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2018 American Innovation $1 Coin (Intro coin) (18GA, 18GRA, 18GRE, 18GBA, 18GBE) (RP is sold out...)

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    mas3387mas3387 Posts: 1,506 ✭✭✭
    edited August 15, 2019 9:06AM

    American Innovation 2018 $1 Reverse Proof Introductory Coin

    HH limit lifted

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    KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭

    Picked up one AND the Proof (only 6.95)


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    HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Got a few more; and being under $10, makes for a ;) too easy purchase in buying too many.

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    HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @jmlanzaf said:
    "under $10"...that nickel really matters, huh? :wink:

    Well an order of 10,000 that's $500... :D;)

    Can't find too many offerings like this, would have been good if they kept it the same price as the PR.

    Still debating the silver medal.

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    OPAOPA Posts: 17,171 ✭✭✭✭✭

    we need nurmaler for a stat

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭
    edited August 15, 2019 10:16AM

    @jmlanzaf said:
    UNAVAILABLE!!!!

    That was quick. Since these were all minted in Dec 18 it's not a minting issue. Doubtful a packaging issue, so it means it is a big dealer or two+ who had some spare change. :o

    Adding to my OCD AM checklist. :|

    @jmlanzaf said:
    Now, I wish I had checked out the 99 that were in my cart. LOL. I couldn't decide.

    Oh well, I should have a total of 36. I guess that'll have to do.

    I WAS going to order some more tomorrow, too.

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    HATTRICKHATTRICK Posts: 2,593 ✭✭✭✭✭
    edited August 15, 2019 11:54AM

    MCM was preselling NGC 70's last night already I got email from them with link to presale

    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
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    MilesWaitsMilesWaits Posts: 5,602 ✭✭✭✭✭

    I take credit for sending it over the edge as I bought one today when I ordered my silver Medal. I would imagine a few others followed my lead.

    Now riding the swell in PM's and surf.
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    coinpalicecoinpalice Posts: 2,469 ✭✭✭✭✭

    I ordered 5 Innovation sets. if there is a chance to get more, I will load up

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    privatecoinprivatecoin Posts: 3,867 ✭✭✭✭✭

    Only ordered 2. Seems there is more interest in this series than I would have expected.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

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    OPAOPA Posts: 17,171 ✭✭✭✭✭

    @mas3387 said:
    American Innovation 2018 $1 Reverse Proof Introductory Coin

    HH limit lifted

    Took full advantage & ordered another "handful" It was not a surprise to me that this set had a quick sell-out The surprise was, that it took only 1 day. B)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    AkbeezAkbeez Posts: 2,699 ✭✭✭✭✭

    I highly doubt they are sold out. Seems lately the Mint is behind in having all their product ready to go by sale date. It's an interesting coin, but not THAT interesting.

    Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
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    OPAOPA Posts: 17,171 ✭✭✭✭✭
    edited August 15, 2019 5:08PM

    @Akbeez said:
    I highly doubt they are sold out. Seems lately the Mint is behind in having all their product ready to go by sale date. It's an interesting coin, but not THAT interesting.

    Perhaps......we shall see, no later by next Tuesday when the stats come out. I'm sure a few dribbles can be had for a while at 7AM daily. Also, if additional minting was required, the set would go on a......back order status....and not...unavailable

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    OPAOPA Posts: 17,171 ✭✭✭✭✭

    jmlanzaf.....I guess we were on the same wave length B) ....

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭

    @Akbeez said:
    I highly doubt they are sold out. Seems lately the Mint is behind in having all their product ready to go by sale date. It's an interesting coin, but not THAT interesting.

    The mint has of late only produced "ready to ship" examples in a quantity to fill first couple of days estimated sales. Then they go to back order. Could be packaging needed or actual additional striking needed. Does the 5 oz Apollo ring a bell? Yes, a different situation but illustrates the trend.


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    HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @Kudbegud said:

    @Akbeez said:
    I highly doubt they are sold out. Seems lately the Mint is behind in having all their product ready to go by sale date. It's an interesting coin, but not THAT interesting.

    The mint has of late only produced "ready to ship" examples in a quantity to fill first couple of days estimated sales. Then they go to back order. Could be packaging needed or actual additional striking needed. Does the 5 oz Apollo ring a bell? Yes, a different situation but illustrates the trend.

    Striking was completed Dec 2018. Maybe packing but doubtful. They forgot about this product last year due to government shutdown and didn’t get to the Federal Register on time.

    The reference to Dec is from a previous post somewhere around here about a FOIA that was done by a member in another forum.

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    HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Unavailable this AM.

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    7over87over8 Posts: 4,733 ✭✭✭

    Another flippers dream
    A $10 product that sells out quick
    No limits,
    It’s easy to double your money on a $10 product but you have to sell shi$loads of them to make it worth it

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    TexastTexast Posts: 1,899 ✭✭✭✭

    I was wondering what lies the TV coin hawker was going to say about this, priced at $59.95, more than six times his cost, he claimed to have purchased 25,000 sets, this would be the reason for the quick sell out. I guess if they don't sell on his show he will be sending them back to the mint. He also claimed to have bought over 600 at the ANA show for FDOI slabs, with the HHL set at five he must have been paying people to stand in line. Then waited a day to pick up the bulk order. What a joke...

    On BS&T Now: Nothing.
    Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
    Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
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    HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @Texast said:
    I was wondering what lies the TV coin hawker was going to say about this, priced at $59.95, more than six times his cost, he claimed to have purchased 25,000 sets, this would be the reason for the quick sell out. I guess if they don't sell on his show he will be sending them back to the mint. He also claimed to have bought over 600 at the ANA show for FDOI slabs, with the HHL set at five he must have been paying people to stand in line. Then waited a day to pick up the bulk order. What a joke...

    That’s usually how it works. Paying others to get by around the HHL for FDOI, but when the limit is lifted... bang!

    Right now there is a strong demand for these as raw OGP. Seems many people have the first intro coin and to be complete now need the second intro.

    This is going to be interesting when the state PRs and RPs are released.

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    OPAOPA Posts: 17,171 ✭✭✭✭✭

    Received email notice that my 2d order placed on 8/15 ... is in "the mail." It appears, as mentioned before, that all 75k must have been available for shipment and most likely were minted last year.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    @OPA said:
    Received email notice that my 2d order placed on 8/15 ... is in "the mail." It appears, as mentioned before, that all 75k must have been available for shipment and most likely were minted last year.

    .

    @BackroadJunkie said:
    Good on this guy. He filed a FOIA on the RP Innobuck. See the response.

    coincommunity.com: Upcoming 2018 Reverse Proof American Innovation Coin

    So, the product is within the law. I'm good with that.

    Read the post in that link...

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    OPAOPA Posts: 17,171 ✭✭✭✭✭

    @BackroadJunkie said:

    @OPA said:
    Received email notice that my 2d order placed on 8/15 ... is in "the mail." It appears, as mentioned before, that all 75k must have been available for shipment and most likely were minted last year.

    .

    @BackroadJunkie said:
    Good on this guy. He filed a FOIA on the RP Innobuck. See the response.

    coincommunity.com: Upcoming 2018 Reverse Proof American Innovation Coin

    So, the product is within the law. I'm good with that.

    Read the post in that link...

    Interesting...they minted more than 25k over the 75k limit....

    "Bottom line is that 101,289 coins were minted in Dec 2018."

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    OPAOPA Posts: 17,171 ✭✭✭✭✭

    @Texast said:
    I was wondering what lies the TV coin hawker was going to say about this, priced at $59.95, more than six times his cost, he claimed to have purchased 25,000 sets, this would be the reason for the quick sell out. I guess if they don't sell on his show he will be sending them back to the mint. He also claimed to have bought over 600 at the ANA show for FDOI slabs, with the HHL set at five he must have been paying people to stand in line. Then waited a day to pick up the bulk order. What a joke...

    If you believe that exaggeration of facts....well, silver will shoot up to $50 by Dec 31, 2019 ;)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • edited August 17, 2019 6:25PM
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    MilesWaitsMilesWaits Posts: 5,602 ✭✭✭✭✭

    Who would’ve thunk this would clear out so quickly from the Mint and become so desirable.

    Now riding the swell in PM's and surf.
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    HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @MilesWaits said:
    Who would’ve thunk this would clear out so quickly from the Mint and become so desirable.

    Agree. We’ll see in the next few weeks just how many “collectors” of this series there are (maybe).

    I do hope there is NOT a third introductory coin.

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    OnastoneOnastone Posts: 4,426 ✭✭✭✭✭

    @Hemispherical said:

    I do hope there is NOT a third introductory coin.

    Now Introducing the 2018 Innovative Dollar Enhanced Reverse Proof in pure silver! To be released next year.

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    cagcrispcagcrisp Posts: 1,063 ✭✭✭✭✭

    18GE 2018 AI $1 REV PRF COIN 71,184

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    AkbeezAkbeez Posts: 2,699 ✭✭✭✭✭

    @cagcrisp said:
    18GE 2018 AI $1 REV PRF COIN 71,184

    Thanks for the update -- are you a Mint authorized reseller to get the numbers early?

    Welcome to CU Forums! :)

    Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
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    OPAOPA Posts: 17,171 ✭✭✭✭✭

    @Akbeez said:

    @cagcrisp said:
    18GE 2018 AI $1 REV PRF COIN 71,184

    Thanks for the update -- are you a Mint authorized reseller to get the numbers early?

    Welcome to CU Forums! :)

    https://www.usmint.gov/about/production-sales-figures/cumulative-sales

    Normally posted around Noon on Tuesdays

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Since they went unavailable on “opening” day +1 then the above number should be total sales for the first and second day. Very nice of someone(s) to buy them almost all up. ;)

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    jmski52jmski52 Posts: 24,018 ✭✭✭✭✭
    edited August 20, 2019 4:46AM

    Since they went unavailable on “opening” day +1 then the above number should be total sales for the first and second day. Very nice of someone(s) to buy them almost all up. ;)

    Any bets on where prices land in 3 months? ;)

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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