@Nephasth said:
I was able to pick up a dozen dual date Westpoints, one or two at a time, clear up to mid April just by waking up 30 mins earlier than usual.
"You miss 100% of the shots you don't take."
And I didn't bother with any of them, knowing another 200K or so are coming down the pike.
And now that I've had my fill of 'em, I don't have to worry about checking on the next drop date, a new HHL being imposed on the remaining 200k, waiting room issues, and taking time out of an actual work day that makes money to try to grab a few more. More than one way to skin a cat, yours isn't best for everybody.
Agreed. But my point wasn't that I was waiting for the next drop. I was never interested at $173 with a mintage of 500K.
@pragmaticgoat said:
congratulation set available for about 2 seconds this AM
I saw the add to bag button light up but when i click on it to add to cart and then checkout, my cart will show empty. I assume because I am up against bots? I can't even button press fast enough to get a coin added to cart, makes no sense.
Yes, you're definitely up against bots. If you check sales activity at Collect Pure you can see transactions from people (or a person) who scored in bulk the past few days. The pros don't leave much behind.
I wonder how much discussion there will be, in the post-analysis of this release, about the decision to mint the issue in Philadelphia instead of West Point.
From a historical and marketing perspective, tying the release to Philadelphia and the entire 250-year celebration certainly made sense. However, looking at the grading reports so far — along with the apparent high number of PR69s being reported while many of the larger dealers seem to have submitted only their strongest coins for grading — it does raise questions about whether Philadelphia was the ideal minting location for a proof issue carrying this much collector sentiment and attention.
Fair or not, proof collectors tend to expect exceptionally high quality on special releases, and early grading results may ultimately become part of the long-term conversation surrounding this issue.
March 15, Latest sales show 40,064 for Congratulations.
As of March 22, the sales number shows 40,055.
As of March 29, the sales number shows 40,067.
As of April 5, the sales number shows 40,063.
As of April 12, the sales number shows 40,064.
As of April 20, the sales number shows 40,063.
As of April 26, the sales number shows 40,072.
As of May 3, the sales number shows 40,065.
@Goldbully said:
Here's my one and only coin back from PCGS...........As @NJCoin noted, the Philadelphia Mint not as up to snuff as West Point on the ASE's.
PR69DCAM First Strike
Latest Pop Report.......
Thank you for sharing your graded ASE ,Goldbully. Do you mind if I ask, what, in your mind, in retrospect, was the 'trait' that set back your ASE from being a proof 70? I am curious, because my raw sample from Feb. looks comparable to a random ASE proof 70 (PCGS) and it would be interesting to have more clues in case I decide to have it graded in the future.
Thanks!!
Golbully's ASE unfortunately was the victim of a small 'flake-strike' flaw/debris (for a lack of a better term) that is a 70 killer.
.
.
I've got one (a congrats) with a similar flaw/flake, but it's frosty, not brown, that has me hesitant to send in.
This Congrats ⇊ that I sent to CACG has another 70 killer - too much perimeter "haze-ring" going on imo (rt- click for zoom)...
.
@Goldbully said:
Here's my one and only coin back from PCGS...........As @NJCoin noted, the Philadelphia Mint not as up to snuff as West Point on the ASE's.
PR69DCAM First Strike
Latest Pop Report.......
Thank you for sharing your graded ASE ,Goldbully. Do you mind if I ask, what, in your mind, in retrospect, was the 'trait' that set back your ASE from being a proof 70? I am curious, because my raw sample from Feb. looks comparable to a random ASE proof 70 (PCGS) and it would be interesting to have more clues in case I decide to have it graded in the future.
Thanks!!
Please don't knock yourself out stressing over that. There are PLENTY of examples of professionals disagreeing with judgments regarding 69s and 70s, given how they are both basically perfect, and how little time the graders spend on each coin.
@mach19 said:
Some of these coins are selling for around $215.00 on the 'Bay.... Do you think this will be the norm ?
Until they start selling for less than $215
LOL .... So you think they will tank ?
I think that, like 99% of all Mint issues, the price is highest right after release. I don' t think it will drop to bullion value. However, I don't think that $215 is the bottom.
All comments reflect the opinion of the author, even when irrefutably accurate.
@Goldbully said:
Here's my one and only coin back from PCGS...........As @NJCoin noted, the Philadelphia Mint not as up to snuff as West Point on the ASE's.
PR69DCAM First Strike
Latest Pop Report.......
Thank you for sharing your graded ASE ,Goldbully. Do you mind if I ask, what, in your mind, in retrospect, was the 'trait' that set back your ASE from being a proof 70? I am curious, because my raw sample from Feb. looks comparable to a random ASE proof 70 (PCGS) and it would be interesting to have more clues in case I decide to have it graded in the future.
Thanks!!
Please don't knock yourself out stressing over that. There are PLENTY of examples of professionals disagreeing with judgments regarding 69s and 70s, given how they are both basically perfect, and how little time the graders spend on each coin.
No worries, point being that Rc5280's illustration was educational and succinct. Perfect response ! A 70 !!
I can’t remember the issue price of these things wasn’t it 175 or something so at 2:15 I guess I guess there’s some profit there doesn’t seem like very much to me but maybe that’s a lot of money to some folks.
@Coin Finder said:
I can’t remember the issue price of these things wasn’t it 175 or something so at 2:15 I guess I guess there’s some profit there doesn’t seem like very much to me but maybe that’s a lot of money to some folks.
Yes, $175 issue price. With fees and shipping they’re probably getting their money back basically.
@RichR said:
[I don' t think it will drop to bullion value. However, I don't think that $215 is the bottom.]
So are we saying that the relative low mintage for this issue by silver Eagle standards will be divorced from price?
It's hardly "divorced from price". Eagles with mintages of 150,000+ are basically bullion. $215 is 3x bullion. The 2020 V75 proof has a mintage of 75,000 and sells for $350 to $400. The Army privy silver eagle sells for $175 with a mintage of 100,000.
So, what's the "right price"? Somewhere between bullion and $450. Is the right comp the V75 or the Army privy? I don't know. But the price on these "hot issues" is usually highest right after release not months later. So, I can see it falling to $175 or so. I have one on eBay right now at $217.50 with no takers.
All comments reflect the opinion of the author, even when irrefutably accurate.
@Batman23 said:
March 15, Latest sales show 40,064 for Congratulations.
As of March 22, the sales number shows 40,055.
As of March 29, the sales number shows 40,067.
As of April 5, the sales number shows 40,063.
As of April 12, the sales number shows 40,064.
As of April 20, the sales number shows 40,063.
As of April 26, the sales number shows 40,072.
As of May 3, the sales number shows 40,065.
As of May 10, the sales number shows 59,060.
As of May 17, the sales number shows 59,615.
An interesting release of 555 coins during this last week. Are there 385 left to be had?
@Batman23 said:
March 15, Latest sales show 40,064 for Congratulations.
As of March 22, the sales number shows 40,055.
As of March 29, the sales number shows 40,067.
As of April 5, the sales number shows 40,063.
As of April 12, the sales number shows 40,064.
As of April 20, the sales number shows 40,063.
As of April 26, the sales number shows 40,072.
As of May 3, the sales number shows 40,065.
As of May 10, the sales number shows 59,060.
As of May 17, the sales number shows 59,615.
An interesting release of 555 coins during this last week. Are there 385 left to be had?
It may be a delay in payment processing not a release.
All comments reflect the opinion of the author, even when irrefutably accurate.
BST references: jdimmick;Gerard;wondercoin;claychaser;agentjim007;CCC2010;guitarwes;TAMU15;Zubie;mariner67;segoja;Smittys;kaz;CARDSANDCOINS;FadeToBlack; jrt103;tizofthe;bronze6827;mkman;Scootersdad;AllCoinsRule;coindeuce;dmarks;piecesofme; and many more
Comments
Agreed. But my point wasn't that I was waiting for the next drop. I was never interested at $173 with a mintage of 500K.
Yes, you're definitely up against bots. If you check sales activity at Collect Pure you can see transactions from people (or a person) who scored in bulk the past few days. The pros don't leave much behind.
OK...my order from last week just arrived. And I think I was pretty close to one of the first to order early that day.
And two more are arriving tomorrow via UPS so the HHL was either flexible or not strictly enforced.
I ordered 2 last Wednesday morning separately and one arrived yesterday, but other is still processing. Gotta love the inconsistency of the mint! 🤣
Another one of mine came today also,
Ebay is full of them for people that missed it, starting at $229,
resale prices are falling .....
Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager, blu62vette,
I wonder how much discussion there will be, in the post-analysis of this release, about the decision to mint the issue in Philadelphia instead of West Point.
From a historical and marketing perspective, tying the release to Philadelphia and the entire 250-year celebration certainly made sense. However, looking at the grading reports so far — along with the apparent high number of PR69s being reported while many of the larger dealers seem to have submitted only their strongest coins for grading — it does raise questions about whether Philadelphia was the ideal minting location for a proof issue carrying this much collector sentiment and attention.
Fair or not, proof collectors tend to expect exceptionally high quality on special releases, and early grading results may ultimately become part of the long-term conversation surrounding this issue.
BST references available on request
Here's my one and only coin back from PCGS...........As @NJCoin noted, the Philadelphia Mint not as up to snuff as West Point on the ASE's.
PR69DCAM First Strike
Latest Pop Report.......
March 15, Latest sales show 40,064 for Congratulations.
As of March 22, the sales number shows 40,055.
As of March 29, the sales number shows 40,067.
As of April 5, the sales number shows 40,063.
As of April 12, the sales number shows 40,064.
As of April 20, the sales number shows 40,063.
As of April 26, the sales number shows 40,072.
As of May 3, the sales number shows 40,065.
As of May 10, the sales number shows 59,060.
Interesting, where are the last remaining 940 being hid?
My guess would be divided between mint gift shops and what they plan on bringing to shows to sell.
Thank you for sharing your graded ASE ,Goldbully. Do you mind if I ask, what, in your mind, in retrospect, was the 'trait' that set back your ASE from being a proof 70? I am curious, because my raw sample from Feb. looks comparable to a random ASE proof 70 (PCGS) and it would be interesting to have more clues in case I decide to have it graded in the future.
Thanks!!
Golbully's ASE unfortunately was the victim of a small 'flake-strike' flaw/debris (for a lack of a better term) that is a 70 killer.
.
.
I've got one (a congrats) with a similar flaw/flake, but it's frosty, not brown, that has me hesitant to send in.
This Congrats ⇊ that I sent to CACG has another 70 killer - too much perimeter "haze-ring" going on imo (rt- click for zoom)...
.
Please don't knock yourself out stressing over that. There are PLENTY of examples of professionals disagreeing with judgments regarding 69s and 70s, given how they are both basically perfect, and how little time the graders spend on each coin.
Some of these coins are selling for around $215.00 on the 'Bay.... Do you think this will be the norm ?
Until they start selling for less than $215
All comments reflect the opinion of the author, even when irrefutably accurate.
LOL .... So you think they will tank ?
I think that, like 99% of all Mint issues, the price is highest right after release. I don' t think it will drop to bullion value. However, I don't think that $215 is the bottom.
All comments reflect the opinion of the author, even when irrefutably accurate.
[I don' t think it will drop to bullion value. However, I don't think that $215 is the bottom.]
So are we saying that the relative low mintage for this issue by silver Eagle standards will be divorced from price?
No worries, point being that Rc5280's illustration was educational and succinct. Perfect response ! A 70 !!
I can’t remember the issue price of these things wasn’t it 175 or something so at 2:15 I guess I guess there’s some profit there doesn’t seem like very much to me but maybe that’s a lot of money to some folks.
Yes, $175 issue price. With fees and shipping they’re probably getting their money back basically.
It's hardly "divorced from price". Eagles with mintages of 150,000+ are basically bullion. $215 is 3x bullion. The 2020 V75 proof has a mintage of 75,000 and sells for $350 to $400. The Army privy silver eagle sells for $175 with a mintage of 100,000.
So, what's the "right price"? Somewhere between bullion and $450. Is the right comp the V75 or the Army privy? I don't know. But the price on these "hot issues" is usually highest right after release not months later. So, I can see it falling to $175 or so. I have one on eBay right now at $217.50 with no takers.
All comments reflect the opinion of the author, even when irrefutably accurate.
As of May 10, the sales number shows 59,060.
As of May 17, the sales number shows 59,615.
An interesting release of 555 coins during this last week. Are there 385 left to be had?
It may be a delay in payment processing not a release.
All comments reflect the opinion of the author, even when irrefutably accurate.
picked up another one this AM
jdimmick;Gerard;wondercoin;claychaser;agentjim007;CCC2010;guitarwes;TAMU15;Zubie;mariner67;segoja;Smittys;kaz;CARDSANDCOINS;FadeToBlack;
jrt103;tizofthe;bronze6827;mkman;Scootersdad;AllCoinsRule;coindeuce;dmarks;piecesofme; and many more
Congratulations!