@jabba said:
Doesn’t matter with the mint not having them ready to go. I think they will be sought after and we may have a sell out when the mint does get it together. There is the possibility they won’t be able to complete production with the other products they need to mint. Correct me if I’m wrong but I don’t know if they can strike these past 2019 they have to be done by the end of the year.
They have been sought after. But there is no demand for 100,000 of them at that price. [In my ever humble opinion.] The half dollar and dollar are much more reasonably priced for space memorabilia collectors. There simply aren't enough puck collectors for 100,000 of them.
Don't let your emotions cloud your reason. There's a reason the big boys haven't bought thousands of these on back order
My humble opinin you have written these off too early. The 2 coin sets sold out 95% to ( greedy) speculators. Most going unsold on ebay. In time the Kennedy's will go up but I don't have 20 years and I did buy some, I'm greedy too.
I have to agree that there is a lot to like about the pucks between the shape, the proof design, .999 silver, neat design commemorating the Apollo 11, etc. etc. Even if there isn't a sell out, these may be in demand for a long time to come.
@jabba said:
Doesn’t matter with the mint not having them ready to go. I think they will be sought after and we may have a sell out when the mint does get it together. There is the possibility they won’t be able to complete production with the other products they need to mint. Correct me if I’m wrong but I don’t know if they can strike these past 2019 they have to be done by the end of the year.
Don't think they strike them in the next year but many issues have been available for sale into the next year.
Commemoratives must come off sales before the end of the calendar year they were issued by law.
@jabba said:
Doesn’t matter with the mint not having them ready to go. I think they will be sought after and we may have a sell out when the mint does get it together. There is the possibility they won’t be able to complete production with the other products they need to mint. Correct me if I’m wrong but I don’t know if they can strike these past 2019 they have to be done by the end of the year.
They have been sought after. But there is no demand for 100,000 of them at that price. [In my ever humble opinion.] The half dollar and dollar are much more reasonably priced for space memorabilia collectors. There simply aren't enough puck collectors for 100,000 of them.
Don't let your emotions cloud your reason. There's a reason the big boys haven't bought thousands of these on back order
My humble opinin you have written these off too early. The 2 coin sets sold out 95% to ( greedy) speculators. Most going unsold on ebay. In time the Kennedy's will go up but I don't have 20 years and I did buy some, I'm greedy too.
And for the record, I have ONE puck on backorder for me. If I thought these would be hot, I would have 50 on backorder. I'm not allergic to making money.
You've put a lot more thought into this than me. We will have to wait and see.
Wow that sure is a lot of puck discussion. I will toss in my two cents worth
I agree with @jmlanzaf on the pucks. I doubt there will be a sellout and in fact, I don't even want it to sell out. The Feb 10th mint report has 62,715 sold and the Feb 17 report has only 62,533 sold. Not sure what the Feb 24th report will say, but not many rushed to order more during that time. First strikes have to have a postmark by Monday so none of the backorders will qualify at this stage. Most only want First Strikes, and for those that just like the coin they are already easily available.
When you see dozens of recent actual sales of coins IN HAND on eBay at $280 and factor less 6.15-10% fees depending on if a store or casual seller, and less 3% or so for PayPal, and then cost to mail and insurance, the margin is really not worth the time and effort.
Now if you get graded First Strikes in PCGS 70, of course there is value there, especially with some of the limited signed labels etc., , but all the ones that are not going to meet that minimum 70 grade will be dumped. PCGS is sitting on thousands of these in the grading room that will be out there to be sold soon, including some of mine and I got them sent in really fast.
They probably already sold more than the actual demand from those who really want to keep them and not flip.
@JimTyler said:
They sold 60k pucks in 9 minutes. Demand has nothing to do with it. Greed would have taken it to 100k.
That's not completely accurate. They sold 60,000 the first week. They sold 30,000 in the first 7 minutes. The first day was I think 45,000 if someone wants to check.
But that's not unusual for an issue like this.
And, you can tell greed all you want, but the only reason you would even care about demand and a sell out is your own greed. Otherwise you'd want no mintage limit for all mint products so everyone could get one whenever they wanted it.
You're making sheet up. I don't care about demand and unlimited would have been fine with me ( I just wouldn't have played) and yes I will admit my greed is what gets me involved at all when I see a flip but wouldn't have touched the two coin sets if I thought the best would be 20 bucks a set minus ebay fees and postage. Take a look in the mirror and see a bit of greed yourself. You're doing a lot more than I would for a $10 profit even I could do it 100 times to make a grand, not worth it to me. Don't forget about income tax. Too much book keeping to have 1/3 taken in tax.
What's really the point in arguing about this? 26 pages ago, these things were going to sell out and go for moon money (actual quote). No one knows what's going to happen and, yes, everyone wants to make a little cash and see these coins do well!
OK you win. The 2 coin sets are smart with overwhelming demand the pucks are dumb no demand. We'll see who gets to say I told you so down the road. Might be you. My opinions are just guesses I'm not in the business like you.
I watch the same sellers moving nothing at $75. Is this the Twilight Zone ?
Edit:
I'll eat some crow. Must have been awhile since I checked. They are selling at $75 but they sit if priced any higher. Wake me up when they're $125.
"An excessive desire to acquire or possess more than what one needs or deserves."
In the case of coins, it results in higher mintages than needed, and actually results in lower prices and profits in the long term because of excess supply.
@chesterb said:
What's really the point in arguing about this? 26 pages ago, these things were going to sell out and go for moon money (actual quote). No one knows what's going to happen and, yes, everyone wants to make a little cash and see these coins do well!
Oh, the good old days..26 pages ago.
This happens every time I usually don't get sucked into it.
_You can scoff at $75 (and I'M the greedy one) but $54 wholesale, $75 retail is a larger bid/ask spread than most coins. Morgan dollars are more like $55 bid $60 ask. The coin business has crappy margins as a rule. I'm thrilled with my $11 per set net profit. I just sold $110 classic commem for a net $8 profit.
Guess I've lost touch with reality, having to have to work for a living. Making a more than adequate pension and all I half to do is breath makes those deals of no interest. Maybe I'm not so greedy after all.
I really didn’t mean to start an argument
I will tell you what if they don’t sell out by December 31 2019 (the 5 0z coins) I will buy another one and do a give a way in January
Love they brother my brother
So my single puck (ordered at 12:08) shipped yesterday evening, making it a First Strike eligible puck. This definitely makes this a brown box collectable.
Method: Fedex Smartpost
Date Shipped: 02/25/19
Track Order: 612xxxxxxxxxxx
@BackroadJunkie said:
So my single puck (ordered at 12:08) shipped yesterday evening, making it a First Strike eligible puck. This definitely makes this a brown box collectable.
Method: Fedex Smartpost
Date Shipped: 02/25/19
Track Order: 612xxxxxxxxxxx
@BackroadJunkie said:
So my single puck (ordered at 12:08) shipped yesterday evening, making it a First Strike eligible puck. This definitely makes this a brown box collectable.
Method: Fedex Smartpost
Date Shipped: 02/25/19
Track Order: 612xxxxxxxxxxx
Has anyone else's backorder shipped?
Just received my puck today!!
So they're starting to ship. I wonder if there'll be a flood or if they'll trickle out of the Mint between ATB releases...
@Hemispherical said:
Sounds like good news for the pucks. Decided to order another one this past Saturday (23rd Feb). On backorder, CC was hit, and on backorder.
My card was initially hit too but they reversed it out. I looked at the FAQs and it appears they will charge it when it ships.
@Hemispherical said:
Sounds like good news for the pucks. Decided to order another one this past Saturday (23rd Feb). On backorder, CC was hit, and on backorder.
My card was initially hit too but they reversed it out. I looked at the FAQs and it appears they will charge it when it ships.
If you sell for $75 per set on Ebay and you don't get special discounts, then here is what I see for profit:
$75 - $7.50 Ebay fee - $2.25 PayPal fee and assume postage - $5.50 = Net of $59.75. The set original set was $53.95 so a profit of $5.80 per set assuming you got free shipping from the mint. You have to sell a heck of a lot of these to make much money if you are playing the flipping game.
@Schmitz7 said:
If you sell for $75 per set on Ebay and you don't get special discounts, then here is what I see for profit:
$75 - $7.50 Ebay fee - $2.25 PayPal fee and assume postage - $5.50 = Net of $59.75. The set original set was $53.95 so a profit of $5.80 per set assuming you got free shipping from the mint. You have to sell a heck of a lot of these to make much money if you are playing the flipping game.
I received the one dollar Apollo silvers and they do not fit in the blue PCGS 20 coin holders. The baseball curved ones fit if I remember so there must be a slight difference in thickness.
I see the real big square looking PCGS box maybe for ATB's or pucks, but wondered if there is one more like normal PCGS blue ones that hold maybe 15 instead of 20 that would work for the dollar size ones?
Any ideas? I have Intercept shield cardboard ones, but sort of like having them separated a bit and would prefer ones that are more like normal PCGS style.
Goldminer did you ask PCGS if they are going to sell a holder just for these? I suppose after mine come back I will be asking myself.
Of course maybe I will make one of my extra PCGS boxes custom fit it by cutting every other one to widen the slot. Maybe a dremel flat thin cutter.
Comments
Commems have to be sold in the year of issue
My humble opinin you have written these off too early. The 2 coin sets sold out 95% to ( greedy) speculators. Most going unsold on ebay. In time the Kennedy's will go up but I don't have 20 years and I did buy some, I'm greedy too.
I have to agree that there is a lot to like about the pucks between the shape, the proof design, .999 silver, neat design commemorating the Apollo 11, etc. etc. Even if there isn't a sell out, these may be in demand for a long time to come.
Commemoratives must come off sales before the end of the calendar year they were issued by law.
These will not be available in 2020.
You've put a lot more thought into this than me. We will have to wait and see.
My single puck flipped from "backordered" to "processing". Again. (This is my 12:08 order.)
Hopefully, this time it will stick...
@JimTyler. LOL your avatar. I paid my respects to Doc when I was in Colo Springs.
Damn near died climbing up to Linwood Cemetery. Ain't no air at 6500' above sea level...
Surprised anyone noticed or knew what it was?
jmlanzaf... listen to him. He isn’t talking nonsense.
Wondercoin.
Jmlanzaf... I said for everyone to listen to YOU. Maybe I wasn’t clear enough?
Wondercoin.
Wow that sure is a lot of puck discussion. I will toss in my two cents worth
I agree with @jmlanzaf on the pucks. I doubt there will be a sellout and in fact, I don't even want it to sell out. The Feb 10th mint report has 62,715 sold and the Feb 17 report has only 62,533 sold. Not sure what the Feb 24th report will say, but not many rushed to order more during that time. First strikes have to have a postmark by Monday so none of the backorders will qualify at this stage. Most only want First Strikes, and for those that just like the coin they are already easily available.
When you see dozens of recent actual sales of coins IN HAND on eBay at $280 and factor less 6.15-10% fees depending on if a store or casual seller, and less 3% or so for PayPal, and then cost to mail and insurance, the margin is really not worth the time and effort.
Now if you get graded First Strikes in PCGS 70, of course there is value there, especially with some of the limited signed labels etc., , but all the ones that are not going to meet that minimum 70 grade will be dumped. PCGS is sitting on thousands of these in the grading room that will be out there to be sold soon, including some of mine and I got them sent in really fast.
They probably already sold more than the actual demand from those who really want to keep them and not flip.
My US Mint Commemorative Medal Set
They sold 60k pucks in 9 minutes. Demand has nothing to do with it. Greed would have taken it to 100k.
You're making sheet up. I don't care about demand and unlimited would have been fine with me ( I just wouldn't have played) and yes I will admit my greed is what gets me involved at all when I see a flip but wouldn't have touched the two coin sets if I thought the best would be 20 bucks a set minus ebay fees and postage. Take a look in the mirror and see a bit of greed yourself. You're doing a lot more than I would for a $10 profit even I could do it 100 times to make a grand, not worth it to me. Don't forget about income tax. Too much book keeping to have 1/3 taken in tax.
What's really the point in arguing about this? 26 pages ago, these things were going to sell out and go for moon money (actual quote). No one knows what's going to happen and, yes, everyone wants to make a little cash and see these coins do well!
OK you win. The 2 coin sets are smart with overwhelming demand the pucks are dumb no demand. We'll see who gets to say I told you so down the road. Might be you. My opinions are just guesses I'm not in the business like you.
No demands for two coin sets? There selling on eBay for $75 a pop like hot cakes
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
I watch the same sellers moving nothing at $75. Is this the Twilight Zone ?
Edit:
I'll eat some crow. Must have been awhile since I checked. They are selling at $75 but they sit if priced any higher. Wake me up when they're $125.
Greed,
"An excessive desire to acquire or possess more than what one needs or deserves."
In the case of coins, it results in higher mintages than needed, and actually results in lower prices and profits in the long term because of excess supply.
My US Mint Commemorative Medal Set
This happens every time I usually don't get sucked into it.
_You can scoff at $75 (and I'M the greedy one) but $54 wholesale, $75 retail is a larger bid/ask spread than most coins. Morgan dollars are more like $55 bid $60 ask. The coin business has crappy margins as a rule. I'm thrilled with my $11 per set net profit. I just sold $110 classic commem for a net $8 profit.
Guess I've lost touch with reality, having to have to work for a living. Making a more than adequate pension and all I half to do is breath makes those deals of no interest. Maybe I'm not so greedy after all.
I really didn’t mean to start an argument
I will tell you what if they don’t sell out by December 31 2019 (the 5 0z coins) I will buy another one and do a give a way in January
Love they brother my brother
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
Quoting myself... forgot to add that the introductory pricing also ends. See @BackroadJunkie OP for regular prices.
So my single puck (ordered at 12:08) shipped yesterday evening, making it a First Strike eligible puck. This definitely makes this a brown box collectable.
Has anyone else's backorder shipped?
Just received my puck today!!
So they're starting to ship. I wonder if there'll be a flood or if they'll trickle out of the Mint between ATB releases...
Sounds like good news for the pucks. Decided to order another one this past Saturday (23rd Feb). On backorder, CC was hit, and on backorder.
My card was initially hit too but they reversed it out. I looked at the FAQs and it appears they will charge it when it ships.
Thanks for the heads-up/reminder @chesterb.
If you sell for $75 per set on Ebay and you don't get special discounts, then here is what I see for profit:
$75 - $7.50 Ebay fee - $2.25 PayPal fee and assume postage - $5.50 = Net of $59.75. The set original set was $53.95 so a profit of $5.80 per set assuming you got free shipping from the mint. You have to sell a heck of a lot of these to make much money if you are playing the flipping game.
It’s not a 10% eBay fee if you use a store.
Don't quote me on that.
Update 2019 APOLLO 11 SILVER PROOF 5 OZ
sales 63428
02/24/2019
My US Mint Commemorative Medal Set
Feb 24 data from the Mint. Full sales data can be found in post 3 of this thread.
Well, except for the sold out half set, things are in the positive column again.
Interesting we never saw the big hit for CC returns. Looks like it was last week...
I received the one dollar Apollo silvers and they do not fit in the blue PCGS 20 coin holders. The baseball curved ones fit if I remember so there must be a slight difference in thickness.
I see the real big square looking PCGS box maybe for ATB's or pucks, but wondered if there is one more like normal PCGS blue ones that hold maybe 15 instead of 20 that would work for the dollar size ones?
Any ideas? I have Intercept shield cardboard ones, but sort of like having them separated a bit and would prefer ones that are more like normal PCGS style.
My US Mint Commemorative Medal Set
Goldminer did you ask PCGS if they are going to sell a holder just for these? I suppose after mine come back I will be asking myself.
Of course maybe I will make one of my extra PCGS boxes custom fit it by cutting every other one to widen the slot. Maybe a dremel flat thin cutter.