<< <i>Do you really think this issue is tied to the price of the metal ??? >>
For someone ordering 1 Coin for themslf - no. But say someone has a large position , several orders of 50, and they are aware of the predictions of $900 gold. Maybe that person, anticipating poor flipper sales, might cancel back a bit.
The last Gold Coin, the $5 McArther coin , sold around 5,658. If this HOF $5 BU sells 17,000 will that be too many ?
Anyway I'd suggest for anyone waiting for a stroke of luck, if they're on the list, wait it out. Gold is dropping. Maybe there will be cancelations.
<< <i>Raufus - Again congratulations to you and Cole. It is great that a forum member is the first buyer of the coin.
Of the 200 gold coins, what percentage was proof vs unc? >>
Thanks so much!!
Just priceless. He is SO excited. His grandparents and the family are as well.
I believe that those at the show were a 50/50 split. They noted that many are not yet minted as the ratio will depend on orders.
The silver uncs lasted longer than the proofs.
I was amazed at how many didn't buy the full allotment at the show initially.
It was not long before the dealers cases the lines and approached anyone with a Mint bag offering $750 - $1000 over cost for the max allotment.
It was bizarre to see dealers approach my 12 year old son offering him "enough money to buy 2,3,4 more gold coins" in exchange for the first with the "first sold" signed COA. I can understand approaching adults, but a 12 yo?
<<It was bizarre to see dealers approach my 12 year old son offering him "enough money to buy 2,3,4 more gold coins" in exchange for the first with the "first sold" signed COA. I can understand approaching adults, but a 12 yo? >
I see your point, must of been surreal to be offered a hefty sum right out of the gate. Any plans on selling if one offered a ridiculous amount of money? $20k?
<< <i>My backorder date for the gold pieces has been pushed out from 4/10 to 6/15. Silver still at 4/10. I'm pretty certain gold has been sold out. >>
I just ordered another 50 gold pieces (Uncs this time) about 5 minutes ago (3:12 PM PST). Order went through and says "Backordered 04/11/14". However, I do not trust their website, and I am not counting on anything. >>
numisma: Whats your last order number so we can guess at the total orders since the noon start? Earliest posted that I see is by erickso1 of 42918xxx at 12:05. Mine at 12:20 was 42920xxx which would be 2000 something orders. My earlier calculation about 5:11 was 31,000 + the 2,000 orders before mine would be about 33,000 orders at that time. >>
<< <i>My backorder date for the gold pieces has been pushed out from 4/10 to 6/15. Silver still at 4/10. I'm pretty certain gold has been sold out. >>
I just ordered another 50 gold pieces (Uncs this time) about 5 minutes ago (3:12 PM PST). Order went through and says "Backordered 04/11/14". However, I do not trust their website, and I am not counting on anything. >>
numisma: Whats your last order number so we can guess at the total orders since the noon start? Earliest posted that I see is by erickso1 of 42918xxx at 12:05. Mine at 12:20 was 42920xxx which would be 2000 something orders. My earlier calculation about 5:11 was 31,000 + the 2,000 orders before mine would be about 33,000 orders at that time. >>
2:10 PST order is 42951xxx
3:12 PST order is 42956xxx >>
38,000 approximate orders from the earliest reported to your 3:12 order (6:12 EST or 6 hours 7 minutes) 5,000 just between you 2:10 order and 3:12. What do you think your chances are of having that 3:12 order go through?
I didn't believe the gold Baseball HOF could be sold out already but I just checked the Mint's website and it says:
"Waiting List Notice: The number of orders we have taken meets the maximum limit for the 2014 National Baseball Hall of Fame Proof $5 Gold Coin. You may still place an order for this product, which will go on a waiting list. If a product becomes available because of an order cancellation, we will fulfill orders from the waiting list on a first-come, first-served basis. We cannot provide information about your position on the waiting list. When we place your order on the waiting list, we will send you an order receipt. This is not a guarantee that you will receive your order. If we are unable to fulfill part or all of your order, you will receive a cancellation or sold-out notification. If you paid by check, you will receive a refund. If paying by credit card, please be sure your credit card information remains current to avoid any delays in processing your order. If your credit card has expired by the time of shipment, your order will be cancelled."
Wow! Still hard to believe!
Ordered mine at 2:20PM PDT today and email confirmation says "Backordered 04/11/14".
I never thought that growing old would happen so fast. - Jim
38,000 approximate orders from the earliest reported to your 3:12 order (6:12 EST or 6 hours 7 minutes) 5,000 just between you 2:10 order and 3:12. What do you think your chances are of having that 3:12 order go through?
I would think the chances are slim. The number of orders to not account for the quantities. I ordered 50 of each $5 gold piece -- 100 total, so if many other dealers did the same that would eat up the supply quickly. (this is for a business, not for me personally)
Personally, I think that the Mint's limits were set too high. Should have been 5 coins per household for each product, then after a certain date they could remove the limits.
<< <i>38,000 approximate orders from the earliest reported to your 3:12 order (6:12 EST or 6 hours 7 minutes) 5,000 just between you 2:10 order and 3:12. What do you think your chances are of having that 3:12 order go through?
I would think the chances are slim. The number of orders to not account for the quantities. I ordered 50 of each $5 gold piece -- 100 total, so if many other dealers did the same that would eat up the supply quickly. (this is for a business, not for me personally)
Personally, I think that the Mint's limits were set too high. Should have been 5 coins per household for each product, then after a certain date they could remove the limits. >>
+1. Allowing one person to order of 50 of the gold means a thousand orders could eat up the entire gold mintage. Back in '09 they originally limited the UHRs to one per household. And that was, as I recall, a coin with no pre-set mintage cap.
"Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
<< <i>Personally, I think that the Mint's limits were set too high. Should have been 5 coins per household for each product, then after a certain date they could remove the limits. >>
I have to agree Dennis. All those 50 max orders will inevitably shut out the little guys like many of the forum members who didn't get an order in in time today.
"Inspiration exists, but it has to find you working" Pablo Picasso
<< <i>Personally, I think that the Mint's limits were set too high. Should have been 5 coins per household for each product, then after a certain date they could remove the limits. >>
5 would be the max for me. I'm more in 1 or 2 limit on the first day. Second day could be 5. There after a higher limit. This way the general collector has a chance. And plenty left for dealers such as your self.
<< <i>There's been quite a buzz about these. Kinda' refreshing. >>
I agree. First Saddle Ridge now this.
Now I'm curious to see what the BST will look like in the morning. >>
Ironic that u say that: Sadfdle Ridge display - coins, cans and stick - was right next to Mint. Fantastic. Have pics. Can post tomorrow if anyone is interested.
One dealer could have had a network of people ordering, hundreds/thousands of pieces could be in the hands of one individual. Multiply that by hundreds of ordering networks. I have a gut feeling I'm on the outside looking in
I was working all day and didn't have a chance to order until I got home tonight. So looks like I'm out of luck, I definitely will not pay the scalper prices on ebay either.
Just for laughs, moments ago I placed an order for the Gold Unc and received the order # & confirmation email. When I look at my account the order is not there nor when I logout & search using my order # and last name.
Successful BSTs with adriana, barrytrot, Bochiman, Dabigkahuna, Modern Coin Mart, oilstates2003, terburn88, THEGENERAL, treybenedict
<< <i>One dealer could have had a network of people ordering, hundreds/thousands of pieces could be in the hands of one individual. Multiply that by hundreds of ordering networks. I have a gut feeling I'm on the outside looking in >>
If it's anything like when the 2010 ATBs went on sale, I can guarantee you that the Satmars will have cornered the HoF coin market already.
Successful BSTs with adriana, barrytrot, Bochiman, Dabigkahuna, Modern Coin Mart, oilstates2003, terburn88, THEGENERAL, treybenedict
<< <i>Just for laughs, moments ago I placed an order for the Gold Unc and received the order # & confirmation email. When I look at my account the order is not there nor when I logout & search using my order # and last name. >>
Don't feel alone on that Don 9 of my 10 orders are in the same condition and I was on the computer from 10 minutes of 12 today and did not get my first order in until 1:15.
<< <i>I just went on Mint set, ordered all coins and it went through fine. No "sold out" message. It just says "backordered". No waiting room either. >>
Comparing the tiny McArthur mintages to these coins is a useless endeavor. The demand for the HOF gold coins is 10,000x more than McArthur ever was. People had 10 months to buy the McArthur coins and still passed.
Neither finish HOF gold coin will be close to a key date mintage wise but demand will put them among the keys to the series for years to come. I think I said it before, they're an instant classic.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
Can you imagine if any significant portion of the new crossover baseball fan buyers of these coins decide to purchase some coins minted more than a few months ago?
Maybe real numismatics has a future after all. It wouldn't take many. Or do you think most of them are going to be one-and-done?
FWIW my order for silver at 12:43 PST shows on hold while my order for gold three minutes later does not show at all in my order history. Got the email of course but no such proof on the web site.
I stayed in line in Baltimore for almost 3 and a half hours. I was one of the last people to get a gold proof and gold UNC. What was really strange was that they sol out of the silver UNC. I would have bet that the silver proof was going to sell out first.
PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
<< <i>I stayed in line in Baltimore for almost 3 and a half hours. I was one of the last people to get a gold proof and gold UNC. What was really strange was that they sol out of the silver UNC. I would have bet that the silver proof was going to sell out first. >>
I was in the online line for 2.5 hours and thankfully my legs did not get tired.
I hope they have fun sorting this mess out. One thing is for sure, coin vault will have plenty of coins to sell Monday both graded and ungraded while the rest of us are sucking seawater.
<< <i>I stayed in line in Baltimore for almost 3 and a half hours. I was one of the last people to get a gold proof and gold UNC. What was really strange was that they sol out of the silver UNC. I would have bet that the silver proof was going to sell out first. >>
I was in the online line for 2.5 hours and thankfully my legs did not get tired. >>
My legs did not get tired but my lower back was YELLING AT ME!!! Once I got to sit down for a dew minutes, I was OK. I only got possession of most of the coins for maybe 10 minutes as I went to PCGS to get them graded and to get the special Baltimore label. I don't care about the label but from previous experience, special labels go for mo money!
PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
I haven't bought coins in a long time; it Sucks to have missed out on these. All I wanted was one for each daughter of mine (2) who play baseball.... and then there's all these posts about people ordering FIFTY? Jeez.
Just checked Ebay. There are 225 current auctions for the HOF coins. I wonder how many are for coins that people have in hand versus ordered and not received. Makes me curious how many will be on auction Sunday once PCGS and NGC slabs the coins with special labels.
PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
Raufus your son has hit it really big! Many very successful people have had positive events like this happen to them and they have gone on do really great things. Im sure with time and research a person could come up with many examples but the one that comes to my mind is Bill Clinton in a photo with John F Kennedy. And look where Clinton ended up - President of the USA is darn big no matter if there were distractions.
Your son is into Coins and Baseball and probably a lot of other things too. He is a happy and very photogenic young man that seems to posess a good amount of charisma. All very good qualities that set him on the path to happiness and achievement.
Im rooting for your young guy to go on and have a great life. He will have this big event to hold as a good time in his life which certainly will be a confidence booster. Keep up the great work you're doing in raising a fine young man.
Letting him skip school for a grand time with Coins , Celebs , and the HOF was really a super cool thing to do.
Then say "Thanks for taking an interest and ordering. We really don't have many ready to sell at the moment. We'll get back with you in a couple of months."
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
Comments
<< <i>Do you really think this issue is tied to the price of the metal ??? >>
For someone ordering 1 Coin for themslf - no. But say someone has a large position , several orders of 50, and they are aware
of the predictions of $900 gold. Maybe that person, anticipating poor flipper sales, might cancel back a bit.
The last Gold Coin, the $5 McArther coin , sold around 5,658. If this HOF $5 BU sells 17,000 will that be too many ?
Anyway I'd suggest for anyone waiting for a stroke of luck, if they're on the list, wait it out. Gold is dropping. Maybe there will be
cancelations.
2014 Baseball coin on ebay
2014 Baseball Gold Coin Unc on eBay
Only 200 gold at Baltimore. If no more will be pretty rare in show label.
Of the 200 gold coins, what percentage was proof vs unc?
<< <i>Raufus - Again congratulations to you and Cole. It is great that a forum member is the first buyer of the coin.
Of the 200 gold coins, what percentage was proof vs unc? >>
Thanks so much!!
Just priceless. He is SO excited. His grandparents and the family are as well.
I believe that those at the show were a 50/50 split. They noted that many are not yet minted as the ratio will depend on orders.
The silver uncs lasted longer than the proofs.
I was amazed at how many didn't buy the full allotment at the show initially.
It was not long before the dealers cases the lines and approached anyone with a Mint bag offering $750 - $1000 over cost for the max allotment.
It was bizarre to see dealers approach my 12 year old son offering him "enough money to buy 2,3,4 more gold coins" in exchange for the first with the "first sold" signed COA. I can understand approaching adults, but a 12 yo?
Cole and the first set sold...
Mint Display
Our Gang
So happy you both got to experience it.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
<< <i>There's been quite a buzz about these. Kinda' refreshing. >>
I agree. First Saddle Ridge now this.
Now I'm curious to see what the BST will look like in the morning.
"Inspiration exists, but it has to find you working" Pablo Picasso
I see your point, must of been surreal to be offered a hefty sum right out of the gate. Any plans on selling if one offered a ridiculous amount of money? $20k?
<< <i>First Baseball coins for sale on eBay (not mine):
2014 Baseball coin on ebay
2014 Baseball Gold Coin Unc on eBay >>
Some of these were on eBay three days ago, believe it or not.
I ordered this morning...I got a number so I "assume" it went through...I don't order from them very often so I'm not certain.
jom
<< <i>
<< <i>
<< <i>My backorder date for the gold pieces has been pushed out from 4/10 to 6/15. Silver still at 4/10. I'm pretty certain gold has been sold out. >>
I just ordered another 50 gold pieces (Uncs this time) about 5 minutes ago (3:12 PM PST). Order went through and says "Backordered 04/11/14". However, I do not trust their website, and I am not counting on anything. >>
numisma:
Whats your last order number so we can guess at the total orders since the noon start?
Earliest posted that I see is by erickso1 of 42918xxx at 12:05. Mine at 12:20 was 42920xxx which would be 2000 something orders. My earlier calculation about 5:11 was 31,000 + the 2,000 orders before mine would be about 33,000 orders at that time. >>
2:10 PST order is 42951xxx
3:12 PST order is 42956xxx
<< <i>
<< <i>
<< <i>
<< <i>My backorder date for the gold pieces has been pushed out from 4/10 to 6/15. Silver still at 4/10. I'm pretty certain gold has been sold out. >>
I just ordered another 50 gold pieces (Uncs this time) about 5 minutes ago (3:12 PM PST). Order went through and says "Backordered 04/11/14". However, I do not trust their website, and I am not counting on anything. >>
numisma:
Whats your last order number so we can guess at the total orders since the noon start?
Earliest posted that I see is by erickso1 of 42918xxx at 12:05. Mine at 12:20 was 42920xxx which would be 2000 something orders. My earlier calculation about 5:11 was 31,000 + the 2,000 orders before mine would be about 33,000 orders at that time. >>
2:10 PST order is 42951xxx
3:12 PST order is 42956xxx >>
38,000 approximate orders from the earliest reported to your 3:12 order (6:12 EST or 6 hours 7 minutes) 5,000 just between you 2:10 order and 3:12.
What do you think your chances are of having that 3:12 order go through?
"Waiting List Notice: The number of orders we have taken meets the maximum limit for the 2014 National Baseball Hall of Fame Proof $5 Gold Coin. You may still place an order for this product, which will go on a waiting list. If a product becomes available because of an order cancellation, we will fulfill orders from the waiting list on a first-come, first-served basis. We cannot provide information about your position on the waiting list. When we place your order on the waiting list, we will send you an order receipt. This is not a guarantee that you will receive your order. If we are unable to fulfill part or all of your order, you will receive a cancellation or sold-out notification. If you paid by check, you will receive a refund. If paying by credit card, please be sure your credit card information remains current to avoid any delays in processing your order. If your credit card has expired by the time of shipment, your order will be cancelled."
Wow! Still hard to believe!
Ordered mine at 2:20PM PDT today and email confirmation says "Backordered 04/11/14".
- Jim
<< <i>Mint Crew
Cole and the first set sold...
Mint Display
Our Gang >>
That's pretty cool. Thanks for the pic.s
<< <i>Mint Crew
Cole and the first set sold...
Mint Display
Our Gang >>
Cole on Fox 45 News!
38,000 approximate orders from the earliest reported to your 3:12 order (6:12 EST or 6 hours 7 minutes) 5,000 just between you 2:10 order and 3:12.
What do you think your chances are of having that 3:12 order go through?
I would think the chances are slim. The number of orders to not account for the quantities. I ordered 50 of each $5 gold piece -- 100 total, so if many other dealers did the same that would eat up the supply quickly. (this is for a business, not for me personally)
Personally, I think that the Mint's limits were set too high. Should have been 5 coins per household for each product, then after a certain date they could remove the limits.
<< <i>38,000 approximate orders from the earliest reported to your 3:12 order (6:12 EST or 6 hours 7 minutes) 5,000 just between you 2:10 order and 3:12.
What do you think your chances are of having that 3:12 order go through?
I would think the chances are slim. The number of orders to not account for the quantities. I ordered 50 of each $5 gold piece -- 100 total, so if many other dealers did the same that would eat up the supply quickly. (this is for a business, not for me personally)
Personally, I think that the Mint's limits were set too high. Should have been 5 coins per household for each product, then after a certain date they could remove the limits. >>
+1. Allowing one person to order of 50 of the gold means a thousand orders could eat up the entire gold mintage. Back in '09 they originally limited the UHRs to one per household. And that was, as I recall, a coin with no pre-set mintage cap.
<< <i>Personally, I think that the Mint's limits were set too high. Should have been 5 coins per household for each product, then after a certain date they could remove the limits. >>
I have to agree Dennis.
All those 50 max orders will inevitably shut out the little guys like many of the forum members who didn't get an order in in time today.
"Inspiration exists, but it has to find you working" Pablo Picasso
<< <i>Personally, I think that the Mint's limits were set too high. Should have been 5 coins per household for each product, then after a certain date they could remove the limits. >>
5 would be the max for me. I'm more in 1 or 2 limit on the first day. Second day could be 5. There after a higher limit. This way the general collector has a chance. And plenty left for dealers such as your self.
<< <i>
<< <i>There's been quite a buzz about these. Kinda' refreshing. >>
I agree. First Saddle Ridge now this.
Now I'm curious to see what the BST will look like in the morning.
Ironic that u say that: Sadfdle Ridge display - coins, cans and stick - was right next to Mint. Fantastic. Have pics. Can post tomorrow if anyone is interested.
Partner @Gold Hill Coin
<< <i>One dealer could have had a network of people ordering, hundreds/thousands of pieces could be in the hands of one individual. Multiply that by hundreds of ordering networks. I have a gut feeling I'm on the outside looking in
If it's anything like when the 2010 ATBs went on sale, I can guarantee you that the Satmars will have cornered the HoF coin market already.
<< <i>Just for laughs, moments ago I placed an order for the Gold Unc and received the order # & confirmation email. When I look at my account the order is not there nor when I logout & search using my order # and last name. >>
Don't feel alone on that Don 9 of my 10 orders are in the same condition and I was on the computer from 10 minutes of 12 today and did not get my first order in until 1:15.
<< <i>I just went on Mint set, ordered all coins and it went through fine. No "sold out" message. It just says "backordered". No waiting room either. >>
Ah yes, perchance to dream.
Neither finish HOF gold coin will be close to a key date mintage wise but demand will put them among the keys to the series for years to come. I think I said it before, they're an instant classic.
<< <i>So, if the orders aren't fulfilled, does that mean "No Bags For You!"? >>
I got a chance to get 10 bags. That makes my day!
<< <i>
<< <i>So, if the orders aren't fulfilled, does that mean "No Bags For You!"? >>
I got a chance to get 10 bags. That makes my day! >>
10 bags! I'm jelly.
Maybe real numismatics has a future after all. It wouldn't take many. Or do you think most of them are going to be one-and-done?
Liberty: Parent of Science & Industry
<< <i>I stayed in line in Baltimore for almost 3 and a half hours. I was one of the last people to get a gold proof and gold UNC. What was really strange was that they sol out of the silver UNC. I would have bet that the silver proof was going to sell out first. >>
I was in the online line for 2.5 hours and thankfully my legs did not get tired.
<< <i>
<< <i>I stayed in line in Baltimore for almost 3 and a half hours. I was one of the last people to get a gold proof and gold UNC. What was really strange was that they sol out of the silver UNC. I would have bet that the silver proof was going to sell out first. >>
I was in the online line for 2.5 hours and thankfully my legs did not get tired. >>
My legs did not get tired but my lower back was YELLING AT ME!!! Once I got to sit down for a dew minutes, I was OK. I only got possession of most of the coins for maybe 10 minutes as I went to PCGS to get them graded and to get the special Baltimore label. I don't care about the label but from previous experience, special labels go for mo money!
I had not read the middle of this thread until now.
I just wanted to say thanks so much for all of the wonderful comments.
I'll share them with Cole tomorrow. Such an amazing day for him - and for my wife and I.
I am most grateful for such community.
R-
and they have gone on do really great things. Im sure with time and research a person could come up with many
examples but the one that comes to my mind is Bill Clinton in a photo with John F Kennedy. And look where Clinton
ended up - President of the USA is darn big no matter if there were distractions.
Your son is into Coins and Baseball and probably a lot of other things too. He is a happy and very photogenic young
man that seems to posess a good amount of charisma. All very good qualities that set him on the path to happiness
and achievement.
Im rooting for your young guy to go on and have a great life. He will have this big event to hold as a good time in his life
which certainly will be a confidence booster. Keep up the great work you're doing in raising a fine young man.
Letting him skip school for a grand time with Coins , Celebs , and the HOF was really a super cool thing to do.
Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum
Big ramp up promotion. Take orders.
Then say "Thanks for taking an interest and ordering. We really don't have many ready to sell at the moment. We'll get back with you in a couple of months."
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress