real photo of the proof finish since some might be getting closer to advanced production.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
Obviously can be seen now. Everyone looks at it. New website could be new code.
????
If it was obvious, why did you ask?
You are not the brightest person. Let me take you on a short walk through this.
Your comment was obvious… not my question. Moot point now that new site is up.
@Goldminers said:
Tonight, the Mint updates its website. Will be interesting to see if anything to do with the Flowing Hair gold and silver issues gets updated.
More info on the gold auctions would be nice as well as a real photo of the proof finish since some might be getting closer to advanced production.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
Obviously can be seen now. Everyone looks at it. New website could be new code.
????
If it was obvious, why did you ask?
You are not the brightest person. Let me take you on a short walk through this.
Your comment was obvious… not my question. Moot point now that new site is up.
Lmao. He who resorts to ad hominem attacks loses the exchange.
I tried to provide you a way to see the available inventory because it was not obvious that everyone knows it can be seen. See the comments following mine. Not everyone knows you can see the number in the code.
@Goldminers said:
Tonight, the Mint updates its website. Will be interesting to see if anything to do with the Flowing Hair gold and silver issues gets updated.
More info on the gold auctions would be nice as well as a real photo of the proof finish since some might be getting closer to advanced production.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
Obviously can be seen now. Everyone looks at it. New website could be new code.
????
If it was obvious, why did you ask?
You are not the brightest person. Let me take you on a short walk through this.
Your comment was obvious… not my question. Moot point now that new site is up.
Lmao. He who resorts to ad hominem attacks loses the exchange.
I tried to provide you a way to see the available inventory because it was not obvious that everyone knows it can be seen. See the comments following mine. Not everyone knows you can see the number in the code.
Your apology is accepted.
Again… you are not the brightest . It is what it is and a sad illustration of education system failing.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
How exactly can you view that information?
Not tried on new site but this is it:
On product page right click and select page source. Then hit Ctrl and F
That opens a box to search the code. Type in stocklevel and wirhin code a orange box will appear highlighting key word. Number that follows is what remains allowed to be ordered.
Stocklevel not working on the few tried this morning with new site
@Goldminers said:
Tonight, the Mint updates its website. Will be interesting to see if anything to do with the Flowing Hair gold and silver issues gets updated.
More info on the gold auctions would be nice as well as a real photo of the proof finish since some might be getting closer to advanced production.
Curious if new website will allow viewing remaining stock.
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
Obviously can be seen now. Everyone looks at it. New website could be new code.
????
If it was obvious, why did you ask?
You are not the brightest person. Let me take you on a short walk through this.
Your comment was obvious… not my question. Moot point now that new site is up.
Lmao. He who resorts to ad hominem attacks loses the exchange.
I tried to provide you a way to see the available inventory because it was not obvious that everyone knows it can be seen. See the comments following mine. Not everyone knows you can see the number in the code.
Your apology is accepted.
Again… you are not the brightest . It is what it is and a sad illustration of education system failing.
Try to focus on quality posts vs quantity.
More insults. I'm not sure insults count as quality. I believe in you. You can do better.
@VanHalen said:
The header on the column where we're reading the 49,996 is called "adjusted net demand."
The 49,996 number is not the mintage or the sales it's the adjusted net demand.
Which is literally net sales to date. What else do you think it could mean?
If they intentionally held back 25K, or did not make them but intended to in the future, they would go to Back Order and they would have continued to accept orders.
So something else is going on. My vote is still that someone is missing something at Mint, and 25K sales is not making it into the report.
Because, again, it would make no sense to construct a lottery to gin up demand to allow for a sell out of a 75K maximum mintage, and then refuse to sell that many. Even on a Back Order basis, if there was a production or packaging issue that prevent the fulfillment of orders for 75K right here and now.
That is precisely what they have used Back Order for in the past. To just not make 25K for no reason at all, and not sell 25K ounces of silver at a $70 premium to the market price of the planchet, would make absolutely no sense, so I just can't get my mind to go there.
So I keep going back to a mistake in the report. Hopefully Coin World will do some digging and get us an answer sooner rather than later, one way or the other.
@VanHalen said:
The header on the column where we're reading the 49,996 is called "adjusted net demand."
The 49,996 number is not the mintage or the sales it's the adjusted net demand.
Which is literally net sales to date. What else do you think it could mean?
If they intentionally held back 25K, or did not make them but intended to in the future, they would go to Back Order and they would have continued to accept orders.
So something else is going on. My vote is still that someone is missing something at Mint, and 25K sales is not making it into the report.
Because, again, it would make no sense to construct a lottery to gin up demand to allow for a sell out of a 75K maximum mintage, and then refuse to sell that many. Even on a Back Order basis, if there was a production or packaging issue that prevent the fulfillment of orders for 75K right here and now.
That is precisely what they have used Back Order for in the past. To just not make 25K for no reason at all, and not sell 25K ounces of silver at a $70 premium to the market price of the planchet, would make absolutely no sense, so I just can't get my mind to go there.
So I keep going back to a mistake in the report. Hopefully Coin World will do some digging and get us an answer sooner rather than later, one way or the other.
That's the long way of saying that you aren't ready to admit that they might have only minted 50,000.
It is much more probable that they misplaced exactly 25k. 😵💫
@VanHalen said:
The header on the column where we're reading the 49,996 is called "adjusted net demand."
The 49,996 number is not the mintage or the sales it's the adjusted net demand.
Which is literally net sales to date. What else do you think it could mean?
If they intentionally held back 25K, or did not make them but intended to in the future, they would go to Back Order and they would have continued to accept orders.
So something else is going on. My vote is still that someone is missing something at Mint, and 25K sales is not making it into the report.
Because, again, it would make no sense to construct a lottery to gin up demand to allow for a sell out of a 75K maximum mintage, and then refuse to sell that many. Even on a Back Order basis, if there was a production or packaging issue that prevent the fulfillment of orders for 75K right here and now.
That is precisely what they have used Back Order for in the past. To just not make 25K for no reason at all, and not sell 25K ounces of silver at a $70 premium to the market price of the planchet, would make absolutely no sense, so I just can't get my mind to go there.
So I keep going back to a mistake in the report. Hopefully Coin World will do some digging and get us an answer sooner rather than later, one way or the other.
Basically agree. If they are available or will come available you keep taking orders.
Possibly a few big players bought the balance to try to maintain a margin. It's not a huge commitment.
They were not sold and are not in inventory because they fell off the truck on the way to the distribution center before the on sale date. They are covering it up so the big boys can buy up as much as they can for a lower price before everyone finds out there will only be 50,000 total. As it will be hard for the thieves to sell them without getting caught they will probably be melted down to sell as silver bars. If this comes to be, expect prices to go thru the roof.
Again just my 50 cents
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
@VanHalen said:
The header on the column where we're reading the 49,996 is called "adjusted net demand."
The 49,996 number is not the mintage or the sales it's the adjusted net demand.
Which is literally net sales to date. What else do you think it could mean?
If they intentionally held back 25K, or did not make them but intended to in the future, they would go to Back Order and they would have continued to accept orders.
So something else is going on. My vote is still that someone is missing something at Mint, and 25K sales is not making it into the report.
Because, again, it would make no sense to construct a lottery to gin up demand to allow for a sell out of a 75K maximum mintage, and then refuse to sell that many. Even on a Back Order basis, if there was a production or packaging issue that prevent the fulfillment of orders for 75K right here and now.
That is precisely what they have used Back Order for in the past. To just not make 25K for no reason at all, and not sell 25K ounces of silver at a $70 premium to the market price of the planchet, would make absolutely no sense, so I just can't get my mind to go there.
So I keep going back to a mistake in the report. Hopefully Coin World will do some digging and get us an answer sooner rather than later, one way or the other.
That's the long way of saying that you aren't ready to admit that they might have only minted 50,000.
It is much more probable that they misplaced exactly 25k. 😵💫
Yup. If true, that would be really inconceivable to me. But the round number does indeed raise the possibility.
@VanHalen said:
The header on the column where we're reading the 49,996 is called "adjusted net demand."
The 49,996 number is not the mintage or the sales it's the adjusted net demand.
Which is literally net sales to date. What else do you think it could mean?
If they intentionally held back 25K, or did not make them but intended to in the future, they would go to Back Order and they would have continued to accept orders.
So something else is going on. My vote is still that someone is missing something at Mint, and 25K sales is not making it into the report.
Because, again, it would make no sense to construct a lottery to gin up demand to allow for a sell out of a 75K maximum mintage, and then refuse to sell that many. Even on a Back Order basis, if there was a production or packaging issue that prevent the fulfillment of orders for 75K right here and now.
That is precisely what they have used Back Order for in the past. To just not make 25K for no reason at all, and not sell 25K ounces of silver at a $70 premium to the market price of the planchet, would make absolutely no sense, so I just can't get my mind to go there.
So I keep going back to a mistake in the report. Hopefully Coin World will do some digging and get us an answer sooner rather than later, one way or the other.
Basically agree. If they are available or will come available you keep taking orders.
Possibly a few big players bought the balance to try to maintain a margin. It's not a huge commitment.
I think I agree? 😀
Not sure what you mean by "try to maintain a margin." I would have bought 100 myself to get 2-3 privys guaranteed, and would have made a killing, even if I had to sell the balance at $70 each.
This is why I know they could have easily sold 75K, and were likely cleaned out by bulk buyers as soon as they were allowed to place orders. The only mystery is why this is not reflected in their sales report, two weeks after the on sale date.
I just cannot accept that they didn't want the sales, so didn't make them. Since they are not on Back Order, it's pretty clear they will not be making them now, one way or the other.
@coiner said:
I bet they will have some for Sale in Baltimore in two weeks
And I bet they won't. Not unless they are available, in quantity, on the web.
Which will never happen, unless they actually announce that they are dumping another 25K without privys on the market. In which case no one will want them. No one. Not even you, because there will no flip in them. None.
I have no idea if there are any missing medals or not, but if there are, couldn't there also be missing privies? Is there any proof that 1794 privies have been released and accounted for?
@coiner said:
I bet they will have some for Sale in Baltimore in two weeks
And I bet they won't. Not unless they are available, in quantity, on the web.
Which will never happen, unless they actually announce that they are dumping another 25K without privys on the market. In which case no one will want them. No one. Not even you, because there will no flip in them. None.
Not true, think plenty of folks would want 1 at $104 since they are super nice and commemorate the 1794 coin. Not everyone is a flipper.
@coiner said:
I bet they will have some for Sale in Baltimore in two weeks
And I bet they won't. Not unless they are available, in quantity, on the web.
Which will never happen, unless they actually announce that they are dumping another 25K without privys on the market. In which case no one will want them. No one. Not even you, because there will no flip in them. None.
Not true, think plenty of folks would want 1 at $104 since they are super nice and commemorate the 1794 coin. Not everyone is a flipper.
Maybe. But $104 is a lot of money for a nice ounce of silver. Which is why the Mint decided to seed to pool with privys to move 75K of them at that price. Take the privys out, and I think it's a tough sell, flipper or not.
If 75K really have not been sold, having the Mint release another 25K without privys would cause screams and howls, as opposed to a crashing of the website.
@M4Madness said:
I have no idea if there are any missing medals or not, but if there are, couldn't there also be missing privies? Is there any proof that 1794 privies have been released and accounted for?
That is part of the argument that they did indeed mint the limit
If there are privys not struck then they are falsely advertising 1794. If the 1794 are struck but the max is 50,000, then the big buyers got a larger proportion of privys then at a 75000 max.
That would not lead to future confidence of obtaining lottery type privys by single buyers.
@coiner said:
I bet they will have some for Sale in Baltimore in two weeks
And I bet they won't. Not unless they are available, in quantity, on the web.
Which will never happen, unless they actually announce that they are dumping another 25K without privys on the market. In which case no one will want them. No one. Not even you, because there will no flip in them. None.
@coiner said:
I bet they will have some for Sale in Baltimore in two weeks
And I bet they won't. Not unless they are available, in quantity, on the web.
Which will never happen, unless they actually announce that they are dumping another 25K without privys on the market. In which case no one will want them. No one. Not even you, because there will no flip in them. None.
You say that now, because they are going for more on eBay. How many other over priced silver rounds have you picked up from the Mint over the past few years that did not immediately sell out?
If the answer is none, you can say what you want, but I'll go with actions speaking louder than words with respect to pretty silver discs that are available from the source in quantity being sold at 3x spot.
How many gold coins are you planning on "gladly buying" in two weeks if they don't sell out? Same delightful design, a coin rather merely a medal, and available at a far lower percentage premium to intrinsic value.
With a far lower mintage to boot. You should be all worked up over it, if you would "gladly buy" another silver medal at $104 should another 25K suddenly become available at that price, without privys.
@coiner said:
I bet they will have some for Sale in Baltimore in two weeks
And I bet they won't. Not unless they are available, in quantity, on the web.
Which will never happen, unless they actually announce that they are dumping another 25K without privys on the market. In which case no one will want them. No one. Not even you, because there will no flip in them. None.
You say that now, because they are going for more on eBay. How many other over priced silver rounds have you picked up from the Mint over the past few years that did not immediately sell out?
But he bought the one that he purchased before it sold out (obviously), so he has already done that.
If the mint had a fresh supply (not returns) then I'd buy one. I was on the fence the first time around, but after seeing all the in-hand photos I'd probably pull the trigger if there was a second round.
@coiner said:
I bet they will have some for Sale in Baltimore in two weeks
And I bet they won't. Not unless they are available, in quantity, on the web.
Which will never happen, unless they actually announce that they are dumping another 25K without privys on the market. In which case no one will want them. No one. Not even you, because there will no flip in them. None.
You say that now, because they are going for more on eBay. How many other over priced silver rounds have you picked up from the Mint over the past few years that did not immediately sell out?
But he bought the one that he purchased before it sold out (obviously), so he has already done that.
If the mint had a fresh supply (not returns) then I'd buy one. I was on the fence the first time around, but after seeing all the in-hand photos I'd probably pull the trigger if there was a second round.
No. Before it sold out, everyone was playing the lottery. No lottery this time around, if, in fact, 25K are sitting around unsold. Because you can be sure the dealers already got their hands on those privys. No way the Mint "forgot" to send those out.
If there were actually another 25K with privys, with no HHLs, it would be total chaos. Never gonna happen. Never. Everything they have up to this point was designed to avoid just that. Which is why I am 99.9% sure the 25K are gone, and are just not appearing in the report.
The only reason I am allowing for the 0.1% chance they are not is due to the mysteriously round number. But nothing about those 25K not being sold and gone makes sense, so I still can't get there.
I'm sorry you missed the lottery, because that's certainly what drove the fast sell out. The fact that you would have bought one without a privy at $104, and just missed it sucks, but hold one.
They were over priced at $104 and are certainly over priced at $200. You'll have a chance to get one a lot lower than current pricing once the mystery regarding the 25K is resolved. Unless, of course, they actually were never made and never will be made.
My guess is that's why dealers are not flooding the market without knowing whether the final mintage is going to be 50K or 75K. If I was in their shoes, right now, I'd do exactly the same thing. But they are destined to go much lower once it is confirmed that 75K are out and about. And then we'll see how much people actually want them at $104+.
Comments
No update so far this morning.
.
.
.
@jmlanzaf
Thanks, I did not realize it was an automatic HHL lifting after the first day
Martin
It's not 100% automatic. Certain issues never get it lifted. However, those are the exceptions not the rule.
Would you like that well done?
They've now added the ABPP sales to the Mint site sales for a grand total of 49,996. Gee...where are those other 25,000????
I said it earlier in this thread:
“They fell off the truck!”
Watch for a large offering at below market prices. 😂😂
Tonight, the Mint updates its website. Will be interesting to see if anything to do with the Flowing Hair gold and silver issues gets updated.
More info on the gold auctions would be nice as well as a real photo of the proof finish since some might be getting closer to advanced production.
My US Mint Commemorative Medal Set
Yeah, but I wouldn't count on that until after they go on sale. Likely after their anticipated sell out.
Which will surely take some air out of their announcement and auction if they don't sell out.
First and last coins off the press for a decades long running series is one thing. Doing something like this for a random, one-off issue, something else entirely.
I have no doubt people will chase it. But I do wonder how hard, if they end up not selling 17,500 at $3,700+. Who then is going to care about the 50th coin off the press?
The auction is a savvy move from a marketing perspective.
Curious if new website will allow viewing remaining stock.
As I have said many times in the past. "The Mint is like a box of Chocolates"
The big dog is in the ~65,000,000 in the next release of GOLD Flowing Hair Coins.
The paltry offering of 50,000 silver medals only generated 5,200,000.
You bet your a&& they will have some gimmick to sell through 65 mil worth of gold coins........
Pop Report as of October 29, 2024.
491 new non-privy medals graded.
39% graded MS69 First Strike.....big improvement over earlier reports.
6 new privy medals graded.
can't guess what would happen if they tried to sell the last 25,000
if they don't have privy and signed coa, non-privy-ies will be a blood bath in the secondary market
You can see it now if you pull up code for the page in your browser. It isn't terribly helpful, however, in knowing how many were actually minted. For example, right now it would be showing zero whether they minted 50,000 or 75,000 because there are none available for sale.
How exactly can you view that information?
View page source -- Find... "available"
Obviously can be seen now. Everyone looks at it. New website could be new code.
Not tried on new site but this is it:
On product page right click and select page source. Then hit Ctrl and F
That opens a box to search the code. Type in stocklevel and wirhin code a orange box will appear highlighting key word. Number that follows is what remains allowed to be ordered.
????
If it was obvious, why did you ask?
You are not the brightest person. Let me take you on a short walk through this.
Your comment was obvious… not my question. Moot point now that new site is up.
Lmao. He who resorts to ad hominem attacks loses the exchange.
I tried to provide you a way to see the available inventory because it was not obvious that everyone knows it can be seen. See the comments following mine. Not everyone knows you can see the number in the code.
Your apology is accepted.
Again… you are not the brightest . It is what it is and a sad illustration of education system failing.
Try to focus on quality posts vs quantity.
Stocklevel not working on the few tried this morning with new site
'availablecount' also seems dead.
The key new statement, "We are currently out of this item, but it may be restocked later."
My US Mint Commemorative Medal Set
That's just the new website wording, means nothing new.
More insults. I'm not sure insults count as quality. I believe in you. You can do better.
The header on the column where we're reading the 49,996 is called "adjusted net demand."
The 49,996 number is not the mintage or the sales it's the adjusted net demand.
Which is literally net sales to date. What else do you think it could mean?
If they intentionally held back 25K, or did not make them but intended to in the future, they would go to Back Order and they would have continued to accept orders.
So something else is going on. My vote is still that someone is missing something at Mint, and 25K sales is not making it into the report.
Because, again, it would make no sense to construct a lottery to gin up demand to allow for a sell out of a 75K maximum mintage, and then refuse to sell that many. Even on a Back Order basis, if there was a production or packaging issue that prevent the fulfillment of orders for 75K right here and now.
That is precisely what they have used Back Order for in the past. To just not make 25K for no reason at all, and not sell 25K ounces of silver at a $70 premium to the market price of the planchet, would make absolutely no sense, so I just can't get my mind to go there.
So I keep going back to a mistake in the report. Hopefully Coin World will do some digging and get us an answer sooner rather than later, one way or the other.
That's the long way of saying that you aren't ready to admit that they might have only minted 50,000.
It is much more probable that they misplaced exactly 25k. 😵💫
Basically agree. If they are available or will come available you keep taking orders.
Possibly a few big players bought the balance to try to maintain a margin. It's not a huge commitment.
My 50 cents:
They were not sold and are not in inventory because they fell off the truck on the way to the distribution center before the on sale date. They are covering it up so the big boys can buy up as much as they can for a lower price before everyone finds out there will only be 50,000 total. As it will be hard for the thieves to sell them without getting caught they will probably be melted down to sell as silver bars. If this comes to be, expect prices to go thru the roof.
Again just my 50 cents
Adjusted Net Demand = Dependent Demand + Target Stock - Stock On-Hand.
It'll all shake out over the next few weeks.
Yup. If true, that would be really inconceivable to me. But the round number does indeed raise the possibility.
I think I agree? 😀
Not sure what you mean by "try to maintain a margin." I would have bought 100 myself to get 2-3 privys guaranteed, and would have made a killing, even if I had to sell the balance at $70 each.
This is why I know they could have easily sold 75K, and were likely cleaned out by bulk buyers as soon as they were allowed to place orders. The only mystery is why this is not reflected in their sales report, two weeks after the on sale date.
I just cannot accept that they didn't want the sales, so didn't make them. Since they are not on Back Order, it's pretty clear they will not be making them now, one way or the other.
I bet they will have some for Sale in Baltimore in two weeks
And I bet they won't. Not unless they are available, in quantity, on the web.
Which will never happen, unless they actually announce that they are dumping another 25K without privys on the market. In which case no one will want them. No one. Not even you, because there will no flip in them. None.
I have no idea if there are any missing medals or not, but if there are, couldn't there also be missing privies? Is there any proof that 1794 privies have been released and accounted for?
My Carson City Morgan Registry Set
Not true, think plenty of folks would want 1 at $104 since they are super nice and commemorate the 1794 coin. Not everyone is a flipper.
Maybe. But $104 is a lot of money for a nice ounce of silver. Which is why the Mint decided to seed to pool with privys to move 75K of them at that price. Take the privys out, and I think it's a tough sell, flipper or not.
If 75K really have not been sold, having the Mint release another 25K without privys would cause screams and howls, as opposed to a crashing of the website.
That is part of the argument that they did indeed mint the limit
If there are privys not struck then they are falsely advertising 1794. If the 1794 are struck but the max is 50,000, then the big buyers got a larger proportion of privys then at a 75000 max.
That would not lead to future confidence of obtaining lottery type privys by single buyers.
Wrong again. I’d gladly buy another at $104.
You say that now, because they are going for more on eBay. How many other over priced silver rounds have you picked up from the Mint over the past few years that did not immediately sell out?
If the answer is none, you can say what you want, but I'll go with actions speaking louder than words with respect to pretty silver discs that are available from the source in quantity being sold at 3x spot.
How many gold coins are you planning on "gladly buying" in two weeks if they don't sell out? Same delightful design, a coin rather merely a medal, and available at a far lower percentage premium to intrinsic value.
With a far lower mintage to boot. You should be all worked up over it, if you would "gladly buy" another silver medal at $104 should another 25K suddenly become available at that price, without privys.
This is what I see:
But he bought the one that he purchased before it sold out (obviously), so he has already done that.
If the mint had a fresh supply (not returns) then I'd buy one. I was on the fence the first time around, but after seeing all the in-hand photos I'd probably pull the trigger if there was a second round.
No. Before it sold out, everyone was playing the lottery. No lottery this time around, if, in fact, 25K are sitting around unsold. Because you can be sure the dealers already got their hands on those privys. No way the Mint "forgot" to send those out.
If there were actually another 25K with privys, with no HHLs, it would be total chaos. Never gonna happen. Never. Everything they have up to this point was designed to avoid just that. Which is why I am 99.9% sure the 25K are gone, and are just not appearing in the report.
The only reason I am allowing for the 0.1% chance they are not is due to the mysteriously round number. But nothing about those 25K not being sold and gone makes sense, so I still can't get there.
I'm sorry you missed the lottery, because that's certainly what drove the fast sell out. The fact that you would have bought one without a privy at $104, and just missed it sucks, but hold one.
They were over priced at $104 and are certainly over priced at $200. You'll have a chance to get one a lot lower than current pricing once the mystery regarding the 25K is resolved. Unless, of course, they actually were never made and never will be made.
My guess is that's why dealers are not flooding the market without knowing whether the final mintage is going to be 50K or 75K. If I was in their shoes, right now, I'd do exactly the same thing. But they are destined to go much lower once it is confirmed that 75K are out and about. And then we'll see how much people actually want them at $104+.
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