I have 13 $1's and 6 medals ATS that should be back tomorrow.....I'm hoping for 2 RP70's...maybe....five looked perfect to me...six were damn nice and two more were added just to make a lucky number
My guess is someone sold way too low and is PO'd so he relisted his auction with Zero inventory (or maybe one, then quickly changed it to zero after it took) to warn people not to pay too much? out of spite? lol, some people .........
I don't know if this the right place, or if it's being discussed in another thread. I got an email from MCM offering to use my credit card to buy 2 of the IKE CC sets from the mint, they will then pay me a premium for the sets all without me doing anything. What do you all think of this practice? Is it common?
<< <i>I don't know if this the right place, or if it's being discussed in another thread. I got an email from MCM offering to use my credit card to buy 2 of the IKE CC sets from the mint, they will then pay me a premium for the sets all without me doing anything. What do you all think of this practice? Is it common? >>
I've been getting roughly the same % results from submitting all the scores and scores of sets I bought in the open market since the beginning. But, to show PCGS grades them as they see them ...
I agreed to split 20 sealed sets of Truman with a board member I had done no business with before (from my BST ad offering to buy sets or discuss other possibilities for the sets). He chose to have me buy into my half of the joint venture 20 Truman sets at slightly below market price (still well above Mint issue price) and I agreed I would carefully screen the (40) total coins and submit only the surefire PR69 $1's and shot MS70 medals to increase our chances of an excellent grading result (as graders do like to see nice submission batches - it does help). A beautiful group of 25 coins were submitted. I just got the results and I sent a PM to the Board Member informing him that PCGS graded -6- PR70 $1 Rev Proofs as well as -1- Truman medal from the 25 coin submission!
30% grade through for us on the Truman $1's from the 20 total sets - talk about good karma!
Obviously, no guarantee of results like this in the future even with careful screening!
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
Congratulations to you Mitch, you have invested a lot of money on this one and maybe made up for your losses on the MOD coins. You are a great person to deal with and I wish you luck on the Eisenhower coins coming up.
I had about 6 PR70's and 4 medal 70's and then it went down substantially after the second grader looked at them. I was a little disappointed to see the number of 70's drop so much. Such is life.
I had about 6 PR70's and 4 medal 70's and then it went down substantially after the second grader looked at them. I was a little disappointed to see the number of 70's drop so much. Such is life.
How do you get grading info during the grading process on your order before the grades are finalized?
Q: Are You Printing Money? Bernanke: Not Literally
<< <i>I don't know if this the right place, or if it's being discussed in another thread. I got an email from MCM offering to use my credit card to buy 2 of the IKE CC sets from the mint >>
The email from MCM should be sent directly to the US Mint public affairs office. These games have to stop. I suppose this is the MO of the new owners.
<< <i>Limit on the Kennedy has been cranked up to 50k
Still 2 per >>
It's still really low when compared to the millions of business strikes that will never circulate and the 400 thousand or so proofs. The 17,000 for Truman and Ike is unbelievably low.
Btw, where did that odd number come from? Maybe two Mint officials were sitting in a think-tank and one said, "hey, let's make 50,000 reverse proofs $1" and the other one says, "nah, 17,000 would be better."
They based that number on the Theodore Roosevelt Chronicle Sets which sold around that mintage of close to 15K I believe. '
When the series ends next year, it will be interesting to see if these reverse proofs hold up their value even being low mintage keys.
I really can't compare the presidential series to the state quarter program when it comes to low mintage keys, because the SQ Program did not have such low mintage keys like these reverse proofs. These low mintage keys might still draw collectors to the series unlike the State Quarter Program which seemed to die when the series ended.
Perhaps the mint needs to do this to the ATB series or any future series, add a low mintage coin to that series, so when it ends it still may have some life to it. Much like the 1909 Lincoln S VDB, the 1916 D mercury dime and so on.
<< <i>Perhaps the mint needs to do this to the ATB series or any future series, add a low mintage coin to that series, so when it ends it still may have some life to it. Much like the 1909 Lincoln S VDB, the 1916 D mercury dime and so on. >>
I don't believe you can compare "collector" coins available only from the Mint to a small mintage of coins intended for circulation. Now what would be really interesting is if the Mint took a coins, such as a dime or quarter, produced say 20,000 with a W mint mark on it and randomly spread them out in all 50 states. Talk about an instant rarity and the grades would be all over the map!
Collecting would go back to how coins were collected by most. By searching and finding coins in circulation. That is how I started and those coins are much more valuable to me than something I bought.
<< <i>I don't know if this the right place, or if it's being discussed in another thread. I got an email from MCM offering to use my credit card to buy 2 of the IKE CC sets from the mint >>
The email from MCM should be sent directly to the US Mint public affairs office. These games have to stop. I suppose this is the MO of the new owners. >>
This was the best part of the email:
We will pay you $250 to buy the sets and send them to us. It is important to place the order at 12:00 noon EST when the sets are put on sale as we want to be the first ones to get them because the Truman Coin and Chronical Sets sold out very quickly.
where did that odd number come from? Maybe two Mint officials were sitting in a think-tank and one said, "hey, let's make 50,000 reverse proofs $1" and the other one says, "nah, 17,000 would be better."
Close, but I think it went like this -
Two Mint officials were sitting in a think-tank and one said, "hey let's make 50,000 reverse proofs $1 and the other one says, "nah, 51,000 would be better so let's make it 51,000 and then divide by 3". See?
Q: Are You Printing Money? Bernanke: Not Literally
<< <i>where did that odd number come from? Maybe two Mint officials were sitting in a think-tank and one said, "hey, let's make 50,000 reverse proofs $1" and the other one says, "nah, 17,000 would be better."
Close, but I think it went like this -
Two Mint officials were sitting in a think-tank and one said, "hey let's make 50,000 reverse proofs $1 and the other one says, "nah, 51,000 would be better so let's make it 51,000 and then divide by 3". See? >>
"<<< I don't know if this the right place, or if it's being discussed in another thread. I got an email from MCM offering to use my credit card to buy 2 of the IKE CC sets from the mint >>
The email from MCM should be sent directly to the US Mint public affairs office. These games have to stop. I suppose this is the MO of the new owners. >>
This was the best part of the email:
We will pay you $250 to buy the sets and send them to us. It is important to place the order at 12:00 noon EST when the sets are put on sale as we want to be the first ones to get them because the Truman Coin and Chronical Sets sold out very quickly."
I am confused as to why the US Mint public affairs office should be made aware of a dealer offering to purchase a customer's sets for slightly over 100% profit (and for complete disclosure I will pay even more than that amount now for the sets)? Unless it is to advise the Mint of the silly low mintage it placed on this particular product essentially rendering nearly all the other coins in this series that collectors' started collecting back in 2007 utterly worthless (in comparison) for decades now to come? I guess public affairs might want to know that!!
I can not comment on the use of another person's credit card to purchase coins or any other products on line, except to say I assume MCM investigated the legality of that usage before offering to provide that service to its customers. Me, personally, I would want nothing to do with that - I had enough trouble helping my mother once use her credit card on line for a purchase and then her fearing her private information was stolen by any number of bad groups (and I am not saying it wasn't)!!
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
<< <i>"<<< I don't know if this the right place, or if it's being discussed in another thread. I got an email from MCM offering to use my credit card to buy 2 of the IKE CC sets from the mint >>
The email from MCM should be sent directly to the US Mint public affairs office. These games have to stop. I suppose this is the MO of the new owners. >>
This was the best part of the email:
We will pay you $250 to buy the sets and send them to us. It is important to place the order at 12:00 noon EST when the sets are put on sale as we want to be the first ones to get them because the Truman Coin and Chronical Sets sold out very quickly."
I am confused as to why the US Mint public affairs office should be made aware of a dealer offering to purchase a customer's sets for slightly over 100% profit (and for complete disclosure I will pay even more than that amount now for the sets)? Unless it is to advise the Mint of the silly low mintage it placed on this particular product essentially rendering nearly all the other coins in this series that collectors' started collecting back in 2007 utterly worthless (in comparison) for decades now to come? I guess public affairs might want to know that!!
I can not comment on the use of another person's credit card to purchase coins or any other products on line, except to say I assume MCM investigated the legality of that usage before offering to provide that service to its customers. Me, personally, I would want nothing to do with that - I had enough trouble helping my mother once use her credit card on line for a purchase and then her fearing her private information was stolen by any number of bad groups (and I am not saying it wasn't)!!
Wondercoin >>
The questionable issue was using somebody's credit card to make a purchase. I'm a fan of MCM, just thought it was funny that they want to be the first ones to get the Ike coins - who doesn't?
One would think if there is a "household order limit" that would mean address limit. Having several sets sent to the same address that total in excess of the order limit doesn't seem like a "household order limit" to me. Now, if the buyer takes delivery and then sends it on to someone else, that would be different.
The point being a dealer is executing the mint order on behalf of someone else for their gain and to avoid the household limit If they just published a buy price there would be no issue---IMO
I know one thing as a business owner I can not and will not keep a CC on file. The one's I rec are from the Gov so I will not keep them on file I don't need any problem's for any kind of money.......
Comments
<< <i>I got my grades back today, got a 70 set and a whole lot of 69's >>
Congrats on the 70 set !
Do you consider the results a winner over all? How many sets in total did you send?
Still 2 per
<< <i>Limit on the Kennedy has been cranked up to 50k
Still 2 per >>
Yet, You saw how the Gold Kennedy became the dog of the year and the Jackie is languishing near the pound.
For some of us, yes. But for the Mint, it's party-time when they can increase mintages!!!!!!
I knew it would happen.
<< <i>I got my grades back today, got a 70 set and a whole lot of 69's >>
Congrats on the 70. Kris
I was a Monkey
<< <i>I got my grades back today, got a 70 set and a whole lot of 69's >>
The irony is, that the ungraded Mint sets are selling for more than the 69 rev proof coin. Time to break them out?
3 sets in 3 sets of 69s. $300 gone.
Do I risk another $300?
<< <i>screwed
3 sets in 3 sets of 69s. $300 gone.
Do I risk another $300? >>
At least they are matching grades.
<< <i>screwed
3 sets in 3 sets of 69s. $300 gone.
Do I risk another $300? >>
Ugh.
My three ATS did the same. Thought one of the $1 was below a 69, and two of the medals a good shot at a 70, but all came in at 69.
But to your question, current PCGS pops:
PR68......8......0.9%
PR69..822....94.8%
PR70....37..... 4.3%
Total...867
It's still early in the game, but if percentages hold, your chance of getting a 70 is less than 1:20.
If you look at recent regular prezbuck proof pops, it's about 15% 70's, or less than 1 in 6.
Feeling lucky, punk?
<< <i>
<< <i>I got my grades back today, got a 70 set and a whole lot of 69's >>
The irony is, that the ungraded Mint sets are selling for more than the 69 rev proof coin. Time to break them out? >>
Are you including the fact the raw set has a 1ozt hunk of silver in it? (I don't know, I haven't been looking at prices...)
Oh, a stamp too. Can't forget the stamp...
Relisted BIN with Zero to buy
Why does eBay allow this?
My guess is someone sold way too low and is PO'd so he relisted his auction with Zero inventory (or maybe one, then quickly changed it to zero after it took) to warn people not to pay too much? out of spite? lol, some people .........
<< <i>It may be a store item or a 30 day listing - "Last updated on Jul 09, 2015 17:21:29 PDT" Notice it says Item is out of Stock. >>
It wasn't there this morning nor last few days as I have been tracking these.
Honestly, I would have bought all they had at that price.
Last purchase was July 10th
<< <i>I just noticed the Ike set description now has the (found only in this set) thing going on for the RP. >>
Somebody at the Mint must read this forum
<< <i>
<< <i>screwed
3 sets in 3 sets of 69s. $300 gone.
Do I risk another $300? >>
Ugh.
My three ATS did the same. Thought one of the $1 was below a 69, and two of the medals a good shot at a 70, but all came in at 69.
But to your question, current PCGS pops:
PR68......8......0.9%
PR69..822....94.8%
PR70....37..... 4.3%
Total...867
It's still early in the game, but if percentages hold, your chance of getting a 70 is less than 1:20.
If you look at recent regular prezbuck proof pops, it's about 15% 70's, or less than 1 in 6.
Feeling lucky, punk?
Considering lately, hell no
ed4sp
<< <i>I don't know if this the right place, or if it's being discussed in another thread. I got an email from MCM offering to use my credit card to buy 2 of the IKE CC sets from the mint, they will then pay me a premium for the sets all without me doing anything. What do you all think of this practice? Is it common? >>
Hoard the keys.
<< <i>Give NO ONE your credit card number! >>
Give no one permission to use your card "as you"
PR68......8......0.9%
PR69..822....94.8%
PR70....37..... 4.3%
Total...867"
I've been getting roughly the same % results from submitting all the scores and scores of sets I bought in the open market since the beginning. But, to show PCGS grades them as they see them ...
I agreed to split 20 sealed sets of Truman with a board member I had done no business with before (from my BST ad offering to buy sets or discuss other possibilities for the sets). He chose to have me buy into my half of the joint venture 20 Truman sets at slightly below market price (still well above Mint issue price) and I agreed I would carefully screen the (40) total coins and submit only the surefire PR69 $1's and shot MS70 medals to increase our chances of an excellent grading result (as graders do like to see nice submission batches - it does help). A beautiful group of 25 coins were submitted. I just got the results and I sent a PM to the Board Member informing him that PCGS graded -6- PR70 $1 Rev Proofs as well as -1- Truman medal from the 25 coin submission!
30% grade through for us on the Truman $1's from the 20 total sets - talk about good karma!
Obviously, no guarantee of results like this in the future even with careful screening!
Wondercoin
I had about 6 PR70's and 4 medal 70's and then it went down substantially after the second grader looked at them. I was a little disappointed to see the number of 70's drop so much. Such is life.
Jessewvu .... The PCGS finalizer and the "fish that got away" ... the story of my life.
Wondercoin
How do you get grading info during the grading process on your order before the grades are finalized?
I knew it would happen.
<< <i>I don't know if this the right place, or if it's being discussed in another thread. I got an email from MCM offering to use my credit card to buy 2 of the IKE CC sets from the mint >>
The email from MCM should be sent directly to the US Mint public affairs office. These games have to stop. I suppose this is the MO of the new owners.
<< <i>Limit on the Kennedy has been cranked up to 50k
Still 2 per >>
It's still really low when compared to the millions of business strikes that will never circulate and the 400 thousand or so proofs. The 17,000 for Truman and Ike is unbelievably low.
Btw, where did that odd number come from? Maybe two Mint officials were sitting in a think-tank and one said, "hey, let's make 50,000 reverse proofs $1" and the other one says, "nah, 17,000 would be better."
They based that number on the Theodore Roosevelt Chronicle Sets which sold around that mintage of close to 15K I believe. '
When the series ends next year, it will be interesting to see if these reverse proofs hold up their value even being low mintage keys.
I really can't compare the presidential series to the state quarter program when it comes to low mintage keys, because the SQ Program did not have such low mintage keys like these reverse proofs. These low mintage keys might still draw collectors to the series unlike the State Quarter Program which seemed to die when the series ended.
Perhaps the mint needs to do this to the ATB series or any future series, add a low mintage coin to that series, so when it ends it still may have some life to it. Much like the 1909 Lincoln S VDB, the 1916 D mercury dime and so on.
Box of 20
<< <i>Perhaps the mint needs to do this to the ATB series or any future series, add a low mintage coin to that series, so when it ends it still may have some life to it. Much like the 1909 Lincoln S VDB, the 1916 D mercury dime and so on. >>
I don't believe you can compare "collector" coins available only from the Mint to a small mintage of coins intended for circulation. Now what would be really interesting is if the Mint took a coins, such as a dime or quarter, produced say 20,000 with a W mint mark on it and randomly spread them out in all 50 states. Talk about an instant rarity and the grades would be all over the map!
Collecting would go back to how coins were collected by most. By searching and finding coins in circulation. That is how I started and those coins are much more valuable to me than something I bought.
PCGS are now at PR70 = 50 and PR69 = 964 PR 68 = 21
<< <i>
<< <i>I don't know if this the right place, or if it's being discussed in another thread. I got an email from MCM offering to use my credit card to buy 2 of the IKE CC sets from the mint >>
The email from MCM should be sent directly to the US Mint public affairs office. These games have to stop. I suppose this is the MO of the new owners. >>
This was the best part of the email:
We will pay you $250 to buy the sets and send them to us. It is important to place the order at 12:00 noon EST when the sets are put on sale as we want to be the first ones to get them because the Truman Coin and Chronical Sets sold out very quickly.
Close, but I think it went like this -
Two Mint officials were sitting in a think-tank and one said, "hey let's make 50,000 reverse proofs $1 and the other one says, "nah, 51,000 would be better so let's make it 51,000 and then divide by 3". See?
I knew it would happen.
Seriously, that could be the beginning of a thousand numismatic jokes.
<< <i>where did that odd number come from? Maybe two Mint officials were sitting in a think-tank and one said, "hey, let's make 50,000 reverse proofs $1" and the other one says, "nah, 17,000 would be better."
Close, but I think it went like this -
Two Mint officials were sitting in a think-tank and one said, "hey let's make 50,000 reverse proofs $1 and the other one says, "nah, 51,000 would be better so let's make it 51,000 and then divide by 3". See?
You one smart comrade, hahahaha.
The email from MCM should be sent directly to the US Mint public affairs office. These games have to stop. I suppose this is the MO of the new owners. >>
This was the best part of the email:
We will pay you $250 to buy the sets and send them to us. It is important to place the order at 12:00 noon EST when the sets are put on sale as we want to be the first ones to get them because the Truman Coin and Chronical Sets sold out very quickly."
I am confused as to why the US Mint public affairs office should be made aware of a dealer offering to purchase a customer's sets for slightly over 100% profit (and for complete disclosure I will pay even more than that amount now for the sets)? Unless it is to advise the Mint of the silly low mintage it placed on this particular product essentially rendering nearly all the other coins in this series that collectors' started collecting back in 2007 utterly worthless (in comparison) for decades now to come? I guess public affairs might want to know that!!
I can not comment on the use of another person's credit card to purchase coins or any other products on line, except to say I assume MCM investigated the legality of that usage before offering to provide that service to its customers. Me, personally, I would want nothing to do with that - I had enough trouble helping my mother once use her credit card on line for a purchase and then her fearing her private information was stolen by any number of bad groups (and I am not saying it wasn't)!!
Wondercoin
<< <i>Looks like the first NGC pops are PF70 = 60 and PF69 = 1,019.
PCGS are now at PR70 = 50 and PR69 = 964 PR 68 = 21 >>
NGC....I am seeing 1278 graded.....75,,, 70's.....1175,,,, 69's....28,,,,68's
4.8% for PCGS (70's)
5.8% for NGC (70's)
Kind of a wash.....
<< <i>"<<< I don't know if this the right place, or if it's being discussed in another thread. I got an email from MCM offering to use my credit card to buy 2 of the IKE CC sets from the mint >>
The email from MCM should be sent directly to the US Mint public affairs office. These games have to stop. I suppose this is the MO of the new owners. >>
This was the best part of the email:
We will pay you $250 to buy the sets and send them to us. It is important to place the order at 12:00 noon EST when the sets are put on sale as we want to be the first ones to get them because the Truman Coin and Chronical Sets sold out very quickly."
I am confused as to why the US Mint public affairs office should be made aware of a dealer offering to purchase a customer's sets for slightly over 100% profit (and for complete disclosure I will pay even more than that amount now for the sets)? Unless it is to advise the Mint of the silly low mintage it placed on this particular product essentially rendering nearly all the other coins in this series that collectors' started collecting back in 2007 utterly worthless (in comparison) for decades now to come? I guess public affairs might want to know that!!
I can not comment on the use of another person's credit card to purchase coins or any other products on line, except to say I assume MCM investigated the legality of that usage before offering to provide that service to its customers. Me, personally, I would want nothing to do with that - I had enough trouble helping my mother once use her credit card on line for a purchase and then her fearing her private information was stolen by any number of bad groups (and I am not saying it wasn't)!!
Wondercoin
The questionable issue was using somebody's credit card to make a purchase. I'm a fan of MCM, just thought it was funny that they want to be the first ones to get the Ike coins - who doesn't?
If they just published a buy price there would be no issue---IMO
Hoard the keys.