New Buffalo Nickels
Kdennison
Posts: 70 ✭✭✭
I have been reading the new buff posts and the more I sit here the angrier I get...and it's not at the mint.
I ordered at noon, and went through the same bulls--t that everyone else went through, but I got my rolls. I ordered 5 for the record. I am going to put them away and just leave them. My kids will get one set each and my dad will get one as well.
What gets me angry are the pigs that order massive amounts. Pigs at the trough. They are going to shut out the guy who just wants a set to give to a kid, or to keep because they're nice to have. What is someone going to honestly do with 30, 40, 50, even 100 rolls of the Buffs? These aren't the exilir of life and they're not going to be serious investment pieces.
These people are going to open them and look for rarities (thereby destroying the rolls and the novelty of the product), or they're going to put them on ebay. Eitherway these sets will be denied to the guys and gals who don't want to order ridiculous quantities. We've lost our way...it seems that some have forgotten the joy of finding that new or awesome coin in the change from the QuickCheck, A&P or Winn-Dixie (for our friends from the South).
And when they arrive at banks these same people are going to get as many rolls from the tellers as they possibly can...and then they won't end up in circulation in the quantities that would make it easy for people to find them in their change. People who really want them will have to go to a coin shop or coin show to buy their 2005 nickels at a ridiculous mark up.
So, step back from this situation and ask yourself how much do you really need those 100 rolls of Buffs? Unless you're like the Saudi royal family and have many many children to give them to, you should not have purchased that many rolls.
That's my 5 cents on the whole matter. Now I am sure that the verbal beatings will begin. But before your crucify me, remember that I have the right to my opinion, so don't tell me to shut up.
I ordered at noon, and went through the same bulls--t that everyone else went through, but I got my rolls. I ordered 5 for the record. I am going to put them away and just leave them. My kids will get one set each and my dad will get one as well.
What gets me angry are the pigs that order massive amounts. Pigs at the trough. They are going to shut out the guy who just wants a set to give to a kid, or to keep because they're nice to have. What is someone going to honestly do with 30, 40, 50, even 100 rolls of the Buffs? These aren't the exilir of life and they're not going to be serious investment pieces.
These people are going to open them and look for rarities (thereby destroying the rolls and the novelty of the product), or they're going to put them on ebay. Eitherway these sets will be denied to the guys and gals who don't want to order ridiculous quantities. We've lost our way...it seems that some have forgotten the joy of finding that new or awesome coin in the change from the QuickCheck, A&P or Winn-Dixie (for our friends from the South).
And when they arrive at banks these same people are going to get as many rolls from the tellers as they possibly can...and then they won't end up in circulation in the quantities that would make it easy for people to find them in their change. People who really want them will have to go to a coin shop or coin show to buy their 2005 nickels at a ridiculous mark up.
So, step back from this situation and ask yourself how much do you really need those 100 rolls of Buffs? Unless you're like the Saudi royal family and have many many children to give them to, you should not have purchased that many rolls.
That's my 5 cents on the whole matter. Now I am sure that the verbal beatings will begin. But before your crucify me, remember that I have the right to my opinion, so don't tell me to shut up.
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Comments
The point is not to get people angry, it's more about being considerate. I should have put that in the original message, but that's all I am trying to say.
If anything, they're going to make more of these.
So just chill.
--Severian the Lame
Here is a link to the US mint production figures.
US mint
Over 700,000 of the nickels (each) last year.
Amazing the amount produced. I see very few here in MA. I might see about 15 per week and I work as a cashier 20 hours.
Rookie Joe
<< <i>What gets me angry are the pigs that order massive amounts. Pigs at the trough. They are going to shut out the guy who just wants a set to give to a kid, or to keep because they're nice to have. What is someone going to honestly do with 30, 40, 50, even 100 rolls of the Buffs? These aren't the exilir of life and they're not going to be serious investment pieces. >>
Dealer's order in mass numbers all of the time and usually sell for the most rediculus mark-ups. I am not a dealer but I can tell you why I ordered so many. In all honesty I want it for the profit. It's not because I am greedy. I simply need to do everything in my power to pay for college. It isn't cheap you know. Loans are not a great way to start off in life. If I can do anything to turn a small profit (with the exception of bad things like drugs or scams) I will give it a shot.
I admit it is nice for kids to find new nickels and it is beneficial to the hobby. I hope many do find their way into the hands of kids.
Even with extreme mass hording we collectors can only manage at most about 10% of the amount of minted nickels. Out of about 700 million thats 70 million which is a hell of a lot to manage. There aren't that many of us and not everyone likes nickels. That still leaves 90%. 90% is quite a lot. I feel that it was quite harsh to call people pigs without knowing their intentions.
Aerospace Structures Engineer
And I do know how much college does cost...I've got loans until 2014, so I feel your pain.
Take care,
Keith
<< <i>
Well they say that you should wait for the anger to die down before you speak. So I agree with F117ASR that pigs is too harsh. I take that back, but I still stand behind the consideration principle. Next time I'll simmer down before I committ myself to writing. >>
I understand. No problem
Aerospace Structures Engineer