@MsMorrisine said:
replacements are not guaranteed?
have to check them all twice
Not you. That notice went to dealers who received them through the ABPP program ahead of the release that was then postponed. Notice the deadline to return them.
Did I not state before that coins were for sale then pulled from website. ABPP buyers discovered quality issues and convinced the mint to do something about it. That caused presale change. 10,000 additional coins were held back for replacements for the ABPP as replacements. As I also stated all sales show up at some point in the ATS and this is the 10,000 that showed up and immediately disappeared during the 7:30 boot up. now comes the big questions. How many will be scrapped,? what will the final sold mintage be? How many orders will get cancelled? Stay tuned as there will be a lot of twists and turns as this all plays out.
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
So does this make them hot now that ABPP maybe returned a bunch? Sales on Pure have been stagnant.
It doesn't really change anything UNLESS the ABPP buyers have to/ want to go on the open market to get replacement. If Pure is stagnant, you already know the answer.
All comments reflect the opinion of the author, even when irrefutably accurate.
@HATTRICK said:
10,000 additional coins were held back for replacements for the ABPP as replacements. As I also stated all sales show up at some point in the ATS and this is the 10,000 that showed up and immediately disappeared during the 7:30 boot up.
Do you have info from the Mint about these 10k coins, or are you surmising this based on your earlier theory about the 10k sellout at 7:30? Genuinely asking.
So does this make them hot now that ABPP maybe returned a bunch? Sales on Pure have been stagnant.
One thing has nothing to do with the other. We have no idea what was returned, or whether what was returned will be replaced. They have not yet been released.
Either way, they were, have been, and will continue to be "hot" based on the demand for the other two. Sales on Pure have been stagnant because Pure sellers don't know what they are going to receive, and are embargoed from selling what they already have that has not been returned. These are "hot" now, and will only be more so if the final mintage ends up being significantly less than 100K.
I wouldn't worry about demand down the road, at least for awhile. You have multiple levels of demand from privy collectors, veterans and family members, ASE and semisesquicentennial collectors.
@HATTRICK said:
10,000 additional coins were held back for replacements for the ABPP as replacements. As I also stated all sales show up at some point in the ATS and this is the 10,000 that showed up and immediately disappeared during the 7:30 boot up.
Do you have info from the Mint about these 10k coins, or are you surmising this based on your earlier theory about the 10k sellout at 7:30? Genuinely asking.
Hey the last director of the mint started all of this.
Actually based on the likelihood that the mint letter said replacements would be available for the ABPP and that Quantity would have to appear then disappear in the ATS number. Again this is a qualified assumption based on known facts.
The actual sales, who received them and when can only be proved with a detailed sales register of all transactions which we will never see.
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
Comments
replacements are not guaranteed?
have to check them all twice
Not you. That notice went to dealers who received them through the ABPP program ahead of the release that was then postponed. Notice the deadline to return them.
didn't specify me
Did I not state before that coins were for sale then pulled from website. ABPP buyers discovered quality issues and convinced the mint to do something about it. That caused presale change. 10,000 additional coins were held back for replacements for the ABPP as replacements. As I also stated all sales show up at some point in the ATS and this is the 10,000 that showed up and immediately disappeared during the 7:30 boot up. now comes the big questions. How many will be scrapped,? what will the final sold mintage be? How many orders will get cancelled? Stay tuned as there will be a lot of twists and turns as this all plays out.
@jmlanzaf @NJCoin
So does this make them hot now that ABPP maybe returned a bunch? Sales on Pure have been stagnant.
Not hot.
V
V
V
V
V
V
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Ah what a tangled web the mint weaves
Please send me my GEM! THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
It doesn't really change anything UNLESS the ABPP buyers have to/ want to go on the open market to get replacement. If Pure is stagnant, you already know the answer.
All comments reflect the opinion of the author, even when irrefutably accurate.
Do you have info from the Mint about these 10k coins, or are you surmising this based on your earlier theory about the 10k sellout at 7:30? Genuinely asking.
these are as hot as the other 2
One thing has nothing to do with the other. We have no idea what was returned, or whether what was returned will be replaced. They have not yet been released.
Either way, they were, have been, and will continue to be "hot" based on the demand for the other two. Sales on Pure have been stagnant because Pure sellers don't know what they are going to receive, and are embargoed from selling what they already have that has not been returned. These are "hot" now, and will only be more so if the final mintage ends up being significantly less than 100K.
I wouldn't worry about demand down the road, at least for awhile. You have multiple levels of demand from privy collectors, veterans and family members, ASE and semisesquicentennial collectors.
Just another cover up mint story. Will the final release be explosive or a dud? LoL
Take your pick. Only my hairdresser knows for sure.
Hey the last director of the mint started all of this.
Actually based on the likelihood that the mint letter said replacements would be available for the ABPP and that Quantity would have to appear then disappear in the ATS number. Again this is a qualified assumption based on known facts.
The actual sales, who received them and when can only be proved with a detailed sales register of all transactions which we will never see.