The eBay actual sold listings have only 3-4 set sales per day the past 2 days, (yes some sellers had more than one set, but still very few seller listings with actual sales). There are now 66 sellers trying to sell. This is dead money without a sellout soon, and if no known errors to look for.
@jwitten said:
Lifted the household limit and still no sellout? Glad I went with my gut.
I am disappointed, I went with my gut
Mine are arriving today. If there is even the slightest flaw on any of them, up to 10 sets will be headed back. I don't care about return policy as I don't plan on buying from them for a long time.
@dmwest said:
I have looked through a few of my sets and have seen some areas, on the penny, that I will take some close up shots of and post later this evening.
Thanks. I am interested in what other people who have these already see under magnification and good light. Quality is the key more than mintage. I will be looking at mine in several hours.
@Goldminers said:
Thanks. I am interested in what other people who have these already see under magnification and good light. Quality is the key more than mintage. I will be looking at mine in several hours.
I've got to break out my good light but I did see on at least 1 set some of the orange splotches like the ones on the EU sets. I also think the G in God looks off to me, but I want to get pictures to share...
@Gluggo said:
I wont get mine for a week I told them to ship the slow boat method.
Do you live in Hawaii?
I think the mint ships to Hawaii via UPS ground rather than Smartpost. They'll get their sets sooner than I will. Even though I had an early order, I still won't get my early order until next week, my second order (placed minutes after my first) is marked as shipped but hasn't left Memphis yet, and my third order (placed the next day) hasn't even shipped yet.
Edit to add: Distance from Memphis to Hawaii: 4000 miles. Distance from Memphis to me: 500 miles. Grrrrr....
And to those who are disappointed this hasn't sold out, TWO HUNDRED THOUSAND is a pretty big number. I wouldn't start any estimations on sell-out until Tuesday's numbers come out...
Everyone is talking to the mintage # question. Which makes me think, "If the mint did not release the number of products minted, would their products be successful?"
@mt_msla said:
Everyone is talking to the mintage # question. Which makes me think, "If the mint did not release the number of products minted, would their products be successful?"
This could apply to any of their products....
Thoughts?
A frightening thought. I believe the answer is very complicated, as that is a very good question.
If they allowed unlimited household limits and all bulk buyers had to pay the same price as those who buy one set or a thousand, that could be interesting and more fair. There would be some Mint person who would monitor sales, and when they flatten off just stop production of that one. The scary thing as I do not know a good way to predict the impact.
There are actually some logical reasons for this approach. If I could have bought 100, maybe I would not have bought 10, now that I wish I had bought 2 or 3.
As long as they state sales every week and show when things are fading, it seems reasonable to me.
@Gluggo said:
I wont get mine for a week I told them to ship the slow boat method.
Do you live in Hawaii?
I think the mint ships to Hawaii via UPS ground rather than Smartpost. They'll get their sets sooner than I will. Even though I had an early order, I still won't get my early order until next week, my second order (placed minutes after my first) is marked as shipped but hasn't left Memphis yet, and my third order (placed the next day) hasn't even shipped yet.
Edit to add: Distance from Memphis to Hawaii: 4000 miles. Distance from Memphis to me: 500 miles. Grrrrr....
And to those who are disappointed this hasn't sold out, TWO HUNDRED THOUSAND is a pretty big number. I wouldn't start any estimations on sell-out until Tuesday's numbers come out...
Actually @BackroadJunkie they listened for a change. They don't ship Stupid Post to Hawaii except for subscription items. Those, from the most loyal Mint customers, still get shipped the slowest dumbest awful way = Stupid Post.
New orders, like Monday's AG Rev PF sets, now come Priority Mail. Informed Delivery estimates Friday for my one set. Could be tomorrow.
@mt_msla said:
Everyone is talking to the mintage # question. Which makes me think, "If the mint did not release the number of products minted, would their products be successful?"
This could apply to any of their products....
Thoughts?
Their product is successful. They only indirectly care about the secondary market. They are not a reseller. They only care about price appreciation to whatever degree it increases overall sales.
@jmlanzaf for the most part I agree their products are successful. But I don't follow everything that they offer...base metal medals, the presidential spouse gold to name two...so I can't really say on some of their offerings.
I guess more into my question would follow, "if numbers weren't released, wouldn't it follow there would be fewer products? Or more mintage rarities?" But then, if there were more mintage rarities, well, who would know it outside of the mint itself!
@Kkathyl said: @jmlanzaf I think the US mint setting a production number of 200,000 was problem 1. if they took it down to even 125,000 it would of been a winner. They are just out of touch IMO.
well, to be fair, their goal is not to create flipping opportunities. That said, people should be at least a little concerned that coin demand continues to fall. If there aren't 200,000 hard-core Lincoln cent collectors anymore, the hobby is in trouble. [Of course, they may be waiting to be single coins.]
unlike the EU Lincolns, these a proof related, not MS related. Comparing them to a MS 1909 S VDB's mintage is not valid.
The number of Proof Lincoln collectors is what matters. There may be a lot less than 200,000 of them.
OTOH, you only need 200,000 silver proof set collectors out there. There does seem to be that many. The question is if they will spring for this extra set.
Now that I've seem a forumite's pictures, I do think they are nice looking coins.
My question is if the Lincoln has spots or plating bubbles, and if the dollar coin has spots.
@mt_msla said: @jmlanzaf for the most part I agree their products are successful. But I don't follow everything that they offer...base metal medals, the presidential spouse gold to name two...so I can't really say on some of their offerings.
I guess more into my question would follow, "if numbers weren't released, wouldn't it follow there would be fewer products? Or more mintage rarities?" But then, if there were more mintage rarities, well, who would know it outside of the mint itself!
Eh. I'm rambling.
LOL. They don't really want rarities. Rarities lose them money, unless it's just an off metal strike or something. There are certain fixed costs to creating the designs and the dies. Let's say it costs $1 million to do this. [That's probably the right order of magnitude if not the right number.]
On a coin with a mintage of 10,000 they need to add $100 to the costs of each coin. With a mintage of 100,000 they need to add $10 to each coin. This is probably reflected in the higher premium on coins like the Palladium issue.
The only "rarity" that would help is if they used different planchets with the same dies as the incremental planchet costs are minimal, especially if base metal. But the market would really scoff at the Mint creating a single Rhodium eagle and selling it for $100,000
If you look at most U.S. mint products, they sell them for YEARS just trying to maximize units sold. You can still buy the 2017 silver proof sets and 2016 silver proof eagles and 2016 gold proof eagles.
Every now and then, the MInt tries to create buzz to suck us in to buying their sets. So they go with a "limited edition" and try to get the hype going. When they create a "winner" like this, it encourages the would-be flippers to sink all kinds of money into crap that doesn't appreciate.
If you want to be a coin dealer, the Mint is NOT your supplier. They are your competitor. They don't wholesale coins except to their bulk dealers and even then their discounts are laughably small for a "wholesaler".
@Kkathyl said: @jmlanzaf I think the US mint setting a production number of 200,000 was problem 1. if they took it down to even 125,000 it would of been a winner. They are just out of touch IMO.
well, to be fair, their goal is not to create flipping opportunities. That said, people should be at least a little concerned that coin demand continues to fall. If there aren't 200,000 hard-core Lincoln cent collectors anymore, the hobby is in trouble. [Of course, they may be waiting to be single coins.]
unlike the EU Lincolns, these a proof related, not MS related. Comparing them to a MS 1909 S VDB's mintage is not valid.
The number of Proof Lincoln collectors is what matters. There may be a lot less than 200,000 of them.
OTOH, you only need 200,000 silver proof set collectors out there. There does seem to be that many. The question is if they will spring for this extra set.
Now that I've seem a forumite's pictures, I do think they are nice looking coins.
My question is if the Lincoln has spots or plating bubbles, and if the dollar coin has spots.
What are your spots and bubbles reports?
I never compared them to S-VDB cents. Fake news.
The point is that there used to be millions of regular proof sets sold (4 million in 1981). Hundreds of thousands of those sets were broken up for album placement. Now, they sell about half a million sets per year. People want to think that this says nothing about the depth of the coin market, but that's silly.
The weakness in the widget market may well be the canary in the coal mine (gold mine?). We ignore it at our own peril.
And to those who are disappointed this hasn't sold out, TWO HUNDRED THOUSAND is a pretty big number. I wouldn't start any estimations on sell-out until Tuesday's numbers come out...
I don't care that people are disappointed. Those people believe the Mint is Santa Claus trying to create quick flip opportunities for their RETAIL CUSTOMERS.
200,000 is a pretty big number...because the number of collectors may be shrinking. They sold 4 million regular old proof sets in 1981. I know, I know, it's just "Mint products"...except it's not. This is why I am concerned.
I'm a little tired of people pointing to the Pogue collection or the Eliasberg collection and telling me how healthy the hobby is. The shrinking interest in widgets (from proof sets to common date circ Morgan $s to circ Lincoln cents...) is potentially a sign of a shrinking collector base. If we are interested in the overall health of the hobby, we should be concerned about the widget market also.
@Kkathyl said: @jmlanzaf I think the US mint setting a production number of 200,000 was problem 1. if they took it down to even 125,000 it would of been a winner. They are just out of touch IMO.
I did buy some of these, but just a small fraction of the number of 2017 Enhanced sets I bought last year. We all know how the Enhanced Sets turned out. And, I am not overly optimistic these sets will perform a whole lot better (although I personally believe they will perform somewhat better). But, there are often other factors present for dealers like myself in buying sets like these.
First, even if they end up "break even" in the end, grading thousands of coins from these sets helps achieve the highest "bulk account" rating at PCGS (and, hence, the lowest bulk pricing for 2019).
Second, my son Justin enjoys meeting hundreds, if not thousands, of coin buyers when he sells coins like these on eBay under his "monstercoinmart" account. A buyer of a sub-$100 coin might be your next million dollar customer. You just never know.
Third, and most important to me, buying products like these on the right credit cards earns valuable points used in my business. I expect to take at least (5) trips to Asia this year (4th trip coming up in a few weeks). I love flying First Class and not paying for the tickets using points. My last trip on one of the finest airlines in the sky allowed me to fly (round trip) First Class ($15,000 USD) for just 120,000 points (and less than $100 cash)..
So, if I spend $120,000 on Mint product, I can enjoy $15,000 in free airline ticket value - tickets I could never justify paying cash for, but don't think twice about using the points to obtain. Here is the "hidden", near 10%, added return on coins most never consider or take advantage of. These 120,000 points not used effectively can have a value of just $1,200 to most people as compared to $15,000 to me on that International travel.
Sorry, I departed from straight coin talk, but, the 3 factors I mentioned above often greatly justify dealing with products that appear to be marginal at best (while being "winners" to a coin business). To the average collector, a product might appear to be a no question "avoid" while at the same time that product might work wonderfully to a coin business considering the "intangibles". Understand what YOUR personal strategy needs to be before buying, or not buying, bulk quantities of sets like these.
@Kkathyl said: @jmlanzaf I think the US mint setting a production number of 200,000 was problem 1. if they took it down to even 125,000 it would of been a winner. They are just out of touch IMO.
@Kkathyl said: @jmlanzaf I think the US mint setting a production number of 200,000 was problem 1. if they took it down to even 125,000 it would of been a winner. They are just out of touch IMO.
I wish Justin could see my unopened 10 sets sitting on the table in my kitchen I just received an hour ago and tell me what to get rid of, or consign to him for a fee? No way can I pay $16 + 18 FS label for 10 of these coins each, let alone 100 graded. That is $3,400 to grade and slab 100 FS vs $550 purchased coin value. Yikes.
I know he has a knack for this, which is why he is successful. I am not.
@mt_msla said:
Everyone is talking to the mintage # question. Which makes me think, "If the mint did not release the number of products minted, would their products be successful?"
This could apply to any of their products....
Thoughts?
You are mistaking the Mint as a profit driven company instead of being part of the government. Most of the numis products the Mint produces is constrained and/or required by law. It doesn't matter if their products are successful, their charter is just not to lose money, and their mark-ups pretty much guaranty that. (Well, except for proof and mint sets, but those are required by law.) Profits don't benefit the Mint, it goes back into Treasury, so there really isn't a profit motive.
Even if some products sell like caca like the (3 quarter ATB cards come to mind), they're still more than break even considering the markup (75 cents to $9.95) plus seigniorage of the quarters.
That they are a governmental agency, given the complaints of just the past few years, (the 2015 APE, the Truman and Ike C&C's, the 2017-S ASE's come to mind), there will probably never be a shortage of any product for anyone.
The only way we're going to see some sort of flip or short sell outs (imho) will be if the Mint accidentally produces a nice and/or interesting coin. (Baseball HoF coins come to mind. So do the upcoming Apollo coins.)
I should have used a blank post instead of incorrectly quoting yours.
I admit responsibility for a dumb post. I do not consider them the same at all, I was just pointing out the mintage is less than half. Big difference of remaining coins after 109 years, 1909-S VDB, vs today. I was just stating long term, not likely in my lifetime, these could be maybe in the top 5 Lincolns?
I am shocked that anyone thought there would be a fast sell out when the EU set took almost a year to sell out and they did not sell the full 225k.
It is interesting to learn the pace of the silver proof set hitting 200,000. It can be hoped these will take a similar amount of time. However, I just do not see a big aftermarket for these. At 200,000 just about everyone that wants one will have one.
So, if I spend $120,000 on Mint product, I can enjoy $15,000 in free airline ticket value - tickets I could never justify paying cash for, but don't think twice about using the points to obtain.
As always, just my 2 cents. Wondercoin.
So, now you know it to be true. You have turned to the credit card dark side.
@mt_msla said: @jmlanzaf for the most part I agree their products are successful. But I don't follow everything that they offer...base metal medals, the presidential spouse gold to name two...so I can't really say on some of their offerings.
Base metal medals? Which one's were those? They do bronze and silver medals.
The presidential spouse coins were produced because of some clown in congress. Don't blame the Mint for the Act of the Congress critters.
@Gluggo said:
I wont get mine for a week I told them to ship the slow boat method.
Do you live in Hawaii?
I think the mint ships to Hawaii via UPS ground rather than Smartpost. They'll get their sets sooner than I will. Even though I had an early order, I still won't get my early order until next week, my second order (placed minutes after my first) is marked as shipped but hasn't left Memphis yet, and my third order (placed the next day) hasn't even shipped yet.
Edit to add: Distance from Memphis to Hawaii: 4000 miles. Distance from Memphis to me: 500 miles. Grrrrr....
And to those who are disappointed this hasn't sold out, TWO HUNDRED THOUSAND is a pretty big number. I wouldn't start any estimations on sell-out until Tuesday's numbers come out...
Actually @BackroadJunkie they listened for a change. They don't ship Stupid Post to Hawaii except for subscription items. Those, from the most loyal Mint customers, still get shipped the slowest dumbest awful way = Stupid Post.
Their subscription service seems to be a whole different animal. They have their own order numbers, and prior to this year, subscriptions wouldn't get free shipping during free shipping promotions.
New orders, like Monday's AG Rev PF sets, now come Priority Mail. Informed Delivery estimates Friday for my one set. Could be tomorrow.
Priority is even better. It'll still be before me.
So, if I spend $120,000 on Mint product, I can enjoy $15,000 in free airline ticket value - tickets I could never justify paying cash for, but don't think twice about using the points to obtain.
As always, just my 2 cents. Wondercoin.
So, now you know it to be true. You have turned to the credit card dark side.
BWAhahahaha... You don't know the power of the dark side... (wheeze)
I am one of those who will charge everything and pay it off every month and get thousands (over time) in perks. Mostly cash these days.
Only way I can think of to get money for spending money. I have to buy groceries, gas and insurance and coins (keeping this on topic), might as well get some of it back...
I wish Justin could see my unopened 10 sets sitting on the table in my kitchen I just received an hour ago and tell me what to get rid of, or consign to him for a fee? No way can I pay $16 + 18 FS label for 10 of these coins each, let alone 100 graded. That is $3,400 to grade and slab 100 FS vs $550 purchased coin value. Yikes.
I know he has a knack for this, which is why he is successful. I am not.
My three cents. LO
Rarely worth submitting moderns to the Mint. You can't compete with the bulk submission rates of the big guys. It's almost always cheaper to buy them already graded on the secondary market.
@MsMorrisine said:
I am shocked that anyone thought there would be a fast sell out when the EU set took almost a year to sell out and they did not sell the full 225k.
It is interesting to learn the pace of the silver proof set hitting 200,000. It can be hoped these will take a similar amount of time. However, I just do not see a big aftermarket for these. At 200,000 just about everyone that wants one will have one.
Well, to be fair, the EU sets sold out on the 1st day in less than an hour. Then the avalanche of returns started....
Well, that ended up being true, but only because of returns, cancellation and panic. They did sell 225,000 in half an hour. The fact that the sell-out unraveled is probably part of the reason this offering didn't sell out. The big boys seem to have significantly cut their orders.
Wondercoin,
I wish Justin could see my unopened 10 sets sitting on the table in my kitchen I just received an hour ago and tell me what to get rid of, or consign to him for a fee? No way can I pay $16 + 18 FS label for 10 of these coins each, let alone 100 graded. That is $3,400 to grade and slab 100 FS vs $550 purchased coin value. Yikes.
I know he has a knack for this, which is why he is successful. I am not.
My three cents. LOL
Goldminers. Meet up with us one afternoon in Irvine, CA and we will be happy to do that for you at no fee and buy you lunch as well.
Wondercoin.
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
@wondercoin said:
Wondercoin,
I wish Justin could see my unopened 10 sets sitting on the table in my kitchen I just received an hour ago and tell me what to get rid of, or consign to him for a fee? No way can I pay $16 + 18 FS label for 10 of these coins each, let alone 100 graded. That is $3,400 to grade and slab 100 FS vs $550 purchased coin value. Yikes.
I know he has a knack for this, which is why he is successful. I am not.
My three cents. LOL
Goldminers. Meet up with us one afternoon in Irvine, CA and we will be happy to do that for you at no fee and buy you lunch as well.
Wondercoin.
Mitch,
Thanks for that. I actually hope that someday I can get down into PCGS territory near you for a chat.
Comments
I bought one set.
Like Mitch, I hope it pays off in points and miles.
I believe at the very least (or most) it will get me through TSA.
Still no sell out. Glad I just got one. First mint purchase in 20 years. Should have known better. Another turkey.
The eBay actual sold listings have only 3-4 set sales per day the past 2 days, (yes some sellers had more than one set, but still very few seller listings with actual sales). There are now 66 sellers trying to sell. This is dead money without a sellout soon, and if no known errors to look for.
My US Mint Commemorative Medal Set
Did we sell out yet?
Come on baby 7-11 baby needs a new pair of shoes!
I am disappointed, I went with my gut
Mine are arriving today. If there is even the slightest flaw on any of them, up to 10 sets will be headed back. I don't care about return policy as I don't plan on buying from them for a long time.
My US Mint Commemorative Medal Set
1st time I bought "0"
Ya and that's going to happen to some they are going to get you know.
Hoard the keys.
Does anyone know if they have more than 10k sets still available there?
Is that dolphin a male or female? Hard to tell these days.
My US Mint Commemorative Medal Set
I have looked through a few of my sets and have seen some areas, on the penny, that I will take some close up shots of and post later this evening.
Don't quote me on that.
Thanks. I am interested in what other people who have these already see under magnification and good light. Quality is the key more than mintage. I will be looking at mine in several hours.
My US Mint Commemorative Medal Set
I wont get mine for a week I told them to ship the slow boat method.
I've got to break out my good light but I did see on at least 1 set some of the orange splotches like the ones on the EU sets. I also think the G in God looks off to me, but I want to get pictures to share...
Don't quote me on that.
Do you live in Hawaii?
My US Mint Commemorative Medal Set
I think the mint ships to Hawaii via UPS ground rather than Smartpost. They'll get their sets sooner than I will. Even though I had an early order, I still won't get my early order until next week, my second order (placed minutes after my first) is marked as shipped but hasn't left Memphis yet, and my third order (placed the next day) hasn't even shipped yet.
Edit to add: Distance from Memphis to Hawaii: 4000 miles. Distance from Memphis to me: 500 miles. Grrrrr....
And to those who are disappointed this hasn't sold out, TWO HUNDRED THOUSAND is a pretty big number. I wouldn't start any estimations on sell-out until Tuesday's numbers come out...
Worse I live in the United States of Alaska
So you live there as a resident so they give you $1,000+ free oil money every year for coin purchases. Can't beat that deal!
My US Mint Commemorative Medal Set
Everyone is talking to the mintage # question. Which makes me think, "If the mint did not release the number of products minted, would their products be successful?"
This could apply to any of their products....
Thoughts?
Insert witicism here. [ xxx ]
A frightening thought. I believe the answer is very complicated, as that is a very good question.
If they allowed unlimited household limits and all bulk buyers had to pay the same price as those who buy one set or a thousand, that could be interesting and more fair. There would be some Mint person who would monitor sales, and when they flatten off just stop production of that one. The scary thing as I do not know a good way to predict the impact.
There are actually some logical reasons for this approach. If I could have bought 100, maybe I would not have bought 10, now that I wish I had bought 2 or 3.
As long as they state sales every week and show when things are fading, it seems reasonable to me.
My US Mint Commemorative Medal Set
My order shipped today.
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
Actually @BackroadJunkie they listened for a change. They don't ship Stupid Post to Hawaii except for subscription items. Those, from the most loyal Mint customers, still get shipped the slowest dumbest awful way = Stupid Post.
New orders, like Monday's AG Rev PF sets, now come Priority Mail. Informed Delivery estimates Friday for my one set. Could be tomorrow.
Their product is successful. They only indirectly care about the secondary market. They are not a reseller. They only care about price appreciation to whatever degree it increases overall sales.
@jmlanzaf for the most part I agree their products are successful. But I don't follow everything that they offer...base metal medals, the presidential spouse gold to name two...so I can't really say on some of their offerings.
I guess more into my question would follow, "if numbers weren't released, wouldn't it follow there would be fewer products? Or more mintage rarities?" But then, if there were more mintage rarities, well, who would know it outside of the mint itself!
Eh. I'm rambling.
Insert witicism here. [ xxx ]
unlike the EU Lincolns, these a proof related, not MS related. Comparing them to a MS 1909 S VDB's mintage is not valid.
The number of Proof Lincoln collectors is what matters. There may be a lot less than 200,000 of them.
OTOH, you only need 200,000 silver proof set collectors out there. There does seem to be that many. The question is if they will spring for this extra set.
Now that I've seem a forumite's pictures, I do think they are nice looking coins.
My question is if the Lincoln has spots or plating bubbles, and if the dollar coin has spots.
What are your spots and bubbles reports?
LOL. They don't really want rarities. Rarities lose them money, unless it's just an off metal strike or something. There are certain fixed costs to creating the designs and the dies. Let's say it costs $1 million to do this. [That's probably the right order of magnitude if not the right number.]
On a coin with a mintage of 10,000 they need to add $100 to the costs of each coin. With a mintage of 100,000 they need to add $10 to each coin. This is probably reflected in the higher premium on coins like the Palladium issue.
The only "rarity" that would help is if they used different planchets with the same dies as the incremental planchet costs are minimal, especially if base metal. But the market would really scoff at the Mint creating a single Rhodium eagle and selling it for $100,000
If you look at most U.S. mint products, they sell them for YEARS just trying to maximize units sold. You can still buy the 2017 silver proof sets and 2016 silver proof eagles and 2016 gold proof eagles.
Every now and then, the MInt tries to create buzz to suck us in to buying their sets. So they go with a "limited edition" and try to get the hype going. When they create a "winner" like this, it encourages the would-be flippers to sink all kinds of money into crap that doesn't appreciate.
If you want to be a coin dealer, the Mint is NOT your supplier. They are your competitor. They don't wholesale coins except to their bulk dealers and even then their discounts are laughably small for a "wholesaler".
I never compared them to S-VDB cents. Fake news.
The point is that there used to be millions of regular proof sets sold (4 million in 1981). Hundreds of thousands of those sets were broken up for album placement. Now, they sell about half a million sets per year. People want to think that this says nothing about the depth of the coin market, but that's silly.
The weakness in the widget market may well be the canary in the coal mine (gold mine?). We ignore it at our own peril.
I don't care that people are disappointed. Those people believe the Mint is Santa Claus trying to create quick flip opportunities for their RETAIL CUSTOMERS.
200,000 is a pretty big number...because the number of collectors may be shrinking. They sold 4 million regular old proof sets in 1981. I know, I know, it's just "Mint products"...except it's not. This is why I am concerned.
I'm a little tired of people pointing to the Pogue collection or the Eliasberg collection and telling me how healthy the hobby is. The shrinking interest in widgets (from proof sets to common date circ Morgan $s to circ Lincoln cents...) is potentially a sign of a shrinking collector base. If we are interested in the overall health of the hobby, we should be concerned about the widget market also.
dealer friend bought 130 sets ,,,,he thinks RPs unique .....will sell
LOL,, if not Singapore
Is this the same dealer friend who had 400 EU sets?
I(s this the same dealer friend that has omnipotence?
I should have used a blank post instead of incorrectly quoting yours.
Wondercoin,
I wish Justin could see my unopened 10 sets sitting on the table in my kitchen I just received an hour ago and tell me what to get rid of, or consign to him for a fee? No way can I pay $16 + 18 FS label for 10 of these coins each, let alone 100 graded. That is $3,400 to grade and slab 100 FS vs $550 purchased coin value. Yikes.
I know he has a knack for this, which is why he is successful. I am not.
My three cents. LOL
My US Mint Commemorative Medal Set
You are mistaking the Mint as a profit driven company instead of being part of the government. Most of the numis products the Mint produces is constrained and/or required by law. It doesn't matter if their products are successful, their charter is just not to lose money, and their mark-ups pretty much guaranty that. (Well, except for proof and mint sets, but those are required by law.) Profits don't benefit the Mint, it goes back into Treasury, so there really isn't a profit motive.
Even if some products sell like caca like the (3 quarter ATB cards come to mind), they're still more than break even considering the markup (75 cents to $9.95) plus seigniorage of the quarters.
That they are a governmental agency, given the complaints of just the past few years, (the 2015 APE, the Truman and Ike C&C's, the 2017-S ASE's come to mind), there will probably never be a shortage of any product for anyone.
The only way we're going to see some sort of flip or short sell outs (imho) will be if the Mint accidentally produces a nice and/or interesting coin. (Baseball HoF coins come to mind. So do the upcoming Apollo coins.)
I admit responsibility for a dumb post. I do not consider them the same at all, I was just pointing out the mintage is less than half. Big difference of remaining coins after 109 years, 1909-S VDB, vs today. I was just stating long term, not likely in my lifetime, these could be maybe in the top 5 Lincolns?
My US Mint Commemorative Medal Set
I am shocked that anyone thought there would be a fast sell out when the EU set took almost a year to sell out and they did not sell the full 225k.
It is interesting to learn the pace of the silver proof set hitting 200,000. It can be hoped these will take a similar amount of time. However, I just do not see a big aftermarket for these. At 200,000 just about everyone that wants one will have one.
So, now you know it to be true. You have turned to the credit card dark side.
Base metal medals? Which one's were those? They do bronze and silver medals.
The presidential spouse coins were produced because of some clown in congress. Don't blame the Mint for the Act of the Congress critters.
Their subscription service seems to be a whole different animal. They have their own order numbers, and prior to this year, subscriptions wouldn't get free shipping during free shipping promotions.
Priority is even better.
It'll still be before me. 
BWAhahahaha... You don't know the power of the dark side... (wheeze)
I am one of those who will charge everything and pay it off every month and get thousands (over time) in perks. Mostly cash these days.
Only way I can think of to get money for spending money. I have to buy groceries, gas and insurance and coins (keeping this on topic), might as well get some of it back...
Rarely worth submitting moderns to the Mint. You can't compete with the bulk submission rates of the big guys. It's almost always cheaper to buy them already graded on the secondary market.
Well, to be fair, the EU sets sold out on the 1st day in less than an hour. Then the avalanche of returns started....
It wasn't a true sell out
and they were cancellations day 1, then returns.
Well, that ended up being true, but only because of returns, cancellation and panic. They did sell 225,000 in half an hour. The fact that the sell-out unraveled is probably part of the reason this offering didn't sell out. The big boys seem to have significantly cut their orders.
These coins were a much better investment than Facebook today!
My US Mint Commemorative Medal Set
AMZN was on sale in the after hours market
Wondercoin,
I wish Justin could see my unopened 10 sets sitting on the table in my kitchen I just received an hour ago and tell me what to get rid of, or consign to him for a fee? No way can I pay $16 + 18 FS label for 10 of these coins each, let alone 100 graded. That is $3,400 to grade and slab 100 FS vs $550 purchased coin value. Yikes.
I know he has a knack for this, which is why he is successful. I am not.
My three cents. LOL
Goldminers. Meet up with us one afternoon in Irvine, CA and we will be happy to do that for you at no fee and buy you lunch as well.
Wondercoin.
Mitch,
Thanks for that. I actually hope that someday I can get down into PCGS territory near you for a chat.
All the best to you and your skilled family!
My US Mint Commemorative Medal Set
Is it just me or is that B off?
Don't quote me on that.
unfrosted B variety ?
Forget the B, are those rim damages at 9:45?