<< <i>Seems Fidelity made their decsion to sell these. Unlike the other APs. The mint needs to put a list of those APs that accepted their allotment. >>
If I read the latest Mint guidelines the AP's have until the 20th to order their pucks. After that they will be released to those who did order them.
So....the list of AP's selling them probably won't be final until after the 20th....
I called Fidelitrade @ 845a cst and talked to Linda. After getting on the list, I asked how many people are on the list, she said, "Over two hundred, but there will be plenty", which I took to mean referring to Fidelitrade's expected supply of ATB pucks. So, we'll see.
<< <i>I called Fidelitrade @ 845a cst and talked to Linda. After getting on the list, I asked how many people are on the list, she said, "Over two hundred, but there will be plenty", which I took to mean referring to Fidelitrade's expected supply of ATB pucks. So, we'll see. >>
I've just got the feeling that something is going to break today! >>
Just five more minutes, ma!!!!!!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Time for another cup of Java. Still no email from APMEX. There is one seller on eBay who obviously did not "get the word." Already sold 8 sets at similar prices.
spot + 9.95 + 10% + Reasonable Shipping and handling fee Since the mint is not specifying the "Reasonable shipping and handling fee"....we've seen what AP's think is reasonable. So for them....$500 s/h
Great BST experiences: abitofthisabitofthat, silvercoinsdude, gerard, coinfame, mikescoins, wondercoin
<< <i>spot + 9.95 + 10% + Reasonable Shipping and handling fee Since the mint is not specifying the "Reasonable shipping and handling fee"....we've seen what AP's think is reasonable. So for them....$500 s/h >>
Is that so ... how about letting us know which AP charged that for s&h.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
While all these other bullion companies are accepting orders and taking numbers....the silence out of APMEX makes you wonder....they were so quick to jump in the saddle on Dec 3rd ....but are still waiting for an "official press release from USM"???? at least this is what i was told....
<< <i>While all these other bullion companies are accepting orders and taking numbers....the silence out of APMEX makes you wonder....they were so quick to jump in the saddle on Dec 3rd ....but are still waiting for an "official press release from USM"???? at least this is what i was told.... >>
No reason for apmex to be in a hurry since there is no price war or strategic sales efforts to worry about. They know they are going to get their allotment, they know how much they are going to charge for them, they know they will sell out...they can do it whenever they get ready.
Great BST experiences: abitofthisabitofthat, silvercoinsdude, gerard, coinfame, mikescoins, wondercoin
Call all the congressmen/women that co-sponsored this bill H.R. 6184, back in 2008, and tell them to amend the legislation and extend the time limits placed on the mint for sale/production/distribution of these coins.
APMEX is holding a lot of money in payments for multiple sets. They need to do something soon........
Exactly! I mailed a business check for 2 sets a couple of weeks ago. I also checked my bank account online and it was deposited by APMEX almost 2 weeks ago. With the new limits/restrictions imposed by the US Mint, I called APMEX asking how they are going to work that, if I would be getting a refund check from them for the difference, etc. They didn't know anything yet!! All they told me was they would be releasing a statement sometime this week regarding the ATB 5-oz coins. I mentioned the fact that I am losing out in interest, etc on my money while they hold it until they make a decision. They didn't seem to care.
If anyone knows more about how they are going to handle order limits, refunds, etc. please post it. Thanks!
<< <i>Call all the congressmen/women that co-sponsored this bill H.R. 6184, back in 2008, and tell them to amend the legislation and extend the time limits placed on the mint for sale/production/distribution of these coins.
Here's the numbers of the representatives
Michael Castle; DE Phone: 202-225-4165
Charles Gonzales; TX Phone: 202-225-3236
Raul Grijalva; AZ Phone: 202-225-2435
Luis Gutierrez; IL Phone: 202-225-8203
Carolyn Maloney; NY Phone: 202-225-7944
Joe Sestak; PA Phone: 202-225-2011
Betty Sutton; OH Phone: 202-225-3401 >>
...... could we get some 2009 Silver American Eagle Proof coins made, while they're at it ?
<< <i>APMEX is holding a lot of money in payments for multiple sets. They need to do something soon........
Exactly! I mailed a business check for 2 sets a couple of weeks ago. I also checked my bank account online and it was deposited by APMEX almost 2 weeks ago. With the new limits/restrictions imposed by the US Mint, I called APMEX asking how they are going to work that, if I would be getting a refund check from them for the difference, etc. They didn't know anything yet!! All they told me was they would be releasing a statement sometime this week regarding the ATB 5-oz coins. I mentioned the fact that I am losing out in interest, etc on my money while they hold it until they make a decision. They didn't seem to care.
If anyone knows more about how they are going to handle order limits, refunds, etc. please post it. Thanks! >>
The interest you're losing is negligible. (2 or 3 bucks on a single set?) When all the orders are added up though, their float can add up quickly.
<< <i>APMEX is holding a lot of money in payments for multiple sets. They need to do something soon........
Exactly! I mailed a business check for 2 sets a couple of weeks ago. I also checked my bank account online and it was deposited by APMEX almost 2 weeks ago. With the new limits/restrictions imposed by the US Mint, I called APMEX asking how they are going to work that, if I would be getting a refund check from them for the difference, etc. They didn't know anything yet!! All they told me was they would be releasing a statement sometime this week regarding the ATB 5-oz coins. I mentioned the fact that I am losing out in interest, etc on my money while they hold it until they make a decision. They didn't seem to care.
If anyone knows more about how they are going to handle order limits, refunds, etc. please post it. Thanks! >>
The interest you're losing is negligible. (2 or 3 bucks on a single set?) When all the orders are added up though, their float can add up quickly. >>
Actually I think what Geoman is really losing is the loss of the use of his money. I'm pretty sure while APMEX holds his money, he could have reinvested in other inventory which could have been sold. Anyone that owns a retail shop will tell you the opportunity to buy and sell bullion is pretty big and with a chunk of available cash tied up for no reason, he is losing money everyday. Opportunity cost, not interest earned by a loss in my mind.
Yes, I agree with you on the float. Nice little wind fall for them.
<< <i>Time for another cup of Java. Still no email from APMEX. There is one seller on eBay who obviously did not "get the word." Already sold 8 sets at similar prices.
I just shot of an email to APMEX Attn: Michael Haynes, relaying my concern over their silence. If he gets enough feedback, maybe they'll get of the pot.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market....
<< <i>Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market.... >>
Socialism at it's finest.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
<< <i>Time for another cup of Java. Still no email from APMEX. There is one seller on eBay who obviously did not "get the word." Already sold 8 sets at similar prices.
<< <i>Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market.... >>
Socialism at it's finest. >>
I actually don't mind something like this, for any country, if an issue is considered "hot". If I collected Korean coins, and they had a low mintage item, and it was 1 per, then I would be ok with Koreans getting it first. Same for Japan/China/Canada/etc.
Particularly if it were for something "patriotic". As long as it is from a country's own national mint, then I don't see an issue.
<< <i>Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market.... >>
What is the source of this, please? TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market.... >>
What is the source of this, please? TD >>
Tom.....I'm not enough of a source for you on this? You don't think I would make it up, do you? Linda, at Fidelitrade, told me they just got that one today.
<< <i>Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market.... >>
<< <i>APMEX is holding a lot of money in payments for multiple sets. They need to do something soon........
Exactly! I mailed a business check for 2 sets a couple of weeks ago. I also checked my bank account online and it was deposited by APMEX almost 2 weeks ago. With the new limits/restrictions imposed by the US Mint, I called APMEX asking how they are going to work that, if I would be getting a refund check from them for the difference, etc. They didn't know anything yet!! All they told me was they would be releasing a statement sometime this week regarding the ATB 5-oz coins. I mentioned the fact that I am losing out in interest, etc on my money while they hold it until they make a decision. They didn't seem to care.
If anyone knows more about how they are going to handle order limits, refunds, etc. please post it. Thanks! >>
The interest you're losing is negligible. (2 or 3 bucks on a single set?) When all the orders are added up though, their float can add up quickly. >>
Actually I think what Geoman is really losing is the loss of the use of his money. I'm pretty sure while APMEX holds his money, he could have reinvested in other inventory which could have been sold. Anyone that owns a retail shop will tell you the opportunity to buy and sell bullion is pretty big and with a chunk of available cash tied up for no reason, he is losing money everyday. Opportunity cost, not interest earned by a loss in my mind.
Yes, I agree with you on the float. Nice little wind fall for them. >>
I understand opportunity cost, but if you're planning on holding the set and not flipping it, then there is no loss.
<< <i>Based on a conversation I had with their customer service department, I have a feeling their CEO is out this week. >>
He might be out for longer than a week if he was the person that made the decision to presell at 1400 a set. By not waiting until the sets were in hand, somone cost ampex and other APs a fortune when the mint pullled the coins and set new rules.
<< <i>Based on a conversation I had with their customer service department, I have a feeling their CEO is out this week. >>
He might be out for longer than a week if he was the person that made the decision to presell at 1400 a set. By not waiting until the sets were in hand, somone cost ampex and other APs a fortune when the mint pullled the coins and set new rules. >>
You may be right, but the delicious irony is that the $1395 figure turned out to be less than everybody else made their initial offering at. TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>Based on a conversation I had with their customer service department, I have a feeling their CEO is out this week. >>
He might be out for longer than a week if he was the person that made the decision to presell at 1400 a set. By not waiting until the sets were in hand, somone cost ampex and other APs a fortune when the mint pullled the coins and set new rules. >>
You may be right, but the delicious irony is that the $1395 figure turned out to be less than everybody else made their initial offering at. TD >>
I did not know that Captain, I was only aware of AMPEX preselling and somone I had not heard off, Monaco? coins. Or were you talking about Ebay presales?
Comments
Box of 20
<< <i>Seems Fidelity made their decsion to sell these. Unlike the other APs. The mint needs to put a list of those APs that accepted their allotment. >>
If I read the latest Mint guidelines the AP's have until the 20th to order their pucks. After that they will be released to those who did order them.
So....the list of AP's selling them probably won't be final until after the 20th....
<< <i>I called Fidelitrade @ 845a cst and talked to Linda. After getting on the list, I asked how many people are on the list, she said, "Over two hundred, but there will be plenty", which I took to mean referring to Fidelitrade's expected supply of ATB pucks. So, we'll see. >>
Any idea of payment methods they are accepting?
<< <i>Wakey, wakey, rise and shine!!!
I've just got the feeling that something is going to break today! >>
Just five more minutes, ma!!!!!!
There is one seller on eBay who obviously did not "get the word." Already sold 8 sets at similar prices.
eBay link
<< <i>Fidelitrade,, what is the price of a set? >>
Safe to assume they will charge the max allowed.
Since the mint is not specifying the "Reasonable shipping and handling fee"....we've seen what AP's think is reasonable.
So for them....$500 s/h
<< <i>spot + 9.95 + 10% + Reasonable Shipping and handling fee
Since the mint is not specifying the "Reasonable shipping and handling fee"....we've seen what AP's think is reasonable.
So for them....$500 s/h >>
Is that so ... how about letting us know which AP charged that for s&h.
FloridaBill
<< <i>While all these other bullion companies are accepting orders and taking numbers....the silence out of APMEX makes you wonder....they were so quick to jump in the saddle on Dec 3rd ....but are still waiting for an "official press release from USM"???? at least this is what i was told.... >>
Once bitten, twice shy!
Here's the numbers of the representatives
Michael Castle; DE Phone: 202-225-4165
Charles Gonzales; TX Phone: 202-225-3236
Raul Grijalva; AZ Phone: 202-225-2435
Luis Gutierrez; IL Phone: 202-225-8203
Carolyn Maloney; NY Phone: 202-225-7944
Joe Sestak; PA Phone: 202-225-2011
Betty Sutton; OH Phone: 202-225-3401
Exactly! I mailed a business check for 2 sets a couple of weeks ago. I also checked my bank account online and it was deposited by APMEX almost 2 weeks ago. With the new limits/restrictions imposed by the US Mint, I called APMEX asking how they are going to work that, if I would be getting a refund check from them for the difference, etc. They didn't know anything yet!! All they told me was they would be releasing a statement sometime this week regarding the ATB 5-oz coins. I mentioned the fact that I am losing out in interest, etc on my money while they hold it until they make a decision. They didn't seem to care.
If anyone knows more about how they are going to handle order limits, refunds, etc. please post it. Thanks!
<< <i>Call all the congressmen/women that co-sponsored this bill H.R. 6184, back in 2008, and tell them to amend the legislation and extend the time limits placed on the mint for sale/production/distribution of these coins.
Here's the numbers of the representatives
Michael Castle; DE Phone: 202-225-4165
Charles Gonzales; TX Phone: 202-225-3236
Raul Grijalva; AZ Phone: 202-225-2435
Luis Gutierrez; IL Phone: 202-225-8203
Carolyn Maloney; NY Phone: 202-225-7944
Joe Sestak; PA Phone: 202-225-2011
Betty Sutton; OH Phone: 202-225-3401 >>
...... could we get some 2009 Silver American Eagle Proof coins made, while they're at it ?
HE>I
<< <i>APMEX is holding a lot of money in payments for multiple sets. They need to do something soon........
Exactly! I mailed a business check for 2 sets a couple of weeks ago. I also checked my bank account online and it was deposited by APMEX almost 2 weeks ago. With the new limits/restrictions imposed by the US Mint, I called APMEX asking how they are going to work that, if I would be getting a refund check from them for the difference, etc. They didn't know anything yet!! All they told me was they would be releasing a statement sometime this week regarding the ATB 5-oz coins. I mentioned the fact that I am losing out in interest, etc on my money while they hold it until they make a decision. They didn't seem to care.
If anyone knows more about how they are going to handle order limits, refunds, etc. please post it. Thanks! >>
The interest you're losing is negligible. (2 or 3 bucks on a single set?) When all the orders are added up though, their float can add up quickly.
<< <i>APMEX is holding a lot of money in payments for multiple sets. They need to do something soon........
>>
Yes, I am also quite disappointed by the action (or inaction) they took over the last twelve days.
It is a second strike to me.
<< <i>
<< <i>APMEX is holding a lot of money in payments for multiple sets. They need to do something soon........
>>
Yes, I am also quite disappointed by the action (or inaction) they took over the last twelve days.
It is a second strike to me. >>
Agreed. Considering they've actually charged us for the coins, it seems that it's only right to keep us out of the dark at least a little.
<< <i>
<< <i>
<< <i>APMEX is holding a lot of money in payments for multiple sets. They need to do something soon........
>>
Yes, I am also quite disappointed by the action (or inaction) they took over the last twelve days.
It is a second strike to me. >>
Agreed. Considering they've actually charged us for the coins, it seems that it's only right to keep us out of the dark at least a little. >>
AMPEX should never have charged for the coins until they shipped them to the buyers.
<< <i>
<< <i>APMEX is holding a lot of money in payments for multiple sets. They need to do something soon........
Exactly! I mailed a business check for 2 sets a couple of weeks ago. I also checked my bank account online and it was deposited by APMEX almost 2 weeks ago. With the new limits/restrictions imposed by the US Mint, I called APMEX asking how they are going to work that, if I would be getting a refund check from them for the difference, etc. They didn't know anything yet!! All they told me was they would be releasing a statement sometime this week regarding the ATB 5-oz coins. I mentioned the fact that I am losing out in interest, etc on my money while they hold it until they make a decision. They didn't seem to care.
If anyone knows more about how they are going to handle order limits, refunds, etc. please post it. Thanks! >>
The interest you're losing is negligible. (2 or 3 bucks on a single set?) When all the orders are added up though, their float can add up quickly. >>
Actually I think what Geoman is really losing is the loss of the use of his money. I'm pretty sure while APMEX holds his money, he could have reinvested in other inventory which could have been sold. Anyone that owns a retail shop will tell you the opportunity to buy and sell bullion is pretty big and with a chunk of available cash tied up for no reason, he is losing money everyday. Opportunity cost, not interest earned by a loss in my mind.
Yes, I agree with you on the float. Nice little wind fall for them.
Please visit my website Millcitynumismatics.com
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>Time for another cup of Java. Still no email from APMEX.
There is one seller on eBay who obviously did not "get the word." Already sold 8 sets at similar prices.
eBay link >>
As of a couple of days ago I had the sets sold by this seller at 23!!!!!
...and he is still selling??????WTF??????
Someone is gonna disappear soon with some significant cash in his pockets
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market....
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market.... >>
Socialism at it's finest.
<< <i>
<< <i>Time for another cup of Java. Still no email from APMEX.
There is one seller on eBay who obviously did not "get the word." Already sold 8 sets at similar prices.
eBay link >>
As of a couple of days ago I had the sets sold by this seller at 23!!!!!
...and he is still selling??????WTF??????
Someone is gonna disappear soon with some significant cash in his pockets >>
I just actually read the listing.....get this:
I HAVE SECURED MY ORDERS WITH MY SUPPLIER AND AS SOON I GET THEM,THEY WILL SHIP OUT ASAP IN THE ORDER THEY HAVE BEEN BOUGHT !!
So his "supplier" can get him 25 or so sets????
<< <i>
<< <i>Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market.... >>
Socialism at it's finest.
I actually don't mind something like this, for any country, if an issue is considered "hot".
If I collected Korean coins, and they had a low mintage item, and it was 1 per, then I would be ok with Koreans getting it first.
Same for Japan/China/Canada/etc.
Particularly if it were for something "patriotic". As long as it is from a country's own national mint, then I don't see an issue.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market.... >>
What is the source of this, please?
TD
<< <i>
<< <i>Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market.... >>
What is the source of this, please?
TD >>
Tom.....I'm not enough of a source for you on this? You don't think I would make it up, do you?
Linda, at Fidelitrade, told me they just got that one today.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Sounds like the USMint issued the APs a new stipulation....
"The APs may only sell these to the American public" is what I was just told. So, if you are calling from Canada/Japan/Timbuktu, you will have to get these on the secondary market.... >>
The USM stipulations from last week only said "the public" not "the American public." If there's a new press release, please post the link!
And besides, there are some APs that are located abroad. Though whether they're carrying the coins or not is an entirely different story.
Seller- thebigeng; morgansforever; bolivarshagnasty
Buyer-nibanny; derryb; zubie; smittys; konsole; tootawl; socalbigmark; fullcameo; coinkid855
<< <i>I just got on the list with fidelitrade. Linda was nice but overwhelmed. She said there was around 700-800 on the list already........ >>
Only 2200-2300 to go
<< <i>
<< <i>
<< <i>APMEX is holding a lot of money in payments for multiple sets. They need to do something soon........
Exactly! I mailed a business check for 2 sets a couple of weeks ago. I also checked my bank account online and it was deposited by APMEX almost 2 weeks ago. With the new limits/restrictions imposed by the US Mint, I called APMEX asking how they are going to work that, if I would be getting a refund check from them for the difference, etc. They didn't know anything yet!! All they told me was they would be releasing a statement sometime this week regarding the ATB 5-oz coins. I mentioned the fact that I am losing out in interest, etc on my money while they hold it until they make a decision. They didn't seem to care.
If anyone knows more about how they are going to handle order limits, refunds, etc. please post it. Thanks! >>
The interest you're losing is negligible. (2 or 3 bucks on a single set?) When all the orders are added up though, their float can add up quickly. >>
Actually I think what Geoman is really losing is the loss of the use of his money. I'm pretty sure while APMEX holds his money, he could have reinvested in other inventory which could have been sold. Anyone that owns a retail shop will tell you the opportunity to buy and sell bullion is pretty big and with a chunk of available cash tied up for no reason, he is losing money everyday. Opportunity cost, not interest earned by a loss in my mind.
Yes, I agree with you on the float. Nice little wind fall for them. >>
I understand opportunity cost, but if you're planning on holding the set and not flipping it, then there is no loss.
<< <i>Based on a conversation I had with their customer service department, I have a feeling their CEO is out this week. >>
He might be out for longer than a week if he was the person that made the decision to presell at 1400 a set. By not waiting until the sets were in hand, somone cost ampex and other APs a fortune when the mint pullled the coins and set new rules.
"We received the communication from the US Mint last Thursday afternoon and we will issue a statement this week."
Loves me some shiny!
<< <i>
<< <i>Based on a conversation I had with their customer service department, I have a feeling their CEO is out this week. >>
He might be out for longer than a week if he was the person that made the decision to presell at 1400 a set. By not waiting until the sets were in hand, somone cost ampex and other APs a fortune when the mint pullled the coins and set new rules. >>
You may be right, but the delicious irony is that the $1395 figure turned out to be less than everybody else made their initial offering at.
TD
<< <i>
<< <i>
<< <i>Based on a conversation I had with their customer service department, I have a feeling their CEO is out this week. >>
He might be out for longer than a week if he was the person that made the decision to presell at 1400 a set. By not waiting until the sets were in hand, somone cost ampex and other APs a fortune when the mint pullled the coins and set new rules. >>
You may be right, but the delicious irony is that the $1395 figure turned out to be less than everybody else made their initial offering at.
TD >>
I did not know that Captain, I was only aware of AMPEX preselling and somone I had not heard off, Monaco? coins. Or were you talking about Ebay presales?
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment