“if you missed the chance to buy from the US Mint, you can a buy a sunflower w/Box & COA from APMEX for $6,295!”
A dealer the other day was offering up to 2,000 fresh coins for $50 back of current US Mint sales price. You want to “play with the big boys” - buy 500-1,000 coins right now UNDER current Mint issue price and have some fun. Money talks… this is the real market level. I personally had 0 interest buying the coins this week slightly back of US Mint current sales level. I might have felt differently at original Mint asking price on Day 1. For me- Too many other opportunities right now to get a better return with the dough.
Just my 2 cents.
Wondercoin.
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
@wondercoin said:
“if you missed the chance to buy from the US Mint, you can a buy a sunflower w/Box & COA from APMEX for $6,295!”
A dealer the other day was offering up to 2,000 fresh coins for $50 back of current US Mint sales price. You want to “play with the big boys” - buy 500-1,000 coins right now UNDER current Mint issue price and have some fun. Money talks… this is the real market level. I personally had 0 interest buying the coins this week slightly back of US Mint current sales level. I might have felt differently at original Mint asking price on Day 1. For me- Too many other opportunities right now to get a better return with the dough.
Just my 2 cents.
Wondercoin.
But...but...but...dealer shenanigans, i'm told, make it impossible to "play with a big boys". There are conspiracies everywhere.
All comments reflect the opinion of the author, even when irrefutably accurate.
@wondercoin said:
“if you missed the chance to buy from the US Mint, you can a buy a sunflower w/Box & COA from APMEX for $6,295!”
A dealer the other day was offering up to 2,000 fresh coins for $50 back of current US Mint sales price. You want to “play with the big boys” - buy 500-1,000 coins right now UNDER current Mint issue price and have some fun. Money talks… this is the real market level. I personally had 0 interest buying the coins this week slightly back of US Mint current sales level. I might have felt differently at original Mint asking price on Day 1. For me- Too many other opportunities right now to get a better return with the dough.
Just my 2 cents.
Wondercoin.
But...but...but...dealer shenanigans, i'm told, make it impossible to "play with a big boys". There are conspiracies everywhere.
Yup. And I wouldn't have too much trouble whipping up another one here.
The additional 4K were dumped by the Mint exactly one week ago. Did someone actually grab them just to flip them to other dealers for $50 back of current US Mint price, which I think is unchanged from the week before? Or are these not "fresh coins" at all, but rather, an accumulation of several dealers' rejects? Or are they pure fiction?
Sorry, and I know @wondercoin is a beloved and reputable member here, but I'm not buying that someone legit grabbed 17% of the total mintage that sold out pretty much instantly, representing literally a full half of last week's release, just to dump them less than one week later for $50 back of where they were snapped up a week ago, while they can still easily be retailed on eBay for $600 more, and close to $1,000 above that in a 70.
So, all stories about Big Boys getting privileges we don't enjoy because they take great risks with great sums of money aside, I'm calling BS on half the "fresh coins" that were gobbled up last week being wholesaled at a discount less than a week later, with no takers. The coins @wondercoin describes are either not "fresh" or don't even exist.
Because they'd be returned to the Mint at no loss this quickly if this was truly a case of buyer's remorse because dealers see the retail market for these fading. We've seen it before, where thousands upon thousands of coins are mysteriously subtracted from a sales report.
This story is just meant to shut us up, because we don't understand that Big Boys are American heroes who take great risks, and therefore deserve great rewards when they disproportionately rip guaranteed flips away from retail buyers. And now there is a myth that someone is stuck, a week after they grabbed them, when all indications are that these will be winners.
Basically, an anti-conspiracy theory, accepted without question by the one person here who seemingly questions everything. 🤣
NjCoin: You are in very treacherous waters suggesting what I post here isn’t accurate. You truly lose All credibility. I might suggest you consider a different angle for your continued attacks on the Mint armed with (and embracing) the information I provided. 😉
Wondercoin.
Edited to add- the offering as of last night: (2000 COINS TOTAL @ $4550)...US MINT COST IS $4615 CURRENTLY THIS IS $65 UNDER MINT COST
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
The mint must have new employees that aren't handling sales the way it used to be done. That is probably the most likely explanation. The mint needs to understand that all the buyers show up at release time, and that is the time to sell all the coins. Not partial sales, and dribbles of coins later.
12k is not a lot of coins compared to SE sales.
Was the mint worried that they could only sell 8k of these? Maybe
That could explain why they only took 8k and then said "woa, strike all of them"
@wondercoin said:
NjCoin: You are in very treacherous waters suggesting what I post here isn’t accurate. You truly lose All credibility. I might suggest you consider a different angle for your continued attacks on the Mint armed with (and embracing) the information I provided. 😉
Wondercoin.
Edited to add- the offering as of last night: (2000 COINS TOTAL @ $4550)...US MINT COST IS $4615 CURRENTLY THIS IS $65 UNDER MINT COST
I stand by what I said. I don't believe anyone tied up $9.2 million just to get buyer's remorse and to try to dump them at a $130,000 loss after a week.
Or, given where retail is for raw and 70s, that they wouldn't be snapped up almost immediately by other dealers. These are sold out at the Mint, and likely would be again if the 2K were returned.
No reason for anyone to take a $130K haircut to get out of them. Maybe they are counterfeit.
I honestly don't care what you say about my credibility. Something does not sound right about this, and you are responsible for spreading it here.
@HalfDime said:
The mint must have new employees that aren't handling sales the way it used to be done. That is probably the most likely explanation. The mint needs to understand that all the buyers show up at release time, and that is the time to sell all the coins. Not partial sales, and dribbles of coins later.
12k is not a lot of coins compared to SE sales.
Was the mint worried that they could only sell 8k of these? Maybe
That could explain why they only took 8k and then said "woa, strike all of them"
Again, that has happened many times in the past. The next step after sell out is accepting Back Orders. Not pausing sales for a few weeks, and then resuming them without warning. Whatever that is, it is not SOP.
@NJCoin said:
Again, that has happened many times in the past. The next step after sell out is accepting Back Orders. Not pausing sales for a few weeks, and then resuming them without warning. Whatever that is, it is not SOP.
They didn't take backorders on the 4k for the last amount. It went blank.
@wondercoin said:
NjCoin- use your brain. I can theorize numerous situations where this makes perfect sense.
By the way, this lot has been available for around 2 days now.
Wondercoin
Such as? With a quick sell out? Where an additional 4K coins just dropped a week ago, they are still sold out, and they are still selling for significant premiums to the Mint price at retail?
Is the seller someone known and reputable? The fact that it has been available with no takers for 2 days says something to me, and not that the $5250 completed eBay sale today by a reputable seller with 100% positive feedback on over 6K transactions is fiction.
I have also theorized a situation where it makes sense. The coins are not fresh, and might not even be real. Or genuine.
Not that someone with the financial wherewithal to tie up over $9 million in them panicked after a few days, and can't either return them or flip them quietly, at no loss, without you coming here to tell us how dealers are heroes who take huge financial risks on slam dunk flips, and so deserve to take coins in quantity from retail buyers. I actually hope someone got stuck trying to game this, but I seriously doubt that happened here.
@NJCoin said:
Again, that has happened many times in the past. The next step after sell out is accepting Back Orders. Not pausing sales for a few weeks, and then resuming them without warning. Whatever that is, it is not SOP.
They didn't take backorders on the 4k for the last amount. It went blank.
I know. What I'm saying is that SOP would be, if they truly only initially made 8K because they questioned demand, they would have placed the remaining 4K on Back Order on the day of release, after the 3 hour sell out of the initial 8K, with a HHL of 1.
They didn't. They just quietly made them and placed them on sale a few weeks later. With no HHL.
Not SOP. Although admittedly, nowadays, with all the games and lack of transparency, there is no more SOP.
@NJCoin said:
Not SOP. Although admittedly, nowadays, with all the games and lack of transparency, there is no more SOP.
The mint could have released the last 4k with a HHL of 1 and didn't. They would probably say they should have. It happens. We can't have it both ways, just like they put in the privy coins among the flowing hair silver medals. They could have sold those for a lot more alone than they got. It was a gift to buyers and bulk buyers that followed the mint and took advantage of how they released them. It's the same here.
Some here got multiples of this coin and are happy they have them That is what matters in the end, not those that missed out. Next year there will be many coins due to the 250th anniversary, and I would bet it will be the same confusion with those.
Just some additional numbers for the fire. 460 were sold on PURE 5 days ago for $4,442/ea. Original USM Bulk price was $4,478 and the ones they sold 9/12 were $4,565.
@wondercoin said:
Is the seller someone known and reputable?
I certainly think so. And the physical delivery of the coins is about as safe as it could ever be orchestrated by any of us.
Wondercoin
Okay. So maybe the account was hacked. Otherwise, what are your "numerous situations where this makes perfect sense" for someone who literally just took down a full half of what the Mint put up for sale a week ago? Denying hundreds or thousands of people the opportunity to buy them one at a time.
Again, I would simply love, love, love for someone to actually be stuck if that actually happened, with the Mint not accepting returns. I just would find that very, very difficult to believe, given how the Mint could easily resell them AND take care of a Big Boy, if this is actually the case.
And, if this seller is just testing the water before returning them to the Mint, then whatever point you were trying to make is false, and these guys ARE actually playing a game that is rigged against retail, where they cannot lose, even when they bet wrong.
Just some additional numbers for the fire. 460 were sold on PURE 5 days ago for $4,442/ea. Original USM Bulk price was $4,478 and the ones they sold 9/12 were $4,565.
How very interesting. Don’t tell NJCoin!! 😉
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
I didn’t know I was trying to make any point here. I simply reported on an interesting offering that I thought some board members might also find interesting. Obviously NJCoin does not find this fact interesting at all. That’s ok too.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
@wondercoin said:
whatever point you were trying to make is false,
I didn’t know I was trying to make any point here. I simply reported on an interesting offering that I thought some board members might also find interesting. Obviously NJCoin does not find this fact interesting at all. That’s ok too.
Wondercoin
He doesn't find many facts interesting, unless they support or can be twisted to support his most recent wild conjecture. However, he may have hit a new low by questioning YOUR credibility.
Smh...
All comments reflect the opinion of the author, even when irrefutably accurate.
@wondercoin said:
Just some additional numbers for the fire. 460 were sold on PURE 5 days ago for $4,442/ea. Original USM Bulk price was $4,478 and the ones they sold 9/12 were $4,565.
How very interesting. Don’t tell NJCoin!! 😉
Wondercoin
So, you're saying that PURE posts fake sales to move the market...
[End sarcasm]
All comments reflect the opinion of the author, even when irrefutably accurate.
@wondercoin said:
Is the seller someone known and reputable?
I certainly think so. And the physical delivery of the coins is about as safe as it could ever be orchestrated by any of us.
Wondercoin
Okay. So maybe the account was hacked. Otherwise, what are your "numerous situations where this makes perfect sense" for someone who literally just took down a full half of what the Mint put up for sale a week ago? Denying hundreds or thousands of people the opportunity to buy them one at a time.
Again, I would simply love, love, love for someone to actually be stuck if that actually happened, with the Mint not accepting returns. I just would find that very, very difficult to believe, given how the Mint could easily resell them AND take care of a Big Boy, if this is actually the case.
And, if this seller is just testing the water before returning them to the Mint, then whatever point you were trying to make is false, and these guys ARE actually playing a game that is rigged against retail, where they cannot lose, even when they bet wrong.
All comments reflect the opinion of the author, even when irrefutably accurate.
Comments
Who would do that?
All comments reflect the opinion of the author, even when irrefutably accurate.
Great deal! That's what we get when USM and big boys played something under table.
Actually, they are out of stock!
Or maybe that's what you get when you don't buy it when you had the chance.
Or that's what we get when people continue to spin wild allegations without evidence.
All comments reflect the opinion of the author, even when irrefutably accurate.
eBay has a bunch of PF70 graded available for $6000 from reputable sellers.
“if you missed the chance to buy from the US Mint, you can a buy a sunflower w/Box & COA from APMEX for $6,295!”
A dealer the other day was offering up to 2,000 fresh coins for $50 back of current US Mint sales price. You want to “play with the big boys” - buy 500-1,000 coins right now UNDER current Mint issue price and have some fun. Money talks… this is the real market level. I personally had 0 interest buying the coins this week slightly back of US Mint current sales level. I might have felt differently at original Mint asking price on Day 1. For me- Too many other opportunities right now to get a better return with the dough.
Just my 2 cents.
Wondercoin.
Wild spin on the swirl 🤔 MHO
The sunflower is beautiful though!
But...but...but...dealer shenanigans, i'm told, make it impossible to "play with a big boys". There are conspiracies everywhere.
All comments reflect the opinion of the author, even when irrefutably accurate.
Yup. And I wouldn't have too much trouble whipping up another one here.
The additional 4K were dumped by the Mint exactly one week ago. Did someone actually grab them just to flip them to other dealers for $50 back of current US Mint price, which I think is unchanged from the week before? Or are these not "fresh coins" at all, but rather, an accumulation of several dealers' rejects? Or are they pure fiction?
Sorry, and I know @wondercoin is a beloved and reputable member here, but I'm not buying that someone legit grabbed 17% of the total mintage that sold out pretty much instantly, representing literally a full half of last week's release, just to dump them less than one week later for $50 back of where they were snapped up a week ago, while they can still easily be retailed on eBay for $600 more, and close to $1,000 above that in a 70.
So, all stories about Big Boys getting privileges we don't enjoy because they take great risks with great sums of money aside, I'm calling BS on half the "fresh coins" that were gobbled up last week being wholesaled at a discount less than a week later, with no takers. The coins @wondercoin describes are either not "fresh" or don't even exist.
Because they'd be returned to the Mint at no loss this quickly if this was truly a case of buyer's remorse because dealers see the retail market for these fading. We've seen it before, where thousands upon thousands of coins are mysteriously subtracted from a sales report.
This story is just meant to shut us up, because we don't understand that Big Boys are American heroes who take great risks, and therefore deserve great rewards when they disproportionately rip guaranteed flips away from retail buyers. And now there is a myth that someone is stuck, a week after they grabbed them, when all indications are that these will be winners.
Basically, an anti-conspiracy theory, accepted without question by the one person here who seemingly questions everything. 🤣
NjCoin: You are in very treacherous waters suggesting what I post here isn’t accurate. You truly lose All credibility. I might suggest you consider a different angle for your continued attacks on the Mint armed with (and embracing) the information I provided. 😉
Wondercoin.
Edited to add- the offering as of last night: (2000 COINS TOTAL @ $4550)...US MINT COST IS $4615 CURRENTLY THIS IS $65 UNDER MINT COST
The mint must have new employees that aren't handling sales the way it used to be done. That is probably the most likely explanation. The mint needs to understand that all the buyers show up at release time, and that is the time to sell all the coins. Not partial sales, and dribbles of coins later.
12k is not a lot of coins compared to SE sales.
Was the mint worried that they could only sell 8k of these? Maybe
That could explain why they only took 8k and then said "woa, strike all of them"
I stand by what I said. I don't believe anyone tied up $9.2 million just to get buyer's remorse and to try to dump them at a $130,000 loss after a week.
Or, given where retail is for raw and 70s, that they wouldn't be snapped up almost immediately by other dealers. These are sold out at the Mint, and likely would be again if the 2K were returned.
No reason for anyone to take a $130K haircut to get out of them. Maybe they are counterfeit.
I honestly don't care what you say about my credibility. Something does not sound right about this, and you are responsible for spreading it here.
Again, that has happened many times in the past. The next step after sell out is accepting Back Orders. Not pausing sales for a few weeks, and then resuming them without warning. Whatever that is, it is not SOP.
They didn't take backorders on the 4k for the last amount. It went blank.
NjCoin- use your brain. I can theorize numerous situations where this makes perfect sense.
By the way, this lot has been available for around 2 days now.
Wondercoin
Such as? With a quick sell out? Where an additional 4K coins just dropped a week ago, they are still sold out, and they are still selling for significant premiums to the Mint price at retail?
Is the seller someone known and reputable? The fact that it has been available with no takers for 2 days says something to me, and not that the $5250 completed eBay sale today by a reputable seller with 100% positive feedback on over 6K transactions is fiction.
I have also theorized a situation where it makes sense. The coins are not fresh, and might not even be real. Or genuine.
Not that someone with the financial wherewithal to tie up over $9 million in them panicked after a few days, and can't either return them or flip them quietly, at no loss, without you coming here to tell us how dealers are heroes who take huge financial risks on slam dunk flips, and so deserve to take coins in quantity from retail buyers. I actually hope someone got stuck trying to game this, but I seriously doubt that happened here.
I know. What I'm saying is that SOP would be, if they truly only initially made 8K because they questioned demand, they would have placed the remaining 4K on Back Order on the day of release, after the 3 hour sell out of the initial 8K, with a HHL of 1.
They didn't. They just quietly made them and placed them on sale a few weeks later. With no HHL.
Not SOP. Although admittedly, nowadays, with all the games and lack of transparency, there is no more SOP.
The mint could have released the last 4k with a HHL of 1 and didn't. They would probably say they should have. It happens. We can't have it both ways, just like they put in the privy coins among the flowing hair silver medals. They could have sold those for a lot more alone than they got. It was a gift to buyers and bulk buyers that followed the mint and took advantage of how they released them. It's the same here.
Some here got multiples of this coin and are happy they have them That is what matters in the end, not those that missed out. Next year there will be many coins due to the 250th anniversary, and I would bet it will be the same confusion with those.
Is the seller someone known and reputable?
I certainly think so. And the physical delivery of the coins is about as safe as it could ever be orchestrated by any of us.
Wondercoin
Just some additional numbers for the fire. 460 were sold on PURE 5 days ago for $4,442/ea. Original USM Bulk price was $4,478 and the ones they sold 9/12 were $4,565.
Okay. So maybe the account was hacked. Otherwise, what are your "numerous situations where this makes perfect sense" for someone who literally just took down a full half of what the Mint put up for sale a week ago? Denying hundreds or thousands of people the opportunity to buy them one at a time.
Again, I would simply love, love, love for someone to actually be stuck if that actually happened, with the Mint not accepting returns. I just would find that very, very difficult to believe, given how the Mint could easily resell them AND take care of a Big Boy, if this is actually the case.
And, if this seller is just testing the water before returning them to the Mint, then whatever point you were trying to make is false, and these guys ARE actually playing a game that is rigged against retail, where they cannot lose, even when they bet wrong.
Just some additional numbers for the fire. 460 were sold on PURE 5 days ago for $4,442/ea. Original USM Bulk price was $4,478 and the ones they sold 9/12 were $4,565.
How very interesting. Don’t tell NJCoin!! 😉
Wondercoin
whatever point you were trying to make is false,
I didn’t know I was trying to make any point here. I simply reported on an interesting offering that I thought some board members might also find interesting. Obviously NJCoin does not find this fact interesting at all. That’s ok too.
Wondercoin
now we know that 2,000 is way too hard to move in a lot
even at 100 per that's 20 dealers trying to move them
this is a huge oops
He doesn't find many facts interesting, unless they support or can be twisted to support his most recent wild conjecture. However, he may have hit a new low by questioning YOUR credibility.
Smh...
All comments reflect the opinion of the author, even when irrefutably accurate.
So, you're saying that PURE posts fake sales to move the market...
[End sarcasm]
All comments reflect the opinion of the author, even when irrefutably accurate.
All comments reflect the opinion of the author, even when irrefutably accurate.