@Goldminers said:
Almost 1,000 comments on a coin that has not even shipped yet. Overhyped and overpriced with no credible accountability to numbers available, or purchase offers, either guaranteed, or just speculated. I have a bad feeling there are more flippers than buyers who really want these to keep.
Let's be real....a minimum of 500 of those comments are between the lord and his fealty debating their "expert" opinions. 🤣😂
Another 300 are the members trying to count down to zero only to post higher numbers as the Mint or customers cancels orders.🤪
This thread should be on page 3 by now🙄
One thing you have never come to terms with, at least not since the first VB thread, is that you are not a mod, owner or host of the forum. As a result, it's simply not your call how big any thread should be.
You are free to tune in or tune out as you see fit. But your opinion regarding the quantity or quality of the posts of others carries absolutely no weight. 🤣😂 🙄
The fact this issue STILL hasn't sold out yet on the mints website apparently hasn't fazed the major bullion dealers as bids haven't moved down, nor have their presale sell prices on certified ones last time I looked a couple days ago. Im wondering if they're still available on the mints website after people start getting them in hand will change that?
Your hobby is supposed to be your therapy, not the reason you need it.
@Luxor said:
The fact this issue STILL hasn't sold out yet on the mints website apparently hasn't fazed the major bullion dealers as bids haven't moved down, nor have their presale sell prices on certified ones last time I looked a couple days ago. Im wondering if they're still available on the mints website after people start getting them in hand will change that?
It won't. Nothing will change until the dealers are done marketing it, and they move on to the next thing. Bids haven't moved because they still want/need them and can't get them, but are holding out hope they will be able to get them in the future. If they were actually sold out, bids would rise to stimulate selling. The bids aren't moving, yet, because dealers are still hoping the HHL will be lifted, and/or people who have not yet bought will buy and flip.
They are not sold out from the Mint because the Mint refuses to sell them to people who already bought. Not because there is no demand. Nothing is going to change just because people start receiving them. When they actually sell out at the Mint, THEN dealers will know no more will be coming, and they'll either pull their bids and move on, OR raise their bid prices if the market will support higher slab prices.
I'm going to wait until the quantity avaliable goes back to 100,000 and then I'll cancel my order. Then they'll have 100,001 in stock for a coin that has a mintage of 100,000. 😵💫
@HalfDime said:
The US Mint has hurt a lot of people who locked into this coin at the top on Ebay prices. Many assumed there would be no more coins coming into the market so they bought at the top, and now the mint releases the extra 25k coins at HHL of 1, which undercuts all those that bought recently listed preorders. I know many can say that is the chance they took in buying, but the mint should not have done this without telling the coin news websites what was happening to prevent people from being burned like this. The next two releases may be impacted by this. It was obvious the mint had a flaw in the ordering software that allowed multiple orders that broke the HHL of 1, and the preorders should have come back up every morning like they did in past releases. By holding them until one huge dump that created an early scarcity of coins that burned many people.
There was no "flaw in the ordering software that allowed multiple orders" to go through.. Try purchasing another with "some" of your same information and the order will not be allowed to go through, period. I will not say which information is key.
Yes, I have multiple orders in and absolutely no worries of cancellation. Ya just have to know how to do it.
Folks like jmlanzaf, jwitten, RichR, and others not coming to mind right now know how to do it.
Others like NJCoin, coiner, and Halfdime have no idea despite their supposed knowledge and theories on the subject.
There was a flaw in the release day as multiple people in this thread managed to place orders as guests using identical information.
So are those orders getting canceled?
They probably were initially. There was a drop of 11k in the 3 days after release. The subsequent coins could have arisen from multiple sources (despite what not NY says). They find the HHL violations by running a script not by hand-checking. So it isn't really clear where the other 25k came from. Some are probably HHL violations, some are probably bad CCs, some are probably cancellations. Who knows?
Bottom line is that they haven't been able to sell 90k coins even with all the flippers.
No. The bottom line is they aren't selling them, not because they can't, because they keep canceling orders that violated the HHL, and they still haven't lifted the HHL.
This is the very first time they so aggressively went after the violators. In hindsight, the signal that they were going to do this was their failure to lift the HHL after the fist 24 hours. I don't think they ever did that before on anything with such a high mintage.
They'll sell out in an instant if they ever lift the HHL. Will almost certainly sell out at some point even if they don't. Get back to us when the eBay price gets close to $105 if they are still available on the Mint's website. At that point, you'll be right.
Until then, not so much. You're a dealer -- why is there a bid at $200 if the Mint can't sell 90K at $105?
You really do not understand HHL do you? And so many others.
You really do not understand HHL do you? And so many others.
But of course you do understand HHL.
Please feel free to set the forum straight with your knowledge on the HHL.
Thanking you in advance.
Duh. Own more then one house/property and figure the rest out. Is yours and others here common sense and reading comprehension really that lacking. HHL means House Hold Limit. Idiots born everyday.
You really do not understand HHL do you? And so many others.
But of course you do understand HHL.
Please feel free to set the forum straight with your knowledge on the HHL.
Thanking you in advance.
Duh. Own more then one house/property and figure the rest out. Is yours and others here common sense and reading comprehension really that lacking. HHL means House Hold Limit. Idiots born everyday.
Sounds great. I'm rushing out now to buy some property so I can double dip on a Mint release. I'll get right on that. Thanks for the valuable, and easy to implement, suggestion.
You really do not understand HHL do you? And so many others.
But of course you do understand HHL.
Please feel free to set the forum straight with your knowledge on the HHL.
Thanking you in advance.
Duh. Own more then one house/property and figure the rest out. Is yours and others here common sense and reading comprehension really that lacking. HHL means House Hold Limit. Idiots born everyday.
Sounds great. I'm rushing out now to buy some property so I can double dip on a Mint release. I'll get right on that. Thanks for the valuable, and easy to implement, suggestion.
Quit being a tool! What a childish reply. Yes. Own more then one property. Do you? You just assume incorrectly that someone who orders more then one of a mint offering with a HHL of 1 (one) is automatically gaming the system, juggling addresses, being dishonest, just a flipper....etc. & the orders will be cancelled. Well my orders are not & will not be cancelled.
Geeze, should I or anyone be embarressed that they own more then one property just so they can, in your words, "double dip" on a mint offering.
Dude, seriously, admit you don't know it all. In fact your opinions are wrong more then they are right. You know it, we all know it.
You really do not understand HHL do you? And so many others.
But of course you do understand HHL.
Please feel free to set the forum straight with your knowledge on the HHL.
Thanking you in advance.
Duh. Own more then one house/property and figure the rest out. Is yours and others here common sense and reading comprehension really that lacking. HHL means House Hold Limit. Idiots born everyday.
Sounds great. I'm rushing out now to buy some property so I can double dip on a Mint release. I'll get right on that. Thanks for the valuable, and easy to implement, suggestion.
Quit being a tool! What a childish reply. Yes. Own more then one property. Do you? You just assume incorrectly that someone who orders more then one of a mint offering with a HHL of 1 (one) is automatically gaming the system, juggling addresses, being dishonest, just a flipper....etc. & the orders will be cancelled. Well my orders are not & will not be cancelled.
Geeze, should I or anyone be embarressed that they own more then one property just so they can, in your words, "double dip" on a mint offering.
Dude, seriously, admit you don't know it all. In fact your opinions are wrong more then they are right. You know it, we all know it.
LMAO
What in the world is the point you are trying to make? Everyone here including NJ knows what the acronym stands for, what is it exactly that you're disagreeing with? Nobody here gives a hoot if you have two addresses you can use to circumvent the HHL, but it is no one's opinion that other orders using a straw buyer techniques have been cancelled en masse.
Not sure which of his other opinions you claim are dubious, but despite that he and other like to discuss the minutiae of topics extensively, the only comments that seem childish are yours (wqf as an honorable mention perhaps). I don't see anyone else here demonstrating a lack of reading comprehension, but criticism of such skills is ironically ineffective when it's administered with improper grammar and frequent misspellings.
Is it only a matter of time before the US Mint sends lower mintage coins to the grading services before release and then sells to the public graded pieces with strict HHL? They would have a special holder of course...
@Coin Finder said:
Is it only a matter of time before the US Mint sends lower mintage coins to the grading services before release and then sells to the public graded pieces with strict HHL? They would have a special holder of course...
Probably not, because that would totally undermine the business model of its best customers, the Big Boys. Based on the background of the incoming Mint Director, I'd expect a greater sensitivity to the wants and needs of the Mint's biggest and best customers, to the detriment of everyone else.
@Coin Finder said:
Is it only a matter of time before the US Mint sends lower mintage coins to the grading services before release and then sells to the public graded pieces with strict HHL? They would have a special holder of course...
Probably not, because that would totally undermine the business model of its best customers, the Big Boys. Based on the background of the incoming Mint Director, I'd expect a greater sensitivity to the wants and needs of the Mint's biggest and best customers, to the detriment of everyone else.
@Coin Finder said:
Is it only a matter of time before the US Mint sends lower mintage coins to the grading services before release and then sells to the public graded pieces with strict HHL? They would have a special holder of course...
Probably not, because that would totally undermine the business model of its best customers, the Big Boys. Based on the background of the incoming Mint Director, I'd expect a greater sensitivity to the wants and needs of the Mint's biggest and best customers, to the detriment of everyone else.
They essentially did it with the FH gold
But not the gold, just the gold privy. Special case.
I guess it won't be so special if they keep doing it, but there is no indication that they will. Again, my feeling is that the new guy will accommodate his former employers. Not turn the Mint into a competitor.
This coin will sell out. 100,000 is the right number for a proof eagle but the price action is going to be DOWN.
The problem for the mint isn’t this coin, it’s the subsequent ones later this year. Sure 100,000 might be a fairly accurate mintage now, but having a 100,000 mintage coin not sell out is going to kill demand on the others.
The mint quibbling over selling the remaining few thousand coins is going to cost them tens of thousands of coin orders coming up.
This coin will sell out. 100,000 is the right number for a proof eagle but the price action is going to be DOWN.
The problem for the mint isn’t this coin, it’s the subsequent ones later this year. Sure 100,000 might be a fairly accurate mintage now, but having a 100,000 mintage coin not sell out is going to kill demand on the others.
The mint quibbling over selling the remaining few thousand coins is going to cost them tens of thousands of coin orders coming up.
While maybe technically true that it is not completely sold out, for all intents and purposes the coin is sold out and could be sold out with a few key strokes.
Here it is 12 hours later and the count is now 6671, that's 357 coins sold.
At this rate, your 10 day projection is very possible unless more inventory miraculously shows up.
At this point, it is a given that more inventory is going to not so miraculously show up, because it's likely the same people buying and having orders canceled. Over and over again now. Far too many coming back at this point, with the dealer bid being what it is, for the cancellations to be buyer originated.
If they don't want to lift the HHL and let us all have a shot at them, because that would mean opening the door to the people who have been gaming them all along, at some point they are probably just going to stop the wash, rinse, repeat, and just push them out the backdoor to one or more Big Boys. Because there is simply no reason to keep doing this indefinitely.
9 more days before these coins ship to most customers who ordered these coins on "backorder" according to the Mint website. I assume many here will keep speculating and beating this dead horse furiously until then.
This coin will sell out. 100,000 is the right number for a proof eagle but the price action is going to be DOWN.
The problem for the mint isn’t this coin, it’s the subsequent ones later this year. Sure 100,000 might be a fairly accurate mintage now, but having a 100,000 mintage coin not sell out is going to kill demand on the others.
The mint quibbling over selling the remaining few thousand coins is going to cost them tens of thousands of coin orders coming up.
@Goldminers said:
9 more days before these coins ship to most customers who ordered these coins on "backorder" according to the Mint website. I assume many here will keep speculating and beating this dead horse furiously until then.
Well, yeah. But, regardless of when they ship, so long as they remain available for sale on the Mint's website at a price far below dealer bid, with a HHL intact that prevents people from actually buying them, the horse is hardly dead. I realize that's a popular opinion whenever any debate extends for over a month and a few pages, but it's not always true.
Based on what? Secondary bid today? Or your expert opinion, as someone who is unable to obtain quantity at issue price to flip on the secondary market?
I think the secondary market will be fine for awhile. It is prudent though to consider the fall releases long term value implications. That is a lot if privy product to enter the marketplace in a short period of time.
@Goldminers said:
9 more days before these coins ship to most customers who ordered these coins on "backorder" according to the Mint website. I assume many here will keep speculating and beating this dead horse furiously until then.
Well, yeah. But, regardless of when they ship, so long as they remain available for sale on the Mint's website at a price far below dealer bid, with a HHL intact that prevents people from actually buying them, the horse is hardly dead. I realize that's a popular opinion whenever any debate extends for over a month and a few pages, but it's not always true.
How many of the 90,000+ orders are from people just trying to flip? I suspect a significant number. My point is, how many will be keeping their order when it finally ships?
That is the actual long-term demand. So far, IMO, this has generated a lot of hype with hopes to make $100 or more selling to dealers. How many dealers are hoping to make another $100 or more on top of that depending on grading, special labels, even more marketing hype, etc.
I have a #1 PCGS registry set with every silver eagle in 70 grades. I am considering ending the set this year because of too many privy's, too many finishes, too many labels and too much mint or dealer premium. I am not alone in this frustration.
It bears repeating that apparently the Mint does not want flippers hoarding product for a quick profitable flip and forcing the pricing higher than it otherwise would be on an HHL of 1.
@fathom said:
It bears repeating that apparently the Mint does not want flippers hoarding product for a quick profitable flip and forcing the pricing higher than it otherwise would be on an HHL of 1.
That went out the window the second they agreed to ship 10K off to the BIGS. Shady slime deal if you ask me. The US Mint, ASE, Army, Navy, Corps was supposed to be for we the people, not some price gouging dealers. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
@fathom said:
It bears repeating that apparently the Mint does not want flippers hoarding product for a quick profitable flip and forcing the pricing higher than it otherwise would be on an HHL of 1.
That went out the window the second they agreed to ship 10K off to the BIGS. Shady slime deal if you ask me. The US Mint, ASE, Army, Navy, Corps was supposed to be for we the people, not some price gouging dealers. THKS!
10K is only 10%. They are trying to walk the fine line of making the product available at issue price, not selling out too quickly, and not getting stuck with product.
The Flowing Hair gold 230 was a different situation, an attempt to prime the pump of brand value. And it worked.
I plan to keep mine.
Based on appreciation for the country history .
For what it is worth,my order recently went to " processing" from the basic " backorder". This morning it returned to " backorder".
At least it is active. I speculate that maybe the shipping date might change to later? Tra la!
@Goldminers said:
9 more days before these coins ship to most customers who ordered these coins on "backorder" according to the Mint website. I assume many here will keep speculating and beating this dead horse furiously until then.
Well, yeah. But, regardless of when they ship, so long as they remain available for sale on the Mint's website at a price far below dealer bid, with a HHL intact that prevents people from actually buying them, the horse is hardly dead. I realize that's a popular opinion whenever any debate extends for over a month and a few pages, but it's not always true.
How many of the 90,000+ orders are from people just trying to flip? I suspect a significant number. My point is, how many will be keeping their order when it finally ships?
That is the actual long-term demand. So far, IMO, this has generated a lot of hype with hopes to make $100 or more selling to dealers. How many dealers are hoping to make another $100 or more on top of that depending on grading, special labels, even more marketing hype, etc.
I have a #1 PCGS registry set with every silver eagle in 70 grades. I am considering ending the set this year because of too many privy's, too many finishes, too many labels and too much mint or dealer premium. I am not alone in this frustration.
I agree with everything you are saying. What you are forgetting is that, with the extraordinarily long runway between when the Mint first started taking orders and when it said all along it would be shipping, a lot of the uncertainty that would otherwise exist has already been addressed.
People have been pre-selling to reputable buyers, and dealers have been pre-selling slabs. Yet the 2x bid remains.
As a result, shipping is not going to cause prices to collapse. I don't know what's going to happen in 3 months or a year, but I am fairly certainly dealers are not going to be buried in people looking for $200 for coins dealers no longer want when shipping begins.
I looked up mintages and from what I see this is the third lowest proof silver eagle mintage. Some of the reverse proofs are lower, but I don't think they count in the proof category.
The lowest proofs are:
1995 W 30,125
2020 W 74,709 ww2 privy
2025 W 100,000 Army
2025 W 100,000 Navy
2025 W 100,000 Marines
2025 Laser Eagle 100k?
No word on what the 2025 Laser silver eagle mintage is, but they might do 100k as well. That would be 4 at 100k. The mint might also do 75k of the laser coin, which would kill the 100k coins somewhat but still keep them over $200 is my guess.
Comments
One thing you have never come to terms with, at least not since the first VB thread, is that you are not a mod, owner or host of the forum. As a result, it's simply not your call how big any thread should be.
You are free to tune in or tune out as you see fit. But your opinion regarding the quantity or quality of the posts of others carries absolutely no weight. 🤣😂 🙄
73O• O• ✓
7555
The fact this issue STILL hasn't sold out yet on the mints website apparently hasn't fazed the major bullion dealers as bids haven't moved down, nor have their presale sell prices on certified ones last time I looked a couple days ago. Im wondering if they're still available on the mints website after people start getting them in hand will change that?
Your hobby is supposed to be your therapy, not the reason you need it.
And the number count takes it to the top.....why? Why? Why?
🤣😂
It won't. Nothing will change until the dealers are done marketing it, and they move on to the next thing. Bids haven't moved because they still want/need them and can't get them, but are holding out hope they will be able to get them in the future. If they were actually sold out, bids would rise to stimulate selling. The bids aren't moving, yet, because dealers are still hoping the HHL will be lifted, and/or people who have not yet bought will buy and flip.
They are not sold out from the Mint because the Mint refuses to sell them to people who already bought. Not because there is no demand. Nothing is going to change just because people start receiving them. When they actually sell out at the Mint, THEN dealers will know no more will be coming, and they'll either pull their bids and move on, OR raise their bid prices if the market will support higher slab prices.
7305 RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
I'm going to wait until the quantity avaliable goes back to 100,000 and then I'll cancel my order. Then they'll have 100,001 in stock for a coin that has a mintage of 100,000. 😵💫
You really do not understand HHL do you? And so many others.
But of course you do understand HHL.
Please feel free to set the forum straight with your knowledge on the HHL.
Thanking you in advance.
Duh. Own more then one house/property and figure the rest out. Is yours and others here common sense and reading comprehension really that lacking. HHL means House Hold Limit. Idiots born everyday.
Sounds great. I'm rushing out now to buy some property so I can double dip on a Mint release. I'll get right on that. Thanks for the valuable, and easy to implement, suggestion.
If Flipping 10, so I can get a few for free; does that count as a "flipper" or just business?
BST references available on request
Quit being a tool! What a childish reply. Yes. Own more then one property. Do you? You just assume incorrectly that someone who orders more then one of a mint offering with a HHL of 1 (one) is automatically gaming the system, juggling addresses, being dishonest, just a flipper....etc. & the orders will be cancelled. Well my orders are not & will not be cancelled.
Geeze, should I or anyone be embarressed that they own more then one property just so they can, in your words, "double dip" on a mint offering.
Dude, seriously, admit you don't know it all. In fact your opinions are wrong more then they are right. You know it, we all know it.
LMAO
I don't know. You will have to ask @NJCoin.
NO! Please don't ask NJCOIN! 🤣😂
7028, only 10 more days! RGDS!!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Or 1000...
What in the world is the point you are trying to make? Everyone here including NJ knows what the acronym stands for, what is it exactly that you're disagreeing with? Nobody here gives a hoot if you have two addresses you can use to circumvent the HHL, but it is no one's opinion that other orders using a straw buyer techniques have been cancelled en masse.
Not sure which of his other opinions you claim are dubious, but despite that he and other like to discuss the minutiae of topics extensively, the only comments that seem childish are yours (wqf as an honorable mention perhaps). I don't see anyone else here demonstrating a lack of reading comprehension, but criticism of such skills is ironically ineffective when it's administered with improper grammar and frequent misspellings.
Founder- Peak Rarities
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I wouldn't crow too early having two households until the coins ship.
.
Is it only a matter of time before the US Mint sends lower mintage coins to the grading services before release and then sells to the public graded pieces with strict HHL? They would have a special holder of course...
Probably not, because that would totally undermine the business model of its best customers, the Big Boys. Based on the background of the incoming Mint Director, I'd expect a greater sensitivity to the wants and needs of the Mint's biggest and best customers, to the detriment of everyone else.
They essentially did it with the FH gold
But not the gold, just the gold privy. Special case.
I guess it won't be so special if they keep doing it, but there is no indication that they will. Again, my feeling is that the new guy will accommodate his former employers. Not turn the Mint into a competitor.
"Lower mintage" today means 10K. Not 230.
6677
i'm guessing there are flippers who still don't get it
Here it is 12 hours later and the count is now 6671, that's 357 coins sold.
At this rate, your 10 day projection is very possible unless more inventory miraculously shows up.
10 days unit supposed shipment. Lift the HHL already. I will certainly aid in decreasing that count to zero in well less than 10 days. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
The problem for the mint isn’t this coin, it’s the subsequent ones later this year. Sure 100,000 might be a fairly accurate mintage now, but having a 100,000 mintage coin not sell out is going to kill demand on the others.
The mint quibbling over selling the remaining few thousand coins is going to cost them tens of thousands of coin orders coming up.
While maybe technically true that it is not completely sold out, for all intents and purposes the coin is sold out and could be sold out with a few key strokes.
http://ProofCollection.Net
At this point, it is a given that more inventory is going to not so miraculously show up, because it's likely the same people buying and having orders canceled. Over and over again now. Far too many coming back at this point, with the dealer bid being what it is, for the cancellations to be buyer originated.
If they don't want to lift the HHL and let us all have a shot at them, because that would mean opening the door to the people who have been gaming them all along, at some point they are probably just going to stop the wash, rinse, repeat, and just push them out the backdoor to one or more Big Boys. Because there is simply no reason to keep doing this indefinitely.
9 more days before these coins ship to most customers who ordered these coins on "backorder" according to the Mint website. I assume many here will keep speculating and beating this dead horse furiously until then.
My US Mint Commemorative Medal Set
100% agree!
Secondary is already DOA
Well, yeah. But, regardless of when they ship, so long as they remain available for sale on the Mint's website at a price far below dealer bid, with a HHL intact that prevents people from actually buying them, the horse is hardly dead. I realize that's a popular opinion whenever any debate extends for over a month and a few pages, but it's not always true.
Based on what? Secondary bid today? Or your expert opinion, as someone who is unable to obtain quantity at issue price to flip on the secondary market?
I think the secondary market will be fine for awhile. It is prudent though to consider the fall releases long term value implications. That is a lot if privy product to enter the marketplace in a short period of time.
How many of the 90,000+ orders are from people just trying to flip? I suspect a significant number. My point is, how many will be keeping their order when it finally ships?
That is the actual long-term demand. So far, IMO, this has generated a lot of hype with hopes to make $100 or more selling to dealers. How many dealers are hoping to make another $100 or more on top of that depending on grading, special labels, even more marketing hype, etc.
I have a #1 PCGS registry set with every silver eagle in 70 grades. I am considering ending the set this year because of too many privy's, too many finishes, too many labels and too much mint or dealer premium. I am not alone in this frustration.
My US Mint Commemorative Medal Set
I really don’t understand why the HHL wasn’t raised the next day like normal.
It bears repeating that apparently the Mint does not want flippers hoarding product for a quick profitable flip and forcing the pricing higher than it otherwise would be on an HHL of 1.
That went out the window the second they agreed to ship 10K off to the BIGS. Shady slime deal if you ask me. The US Mint, ASE, Army, Navy, Corps was supposed to be for we the people, not some price gouging dealers. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
After watching this discussion for the past month I finally ordered one from the US Mint.
I was in the Army - briefly.
The Mysterious Egyptian Magic Coin
Coins in Movies
Coins on Television
10K is only 10%. They are trying to walk the fine line of making the product available at issue price, not selling out too quickly, and not getting stuck with product.
The Flowing Hair gold 230 was a different situation, an attempt to prime the pump of brand value. And it worked.
I plan to keep mine.
Based on appreciation for the country history .
For what it is worth,my order recently went to " processing" from the basic " backorder". This morning it returned to " backorder".
At least it is active. I speculate that maybe the shipping date might change to later? Tra la!
I agree with everything you are saying. What you are forgetting is that, with the extraordinarily long runway between when the Mint first started taking orders and when it said all along it would be shipping, a lot of the uncertainty that would otherwise exist has already been addressed.
People have been pre-selling to reputable buyers, and dealers have been pre-selling slabs. Yet the 2x bid remains.
As a result, shipping is not going to cause prices to collapse. I don't know what's going to happen in 3 months or a year, but I am fairly certainly dealers are not going to be buried in people looking for $200 for coins dealers no longer want when shipping begins.
I looked up mintages and from what I see this is the third lowest proof silver eagle mintage. Some of the reverse proofs are lower, but I don't think they count in the proof category.
The lowest proofs are:
1995 W 30,125
2020 W 74,709 ww2 privy
2025 W 100,000 Army
2025 W 100,000 Navy
2025 W 100,000 Marines
2025 Laser Eagle 100k?
No word on what the 2025 Laser silver eagle mintage is, but they might do 100k as well. That would be 4 at 100k. The mint might also do 75k of the laser coin, which would kill the 100k coins somewhat but still keep them over $200 is my guess.
6281 remaining.......pace is slowing up again.
Don't believe it. Just the BIGS playing their little mint games. Stand tall and snatch whatever you can grab.....if the HHL is ever lifted. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
.> @blitzdude said:
Fake news