Virgin coins from the mint. "Untouched by human hands" so says the mint. Collect what your like. Why the need to put these coins down if you are not buying? I just don't understand the mentality around here.
What don't you get, Goldbully? This guy's a legitimate seller, and he's already made $250 (and counting) on a pre-sale. It beats selling to John Maben @ $2,100.00. On top of that, he will have the buyer's money and the funds secured before he even ships.
It will be interesting to see the final selling price. I would expect it to set the trend. Any guesses as to the average selling price for these sets in the next month or two?
Q: Are You Printing Money? Bernanke: Not Literally
What don't you get, Goldbully? This guy's a legitimate seller, and he's already made $250 (and counting) on a pre-sale. It beats selling to John Maben @ $2,100.00. On top of that, he will have the buyer's money and the funds secured before he even ships.
It will be interesting to see the final selling price. I would expect it to set the trend. Any guesses as to the average selling price for these sets in the next month or two? >>
Hi..
the dealer is offering $2100.00 for a set that costs $1949.95 plus $4.95 shipping?.. PLUS its owner has to pay to ship it to that dealer?.. in my opinion.. that's not only ridiculous, it's insulting..
guess as to the average selling price for these sets in the next month or two?.. depends on when they sell out.. assuming the 203948023984029381 postings yesterday trying to keep a talley over how many were sold the first day are remotely correct, and somewhere around 20,000 sold, somewhere around 10,000 left.. IF the remainder sell out within the next few days or week or so.. which is both possible and not possible.. and anyone who says he knows is blowing smoke out his back-side.. my guess is that after they sell out, OR The Mint yanks them off-sale.. these sets will be bringing five grand in short order.. what a PCGS PR70 Reverse Proof will go for, once they start getting into owners' hands and getting slabbed.. as far as i can guess, the sky's the limit.. thus, i think flipping one on which you have a confirmed order number to a dealer for $100.00 or $150.00 profit is patently insane.. why even bother?.. what do you suppose that dealer is going to turn around and price it at?..
i don't know about the rest of you, but i am not in the business of making dealers rich..
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 placed order yesterday at 1208 and today 333 and the difference between my order #'s is 29500. yesterday i order plat, today was other stuff. I think about 25000 are platinum orders. Sell out by Weednesday.
<< <i>I placed order yesterday at 1208 and today 333 and the difference between my order #'s is 29500. yesterday i order plat, today was other stuff. I think about 25000 are platinum orders. Sell out by Weednesday. >>
Hi.. remember, The Mint is ending sales of the Jamestown and that other Commemorative today (i keep forgetting its name.. i want to say "the legs and feet coin" heh.. so today's order number sequence could include a lot of those as people try to grab them on their last day of sales, PLUS whatever Platinum sets people are buying today..
as an aside, does anyone know if the 2007 full Silver Proof Sets will be cut off on 12/31/2007, or if sales will continue into 2008?..
apparently, from what i'm reading, the Dolley Gold WILL continue selling into 2008 unless someone has definitive word to the contrary and that one gets shut off on 12/31/2007.. if the latter, i'll grab an Unc (low Mintage).. if the former, i won't bother with it..
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)..
Harv, well said. If I had any money to invest I would probably offer 2300.. Which I don't unfortunately. Anyhow, if people are willing to accept 100 or 150. That is thier gain I guess. Prices on 69 sets probably 25-2900 or 70 set 5000-7000. Not a bad deal for a 2100 offer. It's not maben's fault if people are happy with 100-150 dollars.
<< <i>Based on Bestday's 4:34PM CT #2750xxxx tonight
and 08HALA20's #27469xxx Thursday at the opening bell buy..........
I can surmise that the Mint processed ~40,000 orders(wow, that's a lot).
If I use 70% for the 10th Plat sets....that's 28,000.
Can someone review my logic and help me get a tighter handle on these set sales.
Thanks Much >>
On a normal Mint day I would agree with your logic, however, today was not a normal day. Today was the last day for several Mint products, with a 5PM EST cut-off time. All 2007 commemorative coin products, along with the Legacy Set. BTW, this years Legacy is the key date so far for this short lived series with only 25,000 sold as of 12/10 (per NN stats.)
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
<< <i>OPA, would you say conservatively that 15,000 sets were sold?
Just a gut guess! >>
It's a tough call, but I would suspect that the majority of collectors and flippers who wanted a set most likely have ordered their fill. Having said that...my guess would be in the neighborhood of 17,500-20,000 sets sold so far. I do not believe that this will be a sell-out anytime soon ... only time will tell.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
If Miles' set was 27469XXX and this most recent order (not a Plat order) was 274503XXX, then we have crossed into "34,000 total Mint orders since yesterday territory".
When you select the Anniversary Plat Set option in order to place a set into your shopping cart, the status is "Backordered". Does this mean that the 30,000 sets have now been ordered?
Q: Are You Printing Money? Bernanke: Not Literally
I got backordered yesterday with order 27469xxx. I think they have said that all along and some here seem to say that is to get an idea of interest or maybe becuase the ship date is 12/31
Hey guys, don't forget the order number is cumulative for ALL mint orders. I just ordered two mint products separately (NOT plats (but may have an 07-W in them...guess?)) within a about a minute of each other and there were 18 other orders placed within that short time frame. Order numbers really don't mean much for a specific coin type.
Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
<< <i>Based on Bestday's 4:34PM CT #2750xxxx tonight
and 08HALA20's #27469xxx Thursday at the opening bell buy..........
I can surmise that the Mint processed ~40,000 orders(wow, that's a lot).
If I use 70% for the 10th Plat sets....that's 28,000.
Can someone review my logic and help me get a tighter handle on these set sales.
Thanks Much >>
On a normal Mint day I would agree with your logic, however, today was not a normal day. Today was the last day for several Mint products, with a 5PM EST cut-off time. All 2007 commemorative coin products, along with the Legacy Set. BTW, this years Legacy is the key date so far for this short lived series with only 25,000 sold as of 12/10 (per NN stats.) >>
There are only 10 sets left so everyone that needs one must do so right away!!! This is according to the AP. Yaha
AP unpdate!! I'm sorry they meant 10 days until Christmas. Try typing messages on the board here, watching CNN and drinking your 10th shot of Jack Daniels, I guess you will make a few mistakes in the brain process. Yaha (Merry Holidays to All)
This is my estimate for the number of sets sold and
to be sold by day.
12/13.......9,000
12/14.......6,000
12/15.......5,000
12/16.......4,000
12/17.......2000
12/18.......2,000
12/19.......1,000
12/20..........500
12/21..........500
Now, we deduct 1,000 sets for a variety of reasons such as wrong credit card # duplicate orders ect ect and another 500 sets for returns then the issue should be sold out in 5 additional day or 12/26/07. The Mint may continue to accept names on a waiting list till Jan 10th but the game will be over.
<< <i>This is my estimate for the number of sets sold and
to be sold by day.
12/13.......9,000
12/14.......6,000
12/15.......5,000
12/16.......4,000
12/17.......2000
12/18.......2,000
12/19.......1,000
12/20..........500
12/21..........500
Now, we deduct 1,000 sets for a variety of reasons such as wrong credit card # duplicate orders ect ect and another 500 sets for returns then the issue should be sold out in 5 additional day or 12/26/07. The Mint may continue to accept names on a waiting list till Jan 10th but the game will be over. >>
Looks logical to me, Bear.
Sooo, better buy now, cause Friday will be here sooner than you think!!!
<< <i>42,174 orders. The difference between Thur. Dec 13 12:10 EST and my order now around 4:30 PM today. >>
Hi..
didja ever wonder why The Mint can't do what eBay does (with Dutch auctions, for example or fixed price sales of quantity X of the same item.. like some vendor is dumping out whatevers, and his sales page says "125 available" and goes down each time someone buys one..).. or what many eTailers do when they have a known quantity of some item?.. they display a counter on that item's page that says how many are left..
is there some reason, legal or otherwise, that The Mint couldn't do the same thing with limited Edition products like the Platinum set, and Commemoratives, as opposed to the stuff they sell for a fixed time period?.. 30,000 available.. each time someone orders one, the counter decrements by one.. it'd put an end to all this guessing and kvetching and hand-wringing and "oy when is it gonna sell it how many are left" business entirely.. i can't think of one good reason why they can't / don't / won't do it.. not only would threads like this become totally unnecessary, but it would probably even stimulate sales (which is certainly something they couldn't complain about).. if potential buyers were to see "112 left" and then think "uh oh.. almost gone.. i better buy one".. instead of having absolutely NO idea how many were left, and trying to come up with some convoluted formula of subtracting early from later order numbers, and then trying to guess at what percentage of those orders are for THAT product as opposed to other products..
i guess that's just the gubmint for ya.. if there's an easy, logical way to do something.. they won't do it that way.. we're throwing nearly $2000.00 at them for about $1500.00 worth of Platinum and a fancy box, and all sitting around screaming c'mon sell out already!.. because we all want the things to skyrocket in price, knowing we have one or two on order and that's fat money in the bank if we decide to re-sell them.. i mean who collects coins and DOESN'T want their coins to become more valuable, even if they have NO intention of EVER selling them?.. when you go past $15/oz Silver, and past $800/oz Gold and start treading into $1500/oz Platinum, you're getting into the Stratosphere of what a small round of metal is worth.. imagine what they'd sell a 1 oz American Rhodium Eagle for!
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>but it would probably even stimulate sales (which is certainly something they couldn't complain about).. if potential buyers were to see "112 left" and then think "uh oh.. almost gone.. i better buy one".. >>
Why don't they have a counter? That's an easy question to answer--they get more sales this way. Sure, if someone saw that there were 112 left, they'd be more likely to buy one. But at this moment, there may be 10,000 left and people are coming out of the woodwork to buy anyway, just in case it sells out. People not knowing how many are left cause them to buy when they otherwise might not. It's just like a silent auction--you have no chance to raise your bid once the final winning bid is announced, so you'd better go ahead and bid as high as you can.
I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
Those buying other Mint products would not dive into the Plat rush on Thursday..so we should see a sellout sometime next week ..like the Bear surmised. Has anyone noticed a price uptick in gold and silver Reverse Proofs ?
FWIW I have two sets coming both ordered w/i the first half hour.....of ordering.
my ex-wife has a membership and i have one and it's part of our diviorce agreement that i have full access to her mint membership as long as i am alive....honest
<< <i>throwing nearly $2000.00 at them for about $1500.00 worth of Platinum and a fancy box,
That got me thinking..... Twenty 2006 SAE's cost $2000.00 for about $900.00 worth of silver and a nice box.
Makes the Platinum Set look like a nice buy. >>
Hi..
just musing here.. i only bought two of the 2006 SAE Anniversary sets.. (i wish i HAD bought 20 of them!).. sold one for $600.00 (opened).. and the other for $700.00 (sealed).. on eBay at the peak of the price curve.. then, after sellers' remorse set in, (not that i was unhappy with what i got for them.. i was ecstatic getting about 700% profit).. i bought an NGC PR69 "Black Label" Reverse Proof off TeleTrade for about $250.00 just to have one in my collection for a keeper.. those Reverse Proofs are gorgeous..
i've got an order in for one of the Platinum sets.. if i can realize pie-in-the-sky 700% profit on that baby (meaning, $14,000.00).. the champagne's on me.. i don't think they'll ever go that high, but then, did anyone think the raw ASE sets would hit $700.00?.. sure, ya can't realy compare $700.00 to $14,000.00.. talkin' a totally different depth of pockets there.. but it's fun to think it COULD possibly happen.. my gut tells me these sets will NOT be a dud after they sell out..
on the one hand, i really want to tear the box off and admire the set after i get it.. i own NO Platinum coins at all.. on the other hand, i want to submit it and get'em slabbed, but then i'll have that lovely box with no coins in it..
i could have bought a second set through a friend, but i just can't justify an outlay of four grand.. and driving myself crazy.. wondering if i'll regret it later if these things really do quadruple in price.. to my way of thinking, any guesses as to what they'll finally settle at after they sell out is just that.. guessing.. no one really knows because when you have a set like this that' never been made before (in this metal).. there's nothing to compare them to.. and i don't think you can compare them one for one with last year's ASE or AGE sets and say "this is where they'll peak"..
this is why i think the people who are pre-selling them on eBay and settling for a couple hundred bucks profit are foolish.. i think this set has HUGE potential to go a Helluva lot higher than that with the passage of time.. but how much time is anyone's guess..
if i had told you back in 2000 to buy every Library of Congress BiMetallic Unc. you could afford at $390.00 each because seven years later they'd be worth $4000 to $5000 each.. would you have believed me?.. i don't want to miss out on that kind of opportunity again..
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 was one of those who also did not intend to buy this set, but caved in just now. My order is 27515XXX and is backordered to 12/31.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>I was one of those who also did not intend to buy this set, but caved in just now. My order is 27515XXX and is backordered to 12/31. >>
This makes 46,000 orders since the first posted order number 27469xxx on Thursday. Of course, they weren't all for the platinum set but they must be getting close to a sell out.
Comments
Check this out.....I don't get it!!
eBay Link
Box of 20
eBay Link
What don't you get, Goldbully? This guy's a legitimate seller, and he's already made $250 (and counting) on a pre-sale. It beats selling to John Maben @ $2,100.00. On top of that, he will have the buyer's money and the funds secured before he even ships.
It will be interesting to see the final selling price. I would expect it to set the trend. Any guesses as to the average selling price for these sets in the next month or two?
I knew it would happen.
<< <i>Check this out.....I don't get it!!
eBay Link
What don't you get, Goldbully? This guy's a legitimate seller, and he's already made $250 (and counting) on a pre-sale. It beats selling to John Maben @ $2,100.00. On top of that, he will have the buyer's money and the funds secured before he even ships.
It will be interesting to see the final selling price. I would expect it to set the trend. Any guesses as to the average selling price for these sets in the next month or two? >>
Hi..
the dealer is offering $2100.00 for a set that costs $1949.95 plus $4.95 shipping?.. PLUS its owner has to pay to ship it to that dealer?.. in my opinion.. that's not only ridiculous, it's insulting..
guess as to the average selling price for these sets in the next month or two?.. depends on when they sell out.. assuming the 203948023984029381 postings yesterday trying to keep a talley over how many were sold the first day are remotely correct, and somewhere around 20,000 sold, somewhere around 10,000 left.. IF the remainder sell out within the next few days or week or so.. which is both possible and not possible.. and anyone who says he knows is blowing smoke out his back-side.. my guess is that after they sell out, OR The Mint yanks them off-sale.. these sets will be bringing five grand in short order.. what a PCGS PR70 Reverse Proof will go for, once they start getting into owners' hands and getting slabbed.. as far as i can guess, the sky's the limit.. thus, i think flipping one on which you have a confirmed order number to a dealer for $100.00 or $150.00 profit is patently insane.. why even bother?.. what do you suppose that dealer is going to turn around and price it at?..
i don't know about the rest of you, but i am not in the business of making dealers rich..
Thanks
Harv
- John Wayne, "The Shootist" (1976.. his final film)..
I knew it would happen.
Successful forum transactions: jessewvu, nankraut, tootawl, levinll, mistercoinman, metalsman, adamlaneus, chuckc, fivecents, kingplatinum, jdimmick, waterzooey, moderncoinmart, bige, steelielee,
<< <i>I placed order yesterday at 1208 and today 333 and the difference between my order #'s is 29500. yesterday i order plat, today was other stuff. I think about 25000 are platinum orders. Sell out by Weednesday. >>
Hi.. remember, The Mint is ending sales of the Jamestown and that other Commemorative today (i keep forgetting its name.. i want to say "the legs and feet coin" heh.. so today's order number sequence could include a lot of those as people try to grab them on their last day of sales, PLUS whatever Platinum sets people are buying today..
as an aside, does anyone know if the 2007 full Silver Proof Sets will be cut off on 12/31/2007, or if sales will continue into 2008?..
apparently, from what i'm reading, the Dolley Gold WILL continue selling into 2008 unless someone has definitive word to the contrary and that one gets shut off on 12/31/2007.. if the latter, i'll grab an Unc (low Mintage).. if the former, i won't bother with it..
Thanks
Harv
- John Wayne, "The Shootist" (1976.. his final film)..
Successful forum transactions: jessewvu, nankraut, tootawl, levinll, mistercoinman, metalsman, adamlaneus, chuckc, fivecents, kingplatinum, jdimmick, waterzooey, moderncoinmart, bige, steelielee,
<< <i>Here is one ending on Sunday.
Link >>
The seller is selling the new "gold" 10th Anniversary Platinum Set. Check material.
Ren
and 08HALA20's #27469xxx Thursday at the opening bell buy..........
I can surmise that the Mint processed ~40,000 orders(wow, that's a lot).
If I use 70% for the 10th Plat sets....that's 28,000.
Can someone review my logic and help me get a tighter handle on these set sales.
Thanks Much
<< <i>Based on Bestday's 4:34PM CT #2750xxxx tonight
and 08HALA20's #27469xxx Thursday at the opening bell buy..........
I can surmise that the Mint processed ~40,000 orders(wow, that's a lot).
If I use 70% for the 10th Plat sets....that's 28,000.
Can someone review my logic and help me get a tighter handle on these set sales.
Thanks Much >>
On a normal Mint day I would agree with your logic, however, today was not a normal day. Today was the last day for several Mint products, with a 5PM EST cut-off time. All 2007 commemorative coin products, along with the Legacy Set. BTW, this years Legacy is the key date so far for this short lived series with only 25,000 sold as of 12/10 (per NN stats.)
Just a gut guess!
<< <i>They won't cut off silver proof sets until they are all gone! >>
Not true...they will cut them off when the 2008 become available...
<< <i>OPA, would you say conservatively that 15,000 sets were sold?
Just a gut guess! >>
It's a tough call, but I would suspect that the majority of collectors and flippers who wanted a set most likely have ordered their fill. Having said that...my guess would be in the neighborhood of 17,500-20,000 sets sold so far. I do not believe that this will be a sell-out anytime soon ... only time will tell.
Not the plat set...
When you select the Anniversary Plat Set option in order to place a set into your shopping cart, the status is "Backordered". Does this mean that the 30,000 sets have now been ordered?
I knew it would happen.
and my order now says.... in progress...back ordered.
Camelot
<< <i>I ordered 40 minutes after the 9 AM opening
and my order now says.... in progress...back ordered. >>
Me too, Bear.......Order Date: 12/13/2007 at 12:08 AM
Order Status: Your order request is in process.
However, If I tell you, I will have to kill you.
Camelot
<< <i>I know exactly how many Plat sets are left.
However, If I tell you, I will have to kill you.
Now now that is not being a cuddly old bear
Fred, Las Vegas, NV
<< <i>
<< <i>I ordered 40 minutes after the 9 AM opening
and my order now says.... in progress...back ordered. >>
Me too, Bear.......Order Date: 12/13/2007 at 12:08 AM
Order Status: Your order request is in process.
my order is 27470xxx and it now says in process .... back ordered. Looks like we may see them by New Years.
Fred, Las Vegas, NV
<< <i>
<< <i>Based on Bestday's 4:34PM CT #2750xxxx tonight
and 08HALA20's #27469xxx Thursday at the opening bell buy..........
I can surmise that the Mint processed ~40,000 orders(wow, that's a lot).
If I use 70% for the 10th Plat sets....that's 28,000.
Can someone review my logic and help me get a tighter handle on these set sales.
Thanks Much >>
On a normal Mint day I would agree with your logic, however, today was not a normal day. Today was the last day for several Mint products, with a 5PM EST cut-off time. All 2007 commemorative coin products, along with the Legacy Set. BTW, this years Legacy is the key date so far for this short lived series with only 25,000 sold as of 12/10 (per NN stats.) >>
Yes, I see.......... Mint Link
AP unpdate!! I'm sorry they meant 10 days until Christmas. Try typing messages on the board here, watching CNN and drinking your 10th shot of Jack Daniels, I guess you will make a few mistakes in the brain process. Yaha (Merry Holidays to All)
to be sold by day.
12/13.......9,000
12/14.......6,000
12/15.......5,000
12/16.......4,000
12/17.......2000
12/18.......2,000
12/19.......1,000
12/20..........500
12/21..........500
Now, we deduct 1,000 sets for a variety of reasons such as wrong credit card #
duplicate orders ect ect and another 500 sets for returns then the issue should be
sold out in 5 additional day or 12/26/07. The Mint may continue to accept names on
a waiting list till Jan 10th but the game will be over.
Camelot
<< <i>This is my estimate for the number of sets sold and
to be sold by day.
12/13.......9,000
12/14.......6,000
12/15.......5,000
12/16.......4,000
12/17.......2000
12/18.......2,000
12/19.......1,000
12/20..........500
12/21..........500
Now, we deduct 1,000 sets for a variety of reasons such as wrong credit card #
duplicate orders ect ect and another 500 sets for returns then the issue should be
sold out in 5 additional day or 12/26/07. The Mint may continue to accept names on
a waiting list till Jan 10th but the game will be over. >>
Looks logical to me, Bear.
Sooo, better buy now, cause Friday will be here sooner than you think!!!
Box of 20
<< <i>42,174 orders. The difference between Thur. Dec 13 12:10 EST and my order now around 4:30 PM today. >>
Hi..
didja ever wonder why The Mint can't do what eBay does (with Dutch auctions, for example or fixed price sales of quantity X of the same item.. like some vendor is dumping out whatevers, and his sales page says "125 available" and goes down each time someone buys one..).. or what many eTailers do when they have a known quantity of some item?.. they display a counter on that item's page that says how many are left..
is there some reason, legal or otherwise, that The Mint couldn't do the same thing with limited Edition products like the Platinum set, and Commemoratives, as opposed to the stuff they sell for a fixed time period?.. 30,000 available.. each time someone orders one, the counter decrements by one.. it'd put an end to all this guessing and kvetching and hand-wringing and "oy when is it gonna sell it how many are left" business entirely.. i can't think of one good reason why they can't / don't / won't do it.. not only would threads like this become totally unnecessary, but it would probably even stimulate sales (which is certainly something they couldn't complain about).. if potential buyers were to see "112 left" and then think "uh oh.. almost gone.. i better buy one".. instead of having absolutely NO idea how many were left, and trying to come up with some convoluted formula of subtracting early from later order numbers, and then trying to guess at what percentage of those orders are for THAT product as opposed to other products..
i guess that's just the gubmint for ya.. if there's an easy, logical way to do something.. they won't do it that way.. we're throwing nearly $2000.00 at them for about $1500.00 worth of Platinum and a fancy box, and all sitting around screaming c'mon sell out already!.. because we all want the things to skyrocket in price, knowing we have one or two on order and that's fat money in the bank if we decide to re-sell them.. i mean who collects coins and DOESN'T want their coins to become more valuable, even if they have NO intention of EVER selling them?.. when you go past $15/oz Silver, and past $800/oz Gold and start treading into $1500/oz Platinum, you're getting into the Stratosphere of what a small round of metal is worth.. imagine what they'd sell a 1 oz American Rhodium Eagle for!
Thanks
Harv
- John Wayne, "The Shootist" (1976.. his final film)..
<< <i>but it would probably even stimulate sales (which is certainly something they couldn't complain about).. if potential buyers were to see "112 left" and then think "uh oh.. almost gone.. i better buy one".. >>
Why don't they have a counter? That's an easy question to answer--they get more sales this way. Sure, if someone saw that there were 112 left, they'd be more likely to buy one. But at this moment, there may be 10,000 left and people are coming out of the woodwork to buy anyway, just in case it sells out. People not knowing how many are left cause them to buy when they otherwise might not. It's just like a silent auction--you have no chance to raise your bid once the final winning bid is announced, so you'd better go ahead and bid as high as you can.
Has anyone noticed a price uptick in gold and silver Reverse Proofs ?
my ex-wife has a membership and i have one and it's part of our diviorce agreement that i have full access to her mint membership as long as i am alive....honest
throwing nearly $2000.00 at them for about $1500.00 worth of Platinum and a fancy box,
That got me thinking..... Twenty 2006 SAE's cost $2000.00 for about $900.00 worth of silver and a nice box.
Makes the Platinum Set look like a nice buy.
<< <i>throwing nearly $2000.00 at them for about $1500.00 worth of Platinum and a fancy box,
That got me thinking..... Twenty 2006 SAE's cost $2000.00 for about $900.00 worth of silver and a nice box.
Makes the Platinum Set look like a nice buy. >>
Hi..
just musing here.. i only bought two of the 2006 SAE Anniversary sets.. (i wish i HAD bought 20 of them!).. sold one for $600.00 (opened).. and the other for $700.00 (sealed).. on eBay at the peak of the price curve.. then, after sellers' remorse set in, (not that i was unhappy with what i got for them.. i was ecstatic getting about 700% profit).. i bought an NGC PR69 "Black Label" Reverse Proof off TeleTrade for about $250.00 just to have one in my collection for a keeper.. those Reverse Proofs are gorgeous..
i've got an order in for one of the Platinum sets.. if i can realize pie-in-the-sky 700% profit on that baby (meaning, $14,000.00).. the champagne's on me.. i don't think they'll ever go that high, but then, did anyone think the raw ASE sets would hit $700.00?.. sure, ya can't realy compare $700.00 to $14,000.00.. talkin' a totally different depth of pockets there.. but it's fun to think it COULD possibly happen.. my gut tells me these sets will NOT be a dud after they sell out..
on the one hand, i really want to tear the box off and admire the set after i get it.. i own NO Platinum coins at all.. on the other hand, i want to submit it and get'em slabbed, but then i'll have that lovely box with no coins in it..
i could have bought a second set through a friend, but i just can't justify an outlay of four grand.. and driving myself crazy.. wondering if i'll regret it later if these things really do quadruple in price.. to my way of thinking, any guesses as to what they'll finally settle at after they sell out is just that.. guessing.. no one really knows because when you have a set like this that' never been made before (in this metal).. there's nothing to compare them to.. and i don't think you can compare them one for one with last year's ASE or AGE sets and say "this is where they'll peak"..
this is why i think the people who are pre-selling them on eBay and settling for a couple hundred bucks profit are foolish.. i think this set has HUGE potential to go a Helluva lot higher than that with the passage of time.. but how much time is anyone's guess..
if i had told you back in 2000 to buy every Library of Congress BiMetallic Unc. you could afford at $390.00 each because seven years later they'd be worth $4000 to $5000 each.. would you have believed me?.. i don't want to miss out on that kind of opportunity again..
Thanks
Harv
- John Wayne, "The Shootist" (1976.. his final film)..
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>I was one of those who also did not intend to buy this set, but caved in just now. My order is 27515XXX and is backordered to 12/31. >>
Thanks for coming forward...very few of us have done so.
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<< <i>I don't understand how all 25000 orders say 12-31. Is this real or they will change date in future. >>
My guess is that the mint is playing chicken with the flippers. I bet they ship far less than 30K orders.
<< <i>I was one of those who also did not intend to buy this set, but caved in just now. My order is 27515XXX and is backordered to 12/31. >>
This makes 46,000 orders since the first posted order number 27469xxx on Thursday. Of course, they weren't all for the platinum set but they must be getting close to a sell out.
If there are more than 30,000 orders, and they ship fewer than 30,000 coins, you can be assured that there will be no end to the whining.
I knew it would happen.
<< <i>I bet they already have all 30K sets minted. They waited till awfully close to the end of the year to even announce a date. >>
I thought of an interesting, but far-fetched scenario.
The Mint ships all 30k on the same date.
Buyers love the set and decide to grade and get the "special" PCGS 10th Anniversary Platinum Set designation.
Better yet, everyone decides to get the "First Strike" designation.
In theory, we could have 30,000 First Strikes!!
Mint's backorder dates are never real. It's a waste to look at them, beyond the fact that they indicate that the set didn't ship today
<< <i>
<< <i>I bet they already have all 30K sets minted. They waited till awfully close to the end of the year to even announce a date. >>
I thought of an interesting, but far-fetched scenario.
The Mint ships all 30k on the same date.
Buyers love the set and decide to grade and get the "special" PCGS 10th Anniversary Platinum Set designation.
Better yet, everyone decides to get the "First Strike" designation.
In theory, we could have 30,000 First Strikes!!
Except for the 6 or 8 of us who believe First Strike and, in fact, grading in general for proof platinums is a waste of time.
ALL THE WAY WITH O-G-P!