This is good info and originally assumed the 6293 was in regards to pure.
The xx93 quantity is interesting.
8000 -230 Privy would be 7770 and allow for 10% bulk buyers is 7770 x .9 leaves 6993 available to website and mint in person such as Baltimore. Pull 700 from that is 6293.
Any number ending 000 kicks out same 93 using formula pulling out 230 Privy and then 10% set aside for bulk buyers. Run formula off 17,500 and does not end in x93 and actually leaves 15,543 available through site and in person sales.
Anyone made a purchase today or yesterday with order number to see if the lowest reported 219xx can add on 15k?
The 6293 is more inline with order range for Thursdays 4 min window.
Where do you fined the stock report, I've tried stocklevel and nothing comes up.
@Goldbully said:
One nice touch from the Whitman Expo folks, all attendees received a Red Book......can't complain.
That book is over 450 pages now
A few more misc. shots.........
I just noticed from your COA pics these G$1 are struck to the exact diameter of U.S. Half Dollars. Of course that includes the 3/4 troy ounce JFK gold 50th anniversary proofs struck in 2014. All are 30.61 mm in diameter.
How do u know? Also unavailable in less than 10 seconds LOL
I don't think he does know. He claimed 112 yesterday but when we all posted order numbers mine was at least 400 higher than than one of the posted order numbers. So of course the mint could have sold other products during this time frame, but...
How do u know? Also unavailable in less than 10 seconds LOL
I don't think he does know. He claimed 112 yesterday but when we all posted order numbers mine was at least 400 higher than than one of the posted order numbers. So of course the mint could have sold other products during this time frame, but...
You can't go off order numbers. End of October I had two back-to-back orders of the silver flowing hair during a restock and the order numbers were different by 501. The final two digits were sequential, but the third to last digit jumped by 5. There were not 500 coins released that morning.
Saw the same thing happen yesterday. Two nearly simultaneous orders separated by 454. This in no way indicates the qty that was available.
You will never know the total sold out the back door to big boys. They are on a Mandate to cut costs and maximize profits. They do not care about the little guys any more. They will maximize their interests with a select few big boys.🤑🤑🤑🤑
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
Hey just curious, how hyped is this release compared to other releases in the past. I know the privy ASE was pretty hyped, but what are the comparably hyped releases as of recent (past 20 years or so)?
@patem said:
Hey just curious, how hyped is this release compared to other releases in the past. I know the privy ASE was pretty hyped, but what are the comparably hyped releases as of recent (past 20 years or so)?
Some dealers at Baltimore that are otherwise smalltime had 4, 6 8 and more specimens.....Nice coin, smaller than I thought but all over the place Not sure how they will hold values, esp in 69...
Love that Milled British (1830-1960) Well, just Love coins, period.
@7Jaguars said:
Some dealers at Baltimore that are otherwise smalltime had 4, 6 8 and more specimens.....Nice coin, smaller than I thought but all over the place Not sure how they will hold values, esp in 69...
Last time they did a release at Baltimore, every dealer had multiple people in line buying for them.
To be conservative, I use the first strike category to get a feel for what to expect. There are not many yet, but more than half of those sent in were 69's. The smallest tiny thing will be seen by the graders.
@Goldbully said: PCGS Pop Report 2024 $1 Flowing Hair High Relief Au 230th Anniversary as of November 15, 2024
Non-Privy - 11.5% are graded PR69DCAM
Privy - 19.6% are graded PR69DCAM
Wouldn't you think the Privy strikes would be virtually flawless??
edited to add: Non-Privy - 53.6% are graded PR69DCAM First Strike(Way too early to make a determination))
I wondered if coin 1 of 230 were to be a 69 if people on site would look the other way and swapped for a 70. No way the mint would designate first struck as a 69
@Liquidated said:
What is up with the Regan Legacy label?
Marketing. The man's been out of office for 36 years and dead for 20. But he did sign the modern eagle program into law. Which rekindled interest in coins in my opinion.
Throw a coin enough times, and suppose one day it lands on its edge.
Twas available this morning. Any Sunday Morning Warriors get one?? I was able to catch one, throw it in my bag...good ol' catch n' release. I think it was up for around 10-15 seconds. So perhaps today may be the last easy day to catch one from this fishing hole...
Quick question:
On the “mini-releases” such as this morning, do you just stare at the computer screen and availability is notified or do you repeatedly refresh the site?
Love that Milled British (1830-1960) Well, just Love coins, period.
@7Jaguars said:
Quick question:
On the “mini-releases” such as this morning, do you just stare at the computer screen and availability is notified or do you repeatedly refresh the site?
Refresh. Make sure you are signed in and your payment information is current
As soon as 7:30 hits on your smart phone start refreshing.
@7Jaguars said:
Quick question:
On the “mini-releases” such as this morning, do you just stare at the computer screen and availability is notified or do you repeatedly refresh the site?
Maybe a profit of $350 with all the eBay PayPal fees. Not to mention registered insured another $75-$90. Margins are slim if I am correct so more in-line what dealers are offering.
I was unimpressed with the gold when it arrived relative to the size of the silver. @Pompeii
I believe gold has double the density mass of silver so it would never be the same size for the 1 oz. Also assuming the gold has a thicker rim for the lettering. Can you photo the 2 coins on their side to show the rim difference.
@pf70collector said:
Maybe a profit of $350 with all the eBay PayPal fees. Not to mention registered insured another $75-$90. Margins are slim if I am correct so more in-line what dealers are offering.
pf70collector, I agree with you calculations. I calculated about the same net at a fleabay selling price of $4500 for an uncertified 'raw' Gold flowing hair. Getting a slab takes time and has a cost- and risk if it is 'lost in the mail'. Also some flebay sellers end up paying tax to the feds for cumulative sales over $5K.
Time is of the essence with these flips while the 'iron is hot'.
Right now the hot item buzz is the pre-sale privy Gold piece.
Anyway, for those that have a vehicle and/or allied selling venue for selling coins that may expedite and economize on expenses, more power to ya!!
@pf70collector said:
Maybe a profit of $350 with all the eBay PayPal fees. Not to mention registered insured another $75-$90. Margins are slim if I am correct so more in-line what dealers are offering.
pf70collector, I agree with you calculations. I calculated about the same net at a fleabay selling price of $4500 for an uncertified 'raw' Gold flowing hair. Getting a slab takes time and has a cost- and risk if it is 'lost in the mail'. Also some flebay sellers end up paying tax to the feds for cumulative sales over $5K.
Time is of the essence with these flips while the 'iron is hot'.
Right now the hot item buzz is the pre-sale privy Gold piece.
Anyway, for those that have a vehicle and/or allied selling venue for selling coins that may expedite and economize on expenses, more power to ya!!
A little more profit than you guys are quoting. With an ebay store the FVF drops considerably with expensive items - your talking about fees in the range of 5.0% so a FV fee of around $235. Shipping is expensive fully insured probably $60 USPS Registered brings you right around $300 fees + shipping.
$4,700 sale nets you $4,400 - $3,640 cost = $760.00 profit or ~21%.
@pf70collector said:
Maybe a profit of $350 with all the eBay PayPal fees. Not to mention registered insured another $75-$90. Margins are slim if I am correct so more in-line what dealers are offering.
pf70collector, I agree with you calculations. I calculated about the same net at a fleabay selling price of $4500 for an uncertified 'raw' Gold flowing hair. Getting a slab takes time and has a cost- and risk if it is 'lost in the mail'. Also some flebay sellers end up paying tax to the feds for cumulative sales over $5K.
Time is of the essence with these flips while the 'iron is hot'.
Right now the hot item buzz is the pre-sale privy Gold piece.
Anyway, for those that have a vehicle and/or allied selling venue for selling coins that may expedite and economize on expenses, more power to ya!!
You don't pay taxes on "cumulative sales". You pay tax on gains. If you pay $1 for a coin and sell it for $2. You owe taxes on the $1 profit.
@pf70collector said:
Maybe a profit of $350 with all the eBay PayPal fees. Not to mention registered insured another $75-$90. Margins are slim if I am correct so more in-line what dealers are offering.
pf70collector, I agree with you calculations. I calculated about the same net at a fleabay selling price of $4500 for an uncertified 'raw' Gold flowing hair. Getting a slab takes time and has a cost- and risk if it is 'lost in the mail'. Also some flebay sellers end up paying tax to the feds for cumulative sales over $5K.
Time is of the essence with these flips while the 'iron is hot'.
Right now the hot item buzz is the pre-sale privy Gold piece.
Anyway, for those that have a vehicle and/or allied selling venue for selling coins that may expedite and economize on expenses, more power to ya!!
A little more profit than you guys are quoting. With an ebay store the FVF drops considerably with expensive items - your talking about fees in the range of 5.0% so a FV fee of around $235. Shipping is expensive fully insured probably $60 USPS Registered brings you right around $300 fees + shipping.
$4,700 sale nets you $4,400 - $3,640 cost = $760.00 profit or ~21%.
Calculated using my costs I think I could net $800. Not bad.
What I'm surprised about is that the raw price of $4700 is not that much lower than the PR70 pricing which when I looked a few days ago was about $5000. I would have expected a bit more premium.
Comments
Where do you fined the stock report, I've tried stocklevel and nothing comes up.
Your order number yesterday off 219xx would be around 10k.
This is not close to adding up to the executed 17,500 reported by Coin World.
My order early this morning was 149331xx so 11,200 more, but as already stated above, that number is really not all that meaningful.
My US Mint Commemorative Medal Set
I just noticed from your COA pics these G$1 are struck to the exact diameter of U.S. Half Dollars. Of course that includes the 3/4 troy ounce JFK gold 50th anniversary proofs struck in 2014. All are 30.61 mm in diameter.
Current Bid: $70,000
Your 331xx is at 10k above my 232xx at 12:01 day of sale. But yeah 11,200 off lowest.
Still, a lot seems to indicate 7,500+ were sold somewhere other than the Mint's website.
My US Mint Commemorative Medal Set
It means they sold 11,000 proof and Mint sets. Lol
Will be interesting if Coin World is correct about the 17,500 produced
I don't think he does know. He claimed 112 yesterday but when we all posted order numbers mine was at least 400 higher than than one of the posted order numbers. So of course the mint could have sold other products during this time frame, but...
Coin World is going out of business! They cannot afford to print their magazines for months now!
You can't go off order numbers. End of October I had two back-to-back orders of the silver flowing hair during a restock and the order numbers were different by 501. The final two digits were sequential, but the third to last digit jumped by 5. There were not 500 coins released that morning.
Saw the same thing happen yesterday. Two nearly simultaneous orders separated by 454. This in no way indicates the qty that was available.
You will never know the total sold out the back door to big boys. They are on a Mandate to cut costs and maximize profits. They do not care about the little guys any more. They will maximize their interests with a select few big boys.🤑🤑🤑🤑
Son of a Silver Stacker used my pics from this thread in his YouTube Mint report about the Gold FH $1.
Go to 1:37 mark.
Also, check out all the comments....there are quite a few.
Screenshot
Hey just curious, how hyped is this release compared to other releases in the past. I know the privy ASE was pretty hyped, but what are the comparably hyped releases as of recent (past 20 years or so)?
Normal
Some dealers at Baltimore that are otherwise smalltime had 4, 6 8 and more specimens.....Nice coin, smaller than I thought but all over the place Not sure how they will hold values, esp in 69...
Well, just Love coins, period.
Last time they did a release at Baltimore, every dealer had multiple people in line buying for them.
I was behind at least 6-8 dealers on Thursday that had one to three people each with them.
My feeling is that this one will track better (no worse) long term than the High Relief Gold Bucking Horse - this design is much nicer.
PCGS Pop Report 2024 $1 Flowing Hair High Relief Au 230th Anniversary as of November 15, 2024
Non-Privy - 11.5% are graded PR69DCAM
Privy - 19.6% are graded PR69DCAM
Wouldn't you think the Privy strikes would be virtually flawless??
edited to add: Non-Privy - 53.6% are graded PR69DCAM First Strike(Way too early to make a determination))
i expect the entire release would be flawless
Meaningless numbers. The privies were all graded, no exceptions. The non-privy can be submitted 70 only.
To be conservative, I use the first strike category to get a feel for what to expect. There are not many yet, but more than half of those sent in were 69's. The smallest tiny thing will be seen by the graders.
My US Mint Commemorative Medal Set
What is up with the Regan Legacy label?
That's a lot of the current population.
I wondered if coin 1 of 230 were to be a 69 if people on site would look the other way and swapped for a 70. No way the mint would designate first struck as a 69
As of right now........why is #5 ahead of #4?
edited to add: 45 minutes later tonight.
Marketing. The man's been out of office for 36 years and dead for 20. But he did sign the modern eagle program into law. Which rekindled interest in coins in my opinion.
Throw a coin enough times, and suppose one day it lands on its edge.
Mark Twain — ‘in order to make a man or boy covet a thing, it is only necessary to make the thing difficult to attain.’
Even slapping a tiny privy mark on a modern coin and limiting the mintage is all it takes to make it desired.
I was unimpressed with the gold when it arrived relative to the size of the silver.
Awesome Image ! Love seeing this real life side by side size comparison.
I was able to snag one this morning!
Twas available this morning. Any Sunday Morning Warriors get one?? I was able to catch one, throw it in my bag...good ol' catch n' release. I think it was up for around 10-15 seconds. So perhaps today may be the last easy day to catch one from this fishing hole...
You would need almost another ounce of gold to get the coins close in diameter.
Not to mention the high relief gold coin needs to be a bit thicker.
Quick question:
On the “mini-releases” such as this morning, do you just stare at the computer screen and availability is notified or do you repeatedly refresh the site?
Well, just Love coins, period.
Refresh. Make sure you are signed in and your payment information is current
Reminds me of a return I got on a kilo coin. Reason: it's small for a kilo.
Lmao.
Apparently he would have preferred a giant foil thin kilo.
As soon as 7:30 hits on your smart phone start refreshing.
Might be asking that much but these are the most recent sold today.
Maybe a profit of $350 with all the eBay PayPal fees. Not to mention registered insured another $75-$90. Margins are slim if I am correct so more in-line what dealers are offering.
Box of 20
Good observation on relative sizes. These modern Flowing Hair renditions are identical in weight and gold is far more dense of course.
I was unimpressed with the gold when it arrived relative to the size of the silver.
@Pompeii
I believe gold has double the density mass of silver so it would never be the same size for the 1 oz. Also assuming the gold has a thicker rim for the lettering. Can you photo the 2 coins on their side to show the rim difference.
pf70collector, I agree with you calculations. I calculated about the same net at a fleabay selling price of $4500 for an uncertified 'raw' Gold flowing hair. Getting a slab takes time and has a cost- and risk if it is 'lost in the mail'. Also some flebay sellers end up paying tax to the feds for cumulative sales over $5K.
Time is of the essence with these flips while the 'iron is hot'.
Right now the hot item buzz is the pre-sale privy Gold piece.
Anyway, for those that have a vehicle and/or allied selling venue for selling coins that may expedite and economize on expenses, more power to ya!!
91 today.
How did you find that amount, I used to use "data-available" and I've tried stocklevel neither of them works. Thanks
A little more profit than you guys are quoting. With an ebay store the FVF drops considerably with expensive items - your talking about fees in the range of 5.0% so a FV fee of around $235. Shipping is expensive fully insured probably $60 USPS Registered brings you right around $300 fees + shipping.
$4,700 sale nets you $4,400 - $3,640 cost = $760.00 profit or ~21%.
You don't pay taxes on "cumulative sales". You pay tax on gains. If you pay $1 for a coin and sell it for $2. You owe taxes on the $1 profit.
Don't bother. It's sketchy and questionable since he will not answer any questions about that.
Calculated using my costs I think I could net $800. Not bad.
What I'm surprised about is that the raw price of $4700 is not that much lower than the PR70 pricing which when I looked a few days ago was about $5000. I would have expected a bit more premium.
There are still ways to check on the site.