2005 Buffalo Nickel Avail. 4/29/05 !!!

aficionado

The site now has this date. I called about my order, she said 3/22 for me. She also said more and more orders are coming in that's why there is a delay. Looks like an early sellout to me.

pontiacinf

i doubt they will sell out, as there is no limit on the mintage...its an extremely popular coin..I just orderd mine yesturday

Manorcourtman

They will probably mint at least 500-750 million coins.....a short-term sellout.. yes. A long-term glut is coming imho. The demand will let up soon imho. The dealers are to blame for the delays as they are hoarding in the hopes of big profits in the short term, ie. 12-18 months. They have done a great job sucking them up so far I must admit!!

aficionado

FYI,

2004 Production:
January 2004 through December 2004

Looks like 700 million for each of the first two nickels.

Philadelphia Denver Total
Louisiana Purchase/Peace Medal 361,440,000 372,000,000 733,440,000
Keelboat 366,720,000 344,880,000 711,600,000
Total 728,160,000 716,880,000 1,445,040,000


And sorry, they can't make as many as they want. If you haven't heard, there is something called an Economy. You just can't print as much money as you want. These aren't beanie babies ya know.

bluedog

How does a sellout occur? For example, does the mint allocate a finite amount of coins for the Westward Journey sets, such as 50 million nickels, and ship the rest to Fed banks? Or do they keep feeding whichever beast yells the loudest until all nickels are gone. That is, if the demand is there (which it sure seems to be), could, say, 300 million nickels go into Westward Journey sets?

GAT

There is a limit to the production of Buffalos and that limit is time. At some point they must cease production and start on the ocean in sight coins.

Don't pay much attention to the estimated shipping date, my order has changed dates almost daily and now state Mar 14th. Ha Ha, Mar 14th is already passed.

19Lyds

I just checked my order and it says it is expected to ship on 3/14/2005. I wish they'd get their system straightened out!

aficionado

Mine says 3/14 also, but the lady said all those were 3/22. I wouldn't expect anything until next week.

As for the allocation, I think it's predetermined. I think they need to know what they are doing with these before they are made. Think about the wrapper, that has a buffalo on it, once those are gone, I would think that would be it. Of course they may have allocated more for the mint rolls, anticipating high demand OR they know dealers are a BIG part of their business, so they don't want to screw them and oversupply. Personally once I get mine the faster the sell out the better.

librtyhead

700 million? I didnt know there were that many of us out there!!!!!!!!!!

<< <i>If your women dont find you handsome she better find you handy.......Red Green >>

rb7557

I just checked my order and it says it is expected to ship on 3/14/2005. I wish they'd get their system straightened out!

My order used to say this, but now its: expected to ship on 4/29/05." I ordered these on 3/3/05. Made it a big order to get the overnight shipping. This is turning out to be a 2 month order First it was: "there is a problem processing your order," then: "your order is in process'" and now the order is split, everything arrived but the nickels I have never had anything take this long before.

stev32k

I just got an email from the mint saying my order shipped out yesterday. I placed the order at the end of February.

USAROK

I ordered mine on 3/4 and the expected ship date was 3/14 until today. Now it says 4/29. Ouch!

Schmitz7

I ordered mine, a $50 P and $50 D bag, on the first day they were offered around 2 PM and received both bags last week. I have looked through the coins and they range from MS62 to MS65. I did not find anything I would consider a MS66 in either bag. With the larger image of Jefferson, his face takes a lot of abuse (friction rub and nicks).

Thanks,
Tim

DNADave

700 million = 17.5 million 40 coin rolls.

With 300 million people in the US, thats about 1 roll for every 17 people.

Since Dealers and many collectors ordered more than 1 roll, I can see how a secondary market would be alive and well in the short term.
I ordered 11 sets which means 187 people will be out of luck.

AgMe

<< <i>700 million = 17.5 million 40 coin rolls.

With 300 million people in the US, thats about 1 roll for every 17 people.

Since Dealers and many collectors ordered more than 1 roll, I can see how a secondary market would be alive and well in the short term.
I ordered 11 sets which means 187 people will be out of luck. >>



Hello all,
This is one thing most plp don't think about, I personally have several hundred nickels, of which ~1/2 won't see daylight for 10+ years.

-g

TerrapinWill

I'm pretty sure the Mint Wrapped P& D rolls have a very finite limit. I would think that the Mint Wrapped Rolls represent a relatively low percentage of all nickels minted. Thoughts?

TerrapinWill

ttt

skompier

I just received the 2 sets I ordered on the release day, which were backordered until March 15th.

Steve

MajorDuty

What Will said. We're talking about the Mint selling out of their Mint wrapped rolls, right? They're not making seven hundred million of those. Cmon. They'll sell out relatively soon, and the prices will rival those of the Peace Symbol Mint wrapped rolls.

*sp*

SilverDollarMan

I was set to ship on 3/14 too. Now 4/29.....but what concerns me is "returns". Hope some of us don't end up w/ junk!