@HATTRICK said:
if you are not buying to keep for your collection, cancel now before it is too late. Hold off on buying slabbed coins. Prices will drop and there will be more than enough available.
You might very well be right about slabbed coins at $300+, but "cancel now before it is too late" makes absolutely zero sense when they can be flipped, right now, for a 100%+ profit. Why would you even say such
NJcoin
Who is paying $210 plus shipping cost that can be trusted not to back out when it hits the fan ? My little birds are telling me it’s going to splatter like you have never seen before. 🫢
Pinehurst, among others.
Pinehurst buy $195.00 less $25 for their shipping label =$170.00 less $110.95 cost = $59.05 profit A long way from 100%
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
@NJCoin
"The reason you won't see it with the Army privies is because, right now, which is all that matters, slabbed 69s can be sold for more money than raw coins, so there is no reason to not allow the TPG to slab them. Period."
If they had the option for Min 70 Bulk submissions, I can assure you, they would've taken it over the std 69 sub. Period.
The Bulk Min grade of 69 was selected because a bulk Min 70 is disallowed, per the bulk policy. Pinehurst will agree with me - (yeah I know, Pinehurst is a Small, not a Big). Anyway, I'm just gathering info that's out there, and sometimes what you claim as fact, is not fact. No offense.
How is it that you know "for a fact" that PCGS has allowed a Min 70 Bulk submission for select resellers for the Army ASE?
Heather spelled it out two years back - "happens on occasion, on certain modern releases". Was this one of those occasions?
Which reseller's were granted Min 70 Bulk subs for the Army ASE?
When you offer up pure speculation disguised as a "matter of fact" (common for you), it gets tiresome, just me.
PS: Who is ATS, and why the obsession with TV Joker's like Magic Mike?
Never said no profit only quite short of 100% profit. To each his own. volume would help but as for me not worth my time except when thousands in total can be made. Purchased one because I love shiny silver coins. It is an addiction.
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
@HATTRICK said:
if you are not buying to keep for your collection, cancel now before it is too late. Hold off on buying slabbed coins. Prices will drop and there will be more than enough available.
You might very well be right about slabbed coins at $300+, but "cancel now before it is too late" makes absolutely zero sense when they can be flipped, right now, for a 100%+ profit. Why would you even say such
NJcoin
Who is paying $210 plus shipping cost that can be trusted not to back out when it hits the fan ? My little birds are telling me it’s going to splatter like you have never seen before. 🫢
Pinehurst, among others.
Pinehurst buy $195.00 less $25 for their shipping label =$170.00 less $110.95 cost = $59.05 profit A long way from 100%
Again, you're splitting hairs. They haven't shipped yet. There are other offers. Bids will likely rise before they fall, once they are actually sold out and the buyers know beyond any doubt that they won't be getting any more directly from the Mint.
Long way from 100%? So take a pass. Doesn't mean others won't work for 20%, let alone 50%.
@Rc5280 said: @NJCoin
"The reason you won't see it with the Army privies is because, right now, which is all that matters, slabbed 69s can be sold for more money than raw coins, so there is no reason to not allow the TPG to slab them. Period."
If they had the option for Min 70 Bulk submissions, I can assure you, they would've taken it over the std 69 sub. Period.
The Bulk Min grade of 69 was selected because a bulk Min 70 is disallowed, per the bulk policy. Pinehurst will agree with me - (yeah I know, Pinehurst is a Small, not a Big). Anyway, I'm just gathering info that's out there, and sometimes what you claim as fact, is not fact. No offense.
How is it that you know "for a fact" that PCGS has allowed a Min 70 Bulk submission for select resellers for the Army ASE?
Heather spelled it out two years back - "happens on occasion, on certain modern releases". Was this one of those occasions?
Which reseller's were granted Min 70 Bulk subs for the Army ASE?
When you offer up pure speculation disguised as a "matter of fact" (common for you), it gets tiresome, just me.
PS: Who is ATS, and why the obsession with TV Joker's like Magic Mike?
No obsession. Just a data point demonstrating out hosts are running a business, are not paragons of virtue, and will do anything for a buck. Including creating custom product for those offering sufficient quantity, allowing "TV Joker's like Magic Mike" to use their name and reputation to add the appearance of value to common bullion sold on TV for massive premiums.
I know FOR A FACT that bulk submitters can submit ANYTHING in sufficient quantity with any minimum grade they want, up to and including 70. That said, I never actually said Armys were being submitted with a minimum of 70. In fact, I said they probably were not.
Not because they couldn't be, but because there is no reason to, if they can be sold in a 69 slab for more than raw. Which is the case right now. Same reason the Mint isn't receiving any voluntary returns from anyone unimpressed with Pinehurst's current bid.
If " it gets tiresome, just me," please feel free to put me on Ignore, rather than trying to set me straight.
@HATTRICK said:
Never said no profit only quite short of 100% profit. To each his own. volume would help but as for me not worth my time except when thousands in total can be made. Purchased one because I love shiny silver coins. It is an addiction.
Pure has 982 open, unfulfilled offers at $230. Shipping via FedEx is free with their label and the transaction fee is about $2. That’s $228. That’s 105% profit.
@HATTRICK said:
Never said no profit only quite short of 100% profit. To each his own. volume would help but as for me not worth my time except when thousands in total can be made. Purchased one because I love shiny silver coins. It is an addiction.
Pure has 982 open, unfulfilled offers at $230. Shipping via FedEx is free with their label and the transaction fee is about $2. That’s $228. That’s 105% profit.
Now that is a real answer with facts and figures. The only way I will comment. MAKE LYING WRONG AGAIN !!
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
@Rc5280 said: @NJCoin
"The reason you won't see it with the Army privies is because, right now, which is all that matters, slabbed 69s can be sold for more money than raw coins, so there is no reason to not allow the TPG to slab them. Period."
If they had the option for Min 70 Bulk submissions, I can assure you, they would've taken it over the std 69 sub. Period.
The Bulk Min grade of 69 was selected because a bulk Min 70 is disallowed, per the bulk policy. Pinehurst will agree with me - (yeah I know, Pinehurst is a Small, not a Big). Anyway, I'm just gathering info that's out there, and sometimes what you claim as fact, is not fact. No offense.
How is it that you know "for a fact" that PCGS has allowed a Min 70 Bulk submission for select resellers for the Army ASE?
Heather spelled it out two years back - "happens on occasion, on certain modern releases". Was this one of those occasions?
Which reseller's were granted Min 70 Bulk subs for the Army ASE?
When you offer up pure speculation disguised as a "matter of fact" (common for you), it gets tiresome, just me.
PS: Who is ATS, and why the obsession with TV Joker's like Magic Mike?
It's not "on occasion", it's normal for large submitters who have the privilege. This is not a NJ fiction or fantasy. PCGS just doesn't like to publicize it.
@HATTRICK said:
Never said no profit only quite short of 100% profit. To each his own. volume would help but as for me not worth my time except when thousands in total can be made. Purchased one because I love shiny silver coins. It is an addiction.
Pure has 982 open, unfulfilled offers at $230. Shipping via FedEx is free with their label and the transaction fee is about $2. That’s $228. That’s 105% profit.
Now that is a real answer with facts and figures. The only way I will comment. MAKE LYING WRONG AGAIN !!
@Rc5280 said: @NJCoin
"The reason you won't see it with the Army privies is because, right now, which is all that matters, slabbed 69s can be sold for more money than raw coins, so there is no reason to not allow the TPG to slab them. Period."
If they had the option for Min 70 Bulk submissions, I can assure you, they would've taken it over the std 69 sub. Period.
The Bulk Min grade of 69 was selected because a bulk Min 70 is disallowed, per the bulk policy. Pinehurst will agree with me - (yeah I know, Pinehurst is a Small, not a Big). Anyway, I'm just gathering info that's out there, and sometimes what you claim as fact, is not fact. No offense.
How is it that you know "for a fact" that PCGS has allowed a Min 70 Bulk submission for select resellers for the Army ASE?
Heather spelled it out two years back - "happens on occasion, on certain modern releases". Was this one of those occasions?
Which reseller's were granted Min 70 Bulk subs for the Army ASE?
When you offer up pure speculation disguised as a "matter of fact" (common for you), it gets tiresome, just me.
PS: Who is ATS, and why the obsession with TV Joker's like Magic Mike?
ATS is "across the street" (NGC) which is a common reference on this forum
@Rc5280 said: @NJCoin
"The reason you won't see it with the Army privies is because, right now, which is all that matters, slabbed 69s can be sold for more money than raw coins, so there is no reason to not allow the TPG to slab them. Period."
If they had the option for Min 70 Bulk submissions, I can assure you, they would've taken it over the std 69 sub. Period.
The Bulk Min grade of 69 was selected because a bulk Min 70 is disallowed, per the bulk policy. Pinehurst will agree with me - (yeah I know, Pinehurst is a Small, not a Big). Anyway, I'm just gathering info that's out there, and sometimes what you claim as fact, is not fact. No offense.
How is it that you know "for a fact" that PCGS has allowed a Min 70 Bulk submission for select resellers for the Army ASE?
Heather spelled it out two years back - "happens on occasion, on certain modern releases". Was this one of those occasions?
Which reseller's were granted Min 70 Bulk subs for the Army ASE?
When you offer up pure speculation disguised as a "matter of fact" (common for you), it gets tiresome, just me.
PS: Who is ATS, and why the obsession with TV Joker's like Magic Mike?
It's not "on occasion", it's normal for large submitters who have the privilege. This is not a NJ fiction or fantasy. PCGS just doesn't like to publicize it.
Heather spelled it out two years back - "happens on occasion, on certain modern releases".
I guess that statement above is dated, no longer valid? Same thing when it comes to the definition of "occasion"?
NJ fiction or fantasy? - you got me there, it's tough to parse his fact vs fiction spin, but we love you anyway @NJCoin !
"If " it gets tiresome, just me," please feel free to put me on Ignore, rather than trying to set me straight."
Setting you straight is an impossibility, I've now learned @NJCoin
No ignore needed, just trying to parse fact, fiction, speculation & spin on the subject. A work in progress for me.
@Rc5280 said: @NJCoin
"The reason you won't see it with the Army privies is because, right now, which is all that matters, slabbed 69s can be sold for more money than raw coins, so there is no reason to not allow the TPG to slab them. Period."
If they had the option for Min 70 Bulk submissions, I can assure you, they would've taken it over the std 69 sub. Period.
The Bulk Min grade of 69 was selected because a bulk Min 70 is disallowed, per the bulk policy. Pinehurst will agree with me - (yeah I know, Pinehurst is a Small, not a Big). Anyway, I'm just gathering info that's out there, and sometimes what you claim as fact, is not fact. No offense.
How is it that you know "for a fact" that PCGS has allowed a Min 70 Bulk submission for select resellers for the Army ASE?
Heather spelled it out two years back - "happens on occasion, on certain modern releases". Was this one of those occasions?
Which reseller's were granted Min 70 Bulk subs for the Army ASE?
When you offer up pure speculation disguised as a "matter of fact" (common for you), it gets tiresome, just me.
PS: Who is ATS, and why the obsession with TV Joker's like Magic Mike?
It's not "on occasion", it's normal for large submitters who have the privilege. This is not a NJ fiction or fantasy. PCGS just doesn't like to publicize it.
Heather spelled it out two years back - "happens on occasion, on certain modern releases".
I guess that statement above is dated, no longer valid? Same thing when it comes to the definition of "occasion"?
NJ fiction or fantasy? - you got me there, it's tough to parse his fact vs fiction spin, but we love you anyway @NJCoin !
Talk to the bigs, they have different submission privileges that you won't find printed anywhere. I know a couple. It's not that big of a deal. In this case, I doubt they would submit 70 only anyway.
What they don't have is return privileges to the Mint. It's just a question of whether they sell them raw or in 69 holders.
@Rc5280 said:
"If " it gets tiresome, just me," please feel free to put me on Ignore, rather than trying to set me straight."
Setting you straight is an impossibility, I've now learned @NJCoin
No ignore needed, just trying to parse fact, fiction, speculation & spin on the subject. A work in progress for me.
After the USPS insurance thread, is there any point? I'm just going to continue to thank him for his love and fealty since he told me not to take his words "overly literal".
It's silly watching them type one thing, and then deny the words they wrote when people point out it is factually incorrect.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
I'm really not sure why so many people don't see this for the omen it is. This offering has no legs. It can't sell out despite $200 bids. And HHL of 1 isn't an excuse. Back in the day, this would have sold out in 30 minutes with an HHL of 1 like the V75 and other similar issues.
Remember when the congratulation sets would sell out on release day?
I've actually never seen anything like it. Plenty of Mint releases don't sell out but ASE's at 100k or less ALWAYS do WITH HHL of 1. And the fact that this has an open bid should have helped it sell out to flippers, if no one else.
@blitzdude said:
Does anyone have an update how many ATS remainz???
This is gitt'en Krazee! THKS!
PS: Lift the HHL and life can move on. lol
Life has moved on. Just not for us. 🤣
Because the Mint has apparently long since decided not to give us, or any of the gamers they busted, any opportunity to buy these from them in quantity. We cling to the hope that they care about moving the last few coins, and will lift the HHL in order to do so. Rather than continuing to cancel ineligible orders every day.
Joke's on us, because they seemingly don't care about selling the last few coins, or about us moving on with our lives.
I'm really not sure why so many people don't see this for the omen it is. This offering has no legs. It can't sell out despite $200 bids. And HHL of 1 isn't an excuse. Back in the day, this would have sold out in 30 minutes with an HHL of 1 like the V75 and other similar issues.
Remember when the congratulation sets would sell out on release day?
I've actually never seen anything like it. Plenty of Mint releases don't sell out but ASE's at 100k or less ALWAYS do WITH HHL of 1. And the fact that this has an open bid should have helped it sell out to flippers, if no one else.
Very curious...
Is it, though? You KNOW there are dozens of people who would happily take what's left off their hands, all of them in one fell swoop, but the Mint won't allow it. The counter DID go all the way down to zero, before immediately snapping back.
If it didn't have legs, there would be no bid. As with the Morgan and Peace Dollars.
This is them cracking down on buyer clubs. I am pretty sure the Big Boys are excluded if they want to maintain access to ABPP, which is why there is an aggressive bid rather than armies of straw buyers, which is absolutely part of what we observed in the past with the 30 minute sell outs.
So you are once again beating yourself up trying to square a circle, rather than accepting what is right in front of you. Flippers already bought what they can. If they are coming back for more, those are the orders that are being canceled.
These will ultimately sell out when people who want them find people willing and able to actually complete an order for the last few. No reason to doubt that will happen so long as there is unsatisfied demand. As evidenced by $200+ bids.
I'm really not sure why so many people don't see this for the omen it is. This offering has no legs. It can't sell out despite $200 bids. And HHL of 1 isn't an excuse. Back in the day, this would have sold out in 30 minutes with an HHL of 1 like the V75 and other similar issues.
Remember when the congratulation sets would sell out on release day?
I've actually never seen anything like it. Plenty of Mint releases don't sell out but ASE's at 100k or less ALWAYS do WITH HHL of 1. And the fact that this has an open bid should have helped it sell out to flippers, if no one else.
Yeah, but maybe this is the first time they're really and truly enforcing all workarounds for the HHL.
I'm really not sure why so many people don't see this for the omen it is. This offering has no legs. It can't sell out despite $200 bids. And HHL of 1 isn't an excuse. Back in the day, this would have sold out in 30 minutes with an HHL of 1 like the V75 and other similar issues.
Remember when the congratulation sets would sell out on release day?
I've actually never seen anything like it. Plenty of Mint releases don't sell out but ASE's at 100k or less ALWAYS do WITH HHL of 1. And the fact that this has an open bid should have helped it sell out to flippers, if no one else.
Yeah, but maybe this is the first time they're really and truly enforcing all workarounds for the HHL.
Completely irrelevant. Anyone who wanted one, has one. Anyone who wanted two, has had 2 weeks to get their neighbor to buy them one. You need 100,000 end buyers for ANY issue. The flippers are just temporary holders.
Edited to add: and are these missing buyers who want multiples waiting to pay $250+ from Pinehurst when they finally ship?
I'm really not sure why so many people don't see this for the omen it is. This offering has no legs. It can't sell out despite $200 bids. And HHL of 1 isn't an excuse. Back in the day, this would have sold out in 30 minutes with an HHL of 1 like the V75 and other similar issues.
Remember when the congratulation sets would sell out on release day?
I've actually never seen anything like it. Plenty of Mint releases don't sell out but ASE's at 100k or less ALWAYS do WITH HHL of 1. And the fact that this has an open bid should have helped it sell out to flippers, if no one else.
Yeah, but maybe this is the first time they're really and truly enforcing all workarounds for the HHL.
Completely irrelevant. Anyone who wanted one, has one. Anyone who wanted two, has had 2 weeks to get their neighbor to buy them one. You need 100,000 end buyers for ANY issue. The flippers are just temporary holders.
Edited to add: and are these missing buyers who want multiples waiting to pay $250+ from Pinehurst when they finally ship?
Actually, no. Past experience with hyper fast sell outs included tens of thousands of orders from straw buyers for large dealers, and/or buying clubs. I am pretty sure the large dealers agreed to stand down in return for early access to a portion of the release. And now the buying clubs are being stopped in their tracks.
So, while anyone who wanted one or two was able to get them, people who want 100 or 200, or 1,000 or 2,000, or 5,000 or 10,000, are not able to get them. Thus, the $200+ bid remains, even though the Mint will still sell them, one per household, to anyone who has not yet purchased one and who is not now on whatever bad boy list they likely created, at least for this issue.
You're assuming that, in the past, 100K went, one at a time, to end users or to flippers happy to sell one. This is just showing that was not the dynamic. It likely included hundreds or thousands of people using bots or human armies to take down large quantities.
Absent that, there is now a bottleneck. Which does not mean these will be DOA once the Mint stops selling them. They might or might not calm down once the dealers complete distribution of what they ultimately get their hands on. TBD.
I like the HH limit of 1 to 3. I like that the mint is making these availalbe in this manner. People who are collectors of proof ASE and/or Army vets (or family of Army vets) can buy one instead of them being sucked up by the "big boys and girls"....
I think when a "sell out" occurs people stop trying even know they are available for a much higher price..
@Coin Finder said:
I like the HH limit of 1 to 3. I like that the mint is making these availalbe in this manner. People who are collectors of proof ASE and/or Army vets (or family of Army vets) can buy one instead of them being sucked up by the "big boys and girls"....
I think when a "sell out" occurs people stop trying even know they are available for a much higher price..
Yeah. Many of us would like to get our hands on a few more at $105, and it's not like they have not been available long enough to give anyone paying attention the chance to get one. This really does just seem like the Mint is going out of it way to spite the people they have blocked, since I guess lifting the HHL will give them another shot to buy that they don't have now.
I'm really not sure why so many people don't see this for the omen it is. This offering has no legs. It can't sell out despite $200 bids. And HHL of 1 isn't an excuse. Back in the day, this would have sold out in 30 minutes with an HHL of 1 like the V75 and other similar issues.
Remember when the congratulation sets would sell out on release day?
I've actually never seen anything like it. Plenty of Mint releases don't sell out but ASE's at 100k or less ALWAYS do WITH HHL of 1. And the fact that this has an open bid should have helped it sell out to flippers, if no one else.
Yeah, but maybe this is the first time they're really and truly enforcing all workarounds for the HHL.
Completely irrelevant. Anyone who wanted one, has one. Anyone who wanted two, has had 2 weeks to get their neighbor to buy them one. You need 100,000 end buyers for ANY issue. The flippers are just temporary holders.
Edited to add: and are these missing buyers who want multiples waiting to pay $250+ from Pinehurst when they finally ship?
Actually, no. Past experience with hyper fast sell outs included tens of thousands of orders from straw buyers for large dealers, and/or buying clubs. I am pretty sure the large dealers agreed to stand down in return for early access to a portion of the release. And now the buying clubs are being stopped in their tracks.
So, while anyone who wanted one or two was able to get them, people who want 100 or 200, or 1,000 or 2,000, or 5,000 or 10,000, are not able to get them. Thus, the $200+ bid remains, even though the Mint will still sell them, one per household, to anyone who has not yet purchased one and who is not now on whatever bad boy list they likely created, at least for this issue.
You're assuming that, in the past, 100K went, one at a time, to end users or to flippers happy to sell one. This is just showing that was not the dynamic. It likely included hundreds or thousands of people using bots or human armies to take down large quantities.
Absent that, there is now a bottleneck. Which does not mean these will be DOA once the Mint stops selling them. They might or might not calm down once the dealers complete distribution of what they ultimately get their hands on. TBD.
I never assumed that they used to go to end users. What i did say is that they have had more than enough time to find end users and failed to do so. The reason many past hot coins dropped in value is because of the number in hands of flippers (distribution issue, as I've called it). But I think we are simply learning earlier that there aren't enough strong holds. You acknowledged this yourself over the weekend when you mentioned that you expected it to drop in the long run.
I do appreciate your continued constant agreement and humble fealty.
@Coin Finder said:
I like the HH limit of 1 to 3. I like that the mint is making these availalbe in this manner. People who are collectors of proof ASE and/or Army vets (or family of Army vets) can buy one instead of them being sucked up by the "big boys and girls"....
I think when a "sell out" occurs people stop trying even know they are available for a much higher price..
The BIGS already sucked them up via the 10K presale they had arranged with the mint. We the people were left with a measly HHL of 1. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
I'm really not sure why so many people don't see this for the omen it is. This offering has no legs. It can't sell out despite $200 bids. And HHL of 1 isn't an excuse. Back in the day, this would have sold out in 30 minutes with an HHL of 1 like the V75 and other similar issues.
Remember when the congratulation sets would sell out on release day?
I've actually never seen anything like it. Plenty of Mint releases don't sell out but ASE's at 100k or less ALWAYS do WITH HHL of 1. And the fact that this has an open bid should have helped it sell out to flippers, if no one else.
Yeah, but maybe this is the first time they're really and truly enforcing all workarounds for the HHL.
Completely irrelevant. Anyone who wanted one, has one. Anyone who wanted two, has had 2 weeks to get their neighbor to buy them one. You need 100,000 end buyers for ANY issue. The flippers are just temporary holders.
Edited to add: and are these missing buyers who want multiples waiting to pay $250+ from Pinehurst when they finally ship?
Actually, no. Past experience with hyper fast sell outs included tens of thousands of orders from straw buyers for large dealers, and/or buying clubs. I am pretty sure the large dealers agreed to stand down in return for early access to a portion of the release. And now the buying clubs are being stopped in their tracks.
So, while anyone who wanted one or two was able to get them, people who want 100 or 200, or 1,000 or 2,000, or 5,000 or 10,000, are not able to get them. Thus, the $200+ bid remains, even though the Mint will still sell them, one per household, to anyone who has not yet purchased one and who is not now on whatever bad boy list they likely created, at least for this issue.
You're assuming that, in the past, 100K went, one at a time, to end users or to flippers happy to sell one. This is just showing that was not the dynamic. It likely included hundreds or thousands of people using bots or human armies to take down large quantities.
Absent that, there is now a bottleneck. Which does not mean these will be DOA once the Mint stops selling them. They might or might not calm down once the dealers complete distribution of what they ultimately get their hands on. TBD.
I never assumed that they used to go to end users. What i did say is that they have had more than enough time to find end users and failed to do so. The reason many past hot coins dropped in value is because of the number in hands of flippers (distribution issue, as I've called it). But I think we are simply learning earlier that there aren't enough strong holds. You acknowledged this yourself over the weekend when you mentioned that you expected it to drop in the long run.
I do appreciate your continued constant agreement and humble fealty.
I live to serve. 😀
That said, "they" have not "failed" to do anything. They already sold them out. Twice. Both times, they canceled orders of people caught breaking their rules. There is still a bid at 2x+ issue price.
Also, my expecting it to drop from whatever peak it hits in the next few weeks does not represent brilliant insight. Nor that I don't think a 100K proof ASE cannot be a winner as measured against its $105 issue price. So don't over analyze what I am saying.
We have no idea how many "strong holds" there are yet, because they haven't shipped, and because dealers have been unable to get what they want in order to be able to presell them. All we know now is that people who want them can't get them, while the Mint keeps canceling orders from people who continue to try to game them. What happened to your theory that people are using cards, en masse, that can't handle a $105 transaction?
Why bother posting what is believed to be remaining stock. You have counted down to zero several times —to be surprised the counter has reset several thousand pieces to be sold.
The USM has botched this offering. When other posts say this coin is toast—they are 100% correct.
Not selling out for a number of weeks is the death knell for this coin. Secondary market is done.
They should have followed policy and released the HHL after 24 hrs-they would be sold out….put up the sign…and the secondary market would be lively.
Like someone else said—everyone that wants one, has one on order and there are still leftovers.
@coiner said:
Why bother posting what is believed to be remaining stock. You have counted down to zero several times —to be surprised the counter has reset several thousand pieces to be sold.
it's a nascar car race these days. 3 winners then a final winner whatever they all mean. we're watching the left turns!
@coiner said:
Why bother posting what is believed to be remaining stock. You have counted down to zero several times —to be surprised the counter has reset several thousand pieces to be sold.
The USM has botched this offering. When other posts say this coin is toast—they are 100% correct.
Not selling out for a number of weeks is the death knell for this coin. Secondary market is done.
They should have followed policy and released the HHL after 24 hrs-they would be sold out….put up the sign…and the secondary market would be lively.
Like someone else said—everyone that wants one, has one on order and there are still leftovers.
That was me, but others disagree. They see some phantom unmet need. Apparently, there are supposed to be numerous people who want multiples and are willing to pay $200+ to get them. Except, of course, Pinehurst et al aren't sold out either.
I'm sure there are people who will buy more... at LESS than $105. It is unclear if there are many people waiting to pay more than $105 much less $200.
This coin will sell out. 100,000 is the right number for a proof eagle but the price action is going to be DOWN.
This issue has been interesting but it stopped being "hot" weeks ago.
@coiner said:
Why bother posting what is believed to be remaining stock. You have counted down to zero several times —to be surprised the counter has reset several thousand pieces to be sold.
The USM has botched this offering. When other posts say this coin is toast—they are 100% correct.
Not selling out for a number of weeks is the death knell for this coin. Secondary market is done.
They should have followed policy and released the HHL after 24 hrs-they would be sold out….put up the sign…and the secondary market would be lively.
Like someone else said—everyone that wants one, has one on order and there are still leftovers.
That was me, but others disagree. They see some phantom unmet need. Apparently, there are supposed to be numerous people who want multiples and are willing to pay $200+ to get them. Except, of course, Pinehurst et al aren't sold out either.
I'm sure there are people who will buy more... at LESS than $105. It is unclear if there are many people waiting to pay more than $105 much less $200.
This coin will sell out. 100,000 is the right number for a proof eagle but the price action is going to be DOWN.
This issue has been interesting but it stopped being "hot" weeks ago.
Yes. And you and a few others keep posting ad nauseam the same thing over and over....
My guess is you all care about your post counts or you all don't get outside much....but at least you have one friend named NJCOIN.🤪
Comments
Pinehurst buy $195.00 less $25 for their shipping label =$170.00 less $110.95 cost = $59.05 profit A long way from 100%
Shipping can be done for $10 Priority mail. Profit $75.00. It’s worth it.
Versus return it for $0 profit.
@NJCoin
"The reason you won't see it with the Army privies is because, right now, which is all that matters, slabbed 69s can be sold for more money than raw coins, so there is no reason to not allow the TPG to slab them. Period."
If they had the option for Min 70 Bulk submissions, I can assure you, they would've taken it over the std 69 sub. Period.
The Bulk Min grade of 69 was selected because a bulk Min 70 is disallowed, per the bulk policy. Pinehurst will agree with me - (yeah I know, Pinehurst is a Small, not a Big). Anyway, I'm just gathering info that's out there, and sometimes what you claim as fact, is not fact. No offense.
How is it that you know "for a fact" that PCGS has allowed a Min 70 Bulk submission for select resellers for the Army ASE?
Heather spelled it out two years back - "happens on occasion, on certain modern releases". Was this one of those occasions?
Which reseller's were granted Min 70 Bulk subs for the Army ASE?
When you offer up pure speculation disguised as a "matter of fact" (common for you), it gets tiresome, just me.
PS: Who is ATS, and why the obsession with TV Joker's like Magic Mike?
>
ATS=NGC
ATS=Across the street
That helps explain that one, and is telling, thanks.
I would take $75 any day.
Never said no profit only quite short of 100% profit. To each his own. volume would help but as for me not worth my time except when thousands in total can be made. Purchased one because I love shiny silver coins. It is an addiction.
Again, you're splitting hairs. They haven't shipped yet. There are other offers. Bids will likely rise before they fall, once they are actually sold out and the buyers know beyond any doubt that they won't be getting any more directly from the Mint.
Long way from 100%? So take a pass. Doesn't mean others won't work for 20%, let alone 50%.
No obsession. Just a data point demonstrating out hosts are running a business, are not paragons of virtue, and will do anything for a buck. Including creating custom product for those offering sufficient quantity, allowing "TV Joker's like Magic Mike" to use their name and reputation to add the appearance of value to common bullion sold on TV for massive premiums.
I know FOR A FACT that bulk submitters can submit ANYTHING in sufficient quantity with any minimum grade they want, up to and including 70. That said, I never actually said Armys were being submitted with a minimum of 70. In fact, I said they probably were not.
Not because they couldn't be, but because there is no reason to, if they can be sold in a 69 slab for more than raw. Which is the case right now. Same reason the Mint isn't receiving any voluntary returns from anyone unimpressed with Pinehurst's current bid.
If " it gets tiresome, just me," please feel free to put me on Ignore, rather than trying to set me straight.
Pure has 982 open, unfulfilled offers at $230. Shipping via FedEx is free with their label and the transaction fee is about $2. That’s $228. That’s 105% profit.
Now that is a real answer with facts and figures. The only way I will comment. MAKE LYING WRONG AGAIN !!
It's not "on occasion", it's normal for large submitters who have the privilege. This is not a NJ fiction or fantasy. PCGS just doesn't like to publicize it.
That's ironic...
ATS is "across the street" (NGC) which is a common reference on this forum
Heather spelled it out two years back - "happens on occasion, on certain modern releases".
I guess that statement above is dated, no longer valid? Same thing when it comes to the definition of "occasion"?
NJ fiction or fantasy? - you got me there, it's tough to parse his fact vs fiction spin, but we love you anyway @NJCoin !
2362
"If " it gets tiresome, just me," please feel free to put me on Ignore, rather than trying to set me straight."
Setting you straight is an impossibility, I've now learned @NJCoin
No ignore needed, just trying to parse fact, fiction, speculation & spin on the subject. A work in progress for me.
Talk to the bigs, they have different submission privileges that you won't find printed anywhere. I know a couple. It's not that big of a deal. In this case, I doubt they would submit 70 only anyway.
What they don't have is return privileges to the Mint. It's just a question of whether they sell them raw or in 69 holders.
After the USPS insurance thread, is there any point? I'm just going to continue to thank him for his love and fealty since he told me not to take his words "overly literal".
It's silly watching them type one thing, and then deny the words they wrote when people point out it is factually incorrect.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
2317
looks like they gave up
not going to sell out anytime soon with hhl 1
Just remember to include the income tax man fees! 🤪
Right jmlanzaf?🤨
I have no idea what you are talking about.
Does anyone have an update how many ATS remainz???
This is gitt'en Krazee! THKS!
PS: Lift the HHL and life can move on. lol
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
2245
I'm really not sure why so many people don't see this for the omen it is. This offering has no legs. It can't sell out despite $200 bids. And HHL of 1 isn't an excuse. Back in the day, this would have sold out in 30 minutes with an HHL of 1 like the V75 and other similar issues.
Remember when the congratulation sets would sell out on release day?
I've actually never seen anything like it. Plenty of Mint releases don't sell out but ASE's at 100k or less ALWAYS do WITH HHL of 1. And the fact that this has an open bid should have helped it sell out to flippers, if no one else.
Very curious...
https://www.usmint.gov/on/demandware.store/Sites-USM-Site/default/Product-Variation?pid=25APM
"ats": 2223
RGDS!!!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Life has moved on. Just not for us. 🤣
Because the Mint has apparently long since decided not to give us, or any of the gamers they busted, any opportunity to buy these from them in quantity. We cling to the hope that they care about moving the last few coins, and will lift the HHL in order to do so. Rather than continuing to cancel ineligible orders every day.
Joke's on us, because they seemingly don't care about selling the last few coins, or about us moving on with our lives.
Is it, though? You KNOW there are dozens of people who would happily take what's left off their hands, all of them in one fell swoop, but the Mint won't allow it. The counter DID go all the way down to zero, before immediately snapping back.
If it didn't have legs, there would be no bid. As with the Morgan and Peace Dollars.
This is them cracking down on buyer clubs. I am pretty sure the Big Boys are excluded if they want to maintain access to ABPP, which is why there is an aggressive bid rather than armies of straw buyers, which is absolutely part of what we observed in the past with the 30 minute sell outs.
So you are once again beating yourself up trying to square a circle, rather than accepting what is right in front of you. Flippers already bought what they can. If they are coming back for more, those are the orders that are being canceled.
These will ultimately sell out when people who want them find people willing and able to actually complete an order for the last few. No reason to doubt that will happen so long as there is unsatisfied demand. As evidenced by $200+ bids.
2089
Have a nice evening!
Yeah, but maybe this is the first time they're really and truly enforcing all workarounds for the HHL.
http://ProofCollection.Net
Completely irrelevant. Anyone who wanted one, has one. Anyone who wanted two, has had 2 weeks to get their neighbor to buy them one. You need 100,000 end buyers for ANY issue. The flippers are just temporary holders.
Edited to add: and are these missing buyers who want multiples waiting to pay $250+ from Pinehurst when they finally ship?
Actually, no. Past experience with hyper fast sell outs included tens of thousands of orders from straw buyers for large dealers, and/or buying clubs. I am pretty sure the large dealers agreed to stand down in return for early access to a portion of the release. And now the buying clubs are being stopped in their tracks.
So, while anyone who wanted one or two was able to get them, people who want 100 or 200, or 1,000 or 2,000, or 5,000 or 10,000, are not able to get them. Thus, the $200+ bid remains, even though the Mint will still sell them, one per household, to anyone who has not yet purchased one and who is not now on whatever bad boy list they likely created, at least for this issue.
You're assuming that, in the past, 100K went, one at a time, to end users or to flippers happy to sell one. This is just showing that was not the dynamic. It likely included hundreds or thousands of people using bots or human armies to take down large quantities.
Absent that, there is now a bottleneck. Which does not mean these will be DOA once the Mint stops selling them. They might or might not calm down once the dealers complete distribution of what they ultimately get their hands on. TBD.
I like the HH limit of 1 to 3. I like that the mint is making these availalbe in this manner. People who are collectors of proof ASE and/or Army vets (or family of Army vets) can buy one instead of them being sucked up by the "big boys and girls"....
I think when a "sell out" occurs people stop trying even know they are available for a much higher price..
Yeah. Many of us would like to get our hands on a few more at $105, and it's not like they have not been available long enough to give anyone paying attention the chance to get one. This really does just seem like the Mint is going out of it way to spite the people they have blocked, since I guess lifting the HHL will give them another shot to buy that they don't have now.
I never assumed that they used to go to end users. What i did say is that they have had more than enough time to find end users and failed to do so. The reason many past hot coins dropped in value is because of the number in hands of flippers (distribution issue, as I've called it). But I think we are simply learning earlier that there aren't enough strong holds. You acknowledged this yourself over the weekend when you mentioned that you expected it to drop in the long run.
I do appreciate your continued constant agreement and humble fealty.
The BIGS already sucked them up via the 10K presale they had arranged with the mint. We the people were left with a measly HHL of 1. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
I live to serve. 😀
That said, "they" have not "failed" to do anything. They already sold them out. Twice. Both times, they canceled orders of people caught breaking their rules. There is still a bid at 2x+ issue price.
Also, my expecting it to drop from whatever peak it hits in the next few weeks does not represent brilliant insight. Nor that I don't think a 100K proof ASE cannot be a winner as measured against its $105 issue price. So don't over analyze what I am saying.
We have no idea how many "strong holds" there are yet, because they haven't shipped, and because dealers have been unable to get what they want in order to be able to presell them. All we know now is that people who want them can't get them, while the Mint keeps canceling orders from people who continue to try to game them. What happened to your theory that people are using cards, en masse, that can't handle a $105 transaction?
hummmmmmmmmmmmmmmm at 1666
All these bouncing numbers of how many are left in stock kinda reminds me of something......
https://youtu.be/WAQUhaNT87w?si=bdEsVWblbtIp1zuv
Throw a coin enough times, and suppose one day it lands on its edge.
1653
1588
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
1-5-6-7 BINGO !
winner winner chicken dinner??
Why bother posting what is believed to be remaining stock. You have counted down to zero several times —to be surprised the counter has reset several thousand pieces to be sold.
The USM has botched this offering. When other posts say this coin is toast—they are 100% correct.
Not selling out for a number of weeks is the death knell for this coin. Secondary market is done.
They should have followed policy and released the HHL after 24 hrs-they would be sold out….put up the sign…and the secondary market would be lively.
Like someone else said—everyone that wants one, has one on order and there are still leftovers.
it's a nascar car race these days. 3 winners then a final winner whatever they all mean. we're watching the left turns!
That was me, but others disagree. They see some phantom unmet need. Apparently, there are supposed to be numerous people who want multiples and are willing to pay $200+ to get them. Except, of course, Pinehurst et al aren't sold out either.
I'm sure there are people who will buy more... at LESS than $105. It is unclear if there are many people waiting to pay more than $105 much less $200.
This coin will sell out. 100,000 is the right number for a proof eagle but the price action is going to be DOWN.
This issue has been interesting but it stopped being "hot" weeks ago.
Yes. And you and a few others keep posting ad nauseam the same thing over and over....
My guess is you all care about your post counts or you all don't get outside much....but at least you have one friend named NJCOIN.🤪
May I suggest you few members DM each other.🤣😂
Oh Man...
I could only imagine if they took it to a Group Text...
BST references available on request