As an Army veteran, I was happy to see them come back online today. My father as well. Not a lot of soldiers are coin collectors, so they might not know about them. But those I served with all ordered one when I showed them. These may fare better than past mint offerings and increase in value.
I find these privy marked ASE's a little more tasteful than the often cartoonish, PC commemorative issues. I think the last Army one featured a soldier with dreadlocks, absurd.
Anyway, they should be gone by morning. Hope everyone gets one that wants one
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
@jmlanzaf said:
This is just not that hot an issue
Hard to say when there are 100K and you can only buy 1. Let them sit unsold if/when the HLL is lifted, and then pronounce it "just not that hot an issue."
Not at all hard to tell. Issues of 100k or even more used to sell out installing even with HHL of 1. This puppy has taken days to sell out.
Only because bots were able to slam the website in the past. This "puppy" has now been on sale for 3.5 hours on the day of release, a few minutes the day after, and now 9 hours today, with a HHL of 1, no bots, lots of would-be buyers locked out, and apparently, in a rare shout-out to @coiner, tens of thousand of canceled orders due to people gaming system and being ferreted out. Not because they are "just not that hot an issue." Again, let them remove the HHL, and then tell me how "just not hot" it is. Today. Not in 2 years.
Hardly "days." If there are any left at noon tomorrow, and if they lift the HHL, they will be gone in a nano-second, which will effectively constitute a one-day sellout.
There are no bids at 2x issue price on anything that is actually available at issue price while taking "days to sell out." You know better, so why are you arguing for the sake of arguing?
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
@MsMorrisine how ru getting updated about amount left?
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
@jmlanzaf said:
This is just not that hot an issue
Hard to say when there are 100K and you can only buy 1. Let them sit unsold if/when the HLL is lifted, and then pronounce it "just not that hot an issue."
Not at all hard to tell. Issues of 100k or even more used to sell out installing even with HHL of 1. This puppy has taken days to sell out.
Only because bots were able to slam the website in the past. This "puppy" has now been on sale for 3.5 hours on the day of release, a few minutes the day after, and now 9 hours today, with a HHL of 1, no bots, lots of would-be buyers locked out, and apparently, in a rare shout-out to @coiner, tens of thousand of canceled orders due to people gaming system and being ferreted out. Not because they are "just not that hot an issue." Again, let them remove the HHL, and then tell me how "just not hot" it is. Today. Not in 2 years.
Hardly "days." If there are any left at noon tomorrow, and if they lift the HHL, they will be gone in a nano-second, which will effectively constitute a one-day sellout.
There are no bids at 2x issue price on anything that is actually available at issue price while taking "days to sell out." You know better, so why are you arguing for the sake of arguing?
When it takes 9 hours, it's not that hot. Period. The waiting room slows things down but not that much. There used to be 500k people online at the time of release and they would sell out in under an hour. Now, multiple hours even with a 100% premium on the bid.
It's not that hot. That's no crime. And it will sell out. But it doesn't bode well for long term pricing.
With the slow(er) demand, I'm now wondering what the re-sellers are going to do with their flippers that made purchases for a guaranteed price. Flippers were offered a certain price (ex. $125-185) per coin.
Now, with less(er) demand, I wonder if the re-sellers/buyers will now look at this less demand signal as an opportunity to tell the flippers to cancel their orders so they don't lose money.
A bit of a dilemma for the re-sellers - do they burn bridges with their flippers as a business decision - or do they hold the line - pay what they promised - and hope they get the re-sale prices they were originally anticipating?
A business decision for sure!
It will be interesting to watch over the next few days/week where this situation turns.
The only flippers guaranteed over $200 per coin so far are those who have already sold on eBay (for high fees).
I don’t think HHL of 1 works. Too many cancelations in the days and weeks after from people ordering multiples messing up demand. I don’t resell but i like what I buy to at least have some value, or be a bit of a challenge to obtain. I cancelled my order yesterday, i think this will only get worse after today with additional inventory.
@HoneyMarket said:
With the slow(er) demand, I'm now wondering what the re-sellers are going to do with their flippers that made purchases for a guaranteed price. Flippers were offered a certain price (ex. $125-185) per coin.
Now, with less(er) demand, I wonder if the re-sellers/buyers will now look at this less demand signal as an opportunity to tell the flippers to cancel their orders so they don't lose money.
A bit of a dilemma for the re-sellers - do they burn bridges with their flippers as a business decision - or do they hold the line - pay what they promised - and hope they get the re-sale prices they were originally anticipating?
A business decision for sure!
It will be interesting to watch over the next few days/week where this situation turns.
The only flippers guaranteed over $200 per coin so far are those who have already sold on eBay (for high fees).
Nope. Where do you think all of these coins are coming from? The Mint has literally canceled tens of thousands of orders from people playing the system. The resellers still need the coins, because many of the coins they thought would be coming to them won't be. This is likely why we haven't seen these on TV yet.
No one is burning any bridges. Yet. If resellers were able to buy in quantity from the Mint at $105, that would be a different story. But that has not happened yet. Let's see what happens at noon today, if any are left for any extended period of time.
@jmlanzaf said:
This is just not that hot an issue
Hard to say when there are 100K and you can only buy 1. Let them sit unsold if/when the HLL is lifted, and then pronounce it "just not that hot an issue."
Not at all hard to tell. Issues of 100k or even more used to sell out installing even with HHL of 1. This puppy has taken days to sell out.
Only because bots were able to slam the website in the past. This "puppy" has now been on sale for 3.5 hours on the day of release, a few minutes the day after, and now 9 hours today, with a HHL of 1, no bots, lots of would-be buyers locked out, and apparently, in a rare shout-out to @coiner, tens of thousand of canceled orders due to people gaming system and being ferreted out. Not because they are "just not that hot an issue." Again, let them remove the HHL, and then tell me how "just not hot" it is. Today. Not in 2 years.
Hardly "days." If there are any left at noon tomorrow, and if they lift the HHL, they will be gone in a nano-second, which will effectively constitute a one-day sellout.
There are no bids at 2x issue price on anything that is actually available at issue price while taking "days to sell out." You know better, so why are you arguing for the sake of arguing?
When it takes 9 hours, it's not that hot. Period. The waiting room slows things down but not that much. There used to be 500k people online at the time of release and they would sell out in under an hour. Now, multiple hours even with a 100% premium on the bid.
It's not that hot. That's no crime. And it will sell out. But it doesn't bode well for long term pricing.
TBD. We've never seen a case before where the Mint aggressively canceled orders of people violating the HHL en masse. That has apparently resulted in as many as 30-40K coming back to the website in the last two days.
In the past, they were sold and remained sold, which accounted for quick sell outs. If they lift the HHL and the coins don't disappear in minutes, you are right. Otherwise, it's just a timing issue due to the Mint not allowing flippers to keep their booty this time around while the HHL is in place, and the coins are as hot as any other with a 100K mintage.
The USM should just do a subscription for 1-3 coins per account. Anything remaining goes on day one of the sale for any qty.
The ever changing rules of the road are just chaotic.
@coiner said:
The USM should just do a subscription for 1-3 coins per account. Anything remaining goes on day one of the sale for any qty.
The ever changing rules of the road are just chaotic.
The ever changing rules just reflect ever changing facts on the ground. I'm giving you a shout out, because you were absolutely right about the number of coins being grabbed by the buying groups. Far higher than anyone ever realized.
So give the Mint credit for aggressively stopping it. In a very unconventional way for them, taking weeks to cancel the orders, and then widely announcing an on-sale date and time for the canceled coins. Not changing the HHL until everyone had a chance.
They are not set up to do subscriptions for one-offs. No reason for that to change. Getting the word out that buyer's clubs violating limits, to the detriment of the Big Boys as well as the rest of us, won't be tolerated might actually serve to get things under control in the future. We'll see.
But I'm pretty sure that right now there is chaos in that world, as tens of thousands of coins that were bought and sold, possibly multiple times, won't be coming to the final buyer. Probably why these things have not yet made an appearance on TV weeks after release.
In the meantime, can't really blame them for initially setting very low HHLs. Or for giving everyone a shot at the same time for one-off hot issues, rather than having the vast majority scooped up ahead of time by Big Boys and subscribers.
...a bit of a "business decision" too for the Mint (if they are watching or care).
If they lift the HHL or increase it to 3 - this coin will sell out in hours and stay sold out and thus, will create the illusion of demand that I believe they would like to maintain.
if they keep the HHL at 1 - this coin may not sell out - driving down any secondary market (and interest).
Only time will tell what the Mint does with the HHL on this - which will signal how much they care or don't about this issue selling out.
@Goldbully said:
In Stock date changed from July 29th to Monday July 7th.
I'm pretty sure this is just indicative of the fact that they knew they were going to aggressively go after the gamers this time around. So they didn't ship until they cleaned up the order book.
This massive coin drop yesterday and this morning tells us the clean up is now complete. They probably had the coins all along, and just didn't know how long it was going to take them to do what they did yesterday.
If not, it's quite a coincidence that it took them 3 weeks to purge the orders and re-release the coins to the market, and are then going to start shipping right after the holiday weekend, 3 entire weeks ahead of schedule. July 29th was likely nothing more than a placeholder all along. Interesting.
I wonder if this is going to be the new MO for all hot releases going forward? Maybe not taking orders on a pre-order basis, but in not shipping until all orders are scrutinized for compliance with HHLs. TBD. It would be a really good thing, if true.
@Goldbully said:
In Stock date changed from July 29th to Monday July 7th.
I wonder if this is going to be the new MO for all hot releases going forward? Maybe not taking orders on a pre-order basis, but in not shipping until all orders are scrutinized for compliance with HHLs. TBD. It would be a really good thing, if true.
This change in ship date occurred in the past 8 hours or thereabout.
See @MsMorrisine post above from today at 1:16am.....July 29 still showing.
@Goldbully said:
In Stock date changed from July 29th to Monday July 7th.
I wonder if this is going to be the new MO for all hot releases going forward? Maybe not taking orders on a pre-order basis, but in not shipping until all orders are scrutinized for compliance with HHLs. TBD. It would be a really good thing, if true.
This change in ship date occurred in the past 8 hours or thereabout.
See @MsMorrisine post above from today at 1:16am.....July 29 still showing.
Understood. When did they push out the last 7K+ coins?
Also sometime overnight. That likely indicates they are done with the order purge, and are ready to ship. 7/7 is the next business day after today. Maybe it's just a coincidence, but I don't believe in coincidences.
Naysayers aside...I have no problem with the Mint eliminating the initial "bum rush" chaos...more coins spread around to more actual individual purchasers this way.
Understood. When did they push out the last 7K+ coins?
Also sometime overnight. That likely indicates they are done with the order purge, and are ready to ship. 7/7 is the next business day after today. Maybe it's just a coincidence, but I don't believe in coincidences.
That extra 7k+ may not have been a purge. Just people not sure about this release cancelling their order yesterday. Seemingly a mint to demand at this point which is no fun.
As far as the somewhat "slow" sales of the remaining inventory, it's also a big holiday week and the date of the new availability wasn't known in advance.
@JBK said:
As far as the somewhat "slow" sales of the remaining inventory, it's also a big holiday week and the date of the new availability wasn't known in advance.
Maybe. But I think it's more likely that "fast" sales are always mostly attributable to flippers, and they have seemingly been shut down on this one. Don't judge until the HHL is lifted. If that happens today, and they don't sell out instantly, then tell me about the "big holiday week."
@HoneyMarket said:
With the slow(er) demand, I'm now wondering what the re-sellers are going to do with their flippers that made purchases for a guaranteed price. Flippers were offered a certain price (ex. $125-185) per coin.
Now, with less(er) demand, I wonder if the re-sellers/buyers will now look at this less demand signal as an opportunity to tell the flippers to cancel their orders so they don't lose money.
A bit of a dilemma for the re-sellers - do they burn bridges with their flippers as a business decision - or do they hold the line - pay what they promised - and hope they get the re-sale prices they were originally anticipating?
A business decision for sure!
It will be interesting to watch over the next few days/week where this situation turns.
The only flippers guaranteed over $200 per coin so far are those who have already sold on eBay (for high fees).
Nope. Where do you think all of these coins are coming from? The Mint has literally canceled tens of thousands of orders from people playing the system. The resellers still need the coins, because many of the coins they thought would be coming to them won't be. This is likely why we haven't seen these on TV yet.
No one is burning any bridges. Yet. If resellers were able to buy in quantity from the Mint at $105, that would be a different story. But that has not happened yet. Let's see what happens at noon today, if any are left for any extended period of time.
Could you show me the evidence of terms of thousands of cancelations?
@JBK said:
As far as the somewhat "slow" sales of the remaining inventory, it's also a big holiday week and the date of the new availability wasn't known in advance.
Actually, they did email notification in advance of release
I would doubt there are many cancellations, but perhaps some expired credit cards here and there.... Not 8000 of them.. As soon as they raise the household limit, they will sell out..
Could you show me the evidence of terms of thousands of cancelations?
No? Didn't think so.
90k coins were loaded for sale on June 13. They sold out. Yesterday 37k were loaded for sale. That's tens of thousands of cancelations.
Not surprising that 7k of yesterday's orders were also cancelled and added back to the pool this morning - lots of resellers reattempted orders yesterday or used new addresses to get around the HHL. Appears many weren't successful.
@WQuarterFreddie said:
Funny how everyone spends so much time trying to figure out this Mint release.
No one will win a prize.
Why not just relax and enjoy the day?
Because this is what we do. No one who has better things to do is forced to join in. That's why. 🙃 🤣😂
Good boy
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
Comments
As an Army veteran, I was happy to see them come back online today. My father as well. Not a lot of soldiers are coin collectors, so they might not know about them. But those I served with all ordered one when I showed them. These may fare better than past mint offerings and increase in value.
I find these privy marked ASE's a little more tasteful than the often cartoonish, PC commemorative issues. I think the last Army one featured a soldier with dreadlocks, absurd.
Anyway, they should be gone by morning. Hope everyone gets one that wants one
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Only because bots were able to slam the website in the past. This "puppy" has now been on sale for 3.5 hours on the day of release, a few minutes the day after, and now 9 hours today, with a HHL of 1, no bots, lots of would-be buyers locked out, and apparently, in a rare shout-out to @coiner, tens of thousand of canceled orders due to people gaming system and being ferreted out. Not because they are "just not that hot an issue." Again, let them remove the HHL, and then tell me how "just not hot" it is. Today. Not in 2 years.
Hardly "days." If there are any left at noon tomorrow, and if they lift the HHL, they will be gone in a nano-second, which will effectively constitute a one-day sellout.
There are no bids at 2x issue price on anything that is actually available at issue price while taking "days to sell out." You know better, so why are you arguing for the sake of arguing?
2,002
1,847
got trouble at home - don't worry i'm on the case - might be posting these all night
I bought one.
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
1,411
@MsMorrisine how ru getting updated about amount left?
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
hitting refresh on the link provided earlier
1312
https://www.usmint.gov/on/demandware.store/Sites-USM-Site/default/Product-Variation?pid=25APM
Thanks
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
It comes up as code for me
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
i think the mint can be very happy with these results.
these are getting bought by flippers too, but if the secondary market holds up, i think they can do 100k on the other two
1,206
earlier this afternoon i was like "i'm going to bed early tonight"
but, now i can
No need to keep posting the ats number at this point.
We get it. They are trickling down to zero availability.
At some point the total availability will be zero and the Add to Cart tab will turn to Remind Me
.
1023.........330am
Throw a coin enough times, and suppose one day it lands on its edge.
Just bought my first one about 20 minutes ago. 898 now left. USM18414xxx
O634 EST…got one so they are still available. Still HHL of 1. 856 available as of 0640 EST
When it takes 9 hours, it's not that hot. Period. The waiting room slows things down but not that much. There used to be 500k people online at the time of release and they would sell out in under an hour. Now, multiple hours even with a 100% premium on the bid.
It's not that hot. That's no crime. And it will sell out. But it doesn't bode well for long term pricing.
It is supposed to. The number is in the code
8613 coins in the inventory this morning! Must be some canceled orders from previous days!
With the slow(er) demand, I'm now wondering what the re-sellers are going to do with their flippers that made purchases for a guaranteed price. Flippers were offered a certain price (ex. $125-185) per coin.
Now, with less(er) demand, I wonder if the re-sellers/buyers will now look at this less demand signal as an opportunity to tell the flippers to cancel their orders so they don't lose money.
A bit of a dilemma for the re-sellers - do they burn bridges with their flippers as a business decision - or do they hold the line - pay what they promised - and hope they get the re-sale prices they were originally anticipating?
A business decision for sure!
It will be interesting to watch over the next few days/week where this situation turns.
The only flippers guaranteed over $200 per coin so far are those who have already sold on eBay (for high fees).
BST references available on request
I don’t think HHL of 1 works. Too many cancelations in the days and weeks after from people ordering multiples messing up demand. I don’t resell but i like what I buy to at least have some value, or be a bit of a challenge to obtain. I cancelled my order yesterday, i think this will only get worse after today with additional inventory.
Nope. Where do you think all of these coins are coming from? The Mint has literally canceled tens of thousands of orders from people playing the system. The resellers still need the coins, because many of the coins they thought would be coming to them won't be. This is likely why we haven't seen these on TV yet.
No one is burning any bridges. Yet. If resellers were able to buy in quantity from the Mint at $105, that would be a different story. But that has not happened yet. Let's see what happens at noon today, if any are left for any extended period of time.
So much for your “counter”
Reset to 8600+ this morning.
TBD. We've never seen a case before where the Mint aggressively canceled orders of people violating the HHL en masse. That has apparently resulted in as many as 30-40K coming back to the website in the last two days.
In the past, they were sold and remained sold, which accounted for quick sell outs. If they lift the HHL and the coins don't disappear in minutes, you are right. Otherwise, it's just a timing issue due to the Mint not allowing flippers to keep their booty this time around while the HHL is in place, and the coins are as hot as any other with a 100K mintage.
Well think again!
Another 7000+ found this morning.
8600 on the so called counter
The USM should just do a subscription for 1-3 coins per account. Anything remaining goes on day one of the sale for any qty.
The ever changing rules of the road are just chaotic.
The ever changing rules just reflect ever changing facts on the ground. I'm giving you a shout out, because you were absolutely right about the number of coins being grabbed by the buying groups. Far higher than anyone ever realized.
So give the Mint credit for aggressively stopping it. In a very unconventional way for them, taking weeks to cancel the orders, and then widely announcing an on-sale date and time for the canceled coins. Not changing the HHL until everyone had a chance.
They are not set up to do subscriptions for one-offs. No reason for that to change. Getting the word out that buyer's clubs violating limits, to the detriment of the Big Boys as well as the rest of us, won't be tolerated might actually serve to get things under control in the future. We'll see.
But I'm pretty sure that right now there is chaos in that world, as tens of thousands of coins that were bought and sold, possibly multiple times, won't be coming to the final buyer. Probably why these things have not yet made an appearance on TV weeks after release.
In the meantime, can't really blame them for initially setting very low HHLs. Or for giving everyone a shot at the same time for one-off hot issues, rather than having the vast majority scooped up ahead of time by Big Boys and subscribers.
In Stock date changed from July 29th to Monday July 7th.
...a bit of a "business decision" too for the Mint (if they are watching or care).
If they lift the HHL or increase it to 3 - this coin will sell out in hours and stay sold out and thus, will create the illusion of demand that I believe they would like to maintain.
if they keep the HHL at 1 - this coin may not sell out - driving down any secondary market (and interest).
Only time will tell what the Mint does with the HHL on this - which will signal how much they care or don't about this issue selling out.
BST references available on request
I'm pretty sure this is just indicative of the fact that they knew they were going to aggressively go after the gamers this time around. So they didn't ship until they cleaned up the order book.
This massive coin drop yesterday and this morning tells us the clean up is now complete. They probably had the coins all along, and just didn't know how long it was going to take them to do what they did yesterday.
If not, it's quite a coincidence that it took them 3 weeks to purge the orders and re-release the coins to the market, and are then going to start shipping right after the holiday weekend, 3 entire weeks ahead of schedule. July 29th was likely nothing more than a placeholder all along. Interesting.
I wonder if this is going to be the new MO for all hot releases going forward? Maybe not taking orders on a pre-order basis, but in not shipping until all orders are scrutinized for compliance with HHLs. TBD. It would be a really good thing, if true.
This change in ship date occurred in the past 8 hours or thereabout.
See @MsMorrisine post above from today at 1:16am.....July 29 still showing.
Understood. When did they push out the last 7K+ coins?
Also sometime overnight. That likely indicates they are done with the order purge, and are ready to ship. 7/7 is the next business day after today. Maybe it's just a coincidence, but I don't believe in coincidences.
Naysayers aside...I have no problem with the Mint eliminating the initial "bum rush" chaos...more coins spread around to more actual individual purchasers this way.
That extra 7k+ may not have been a purge. Just people not sure about this release cancelling their order yesterday. Seemingly a mint to demand at this point which is no fun.
As far as the somewhat "slow" sales of the remaining inventory, it's also a big holiday week and the date of the new availability wasn't known in advance.
I love the confidence in some of these posts...
Only the confidence of a TV Weatherman that can be wrong about everything but still shows up on our TV screens every night!
BST references available on request
Funny how everyone spends so much time trying to figure out this Mint release.
No one will win a prize.
Why not just relax and enjoy the day?
This is how we relax and enjoy the day!!!😂
Because this is what we do. No one who has better things to do is forced to join in. That's why. 🙃 🤣😂
Maybe. But I think it's more likely that "fast" sales are always mostly attributable to flippers, and they have seemingly been shut down on this one. Don't judge until the HHL is lifted. If that happens today, and they don't sell out instantly, then tell me about the "big holiday week."
Fair enough. Enjoy the rest of your day!😎
Could you show me the evidence of terms of thousands of cancelations?
No? Didn't think so.
Actually, they did email notification in advance of release
I would doubt there are many cancellations, but perhaps some expired credit cards here and there.... Not 8000 of them.. As soon as they raise the household limit, they will sell out..
90k coins were loaded for sale on June 13. They sold out. Yesterday 37k were loaded for sale. That's tens of thousands of cancelations.
Not surprising that 7k of yesterday's orders were also cancelled and added back to the pool this morning - lots of resellers reattempted orders yesterday or used new addresses to get around the HHL. Appears many weren't successful.
Good boy
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
FYI: 7729 remaining as of this post.