@Goldbully said:
Just found this thread at the bottom of page 3.....no posts since August 1st.
Kinda sad that the Mint saturated the market with this Superman issue......10k mintage
Guess their objective was to set a high bar and hope enough Superman lovers would pull the trigger.
Hard to get excited over an extremely overpriced comic book gold coin that will probably never be a sellout.
ATS: 1802
For sure. What's even more surprising, at least to me, is the lack of interest in 25K 2.5 ounce silver medals.
Superman is a classic, still popular superhero, and the design is attractive. So the lack of interest in this one indicates the entire program is going to be a bust. It didn't attract the youngsters the Mint was hoping for, while the old timers predictably had no interest in seeing the US Mint become the Perth Mint, or the Franklin Mint.
Too bad, so sad. Now at least they see there is a limit to what people will pay. And it apparently is something less than a $2,000 per ounce premium to a $3,400 spot metal price for something with a 10K mintage. Good for all of us to know. Too bad it was discovered on DC Comics' dime.
For sure. What's even more surprising, at least to me, is the lack of interest in 25K 2.5 ounce silver medals.
Superman is a classic, still popular superhero, and the design is attractive. So the lack of interest in this one indicates the entire program is going to be a bust. It didn't attract the youngsters the Mint was hoping for, while the old timers predictably had no interest in seeing the US Mint become the Perth Mint, or the Franklin Mint.
Too bad, so sad. Now at least they see there is a limit to what people will pay. And it apparently is something less than a $2,000 per ounce premium to a $3,400 spot metal price for something with a 10K mintage. Good for all of us to know. Too bad it was discovered on DC Comics' dime.
Excellent summation of the Mint's Comic Art Coin & Medal Program.
Like many here on the forum, I had high hopes for the program.
Only the U.S. Mint could take a great concept and crush it in a very short period of time.
"In the latest update, the gold coin fell by 221 to 5,925, the 2.5-ounce silver medal rose by 163 to 11,927, and the 1-ounce silver medal dropped by 14,229 to 15,999."
@HalfDime said:
These products have officially bombed:
"In the latest update, the gold coin fell by 221 to 5,925, the 2.5-ounce silver medal rose by 163 to 11,927, and the 1-ounce silver medal dropped by 14,229 to 15,999."
Does that include dealers?
If so, and with 1800 available, I would indicate 8000 mintage ?
@HalfDime said:
These products have officially bombed:
"In the latest update, the gold coin fell by 221 to 5,925, the 2.5-ounce silver medal rose by 163 to 11,927, and the 1-ounce silver medal dropped by 14,229 to 15,999."
Look at some other gold commems. I think the are doing okay. It isn't mandatory that everything sell out. Ideally, for the Mint, they shouldn't sell out. That could mean sales haven't been maximized.
All comments reflect the opinion of the author, even when irrefutably accurate.
@HalfDime said:
These products have officially bombed:
"In the latest update, the gold coin fell by 221 to 5,925, the 2.5-ounce silver medal rose by 163 to 11,927, and the 1-ounce silver medal dropped by 14,229 to 15,999."
Look at some other gold commems. I think the are doing okay. It isn't mandatory that everything sell out. Ideally, for the Mint, they shouldn't sell out. That could mean sales haven't been maximized.
I’m in sales, sellouts are a good thing for both parties: How are slow sales maximizing profits?
@HalfDime said:
These products have officially bombed:
"In the latest update, the gold coin fell by 221 to 5,925, the 2.5-ounce silver medal rose by 163 to 11,927, and the 1-ounce silver medal dropped by 14,229 to 15,999."
Look at some other gold commems. I think the are doing okay. It isn't mandatory that everything sell out. Ideally, for the Mint, they shouldn't sell out. That could mean sales haven't been maximized.
So far, this program is a far, far cry from being a bomb. Their Dynamic Pricing Structure has been accepted, and is a success for the Mint.
Why is it that when a product doesn't sell out the first hour or day, that it's automatically considered a failure?
Lol.
@HalfDime said:
These products have officially bombed:
"In the latest update, the gold coin fell by 221 to 5,925, the 2.5-ounce silver medal rose by 163 to 11,927, and the 1-ounce silver medal dropped by 14,229 to 15,999."
Look at some other gold commems. I think the are doing okay. It isn't mandatory that everything sell out. Ideally, for the Mint, they shouldn't sell out. That could mean sales haven't been maximized.
I’m in sales, sellouts are a good thing for both parties: How are slow sales maximizing profits?
If you Mint 10,000 and they sell out but there is actual demand for 20,000, how did you maximize profits?
What kind of sales are you in? I'm pretty sure Kraft doesn't cut off the supply of macaroni and cheese to maximize sales.
You don't want to Mint 20,000 and only sell 10,000 but that's not what I said.
They sold more Superman gold than Jackie Robinson (6100+ vs 5700+). Isn't that more successful?
They only sold 1945 of the V75 gold. Instant sell out. Isn't this coin (at a higher price) more successful for the Mint by a factor of at least 3?
What's more successful for the Mint? They sold out 100,000 Army Privy but sold 400,000 regular 2024 proof silver eagles against an "unlimited" mintage.
All comments reflect the opinion of the author, even when irrefutably accurate.
I just canceled my order. I ordered it on day one. The longer it stayed on back order the more I was thinking maybe I don’t need it. Today was the day I acted on that sentament.
When the American Eagle program first started, it made sense to buy American Eagles because they were reasonably-priced with only a small premium over the spot price of gold. If you wanted to accumulate gold, it made much more sense to buy AGEs than to buy the classic gold coins - all of which had much higher premiums as collectibles.
The Mint has now morphed into an out-of-control Franklin Mint or Paris Mint that mostly sells a plethora of shiny objects at exorbitant markups. It's fine if you collect Hummels, Swiss watches or Rolls Royce's and have the money to do that, but most of the Mint's offerings are simply diluting the pool of money reserved for coin collecting in a significant way.
It may not happen soon, but after the prices of gold & silver reach a (much higher) plateau, I predict that the market for these types of gimmicky issues will shrink to the point that the Mint will lose money on every single one of them and that they will take there rightful place as overpriced bullion pieces as they head to the smelter.
Q: Are You Printing Money? Bernanke: Not Literally
I wouldn't go that far that they are becoming the franklin mint.
A good deal of the over the skis issuances are congress mandated, that won't change.
The Mint has developed some interesting numismatic related items like the flowing hair and privy ASEs that are actually I believe pulling in potential newbs to the hobby. A net positive any way you look at current mint marketing strategy.
@jmski52 said:
When the American Eagle program first started, it made sense to buy American Eagles because they were reasonably-priced with only a small premium over the spot price of gold. If you wanted to accumulate gold, it made much more sense to buy AGEs than to buy the classic gold coins - all of which had much higher premiums as collectibles.
The Mint has now morphed into an out-of-control Franklin Mint or Paris Mint that mostly sells a plethora of shiny objects at exorbitant markups. It's fine if you collect Hummels, Swiss watches or Rolls Royce's and have the money to do that, but most of the Mint's offerings are simply diluting the pool of money reserved for coin collecting in a significant way.
It may not happen soon, but after the prices of gold & silver reach a (much higher) plateau, I predict that the market for these types of gimmicky issues will shrink to the point that the Mint will lose money on every single one of them and that they will take there rightful place as overpriced bullion pieces as they head to the smelter.
On the other hand, the 1986 proof AGE had a mintage of 446,290, while the 2025 version, at its exorbitant premium, is capped at 17,500. So, you get what you pay for.
Back in the day, they had modest premiums and unlimited mintages. That is no longer the case. The Mint sells bullion through authorized dealers at the premiums you seek. Which are still far lower than the percentage premium nearly half a million proof AGEs were sold for in 1986. Numismatic gold in 2025 is not what it was 40 years ago. Either with respect to mintage or pricing.
Which does not make the US Mint the Franklin Mint. Other than, perhaps, with respect to things like superhero coins.
No, today there is a sophistication regarding what collectors want, and what they are willing to pay, that did not exist 40 years ago. Production below demand in order to support secondary market premiums. And people are willing to pay for that.
Numismatic gold was never meant for stackers. Pricing it at a small premium to spot only creates more excess profit for flippers. The Mint has gotten pretty good at capturing the vast majority of that profit for itself the past few years. Honestly nothing wrong with that. At least from the taxpayers' point of view.
@mlewisr said:
Talked to customer service yesterday at 9AM to cancel my order. She told me they still have 5900 in stock.
Just checked online store...guess they will add the extra inventory at a 'convenient' time.
ats: 1660
Or, there is a disconnect somewhere. While we have certainly seen the Mint randomly adding inventory at odd times, there is absolutely no reason to think a random rep in a random call center is seeing anything other than what we can see, or can sell anything we cannot buy on the website, since they should both be pulling inventory from the exact same place.
Right here, right now, I don't believe they have sold 8340. But I also don't believe a customer service rep can actually see 5900 while we are seeing 1660. Because if the missing 4240 cannot be bought on the web, I am 99.99% sure that rep would not have them available to sell, assuming there is no limit to how many can be sold in a single order over the phone.
With all due respect, I think this number is highly misleading. If you'll recall, the ATS counter steadily counted Army privies down to zero, only to have several thousand reappear as soon as it happened. Several times before they finally lifted the HHL and had an actual sell out.
Based on the latest sales report, that will almost certainly happen here as well. Intuition and common sense indicates this is far from selling out. The latest sales report confirms this -- 5,724 sold through August 10th. Nowhere near 8,400.
This strongly implies there is an additional 2,500 or so waiting in the wings, likely from cancellations, that will be reloaded into inventory at some point in the future. The alternative would be that these coins have been sold in the last 3 days. I'd make a large wager against that if anyone is interested.
Well, yeah. When non-public code is being deciphered to arrive at a sales figure that wildly diverges from official publicly reported sales figures, I'm going with the countdown not being accurate, based on what we observed with a recent coin that was "sold out" multiple times based on the countdown, only to have the countdown clock be reset repeatedly before final sell out.
So, yeah, I am now questioning the countdown. Not arguing with anyone about any misinformation, because that ATS figure we discovered is not being used by us for its intended purpose, so there is no representation by anyone, other than, apparently, you, regarding its accuracy.
It's nothing more than tool used by the Mint to manage its inventory. Not meant to be a barometer of actual sales. Because it was recently shown to be anything but, as the Mint was constantly adjusting it to account for canceled sales.
Same will happen here. I guarantee it. This is nowhere near sell out. It will likely never sell out.
A countdown of those available isn't the same as a count up with the number sold of the full mintage want "ats".
Then again, sales of the army still show over 100,000 sold so who knows anymore.
They actually did not start with all coins loaded. As you might recall, they only loaded around half up front. Those sold out in less than 2 hours, after which the remaining 5K were loaded.
The real key here is what happened with the Army privies, when the count repeatedly went to zero, and was repeatedly replenished. Evidencing that all canceled orders were not added back on a real time basis, but only periodically as needed to keep the item on sale.
Here, we know for a fact there is very limited interest, due to the price as well as the fact that there is no sell out even after the HHL was lifted. No reason to think the sales report is wrong, and that there are not around 2500 cancellations waiting in the wings to be added back to the ATS count at some point in the future. Or that 2500 sold between the cut off for the report on Sunday and @Goldbully's post yesterday.
@NJCoin said:
Based on this, ATS of 1252 is total BS. They are apparently counting down sales without adding back cancellations.
No, it may not be since it is still on preorder. Ship date is Sept. 19, and by that time they will have lowered expectations based on sales.
They had earlier hoped to take preorders for 10k since that is the mintage limit, but now they see far fewer sales will happen, so have probably adjusted down the total number of coins being produced.
So have they struck the planned 10k mintage for gold?
I doubt they did and they may have done the early preorder to get a number to make for the coins. The number now in inventory may be what they ultimately strike and sell, which it appears to be 7000 total coins, and not 10,000.
BTW this isn't the only product that they have done this with, other products listed have unrealistic inventory that doesn't exist. 10k was a best case scenario here, and now they have far less demand.
The Batman and Wonder Woman could also be struck to 7000 gold, we will find out soon enough.
Of coarse I could be wrong and they did strike 10k gold for superman, and will be selling coins well into next year and possibly longer.
Years ago there were products that were listed early in the year that they did an initial strike for, and then they would make more later on to fill backorders with one final strike. I doubt they can do that with these since they are being offered late in the year. This is why sometimes the lowest mintage products happen late in the year, when they cannot do a second strike for the additional demand.
@NJCoin said:
Based on this, ATS of 1252 is total BS. They are apparently counting down sales without adding back cancellations.
No, it may not be since it is still on preorder. Ship date is Sept. 19, and by that time they will have lowered expectations based on sales.
They had earlier hoped to take preorders for 10k since that is the mintage limit, but now they see far fewer sales will happen, so have probably adjusted down the total number of coins being produced.
So have they struck the planned 10k mintage for gold?
I doubt they did and they may have done the early preorder to get a number to make for the coins. The number now in inventory may be what they ultimately strike and sell, which it appears to be 7000 total coins, and not 10,000.
BTW this isn't the only product that they have done this with, other products listed have unrealistic inventory that doesn't exist. 10k was a best case scenario here, and now they have far less demand.
The Batman and Wonder Woman could also be struck to 7000 gold, we will find out soon enough.
Of coarse I could be wrong and they did strike 10k gold for superman, and will be selling coins well into next year and possibly longer.
Years ago there were products that were listed early in the year that they did an initial strike for, and then they would make more later on to fill backorders with one final strike. I doubt they can do that with these since they are being offered late in the year. This is why sometimes the lowest mintage products happen late in the year, when they cannot do a second strike for the additional demand.
You're not wrong. They have not struck any yet. If they had, they would have shipped them.
But unlike other products, they absolutely WILL strike 10K if they can sell that many. 10K were made available for sale on release day, and the 1252 represents the remaining unsold number from that day. In the meantime, so many have been cancelled that the latest sales report shows 5680 sold. Those cancellations have clearly not been added back to ATS.
They have a licensing deal with DC to make and sell up to 10K. They contractually cannot do with DC that they do with me, and choose to arbitrarily short strike. Unless, of course, they would want to pay DC the licensing fee on the unmade coins that they arbitrarily chose to not take orders for. Highly unlikely they would do that just to protect your secondary market value.
I was pretty good in math in the first grade. 10,000 - 5,680 = 4,320. They actually have 4,320 available for sale. With no HHL.
ATS = 1252. ATS is BS. If you call them up and tell them you want 4,320, and have the ability to pay for 4,320, they will happily take your order for 4,320.
These gold coins are DOA now. Nobody is going to buy up more than a thousand more in total, and those sales will trickle in over a year or so. These are essentially gold commemoratives, and sell as such. Gold commemoratives have a big burst, then die off and sales trickle in at about 50 a month.
Why would anyone buy up the remaining inventory of possible 10k coins when they can never sell them for a profit? Coin dealers have been burned too many times on commemoratives to do this.
This is a 7k coin, batman and wonder woman 7k, then next year the mint floods us for 250th anniversary and sales drop off to 5k at most. The final year down to 3 to 4k.
Comments
I just did the smae. cancelled and reorder for the cheaper one. I also ordered a Sacagawea gold.
Gold up over $60 this morning 😮
Gonna have to go up quite a bit more to recoup the premium on the Superman
I think it's still down since Suoermam was released. Lol
All comments reflect the opinion of the author, even when irrefutably accurate.
Just found this thread at the bottom of page 3.....no posts since August 1st.
Kinda sad that the Mint saturated the market with this Superman issue......10k mintage
Guess their objective was to set a high bar and hope enough Superman lovers would pull the trigger.
Hard to get excited over an extremely overpriced comic book gold coin that will probably never be a sellout.
ATS: 1802
1,801
For sure. What's even more surprising, at least to me, is the lack of interest in 25K 2.5 ounce silver medals.
Superman is a classic, still popular superhero, and the design is attractive. So the lack of interest in this one indicates the entire program is going to be a bust. It didn't attract the youngsters the Mint was hoping for, while the old timers predictably had no interest in seeing the US Mint become the Perth Mint, or the Franklin Mint.
Too bad, so sad. Now at least they see there is a limit to what people will pay. And it apparently is something less than a $2,000 per ounce premium to a $3,400 spot metal price for something with a 10K mintage. Good for all of us to know. Too bad it was discovered on DC Comics' dime.
Excellent summation of the Mint's Comic Art Coin & Medal Program.
Like many here on the forum, I had high hopes for the program.
Only the U.S. Mint could take a great concept and crush it in a very short period of time.
edited to add: 1793 remaining
These products have officially bombed:
"In the latest update, the gold coin fell by 221 to 5,925, the 2.5-ounce silver medal rose by 163 to 11,927, and the 1-ounce silver medal dropped by 14,229 to 15,999."
Does that include dealers?
If so, and with 1800 available, I would indicate 8000 mintage ?
It is possible they only did 8000 initially to gauge the market, and if they don't sell out by Oct then that is all they will make.
Look at some other gold commems. I think the are doing okay. It isn't mandatory that everything sell out. Ideally, for the Mint, they shouldn't sell out. That could mean sales haven't been maximized.
All comments reflect the opinion of the author, even when irrefutably accurate.
I’m in sales, sellouts are a good thing for both parties: How are slow sales maximizing profits?
So far, this program is a far, far cry from being a bomb. Their Dynamic Pricing Structure has been accepted, and is a success for the Mint.
Why is it that when a product doesn't sell out the first hour or day, that it's automatically considered a failure?
Lol.
These should do well over the holidays if still available.
If you Mint 10,000 and they sell out but there is actual demand for 20,000, how did you maximize profits?
What kind of sales are you in? I'm pretty sure Kraft doesn't cut off the supply of macaroni and cheese to maximize sales.
You don't want to Mint 20,000 and only sell 10,000 but that's not what I said.
They sold more Superman gold than Jackie Robinson (6100+ vs 5700+). Isn't that more successful?
They only sold 1945 of the V75 gold. Instant sell out. Isn't this coin (at a higher price) more successful for the Mint by a factor of at least 3?
What's more successful for the Mint? They sold out 100,000 Army Privy but sold 400,000 regular 2024 proof silver eagles against an "unlimited" mintage.
All comments reflect the opinion of the author, even when irrefutably accurate.
I just canceled my order. I ordered it on day one. The longer it stayed on back order the more I was thinking maybe I don’t need it. Today was the day I acted on that sentament.
No, but I would have if the motto: "Truth, Justice, and the American Way" had been engraved on the medal.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
1793
100 sold in the past three days.
edited to add: I meant to post 1693, not 1793.....sorry about that.
Took a quick look and currently 1692 remain.
It may sell out yet
All comments reflect the opinion of the author, even when irrefutably accurate.
I'm feeling it.
Talked to customer service yesterday at 9AM to cancel my order. She told me they still have 5900 in stock.
When the American Eagle program first started, it made sense to buy American Eagles because they were reasonably-priced with only a small premium over the spot price of gold. If you wanted to accumulate gold, it made much more sense to buy AGEs than to buy the classic gold coins - all of which had much higher premiums as collectibles.
The Mint has now morphed into an out-of-control Franklin Mint or Paris Mint that mostly sells a plethora of shiny objects at exorbitant markups. It's fine if you collect Hummels, Swiss watches or Rolls Royce's and have the money to do that, but most of the Mint's offerings are simply diluting the pool of money reserved for coin collecting in a significant way.
It may not happen soon, but after the prices of gold & silver reach a (much higher) plateau, I predict that the market for these types of gimmicky issues will shrink to the point that the Mint will lose money on every single one of them and that they will take there rightful place as overpriced bullion pieces as they head to the smelter.
I knew it would happen.
I wouldn't go that far that they are becoming the franklin mint.
A good deal of the over the skis issuances are congress mandated, that won't change.
The Mint has developed some interesting numismatic related items like the flowing hair and privy ASEs that are actually I believe pulling in potential newbs to the hobby. A net positive any way you look at current mint marketing strategy.
Just checked online store...guess they will add the extra inventory at a 'convenient' time.
ats: 1660
On the other hand, the 1986 proof AGE had a mintage of 446,290, while the 2025 version, at its exorbitant premium, is capped at 17,500. So, you get what you pay for.
Back in the day, they had modest premiums and unlimited mintages. That is no longer the case. The Mint sells bullion through authorized dealers at the premiums you seek. Which are still far lower than the percentage premium nearly half a million proof AGEs were sold for in 1986. Numismatic gold in 2025 is not what it was 40 years ago. Either with respect to mintage or pricing.
Which does not make the US Mint the Franklin Mint. Other than, perhaps, with respect to things like superhero coins.
No, today there is a sophistication regarding what collectors want, and what they are willing to pay, that did not exist 40 years ago. Production below demand in order to support secondary market premiums. And people are willing to pay for that.
Numismatic gold was never meant for stackers. Pricing it at a small premium to spot only creates more excess profit for flippers. The Mint has gotten pretty good at capturing the vast majority of that profit for itself the past few years. Honestly nothing wrong with that. At least from the taxpayers' point of view.
Or, there is a disconnect somewhere. While we have certainly seen the Mint randomly adding inventory at odd times, there is absolutely no reason to think a random rep in a random call center is seeing anything other than what we can see, or can sell anything we cannot buy on the website, since they should both be pulling inventory from the exact same place.
Right here, right now, I don't believe they have sold 8340. But I also don't believe a customer service rep can actually see 5900 while we are seeing 1660. Because if the missing 4240 cannot be bought on the web, I am 99.99% sure that rep would not have them available to sell, assuming there is no limit to how many can be sold in a single order over the phone.
the mint rep was likely looking at the american liberty stock which was 5900 yesterday and currently 5885
Latest numbers: Gold numbers fell, 2 1/2 flat, 1 ounce up over a thousand.
I canceled all 3. My Sacagawea shipped today. Saving $ for next years 250th coins.
1599 remaining.
it's time for some bully to buy all the gold!!
With all due respect, I think this number is highly misleading. If you'll recall, the ATS counter steadily counted Army privies down to zero, only to have several thousand reappear as soon as it happened. Several times before they finally lifted the HHL and had an actual sell out.
Based on the latest sales report, that will almost certainly happen here as well. Intuition and common sense indicates this is far from selling out. The latest sales report confirms this -- 5,724 sold through August 10th. Nowhere near 8,400.
This strongly implies there is an additional 2,500 or so waiting in the wings, likely from cancellations, that will be reloaded into inventory at some point in the future. The alternative would be that these coins have been sold in the last 3 days. I'd make a large wager against that if anyone is interested.
oh dear.
now countdowns are questioned?
argue with the website about the misinformation
Did they start with all coins loaded?
A countdown of those available isn't the same as a count up with the number sold of the full mintage want "ats".
Then again, sales of the army still show over 100,000 sold so who knows anymore.
All comments reflect the opinion of the author, even when irrefutably accurate.
The mint has learned as sell out draws near sales increase . Lying is way to get the results you want. 😱
Well, yeah. When non-public code is being deciphered to arrive at a sales figure that wildly diverges from official publicly reported sales figures, I'm going with the countdown not being accurate, based on what we observed with a recent coin that was "sold out" multiple times based on the countdown, only to have the countdown clock be reset repeatedly before final sell out.
So, yeah, I am now questioning the countdown. Not arguing with anyone about any misinformation, because that ATS figure we discovered is not being used by us for its intended purpose, so there is no representation by anyone, other than, apparently, you, regarding its accuracy.
It's nothing more than tool used by the Mint to manage its inventory. Not meant to be a barometer of actual sales. Because it was recently shown to be anything but, as the Mint was constantly adjusting it to account for canceled sales.
Same will happen here. I guarantee it. This is nowhere near sell out. It will likely never sell out.
They actually did not start with all coins loaded. As you might recall, they only loaded around half up front. Those sold out in less than 2 hours, after which the remaining 5K were loaded.
The real key here is what happened with the Army privies, when the count repeatedly went to zero, and was repeatedly replenished. Evidencing that all canceled orders were not added back on a real time basis, but only periodically as needed to keep the item on sale.
Here, we know for a fact there is very limited interest, due to the price as well as the fact that there is no sell out even after the HHL was lifted. No reason to think the sales report is wrong, and that there are not around 2500 cancellations waiting in the wings to be added back to the ATS count at some point in the future. Or that 2500 sold between the cut off for the report on Sunday and @Goldbully's post yesterday.
Since Wednesday, August 13th..........93 gold Supermans sold.
ats: 1506
Since Sunday, August 17th...................254 gold Supermans sold.
Currently on pre-order.
The expected in-stock date is Fri Sep 19 2025
ats: 1252
It looks like another 44 buyers jumped ship.
Based on this, ATS of 1252 is total BS. They are apparently counting down sales without adding back cancellations.
No, it may not be since it is still on preorder. Ship date is Sept. 19, and by that time they will have lowered expectations based on sales.
They had earlier hoped to take preorders for 10k since that is the mintage limit, but now they see far fewer sales will happen, so have probably adjusted down the total number of coins being produced.
So have they struck the planned 10k mintage for gold?
I doubt they did and they may have done the early preorder to get a number to make for the coins. The number now in inventory may be what they ultimately strike and sell, which it appears to be 7000 total coins, and not 10,000.
BTW this isn't the only product that they have done this with, other products listed have unrealistic inventory that doesn't exist. 10k was a best case scenario here, and now they have far less demand.
The Batman and Wonder Woman could also be struck to 7000 gold, we will find out soon enough.
Of coarse I could be wrong and they did strike 10k gold for superman, and will be selling coins well into next year and possibly longer.
Years ago there were products that were listed early in the year that they did an initial strike for, and then they would make more later on to fill backorders with one final strike. I doubt they can do that with these since they are being offered late in the year. This is why sometimes the lowest mintage products happen late in the year, when they cannot do a second strike for the additional demand.
it starts with ;: Based on this, ATS of 1252 is total BS
moves to this ;: ATS of 1252 is total BS
then finishes ;: ATS is total BS
You can't buy 1253 of them, so 1252 "available to sell" and "available to buy" is 100%: accurate.
@MsMorrisine has actually broken with his normal practice to actually quote @NJCoin . He should be honored.
All comments reflect the opinion of the author, even when irrefutably accurate.
You're not wrong. They have not struck any yet. If they had, they would have shipped them.
But unlike other products, they absolutely WILL strike 10K if they can sell that many. 10K were made available for sale on release day, and the 1252 represents the remaining unsold number from that day. In the meantime, so many have been cancelled that the latest sales report shows 5680 sold. Those cancellations have clearly not been added back to ATS.
They have a licensing deal with DC to make and sell up to 10K. They contractually cannot do with DC that they do with me, and choose to arbitrarily short strike. Unless, of course, they would want to pay DC the licensing fee on the unmade coins that they arbitrarily chose to not take orders for. Highly unlikely they would do that just to protect your secondary market value.
I was pretty good in math in the first grade. 10,000 - 5,680 = 4,320. They actually have 4,320 available for sale. With no HHL.
ATS = 1252. ATS is BS. If you call them up and tell them you want 4,320, and have the ability to pay for 4,320, they will happily take your order for 4,320.
These gold coins are DOA now. Nobody is going to buy up more than a thousand more in total, and those sales will trickle in over a year or so. These are essentially gold commemoratives, and sell as such. Gold commemoratives have a big burst, then die off and sales trickle in at about 50 a month.
Why would anyone buy up the remaining inventory of possible 10k coins when they can never sell them for a profit? Coin dealers have been burned too many times on commemoratives to do this.
This is a 7k coin, batman and wonder woman 7k, then next year the mint floods us for 250th anniversary and sales drop off to 5k at most. The final year down to 3 to 4k.
Latest sales show a few hundred in sales down the line among all three.
ats: 1,065