Mint ships 921 W-Mint cents...

BackroadJunkie · March 8, 2019 2:47PM

Oops.

From Coin World:

Mint inadvertently sells individual Proof 2019-W Lincoln cents, at face value

A total of 91 lucky United States Mint customers on March 3 and 4 were able to successfully order 921 individual Proof 2019-W Lincoln cents at face value, which were then shipped to them before officials realized that an internal system used for tracking Mint products was made public and became a live catalog order page.

Another 270 orders for 41,509 cents were canceled, according to the Mint

CaptHenway · March 8, 2019 2:47PM

Yes, Virginia, there IS a Santa Claus!!!!

CaptHenway · March 8, 2019 2:56PM

Can we issue a "GROUP YOU SUCK AWARD"????

ChrisH821 · March 8, 2019 3:02PM

Nice!

ChrisH821 · March 8, 2019 3:03PM

Expect the next mint offering to cost more to offset losses.

Hemispherical · March 8, 2019 3:05PM

Timing is everything.

Gluggo · March 8, 2019 3:22PM

@Hemispherical said:
Timing is everything.

I believe you were almost there. I tried too but was too late!

So the question begs is it worth it to send these pennies in for grading?

Goldminers · March 8, 2019 4:06PM

@ChrisH821 said:
Expect the next mint offering to cost more to offset losses.

Those lucky people sure got their "two cents worth".

Hemispherical · March 8, 2019 4:37PM

Bored. So, here are the estimated price points to slab the cents. Calculations done on the fly and errors are probable.

Key:
number of cents: per coin fee total + processing fee + insurance + USPS Small Priority box that comes with $50 mailing insurance = total cost (average cost per cent)

1: 16 + 10 + 22 + 7.35 = 55.35 (55.35)

5: 80 + 10 + 27 + 7.35 = 119.35 (23.97)

10: 160 + 10 + 27 + 7.35 = 204.35 (20.44)

20: 320 + 10 + 27 + 7.35 = 364.35 (18.21)

50: 800 + 10 + 33.25 + 7.35 = 850.60 (17.01)

100: 1600 + 10 + 45.85 + 7.35 = 1663.20 (16.63)

Enjoy

jmski52 · March 8, 2019 5:32PM

So, that order screen was real, for awhile. wow.

Akbeez · March 8, 2019 5:46PM

HOLY CARP!

bolivarshagnasty · March 8, 2019 6:00PM

I always seem to be a day late. A hundred for one dollar. What a deal!

Kudbegud · March 8, 2019 6:03PM

@Hemispherical said:
Bored. So, here are the estimated price points to slab the cents. Calculations done on the fly and errors are probable.

Key:
number of cents: per coin fee total + processing fee + insurance + USPS Small Priority box that comes with $50 mailing insurance = total cost (average cost per cent)

1: 16 + 10 + 22 + 7.35 = 55.35 (55.35)

5: 80 + 10 + 27 + 7.35 = 119.35 (23.97)

10: 160 + 10 + 27 + 7.35 = 204.35 (20.44)

20: 320 + 10 + 27 + 7.35 = 364.35 (18.21)

50: 800 + 10 + 33.25 + 7.35 = 850.60 (17.01)

100: 1600 + 10 + 45.85 + 7.35 = 1663.20 (16.63)

Enjoy

Food for thought. Thanks @Hemispherical.

The thing about these "shipped in error" cents is they need to be attributed or they are just the bonus cents separated from the shipped proof set.

If you want attribution then you have to get them graded and slabbed.
And a label attesting to the error.
Either PCGS. NGC or ANACS should be contacted ASAP and who ever says OK get the job.
A Mint receipt would be required, I would think, for proof of shipping error origin.

Keep us informed if you are going to get them graded and attributed, by whom and what the special label will say.

Onastone · March 8, 2019 6:13PM

So that means there is a face value link for every coin they produce. Keep an eye out for another link leak!!! Imagine getting a state puck for just 25 cents!

Hemispherical · March 8, 2019 6:14PM

@Kudbegud said:

The thing about these "shipped in error" cents is they need to be attributed or they are just the bonus cents separated from the shipped proof set.

If you want attribution then you have to get them graded and slabbed.
And a label attesting to the error.
Either PCGS. NGC or ANACS should be contacted ASAP and who ever says OK get the job.
Mint receipt would be required, I would think, for proof of shipping error origin.

Agree. Since the Mint has publicized the numbers we know the total coin population. Those receiving the cents better keep the receipts and/or leave them in the shipping box for the attribution. Wonder which TPGS will be first to offer.

jwitten · March 8, 2019 7:29PM

Well, they DID have to still pay shipping, so..

Hemispherical · March 8, 2019 8:00PM

@jwitten said:
Well, they DID have to still pay shipping, so..

Unless they had free shipping under Loyalty Program.

Gluggo · March 8, 2019 8:25PM

Well I got my Proof box in today with my pennies inside it . It’s still sealed till I find out which grafing service will offer the better set. I am only thinking both pennies 1 S & 1 W mint Mark and the Kennedy half dollar to get graded. Send back the rest. That is if I am understanding what all comes with the set.

jabba · March 9, 2019 8:54AM

PCGS coin numbers for the 2019-W are
702336 2019W First strike PRDC
702280 2019-W PRDC

Shows one has been graded a 69

Cameonut · March 9, 2019 9:13AM

I am glad they shipped these out to those lucky people. Good for them.

If the goobermint was consistent, they would be demanding their return - similar to the 1933 double eagles.

Shaking my head at the latest example of the mint's ineptitude. Someone needs to get fired.

johnny9434 · March 9, 2019 9:27AM

blunderful, missed out on that one

Hemispherical · March 9, 2019 3:20PM

@jabba said:
PCGS coin numbers for the 2019-W are
702336 2019W First strike PRDC
702280 2019-W PRDC

Shows one has been graded a 69

Thanks @jabba!

I was going to say, “How in the world did someone get it graded so fast,” but remembered that the Mint and our host was at Baltimore recently.

ECHOES · March 9, 2019 4:02PM

@johnny9434 said:
blunderful, missed out on that one

+1

JBK · March 9, 2019 5:15PM

Also goes to show that fulfillment people are not paying attention or aren't aware of what they shipping.

fox9487 · March 9, 2019 5:32PM

@jwitten said:
Well, they DID have to still pay shipping, so..

Unless they qualified for the Loyalty free shipping offering.

fox9487 · March 9, 2019 5:33PM

LOL, sorry. Already stated.

fox9487 · March 9, 2019 5:37PM

@Gluggo said:
Well I got my Proof box in today with my pennies inside it . It’s still sealed till I find out which grafing service will offer the better set. I am only thinking both pennies 1 S & 1 W mint Mark and the Kennedy half dollar to get graded. Send back the rest. That is if I am understanding what all comes with the set.

Cents. "grafing service"?

pocketpiececommems · March 9, 2019 8:16PM

Cameonut hit the nail right on the head in regards to the 33 $20's. You could also say the same thing about the Aluminum cents. Wonder if these new cents have been motised (sp)?

CaptHenway · March 9, 2019 10:34PM

@pocketpiececommems said:
Cameonut hit the nail right on the head in regards to the 33 $20's. You could also say the same thing about the Aluminum cents. Wonder if these new cents have been motised (sp)?

I believe that the word you are looking for is "monetized."

Doesn't matter, since that malarkey was a bit if legal booshwah dreamed up for one of the 1933 Double Eagle trials.

Bochiman · March 9, 2019 11:38PM

These aren't even close to the 33 $20s.

These are released in a proof set. Just because they were mistakenly released on their own, the overall coin is NOT being recalled....and, they were already released, as part of the set, by the USMint, at a coin show. Charmy, and others, purchased some and had already had them in hand when this happened on the website.

Kudos to those who got them, I didn't even think to look until I saw a thread here and it was too late, but it does no one any good to whine about them and try to compare it to something else that they have a problem with.

ricko · March 10, 2019 5:04AM

Why would a slab label indicate a mint pricing error?? What possible premium could that justify? Other than a cost savings by a lucky few, the cents are the same. Cheers, RickO

Mint ships 921 W-Mint cents...

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