Well, with the new news and restrictions, the question becomes: Who is still willing to sell them?
I recommend checking web sites first. Calling Second.
I would also guess they would not like 10 million calls. Post findings here.
Here is the list again.
0. APMEX
1. A-Mark Precious Metals, Los Angeles - Silver, Gold, Platinum 2. Dillon Gage Inc. Dallas - Silver Only 3. jack hunt Coin Brokers, Buffalo NY - Silver Only 4. Prudential Securities Inc. New York City - Silver, Gold, Platinum 5. The Gold Center, Springfield, Ill - Silver Only 6. Coin's 'N Things, Bridgewater MASS - Silver Only 7. Fidelitrade Inc, Wilmington Del - Silver Only 8. MTB, New York City - Silver, Gold, Platinum 9. SCB/Mocatta Bullion, New York City - Silver, Gold, Platinum
10. Commerzbank International, Luxembourg/New York City - Silver and Gold 11. Deutsche Bank AG, Frankfurt Germany - Silver, Gold Only 12. Union Bank of Switzerland, Zurich - Silver, Gold, Platinum
13. Hang Seng Bank, Hong Kong - Silver, Gold Only 14. Tinaka Kikinzoku Kogyo K.K., Tokyo - Gold, Platinum Only
Don;t forget to find out those few that called the mint and we can start to hangem for messing everyones order up ...................... This is all we have asked for since the beginning congrats to all that took the time to call and now the fun begins...........................
This is great news and exactly what should have happened on the first go around. Hopefully APMEX will honor the presales with a nice nearly $500 refund check.
Successful transactions with keepdachange, tizofthe, adriana, wondercoin
It looks like if the AP's do not wish to get involved in this (I doubt they will) the remainder of the coins will be available to the "active sellers" aka. dealers.
Most of the US Mint’s primary distributors have not traditionally sold bullion coins to the public in small quantities. Therefore it is possible that some will not purchase their allocation since they are not set up for retail level transactions. In the event that an authorized purchaser does not order their allotment, any excess coins will be available on an allocated basis to remaining active sellers on Monday, December 20, 2010.
Assuming APMEX gets 3000 then 30,000 will go to the dealers and they will reprice as seen fit....
<< <i>It looks like if the AP's do not wish to get involved in this (I doubt they will) the remainder of the coins will be available to the "active sellers" aka. dealers.
Most of the US Mint’s primary distributors have not traditionally sold bullion coins to the public in small quantities. Therefore it is possible that some will not purchase their allocation since they are not set up for retail level transactions. In the event that an authorized purchaser does not order their allotment, any excess coins will be available on an allocated basis to remaining active sellers on Monday, December 20, 2010.
Assuming APMEX gets 3000 then 30,000 will go to the dealers and they will reprice as seen fit.... >>
APMEX must sell the coasters to the public only. They cannot sell any to dealers. So active sellers in that quote would be APs only. If APMEX is the only AP selling to the public, all 33,000 sets will be sold through APMEX.
<< <i>This is great news and exactly what should have happened on the first go around. Hopefully APMEX will honor the presales with a nice nearly $500 refund check. >>
You better pray that APMEX wants to even get involved in this disaster. PS..Thank God, that I'm retired & not the CEO of APMEX, because I would tell the Mint to shove it where the Sun don't shine.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
<< <i>This is great news and exactly what should have happened on the first go around. Hopefully APMEX will honor the presales with a nice nearly $500 refund check. >>
You better pray that APMEX wants to even get involved in this disaster. >>
I agree that some APs may sell to the public but may not want to touch these now.
Tread lightly on them.
On the other hand, this could send additional bullion product buying business to those that choose to sell.
<< <i>APMEX must sell the coasters to the public only. They cannot sell any to dealers. So active sellers in that quote would be APs only. If APMEX is the only AP selling to the public, all 33,000 sets will be sold through APMEX. >>
I respectfully disagree...."Primary Distributors" = AP's. Read the quoted text in my previous post and it kind of makes sense.
If they do not want them APMEX (or the Mint) can sell the rest to dealers.
The Mint did NOT mention the allotment that APMEX is getting.....3000 or 33,000
<< <i>This is great news and exactly what should have happened on the first go around. Hopefully APMEX will honor the presales with a nice nearly $500 refund check. >>
You better pray that APMEX wants to even get involved in this disaster. PS..Thank God, that I'm retired & not the CEO of APMEX, because I would tell the Mint to shove it where the Sun don't shine. >>
LOL. Yeah, I wonder what would happen if no APs agreed to the terms and they all opted out. Although I'm sure the Mint must have gotten the buy-in of at least one AP before making their announcement.
<< <i>APMEX must sell the coasters to the public only. They cannot sell any to dealers. So active sellers in that quote would be APs only. If APMEX is the only AP selling to the public, all 33,000 sets will be sold through APMEX. >>
I respectfully disagree...."Primary Distributors" = AP's. Read the quoted text in my previous post and it kind of makes sense.
If they do not want them APMEX (or the Mint) can sell the rest to dealers.
The Mint did NOT mention the allotment that APMEX is getting.....3000 or 33,000 >>
The Mint did indirectly say that...If APMEX is the only remaining AP who is willing to abide by the Mints terms, they will get the allocation.
"any excess coins will be available on an allocated basis to remaining active sellers on Monday, December 20,"
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
<< <i> The Mint did indirectly say that...If APMEX is the only remaining AP who is willing to abide by the Mints terms, they will get the allocation. "any excess coins will be available on an allocated basis to remaining active sellers on Monday, December 20," >>
That makes perfect sense.....they are acting as a surrogate US Mint and will sell one set per until the 20th. Then the rest go to dealers...
The United States Mint has set the premium at $9.75 per coin. When placing your orders, please be sure to properly identify the products you are ordering (e.g., “5 OZ ATB Hot Springs Coins,” “5 OZ ATB Yellowstone Coins”), and please state the number of ounces and pieces that you are ordering. The minimum order quantity for the 2010 America the Beautiful Silver Bullion Coins is 10,000 ounces (2000 coins), with additional increments of 500 oz (100 coins). Coins will be packaged in boxes of 500 ounces (100 coins). The packaging includes an outer heavy gauge plastic box and lid. Inside the box are 10 tubes with caps. Each tube contains 10 coins. The outer boxes will have two labels identifying the contents: one label on the lid of the box and one label on the side of the box.
ATB Silver Bullion Coin Premiums Capped, Orders Limited from Mint News Blog by Mint News Blog
After a few days of waiting, we have a resolution to the America the Beautiful Silver Bullion Coins situation. In short, the premium that the US Mint's primary distributors can charge will be limited to a maximum of 10%, all coins must be sold to the public, and limits of one coin per design per household will be imposed.
These requirements are outlined in a new set of terms and conditions for authorized purchasers who wish to participate in the distribution of America the Beautiful Silver Bullion Coins.
See the related Coin Update News article.
These terms would accomplish the intended purpose of making the coins as widely available to the public as possible at affordable premiums. However, in practice, things might become a bit complicated.
As mentioned in some previous articles, there is a small group of 11 primary distributors who will be able to purchase the ATB Silver Bullion Coins directly from the US Mint. Each one has an allocation of 3,000 coins per design, which they will be eligible to order.
Now, these coins can only be ordered if the new terms and conditions are followed. Any distributors who order their allocation would be required to sell all coins directly to the public, at a limited premium, with household limits imposed.
To my knowledge, only one of the distributors has a well established retail level business. The others might might have a difficult time setting up the procedures or infrastructure to deal in relatively small retail level transactions with very specific requirements.
Perhaps realizing this situation, the US Mint has indicated that in the event that one or more primary distributors do not purchase their allocations, any remaining amounts would be available to active sellers on an allocated basis on December 20, 2010.
Ironically, this may result in much of the supply going to the primary distributor whose pricing started this entire chain of events. If it does, at least they would be bound by the new terms and conditions, which will result in widespread distribution at a reasonable premium.
For readers who might want to contact the US Mint's other primary distributors to see whether they plan to purchase their allocation and make it available to the public, I have a listing of all 11 below.
A-Mark Precious Metals (Los Angeles) Coins 'N Things Inc (Massachusetts) MTB (New York) Scotia Mocatta (New York) American Precious Metals Exchange, Inc. APMEX (Oklahoma) Dillon Gage Incorporated of Dallas (Texas) Prudential Securities Inc. (New York) The Gold Center (Illinois) Commerzbank International (Luxembourg) Deutsche Bank A.G. (Germany) Tanaka Kikinzoku Kogyo K.K. (Japan)
joe schmoe that doesn't know nuttin' about coins and ordered from APMEX this year.... will likely go to the same place next year. >>
I doubt if joe schmoe even knows that the Mint sells their bullion via an United States Mint Authorized Purchaser. I can see the calls to their Congressmen complaining about not getting their pucks via eBay
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
In reading that last article a third time it sounds like APMEX is still getting only 3000 sets. If the other AP's don't take their allotment then (somehow) they will be made available to dealers..
<< <i> The Mint did indirectly say that...If APMEX is the only remaining AP who is willing to abide by the Mints terms, they will get the allocation. "any excess coins will be available on an allocated basis to remaining active sellers on Monday, December 20," >>
That makes perfect sense.....they are acting as a surrogate US Mint and will sell one set per until the 20th. Then the rest go to dealers...
Actually makes sense.... >>
I think you're misinterpreting. If APMEX is the only AP signing up, they would get the 30,000 remaining sets on the 20th. They are still bound to the agreement and must sell those 30,000 sets to the public. They cannot sell them to dealers. The dealers have been locked out. That is what the Mint wanted.
<< <i>the only way the AP distribution works in this case....
1. Cap the price over spot they can charge (some $ figure or %) 2. Cap the amount of sets to any given household/business (otherwise the APs could just blow out their allotment to their best buddy the 2nd tier dealer)
you need BOTH not ONE or the OTHER... >>
i said this on tuesday....and they did BOTH....BRAVO USM... think everyone wins....
except is this just for the 2010 ATB or ALL ATB years??? just curious
Ahhhhh...not to dealers but the AP's that agreed to sell to the public (APMEX)
<< <i>Should any of the active silver bullion coin Authorized Purchasers decline to order any or all of these coins from the United States Mint, the United States Mint will make the excess coins available, on a comparable allocation basis, to those active silver bullion coin Authorized Purchasers that accept the terms and conditions herein, on Monday, December 20, 2010. >>
<< <i>In reading that last article a third time it sounds like APMEX is still getting only 3000 sets. If the other AP's don't take their allotment then (somehow) they will be made available to dealers.. >>
They will be made available to those remaining APs that have agreed to the terms and are setup to sell to the public. They will not be distributed to second-tier dealers.
Edit - sorry, I was beat to the punch. I didn't mean to pile on...
<< <i>In reading that last article a third time it sounds like APMEX is still getting only 3000 sets. If the other AP's don't take their allotment then (somehow) they will be made available to dealers.. >>
They will be made available to those remaining APs that have agreed to the terms and are setup to sell to the public. They will not be distributed to second-tier dealers.
Edit - sorry, I was beat to the punch. I didn't mean to pile on... >>
I agree.
and no one has yet point out this?
the 10% is based off the purchase price and not the price of bullion silver.
<< <i>the only way the AP distribution works in this case....
1. Cap the price over spot they can charge (some $ figure or %) 2. Cap the amount of sets to any given household/business (otherwise the APs could just blow out their allotment to their best buddy the 2nd tier dealer)
you need BOTH not ONE or the OTHER... >>
i said this on tuesday....and they did BOTH....BRAVO USM... think everyone wins....
except is this just for the 2010 ATB or ALL ATB years??? just curious >>
I don't think this is necessarily a poor proposition for APMEX. If they are the sole distributor, they stand to make a gross profit of $14/coin * 165,000 coins. That turns out to be $2.3 million. Plus, they're probably going to get additional business because of this.
so if im understanding this correctly.... ampex is honoring the full set but will have to credit the difference from 1395???? as they have already took full payment.
If the mint wants these distributed like this, they should just sell them to the public themselves. Since when are bullion releases capped at one per household?
ask yourself this how did monaco get 500 sets ? How is provident getting sets ? this is response from someone not on your list.These coins will likely be offered within the next couple of days, you will see them listed on the online store once they become available.
Best regards,
Again i see them saying 11 dealers but talking to other places NOT on your list and i get the impression these were already promised to lower tier dealers guess will wait and see.....
I like it!!! Thanks Mr. Moy These coins should be available to the greatest number of Americans just like the Parks themselves are to be. If you really want one at a reasonable price this seems like a good way to go and you should be able to get it. Spread the coins around, spread the flipping around. Me, I'll just have to try a bit harder to get that second set so I have one for both kids.
Unless you are buying directly from an AP then I don't know if this will help the "little people". Will the secondary sellers keep the same prices even though they get them cheaper? We shall see i guess.
Gold and silver are valuable but wisdom is priceless.
This will be interesting. If APMEX takes and sell the first 3000, like hot cakes I might add, then on the 20th they might be able to pick up the other 30,000. If they do this they might be listed for a while and I wonder if they would all sell out with the limitations. That said, I would expect that there be a clause that states that if they are not all sold within a given time, say 90 days, then they can lift the per household limit.
I will be interested to see if other APs will even mess with the overhead of trying to make a profit on small volume and household limit when they have never done so before.
Comments
Who is still willing to sell them?
I recommend checking web sites first. Calling Second.
I would also guess they would not like 10 million calls. Post findings here.
Here is the list again.
0. APMEX
1. A-Mark Precious Metals, Los Angeles - Silver, Gold, Platinum
2. Dillon Gage Inc. Dallas - Silver Only
3. jack hunt Coin Brokers, Buffalo NY - Silver Only
4. Prudential Securities Inc. New York City - Silver, Gold, Platinum
5. The Gold Center, Springfield, Ill - Silver Only
6. Coin's 'N Things, Bridgewater MASS - Silver Only
7. Fidelitrade Inc, Wilmington Del - Silver Only
8. MTB, New York City - Silver, Gold, Platinum
9. SCB/Mocatta Bullion, New York City - Silver, Gold, Platinum
10. Commerzbank International, Luxembourg/New York City - Silver and Gold
11. Deutsche Bank AG, Frankfurt Germany - Silver, Gold Only
12. Union Bank of Switzerland, Zurich - Silver, Gold, Platinum
13. Hang Seng Bank, Hong Kong - Silver, Gold Only
14. Tinaka Kikinzoku Kogyo K.K., Tokyo - Gold, Platinum Only
<< <i>Those who pre-sold the sets on eBay should be very happy after this! They got an extra $500 profit! >>
BUT ONLY ONE SET!!
<< <i>Actually what would be easier would be for the Mint to publish the contact info on their web site. >>
easier...Mint...website...
I doubt these 3 words can go together!
I used to be famous now I just collect coins.
Link to My Registry Set.
https://pcgs.com/setregistry/quarters/washington-quarters-specialty-sets/washington-quarters-complete-variety-set-circulation-strikes-1932-1964/publishedset/78469
Varieties Are The Spice Of LIFE and Thanks to Those who teach us what to search For.
The few I was able to fine a link to have minimums at 1000 oz. of silver
Soooo APMEX gets a larger allotment and has to get a huge anumber of different buyers to deplete their stock..
...and if the others DID sell to the public what would stop someone from buying one set from each????
They put the onus of responsibility on APMEX to control the sale....
<< <i>Is Provident Metals one of the sellers for this? >>
They are not on the list of AP's
<< <i>Is Provident Metals one of the sellers for this? >>
According to the latest info out there, no.
But that info is dated.
<< <i>...
...and if the others DID sell to the public what would stop someone from buying one set from each????
... >>
That's exactly why we're interested in who else would be selling these besides APMEX.
Most of the US Mint’s primary distributors have not traditionally sold bullion coins to the public in small quantities. Therefore it is possible that some will not purchase their allocation since they are not set up for retail level transactions. In the event that an authorized purchaser does not order their allotment, any excess coins will be available on an allocated basis to remaining active sellers on Monday, December 20, 2010.
Assuming APMEX gets 3000 then 30,000 will go to the dealers and they will reprice as seen fit....
It has been reported that The Gold Center has all pieces sold.
<< <i>It looks like if the AP's do not wish to get involved in this (I doubt they will) the remainder of the coins will be available to the "active sellers" aka. dealers.
Most of the US Mint’s primary distributors have not traditionally sold bullion coins to the public in small quantities. Therefore it is possible that some will not purchase their allocation since they are not set up for retail level transactions. In the event that an authorized purchaser does not order their allotment, any excess coins will be available on an allocated basis to remaining active sellers on Monday, December 20, 2010.
Assuming APMEX gets 3000 then 30,000 will go to the dealers and they will reprice as seen fit.... >>
APMEX must sell the coasters to the public only. They cannot sell any to dealers. So active sellers in that quote would be APs only. If APMEX is the only AP selling to the public, all 33,000 sets will be sold through APMEX.
<< <i>This is great news and exactly what should have happened on the first go around. Hopefully APMEX will honor the presales with a nice nearly $500 refund check. >>
You better pray that APMEX wants to even get involved in this disaster.
PS..Thank God, that I'm retired & not the CEO of APMEX, because I would tell the Mint to shove it where the Sun don't shine.
<< <i>
<< <i>This is great news and exactly what should have happened on the first go around. Hopefully APMEX will honor the presales with a nice nearly $500 refund check. >>
You better pray that APMEX wants to even get involved in this disaster. >>
I agree that some APs may sell to the public but may not want to touch these now.
Tread lightly on them.
On the other hand, this could send additional bullion product buying business to those that choose to sell.
<< <i>APMEX must sell the coasters to the public only. They cannot sell any to dealers. So active sellers in that quote would be APs only. If APMEX is the only AP selling to the public, all 33,000 sets will be sold through APMEX. >>
I respectfully disagree...."Primary Distributors" = AP's. Read the quoted text in my previous post and it kind of makes sense.
If they do not want them APMEX (or the Mint) can sell the rest to dealers.
The Mint did NOT mention the allotment that APMEX is getting.....3000 or 33,000
<< <i>
<< <i>This is great news and exactly what should have happened on the first go around. Hopefully APMEX will honor the presales with a nice nearly $500 refund check. >>
You better pray that APMEX wants to even get involved in this disaster.
PS..Thank God, that I'm retired & not the CEO of APMEX, because I would tell the Mint to shove it where the Sun don't shine. >>
LOL. Yeah, I wonder what would happen if no APs agreed to the terms and they all opted out. Although I'm sure the Mint must have gotten the buy-in of at least one AP before making their announcement.
I used to be famous now I just collect coins.
Link to My Registry Set.
https://pcgs.com/setregistry/quarters/washington-quarters-specialty-sets/washington-quarters-complete-variety-set-circulation-strikes-1932-1964/publishedset/78469
Varieties Are The Spice Of LIFE and Thanks to Those who teach us what to search For.
<< <i>LOL. Yeah, I wonder what would happen if no APs agreed to the terms and they all opted out. >>
That would be great!!
<< <i>u s mint lookup local dealers in your city This is the way i have been going thru dealers still waiting to hear from 2 of them. >>
They're not "official Mint dealers"...They won't get the pucks
"The companies that appear on this list are neither affiliated with, nor are they official dealers of the United States MinT"
<< <i>
<< <i>APMEX must sell the coasters to the public only. They cannot sell any to dealers. So active sellers in that quote would be APs only. If APMEX is the only AP selling to the public, all 33,000 sets will be sold through APMEX. >>
I respectfully disagree...."Primary Distributors" = AP's. Read the quoted text in my previous post and it kind of makes sense.
If they do not want them APMEX (or the Mint) can sell the rest to dealers.
The Mint did NOT mention the allotment that APMEX is getting.....3000 or 33,000 >>
The Mint did indirectly say that...If APMEX is the only remaining AP who is willing to abide by the Mints terms, they will get the allocation.
"any excess coins will be available on an allocated basis to remaining active sellers on Monday, December 20,"
<< <i>
<< <i>u s mint lookup local dealers in your city This is the way i have been going thru dealers still waiting to hear from 2 of them. >>
They're not "official Mint dealers"...They won't get the pucks
The companies that appear on this list are neither affiliated with, nor are they official dealers of the United States Mint >>
I agree.
You need to contact the authorized purchasers.
(If APMEX decides to sell them, this could pull a lot of other business their way.)
<< <i> The Mint did indirectly say that...If APMEX is the only remaining AP who is willing to abide by the Mints terms, they will get the allocation. "any excess coins will be available on an allocated basis to remaining active sellers on Monday, December 20," >>
That makes perfect sense.....they are acting as a surrogate US Mint and will sell one set per until the 20th. Then the rest go to dealers...
Actually makes sense....
joe schmoe that doesn't know nuttin' about coins and ordered from APMEX this year.... will likely go to the same place next year.
ATB Silver Bullion Coin Premiums Capped, Orders Limited
from Mint News Blog by Mint News Blog
After a few days of waiting, we have a resolution to the America the Beautiful Silver Bullion Coins situation. In short, the premium that the US Mint's primary distributors can charge will be limited to a maximum of 10%, all coins must be sold to the public, and limits of one coin per design per household will be imposed.
These requirements are outlined in a new set of terms and conditions for authorized purchasers who wish to participate in the distribution of America the Beautiful Silver Bullion Coins.
See the related Coin Update News article.
These terms would accomplish the intended purpose of making the coins as widely available to the public as possible at affordable premiums. However, in practice, things might become a bit complicated.
As mentioned in some previous articles, there is a small group of 11 primary distributors who will be able to purchase the ATB Silver Bullion Coins directly from the US Mint. Each one has an allocation of 3,000 coins per design, which they will be eligible to order.
Now, these coins can only be ordered if the new terms and conditions are followed. Any distributors who order their allocation would be required to sell all coins directly to the public, at a limited premium, with household limits imposed.
To my knowledge, only one of the distributors has a well established retail level business. The others might might have a difficult time setting up the procedures or infrastructure to deal in relatively small retail level transactions with very specific requirements.
Perhaps realizing this situation, the US Mint has indicated that in the event that one or more primary distributors do not purchase their allocations, any remaining amounts would be available to active sellers on an allocated basis on December 20, 2010.
Ironically, this may result in much of the supply going to the primary distributor whose pricing started this entire chain of events. If it does, at least they would be bound by the new terms and conditions, which will result in widespread distribution at a reasonable premium.
For readers who might want to contact the US Mint's other primary distributors to see whether they plan to purchase their allocation and make it available to the public, I have a listing of all 11 below.
A-Mark Precious Metals (Los Angeles)
Coins 'N Things Inc (Massachusetts)
MTB (New York)
Scotia Mocatta (New York)
American Precious Metals Exchange, Inc. APMEX (Oklahoma)
Dillon Gage Incorporated of Dallas (Texas)
Prudential Securities Inc. (New York)
The Gold Center (Illinois)
Commerzbank International (Luxembourg)
Deutsche Bank A.G. (Germany)
Tanaka Kikinzoku Kogyo K.K. (Japan)
<< <i>And think about next year.
joe schmoe that doesn't know nuttin' about coins and ordered from APMEX this year.... will likely go to the same place next year. >>
I doubt if joe schmoe even knows that the Mint sells their bullion via an United States Mint Authorized Purchaser. I can see the calls to their Congressmen complaining about not getting their pucks via eBay
<< <i>
<< <i> The Mint did indirectly say that...If APMEX is the only remaining AP who is willing to abide by the Mints terms, they will get the allocation. "any excess coins will be available on an allocated basis to remaining active sellers on Monday, December 20," >>
That makes perfect sense.....they are acting as a surrogate US Mint and will sell one set per until the 20th. Then the rest go to dealers...
Actually makes sense.... >>
I think you're misinterpreting. If APMEX is the only AP signing up, they would get the 30,000 remaining sets on the 20th. They are still bound to the agreement and must sell those 30,000 sets to the public. They cannot sell them to dealers. The dealers have been locked out. That is what the Mint wanted.
<< <i>the only way the AP distribution works in this case....
1. Cap the price over spot they can charge (some $ figure or %)
2. Cap the amount of sets to any given household/business (otherwise the APs could just blow out their allotment to their best buddy the 2nd tier dealer)
you need BOTH not ONE or the OTHER... >>
i said this on tuesday....and they did BOTH....BRAVO USM... think everyone wins....
except is this just for the 2010 ATB or ALL ATB years??? just curious
The way they handle this should be interesting.
<< <i>Should any of the active silver bullion coin Authorized Purchasers decline to order any or all of these coins from the United States Mint, the United States Mint will make the excess coins available, on a comparable allocation basis, to those active silver bullion coin Authorized Purchasers that accept the terms and conditions herein, on Monday, December 20, 2010. >>
<< <i>In reading that last article a third time it sounds like APMEX is still getting only 3000 sets. If the other AP's don't take their allotment then (somehow) they will be made available to dealers.. >>
They will be made available to those remaining APs that have agreed to the terms and are setup to sell to the public. They will not be distributed to second-tier dealers.
Edit - sorry, I was beat to the punch. I didn't mean to pile on...
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
<< <i>
<< <i>In reading that last article a third time it sounds like APMEX is still getting only 3000 sets. If the other AP's don't take their allotment then (somehow) they will be made available to dealers.. >>
They will be made available to those remaining APs that have agreed to the terms and are setup to sell to the public. They will not be distributed to second-tier dealers.
Edit - sorry, I was beat to the punch. I didn't mean to pile on... >>
I agree.
and no one has yet point out this?
the 10% is based off the purchase price and not the price of bullion silver.
<< <i>
<< <i>the only way the AP distribution works in this case....
1. Cap the price over spot they can charge (some $ figure or %)
2. Cap the amount of sets to any given household/business (otherwise the APs could just blow out their allotment to their best buddy the 2nd tier dealer)
you need BOTH not ONE or the OTHER... >>
i said this on tuesday....and they did BOTH....BRAVO USM... think everyone wins....
except is this just for the 2010 ATB or ALL ATB years??? just curious >>
I expect it to be this year only.
ampex is honoring the full set but will have to credit the difference from 1395????
as they have already took full payment.
Best regards,
Again i see them saying 11 dealers but talking to other places NOT on your list and i get the impression these were already promised to lower tier dealers guess will wait and see.....
I used to be famous now I just collect coins.
Link to My Registry Set.
https://pcgs.com/setregistry/quarters/washington-quarters-specialty-sets/washington-quarters-complete-variety-set-circulation-strikes-1932-1964/publishedset/78469
Varieties Are The Spice Of LIFE and Thanks to Those who teach us what to search For.
I will be interested to see if other APs will even mess with the overhead of trying to make a profit on small volume and household limit when they have never done so before.
So, those that ordered from APMEX, aren't you quite happy now knowing you may not have to stand in line??
Or, are you planning on standing in line for your uncle, aunt, or significantly appreciated other?
Miles