****2021 Morgan and Peace Silver Dollar thread - Flipping Posts Welcome!*****

Yolo

ASE S mint turned red but not long enough to get them in the cart just froze up

@jmlanzaf said:

@MsMorrisine said:

@DelawareDoons said:
Who is the best dealer to lock these in with right now? The set as a whole is going for something ridiculous on eBay right now, 1475 broken down as single coins. Nuts, between myself and a few friends that picked them up, I'm responsible for finding a buyer for 19 complete sets.

@HashTag said:
I’ve said it before and I’ll aid it again; I have zero use for the US Mint. Come on crypto.
The mint and flippers are just plain greedy (deadly sin). Collectors just want to build collections. There’s a lot more to collecting than making a few hundred bucks.

Lmfao

Had to look up lmfao and JM such language from a professor 😂🙀
I must agree with you and I learned a new response. Thanks buddy 🙏

Is it likely that the 2021 CC and O Morgan Dollars will become available in the mornings, since so many of them are still unsold?

@Jzyskowski1 said:

@OKCC said:
Is it likely that the 2021 CC and O Morgan Dollars will become available in the mornings, since so many of them are still unsold?

I believe no. I think they were time limited to a week 🤓

I believe the time limit was for the presale window. The mint could put the remaining inventory on sale once the back orders are shipped.

@CoinMeister said:

@Jzyskowski1 said:

@OKCC said:
Is it likely that the 2021 CC and O Morgan Dollars will become available in the mornings, since so many of them are still unsold?

I believe no. I think they were time limited to a week 🤓

I believe the time limit was for the presale window. The mint could put the remaining inventory on sale once the back orders are shipped.

Interesting can you imagine how crazy it is going to be at the Mint! October hell. Buckle up 🤓🙀

I don’t think so. All of the Morgan’s and the peace dollar have the same time frame. Although. as said they might release some later

@OKCC said:

@Jzyskowski1 said:

@OKCC said:
Is it likely that the 2021 CC and O Morgan Dollars will become available in the mornings, since so many of them are still unsold?

I believe no. I think they were time limited to a week 🤓

Were the D and S Morgans available for more than a weeks time?

I picked up some S's on 8/12, so 9 days after release.

Order Placed: Aug 17, 2021
Order Number: USM1131XXXX

Backorder status, from Processing.

@mintymint said:
got some cancels this morning.

Sorry to hear that. Which ones if you don’t mind me asking?😢

@coinpalice said:
it's going to be interesting to see what these sell for once they finally ship, most people will wait until these are onhand or shipped from the mint before they buy. who wants to pre pay 2 months in advance for one anyway?

I would have gladly had the mint charge my credit card immediately upon placing the pre-order so that I wouldn't have to worry about something funny happening to my credit card. After all, the mint is no fly-by-night operation so it's highly unlikely they would charge me and then refuse to deliver product. Since the Federal Reserve sees fit to drive interest rates to zero, it's not like I'm even losing the use of the money if I were to pay months in advance before the product ever shipped.

@Jzyskowski1 said:

@mintymint said:
got some cancels this morning.

Sorry to hear that. Which ones if you don’t mind me asking?😢

s and d

how bad will price tank once everyone receives them. below retail price?

@coinpalice said:
no one really knows at this point, if they do, their will be a lot of order cancellations

wasn't aware you could cancel. if i was usmint i wouldn't allow it lol

@HATTRICK said:
MsMorrisine,

Thanks for the updates. Your time and effort is appreciated.

Yes, what @HATTRICK said... I look forward to your updates and review them thoroughly.

Keep em coming!

Tim

Canceling isn’t hard. As long as you do so before the item ships. Even then, you can return the item within 7 days after you receive it. The hard part there is waiting for the reimbursement by the mint.

Lately, the hard part is once you get a “Your Item Has Shipped!” email -the item takes days for the item to be picked up by the USPS for actual shipping. Days seem to go by before you actually see the tracking information show your item is on the move.
I can’t wait for October/November. All of the backordered items are going to be a huge cluster. Wait for it…..

I still cannot figure out why no dealers are offering the Morgan and Peace dollars for pre-sale. It makes no sense. I have purchased coins that I have had to wait 3 months for, but these coins are not striking up any interest with the dealers. What a fiasco.

A hunski. That’s a pretty big risk vs. profit and a fair amount of work. Not something I would like. I feel the battle wounds and they are still fresh. $100 makes my time worth about $3.00 an hour 🤓🙀

@NorCalJack said:
Well I'm a little new to buying mint products direct from the mint. So I have some questions

1.) Since all of these coins are minted within a few days of each other, are all coins designated as "First Strike" by PCGS? If not how do they determine which coins get the First Strike designation.

2.) Is there a premium for "First Strike" vs. Non-First Strike

3.) I see people are pre-selling MS-70 dollars. How do they know they will grade MS-70. I could see selling MS-69 as most will grade MS-69, but not sure how you would know how many would grade MS-70.

4.) In your opinion do you feel it is worth submitting these into a TPGS?

Thanks for your opinions.

First strike is a misnomer. It's a shipping designation not a strike designation. First strike could be on the last coin minted.

Some people pay extra for 1st strike.

If you submit a dozen coins for grading, you can be pretty sure you'll get half 70s in most cases. You would never presell a 69, who would buy it. Raw coins sell for more than 69s.

Whether it's worth submitting or not friends on what you're doing with them.

When did you get your order in?