I remember from a couple years ago some explained that if the coin was still in production, they would mint more for replacements. They would destroy any extras and the mintage would be within limits. If production has ceased, then there would be no replacements unless suitable quality returns were available. They would issue refunds. That could result in lower than authorized mintages.
It's my understanding that returns are not shipped out again...looking for the exact policy if anybody has that. Also that a certain percentage is overproduced to account for damaged returns. Once the program is deemed completed any remaining stock is destroyed.
Well this is odd. The silver dollars i ordered about 12 hours after they were waitlisted were showing a shipping date of 10 July. However i jst noticed that the shipping is now June 26...which is of course long and gone.
So for all of June there were a total of 4181 silver cancels (and the June 1st numbers are really May's orders), which means they're still oversold by 32,000. The number of gold cancels stands at 284 for June and is still oversold by 10,600.
<< <i>Well this is odd. The silver dollars i ordered about 12 hours after they were waitlisted were showing a shipping date of 10 July. However i jst noticed that the shipping is now June 26...which is of course long and gone. >>
My silver unc's from the 3/28, 3/29 time period went ISAR. They're the final coins to be shipped from those orders. My gold proof, clads and silver proofs all shipped.
I do have an silver order from April 7 (close to sell out) that's still backordered:
2014 BASEBALL HOF SILVER PROOF 2 $51.95 $103.90 2 units backordered. Expected to ship on 06/12/2014. 2014 BASEBALL HOF SILVER UNC 2 $47.95 $95.90 2 units backordered. Expected to ship on 07/03/2014.
What I am watching is the total number of auctions for gold and silver HOF coins. As soon as the forced sellers with CC bills due stop selling and the selling pressure diminishes I expect prices to improve. In the mean time my extra coins remain in sealed Mint boxes. This site is responsible for some of this flipper mentality. In the years I have been a member of this site I have seen many newbies show up knowing nothing about coins who decide it's easy to become a flipper/vest pocket dealer after reading some threads. Many disappear never to be heard from again.
One thing these HOF coins have over the Silver Buffalos is that is a unique, one time design, whereas the silver buffalos are not a one time design with all the gold buffalos out there. So this may help the HOF coins in the long run, much like the gold UHRs were a unique design.
The 2001 Silver Buffalos did well until the gold buffalos came out in 06. The silver buffalo was no longer a one time, unique design for moderns which effected their worth.
<< <i>The gold coins sold out so there couldn't be any exchanges bc they don't have any more. >>
The USM in the past ALWAYS held back some stock for exchanges. >>
Not ALWAYS, in 2008 I sent back three 1/2 oz Buffalos that had a bad scratch in the same place. I ask for an exchange but got a refund bc they didn't have them. When you buy large quantities of coins from the Mint you quickly find out about their quality control.
BTW, the Mint will always have a return policy, that's just how you do business.
<< <i>Not ALWAYS, in 2008 I sent back three 1/2 oz Buffalos that had a bad scratch in the same place. I ask for an exchange but got a refund bc they didn't have them. When you buy large quantities of coins from the Mint you quickly find out about their quality control. >>
The USM holds back certain quantities for exchanges, however, when they run out - you get refunded. Remember, the USM doesn't guarantee you an MS70 from one of the third party grading services. They never said there wouldn't be minor flaws. So, they could easily reject returns that were purposely a flipper trying to return the whole lot of 100 (or whatever quantity) they bought.
A "no return" policy would be a step in the right direction. It would eliminate the excessive speculation and those who buy and then dump.
<< <i>BTW, the Mint will always have a return policy, that's just how you do business. >>
This is your speculation. The USM has changed their policy in the past with regard to returns and I would imagine its not the last time the will do it.
<< <i>One thing these HOF coins have over the Silver Buffalos is that is a unique, one time design, whereas the silver buffalos are not a one time design with all the gold buffalos out there. So this may help the HOF coins in the long run, much like the gold UHRs were a unique design.
The 2001 Silver Buffalos did well until the gold buffalos came out in 06. The silver buffalo was no longer a one time, unique design for moderns which effected their worth. >>
UHR was the poor man's Saint.. hof prices at the top in May will be the top for a long time .. Gold hofs will have the most future potential to go higher from today... the problem for hofs is the next hot Mint item that comes along .... the Kennedys will shift money , attention, price appreciation .. away from hofs The hof golds have bottomed for now .. sharp rise in Gold next 2 months should help the Hofs
I have a return in process now, sent 10 back because they were bad and also the rep told me to send receipt for shipping them back and i will get a refund for the cost.
2014 BASEBALL HOF SILVER UNC 50 $47.95 $2,397.50 50 units shipped on 06/17/2014, 10 units returned UNITED STATES MINT REUSABLE BAG 1 $0.00 $0.00 1 unit shipped on 04/09/2014 2014 BASEBALL HOF SILVER UNC 10 $47.95 $479.50 In stock and reserved
<< <i>Not ALWAYS, in 2008 I sent back three 1/2 oz Buffalos that had a bad scratch in the same place. I ask for an exchange but got a refund bc they didn't have them. When you buy large quantities of coins from the Mint you quickly find out about their quality control. >>
The USM holds back certain quantities for exchanges, however, when they run out - you get refunded. Remember, the USM doesn't guarantee you an MS70 from one of the third party grading services. They never said there wouldn't be minor flaws. So, they could easily reject returns that were purposely a flipper trying to return the whole lot of 100 (or whatever quantity) they bought.
A "no return" policy would be a step in the right direction. It would eliminate the excessive speculation and those who buy and then dump.
<< <i>BTW, the Mint will always have a return policy, that's just how you do business. >>
This is your speculation. The USM has changed their policy in the past with regard to returns and I would imagine its not the last time the will do it. >>
Yeah, yeah, I know all that, been dealing with the Mint since 1999. The only change the Mint has made to their return policy since 1999 was from the 30 day return to 7 day return. Heck, they even have the option of sending them all back just bc you change your mind and don't want them. How many coins look like the photos on the Mints website, the Reverse Proof Buffalo didn't come close. There's all kind of reasons for returns and the Mint knows that and that's why they have a return policy.
If they ever stop "all returns" it would hurt their sales and the Mint will not allow that to happen. The BIG DEALERS would have hundreds of problem coins that would be put on the market for sale. That ain't good at all.
Here's one for you, in 2010 I was a dummy and bought 100 proof Boy Scout coins. Out of that order I had 26 that had a huge gouge about an inch long on the obverse and about a dozen that were covered with a polish haze on the reverse. Was I supposed to "return them" or sell them to an unhappy buyer?
The USM can and will change policy over time, as they have stated to ensure the broadest distribution of their products.
I would think that if they encounter large block purchases and the related huge volume of returns, they will either change return policy or cancel orders in play.
We have already experienced the 30 vs 7 day return period. Doesn't take much to go from 7 to 3 or even 0. It could even be a conditional return policy (vs unconditional).
I've been dealing with the USM since the late 1970's and it has changed dramatically since then.
I've got 3/4 of my total order. Still no uncirc. silver dollars. Order consisted of two of all non-gold being issued. Ridiculous to get 5 packages of 6 coins total already.
Next 5 ounce was e-mailed is being delivered to me this week as well.
I should also mention that the "shipping" dates on the Mint "My Orders" page have not changed. They still say the coins WILL be shipped between 1 and 3 weeks AGO....
Does anyone know how to check if people have been cancelling their orders for baseball HOF gold/silver. I seem to remember someone showing that there werer about 60,000 orders for the gold coins. I am curious if that number has been reduced significantly? I still have a gold order placed on 3/29 showing a 6/30 ship date. Are these ever coming? Thanks.
I just got an email that my order for a HOF gold proof on 6/28 at 6 30 PM is on backorder and to be shipped on 7/17/14. I guess its better than no longer available email. Maybe just the mint letting me down gently.
<< <i>Does anyone know how to check if people have been cancelling their orders for baseball HOF gold/silver. I seem to remember someone showing that there werer about 60,000 orders for the gold coins. I am curious if that number has been reduced significantly? I still have a gold order placed on 3/29 showing a 6/30 ship date. Are these ever coming? Thanks.
Jeremy >>
I periodically post the numbers, but here's the summary breakdown through yesterday.
$5 proofs sold out at 39,269. Official mintage is 32,026. There have been 526 cancellations[see note below]. $5 unc sold out at 22,015. Official mintage is 17,974. There have been whopping 211 cancellations.
$1 proofs sold out at 288,383. Official mintage is 262,091. There have been 4,749 cancellations. $1 unc's sold out at 151,046. Official mintage is 137,909. There have been 3,135 cancellations.
Cancellations are user cancellations, done through (I assume) cancel boxes, credit card problems, etc.
Is your gold coming? My 4:30am 3/28 order shipped and will arrive today. (I'm waiting for the UPS guy right now.) It's the closest I can get. (And truthfully, I didn't think I'd get the coin.) Good luck!
My silver uncirculated coins ordered 03/29/2014 at 11:12 PM are in stock & reserved, cancel box gone. My 04/04/2014 at 07:04 PM silver uncirculated coins are still backordered with a 7/3/2014 est delivery! lol I know those dates are wide apart, but they must be shipping somewhere in between.
Prices are still trying to find a base. I saw an NGC HOF label PF 70 go for $790 right after an NGC HOF label PF70 with Nolan Ryan sig went for $661 .....(7/7/14)
Well, I found out how to get around the "Signature Required" thing on the 2nd day UPS deliveries.
You get another package delivered the same day that you can signature waive, and you okay the waiver on that package, and they'll leave it all on your front porch. Found my $1 silver uncircs sitting with my coffee order! (My coffee roaster had a 25% off July 4th sale, so I stacked some coffee... )
From here on out, any more HOF coins I get (and there's a few that were ordered a couple days before sellout) will stay sealed in the box. (I'm starting a collection of sealed mint boxes.)
Well yesterday I received what I believe is the last HOF coins I will get so I sent everything off to PCGS today and I am wondering if I will get any MS70's?
13 coins total sent so surely I will get a few,,,,,
Nice...congrats on the grading guys. I was curious if the second wave of Gold HOFs might be struck better. Sounds like 3/4 of the second wave have all been 70s. I've got big batch in right now and should see the grades soon.
<< <i>Nice...congrats on the grading guys. I was curious if the second wave of Gold HOFs might be struck better. Sounds like 3/4 of the second wave have all been 70s. I've got big batch in right now and should see the grades soon. >>
I took the 4 best out of my six total $5 golds. The proof that I did not send in had a small scratch/frost break near one of the letters on the obverse and would have gotten a 69. My three Uncs all looked like 70s, but I had pre-sold one of them so I only sent in 2.
Good luck with yours!
FWIW, my order was received on 6/18 and the grades posted yesterday, 7/10 - that's 15 days. I submitted under Modern.
Prices are all over the place, but it seems raw gold are selling around $620 & PGCS 70 coins are selling around $750. If this is the case I am wondering if it is worth it to have the coins graded, either for immediate or long term sales?
(I received 6 gold proof coins I thought I would not get. I plan on keeping 1 but am unsure what to do with the others.)
<< <i>Prices are all over the place, but it seems raw gold are selling around $620 & PGCS 70 coins are selling around $750. If this is the case I am wondering if it is worth it to have the coins graded, either for immediate or long term sales?
(I received 6 gold proof coins I thought I would not get. I plan on keeping 1 but am unsure what to do with the others.) >>
Why not graded all of them then you can keep a 70 and sell the rest when ever. You will get more for the 70's then a raw maybe 70 and all you have in to them is $449 and you can get that any day of the week... But that is just me thinking Dumb Type2.
I was going to cancel my remaining 2 gold and 8 each silver until I had a little talk with myself (happens frequently )
I did a bit of quick research and, as was mentioned previously, the resale prices of these are still ALL over the place. One quick example....PCGS PF70 sold on the 9th for $656....same label, same grade sold yesterday for $979 (included the Mint packaging but I doubt that's worth $300). Raw is selling for around $200 more than issue price....OK, keep the gold order as is
Silver: PCGS PF & MS 69's are selling for 2 times issue price, 70's over 4 times (non FS, same label) Raw coins are about $30 over issue (raw not exciting)
Percentages do go to the graded silver though with 200%/about 400%gain for the 69 and 70..gold a meager 50-100% for the 70's and 50% for the 69's
So.....decision....keep both orders and get them graded. .........Hang on and see what happens after they are all delivered, dumped, and the summer sales doldrums are over.
It just didn't make sense to cancel because i would make LESS than if I had sold them earlier (since I didn't have them "earlier".....I really doubt that, when I decide to sell a couple, they will sell at less than issue price.
Did you send the coins in the plastic capsules to protect them?
Did you get the capasules back?
With the curvature of these coins I sent all mine in the capsule to protect the coin.
Looking at them though the plastic and I saw no flaws or hits on any of the coins so I am hoping for some MS70 coins. I did opt for the $25 Special Baseball Label.
I think the label looks and will be more desirable and sell for more money than a standard blue label.
<< <i>Did you send the coins in the plastic capsules to protect them?
Did you get the capasules back? >>
Yes, I sent them in the capsules. The shipment back to me is schedules to arrive Monday, so I'll know whether or not they sent the caps back then. I did request that the caps be sent back.
The special labels were not available (at least I wasn't aware of them until later) when I sent my order in and the coins were not FS eligible, so it was a straight Modern order. I do like the Baseball labels, but are they really worth it? I am a bit PO'd at all the label proliferation and craze. Call me old fashioned, but out of principle I refuse to pay extra for them, with the lone exception being First Strike. I hate the whole concept of FS, but if I have coins that qualify for FS and intend to re-sell them, I will hold my nose and pay up just because they do bring more in the markeplace.
Someday, the coins will again be the important thing. I'd rather have a plain label 70 than a FS 69 anyday...
Comments
If I remember correctly
(l8-)>>
Also that a certain percentage is overproduced to account for damaged returns. Once the program is deemed completed any remaining stock is destroyed.
<< <i>I hope they learn a lesson from all those cancelled sales.
Do it right the first time and all those coins would have been delivered already and all the buyers would be happy.
I'm glad I was one of those that cancelled a bunch of orders. >>
Seriously? What lesson do you think the mint will learn from your (and everyone else's) cancels?
Order number from June:
50¢ Proof 50¢ Uncirculated
Date Raw Increase Adjusted Raw Increase Adjusted
6/1/2014 177539 5009 177539 99842 1790 99842
6/8/2014 181343 3804 181343 102821 2979 102821
6/15/2014 184565 3222 184565 105434 2613 105434
6/22/2014 187,547 2982 187,547 107187 1753 107187
6/29/2014 190,232 2685 190,232 109158 1971 109158
$1 Proof $1 Uncirculated
Date Raw Increase Adjusted Raw Increase Adjusted
6/1/2014 285977 -541 262091 149638 -316 137909
6/8/2014 285900 -77 262091 149553 -85 137909
6/15/2014 285651 -249 262091 149422 -131 137909
6/22/2014 285011 -640 262091 148959 -463 137909
6/29/2014 284135 -876 262091 148156 -803 137909
$5 Proof $5 Uncirculated
Date Raw Increase Adjusted Raw Increase Adjusted
6/1/2014 38914 -58 32026 21900 -21 17974
6/8/2014 38902 -12 32026 21890 -10 17974
6/15/2014 38839 -63 32026 21879 -11 17974
6/22/2014 38797 -42 32026 21855 -24 17974
6/29/2014 38776 -21 32026 21833 -22 17974
So for all of June there were a total of 4181 silver cancels (and the June 1st numbers are really May's orders), which means they're still oversold by 32,000.
The number of gold cancels stands at 284 for June and is still oversold by 10,600.
What lessons would you have learned?
<< <i>Well this is odd. The silver dollars i ordered about 12 hours after they were waitlisted were showing a shipping date of 10 July. However i jst noticed that the shipping is now June 26...which is of course long and gone. >>
My silver unc's from the 3/28, 3/29 time period went ISAR. They're the final coins to be shipped from those orders. My gold proof, clads and silver proofs all shipped.
I do have an silver order from April 7 (close to sell out) that's still backordered:
2014 BASEBALL HOF SILVER PROOF 2 $51.95 $103.90 2 units backordered. Expected to ship on 06/12/2014.
2014 BASEBALL HOF SILVER UNC 2 $47.95 $95.90 2 units backordered. Expected to ship on 07/03/2014.
So don't feel too bad about that June 26 date...
<< <i>The gold coins sold out so there couldn't be any exchanges bc they don't have any more. >>
The USM in the past ALWAYS held back some stock for exchanges.
<< <i>
<< <i>The gold coins sold out so there couldn't be any exchanges bc they don't have any more. >>
The USM in the past ALWAYS held back some stock for exchanges. >>
Gold Bullion Mint flipping: "An acquired learning experience."
The 2001 Silver Buffalos did well until the gold buffalos came out in 06. The silver buffalo was no longer a one time, unique design for moderns which effected their worth.
Box of 20
<< <i>
<< <i>The gold coins sold out so there couldn't be any exchanges bc they don't have any more. >>
The USM in the past ALWAYS held back some stock for exchanges. >>
I know someone who sent back a couple of silver unc $1's to the mint in May, after the initial shipments went out and things stalled at Novitex.
He got his replacements within a week.
So yes, they were reserving some coins for exchanges. I'm not sure how many, though.
<< <i>
<< <i>The gold coins sold out so there couldn't be any exchanges bc they don't have any more. >>
The USM in the past ALWAYS held back some stock for exchanges. >>
Not ALWAYS, in 2008 I sent back three 1/2 oz Buffalos that had a bad scratch in the same place. I ask for an exchange but got a refund bc they didn't have them. When you buy large quantities of coins from the Mint you quickly find out about their quality control.
BTW, the Mint will always have a return policy, that's just how you do business.
<< <i>I hope they learn a lesson from all those cancelled sales. >>
In the end they will still sell 50k gold and 400k silver coins. No lesson learned......
What do they care it's just the governments money they are wasting.
I made money off of it because i have learned over the years to get in and get out quickly.
You win more times than you lose that way but you never look back at what could have been.
You just look forward to the next possible money maker from the mint.
<< <i>Not ALWAYS, in 2008 I sent back three 1/2 oz Buffalos that had a bad scratch in the same place. I ask for an exchange but got a refund bc they didn't have them. When you buy large quantities of coins from the Mint you quickly find out about their quality control. >>
The USM holds back certain quantities for exchanges, however, when they run out - you get refunded. Remember, the USM doesn't guarantee you an MS70 from one of the third party grading services. They never said there wouldn't be minor flaws. So, they could easily reject returns that were purposely a flipper trying to return the whole lot of 100 (or whatever quantity) they bought.
A "no return" policy would be a step in the right direction. It would eliminate the excessive speculation and those who buy and then dump.
<< <i>BTW, the Mint will always have a return policy, that's just how you do business. >>
This is your speculation. The USM has changed their policy in the past with regard to returns and I would imagine its not the last time the will do it.
<< <i>One thing these HOF coins have over the Silver Buffalos is that is a unique, one time design, whereas the silver buffalos are not a one time design with all the gold buffalos out there. So this may help the HOF coins in the long run, much like the gold UHRs were a unique design.
The 2001 Silver Buffalos did well until the gold buffalos came out in 06. The silver buffalo was no longer a one time, unique design for moderns which effected their worth. >>
UHR was the poor man's Saint.. hof prices at the top in May will be the top for a long time .. Gold hofs will have the most future potential to go higher from today...
the problem for hofs is the next hot Mint item that comes along .... the Kennedys will shift money , attention, price appreciation .. away from hofs
The hof golds have bottomed for now .. sharp rise in Gold next 2 months should help the Hofs
2014 BASEBALL HOF SILVER UNC 50 $47.95 $2,397.50 50 units shipped on 06/17/2014, 10 units returned
UNITED STATES MINT REUSABLE BAG 1 $0.00 $0.00 1 unit shipped on 04/09/2014
2014 BASEBALL HOF SILVER UNC 10 $47.95 $479.50 In stock and reserved
I have the coins in stock now.
<< <i>
<< <i>Not ALWAYS, in 2008 I sent back three 1/2 oz Buffalos that had a bad scratch in the same place. I ask for an exchange but got a refund bc they didn't have them. When you buy large quantities of coins from the Mint you quickly find out about their quality control. >>
The USM holds back certain quantities for exchanges, however, when they run out - you get refunded. Remember, the USM doesn't guarantee you an MS70 from one of the third party grading services. They never said there wouldn't be minor flaws. So, they could easily reject returns that were purposely a flipper trying to return the whole lot of 100 (or whatever quantity) they bought.
A "no return" policy would be a step in the right direction. It would eliminate the excessive speculation and those who buy and then dump.
<< <i>BTW, the Mint will always have a return policy, that's just how you do business. >>
This is your speculation. The USM has changed their policy in the past with regard to returns and I would imagine its not the last time the will do it. >>
Yeah, yeah, I know all that, been dealing with the Mint since 1999. The only change the Mint has made to their return policy since 1999 was from the 30 day return to 7 day return. Heck, they even have the option of sending them all back just bc you change your mind and don't want them. How many coins look like the photos on the Mints website, the Reverse Proof Buffalo didn't come close. There's all kind of reasons for returns and the Mint knows that and that's why they have a return policy.
If they ever stop "all returns" it would hurt their sales and the Mint will not allow that to happen. The BIG DEALERS would have hundreds of problem coins that would be put on the market for sale. That ain't good at all.
Here's one for you, in 2010 I was a dummy and bought 100 proof Boy Scout coins. Out of that order I had 26 that had a huge gouge about an inch long on the obverse and about a dozen that were covered with a polish haze on the reverse.
Was I supposed to "return them" or sell them to an unhappy buyer?
I would think that if they encounter large block purchases and the related huge volume of returns, they will either change return policy or cancel orders in play.
We have already experienced the 30 vs 7 day return period. Doesn't take much to go from 7 to 3 or even 0. It could even be a conditional return policy (vs unconditional).
I've been dealing with the USM since the late 1970's and it has changed dramatically since then.
Would you return the damaged coins or sell them to unhappy buyers?
Next 5 ounce was e-mailed is being delivered to me this week as well.
<< <i>I received backordered emails for all of my remaining gold and silver HOF coins that extended the "shipping" dates further.... >>
Same here all went to August except one July 31.
I should also mention that the "shipping" dates on the Mint "My Orders" page have not changed. They still say the coins WILL be shipped between 1 and 3 weeks AGO....
Jeremy
One of my morning orders says in stock and reserved, the other says backorder to 6/16 but no more cancel box.
Box of 20
<< <i>Does anyone know how to check if people have been cancelling their orders for baseball HOF gold/silver. I seem to remember someone showing that there werer about 60,000 orders for the gold coins. I am curious if that number has been reduced significantly? I still have a gold order placed on 3/29 showing a 6/30 ship date. Are these ever coming? Thanks.
Jeremy >>
I periodically post the numbers, but here's the summary breakdown through yesterday.
$5 proofs sold out at 39,269. Official mintage is 32,026. There have been 526 cancellations[see note below].
$5 unc sold out at 22,015. Official mintage is 17,974. There have been whopping 211 cancellations.
$1 proofs sold out at 288,383. Official mintage is 262,091. There have been 4,749 cancellations.
$1 unc's sold out at 151,046. Official mintage is 137,909. There have been 3,135 cancellations.
Cancellations are user cancellations, done through (I assume) cancel boxes, credit card problems, etc.
Is your gold coming? My 4:30am 3/28 order shipped and will arrive today. (I'm waiting for the UPS guy right now.) It's the closest I can get. (And truthfully, I didn't think I'd get the coin.) Good luck!
<< <i>My silver orders on the morning of 7/2 have the cancel box gone. A friends order around 1:30 PM on 7/2 got the 7/24 emails today. >>
I really don't think you ordered them in July.....just a hunch
<< <i>
<< <i>My silver orders on the morning of 7/2 have the cancel box gone. A friends order around 1:30 PM on 7/2 got the 7/24 emails today. >>
I really don't think you ordered them in July.....just a hunch >>
You are correct...edited to 4/2.
My 04/04/2014 at 07:04 PM silver uncirculated coins are still backordered with a 7/3/2014 est delivery! lol I know those dates are wide apart, but they must be shipping somewhere in between.
Box of 20
<< <i>Gold HOF PCGS 70s are in the $700-$750 range on ebay now. >>
imagine HOF golds were at $1200 - $1400 at the top
They will recover.
Hoard the keys.
You get another package delivered the same day that you can signature waive, and you okay the waiver on that package, and they'll leave it all on your front porch. Found my $1 silver uncircs sitting with my coffee order! (My coffee roaster had a 25% off July 4th sale, so I stacked some coffee...
From here on out, any more HOF coins I get (and there's a few that were ordered a couple days before sellout) will stay sealed in the box. (I'm starting a collection of sealed mint boxes.)
It's the first one ever regarding delays.
4/5 order for Proof Silver Dollars backordered and expected to ship 8/14/14.
"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
13 coins total sent so surely I will get a few,,,,,
UNC half, dollars and (2) gold sent in.
GrandAm
No First Strike, no special labels, but the coins themselves look great!
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
Overdate, BestMR, Weather11AM, TDEC1000, Carew4me, BigMarty58, Coinsarefun, Golfer72, UnknownComic, DMarks, JFoot13, ElKevvo, Truthteller, Duxbutt, TwoSides2aCoin, PerryHall, mhammerman, Papabear, Wingsrule, WTCG, MillerJW, Ciccio, zrlevin, dantheman984, tee135, jdimmick, gsa1fan, jmski52, SUMORADA, guitarwes, bstat1020, pitboss, meltdown, Schmitz7, 30AnvZ28, pragmaticgoat, wondercoin & MkMan123
<< <i>Nice...congrats on the grading guys. I was curious if the second wave of Gold HOFs might be struck better. Sounds like 3/4 of the second wave have all been 70s. I've got big batch in right now and should see the grades soon. >>
I took the 4 best out of my six total $5 golds. The proof that I did not send in had a small scratch/frost break near one of the letters on the obverse and would have gotten a 69. My three Uncs all looked like 70s, but I had pre-sold one of them so I only sent in 2.
Good luck with yours!
FWIW, my order was received on 6/18 and the grades posted yesterday, 7/10 - that's 15 days. I submitted under Modern.
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
(I received 6 gold proof coins I thought I would not get. I plan on keeping 1 but am unsure what to do with the others.)
<< <i>Prices are all over the place, but it seems raw gold are selling around $620 & PGCS 70 coins are selling around $750. If this is the case I am wondering if it is worth it to have the coins graded, either for immediate or long term sales?
(I received 6 gold proof coins I thought I would not get. I plan on keeping 1 but am unsure what to do with the others.) >>
Why not graded all of them then you can keep a 70 and sell the rest when ever. You will get more for the 70's then a raw maybe 70 and all you have in to them is $449 and you can get that any day of the week... But that is just me thinking Dumb Type2.
Hoard the keys.
I did a bit of quick research and, as was mentioned previously, the resale prices of these are still ALL over the place. One quick example....PCGS PF70 sold on the 9th for $656....same label, same grade sold yesterday for $979 (included the Mint packaging but I doubt that's worth $300). Raw is selling for around $200 more than issue price....OK, keep the gold order as is
Silver: PCGS PF & MS 69's are selling for 2 times issue price, 70's over 4 times (non FS, same label) Raw coins are about $30 over issue (raw not exciting)
Percentages do go to the graded silver though with 200%/about 400%gain for the 69 and 70..gold a meager 50-100% for the 70's and 50% for the 69's
So.....decision....keep both orders and get them graded.
.........Hang on and see what happens after they are all delivered, dumped, and the summer sales doldrums are over.
It just didn't make sense to cancel because i would make LESS than if I had sold them earlier (since I didn't have them "earlier".....I really doubt that, when I decide to sell a couple, they will sell at less than issue price.
<< <i>My 4 golds' (2 proof and 2 Unc) grades just posted - all 70s! 4 for 4!
No First Strike, no special labels, but the coins themselves look great! >>
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Did you send the coins in the plastic capsules to protect them?
Did you get the capasules back?
With the curvature of these coins I sent all mine in the capsule to protect the coin.
Looking at them though the plastic and I saw no flaws or hits on any of the coins so I am hoping for some MS70 coins. I did opt for the $25 Special Baseball Label.
I think the label looks
Grandam
ebay
<< <i>Did you send the coins in the plastic capsules to protect them?
Did you get the capasules back? >>
Yes, I sent them in the capsules. The shipment back to me is schedules to arrive Monday, so I'll know whether or not they sent the caps back then. I did request that the caps be sent back.
The special labels were not available (at least I wasn't aware of them until later) when I sent my order in and the coins were not FS eligible, so it was a straight Modern order. I do like the Baseball labels, but are they really worth it? I am a bit PO'd at all the label proliferation and craze. Call me old fashioned, but out of principle I refuse to pay extra for them, with the lone exception being First Strike. I hate the whole concept of FS, but if I have coins that qualify for FS and intend to re-sell them, I will hold my nose and pay up just because they do bring more in the markeplace.
Someday, the coins will again be the important thing. I'd rather have a plain label 70 than a FS 69 anyday...
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho