@JeffM said:
Did not get the gold. I did not want to pay that high of a premium over the value of the gold. I bought the silver medal instead. I really like the design and feel that the silver is a cleaner (less cluttered) version of the design. Love it.
Well lets see. Gold premium above melt: approx 33%
Silver medal....approx: a whopping 350% above melt
$900 is a bit more than $60. At least that's what my banker told me.
@JeffM said:
Did not get the gold. I did not want to pay that high of a premium over the value of the gold. I bought the silver medal instead. I really like the design and feel that the silver is a cleaner (less cluttered) version of the design. Love it.
Well lets see. Gold premium above melt: approx 33%
Silver medal....approx: a whopping 350% above melt
$900 is a bit more than $60. At least that's what my banker told me.
Might end up doing just that. All I can see Wright now is the order number as of yet it won’t go to the order details page for some reason. That’s never happened to my orders before. Hoping it doesn’t kick the order out and cancel.
What would the mint do with this defective coin? Sell it to someone else or melt it?
Melt it...
Unless the mint deems this to be a QC slip, I'm pretty sure they will (try to) resell it to a less discriminating buyer. Having bought a few closeout mint items, they almost always seem to arrive with defects like this (likely re-packaged returns). Many noob collectors or coin gift givers would not be savvy enough to recognize the defect (or care about it) and return it.
What would the mint do with this defective coin? Sell it to someone else or melt it?
Melt it...
Unless the mint deems this to be a QC slip, I'm pretty sure they will (try to) resell it to a less discriminating buyer. Having bought a few closeout mint items, they almost always seem to arrive with defects like this (likely re-packaged returns). Many noob collectors or coin gift givers would not be savvy enough to recognize the defect (or care about it) and return it.
This would be unethical by the mint if they do that.........
The Mint is controlling the sales of these Gold coins just like they have done for the Majority of the 2023 American Gold Eagles.
2023 AM LIBERTY 24K GOLD 1 OZ 8,842 + 8,842
Do they periodically release some of the Gold Eagles?
>
>
After 7 weeks of sales for the 2023 American Gold Eagle Proofs:
1 oz. 99.8% of Total sales were done in the first 7 weeks
1/2 oz. 99.2% of Total sales were done in the first 7 weeks
1/4 oz. 99.5% of Total sales were done in the first 7 weeks
1/10 oz. (the exception) 72.7% of Total sales were done in the first 7 weeks.
4 coin set 97.1% of Total sales were done in the first 7 weeks.
w/e 08/13/2023 sales for the 2023 American Gold Eagle Proofs:
1 oz. 67.8% of Product limit after 20 weeks.
1/2 oz. 66.6% of Product limit after 20 weeks.
1/4 oz. 74.5% of Product limit after 20 weeks.
1/10 70.2% oz. of Product limit after 20 weeks.
4 coin set 68.7% of Product limit after 20 weeks.
@jerseyralph said:
Burnie…it looks like the rim is eaten away near where it says states. I hope it isn’t anything but my bad eyes.
You observation is correct. I took it out to make sure there was damage on the coin. It is, I'll be sending it back. Thanks
.
Since the Mint still has some, maybe they will swap you a good one for your return.
They may not have any. They don't necessarily strike them all at once. If sales are less then the max mintage, it's usually because they aren't struck. And if they aren't selling them on backorder, it usually is because they aren't sure they are going to strike anymore.
@cagcrisp said:
The Mint is controlling the sales of these Gold coins just like they have done for the Majority of the 2023 American Gold Eagles.
Can anyone help me understand why the mint would do this? To me, it seems like the implementation of household limits to start is what the mint does to ensure a spread of the products.
Is it to prevent the product from going on a back order status? So for example, if the mint is having difficultly in getting the packaging, and they don’t know if they will get more, they just reduce sales to equal the number they actually have, and increase sales accordingly?
Or is this a way to possibly offer the coin for sale over a stretch of many months?
My order number still is not letting me go to order details to see if it is processing. That’s has never happened in the 100 or so orders I have placed since 2015. Not sure what is going on.
@MtW124 said:
My order number still is not letting me go to order details to see if it is processing. That’s has never happened in the 100 or so orders I have placed since 2015. Not sure what is going on.
Change the browser and see if it helps.
Mine is showing: Shipping Status: PROCESSING
@MtW124 said:
My order number still is not letting me go to order details to see if it is processing. That’s has never happened in the 100 or so orders I have placed since 2015. Not sure what is going on.
If you are concerned, you could always telephone CS.
Comments
Not yet. I'm in Canada and it's showing: Processing and my credit card got charges.
Yes. Mine show being delivered tomorrow.
Not yet.
Throw a coin enough times, and suppose one day it lands on its edge.
Which..the gold or silver? According to cc at the Mint. None of the gold have been mailed
Both Silver and Gold. Tracking numbers provided show delivery scheduled for tomorrow. I'll post pictures when I receive them.
Can't hardly wait to see real photos of both....
I ordered a silver (wish I could afford the gold) in the first 30 seconds of release. My order still shows as processing.
Gold not available this AM.
That's cuz I got one in my bag. As soon as I release it, it'll be available again!!
$900 is a bit more than $60. At least that's what my banker told me.
Received this morning. Excuse the reflections.
Burnie…it looks like the rim is eaten away near where it says states. I hope it isn’t anything but my bad eyes.
Yeah that looks bad. That would be enough to keep it from getting a PR70 right?
Figure the percentage for a clad half
You observation is correct. I took it out to make sure there was damage on the coin. It is, I'll be sending it back. Thanks
Yes.
Very odd. Struck through? Planchet defect?
Finning?
Question to everyone: What would the mint do with this defective coin? Sell it to someone else or melt it?
I'm a little upset about it, given that I won't be able to get a replacement from the mint...
Hope mines not like that, planned on sending it in sealed. Now I’m worried
I understand your feelings. I ordered one coin. I am hoping it is a solid mint coin. I would be upset too.
The proper thing to do would be to melt it.
How in the hell can the Mint send something so damaged like this coin is? This shows that there is NO quality control at the Mint.
Why not prescreen the 1 coin?
An original subject. On a US coin. Quite extraordinary. I might buy one, someday, if/when the hype goes away.
Perhaps a similar coin with a Sequoia would also be cool. Those are almost as emblematic American as the bison.
I'm not playing the modern mint lottery again though. Ever.
Might end up doing just that. All I can see Wright now is the order number as of yet it won’t go to the order details page for some reason. That’s never happened to my orders before. Hoping it doesn’t kick the order out and cancel.
Great!! First one to post an image!
There was damage on the coin.
Crap...rim damage...
I won't be able to get a replacement from the mint...
Even worse...
What would the mint do with this defective coin? Sell it to someone else or melt it?
Melt it...
LOLOL !!!!!! Say, where'd you get my picture??
The horse high relief is nothing short of spectacular. The new one not so much.
Unless the mint deems this to be a QC slip, I'm pretty sure they will (try to) resell it to a less discriminating buyer. Having bought a few closeout mint items, they almost always seem to arrive with defects like this (likely re-packaged returns). Many noob collectors or coin gift givers would not be savvy enough to recognize the defect (or care about it) and return it.
This would be unethical by the mint if they do that.........
I saw the same rim damage with the early Palladium, MS 70 Eagles. Sent one back to a major dealer and got a better version.
I really wish PCGS would add a separate special column to their population reports of the number of coins graded as minimum 70, but not slabbed.
National Commemorative Medals of the U.S. Mint:
https://www.pcgs.com/setregistry/u-s-coins/medals-tokens/national-commemorative-medals-united-states-mint-1940-present/alltimeset/195526
Mint sales w/e 08/13/2023...
The Mint is controlling the sales of these Gold coins just like they have done for the Majority of the 2023 American Gold Eagles.
2023 AM LIBERTY 24K GOLD 1 OZ 8,842 + 8,842
Do they periodically release some of the Gold Eagles?
>
>
After 7 weeks of sales for the 2023 American Gold Eagle Proofs:
1 oz. 99.8% of Total sales were done in the first 7 weeks
1/2 oz. 99.2% of Total sales were done in the first 7 weeks
1/4 oz. 99.5% of Total sales were done in the first 7 weeks
1/10 oz. (the exception) 72.7% of Total sales were done in the first 7 weeks.
4 coin set 97.1% of Total sales were done in the first 7 weeks.
w/e 08/13/2023 sales for the 2023 American Gold Eagle Proofs:
1 oz. 67.8% of Product limit after 20 weeks.
1/2 oz. 66.6% of Product limit after 20 weeks.
1/4 oz. 74.5% of Product limit after 20 weeks.
1/10 70.2% oz. of Product limit after 20 weeks.
4 coin set 68.7% of Product limit after 20 weeks.
Some quick and terrible photos. Sorry about the trash on the capsule and reflections, trash has been removed.
Really nice in hand. Tree trunk really stands out and the eagle is awesome, better than I thought it would look.
.
Ugh. Why hasn't mine shipped yet? I ordered the first minute they were available.
Are we back to having trouble getting blanks. Seems like we are leaving a bunch of money on the table. Is there a different angle I am missing?
.
Since the Mint still has some, maybe they will swap you a good one for your return.
wow very beautiful, the eagle looks stunning and amazing.......
This is almost the same number of 2022 Burnished American Eagle coins sold (8844)
They may not have any. They don't necessarily strike them all at once. If sales are less then the max mintage, it's usually because they aren't struck. And if they aren't selling them on backorder, it usually is because they aren't sure they are going to strike anymore.
Can anyone help me understand why the mint would do this? To me, it seems like the implementation of household limits to start is what the mint does to ensure a spread of the products.
Is it to prevent the product from going on a back order status? So for example, if the mint is having difficultly in getting the packaging, and they don’t know if they will get more, they just reduce sales to equal the number they actually have, and increase sales accordingly?
Or is this a way to possibly offer the coin for sale over a stretch of many months?
clue me in on a possible next on sale date?
My order number still is not letting me go to order details to see if it is processing. That’s has never happened in the 100 or so orders I have placed since 2015. Not sure what is going on.
Change the browser and see if it helps.
Mine is showing: Shipping Status: PROCESSING
I just got a notification that my 3 coin order has shipped.
If you are concerned, you could always telephone CS.