Increased interest with the rest of the Military Privies and beyond?, and now a 1 hour sellout for those? Marketing is working, and is good for the Mint. They're keeping things somewhat interesting - win, win.
So far prices have gone up, not down. And the same thing happened with the flowing hair medals. They understruck the mintage limits, and everyone still wanted them.
Most collectors want low mintage, not high mintage. Low mintage usually brings a premium to what they pay, and so they would be happy to receive this coin with a 75k mintage as opposed to a 100k mintage.
Agree, and I have no idea as to why this is a problem for some people. The over analyzing & overthinking of Mintage Limits has become an annoyance now. You would think that one would learn from their past poor record on the subject, maybe not.
75k would be a good thing for everyone, including the Mint if this number holds up. We'll see.
@NJCoin said:
If they keep doing this, I'm telling you, people are first going to start tuning them out, and then start losing interest in silver trinkets priced at over $100 per ounce. Already happened with gold trinkets priced at over $4,000 per ounce.
Many examples of this with various world and private mints. Our beloved Mint is not immune, even though you think what they are doing is okay.
So far prices have gone up, not down. And the same thing happened with the flowing hair medals. They understruck the mintage limits, and everyone still wanted them.
Most collectors want low mintage, not high mintage. Low mintage usually brings a premium to what they pay, and so they would be happy to receive this coin with a 75k mintage as opposed to a 100k mintage.
Yes. No argument there. The issue is people who would be interested at 75K, but maybe not at 100K, not receiving correct information for absolutely no reason other than a disregard for transparency and accuracy. And then, of course, an over allocation to Big Boys based on a mintage the Mint knows it isn't producing.
Resulting in, as I said, disproportionately directing excess profits attributable to under pricing or under production to select few large customers rather than to the public at large." Everyone likes prices going up. So why not be honest about what you are doing and give everyone the same shot at the hot items? Or, keep doing this, and, at some point, people will figure out that it's a slaughterhouse and they are the cattle.
At which point they might decide an ounce of silver that the Mint under produced and then slipped out the backdoor to a preferred customer at $105 really isn't worth chasing at $250. Or even $105. Then what? Then you have 7500 burnished AGEs sitting unsold at $K+. That's what.
This could eventually happen with everything if they keep treating the ultimate customer like dirt. Because the Big Boys sure aren't collecting any of this. They are just intercepting coins on their way to their ultimate destination, slabbing them at a serious discount before marking them up and giving us the privilege of acquiring them at a multiple at what is already a large multiple of production cost and a reasonable profit.
So far prices have gone up, not down. And the same thing happened with the flowing hair medals. They understruck the mintage limits, and everyone still wanted them.
Most collectors want low mintage, not high mintage. Low mintage usually brings a premium to what they pay, and so they would be happy to receive this coin with a 75k mintage as opposed to a 100k mintage.
Agree, and I have no idea as to why this is a problem for some people. The over analyzing & overthinking of Mintage Limits has become an annoyance now. You would think that one would learn from their past poor record on the subject, maybe not.
75k would be a good thing for everyone, including the Mint if this number holds up. We'll see.
Correct. So why not just announce it at the outset?
@Goldbully said:
I posted an incorrect Mint report and deleted it. I looked at the regular burnished ASE, not the Army proof privy. Over 17k of the burnished left.
Still zero for Army privy.
So 4K didn't come back from the prior week? @coiner -- you're always the first one posting that I am clueless, yet you can never bring yourself to admit when you are wrong, or to issue an apology. It speaks volumes.
We're all still waiting for those FH gold privys to crash back down to $6-9K. As well as for the 10-20K cancelled Arny privys to hit the website. 🤣🤣🤣
@NJCoin said:
If they keep doing this, I'm telling you, people are first going to start tuning them out, and then start losing interest in silver trinkets priced at over $100 per ounce. Already happened with gold trinkets priced at over $4,000 per ounce.
Many examples of this with various world and private mints. Our beloved Mint is not immune, even though you think what they are doing is okay.
So far prices have gone up, not down. And the same thing happened with the flowing hair medals. They understruck the mintage limits, and everyone still wanted them.
Most collectors want low mintage, not high mintage. Low mintage usually brings a premium to what they pay, and so they would be happy to receive this coin with a 75k mintage as opposed to a 100k mintage.
Yes. No argument there. The issue is people who would be interested at 75K, but maybe not at 100K, not receiving correct information for absolutely no reason other than a disregard for transparency and accuracy. And then, of course, an over allocation to Big Boys based on a mintage the Mint knows it isn't producing.
The information IS correct. Please learn what a limit is, especially if you drive. If the speed limit is 55, it is not "incorrect" to drive at slower speeds. That's how limits work.
How do you know it's a disregard for transparency and accuracy and not a decision made for contingency or margin or a result of some production risk we have no visibility into? Clearly you've never run a manufacturing facility or complex project. There are all kinds of constraints and challenges that we probably don't even imagine, such as planchet suppliers, packaging suppliers, labor, facilities, storage, packaging, and press maintenance. How are you so sure that none of these legitimate issues caused the mint not to produce the maximum? Why are you so confident about ascribing nefarious motives and ill intent to mint leadership?
@HATTRICK said:
Nothing new worthwhile to say about the coin so the BS begins.
No. What's new is a report they recently published stating that they sold 75K out of a mintage limit of 100K, while they are going for more than double issue price on eBay and they are unavailable for purchase on the website.
I guess "new" or "worthwhile" is in the eye of the beholder, but those who shared the news and then commented on it apparently don't share your view.
What you stated above is news, however all the speculation about why is not. The mint, like most business always state numbers are subject to change and when to their benefit they do change.
Just my BS to add to the speculation.
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
@Goldbully said:
I posted an incorrect Mint report and deleted it. I looked at the regular burnished ASE, not the Army proof privy. Over 17k of the burnished left.
Still zero for Army privy.
So 4K didn't come back from the prior week? @coiner -- you're always the first one posting that I am clueless, yet you can never bring yourself to admit when you are wrong, or to issue an apology. It speaks volumes.
We're all still waiting for those FH gold privys to crash back down to $6-9K. As well as for the 10-20K cancelled Arny privys to hit the website. 🤣🤣🤣
You’re still clueless.
20k Army Privy’s are still out there—as long as they were struck they will be sold. It’s all a question of when they become available. I’ll be ready.
As for the FH Privy Golds—many in the industry think the prices are laughable. Owners looking for the bigger sucker to buy from them for prices that are completely stupid for a manufactured rarity gold commem. You will see these fall back to earth in price. I would not touch one in 70 for 30k—it’s a long term loser.
[I would not touch one in 70 for 30k—it’s a long term loser]
For $30,000...based on gold's recent performance..,I'll take roughly 9 one-ounce bullion coins sitting in a safe deposit box for potential future appreciation...
@RichR said:
[I would not touch one in 70 for 30k—it’s a long term loser]
For $30,000...based on gold's recent performance..,I'll take roughly 9 one-ounce bullion coins sitting in a safe deposit box for potential future appreciation...
I'd rather have an S&P500 fund. But I'm not sure either of those preferences have any bearing on the long term price of a scarce coin. If it did, this forum is doomed.
@MsMorrisine said:
if the mint is making money, wouldn't selling 25k more be a better thing for the mint?
That would be reasonable to assume. Since this is a government operation? God doesn't even know what will happen.
Actually, if you can create a "winner" by running the Army issue short you can sell more Navy and Marines coins. That's the theory behind things like the FH or V75 coins. They could have sold more of those also. But if every Mint offering is an immediate loser, people stop buying everything they make. Not that we know that's what they are doing here, but i would bet that regardless of whether they sell 75k or 100k, they will have a higher limit on the later coins.
@Bullsitter said:
Yep, the Mint knows it has to throw the dog a bone every once in a while.
Who's the dog? The BIGS? These coins were supposed to be for we the people. All this backdoor advanced released garbage is a bunch of malarky. Greed has completely destroyed the moral compass of man. RGDS!
@MsMorrisine said:
if the mint is making money, wouldn't selling 25k more be a better thing for the mint?
That would be reasonable to assume. Since this is a government operation? God doesn't even know what will happen.
Actually, if you can create a "winner" by running the Army issue short you can sell more Navy and Marines coins. That's the theory behind things like the FH or V75 coins. They could have sold more of those also. But if every Mint offering is an immediate loser, people stop buying everything they make. Not that we know that's what they are doing here, but i would bet that regardless of whether they sell 75k or 100k, they will have a higher limit on the later coins.
Don't be so sure. Short minting the silver FH medals, and the associated uproar, didn't stop them from also short minting the gold FH a few months later. Let alone actually increasing the mintage limit to satisfy anticipated public demand.
Whether or not these were actually short minted, they are winners for the Big Boys, who definitely are receiving over allocations based on their published standards, and that's what's important. They are not going to risk destroying value for the Big Boys, or the symmetry of the set, by making more in the future to satisfy public demand.
If they only made 75K this time, maybe they make the full 100K next time. But I wouldn't even count on that.
In fact, I honestly don't count on anything with them any longer, because it's pretty clear they just do what they want. Their published limits are nothing more than literally upper limits, rather than an indication of what they are actually going to make available for sale to the public, after taking into account published standards for the advance sale and/or bulk sale programs.
@MsMorrisine said:
if the mint is making money, wouldn't selling 25k more be a better thing for the mint?
That would be reasonable to assume. Since this is a government operation? God doesn't even know what will happen.
Actually, if you can create a "winner" by running the Army issue short you can sell more Navy and Marines coins. That's the theory behind things like the FH or V75 coins. They could have sold more of those also. But if every Mint offering is an immediate loser, people stop buying everything they make. Not that we know that's what they are doing here, but i would bet that regardless of whether they sell 75k or 100k, they will have a higher limit on the later coins.
Don't be so sure. Short minting the silver FH medals, and the associated uproar, didn't stop them from also short minting the gold FH a few months later. Let alone actually increasing the mintage limit to satisfy anticipated public demand.
Whether or not these were actually short minted, they are winners for the Big Boys, who definitely are receiving over allocations based on their published standards, and that's what's important. They are not going to risk destroying value for the Big Boys, or the symmetry of the set, by making more in the future to satisfy public demand.
If they only made 75K this time, maybe they make the full 100K next time. But I wouldn't even count on that.
In fact, I honestly don't count on anything with them any longer, because it's pretty clear they just do what they want. Their published limits are nothing more than literally upper limits, rather than an indication of what they are actually going to make available for sale to the public, after taking into account published standards for the advance sale and/or bulk sale programs.
Last I checked they hadn't specified the mintage limit for the next 2.
@MsMorrisine said:
if the mint is making money, wouldn't selling 25k more be a better thing for the mint?
That would be reasonable to assume. Since this is a government operation? God doesn't even know what will happen.
Actually, if you can create a "winner" by running the Army issue short you can sell more Navy and Marines coins. That's the theory behind things like the FH or V75 coins. They could have sold more of those also. But if every Mint offering is an immediate loser, people stop buying everything they make. Not that we know that's what they are doing here, but i would bet that regardless of whether they sell 75k or 100k, they will have a higher limit on the later coins.
Don't be so sure. Short minting the silver FH medals, and the associated uproar, didn't stop them from also short minting the gold FH a few months later. Let alone actually increasing the mintage limit to satisfy anticipated public demand.
Whether or not these were actually short minted, they are winners for the Big Boys, who definitely are receiving over allocations based on their published standards, and that's what's important. They are not going to risk destroying value for the Big Boys, or the symmetry of the set, by making more in the future to satisfy public demand.
If they only made 75K this time, maybe they make the full 100K next time. But I wouldn't even count on that.
In fact, I honestly don't count on anything with them any longer, because it's pretty clear they just do what they want. Their published limits are nothing more than literally upper limits, rather than an indication of what they are actually going to make available for sale to the public, after taking into account published standards for the advance sale and/or bulk sale programs.
Last I checked they hadn't specified the mintage limit for the next 2.
Of course, based on their recent pattern and practice, they can and will do whatever they want. But the above is what they told Coin World, even though it is apparently not yet reflected on their website. Then again, their website doesn't mean anything anymore. The Army HHL was 3 until it wasn't.
Striking less coins than the stated maximum mintage limit is not short-minting. Never was, never will be in my book.
The Mint is not obligated to strike up the entire stated mintage limit, popular coin or not. Some people understand this, others don't.
The 2025 United States Marine Corps 250th Anniversary Proof Silver Dollar has a mintage limit of 400,000 coins across both options.
40k have been sold so far, with 6 months to go before being pulled. I sure hope some people don't get all bent out of shape when it they learn that not all 400k coins were struck?
@Rc5280 said:
Striking less coins than the stated maximum mintage limit is not short-minting. Never was, never will be in my book.
The Mint is not obligated to strike up the entire stated mintage limit, popular coin or not. Some people understand this, others don't.
The 2025 United States Marine Corps 250th Anniversary Proof Silver Dollar has a mintage limit of 400,000 coins across both options.
40k have been sold so far, with 6 months to go before being pulled. I sure hope some people don't get all bent out of shape when it they learn that not all 400k coins were struck?
Twist all you want. Only selling 40K because you can only sell 40K is very different from only selling 40K when there is demand for 400K.
No one will get bent out of shape when the Mint offers an entire maximum mintage for sale, but is only able to sell a fraction of that number. Never did, never will.
Reports on another website indicate that the Mint is cancelling orders that were using "jigging" addresses and/or shipments sent to different addresses with the same billing address.
I wonder if any coins may be come available in the next few days!!
@HoneyMarket said:
Reports on another website indicate that the Mint is cancelling orders that were using "jigging" addresses and/or shipments sent to different addresses with the same billing address.
I wonder if any coins may be come available in the next few days!!
If true, they will certainly show up at some point. But if they don't lift the HHL, that won't help most people here. Given that they haven't lifted it yet, it's reasonable to expect they are never going to lift it.
@HoneyMarket said:
Reports on another website indicate that the Mint is cancelling orders that were using "jigging" addresses and/or shipments sent to different addresses with the same billing address.
I wonder if any coins may be come available in the next few days!!
If true, they will certainly show up at some point. But if they don't lift the HHL, that won't help most people here. Given that they haven't lifted it yet, it's reasonable to expect they are never going to lift it.
That's where having friends, neighbors, and relatives comes into play nicely...
@HoneyMarket said:
Reports on another website indicate that the Mint is cancelling orders that were using "jigging" addresses and/or shipments sent to different addresses with the same billing address.
I wonder if any coins may be come available in the next few days!!
If true, they will certainly show up at some point. But if they don't lift the HHL, that won't help most people here. Given that they haven't lifted it yet, it's reasonable to expect they are never going to lift it.
That's where having friends, neighbors, and relatives comes into play nicely...
I guess. Seems like a lot to coordinate in the few minutes they might be available, if at all. Too much squeeze for too little juice for me.
So far prices have gone up, not down. And the same thing happened with the flowing hair medals. They understruck the mintage limits, and everyone still wanted them.
Most collectors want low mintage, not high mintage. Low mintage usually brings a premium to what they pay, and so they would be happy to receive this coin with a 75k mintage as opposed to a 100k mintage.
Agree, and I have no idea as to why this is a problem for some people. The over analyzing & overthinking of Mintage Limits has become an annoyance now. You would think that one would learn from their past poor record on the subject, maybe not.
75k would be a good thing for everyone, including the Mint if this number holds up. We'll see.
@Raufus said:
Wonder if HH limit will stay 1 when we get in?
It absolutely will. First time ever they are using a waiting room in the middle of the day for a canceled order dump.
They know what this is. The secondary market is already established. It's a $200 giveaway. One per customer. For those who missed out before.
The fact that they are going to all this trouble, rather than just dumping them at 7:30 a.m., indicates there will be more than a small handful. Whether or not it will be 25K remains TBD.
BST references: jdimmick;Gerard;wondercoin;claychaser;agentjim007;CCC2010;guitarwes;TAMU15;Zubie;mariner67;segoja;Smittys;kaz;CARDSANDCOINS;FadeToBlack; jrt103;tizofthe;bronze6827;mkman;Scootersdad;AllCoinsRule;coindeuce;dmarks;piecesofme; and many more
Comments
Increased interest with the rest of the Military Privies and beyond?, and now a 1 hour sellout for those? Marketing is working, and is good for the Mint. They're keeping things somewhat interesting - win, win.
100p
I posted an incorrect Mint report and deleted it. I looked at the regular burnished ASE, not the Army proof privy. Over 17k of the burnished left.
Still zero for Army privy.
Yes. No argument there. The issue is people who would be interested at 75K, but maybe not at 100K, not receiving correct information for absolutely no reason other than a disregard for transparency and accuracy. And then, of course, an over allocation to Big Boys based on a mintage the Mint knows it isn't producing.
Resulting in, as I said, disproportionately directing excess profits attributable to under pricing or under production to select few large customers rather than to the public at large." Everyone likes prices going up. So why not be honest about what you are doing and give everyone the same shot at the hot items? Or, keep doing this, and, at some point, people will figure out that it's a slaughterhouse and they are the cattle.
At which point they might decide an ounce of silver that the Mint under produced and then slipped out the backdoor to a preferred customer at $105 really isn't worth chasing at $250. Or even $105. Then what? Then you have 7500 burnished AGEs sitting unsold at $K+. That's what.
This could eventually happen with everything if they keep treating the ultimate customer like dirt. Because the Big Boys sure aren't collecting any of this. They are just intercepting coins on their way to their ultimate destination, slabbing them at a serious discount before marking them up and giving us the privilege of acquiring them at a multiple at what is already a large multiple of production cost and a reasonable profit.
Correct. So why not just announce it at the outset?
So 4K didn't come back from the prior week? @coiner -- you're always the first one posting that I am clueless, yet you can never bring yourself to admit when you are wrong, or to issue an apology. It speaks volumes.
We're all still waiting for those FH gold privys to crash back down to $6-9K. As well as for the 10-20K cancelled Arny privys to hit the website. 🤣🤣🤣
WOW
BST references available on request
Very exciting> @NJCoin said:
The information IS correct. Please learn what a limit is, especially if you drive. If the speed limit is 55, it is not "incorrect" to drive at slower speeds. That's how limits work.
How do you know it's a disregard for transparency and accuracy and not a decision made for contingency or margin or a result of some production risk we have no visibility into? Clearly you've never run a manufacturing facility or complex project. There are all kinds of constraints and challenges that we probably don't even imagine, such as planchet suppliers, packaging suppliers, labor, facilities, storage, packaging, and press maintenance. How are you so sure that none of these legitimate issues caused the mint not to produce the maximum? Why are you so confident about ascribing nefarious motives and ill intent to mint leadership?
http://ProofCollection.Net
What you stated above is news, however all the speculation about why is not. The mint, like most business always state numbers are subject to change and when to their benefit they do change.
Just my BS to add to the speculation.
You’re still clueless.
20k Army Privy’s are still out there—as long as they were struck they will be sold. It’s all a question of when they become available. I’ll be ready.
As for the FH Privy Golds—many in the industry think the prices are laughable. Owners looking for the bigger sucker to buy from them for prices that are completely stupid for a manufactured rarity gold commem. You will see these fall back to earth in price. I would not touch one in 70 for 30k—it’s a long term loser.
[I would not touch one in 70 for 30k—it’s a long term loser]
For $30,000...based on gold's recent performance..,I'll take roughly 9 one-ounce bullion coins sitting in a safe deposit box for potential future appreciation...
I'd rather have an S&P500 fund. But I'm not sure either of those preferences have any bearing on the long term price of a scarce coin. If it did, this forum is doomed.
That would be reasonable to assume. Since this is a government operation? God doesn't even know what will happen.
Actually, if you can create a "winner" by running the Army issue short you can sell more Navy and Marines coins. That's the theory behind things like the FH or V75 coins. They could have sold more of those also. But if every Mint offering is an immediate loser, people stop buying everything they make. Not that we know that's what they are doing here, but i would bet that regardless of whether they sell 75k or 100k, they will have a higher limit on the later coins.
Yep, the Mint knows it has to throw the dog a bone every once in a while.
Who's the dog? The BIGS? These coins were supposed to be for we the people. All this backdoor advanced released garbage is a bunch of malarky. Greed has completely destroyed the moral compass of man. RGDS!
Don't be so sure. Short minting the silver FH medals, and the associated uproar, didn't stop them from also short minting the gold FH a few months later. Let alone actually increasing the mintage limit to satisfy anticipated public demand.
Whether or not these were actually short minted, they are winners for the Big Boys, who definitely are receiving over allocations based on their published standards, and that's what's important. They are not going to risk destroying value for the Big Boys, or the symmetry of the set, by making more in the future to satisfy public demand.
If they only made 75K this time, maybe they make the full 100K next time. But I wouldn't even count on that.
In fact, I honestly don't count on anything with them any longer, because it's pretty clear they just do what they want. Their published limits are nothing more than literally upper limits, rather than an indication of what they are actually going to make available for sale to the public, after taking into account published standards for the advance sale and/or bulk sale programs.
Last I checked they hadn't specified the mintage limit for the next 2.
You're wrong!
https://www.coinworld.com/news/us-coins/military-privy-marks-on-2025-proof-american-eagle-dollars
Of course, based on their recent pattern and practice, they can and will do whatever they want. But the above is what they told Coin World, even though it is apparently not yet reflected on their website. Then again, their website doesn't mean anything anymore. The Army HHL was 3 until it wasn't.
Striking less coins than the stated maximum mintage limit is not short-minting. Never was, never will be in my book.
The Mint is not obligated to strike up the entire stated mintage limit, popular coin or not. Some people understand this, others don't.
The 2025 United States Marine Corps 250th Anniversary Proof Silver Dollar has a mintage limit of 400,000 coins across both options.
40k have been sold so far, with 6 months to go before being pulled. I sure hope some people don't get all bent out of shape when it they learn that not all 400k coins were struck?
Twist all you want. Only selling 40K because you can only sell 40K is very different from only selling 40K when there is demand for 400K.
No one will get bent out of shape when the Mint offers an entire maximum mintage for sale, but is only able to sell a fraction of that number. Never did, never will.
Sales are still just under 75k:
Presales on Ebay RAW are about $275 with a few up to $299.
Brochure the mint sent out says the other two will have limits of 100k, with Navy up for order in October and Marine Corps up for order in November.
I mentioned earlier in the thread that both anniversaries fall on a Monday.
Throw a coin enough times, and suppose one day it lands on its edge.
you'd think and hope they will release on mondays
Reports on another website indicate that the Mint is cancelling orders that were using "jigging" addresses and/or shipments sent to different addresses with the same billing address.
I wonder if any coins may be come available in the next few days!!
BST references available on request
If true, they will certainly show up at some point. But if they don't lift the HHL, that won't help most people here. Given that they haven't lifted it yet, it's reasonable to expect they are never going to lift it.
That's where having friends, neighbors, and relatives comes into play nicely...
BST references available on request
I guess. Seems like a lot to coordinate in the few minutes they might be available, if at all. Too much squeeze for too little juice for me.
and some wouldn't think of breaking the hhl on such an offering
I just got a text that this will be available for pre-sale today at 1:30PM ET. Strange?
Same!
100 pence.....huh?
Me too!🤪
and the same here also, but still HHL of 1.
Just received an email.
I recieved the same text. However the 1:30 presale time set off my scam alert. I'm curious to see how this plays out.
Now I see an email from the Mint stating the same thing. False alarm on my part, I guess.
No virtual waiting room....seems suspect. Unless they are releasing the additional 25,000
There most certainly is a waiting room.
Wonder if HH limit will stay 1 when we get in?
Not for me! I am signed in and on product page right now...
Actually it must be a 5 minute virtual window. I just got kicked to the waiting room 🙃 🤣😂
I'm in the waiting room right now
It absolutely will. First time ever they are using a waiting room in the middle of the day for a canceled order dump.
They know what this is. The secondary market is already established. It's a $200 giveaway. One per customer. For those who missed out before.
The fact that they are going to all this trouble, rather than just dumping them at 7:30 a.m., indicates there will be more than a small handful. Whether or not it will be 25K remains TBD.
From an account that has not ordered one.
HHL 1.
15747xxx for > @VanHalen said:
darn
jdimmick;Gerard;wondercoin;claychaser;agentjim007;CCC2010;guitarwes;TAMU15;Zubie;mariner67;segoja;Smittys;kaz;CARDSANDCOINS;FadeToBlack;
jrt103;tizofthe;bronze6827;mkman;Scootersdad;AllCoinsRule;coindeuce;dmarks;piecesofme; and many more
Order denied due to household limit already met. Duh, lol. I need to have my first cup of coffee before I start my day.
I just managed to order one coin to Canada....
"ats" 37,777 at zero hour.