From the APs, to HORRIBLE Ebay "buyers" to even the TPGs the pucks have brought out some bad and erratic behavior. I've just never seen anything like this puck sickness before.
<< <i>Scotsman must have been reading this thread. >>
Yesterday:
"Those not used to looking at these large coins might view it and see something that looks wrong or like a flaw. However, if you look at enough of these .........
...... A gorgeous coin that is almost certain to be in an elite class in the entire ATB series".
Today:
"But, after reviewing the coin and having a discussion about it with NGC, it was determined that the listing should be removed from E-bay and sent back to NGC for review. Both of our companies agreed that the coin most likely did not live up to either NGC's or Scotsman's standards of a coin deserving of our hobbies highest prize".
>>
Yes, I think that many of us are VERY, VERY used to looking at these large coins. Give me a break!
That said, they did pull it in the end and get a few points for that... >>
Excuse me, but how in the heck could you begin to think to make light of or degrade someone who won the lottery, and decided that the grading company was wrong and choose to turn back in the lottery. To me this is the sign of the utmost respectable dealer as I have ever seen. On par with a Rick Snow, I can not give more praise to them for to have acknowledged that the unique MS70 was not in fact such a coin. Gimme a break, that is the dealer I want to buy from, and I sell ATB coins.
I actually like that seller, have bought from them before and will do so again.
I also said that they get some points for pulling it.
Like the others who commented before me, one has to question whether it was pulled in response to all of the comments on this forum without which would they have pulled it??
Either way, as I said, they do get some points for pulling it - more than most would do to be sure.
One also has to ask, how could this coin have passed multi-level review at the TPG when it was so obvious to us that it was not a 70?
From all the "new" PCGS grades that I've seen so far (and I've seen many) - almost EVERY SINGLE one has been PL or DMPL except for about 50% of the Grand Canyons. My predictions based on this... 1 - The old (plain) 69's will (continue) to fall in price. - I just saw a bunch of singles sell $500-$600 on ebay. 2 - The 69PL's will become the new normal - standard set. 3 - The 69DMPL's will be the set to get (although I've seen tons of PL's and 68DMPL's - not as many 69DMPL's.) AND ONE KEY PREDICTION ---- 4 - The Grand Canyon 69PL - and even more so the Grand Canyon 69DMPL - will be the single most valuable coins. (most of them are really hazy, and wont get the PL, DMPL designation. >>
The first forum member to post these was very fortunate to get a full DMPL set from five A MARKS indeed. >>
Exactly. And how was it possible for this coin to have made it through the grading process and out the door? After all, this wasn't just "another coin". This was the first 70. And why was the seller singing its praises one day & pulling it the next? Just another chapter in this sordid saga.
"The only place success comes before work is in the dictionary."
And what if this coin had landed in the hands of someone else that didn't care (didn't have their business integrity on the line) and refused to send it back to NGC?
Successful transactions with keepdachange, tizofthe, adriana, wondercoin
Was it a clerical error in which case it wouldn't be covered under any guarantee, and I think the grading companies reserve the right to change designations based on clerical errors.
If I remember correctly the A-Mark box fits in a medium flat rate box. It can be sent Priority registered if you want, or you could probably send it express just by putting the sticker over the existing label.
One also has to ask, how could this coin have passed multi-level review at the TPG when it was so obvious to us that it was not a 70? >>
How common is it for a TPG to ask that a slabbed coin be "recalled?" >>
It happens for two reasons. Known mechanical error and enough talk in the business that something was not graded properly. You must understand that both services have multiple finalizers or top graders if you will. If a coin is approved by one of them it does not mean the others saw it before it got out.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
<< <i>Sorry if this has been asked but what's the best way to send a sealed A-Mark set? >>
The old brown A-mark boxes fit perfectly in a USPS medium flat rate box. I heard that A-mark sets being shipped out now are being shipped out in USPS Priority medium flat rate boxes so you may need to do something else if you fall in the second group.
<< <i>Was it a clerical error in which case it wouldn't be covered under any guarantee, and I think the grading companies reserve the right to change designations based on clerical errors. >>
Clerical error? Number transposition - was supposed to be a MS07? No way. These are reviewed after encapsulation so the reviewer knows the grade and has to know this coin is going to light the message boards (and eBay) up. You have to wonder if someone was throwing a buddy a bone...
<< <i>You have to wonder if someone was throwing a buddy a bone... >>
With a buddy like that, who needs enemies. Talk about a tease.
I can accept that people make mistakes. Lord know's I've made my share. The important thing to me is that these companies got together and did the right thing. I respect what they did. I'm not perfect, so who am I to give backlash to someone who did the right thing or speculate as to why the right thing was done? I take them at their word and choose to praise them for being men enough to correct it.
One also has to ask, how could this coin have passed multi-level review at the TPG when it was so obvious to us that it was not a 70? >>
How common is it for a TPG to ask that a slabbed coin be "recalled?" >>
It happens for two reasons. Known mechanical error and enough talk in the business that something was not graded properly. You must understand that both services have multiple finalizers or top graders if you will. If a coin is approved by one of them it does not mean the others saw it before it got out.
John >>
Thanks, John, for your insight. If this coin had fallen into the hands of someone with less care about business integrity, I can imagine that they might refuse to send it back for a regrade. Could a TPG essentially "de-legitimize" a coin that they've graded...ie, remove it from their registry, etc?
Successful transactions with keepdachange, tizofthe, adriana, wondercoin
<< <i>If I remember correctly the A-Mark box fits in a medium flat rate box. It can be sent Priority registered if you want, or you could probably send it express just by putting the sticker over the existing label. >>
Nevermind, it works. I grabbed the wrong medium flat rate box at first.
<< <i>who's going to order from coins n things ? >>
As long as the mint has not issued a new "ruling" allowing the AP's to vary the price with the market (spot) silver price, it is a done deal, and a "no brainer".
Anyone who buys silver at or near spot on a dollar-cost-average schedule (or something like it) would have to buy these.
Never mind the obvious flip potential.
Lastly, one never knows how hard the next round will be, and you want to get a business relationship with as many of these AP's as you can so that it goes more smoothly the next round. You just never know if you will be near a phone during the next "2 minutes to order by phone."
One also has to ask, how could this coin have passed multi-level review at the TPG when it was so obvious to us that it was not a 70? >>
How common is it for a TPG to ask that a slabbed coin be "recalled?" >>
It happens for two reasons. Known mechanical error and enough talk in the business that something was not graded properly. You must understand that both services have multiple finalizers or top graders if you will. If a coin is approved by one of them it does not mean the others saw it before it got out.
John >>
Thanks, John, for your insight. If this coin had fallen into the hands of someone with less care about business integrity, I can imagine that they might refuse to send it back for a regrade. Could a TPG essentially "de-legitimize" a coin that they've graded...ie, remove it from their registry, etc? >>
Sure they could. A mistake is a mistake, end of story. If the TPG says they made an error and someone refuses to send it back that makes them a "bad guy" in my book.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
<< <i>Any new word on when NGC is going to publish some census numbers for these coins? I thought it was supposed to be a couple weeks ago. >>
..and can someone tell me how the Ebay PL's that are selling say "only one of 3 graded...POP 3" ???? Where do the get those numbers?? >>
If you take the coin number, and plug it into the box on the POP report page, it will give you the graded POP on that coin. Sometimes this is the only way to find out a POP on a coin since PCGS often lags on the published POP report with the proper links with new coins. .
Just got my Fidelitrade and I must say that they are all DMPLs compared to all the AMark sets I looked at. A couple have small scratches, but, the other 3 are MS69DMPLs in my opinion. I also liked they way they packed them, a small 4x4in box with bubble wrapped airtites. Good jog Fidelitrade!
Just got my Fidelitrade and I must say that they are all DMPLs compared to all the AMark sets I looked at. A couple have small scratches, but, the other 3 are MS69DMPLs in my opinion. I also liked they way they packed them, a small 4x4in box with bubble wrapped airtites. Good jog Fidelitrade!
I thought some of of my FediliTrades were PL also. Though I am generally happy with my NGC grades all but three of my 10 were MS 69s.
Just got my fidelitrades in also by far the best all around coins so far should all go PL 3/4 will go DMPL,3 out of 10 will go 67 0r lower though. Still glad to have them.Also way to go Scotsman for your honesty.
Very nice! My Yosimite looks to be about a 69 DMPL, Hotsprings looks about a 69 DMPL, my Grand Canyon I'd grade about a 69 PL, MT Hood a 69, and Yellowstone a 68 only because it has a noticable but very small scratch on the reverse.
All in all good grp from MTB. Although.... I did lightly blow breath mist on some and noticed a finger print on one coin. LoL. I wonder who at MTB touched it! haha
I'm now pondering if I should order a 2nd set from MTB next week, or go with Fidelitrade. MTB will allow me to wire money for a much faster shipping and gaurenteed order where as Fidelitrade seems iffy since I don't know how many they have left. I think between my 2 sets I might beable to make a full PL+ and a full Frosted + set. haha.
<< <i>I'm now pondering if I should order a 2nd set from MTB next week, or go with Fidelitrade. >>
Uhhh, I'm missing something here. How do you plan to get around the one per household limit? Or has that restriction been lifted? If you're planning to use the friends and family connection, that's fine, but your wording implied that you are going to place more orders yourself...
<< <i>I'm now pondering if I should order a 2nd set from MTB next week, or go with Fidelitrade. >>
Uhhh, I'm missing something here. How do you plan to get around the one per household limit? Or has that restriction been lifted? If you're planning to use the friends and family connection, that's fine, but your wording implied that you are going to place more orders yourself... >>
The family connections ofcourse. My friends tried to screw me over out of my own money making plan and use my information to get in for themselves when they know nothing of precious metals or of the ATB coins... so I cut them out. My family though doesn't care what I do so I just give them phone#'s to call and cash and they'll do whatever. haha.
MTB has been taking orders here and there. I think you just gotta catch someone in a good mood who isn't busy. But for the time being, they've suspended sales until they get some questions answered from the US Mint on if they can up prices due to the spot value of silver continueing to increase.
<< <i>who's going to order from coins n things ? >>
Everyone! Admit it, everyone that has ordered more than one set will feed their addiction again even if they lie to themselves and say they won't! And unless the mint ok's a higher price, they will have to charge the same range or everyone will complain to the mint and then the refunds will roll. I do hope they update their site before the sale with a few more details. I sure would like another set but I could not even get through for A-Mark on-line...though I did get lucky and get into the first round of the additioanl 250 sets.
<< <i>who's going to order from coins n things ? >>
Everyone! Admit it, everyone that has ordered more than one set will feed their addiction again even if they lie to themselves and say they won't! And unless the mint ok's a higher price, they will have to charge the same range or everyone will complain to the mint and then the refunds will roll. I do hope they update their site before the sale with a few more details. I sure would like another set but I could not even get through for A-Mark on-line...though I did get lucky and get into the first round of the additioanl 250 sets. >>
I think the reason why Coins N THings are finally selling their ATB sets is because of the rising spot price of silver. If the US mint doesn't allow the AP's to sell their bullion coins at a higher price due to increasing spot prices, CnT will end up LOOSING money by holding onto coins that are worth far more in melt value then they are allowed to sell at. The longer they hold onto the coins that are tieing up their funds, the more money they'd be loosing by being unable reallocating those funds into something that can make them money.
But IMO, I don't think the US Mint should allow the AP's to adjust for higher prices. The AP's should have sold off their bullion months ago, not to mention they'd still be selling it at the 10% mark up Even if the price of silver plummeted. Why should they be allowed to increase prices if they would never adjust the opposite way if silver crashed?
Under the mint guidelines the AP's will never "lose money" they will only lose potential profit, and that is only due to some of them not being motivated enough to sell them quicker.
Comments
<< <i>
<< <i>
<< <i>Scotsman must have been reading this thread.
Yesterday:
"Those not used to looking at these large coins might view it and see something
that looks wrong or like a flaw. However, if you look at enough of these .........
...... A gorgeous coin that is almost certain to be in an elite class in the entire ATB series".
Today:
"But, after reviewing the coin and having a discussion about it with NGC, it was
determined that the listing should be removed from E-bay and sent back to NGC
for review. Both of our companies agreed that the coin most likely did not live up
to either NGC's or Scotsman's standards of a coin deserving of our hobbies
highest prize".
Yes, I think that many of us are VERY, VERY used to looking at these large coins. Give me a break!
That said, they did pull it in the end and get a few points for that... >>
Excuse me, but how in the heck could you begin to think to make light of or degrade someone who won the lottery, and decided that the grading company was wrong and choose to turn back in the lottery. To me this is the sign of the utmost respectable dealer as I have ever seen. On par with a Rick Snow, I can not give more praise to them for to have acknowledged that the unique MS70 was not in fact such a coin. Gimme a break, that is the dealer I want to buy from, and I sell ATB coins.
I also said that they get some points for pulling it.
Like the others who commented before me, one has to question whether it was pulled in response to all of the comments on this forum without which would they have pulled it??
Either way, as I said, they do get some points for pulling it - more than most would do to be sure.
One also has to ask, how could this coin have passed multi-level review at the TPG when it was so obvious to us that it was not a 70?
My predictions based on this...
1 - The old (plain) 69's will (continue) to fall in price. - I just saw a bunch of singles sell $500-$600 on ebay.
2 - The 69PL's will become the new normal - standard set.
3 - The 69DMPL's will be the set to get (although I've seen tons of PL's and 68DMPL's - not as many 69DMPL's.)
AND ONE KEY PREDICTION ----
4 - The Grand Canyon 69PL - and even more so the Grand Canyon 69DMPL - will be the single most valuable coins. (most of them are really hazy, and wont get the PL, DMPL designation. >>
The first forum member to post these was very fortunate to get a full DMPL set from five A MARKS indeed. >>
What do you know!
Check out Grand Canyon 69DMPL eBay Listing .... $3k! by far the single most valuable coin...
<< <i>
One also has to ask, how could this coin have passed multi-level review at the TPG when it was so obvious to us that it was not a 70? >>
How common is it for a TPG to ask that a slabbed coin be "recalled?"
Exactly. And how was it possible for this coin to have made it through the grading
process and out the door? After all, this wasn't just "another coin". This was the
first 70. And why was the seller singing its praises one day & pulling it the next?
Just another chapter in this sordid saga.
"The only place success comes before work is in the dictionary."
~ Vince Lombardi
<< <i>Are any distributors allowing multiple orders now? Or repeat orders?
Yes
<< <i>
<< <i>
One also has to ask, how could this coin have passed multi-level review at the TPG when it was so obvious to us that it was not a 70? >>
How common is it for a TPG to ask that a slabbed coin be "recalled?" >>
It happens for two reasons. Known mechanical error and enough talk in the business that something was not graded properly. You must understand that both services have multiple finalizers or top graders if you will. If a coin is approved by one of them it does not mean the others saw it before it got out.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
<< <i>Sorry if this has been asked but what's the best way to send a sealed A-Mark set? >>
The old brown A-mark boxes fit perfectly in a USPS medium flat rate box. I heard that A-mark sets being shipped out now are being shipped out in USPS Priority medium flat rate boxes so you may need to do something else if you fall in the second group.
<< <i>
<< <i>Are any distributors allowing multiple orders now? Or repeat orders?
Yes >>
Who is this? I've found that they sell 1/HH (unless you're a friend of GC or the like).
<< <i>Was it a clerical error in which case it wouldn't be covered under any guarantee, and I think the grading companies reserve the right to change designations based on clerical errors. >>
Clerical error? Number transposition - was supposed to be a MS07? No way. These are reviewed after encapsulation so the reviewer knows the grade and has to know this coin is going to light the message boards (and eBay) up. You have to wonder if someone was throwing a buddy a bone...
<< <i>You have to wonder if someone was throwing a buddy a bone... >>
With a buddy like that, who needs enemies. Talk about a tease.
I can accept that people make mistakes. Lord know's I've made my share. The important thing to me is that these companies got together and did the right thing. I respect what they did. I'm not perfect, so who am I to give backlash to someone who did the right thing or speculate as to why the right thing was done? I take them at their word and choose to praise them for being men enough to correct it.
I must have had five 70's and they are changing the labels now to five 62's
<< <i>I just checked my NGC set that was in Quality Control yesterday.....ummmm....the demons have sent it back into "Scheduled for Grading" status
I must have had five 70's and they are changing the labels now to five 62's >>
<< <i>Any new word on when NGC is going to publish some census numbers for these coins? I thought it was supposed to be a couple weeks ago. >>
..and can someone tell me how the Ebay PL's that are selling say "only one of 3 graded...POP 3" ???? Where do the get those numbers??
And look at this guy: He claims their all sold out in his listing...Very dishonest IMO...
Sold Out????
<< <i>
<< <i>Any new word on when NGC is going to publish some census numbers for these coins? I thought it was supposed to be a couple weeks ago. >>
..and can someone tell me how the Ebay PL's that are selling say "only one of 3 graded...POP 3" ???? Where do the get those numbers?? >>
When he listed, it was probably one of three.
<< <i>I'm not familar with NGC, when do they put out their POP reports? Can members look it up like with PCGS?
And look at this guy: He claims their all sold out in his listing...Very dishonest IMO...
Sold Out???? >>
Very dishonest. He says they're 2011??
<< <i>
<< <i>
<< <i>
One also has to ask, how could this coin have passed multi-level review at the TPG when it was so obvious to us that it was not a 70? >>
How common is it for a TPG to ask that a slabbed coin be "recalled?" >>
It happens for two reasons. Known mechanical error and enough talk in the business that something was not graded properly. You must understand that both services have multiple finalizers or top graders if you will. If a coin is approved by one of them it does not mean the others saw it before it got out.
John >>
Thanks, John, for your insight. If this coin had fallen into the hands of someone with less care about business integrity, I can imagine that they might refuse to send it back for a regrade. Could a TPG essentially "de-legitimize" a coin that they've graded...ie, remove it from their registry, etc?
<< <i>who's going to order from coins n things ?
It's a no-brainer if they haven't been able to adjust prices to spot. If they have, I'm still getting on the train...
<< <i>If I remember correctly the A-Mark box fits in a medium flat rate box. It can be sent Priority registered if you want, or you could probably send it express just by putting the sticker over the existing label. >>
Nevermind, it works. I grabbed the wrong medium flat rate box at first.
<< <i>who's going to order from coins n things ?
As long as the mint has not issued a new "ruling" allowing the AP's to vary the price with the market (spot) silver price, it is a done deal, and a "no brainer".
Anyone who buys silver at or near spot on a dollar-cost-average schedule (or something like it) would have to buy these.
Never mind the obvious flip potential.
Lastly, one never knows how hard the next round will be, and you want to get a business relationship with as many of these AP's as you can so that it goes more smoothly the next round. You just never know if you will be near a phone during the next "2 minutes to order by phone."
<< <i>
<< <i>
<< <i>
<< <i>
One also has to ask, how could this coin have passed multi-level review at the TPG when it was so obvious to us that it was not a 70? >>
How common is it for a TPG to ask that a slabbed coin be "recalled?" >>
It happens for two reasons. Known mechanical error and enough talk in the business that something was not graded properly. You must understand that both services have multiple finalizers or top graders if you will. If a coin is approved by one of them it does not mean the others saw it before it got out.
John >>
Thanks, John, for your insight. If this coin had fallen into the hands of someone with less care about business integrity, I can imagine that they might refuse to send it back for a regrade. Could a TPG essentially "de-legitimize" a coin that they've graded...ie, remove it from their registry, etc? >>
Sure they could. A mistake is a mistake, end of story. If the TPG says they made an error and someone refuses to send it back that makes them a "bad guy" in my book.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
<< <i>
<< <i>Any new word on when NGC is going to publish some census numbers for these coins? I thought it was supposed to be a couple weeks ago. >>
..and can someone tell me how the Ebay PL's that are selling say "only one of 3 graded...POP 3" ???? Where do the get those numbers?? >>
If you take the coin number, and plug it into the box on the POP report page, it will give you the graded POP on that coin. Sometimes this is the only way to find out a POP on a coin since PCGS often lags on the published POP report with the proper links with new coins. .
I also liked they way they packed them, a small 4x4in box with bubble wrapped airtites. Good jog Fidelitrade!
Overdate, BestMR, Weather11AM, TDEC1000, Carew4me, BigMarty58, Coinsarefun, Golfer72, UnknownComic, DMarks, JFoot13, ElKevvo, Truthteller, Duxbutt, TwoSides2aCoin, PerryHall, mhammerman, Papabear, Wingsrule, WTCG, MillerJW, Ciccio, zrlevin, dantheman984, tee135, jdimmick, gsa1fan, jmski52, SUMORADA, guitarwes, bstat1020, pitboss, meltdown, Schmitz7, 30AnvZ28, pragmaticgoat, wondercoin & MkMan123
blow dry before grading them at PCGS?
I also liked they way they packed them, a small 4x4in box with bubble wrapped airtites. Good jog Fidelitrade!
I thought some of of my FediliTrades were PL also. Though I am generally happy with my NGC grades all but three of my 10 were MS 69s.
Box of 20
<< <i>
<< <i>
<< <i>Are any distributors allowing multiple orders now? Or repeat orders?
Yes >>
Who is this? I've found that they sell 1/HH (unless you're a friend of GC or the like). >>
I rolled the dice and got lucky. I'd rather not say which AP. Just because I'm paranoid doesn't mean they aren't after me.
To clarify......I was wrong in saying that they are allowing multiples.......My best guess is I got lucky due to a clerical oversight.
<< <i>Me too ! They are beautiful coins. Should I go ahead and dip them in acetone for about 5 minutes each,then rinse them in distilled water and
blow dry before grading them at PCGS? >>
I just got my MTB coins as well and they look good but a little hazy on a couple of them. I will soak them in acetone before sending them
out to PCGS for grading.
Is that the proper way to clean these coins?
I know it was posted in the past and I think that was what was said to do.
<< <i>
<< <i>Me too ! They are beautiful coins. Should I go ahead and dip them in acetone for about 5 minutes each,then rinse them in distilled water and
blow dry before grading them at PCGS? >>
I just got my MTB coins as well and they look good but a little hazy on a couple of them. I will soak them in acetone before sending them
out to PCGS for grading.
Is that the proper way to clean these coins?
I know it was posted in the past and I think that was what was said to do. >>
What was your order date??? Sorry was asking about MTB set
Very nice! My Yosimite looks to be about a 69 DMPL, Hotsprings looks about a 69 DMPL, my Grand Canyon I'd grade about a 69 PL, MT Hood a 69, and Yellowstone a 68 only because it has a noticable but very small scratch on the reverse.
All in all good grp from MTB. Although.... I did lightly blow breath mist on some and noticed a finger print on one coin. LoL. I wonder who at MTB touched it! haha
I'm now pondering if I should order a 2nd set from MTB next week, or go with Fidelitrade. MTB will allow me to wire money for a much faster shipping and gaurenteed order where as Fidelitrade seems iffy since I don't know how many they have left. I think between my 2 sets I might beable to make a full PL+ and a full Frosted + set. haha.
<< <i>I'm now pondering if I should order a 2nd set from MTB next week, or go with Fidelitrade. >>
Uhhh, I'm missing something here. How do you plan to get around the one per household limit? Or has that restriction been lifted? If you're planning to use the friends and family connection, that's fine, but your wording implied that you are going to place more orders yourself...
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
<< <i>
<< <i>I'm now pondering if I should order a 2nd set from MTB next week, or go with Fidelitrade. >>
Uhhh, I'm missing something here. How do you plan to get around the one per household limit? Or has that restriction been lifted? If you're planning to use the friends and family connection, that's fine, but your wording implied that you are going to place more orders yourself... >>
The family connections ofcourse. My friends tried to screw me over out of my own money making plan and use my information to get in for themselves when they know nothing of precious metals or of the ATB coins... so I cut them out. My family though doesn't care what I do so I just give them phone#'s to call and cash and they'll do whatever. haha.
<< <i>MTB is still taking orders??? >>
MTB has been taking orders here and there. I think you just gotta catch someone in a good mood who isn't busy. But for the time being, they've suspended sales until they get some questions answered from the US Mint on if they can up prices due to the spot value of silver continueing to increase.
<< <i>who's going to order from coins n things ?
Everyone! Admit it, everyone that has ordered more than one set will feed their addiction again even if they lie to themselves and say they won't!
<< <i>
<< <i>who's going to order from coins n things ?
Everyone! Admit it, everyone that has ordered more than one set will feed their addiction again even if they lie to themselves and say they won't!
I think the reason why Coins N THings are finally selling their ATB sets is because of the rising spot price of silver. If the US mint doesn't allow the AP's to sell their bullion coins at a higher price due to increasing spot prices, CnT will end up LOOSING money by holding onto coins that are worth far more in melt value then they are allowed to sell at. The longer they hold onto the coins that are tieing up their funds, the more money they'd be loosing by being unable reallocating those funds into something that can make them money.
But IMO, I don't think the US Mint should allow the AP's to adjust for higher prices. The AP's should have sold off their bullion months ago, not to mention they'd still be selling it at the 10% mark up Even if the price of silver plummeted. Why should they be allowed to increase prices if they would never adjust the opposite way if silver crashed?
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!