Given the following....what would a reasonable person deduce?
1. The mint reports "orders".
2. The mint changes it's reports of "orders" based upon returns and cancellations (this must be conceded, given the numbers sometimes move backwards).
3. The mint is under no mandate to report accurate numbers on a timely basis.
I propose the following:
The mint's report of "sales" can be be useful as a guide to the possible top mintage (given a couple of weeks to catch up). It can not be useful in setting a mintage number UNDER that reported number.
In other words, once a xxxx goes red, and then black, we all look at the reported sales number......
What we are seeing, after all is done in a couple of weeks....is the MAX for xxxx....
It won't increase from there.....witness the 08 w plats uncs...it has only decreased. Many other series that have closed out recently will soon be up against their "MAX" number...but the (lower) final number number will take a couple of years...or a FOI demand.
How much they decrease (all series of 2008 W) is the $64K question....
<< <i>Hundreds and Hundreds and Hundreds of cancellations of plat unc-w's
and yet
THE SALES REPORT STILL DOESNT REFLECT THEM......
hundreds if not a 1000 orders taken after backorder for the 1/4 uncs and 4 coins sets,
and yet
NO ONE RECEIVES ANY SUBSTANTIAL SHIPMENTS ON ANY OF THESE ORDERS FOR 7 WEEKS!!!!!
If all those coins were produced and sold.......
WHERE ARE THEY? >>
But we still don't know how many received substantial orders early on, we don't know everybody, and with small numbers to begin with, it doesn't take too many friends and buddies to pop the numbers...
The numbers early on - "pre backorder" or "at the point of backorder" are considered in the USM's sales and reported at that time -
for example - for 1/4 unc's the backorder number was 615 - 1 day prior to backorder point. Our opinion that no more than double that amount - another 615 coins would have been sold in one day.......given the abysmal sales up to that date (they went from high 400's in number to 615 in 3 days......~150 coins in three days, so on a Tuesday after that blistering 50 coins a day we should expect another 1500 coins sold..?
No. Absolutely not. Rediculous.
IMO, what happened is the vast majority of buyers came home the evening of the 22nd and saw that the coin had went backorder 10/22 about 5:00-5:30pm, and PILED IN. No stops by the USM, just take the ORDERS. In case of returns, there will be many waiting in line to suck any returns up........
The next week, the ORDERS taken report stated SALES at 2115 coins!
And by the way, this happened to tenths (to the tune of about 500 coins), to 4 coin sets and to a lesser extent the other options as well in the plat unc series.
So, in conclusion orders taken up to backorder point WE ASSUME WERE DELIVERED.
It's the 1,000+++ orders AFTER that point WHICH WERE NOT DELIVERED.
7 weeks later. Hundreds and Hundreds of cancelled orders still not reflected in the sales report. No substantial receipts of plat unc's (1/4's in this example) received since then.....save for a few single pieces from returns.
Several large orders placed by friends of mine the evening of the 22nd, the morning of the 23rd, the 24th as well. NEVER RECEIVED. The orders placed the 23rd and24th and beyond NOW CANCELLED.
My question still stands "WHERE ARE THE COINS?????"
Still waiting for intelligent, reasonable responses......(this excludes two forum members who apparently missed the party)
While you were sleeping, smart folks all over are holding on tight to the new king of kings
the 2008-w plat uncs......
it's unfortunate you wont be part of that winning team..... >>
Half and 7/8, thank you for the great entertainment.
7/8, all I can say is you must be sitting on a LOT of 2008-w unc plats to be pushing them so hard. I will not be surprised if you're right--or wrong, and am not bothered either way. BUT, my gut says the '08 proofs will fare better in the long run, so just beware that if you crown a new king prematurely, Cromwell might come roaring in with his renegade troops and pull a coup d'etat!
By any chance have you made a chart of the silver eagles? I'm wondering how the '08s stack up to previous years. I'll bet a lot of other people are curious about that, too! Thanks in advance!
<< <i>Yeah.................what a bummer. Almost a full 24 hours and no pop in price. So much for the buy and hold theory.
it's only natural to hope for/expect some secondary market response when a coin sells out with low numbers. >>
Yes but we forget the that the info we share on a minute by minute basis is far from general knowledge. Those who haunt these boards and especially this thread must realize if we learn of a sellout it will be days, weeks, or months before it becomes general knowledge.
To expect a bump in prices within 24 hours is a bit unrealistic.......................
Since my 2008-W Uncs will be pretty much worthless, I guess I should go ahead and dump them. Maybe I can get at least the spot price of platinum on ebay and still take the tax loss this year to offset some other gains.
Do ya'll know anyone that might need a few extra Uncs?
Surely, you didn't think that I was serious - did you?
Q: Are You Printing Money? Bernanke: Not Literally
While you were sleeping, smart folks all over are holding on tight to the new king of kings
the 2008-w plat uncs......
it's unfortunate you wont be part of that winning team.....
7over8, you forgot to say "IMO"
If sales figures are comprised of open orders instead of filled orders -- which you say is the case and I'm trying to verify-- a revision down should be coming. It's a theory that eventually will be proven or disproven by the facts. So far, nothing has changed and it doesn't even look close.
The smart folks who are holding on tight are doing so because the secondary market for the new king of kings sucks right now.
Surely, you didn't think that I was serious - did you?
lol, actually, I did!
I continue to think the 2008-ws will be okay regardless of if they beat 2006 or not. Mintages under 5,000, plus even if the numismatic market doesn't materialize in the short run, the bullion market could recover.
The numbers early on - "pre backorder" or "at the point of backorder" are considered in the USM's sales and reported at that time -
for example - for 1/4 unc's the backorder number was 615 - 1 day prior to backorder point. Our opinion that no more than double that amount - another 615 coins would have been sold in one day.......given the abysmal sales up to that date (they went from high 400's in number to 615 in 3 days......~150 coins in three days, so on a Tuesday after that blistering 50 coins a day we should expect another 1500 coins sold..?
No. Absolutely not. Rediculous.
IMO, what happened is the vast majority of buyers came home the evening of the 22nd and saw that the coin had went backorder 10/22 about 5:00-5:30pm, and PILED IN. No stops by the USM, just take the ORDERS. In case of returns, there will be many waiting in line to suck any returns up........
The next week, the ORDERS taken report stated SALES at 2115 coins!
And by the way, this happened to tenths (to the tune of about 500 coins), to 4 coin sets and to a lesser extent the other options as well in the plat unc series.
So, in conclusion orders taken up to backorder point WE ASSUME WERE DELIVERED.
It's the 1,000+++ orders AFTER that point WHICH WERE NOT DELIVERED.
7 weeks later. Hundreds and Hundreds of cancelled orders still not reflected in the sales report. No substantial receipts of plat unc's (1/4's in this example) received since then.....save for a few single pieces from returns.
Several large orders placed by friends of mine the evening of the 22nd, the morning of the 23rd, the 24th as well. NEVER RECEIVED. The orders placed the 23rd and24th and beyond NOW CANCELLED.
My question still stands "WHERE ARE THE COINS?????"
Still waiting for intelligent, reasonable responses......(this excludes two forum members who apparently missed the party) >>
They started back on sale on the 17th, there was a 6 day window of orders, I highly doubt only 150 were sold in 3 days. Just look at the poll of how many were ordered and how many were actually received by just by the guys here, Oh we didn't do one of those....
Surely, you didn't think that I was serious - did you?
lol, actually, I did!
I continue to think the 2008-ws will be okay regardless of if they beat 2006 or not. Mintages under 5,000, plus even if the numismatic market doesn't materialize in the short run, the bullion market could recover.
Man, I just have to sit back and marvel at the guys who "expect" to double their money in a week or two, and who really have such a short time horizon.
They'll be missing out on some of the lowest mintage coins in a century by selling way, way, way too early. They've had the benefit of some very sage advice and some very good market analysis in this thread, and yet - it goes into one ear, and out the other!!!
My opinion - if you don't buy platinum to hold onto for at least a little while then you really ought not to be buying it. Some investments just take awhile to mature.
Q: Are You Printing Money? Bernanke: Not Literally
If the 2008 w proof Platinums are so good, why are they being sold for only $2150 a set? Below Mint price, way below after fees. Just something else to think above this morning.
Maybe no one wants platinum.
Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent. San Diego, CA
<< <i>If the 2008 w proof Platinums are so good, why are they being sold for only $2150 a set? Below Mint price, way below after fees. Just something else to think above this morning.
Maybe no one wants platinum. >>
I wish I had backed up the truck for those Golden Buff Fractionals!!!!
<< <i>If the 2008 w proof Platinums are so good, why are they being sold for only $2150 a set? Below Mint price, way below after fees. Just something else to think above this morning.
Maybe no one wants platinum. >>
An excellent question. It's possible that the sellers don't realize that the latest numbers post sell-out look extremely good for the 08 proof plats. Note that acutions at this level sell in a couple of hours. The latest seller at this level does not even have them in hand and his auctions still sell very, very quickly at this price. If no one wants plats, why have the '04 done so well over the past few years?
See if I have this right. Top 10 non-error/variety U.S. moderns:
1. 2,577; 2006-W UNC $50 APE
2. 2,676; 2006-W UNC $25 APE
3. 3,068; 2006-W UNC $100 APE
4. 3,415; 2008-W UNC $50 APE
5. 3,544; 2006-W UNC $10 APE
6. 3,672; 2008-W PR $50 APE
7. 3,900; 2007-W UNC $25 APE
8. 3,909; 2008-W PR $25 APE
9. 3,930; 2007-W UNC $50 APE
10. 3,936; 2008-W UNC $25 APE
ALL under 4,000! WOW >>
If you don't believe that "someday" the aforementioned coins will be worth LOTS more than they are today, then you're really out of touch! How soon...??? But, they will. If you're looking for a quick 100% return, you might want to consider prostitution, drugs, or gaming.
While you were sleeping, smart folks all over are holding on tight to the new king of kings
the 2008-w plat uncs......
it's unfortunate you wont be part of that winning team..... >>
My buffaloes are trampling all over the 2008 w unc coins it appears.
I begged you to listen 7/8 on how good the buffaloes would be but you refused my detailed analysis, oh well.
Here is a coin tip for you, check the bottom of the latest mint statistics, do you see anything unusual?
....
....
It is the date, it was compiled on a Tuesday so this weeks numbers took into account the canceled orders from Monday already.
I still want to see another couple of weeks on the proof numbers to be sure they are as low as I hope but I still have my 30 day generous return privilege from the mint to use. You should have used that on the 2008 w unc when you had the chance and gotten into the buffaloes and proofs. We begged you but oh well, it is all water under the bridge now.
Oh - please, please, please...............will someone please take these 2008-W Unc Plats off my hands................they are so passe' and will never be worth anything..................oh please...............
Just Kidding.
Again.
Q: Are You Printing Money? Bernanke: Not Literally
Are the 2008 W AGE Uncs. going off sale on 12/31? Other threads say this is the case. I thought that they were selling into mid 09. Thanks.
Raufus, the AGE "W" Uncs are "minted to demand" according to the Mint's own terminology.
That means that the coins will be sold until they are gone, or until the Mint decides to pull them. In past years, Dec. 31st is not a date of any significance.
In 2006, the "W" Uncs weren't released until the 2nd half of the year, and even then, they weren't big sellers until along around October, when the "W" Plats started selling out and people realized that they weren't going to be re-supplied. The AGE "W" Uncs didn't sell out until December, but when they did, they went quickly.
In 2008, we have a situation where they are still "minted to demand" and we know that the Mint pronounced about 2 months ago that they were not buying any more fractional precious metal blanks, because - due to the shortage of metals they were going to focus on 1 oz. coins the rest of the year.
Now, I may be an idiot, but that seems to tell me that when the "W" Uncs run out, there will be ***instant recognition*** of the fact that these are low mintage coins, last of the "W" series, which when folded into the regular unc issue series will be major keys.
Don't say that I never told you so. Regards, jmski.
Q: Are You Printing Money? Bernanke: Not Literally
Stange, I put in a bid earlier today on a 2008 GOLD American Eagle 4 coin PROOF set and just got an email I won it for 1874.99. Boy, I sure didn't think they would be selling for less than issue price with the 1 oz coin being sold-out.
<<It is the date, it was compiled on a Tuesday so this weeks numbers took into account the canceled orders from Monday already.>>
<<I still want to see another couple of weeks on the proof numbers to be sure they are as low as I hope but I still have my 30 day generous return privilege from the mint to use. You should have used that on the 2008 w unc when you had the chance and gotten into the buffaloes and proofs. We begged you but oh well, it is all water under the bridge now.>>
Now...now...lets not go sniping after 7over8 because I also believe those Unc Plat numbers have yet to be corrected to anything close to reality yet.
And one major factor playing into his/our court is that rarely, if ever, are Uncs. produced in excess of Proofs for the same issue...really...has this EVER been the case in modern times? So therefore, either the Proof numbers need to go up or the Unc. numbers will be coming down! And I think this is the strongest argument regardless of all the fun with numbers we've all been having courtesy of the Mint's creative bookkeeping.
And one major factor playing into his/our court is that rarely, if ever, are Uncs. produced in excess of Proofs for the same issue...really...has this EVER been the case in modern times? So therefore, either the Proof numbers need to go up or the Unc. numbers will be coming down! And I think this is the strongest argument regardless of all the fun with numbers we've all been having courtesy of the Mint's creative bookkeeping.
Isn't it equally possible that the Mint ran a certain number of uncirculateds and proofs early in the year, with the expectation that they would make more as the year progressed, and then changed course?
We don't know much here, but we do know that 2008 has been an unusual year; I'm not sure that the historical relationship between proof and uncirculated numbers is required to hold true. It's a logical fallacy to claim that because we've come to expect it, it must happen.
I've said it numerous times, and I guess I'll say it again. The ONLY relevant question is what the Mint means by "sales."
If a "sale" is recorded when an order is placed, eventually the numbers will be reduced by the number of open orders that will never be filled.
If a "sale" is recorded when an order is filled, any drop in sales numbers is limited to the number of coins that are returned.
price drop to be expected-- and considering the non-existent feedback of the seller, that's really not so bad.**********
Lets not forget it is right before Christmas with rising unemployment, a crashing stock market, falling home prices, constrained credit, falling commodities, a hint of deflation and the worse recession since the 1930s.
Not a good time to be selling any collectables.......................
How do you know they shipped? I never get a good status from the mint webpage. It always says "in process," until I get the coins on my doorstep. The next day, I get a "order has been shipped" update. Your coins that were backordered were shipped, too? At what point if at any time, did they go "in stock and reserved?" I've had a 4 coin set, and 2 1/10ths on backorder since the afternoon of the 8th, and they still show "backordered."
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Comments
Given the following....what would a reasonable person deduce?
1. The mint reports "orders".
2. The mint changes it's reports of "orders" based upon returns and cancellations (this must be conceded, given the numbers sometimes move backwards).
3. The mint is under no mandate to report accurate numbers on a timely basis.
I propose the following:
The mint's report of "sales" can be be useful as a guide to the possible top mintage (given a couple of weeks to catch up). It can not be useful in setting a mintage number UNDER that reported number.
In other words, once a xxxx goes red, and then black, we all look at the reported sales number......
What we are seeing, after all is done in a couple of weeks....is the MAX for xxxx....
It won't increase from there.....witness the 08 w plats uncs...it has only decreased. Many other series that have closed out recently will soon be up against their "MAX" number...but the (lower) final number number will take a couple of years...or a FOI demand.
How much they decrease (all series of 2008 W) is the $64K question....
FloridaBill
Text
<< <i>Hundreds and Hundreds and Hundreds of cancellations of plat unc-w's
and yet
THE SALES REPORT STILL DOESNT REFLECT THEM......
hundreds if not a 1000 orders taken after backorder for the 1/4 uncs and 4 coins sets,
and yet
NO ONE RECEIVES ANY SUBSTANTIAL SHIPMENTS ON ANY OF THESE ORDERS FOR 7 WEEKS!!!!!
If all those coins were produced and sold.......
WHERE ARE THEY? >>
But we still don't know how many received substantial orders early on, we don't know everybody, and with small numbers to begin with, it doesn't take too many friends and buddies to pop the numbers...
The numbers early on - "pre backorder" or "at the point of backorder" are considered in the USM's sales and reported at that time -
for example - for 1/4 unc's the backorder number was 615 - 1 day prior to backorder point. Our opinion that no more than double that amount - another 615 coins would have been sold in one day.......given the abysmal sales up to that date (they went from high 400's in number to 615 in 3 days......~150 coins in three days, so on a Tuesday after that blistering 50 coins a day we should expect another 1500 coins sold..?
No. Absolutely not. Rediculous.
IMO, what happened is the vast majority of buyers came home the evening of the 22nd and saw that the coin had went backorder 10/22 about 5:00-5:30pm, and PILED IN. No stops by the USM, just take the ORDERS. In case of returns, there will be many waiting in line to suck any returns up........
The next week, the ORDERS taken report stated SALES at 2115 coins!
And by the way, this happened to tenths (to the tune of about 500 coins), to 4 coin sets and to a lesser extent the other options as well in the plat unc series.
So, in conclusion orders taken up to backorder point WE ASSUME WERE DELIVERED.
It's the 1,000+++ orders AFTER that point WHICH WERE NOT DELIVERED.
7 weeks later. Hundreds and Hundreds of cancelled orders still not reflected in the sales report. No substantial receipts of plat unc's (1/4's in this example) received since then.....save for a few single pieces from returns.
Several large orders placed by friends of mine the evening of the 22nd, the morning of the 23rd, the 24th as well. NEVER RECEIVED. The orders placed the 23rd and24th and beyond NOW CANCELLED.
My question still stands "WHERE ARE THE COINS?????"
Still waiting for intelligent, reasonable responses......(this excludes two forum members who apparently missed the party)
While you were sleeping, smart folks all over are holding on tight to the new king of kings
the 2008-w plat uncs......
it's unfortunate you wont be part of that winning team.....
<< <i>Half -
While you were sleeping, smart folks all over are holding on tight to the new king of kings
the 2008-w plat uncs......
it's unfortunate you wont be part of that winning team..... >>
Half and 7/8, thank you for the great entertainment.
7/8, all I can say is you must be sitting on a LOT of 2008-w unc plats to be pushing them so hard. I will not be surprised if you're right--or wrong, and am not bothered either way. BUT, my gut says the '08 proofs will fare better in the long run, so just beware that if you crown a new king prematurely, Cromwell might come roaring in with his renegade troops and pull a coup d'etat!
By any chance have you made a chart of the silver eagles? I'm wondering how the '08s stack up to previous years. I'll bet a lot of other people are curious about that, too! Thanks in advance!
<< <i>Yeah.................what a bummer.
Almost a full 24 hours and no pop in price.
So much for the buy and hold theory.
it's only natural to hope for/expect some secondary market response when a coin sells out with low numbers. >>
Yes but we forget the that the info we share on a minute by minute basis is far from general knowledge.
Those who haunt these boards and especially this thread must realize if we learn of a sellout it will be days, weeks, or months before it becomes general knowledge.
To expect a bump in prices within 24 hours is a bit unrealistic.......................
<< <i>Half -
While you were sleeping, smart folks all over are holding on tight to the new king of kings
the 2008-w plat uncs......
it's unfortunate you wont be part of that winning team..... >>
7over8.............You are sounding increasingly shrill and desperate.
Do ya'll know anyone that might need a few extra Uncs?
Surely, you didn't think that I was serious - did you?
I knew it would happen.
While you were sleeping, smart folks all over are holding on tight to the new king of kings
the 2008-w plat uncs......
it's unfortunate you wont be part of that winning team.....
7over8, you forgot to say "IMO"
If sales figures are comprised of open orders instead of filled orders -- which you say is the case and I'm trying to verify-- a revision down should be coming. It's a theory that eventually will be proven or disproven by the facts. So far, nothing has changed and it doesn't even look close.
The smart folks who are holding on tight are doing so because the secondary market for the new king of kings sucks right now.
lol, actually, I did!
I continue to think the 2008-ws will be okay regardless of if they beat 2006 or not. Mintages under 5,000, plus even if the numismatic market doesn't materialize in the short run, the bullion market could recover.
<< <i>Casman -
The numbers early on - "pre backorder" or "at the point of backorder" are considered in the USM's sales and reported at that time -
for example - for 1/4 unc's the backorder number was 615 - 1 day prior to backorder point. Our opinion that no more than double that amount - another 615 coins would have been sold in one day.......given the abysmal sales up to that date (they went from high 400's in number to 615 in 3 days......~150 coins in three days, so on a Tuesday after that blistering 50 coins a day we should expect another 1500 coins sold..?
No. Absolutely not. Rediculous.
IMO, what happened is the vast majority of buyers came home the evening of the 22nd and saw that the coin had went backorder 10/22 about 5:00-5:30pm, and PILED IN. No stops by the USM, just take the ORDERS. In case of returns, there will be many waiting in line to suck any returns up........
The next week, the ORDERS taken report stated SALES at 2115 coins!
And by the way, this happened to tenths (to the tune of about 500 coins), to 4 coin sets and to a lesser extent the other options as well in the plat unc series.
So, in conclusion orders taken up to backorder point WE ASSUME WERE DELIVERED.
It's the 1,000+++ orders AFTER that point WHICH WERE NOT DELIVERED.
7 weeks later. Hundreds and Hundreds of cancelled orders still not reflected in the sales report. No substantial receipts of plat unc's (1/4's in this example) received since then.....save for a few single pieces from returns.
Several large orders placed by friends of mine the evening of the 22nd, the morning of the 23rd, the 24th as well. NEVER RECEIVED. The orders placed the 23rd and24th and beyond NOW CANCELLED.
My question still stands "WHERE ARE THE COINS?????"
Still waiting for intelligent, reasonable responses......(this excludes two forum members who apparently missed the party) >>
They started back on sale on the 17th, there was a 6 day window of orders, I highly doubt only 150 were sold in 3 days. Just look at the poll of how many were ordered and how many were actually received by just by the guys here, Oh we didn't do one of those....
lol, actually, I did!
I continue to think the 2008-ws will be okay regardless of if they beat 2006 or not. Mintages under 5,000, plus even if the numismatic market doesn't materialize in the short run, the bullion market could recover.
Man, I just have to sit back and marvel at the guys who "expect" to double their money in a week or two, and who really have such a short time horizon.
They'll be missing out on some of the lowest mintage coins in a century by selling way, way, way too early. They've had the benefit of some very sage advice and some very good market analysis in this thread, and yet - it goes into one ear, and out the other!!!
My opinion - if you don't buy platinum to hold onto for at least a little while then you really ought not to be buying it. Some investments just take awhile to mature.
I knew it would happen.
Maybe no one wants platinum.
San Diego, CA
<< <i>If the 2008 w proof Platinums are so good, why are they being sold for only $2150 a set? Below Mint price, way below after fees. Just something else to think above this morning.
Maybe no one wants platinum. >>
I wish I had backed up the truck for those Golden Buff Fractionals!!!!
<< <i>Maybe no one wants platinum. >>
I'm one of those "no one"s!
Other than those who've got more money than the bank; who can afford it? It's a rich man's game.
See if I have this right. Top 10 non-error/variety U.S. moderns:
1. 2,577; 2006-W UNC $50 APE
2. 2,676; 2006-W UNC $25 APE
3. 3,068; 2006-W UNC $100 APE
4. 3,415; 2008-W UNC $50 APE
5. 3,544; 2006-W UNC $10 APE
6. 3,672; 2008-W PR $50 APE
7. 3,900; 2007-W UNC $25 APE
8. 3,909; 2008-W PR $25 APE
9. 3,930; 2007-W UNC $50 APE
10. 3,936; 2008-W UNC $25 APE
ALL under 4,000! WOW
And the 2008s are subject to revision.
<< <i>If the 2008 w proof Platinums are so good, why are they being sold for only $2150 a set? Below Mint price, way below after fees. Just something else to think above this morning.
Maybe no one wants platinum. >>
An excellent question. It's possible that the sellers don't realize that the latest numbers post sell-out look extremely good for the 08 proof plats. Note that acutions at this level sell in a couple of hours. The latest seller at this level does not even have them in hand and his auctions still sell very, very quickly at this price. If no one wants plats, why have the '04 done so well over the past few years?
<< <i>This is my post from another thread:
See if I have this right. Top 10 non-error/variety U.S. moderns:
1. 2,577; 2006-W UNC $50 APE
2. 2,676; 2006-W UNC $25 APE
3. 3,068; 2006-W UNC $100 APE
4. 3,415; 2008-W UNC $50 APE
5. 3,544; 2006-W UNC $10 APE
6. 3,672; 2008-W PR $50 APE
7. 3,900; 2007-W UNC $25 APE
8. 3,909; 2008-W PR $25 APE
9. 3,930; 2007-W UNC $50 APE
10. 3,936; 2008-W UNC $25 APE
ALL under 4,000! WOW >>
If you don't believe that "someday" the aforementioned coins will be worth LOTS more than they are today, then you're really out of touch! How soon...??? But, they will. If you're looking for a quick 100% return, you might want to consider prostitution, drugs, or gaming.
<< <i>
The last column shows the lowest's percentage of the 2nd lowest (red vs. green). >>
I removed the bullion--since their relevance is practically nil.
<< <i>Anyone have a chart showing the mintages of the AGE Unc and PR by year like the one above for the Plats? >>
Never mind this post
I've got some pending....in stock and reserved with no cancel box but no shipment.
Anyone receive their last minute orders??
<< <i>Has anyone gotten delivery of any of those Proof Platinums purchased the last day before the close of sales.
I've got some pending....in stock and reserved with no cancel box but no shipment.
Anyone receive their last minute orders?? >>
I am in the same boat.
<< <i>Half -
While you were sleeping, smart folks all over are holding on tight to the new king of kings
the 2008-w plat uncs......
it's unfortunate you wont be part of that winning team..... >>
My buffaloes are trampling all over the 2008 w unc coins it appears.
I begged you to listen 7/8 on how good the buffaloes would be but you refused my detailed analysis, oh well.
Here is a coin tip for you, check the bottom of the latest mint statistics, do you see anything unusual?
....
....
It is the date, it was compiled on a Tuesday so this weeks numbers took into account the canceled orders from Monday already.
I still want to see another couple of weeks on the proof numbers to be sure they are as low as I hope but I still have my 30 day generous return privilege from the mint to use. You should have used that on the 2008 w unc when you had the chance and gotten into the buffaloes and proofs. We begged you but oh well, it is all water under the bridge now.
<< <i>I wouldn't call it a Fact, since the mintages aren't finalized. It's more of a foregone conclusion. >>
Agreed, we can all go on and worry about something else ....like if the 2008-w unc plat will be the lowest mintage modern type coin or not.
Just Kidding.
Again.
I knew it would happen.
Raufus, the AGE "W" Uncs are "minted to demand" according to the Mint's own terminology.
That means that the coins will be sold until they are gone, or until the Mint decides to pull them. In past years, Dec. 31st is not a date of any significance.
In 2006, the "W" Uncs weren't released until the 2nd half of the year, and even then, they weren't big sellers until along around October, when the "W" Plats started selling out and people realized that they weren't going to be re-supplied. The AGE "W" Uncs didn't sell out until December, but when they did, they went quickly.
In 2008, we have a situation where they are still "minted to demand" and we know that the Mint pronounced about 2 months ago that they were not buying any more fractional precious metal blanks, because - due to the shortage of metals they were going to focus on 1 oz. coins the rest of the year.
Now, I may be an idiot, but that seems to tell me that when the "W" Uncs run out, there will be ***instant recognition*** of the fact that these are low mintage coins, last of the "W" series, which when folded into the regular unc issue series will be major keys.
Don't say that I never told you so. Regards, jmski.
I knew it would happen.
<<I still want to see another couple of weeks on the proof numbers to be sure they are as low as I hope but I still have my 30 day generous return privilege from the mint to use. You should have used that on the 2008 w unc when you had the chance and gotten into the buffaloes and proofs. We begged you but oh well, it is all water under the bridge now.>>
Now...now...lets not go sniping after 7over8 because I also believe those Unc Plat numbers have yet to be corrected to anything close to reality yet.
And one major factor playing into his/our court is that rarely, if ever, are Uncs. produced in excess of Proofs for the same issue...really...has this EVER been the case in modern times? So therefore, either the Proof numbers need to go up or the Unc. numbers will be coming down! And I think this is the strongest argument regardless of all the fun with numbers we've all been having courtesy of the Mint's creative bookkeeping.
2004 Plat set!!!!!!!!!
HOLY CARP!!!!!!
HOLY CARP!!!!!!
price drop to be expected-- and considering the non-existent feedback of the seller, that's really not so bad.
<< <i>2004 Plat set!!!!!!!!!
HOLY CARP!!!!!! >>
Yes...KABOOM!
Isn't it equally possible that the Mint ran a certain number of uncirculateds and proofs early in the year, with the expectation that they would make more as the year progressed, and then changed course?
We don't know much here, but we do know that 2008 has been an unusual year; I'm not sure that the historical relationship between proof and uncirculated numbers is required to hold true. It's a logical fallacy to claim that because we've come to expect it, it must happen.
I've said it numerous times, and I guess I'll say it again. The ONLY relevant question is what the Mint means by "sales."
If a "sale" is recorded when an order is placed, eventually the numbers will be reduced by the number of open orders that will never be filled.
If a "sale" is recorded when an order is filled, any drop in sales numbers is limited to the number of coins that are returned.
HOLY CARP!!!!!!
price drop to be expected-- and considering the non-existent feedback of the seller, that's really not so bad.**********
Lets not forget it is right before Christmas with rising unemployment, a crashing stock market, falling home prices, constrained credit, falling commodities, a hint of deflation and the worse recession since the 1930s.
Not a good time to be selling any collectables.......................
Your coins that were backordered were shipped, too? At what point if at any time, did they go "in stock and reserved?" I've had a 4 coin set, and 2 1/10ths on backorder since the afternoon of the 8th, and they still show "backordered."
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."