@Manorcourtman said:
Available again. The Mint crushes the Flippers hopes again!
There's always some cancellations that go back on sale. That's why they are "currently unavailable" not "sold out". They may come and go a couple more times before they finally label it a "sell out".
Unavailable at 9:30 EDT
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
I'd imagine they'll reappear one more time for a limited run. There's always a few cancellations returns. Given they sold 50,000 in two days, some of those are going to get cancelled or returned. That's probably where the few hundred today came from.
I didn't really want any more, but I tried to buy 5 more just as they went unavailable. Now, I'm disappointed. LOL. It's kind of a disease.
@Coinlearner said:
Now Mint has a big red SOLD OUT .
I must have a different web site....item listed as "currently not available"
"We are currently out of this item, but more may be available later. Provide your email using the “REMIND ME” button and we will let you know when we are taking orders again."
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
@grote15 said:
Sets appear to be selling on ebay in the $200 range.
That number has been dropping steadily for 2 days. They were selling in the pre-sale for as much as $280. Then $220 yesterday. Then down to $180 before the sell-out.
Last 3 have sold for $188, $202 and $188. I expect they will come back up again over $200 once the sell out is confirmed.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
I just checked the Cable guide now showing a 2 hour Coin Presentation I am sure Mike M will be bragging about how he bought up all of the last 20% stock and now get your special HSN price of $255.99 per set!!!!!
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
Not true. The EU sets were unavailable for days even though 30,000 were still on hand
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
then 20,000 over the next 10 hours after HH lifted.
Guess the dealers stepped in, with discounts from the mint and grading they can make the money on volume. Not much would be left on the bone for us mortals.
Glad they are Sold Out.
Another round of set availability yet to come , when Credit card rejects free up more sets to sell
@BigA said:
I believe the stated product limit was 50k
I take it in the history of the Mint they have never gone against there state production limit?
No, they haven't. I believe they are bound by law to adhere to that.
However, the mintage limit is a different story and these coins are available in different packaging like the Congratulations product for the 2017-S Eagle.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@BigA said:
I believe the stated product limit was 50k
I take it in the history of the Mint they have never gone against there state production limit?
Please name one time?
Yes I was just asking if that ever happened? TYIA I have only really started collection graded coins starting in 2016.
And yes believe it or not it was Mike on HSN that got me started, and a couple of old guys (farts) at work, so I guess I learned the hard way but he ( mike M ) did a good thing I guess.
The rest were bullion coins a few years before that. So I am fairly new in this coin collecting sickness. I really feel for some of you. Unless you own some of the real beautiful rare coins then I am envious!!!!
@BigA said:
I believe the stated product limit was 50k
I take it in the history of the Mint they have never gone against there state production limit?
The closest they came was with the 1997 Jackie Robinson uncirculated $5 gold. They struck about 12,000 and only 5174 had sold before the official cutoff date. A senator from New York attempted to pass legislation authorizing the sale of the remaining coins on hand. The attempt failed and the 7000 coins were subsequently melted.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
They NEVER go directly to sold out. They always go CU waiting for returns and cancellations.
@7CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
No, they can't. The mintage limit is an actual limit. If they violate it once, they are done.
And if you think they can violate the limit on bullion coins, why can't they violate the limits on any coin? They have blanks, dies and a press.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
Like they care about reputation, it's all about the Benjamin's, and they wouldn't be violating anything. There was no congressional legislation so they were minted under the bullion act. They could have easily upped the mintage if it was uber hot.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
Like they care about reputation, it's all about the Benjamin's, and they wouldn't be violating anything. There was no congressional legislation so they were minted under the bullion act. They could have easily upped the mintage if it was uber hot.
I was talking about the terms under which the Mint agreed to sell the coins to collectors. Part of those terms were that the Mint agreed to limit the quantity of those coins to a certain number. In other words, the coins were sold as a limited edition. Exceeding the advertised number would, in my opinion, violate the terms of sale.
And yes, the Mint does care about its reputation. If it were to go back on its word in regard to mintage limits, I would expect to see a massive drop in sales to collectors. Including me.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
Like they care about reputation, it's all about the Benjamin's, and they wouldn't be violating anything. There was no congressional legislation so they were minted under the bullion act. They could have easily upped the mintage if it was uber hot.
I was talking about the terms under which the Mint agreed to sell the coins to collectors. Part of those terms were that the Mint agreed to limit the quantity of those coins to a certain number. In other words, the coins were sold as a limited edition. Exceeding the advertised number would, in my opinion, violate the terms of sale.
And yes, the Mint does care about its reputation. If it were to go back on its word in regard to mintage limits, I would expect to see a massive drop in sales to collectors. Including me.
What "terms?" Is this in writing somewhere. What was that debacle in 2011 or 2012 where the mint did do this exact thing. Can't remember the coin but it did piss off a lot of people.
@grote15 said:
Sets appear to be selling on ebay in the $200 range.
That number has been dropping steadily for 2 days. They were selling in the pre-sale for as much as $280. Then $220 yesterday. Then down to $180 before the sell-out.
Last 3 have sold for $188, $202 and $188. I expect they will come back up again over $200 once the sell out is confirmed.
At $188 how much is the average Joe 6-pack (non-store) making on these after fees/delivery? $10? $15? It can't be much.
@grote15 said:
Sets appear to be selling on ebay in the $200 range.
That number has been dropping steadily for 2 days. They were selling in the pre-sale for as much as $280. Then $220 yesterday. Then down to $180 before the sell-out.
Last 3 have sold for $188, $202 and $188. I expect they will come back up again over $200 once the sell out is confirmed.
At $188 how much is the average Joe 6-pack (non-store) making on these after fees/delivery? $10? $15? It can't be much.
If they are paying full eBay fees at 10% + 3 % paypal + $6 priority shipping on $188 sale price: $12.50
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
Like they care about reputation, it's all about the Benjamin's, and they wouldn't be violating anything. There was no congressional legislation so they were minted under the bullion act. They could have easily upped the mintage if it was uber hot.
They lose money on the annual proof and mint sets. If it was all about the Benjamin's they'd change that.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
Like they care about reputation, it's all about the Benjamin's, and they wouldn't be violating anything. There was no congressional legislation so they were minted under the bullion act. They could have easily upped the mintage if it was uber hot.
I was talking about the terms under which the Mint agreed to sell the coins to collectors. Part of those terms were that the Mint agreed to limit the quantity of those coins to a certain number. In other words, the coins were sold as a limited edition. Exceeding the advertised number would, in my opinion, violate the terms of sale.
And yes, the Mint does care about its reputation. If it were to go back on its word in regard to mintage limits, I would expect to see a massive drop in sales to collectors. Including me.
What "terms?" Is this in writing somewhere. What was that debacle in 2011 or 2012 where the mint did do this exact thing. Can't remember the coin but it did piss off a lot of people.
To my knowledge they have NEVER NEVER NEVER violated a mintage limit.
@grote15 said:
Sets appear to be selling on ebay in the $200 range.
That number has been dropping steadily for 2 days. They were selling in the pre-sale for as much as $280. Then $220 yesterday. Then down to $180 before the sell-out.
Last 3 have sold for $188, $202 and $188. I expect they will come back up again over $200 once the sell out is confirmed.
At $188 how much is the average Joe 6-pack (non-store) making on these after fees/delivery? $10? $15? It can't be much.
At full eBay final value fee rate (those with stores pay less), a sale of $190 with free shipping would net you about $15-$20, assuming the average collectors keeps one set and sells the other.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
Like they care about reputation, it's all about the Benjamin's, and they wouldn't be violating anything. There was no congressional legislation so they were minted under the bullion act. They could have easily upped the mintage if it was uber hot.
I was talking about the terms under which the Mint agreed to sell the coins to collectors. Part of those terms were that the Mint agreed to limit the quantity of those coins to a certain number. In other words, the coins were sold as a limited edition. Exceeding the advertised number would, in my opinion, violate the terms of sale.
And yes, the Mint does care about its reputation. If it were to go back on its word in regard to mintage limits, I would expect to see a massive drop in sales to collectors. Including me.
What "terms?" Is this in writing somewhere. What was that debacle in 2011 or 2012 where the mint did do this exact thing. Can't remember the coin but it did piss off a lot of people.
To my knowledge they have NEVER NEVER NEVER violated a mintage limit.
They have. I just can't remember the offering. I'm sure someone does
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
Like they care about reputation, it's all about the Benjamin's, and they wouldn't be violating anything. There was no congressional legislation so they were minted under the bullion act. They could have easily upped the mintage if it was uber hot.
I was talking about the terms under which the Mint agreed to sell the coins to collectors. Part of those terms were that the Mint agreed to limit the quantity of those coins to a certain number. In other words, the coins were sold as a limited edition. Exceeding the advertised number would, in my opinion, violate the terms of sale.
And yes, the Mint does care about its reputation. If it were to go back on its word in regard to mintage limits, I would expect to see a massive drop in sales to collectors. Including me.
What "terms?" Is this in writing somewhere. What was that debacle in 2011 or 2012 where the mint did do this exact thing. Can't remember the coin but it did piss off a lot of people.
To my knowledge they have NEVER NEVER NEVER violated a mintage limit.
They have. I just can't remember the offering. I'm sure someone does
I sure can't recall it happening in the last 10 years.
"I have a good memory, it just doesn't last very long."
@BigA said:
I believe the stated product limit was 50k
I take it in the history of the Mint they have never gone against there state production limit?
The closest they came was with the 1997 Jackie Robinson uncirculated $5 gold. They struck about 12,000 and only 5174 had sold before the official cutoff date. A senator from New York attempted to pass legislation authorizing the sale of the remaining coins on hand. The attempt failed and the 7000 coins were subsequently melted.
How is this going against produ> @CascadeChris said:
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
Like they care about reputation, it's all about the Benjamin's, and they wouldn't be violating anything. There was no congressional legislation so they were minted under the bullion act. They could have easily upped the mintage if it was uber hot.
I was talking about the terms under which the Mint agreed to sell the coins to collectors. Part of those terms were that the Mint agreed to limit the quantity of those coins to a certain number. In other words, the coins were sold as a limited edition. Exceeding the advertised number would, in my opinion, violate the terms of sale.
And yes, the Mint does care about its reputation. If it were to go back on its word in regard to mintage limits, I would expect to see a massive drop in sales to collectors. Including me.
What "terms?" Is this in writing somewhere. What was that debacle in 2011 or 2012 where the mint did do this exact thing. Can't remember the coin but it did piss off a lot of people.
To my knowledge they have NEVER NEVER NEVER violated a mintage limit.
They have. I just can't remember the offering. I'm sure someone does
I sure can't recall it happening in the last 10 years.
"I have a good memory, it just doesn't last very long."
I agree, I've been thinking about this since it was posted and keep drawing a blank.
@BigA said:
I believe the stated product limit was 50k
I take it in the history of the Mint they have never gone against there state production limit?
The closest they came was with the 1997 Jackie Robinson uncirculated $5 gold. They struck about 12,000 and only 5174 had sold before the official cutoff date. A senator from New York attempted to pass legislation authorizing the sale of the remaining coins on hand. The attempt failed and the 7000 coins were subsequently melted.
How is this going against produ> @CascadeChris said:
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
@CascadeChris said:
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
Like they care about reputation, it's all about the Benjamin's, and they wouldn't be violating anything. There was no congressional legislation so they were minted under the bullion act. They could have easily upped the mintage if it was uber hot.
I was talking about the terms under which the Mint agreed to sell the coins to collectors. Part of those terms were that the Mint agreed to limit the quantity of those coins to a certain number. In other words, the coins were sold as a limited edition. Exceeding the advertised number would, in my opinion, violate the terms of sale.
And yes, the Mint does care about its reputation. If it were to go back on its word in regard to mintage limits, I would expect to see a massive drop in sales to collectors. Including me.
What "terms?" Is this in writing somewhere. What was that debacle in 2011 or 2012 where the mint did do this exact thing. Can't remember the coin but it did piss off a lot of people.
To my knowledge they have NEVER NEVER NEVER violated a mintage limit.
They have. I just can't remember the offering. I'm sure someone does
I sure can't recall it happening in the last 10 years.
"I have a good memory, it just doesn't last very long."
I agree, I've been thinking about this since it was posted and keep drawing a blank.
The reason you can't remember is because it didn't happen. Congress dictates the mintage for all but bullion related items that the mint sells to collectors. The only products that are excluded from that law are items sold directly to the US Mints Authorized buyers and not to the public.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Comments
77 left. Get 'em now!
Unavailable at 9:30 EDT
unavailable again.
This might be it, we shall see...
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
I'd imagine they'll reappear one more time for a limited run. There's always a few cancellations returns. Given they sold 50,000 in two days, some of those are going to get cancelled or returned. That's probably where the few hundred today came from.
I didn't really want any more, but I tried to buy 5 more just as they went unavailable. Now, I'm disappointed. LOL. It's kind of a disease.
Glad I never wavered on these from the start.
Best place to buy !
Bronze Associate member
@goldbuffalo none of the limited sets are ever discounted by bulk buyers. Same price to all
Best place to buy !
Bronze Associate member
Now Mint has a big red SOLD OUT .
The Set is “ SOLD OUT”.
https://catalog.usmint.gov/united-states-mint-limited-edition-2017-silver-proof-set-17RC.html?cm_sp=HPA1--17RC--100517
Well that was quick to show sold out. Now let's see the EU set do the same.
Don't quote me on that.
I must have a different web site....item listed as "currently not available"
"We are currently out of this item, but more may be available later. Provide your email using the “REMIND ME” button and we will let you know when we are taking orders again."
Last 3 have sold for $188, $202 and $188. I expect they will come back up again over $200 once the sell out is confirmed.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
I see currently unavailable.
Successful Trades: Swampboy,
https://catalog.usmint.gov/united-states-mint-limited-edition-2017-silver-proof-set-17RC.html
SAN FRANCISCO (S)
$139.95
This product is currently unavailable.
Just like every offering "currently unavailable" basically means sold out. A few more might go on sale in the coming days due to CC charge failures then in a month or so they officially change it to sold out.
Was " SOLD OUT ". But now seeing unavailable. Maybe on again off again for a time
I just checked the Cable guide now showing a 2 hour Coin Presentation I am sure Mike M will be bragging about how he bought up all of the last 20% stock and now get your special HSN price of $255.99 per set!!!!!
No. Simply not available
Not true. The EU sets were unavailable for days even though 30,000 were still on hand
In fact the gold Merc was unavailable for 8 months before thousands more were made available in December last year.
If you missed out, take heart: The 2016 LE set is still available.
https://catalog.usmint.gov/limited-edition-silver-proof-set-2016-16RC.html?cgid=proof-sets#start=1
Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, coin22lover, coinsarefun, jwitten, CommemKing.
You know if they really want to mess with us ( the mint ) they could make another 50,000 sets. I take it they would NEVER do that right?
I believe the stated product limit was 50k
I take it in the history of the Mint they have never gone against there state production limit?
No, they haven't. I believe they are bound by law to adhere to that.
However, the mintage limit is a different story and these coins are available in different packaging like the Congratulations product for the 2017-S Eagle.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Please name one time?
Successful Trades: Swampboy,
Yes I was just asking if that ever happened? TYIA I have only really started collection graded coins starting in 2016.
And yes believe it or not it was Mike on HSN that got me started, and a couple of old guys (farts)
at work, so I guess I learned the hard way but he ( mike M ) did a good thing I guess. 
The rest were bullion coins a few years before that. So I am fairly new in this coin collecting sickness. I really feel for some of you. Unless you own some of the real beautiful rare coins then I am envious!!!!
The closest they came was with the 1997 Jackie Robinson uncirculated $5 gold. They struck about 12,000 and only 5174 had sold before the official cutoff date. A senator from New York attempted to pass legislation authorizing the sale of the remaining coins on hand. The attempt failed and the 7000 coins were subsequently melted.
My Adolph A. Weinman signature
The 2014 Baseball Hall of Fame gold coin.
2014 Gold Baseball HOF overproduction...
It was only because they were moving facilities between the turnover from PBGS to PFSWeb.
Otherwise, mintages are strictly adhered to. Most of the time, by law.
That was a bullion issue with an unlimited mintage. This is not.
No it had a mintage limit of 125,000.
But they still could have made however many more they wanted too if say the 125 was sold out within an hour.
They NEVER go directly to sold out. They always go CU waiting for returns and cancellations.
No, they can't. The mintage limit is an actual limit. If they violate it once, they are done.
And if you think they can violate the limit on bullion coins, why can't they violate the limits on any coin? They have blanks, dies and a press.
Actually they couldn't without violating the terms under which the coins were sold. Plus such a move would severely damage their reputation.
My Adolph A. Weinman signature
Like they care about reputation, it's all about the Benjamin's, and they wouldn't be violating anything. There was no congressional legislation so they were minted under the bullion act. They could have easily upped the mintage if it was uber hot.
I was talking about the terms under which the Mint agreed to sell the coins to collectors. Part of those terms were that the Mint agreed to limit the quantity of those coins to a certain number. In other words, the coins were sold as a limited edition. Exceeding the advertised number would, in my opinion, violate the terms of sale.
And yes, the Mint does care about its reputation. If it were to go back on its word in regard to mintage limits, I would expect to see a massive drop in sales to collectors. Including me.
My Adolph A. Weinman signature
What "terms?" Is this in writing somewhere. What was that debacle in 2011 or 2012 where the mint did do this exact thing. Can't remember the coin but it did piss off a lot of people.
At $188 how much is the average Joe 6-pack (non-store) making on these after fees/delivery? $10? $15? It can't be much.
If they are paying full eBay fees at 10% + 3 % paypal + $6 priority shipping on $188 sale price: $12.50
They lose money on the annual proof and mint sets. If it was all about the Benjamin's they'd change that.
To my knowledge they have NEVER NEVER NEVER violated a mintage limit.
At full eBay final value fee rate (those with stores pay less), a sale of $190 with free shipping would net you about $15-$20, assuming the average collectors keeps one set and sells the other.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
They have. I just can't remember the offering. I'm sure someone does
I sure can't recall it happening in the last 10 years.
"I have a good memory, it just doesn't last very long."
How is this going against produ> @CascadeChris said:
I agree, I've been thinking about this since it was posted and keep drawing a blank.
Successful Trades: Swampboy,
The reason you can't remember is because it didn't happen. Congress dictates the mintage for all but bullion related items that the mint sells to collectors. The only products that are excluded from that law are items sold directly to the US Mints Authorized buyers and not to the public.
Thats an excellent reason.
Successful Trades: Swampboy,
I think, but don't hold me to It, that it was a silver eagle or silver eagle set. Maybe anniversary. I know it happened though. Someone else must.