A lot of todays orders were from people wanting not to be left out. As soon as the real sale totals leak out a lot of these orders will be canceled or the sets returned if the numbers are on the high side.
I cancelled my Jefferson spouse coins and I won't be buying the 10th anniv. plat sets. Just too much money to put into the mint this year and also I'm buying a new JEEP in Jan so I need some extra cash
<< <i>I cancelled my Jefferson spouse coins and I won't be buying the 10th anniv. plat sets. Just too much money to put into the mint this year and also I'm buying a new JEEP in Jan so I need some extra cash >>
I hear ya. I have been ordering one of everything from the Mint since 2005. Last year and this year has killed me, but it has been a fun ride.
Did anyone notice this and care to comment on how it applies to the plats?
The United States Mint American Legacy CollectionTM, the Little Rock Central High School Desegregation Coins and the Jamestown 400th Anniversary Coins must be issued by December 31st. In order to meet these requirements, the United States Mint is only accepting orders for these coins until TOMORROW, December 14th at 5:00 p.m. ET. Please note that all credit card and billing issues must be resolved prior to December 14th
<< <i>Did anyone notice this and care to comment on how it applies to the plats? >>
I did, and to some extent, it complicates the reporting of order numbers here. However, given the flurry of activity between 12:00 and 1:00p, I think that the vast majority of those orders are for plats, rather than commems or the legacy set. I'd be surprised to learn that more than 100-200 of those 10,000 orders during this time was NOT for an anniversary set.
Eric
EAC member since 2011, one third of the way through my 1793 large cent type set
<< <i>Did anyone notice this and care to comment on how it applies to the plats?
The United States Mint American Legacy CollectionTM, the Little Rock Central High School Desegregation Coins and the Jamestown 400th Anniversary Coins must be issued by December 31st. In order to meet these requirements, the United States Mint is only accepting orders for these coins until TOMORROW, December 14th at 5:00 p.m. ET. Please note that all credit card and billing issues must be resolved prior to December 14th >>
My feeling is that the mint does not have enough time to mint the coins this year for the over order plats. The max may have been 30K but even if they sell 30K they can't deliver 30K. I think tomorrow eod they go black.
<< <i>My feeling is that the mint does not have enough time to mint the coins this year for the over order plats. The max may have been 30K but even if they sell 30K they can't deliver 30K. I think tomorrow eod they go black. >>
I don't think that will happen, but it's a good idea. They could sell them for 1 day or 1 week @ 1 per, and the number sold is the number minted. If you want one, place your order, otherwise your out.
When I go the suspended status, I placed another order, now they are BOTH on HOLD. I guess I'll cancel the second one, otherwise the Mint might do it for me and they might cancel the first one...
<< <i>ANYONE GETTING "Your order request has been suspended" ?
Tried a new credit card for 2nd time and third time!
All get the same result.
Cookies ok
All CC's are good, shipping and Billing the same, yet somehow I am on a sh*t list.
They must be reading my posts.
OOPPS! The first Order that I thought did not go thru, actually went thru! I as being bounced because I was trying for additional coins.
>>
Hi.. i got the "suspended" too when i Tracked my order for the set.. then i Tracked it again a few minutes later and got "on hold" which is normal, since The Mint now confirms you have the funds to cover whatever you order, whether it's a two grand set like this or a single Mint Set..
Web site was slower than frozen snot and i had two Browser windows open trying to get to that final order confirmation page but finally got it, and got the email confirmation.. {{mopping brow}}.. whyYyYyyyyYYyyYyy after all these years can't they up their server capacity?.. how many people can possibly be trying to use The Mint's ordering system at any given time.. even the peakiest times like this?.. ten thousand? twenty thousand?.. how many people are using eBay at any given time?.. millions?..
anyway.. two grand for an oz. of Platinum but my gut tells me this set is going to sell out and skyrocket.. of course, i could be wrong but let's just wait and see, eh?.. in my opinion, anyone who does an eBay pre-sale and flips a set for a grand profit is an idiot.. give it a couple months and then look out.. get that Reverse Proof into a PR70 slab and then really look out.. i want so badly to get this set, open the box, and fondle the box and the capsules.. not just send it in for slabbing and get back an empty wood box..
all of this "First Strike" business didn't even exist a couple of years ago.. now those two words on a slab's label mean a 50% higher price.. totaly insanity, if ya ask me.. how can ANY coin or set that sells out in an hour, or a day, or a week NOT be a "First Strike"?.. for their next gimmick, The Mint will probably start putting serial numbers on these sets.. lower number, higher price.. Disney's been doing it with Limited Edition collectibles for years.. Mobile Fidelity Sound lab used to do it with their high end audiophile vinyl UHQRs and boxed sets.. hundreds of different companies put sequenced serial numbers on all kinds of collectibles.. damn, i hope i didn't just give The Mint a new idea.. LOL ..
Thanks Harv
"I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.." - John Wayne, "The Shootist" (1976.. his final film)..
I just ordered a set 10 minutes ago. It shows as "backordered" with a product ship date of 12-31.
order number is very close to 27483000.
I am presently resisting the temptation to try for a second set, since it's still too hard to guess what is going to happen with these on the secondary market. If orders are 10,000+ already, which is what some people are saying, that's a high mintage for a platinum coin.
Maybe the Mint's marketing of this set has helped build the platinum collector base, the set will sell out at 30,000 and everyone will want to hold on to their coins.
Maybe sales will cap out at 10,000 or so, and the set will languish and die without selling out.
Maybe 2,000 folks have ordered 5 sets each through friends and family in the first couple of hours, and ebay will be flooded in the next couple of months once the bills start rolling in.
Whoever sold that preorder at $2,900 did very well I think - I'd part ways with mine for that... take the $ and run.
question re: submitting for 1st strike... and apologies for it since this has probably been asked and answered many times before. If it arrives, is postmarked & unopened, can this be submitted at any time, or does it need to be sent to PCGS by a certain date?
I would agree sealed sets won't bring much of a premium at first though they may pick up once the sets sell out and the First Strike® deadlne approaches. Since I believe the PCGS PR70 First Strike® Reverse Proof will be a prized and sought after coin, mine are going in for grading.
Never teach a pig to sing. You'll waste your time and annoy the pig
<< <i>question re: submitting for 1st strike... and apologies for it since this has probably been asked and answered many times before. If it arrives, is postmarked & unopened, can this be submitted at any time, or does it need to be sent to PCGS by a certain date? >>
Depends on the date of the postmark. If dated before the cutoff, you can submit anytime after cutoff if box is still unopened. If opened it must be mailed prior to cutoff.
Salute the automobile: The greatest anti-pollution device in human history! (Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)
<< <i>On the website, it says they may take the order limit off of these after 7 days. Guess that would allow the CoinVault folks to get in on the action. >>
oh sure....they'll sell a special nickel coated version, too.
Hi.. mine was 274706xx email confirmation at 932am PT (1232pm ET).. so we are almost 8000 numbers apart.. i ASSume that these guesses as to how many have been sold by the difference in order numbers does not take into account people ordering "regular stuff" and NOT ordering these sets.. meaning, if Joe Schmoo logs in and orders a Mint set or a Three Stooges Medal or something while this Platinum frenzy is going on, doesn't his order number fall into the same 27xxxxxx sequence?..
now someone has to explain to me whyYYyYYYYyyy.. on the first day of sale, when they're STILL on The Mint's Web site at issue price, whyyYyYYYYYyy.. would anyone in their right mind pay a $1000.00 premium for one on eBay when they could just get one at issue price from The Mint?.. unless they were a dealer and trying to grab them from every source possible.. which means if a dealer will pay $2900.00 for one, he's Shirley going to sell it for a Helluva lot more than that.. doesn't make sense to me.. don't eBay coin buyers even KNOW The Mint sells direct?.. i see this all the time.. people buying current, still-availble Mint products off eBay for HIGHER prices than on The Mint's own Web site.. no comprendo.. i mean, i snagged a Jamestown $1.00 Silver Unc. from eBay a few days ago for $26.00.. that's 30% under the price from The Mint, so the seller took a loss on that coin and i got a deal.. but would i pay $46.00 for it off eBay if The Mint still has it for $35.00 or whatever it is?.. uhh.. no.. that's like people who will burn two gallons of gasoline just to get to a gas station that is selling it for a dime less than a station a block from home..
Thanks Harv
"I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.." - John Wayne, "The Shootist" (1976.. his final film)..
<< <i>How can you figure the # sold based on the order number - are you figuring all sales right now are for this set? >>
Not all sales are for the Plats, but with 13,000 orders we can guesstimate something like 10,000 or so Plats have been sold. It's not an exact science, but we know that with the first orders around 27469000 we need to get to 27499000 to even have a chance of a sell out. Ofcourse as days go by the connection between the order number and the number of Plats sold gets less reliable.
Hi.. mine was 274706xx email confirmation at 932am PT (1232pm ET).. so we are almost 8000 numbers apart.. i ASSume that these guesses as to how many have been sold by the difference in order numbers does not take into account people ordering "regular stuff" and NOT ordering these sets.. meaning, if Joe Schmoo logs in and orders a Mint set or a Three Stooges Medal or something while this Platinum frenzy is going on, doesn't his order number fall into the same 27xxxxxx sequence?..
now someone has to explain to me whyYYyYYYYyyy.. on the first day of sale, when they're STILL on The Mint's Web site at issue price, whyyYyYYYYYyy.. would anyone in their right mind pay a $1000.00 premium for one on eBay when they could just get one at issue price from The Mint?.. unless they were a dealer and trying to grab them from every source possible.. which means if a dealer will pay $2900.00 for one, he's Shirley going to sell it for a Helluva lot more than that.. doesn't make sense to me.. don't eBay coin buyers even KNOW The Mint sells direct?.. i see this all the time.. people buying current, still-availble Mint products off eBay for HIGHER prices than on The Mint's own Web site.. no comprendo.. i mean, i snagged a Jamestown $1.00 Silver Unc. from eBay a few days ago for $26.00.. that's 30% under the price from The Mint, so the seller took a loss on that coin and i got a deal.. but would i pay $46.00 for it off eBay if The Mint still has it for $35.00 or whatever it is?.. uhh.. no.. that's like people who will burn two gallons of gasoline just to get to a gas station that is selling it for a dime less than a station a block from home..
Hi.. fine.. let'em shill away.. i'll sell mine when they hit $10,000.00 ..
not possible?.. "Jackie Robinson"..
anyone watching the precious metals market today?.. Gold took another huge dump, but Platinum is still going up.. close to $1500/oz now.. explain that..
Thanks Harv
"I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.." - John Wayne, "The Shootist" (1976.. his final film)..
Hi.. fine.. let'em shill away.. i'll sell mine when they hit $10,000.00 ..
not possible?.. "Jackie Robinson"..
anyone watching the precious metals market today?.. Gold took another huge dump, but Platinum is still going up.. close to $1500/oz now.. explain that..
Thanks Harv >>
I guess that just goes to show you that the CB's don't have a huge supply of Platinum to dump on the market to assist in proping up fiat money. Think about it because it won't last for long. Buy on the dips, it's a game.
huge differences between this and Jackie Robinson.
For one thing, gold is much more widely collected than platinum.
$5 gold commemorative coins, at issue, are much more affordable than platinum.
The $5 gold commemorative program almost certainly has a larger, more established collector base than platinum.
There is probably some crossover interest with baseball that doesn't exist with platinum.
The JR $5 unc. coin ended up with a mintage of 5,100 or so, whereas the mintage on these is uncertain at this time-- all we know is that the cap is set at 30,000. For comparison, the JR proof $5 coin has a mintage of 24,000, and that coin is not considered scarce. Heck, the 2003 w first flight gold uncirculated $10 coin has a mintage of 10,129 and those can be found for close to melt value.
If, with a mintage over 10,000, the platinum reverse proofs take hold with collectors, it won't be because of the mintage figures... there are other forces at work. Maybe there will be crossover from the other reverse proof markets, or the Mint has succeeded in making this seem like a standalone coin- certainly that's possible, which is why, in my opinion, they should have given this coin its own reverse design.
Within the platinum series, a coin with a mintage of 10,000 is not rare, and among the $50 proof coins, the highest mintage at this point is 1997w, with a mintage of 15,463. If the sales numbers estimated by using order numbers are at all accurate, this reverse proof is well on its way to being among the most common proof $50 plat to date (second only to the 2007 w platinum proof, for which you need to add in the coins already sold).
Salute the automobile: The greatest anti-pollution device in human history! (Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)
<< <i>How can you figure the # sold based on the order number - are you figuring all sales right now are for this set?
agreed... seems unlikely to me that sales on these have already broken 13,000. >>
Even 10,000 is a remarkable number for this issue when you figure the collector base for 1/2-oz proof plats probably doesn't exceed 6,000 (based on which other proof issues command a premium, i.e. '04, '05, perhaps the '03).
I think there will be a period six months from now when these can be had for below issue price. Not willing to risk it myself, since this is MY plat series, but to someone who'd like one but is not rabid about it...
Took me about 3-4 min. to get Order Number: 274855xx. Told myself this AM I would not be interested..no way..too expensive....but it was either shovel snow or spend 2 grand...snow's still there
<< <i>How can you figure the # sold based on the order number - are you figuring all sales right now are for this set?
agreed... seems unlikely to me that sales on these have already broken 13,000. >>
Even 10,000 is a remarkable number for this issue when you figure the collector base for 1/2-oz proof plats probably doesn't exceed 6,000 (based on which other proof issues command a premium, i.e. '04, '05, perhaps the '03).
I think there will be a period six months from now when these can be had for below issue price. Not willing to risk it myself, since this is MY plat series, but to someone who'd like one but is not rabid about it... >>
Hi..
if this had been just a Proof and an Unc. in a fancy wood box, i wouldn't have looked twice at it.. but i think you're over-looking one fact.. this is the ONLY Reverse Proof Platinum ever made (at least by The US Mint).. as such, i don't think its Mintage figure, whatever it ends up being, is as important as its unique status amongst all the denominations of Platinum for the last ten years, regardless of Mintages..
some people will buy this set so they'll have all three Reverse Proofs.. to hold in their collections forever.. some to flip'em.. some because they have enough money to buy every Platinum coin The Mint issues every year.. Proofs, Uncs., all four sizes.. sure, the market is thinner for the Platinum series than Gold, sure Gold is "prettier" (to me, anyway).. but it's the Reverse Proof that makes this set special.. The Mint has proven they don't know how to do edge lettering so they're giving up on that.. but they've also proven they can make a very beautiful Reverse Proof and now done it in all three precious metals..
if this set is going for below issue price in six months, i'm fully prepared to eat my hat.. i think it'll be going for double issue price, at the very minimum..
when it comes right down to it.. everyone is guessing.. no one knows.. i heard and read plenty of "experts" say "$1000.00 Gold by the end of 2007".. sure doesn't look like that's gonna happen, does it.. with these sets.. all we can do is wait and see.. but my gut tells me the opposite of what yours tells you.. by the way.. i might not be a Platinum series collector (i'm not).. i might not have pockets as deep as a lot of you (i don't..) .. but i have NEVER bought ANY coin from ANY source (The Mint, TeleTrade, eBay, a dealer, at a show.. you name it).. and sold it at a loss.. ever..
Thanks Harv
"I won't be wronged, I won't be insulted, I won't be laid a hand on.. I don't do these things to other people.. I require the same of them.." - John Wayne, "The Shootist" (1976.. his final film)..
Comments
<< <i>Looks the first presale sold on eBay for $2,900 there are a couple more up now. >>
What can you say about dumb money... man oh man.
<< <i>I cancelled my Jefferson spouse coins and I won't be buying the 10th anniv. plat sets. Just too much money to put into the mint this year and also I'm buying a new JEEP in Jan so I need some extra cash >>
I hear ya. I have been ordering one of everything from the Mint since 2005. Last year and this year has killed me, but it has been a fun ride.
Successful forum transactions: jessewvu, nankraut, tootawl, levinll, mistercoinman, metalsman, adamlaneus, chuckc, fivecents, kingplatinum, jdimmick, waterzooey, moderncoinmart, bige, steelielee,
The United States Mint American Legacy CollectionTM, the Little Rock Central High School Desegregation Coins and the Jamestown 400th Anniversary Coins must be issued by December 31st. In order to meet these requirements, the United States Mint is only accepting orders for these coins until TOMORROW, December 14th at 5:00 p.m. ET. Please note that all credit card and billing issues must be resolved prior to December 14th
<< <i>Did anyone notice this and care to comment on how it applies to the plats? >>
I did, and to some extent, it complicates the reporting of order numbers here. However, given the flurry of activity between 12:00 and 1:00p, I think that the vast majority of those orders are for plats, rather than commems or the legacy set. I'd be surprised to learn that more than 100-200 of those 10,000 orders during this time was NOT for an anniversary set.
Eric
<< <i>Did anyone notice this and care to comment on how it applies to the plats?
The United States Mint American Legacy CollectionTM, the Little Rock Central High School Desegregation Coins and the Jamestown 400th Anniversary Coins must be issued by December 31st. In order to meet these requirements, the United States Mint is only accepting orders for these coins until TOMORROW, December 14th at 5:00 p.m. ET. Please note that all credit card and billing issues must be resolved prior to December 14th >>
Interesting, glad I don't need any of these.
Has there ever been an issue hype as much as the Little Rock?
That is something that will be selling at below melt, for years to come.
Too many coins in the wrong hands because of the way it was marketed.
I never went near those just because of the Pump they threw behind it.
<< <i>My feeling is that the mint does not have enough time to mint the coins this year for the over order plats. The max may have been 30K but even if they sell 30K they can't deliver 30K. I think tomorrow eod they go black. >>
I don't think that will happen, but it's a good idea. They could sell them for 1 day or 1 week @ 1 per, and the number sold is the number minted. If you want one, place your order, otherwise your out.
When I go the suspended status, I placed another order, now they are BOTH on HOLD. I guess I'll cancel the second one, otherwise the Mint might do it for me and they might cancel the first one...
<< <i>ANYONE GETTING "Your order request has been suspended" ?
Tried a new credit card for 2nd time and third time!
All get the same result.
Cookies ok
All CC's are good, shipping and Billing the same, yet somehow I am on a sh*t list.
They must be reading my posts.
OOPPS! The first Order that I thought did not go thru, actually went thru! I as being bounced because I was trying for additional coins.
Hi.. i got the "suspended" too when i Tracked my order for the set.. then i Tracked it again a few minutes later and got "on hold" which is normal, since The Mint now confirms you have the funds to cover whatever you order, whether it's a two grand set like this or a single Mint Set..
Web site was slower than frozen snot and i had two Browser windows open trying to get to that final order confirmation page but finally got it, and got the email confirmation.. {{mopping brow}}.. whyYyYyyyyYYyyYyy after all these years can't they up their server capacity?.. how many people can possibly be trying to use The Mint's ordering system at any given time.. even the peakiest times like this?.. ten thousand? twenty thousand?.. how many people are using eBay at any given time?.. millions?..
anyway.. two grand for an oz. of Platinum but my gut tells me this set is going to sell out and skyrocket.. of course, i could be wrong but let's just wait and see, eh?.. in my opinion, anyone who does an eBay pre-sale and flips a set for a grand profit is an idiot.. give it a couple months and then look out.. get that Reverse Proof into a PR70 slab and then really look out.. i want so badly to get this set, open the box, and fondle the box and the capsules.. not just send it in for slabbing and get back an empty wood box..
all of this "First Strike" business didn't even exist a couple of years ago.. now those two words on a slab's label mean a 50% higher price.. totaly insanity, if ya ask me.. how can ANY coin or set that sells out in an hour, or a day, or a week NOT be a "First Strike"?.. for their next gimmick, The Mint will probably start putting serial numbers on these sets.. lower number, higher price.. Disney's been doing it with Limited Edition collectibles for years.. Mobile Fidelity Sound lab used to do it with their high end audiophile vinyl UHQRs and boxed sets.. hundreds of different companies put sequenced serial numbers on all kinds of collectibles.. damn, i hope i didn't just give The Mint a new idea.. LOL ..
Thanks
Harv
- John Wayne, "The Shootist" (1976.. his final film)..
order number is very close to 27483000.
I am presently resisting the temptation to try for a second set, since it's still too hard to guess what is going to happen with these on the secondary market. If orders are 10,000+ already, which is what some people are saying, that's a high mintage for a platinum coin.
Maybe the Mint's marketing of this set has helped build the platinum collector base, the set will sell out at 30,000 and everyone will want to hold on to their coins.
Maybe sales will cap out at 10,000 or so, and the set will languish and die without selling out.
Maybe 2,000 folks have ordered 5 sets each through friends and family in the first couple of hours, and ebay will be flooded in the next couple of months once the bills start rolling in.
Whoever sold that preorder at $2,900 did very well I think - I'd part ways with mine for that... take the $ and run.
<< <i>I just ordered a set 10 minutes ago. It shows as "backordered" with a product ship date of 12-31.
order number is very close to 27483000.
I
Whoever sold that preorder at $2,900 did very well I think - I'd part ways with mine for that... take the $ and run. >>
That number looks to take it past 13k online......
Box of 20
<< <i>question re: submitting for 1st strike... and apologies for it since this has probably been asked and answered many times before. If it arrives, is postmarked & unopened, can this be submitted at any time, or does it need to be sent to PCGS by a certain date?
Depends on the date of the postmark. If dated before the cutoff, you can submit anytime after cutoff if box is still unopened. If opened it must be mailed prior to cutoff.
Jeffs
(Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)
<< <i>On the website, it says they may take the order limit off of these after 7 days. Guess that would allow the CoinVault folks to get in on the action. >>
oh sure....they'll sell a special nickel coated version, too.
<< <i># 274838xx 2:35 EST >>
Hi.. mine was 274706xx email confirmation at 932am PT (1232pm ET).. so we are almost 8000 numbers apart.. i ASSume that these guesses as to how many have been sold by the difference in order numbers does not take into account people ordering "regular stuff" and NOT ordering these sets.. meaning, if Joe Schmoo logs in and orders a Mint set or a Three Stooges Medal or something while this Platinum frenzy is going on, doesn't his order number fall into the same 27xxxxxx sequence?..
now someone has to explain to me whyYYyYYYYyyy.. on the first day of sale, when they're STILL on The Mint's Web site at issue price, whyyYyYYYYYyy.. would anyone in their right mind pay a $1000.00 premium for one on eBay when they could just get one at issue price from The Mint?.. unless they were a dealer and trying to grab them from every source possible.. which means if a dealer will pay $2900.00 for one, he's Shirley going to sell it for a Helluva lot more than that.. doesn't make sense to me.. don't eBay coin buyers even KNOW The Mint sells direct?.. i see this all the time.. people buying current, still-availble Mint products off eBay for HIGHER prices than on The Mint's own Web site.. no comprendo.. i mean, i snagged a Jamestown $1.00 Silver Unc. from eBay a few days ago for $26.00.. that's 30% under the price from The Mint, so the seller took a loss on that coin and i got a deal.. but would i pay $46.00 for it off eBay if The Mint still has it for $35.00 or whatever it is?.. uhh.. no.. that's like people who will burn two gallons of gasoline just to get to a gas station that is selling it for a dime less than a station a block from home..
Thanks
Harv
- John Wayne, "The Shootist" (1976.. his final film)..
<< <i>How can you figure the # sold based on the order number - are you figuring all sales right now are for this set? >>
Not all sales are for the Plats, but with 13,000 orders we can guesstimate something like 10,000 or so Plats have been sold. It's not an exact science, but we know that with the first orders around 27469000 we need to get to 27499000 to even have a chance of a sell out. Ofcourse as days go by the connection between the order number and the number of Plats sold gets less reliable.
<< <i>
<< <i># 274838xx 2:35 EST >>
Hi.. mine was 274706xx email confirmation at 932am PT (1232pm ET).. so we are almost 8000 numbers apart.. i ASSume that these guesses as to how many have been sold by the difference in order numbers does not take into account people ordering "regular stuff" and NOT ordering these sets.. meaning, if Joe Schmoo logs in and orders a Mint set or a Three Stooges Medal or something while this Platinum frenzy is going on, doesn't his order number fall into the same 27xxxxxx sequence?..
now someone has to explain to me whyYYyYYYYyyy.. on the first day of sale, when they're STILL on The Mint's Web site at issue price, whyyYyYYYYYyy.. would anyone in their right mind pay a $1000.00 premium for one on eBay when they could just get one at issue price from The Mint?.. unless they were a dealer and trying to grab them from every source possible.. which means if a dealer will pay $2900.00 for one, he's Shirley going to sell it for a Helluva lot more than that.. doesn't make sense to me.. don't eBay coin buyers even KNOW The Mint sells direct?.. i see this all the time.. people buying current, still-availble Mint products off eBay for HIGHER prices than on The Mint's own Web site.. no comprendo.. i mean, i snagged a Jamestown $1.00 Silver Unc. from eBay a few days ago for $26.00.. that's 30% under the price from The Mint, so the seller took a loss on that coin and i got a deal.. but would i pay $46.00 for it off eBay if The Mint still has it for $35.00 or whatever it is?.. uhh.. no.. that's like people who will burn two gallons of gasoline just to get to a gas station that is selling it for a dime less than a station a block from home..
Thanks
Harv >>
shill buyer to get things rolling
agreed... seems unlikely to me that sales on these have already broken 13,000.
<< <i>
shill buyer to get things rolling >>
Hi.. fine.. let'em shill away.. i'll sell mine when they hit $10,000.00
not possible?.. "Jackie Robinson"..
anyone watching the precious metals market today?.. Gold took another huge dump, but Platinum is still going up.. close to $1500/oz now..
explain that..
Thanks
Harv
- John Wayne, "The Shootist" (1976.. his final film)..
well see in 15 days what it does
got mine #27484*****
<< <i>
<< <i>
shill buyer to get things rolling >>
Hi.. fine.. let'em shill away.. i'll sell mine when they hit $10,000.00
not possible?.. "Jackie Robinson"..
anyone watching the precious metals market today?.. Gold took another huge dump, but Platinum is still going up.. close to $1500/oz now..
explain that..
Thanks
Harv >>
I guess that just goes to show you that the CB's don't have a huge supply of Platinum to dump on the market to assist in proping up fiat money. Think about it because it won't last for long. Buy on the dips, it's a game.
huge differences between this and Jackie Robinson.
For one thing, gold is much more widely collected than platinum.
$5 gold commemorative coins, at issue, are much more affordable than platinum.
The $5 gold commemorative program almost certainly has a larger, more established collector base than platinum.
There is probably some crossover interest with baseball that doesn't exist with platinum.
The JR $5 unc. coin ended up with a mintage of 5,100 or so, whereas the mintage on these is uncertain at this time-- all we know is that the cap is set at 30,000. For comparison, the JR proof $5 coin has a mintage of 24,000, and that coin is not considered scarce. Heck, the 2003 w first flight gold uncirculated $10 coin has a mintage of 10,129 and those can be found for close to melt value.
If, with a mintage over 10,000, the platinum reverse proofs take hold with collectors, it won't be because of the mintage figures... there are other forces at work. Maybe there will be crossover from the other reverse proof markets, or the Mint has succeeded in making this seem like a standalone coin- certainly that's possible, which is why, in my opinion, they should have given this coin its own reverse design.
Within the platinum series, a coin with a mintage of 10,000 is not rare, and among the $50 proof coins, the highest mintage at this point is 1997w, with a mintage of 15,463. If the sales numbers estimated by using order numbers are at all accurate, this reverse proof is well on its way to being among the most common proof $50 plat to date (second only to the 2007 w platinum proof, for which you need to add in the coins already sold).
(Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)
<< <i>How can you figure the # sold based on the order number - are you figuring all sales right now are for this set?
agreed... seems unlikely to me that sales on these have already broken 13,000. >>
Even 10,000 is a remarkable number for this issue when you figure the collector base for 1/2-oz proof plats probably doesn't exceed 6,000 (based on which other proof issues command a premium, i.e. '04, '05, perhaps the '03).
I think there will be a period six months from now when these can be had for below issue price. Not willing to risk it myself, since this is MY plat series, but to someone who'd like one but is not rabid about it...
For all my misgivings, as a collector, I did purchase a set.
Sure, it's about $450 over melt, but I can afford that, and from the picture, it's a mighty fine looking box.
As an investor, the 2006 w uncirculated platinums are still the way to go in my opinion. Those are the Jackie Robinsons of platinum.
<< <i>
<< <i>How can you figure the # sold based on the order number - are you figuring all sales right now are for this set?
agreed... seems unlikely to me that sales on these have already broken 13,000. >>
Even 10,000 is a remarkable number for this issue when you figure the collector base for 1/2-oz proof plats probably doesn't exceed 6,000 (based on which other proof issues command a premium, i.e. '04, '05, perhaps the '03).
I think there will be a period six months from now when these can be had for below issue price. Not willing to risk it myself, since this is MY plat series, but to someone who'd like one but is not rabid about it... >>
Hi..
if this had been just a Proof and an Unc. in a fancy wood box, i wouldn't have looked twice at it.. but i think you're over-looking one fact.. this is the ONLY Reverse Proof Platinum ever made (at least by The US Mint).. as such, i don't think its Mintage figure, whatever it ends up being, is as important as its unique status amongst all the denominations of Platinum for the last ten years, regardless of Mintages..
some people will buy this set so they'll have all three Reverse Proofs.. to hold in their collections forever.. some to flip'em.. some because they have enough money to buy every Platinum coin The Mint issues every year.. Proofs, Uncs., all four sizes.. sure, the market is thinner for the Platinum series than Gold, sure Gold is "prettier" (to me, anyway).. but it's the Reverse Proof that makes this set special.. The Mint has proven they don't know how to do edge lettering so they're giving up on that.. but they've also proven they can make a very beautiful Reverse Proof and now done it in all three precious metals..
if this set is going for below issue price in six months, i'm fully prepared to eat my hat.. i think it'll be going for double issue price, at the very minimum..
when it comes right down to it.. everyone is guessing.. no one knows.. i heard and read plenty of "experts" say "$1000.00 Gold by the end of 2007".. sure doesn't look like that's gonna happen, does it.. with these sets.. all we can do is wait and see.. but my gut tells me the opposite of what yours tells you.. by the way.. i might not be a Platinum series collector (i'm not).. i might not have pockets as deep as a lot of you (i don't..) .. but i have NEVER bought ANY coin from ANY source (The Mint, TeleTrade, eBay, a dealer, at a show.. you name it).. and sold it at a loss.. ever..
Thanks
Harv
- John Wayne, "The Shootist" (1976.. his final film)..