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US Mint notification.....

AUandAGAUandAG Posts: 25,052 ✭✭✭✭✭
I'm sure everyone here gets their "Last Chance" notifications, as I did today. Now, how is it
that they never put anything on "sale" with a reduced price to get rid of stock? After all, they
are just a big retail outlet, right? So, rather than give a discount at the end they would rather
just throw the leftovers into the melt pot?

I just don't understand their marketing. Drop the $5 gold to $499 and $475 for the proof and
uncirculated Star Spangled Banner coins, would encourage buyers and still assure at least a
break even if not a small profit.

Just a rant....

Move on to real things, please!

bobimage
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com

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    19Lyds19Lyds Posts: 26,524 ✭✭✭✭


    << <i>I'm sure everyone here gets their "Last Chance" notifications, as I did today. Now, how is it
    that they never put anything on "sale" with a reduced price to get rid of stock? After all, they
    are just a big retail outlet, right? So, rather than give a discount at the end they would rather
    just throw the leftovers into the melt pot?

    I just don't understand their marketing. Drop the $5 gold to $499 and $475 for the proof and
    uncirculated Star Spangled Banner coins, would encourage buyers and still assure at least a
    break even if not a small profit.

    Just a rant....

    Move on to real things, please!

    bobimage >>

    IF they did such a thing, the folks who bought at the higher price would scream to high heaven and more than likely initiate legal proceedings to get some type of a refund.

    Buyers are just as weird as the US Mint.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    BeeManBeeMan Posts: 365 ✭✭✭
    Why are they still selling 2011 dated product? That should have gone to the melting pot a year ago.
    Watch the mirror count the lines
    The battle scars of all the good times
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    mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>Why are they still selling 2011 dated product? That should have gone to the melting pot a year ago. >>



    It's the government...why ask why!
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
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    jessewvujessewvu Posts: 5,087 ✭✭✭✭✭
    Prices are based on spot aren't they? I can't imagine people would get upset of they went on sale.

    Do other big mints put items in legitimate sales?
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    AUandAGAUandAG Posts: 25,052 ✭✭✭✭✭
    IF they did such a thing, the folks who bought at the higher price would scream to high heaven and more than likely initiate legal proceedings to get some type of a refund.

    Buyers are just as weird as the US Mint. >>



    No, don't think this is so. What about those first strike collectors or those not wanting to risk the item
    selling out before it goes on sale. Many that waited for a sale my just lose out completely.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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    19Lyds19Lyds Posts: 26,524 ✭✭✭✭


    << <i>IF they did such a thing, the folks who bought at the higher price would scream to high heaven and more than likely initiate legal proceedings to get some type of a refund.

    Buyers are just as weird as the US Mint. >>



    No, don't think this is so. What about those first strike collectors or those not wanting to risk the item
    selling out before it goes on sale. Many that waited for a sale my just lose out completely.

    bobimage >>

    Uhhhh......seems to me that a "Last Chance" sale would specifically exclude First Strike™ collectors. Or did I miss what you were saying? image
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    OPAOPA Posts: 17,171 ✭✭✭✭✭


    << <i>Why are they still selling 2011 dated product? That should have gone to the melting pot a year ago. >>



    Because they can...probably the same reason why they are still selling 2010 Lincoln cent rolls
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    19Lyds19Lyds Posts: 26,524 ✭✭✭✭
    It seems to me that the "Collector Coins" produced by the US Mint are treated differently with different rules than the circulating coinage.

    Remember when they re-released the 2001 Kennedy Rolls? I took a bath on that one!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    OverdateOverdate Posts: 7,320 ✭✭✭✭✭
    << .....seems to me that a "Last Chance" sale would specifically exclude First Strike™ collectors. >>

    You're right, we need a Last Chance™ label for those who missed out on the First Strike™! image

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    AUandAGAUandAG Posts: 25,052 ✭✭✭✭✭


    << <i><< .....seems to me that a "Last Chance" sale would specifically exclude First Strike™ collectors. >>

    You're right, we need a Last Chance™ label for those who missed out on the First Strike™! image >>



    Come now, I really was being serious. They do have room to sell below the initial offering price and
    still produce a profit. Kind of like when the new Cell Phone comes out and everyone gets on the band
    wagon and signs up but 6 months later they are 30% less. If you had waited you would miss out
    on any first strike labels and maybe on the frenzy grading and sell on ebay throngs, but then you
    would be able to save a few bucks and get a nice example for the old collection.

    Take heed, Mint, put items on sale! Reduce the prices when sales slow or drop off the cliff!

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com

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