@mbr33 said:
It’ll be back as orders are cancelled. Sounds like there are buyers who don’t want them anymore and others who won’t want to wait for September. With everything else to come this year, you have to remember to leave $810 in space on your card for September since that’s when they’ll charge you.
Further issues may arise if gold drops and the Mint price sinks. Woukd you keep an $810 backorder at that point, or does the Mint adjust your backorder price since they didn’t ship you yet?
CC already charged for the BO.
It'll get pinged as a pending charge up front but will fall off till backorder is shipped.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@mbr33 said:
It’ll be back as orders are cancelled. Sounds like there are buyers who don’t want them anymore and others who won’t want to wait for September. With everything else to come this year, you have to remember to leave $810 in space on your card for September since that’s when they’ll charge you.
Further issues may arise if gold drops and the Mint price sinks. Woukd you keep an $810 backorder at that point, or does the Mint adjust your backorder price since they didn’t ship you yet?
CC already charged for the BO.
That’s an authorization. It’ll drop off in a few days and your money won’t be taken (or charged) until it actually ships out and tracking will be available. Had it happen multiple times.
@mbr33 said:
It’ll be back as orders are cancelled. Sounds like there are buyers who don’t want them anymore and others who won’t want to wait for September. With everything else to come this year, you have to remember to leave $810 in space on your card for September since that’s when they’ll charge you.
Further issues may arise if gold drops and the Mint price sinks. Woukd you keep an $810 backorder at that point, or does the Mint adjust your backorder price since they didn’t ship you yet?
No. The Mint does not adjust prices, automatically or otherwise. Your only option is to cancel and rebuy, if they are still available.
You are confusing back order with preorder. And, even with preorders, that they do not charge until they are ready to ship, the price you preordered for is the price you pay. Unless, again, you cancel and rebuy. They do not dynamically change prices on orders once placed.
@mbr33 said:
It’ll be back as orders are cancelled. Sounds like there are buyers who don’t want them anymore and others who won’t want to wait for September. With everything else to come this year, you have to remember to leave $810 in space on your card for September since that’s when they’ll charge you.
Further issues may arise if gold drops and the Mint price sinks. Woukd you keep an $810 backorder at that point, or does the Mint adjust your backorder price since they didn’t ship you yet?
No. The Mint does not adjust prices, automatically or otherwise. Your only option is to cancel and rebuy, if they are still available.
Thanks. I wasn’t sure since I’ve not been in that situation. Thankfully I won’t be for this one. Should ship quickly.
@mbr33 said:
It’ll be back as orders are cancelled. Sounds like there are buyers who don’t want them anymore and others who won’t want to wait for September. With everything else to come this year, you have to remember to leave $810 in space on your card for September since that’s when they’ll charge you.
Further issues may arise if gold drops and the Mint price sinks. Woukd you keep an $810 backorder at that point, or does the Mint adjust your backorder price since they didn’t ship you yet?
No. The Mint does not adjust prices, automatically or otherwise. Your only option is to cancel and rebuy, if they are still available.
Thanks. I wasn’t sure since I’ve not been in that situation. Thankfully I won’t be for this one. Should ship quickly.
The reason for this is that they could not charge you more without your permission, so they sure aren't doing refunds if it goes the other way. Especially since most backordered items are otherwise sold out, so you cannot easily cancel and rebuy if you want it.
@ProofCollection said:
Again, you guys are missing one key aspect of this set. Demand could surface for the medal by itself and send prices for MS70/PR70 versions of the medals to the point that the gold becomes free.
People who just want the medal are going to wait for collectors to break up their sets. We don't know their demand yet.
30,000 is a LOT for a Mint Medal. It is unlikely to go anywhere near $800. I would be surprised if a 70 got to $300
Then be surprised:
Anomaly. If that price would hold, they would have sold out much faster.
All comments reflect the opinion of the author, even when irrefutably accurate.
@mbr33 said:
It’ll be back as orders are cancelled. Sounds like there are buyers who don’t want them anymore and others who won’t want to wait for September. With everything else to come this year, you have to remember to leave $810 in space on your card for September since that’s when they’ll charge you.
Further issues may arise if gold drops and the Mint price sinks. Woukd you keep an $810 backorder at that point, or does the Mint adjust your backorder price since they didn’t ship you yet?
No. The Mint does not adjust prices, automatically or otherwise. Your only option is to cancel and rebuy, if they are still available.
You are confusing back order with preorder. And, even with preorders, that they do not charge until they are ready to ship, the price you preordered for is the price you pay. Unless, again, you cancel and rebuy. They do not dynamically change prices on orders once placed.
They do adjust the price of gold and platinum coins every week. (Not referring to BOs)
All comments reflect the opinion of the author, even when irrefutably accurate.
@mbr33 said:
It’ll be back as orders are cancelled. Sounds like there are buyers who don’t want them anymore and others who won’t want to wait for September. With everything else to come this year, you have to remember to leave $810 in space on your card for September since that’s when they’ll charge you.
Further issues may arise if gold drops and the Mint price sinks. Woukd you keep an $810 backorder at that point, or does the Mint adjust your backorder price since they didn’t ship you yet?
CC already charged for the BO.
That’s an authorization. It’ll drop off in a few days and your money won’t be taken (or charged) until it actually ships out and tracking will be available. Had it happen multiple times.
Thanks! Wasn't sure; I was hoping that's how they operated.
I've learned some new stuff today so it's a good day! I now know a little about the billing, what ABPP is, which explains eBay already selling graded slabs and how to view ATS for any sale.
@goldenboy89 said:
when people use 2 or 3 accounts to get coins like this, are they using 2 or 3 credit cards with different names/billing addresses on them, along with multiple shipping addresses? are they using a PO Box system? can someone explain further?
Same CC, different shipping address worked for me. (Same billing address though)
Interesting...in the old days (like 10-15 years ago) the Mint only let you ship to your billing address
@mbr33 said:
It’ll be back as orders are cancelled. Sounds like there are buyers who don’t want them anymore and others who won’t want to wait for September. With everything else to come this year, you have to remember to leave $810 in space on your card for September since that’s when they’ll charge you.
Further issues may arise if gold drops and the Mint price sinks. Woukd you keep an $810 backorder at that point, or does the Mint adjust your backorder price since they didn’t ship you yet?
No. The Mint does not adjust prices, automatically or otherwise. Your only option is to cancel and rebuy, if they are still available.
You are confusing back order with preorder. And, even with preorders, that they do not charge until they are ready to ship, the price you preordered for is the price you pay. Unless, again, you cancel and rebuy. They do not dynamically change prices on orders once placed.
They do adjust the price of gold and platinum coins every week. (Not referring to BOs)
Yes, yes, yes. I meant they do not adjust the price of pending orders to conform to those weekly price adjustments. Either backorders or preorders. You need to cancel and rebuy, if available, if you want a price adjustment.
@ProofCollection said:
Again, you guys are missing one key aspect of this set. Demand could surface for the medal by itself and send prices for MS70/PR70 versions of the medals to the point that the gold becomes free.
People who just want the medal are going to wait for collectors to break up their sets. We don't know their demand yet.
30,000 is a LOT for a Mint Medal. It is unlikely to go anywhere near $800. I would be surprised if a 70 got to $300
Then be surprised:
We'll see how long that lasts. Recent sales for the FH silver medal which has a somewhat, but not meaningfully larger mintage aren't at $800, and there is every reason to believe it does and will have a higher collector preference.
My order was confirmed at 12;14 EST. It shows as Backorder now. When did they go in backorder status? Anyone know? I didn't think it was 14 minutes after they went on sale!
@mbr33 said:
It’ll be back as orders are cancelled. Sounds like there are buyers who don’t want them anymore and others who won’t want to wait for September. With everything else to come this year, you have to remember to leave $810 in space on your card for September since that’s when they’ll charge you.
Further issues may arise if gold drops and the Mint price sinks. Woukd you keep an $810 backorder at that point, or does the Mint adjust your backorder price since they didn’t ship you yet?
No. The Mint does not adjust prices, automatically or otherwise. Your only option is to cancel and rebuy, if they are still available.
You are confusing back order with preorder. And, even with preorders, that they do not charge until they are ready to ship, the price you preordered for is the price you pay. Unless, again, you cancel and rebuy. They do not dynamically change prices on orders once placed.
They do adjust the price of gold and platinum coins every week. (Not referring to BOs)
Yes, yes, yes. I meant they do not adjust the price of pending orders to conform to those weekly price adjustments. Either backorders or preorders. You need to cancel and rebuy, if available, if you want a price adjustment.
Of course, we agree!
All comments reflect the opinion of the author, even when irrefutably accurate.
@Manorcourtman said:
My order was confirmed at 12;14 EST. It shows as Backorder now. When did they go in backorder status? Anyone know? I didn't think it was 14 minutes after they went on sale!
I got mine at 12:10 or so and mine says “processing” currently.
@Manorcourtman said:
My order was confirmed at 12;14 EST. It shows as Backorder now. When did they go in backorder status? Anyone know? I didn't think it was 14 minutes after they went on sale!
I got mine at 12:10 or so and mine says “processing” currently.
@Manorcourtman said:
My order was confirmed at 12;14 EST. It shows as Backorder now. When did they go in backorder status? Anyone know? I didn't think it was 14 minutes after they went on sale!
I got mine at 12:10 or so and mine says “processing” currently.
Felt like that. I did say I didn’t think I would get in when they were flying in the first five minutes or so.
At first we were looking at 14,000+ ATS and later on an additional 10,000 (give or take) were added. I kinda figured that would be the cutoff for the dreaded “back order”. Hopefully I stay “processing” and go direct to “shipped”.
@mbr33 said:
It’ll be back as orders are cancelled. Sounds like there are buyers who don’t want them anymore and others who won’t want to wait for September. With everything else to come this year, you have to remember to leave $810 in space on your card for September since that’s when they’ll charge you.
Further issues may arise if gold drops and the Mint price sinks. Woukd you keep an $810 backorder at that point, or does the Mint adjust your backorder price since they didn’t ship you yet?
No. The Mint does not adjust prices, automatically or otherwise. Your only option is to cancel and rebuy, if they are still available.
You are confusing back order with preorder. And, even with preorders, that they do not charge until they are ready to ship, the price you preordered for is the price you pay. Unless, again, you cancel and rebuy. They do not dynamically change prices on orders once placed.
They do adjust the price of gold and platinum coins every week. (Not referring to BOs)
Yes, yes, yes. I meant they do not adjust the price of pending orders to conform to those weekly price adjustments. Either backorders or preorders.
@ProofCollection said:
Again, you guys are missing one key aspect of this set. Demand could surface for the medal by itself and send prices for MS70/PR70 versions of the medals to the point that the gold becomes free.
People who just want the medal are going to wait for collectors to break up their sets. We don't know their demand yet.
30,000 is a LOT for a Mint Medal. It is unlikely to go anywhere near $800. I would be surprised if a 70 got to $300
Then be surprised:
We'll see how long that lasts. Recent sales for the FH silver medal which has a somewhat, but not meaningfully larger mintage aren't at $800, and there is every reason to believe it does and will have a higher collector preference.
With the FH medal, anyone who wanted one bought their direct or after release. They are common and easy to obtain. Anyone wanting a BOM medal only has to find one from a broken set. How many medals are essentially "forever bound" to the gold dime set they were issued with? My based-on-nothing-but-gut estimate is at least 75%. This reduces the number of "unbound" medals to 25% of the final mintage which makes them much harder to obtain. Actual numbers could actually be much lower than 25% as I think a vast majority of sets remain intact. So, How many medal collectors can't afford or don't want the gold dime but still want the medal? And how many sets will be broken? That is the question we really have to ask but I think the answer is almost assuredly a fraction of the FH numbers, if that's what we're using for comparison.
@ProofCollection said:
Again, you guys are missing one key aspect of this set. Demand could surface for the medal by itself and send prices for MS70/PR70 versions of the medals to the point that the gold becomes free.
People who just want the medal are going to wait for collectors to break up their sets. We don't know their demand yet.
30,000 is a LOT for a Mint Medal. It is unlikely to go anywhere near $800. I would be surprised if a 70 got to $300
Then be surprised:
We'll see how long that lasts. Recent sales for the FH silver medal which has a somewhat, but not meaningfully larger mintage aren't at $800, and there is every reason to believe it does and will have a higher collector preference.
With the FH medal, anyone who wanted one bought their direct or after release. They are common and easy to obtain. Anyone wanting a BOM medal only has to find one from a broken set. How many medals are essentially "forever bound" to the gold dime set they were issued with? My based-on-nothing-but-gut estimate is at least 75%. This reduces the number of "unbound" medals to 25% of the final mintage which makes them much harder to obtain. Actual numbers could actually be much lower than 25% as I think a vast majority of sets remain intact. So, How many medal collectors can't afford or don't want the gold dime but still want the medal? And how many sets will be broken? That is the question we really have to ask but I think the answer is almost assuredly a fraction of the FH numbers, if that's what we're using for comparison.
I’m keeping my set intact, so take one off the list.
I bought two with the assumption I was selling them for $100 profit each. After I was able to get them I filled out the “lock in” form and it was suddenly only offering $50 each. I emailed the buyer to inquire and I’m now being informed it’s not showing I locked in any 😆 Hmmm. Keep them and find another buyer or cancel them? I’ve done a lot of buying for this buyer but have never been done like this before.
@jwitten said:
I bought two with the assumption I was selling them for $100 profit each. After I was able to get them I filled out the “lock in” form and it was suddenly only offering $50 each. I emailed the buyer to inquire and I’m now being informed it’s not showing I locked in any 😆 Hmmm. Keep them and find another buyer or cancel them? I’ve done a lot of buying for this buyer but have never been done like this before.
@jwitten said:
I bought two with the assumption I was selling them for $100 profit each. After I was able to get them I filled out the “lock in” form and it was suddenly only offering $50 each. I emailed the buyer to inquire and I’m now being informed it’s not showing I locked in any 😆 Hmmm. Keep them and find another buyer or cancel them? I’ve done a lot of buying for this buyer but have never been done like this before.
you better find a buyer tonight or cancel the flip
@ProofCollection said:
Again, you guys are missing one key aspect of this set. Demand could surface for the medal by itself and send prices for MS70/PR70 versions of the medals to the point that the gold becomes free.
People who just want the medal are going to wait for collectors to break up their sets. We don't know their demand yet.
30,000 is a LOT for a Mint Medal. It is unlikely to go anywhere near $800. I would be surprised if a 70 got to $300
Then be surprised:
We'll see how long that lasts. Recent sales for the FH silver medal which has a somewhat, but not meaningfully larger mintage aren't at $800, and there is every reason to believe it does and will have a higher collector preference.
With the FH medal, anyone who wanted one bought their direct or after release. They are common and easy to obtain. Anyone wanting a BOM medal only has to find one from a broken set. How many medals are essentially "forever bound" to the gold dime set they were issued with? My based-on-nothing-but-gut estimate is at least 75%. This reduces the number of "unbound" medals to 25% of the final mintage which makes them much harder to obtain. Actual numbers could actually be much lower than 25% as I think a vast majority of sets remain intact. So, How many medal collectors can't afford or don't want the gold dime but still want the medal? And how many sets will be broken? That is the question we really have to ask but I think the answer is almost assuredly a fraction of the FH numbers, if that's what we're using for comparison.
I don't think that's even close. 5000 went to ABPP. Most of those will end up graded. I like this medal, but it is no where near as popular as the FH. And if you really think people are going to pay $800 for a 70. Why wouldn't they have paid $800 for the whole set and scrap the gold for $500? And if the medal is worth $800 graded, you'll end up with 75% graded not 25%.
All comments reflect the opinion of the author, even when irrefutably accurate.
@jwitten said:
I bought two with the assumption I was selling them for $100 profit each. After I was able to get them I filled out the “lock in” form and it was suddenly only offering $50 each. I emailed the buyer to inquire and I’m now being informed it’s not showing I locked in any 😆 Hmmm. Keep them and find another buyer or cancel them? I’ve done a lot of buying for this buyer but have never been done like this before.
With the eBay price where it is, you're not going to get many wholesale offers. One just sold for $972. If I sold it at $972, the net profit would be $50. So...
All comments reflect the opinion of the author, even when irrefutably accurate.
These are kind of surprisingly crappy. The 2016 seeks for 650. Throw in a silver medal, that should make $800 seem reasonable. But the price is these is already trending under $1000. We may be under $800 by Christmas. Lol
All comments reflect the opinion of the author, even when irrefutably accurate.
@ProofCollection said:
Again, you guys are missing one key aspect of this set. Demand could surface for the medal by itself and send prices for MS70/PR70 versions of the medals to the point that the gold becomes free.
People who just want the medal are going to wait for collectors to break up their sets. We don't know their demand yet.
30,000 is a LOT for a Mint Medal. It is unlikely to go anywhere near $800. I would be surprised if a 70 got to $300
Then be surprised:
We'll see how long that lasts. Recent sales for the FH silver medal which has a somewhat, but not meaningfully larger mintage aren't at $800, and there is every reason to believe it does and will have a higher collector preference.
With the FH medal, anyone who wanted one bought their direct or after release. They are common and easy to obtain. Anyone wanting a BOM medal only has to find one from a broken set. How many medals are essentially "forever bound" to the gold dime set they were issued with? My based-on-nothing-but-gut estimate is at least 75%. This reduces the number of "unbound" medals to 25% of the final mintage which makes them much harder to obtain. Actual numbers could actually be much lower than 25% as I think a vast majority of sets remain intact. So, How many medal collectors can't afford or don't want the gold dime but still want the medal? And how many sets will be broken? That is the question we really have to ask but I think the answer is almost assuredly a fraction of the FH numbers, if that's what we're using for comparison.
I don't think that's even close. 5000 went to ABPP. Most of those will end up graded. I like this medal, but it is no where near as popular as the FH. And if you really think people are going to pay $800 for a 70. Why wouldn't they have paid $800 for the whole set and scrap the gold for $500? And if the medal is worth $800 graded, you'll end up with 75% graded not 25%.
The 5000 ABPP will be the most likely candidates for broken sets but even a decent portion of those will be sold as sets.
We already have examples of people paying $900 for MS70 Medals but I'll chalk that up to initial mania, And still ebay shows 4 69's sold for $330 which is impressive. Think about if you wanted an MS70 Medal, you probably need to submit at least two sets to guarantee at least one is 70. So what's it worth to a collector to bypass that gamble, hassle, and grading fees and delays and just buy one outright? I would say that number is about $500. While I can foresee a glut of sets ultimately hitting the market, a glut of medals by themselves is far less likely.
@HalfDime said:
The raw medals will probably be selling for closer to melt value in a year or two. 30k of them is about 20k too many.
While 10K Dan Carr overstrikes are worth 3x melt? 🤣🤣🤣
Do you listen to yourself? Do you really think the market for something like this, direct from the Mint, is smaller than the market for private overstrikes? Because that's what you're saying if you think 30K is 20K too many.
No one knows what these are going to do, or how many is "too many," because there has never been anything like this before. All we know is that 50K Flowing Hair silver medals were not 40K too many, and that they currently sell for a significant premium over their inflated issue price, and around 4x current spot, two years after release.
People seem to agree that they are attractive, and they DID sell out. Far too early to have any idea what they "will probably be selling for" when the dust settles.
TBD how many people will want to build sets, like you are frothing at the mouth to do with what is being offered on HSN. TBD how many of the other medals will be minted.
Again, I'm calling balls and strikes. And I say that they'll only be selling for melt in a year or two if silver at least doubles in a year or two. Which means they won't be selling for below issue price any time soon.
And, I say that the vast majority of collectors would take these over 5-10K overstrikes of a bullion coin that was made in the millions. And, these have the virtue of an implied issue price that is significantly less than those overstikes that you seem to think are such screaming great buys.
@HalfDime said:
The raw medals will probably be selling for closer to melt value in a year or two. 30k of them is about 20k too many.
While 10K Dan Carr overstrikes are worth 3x melt? 🤣🤣🤣
Do you listen to yourself? Do you really think the market for something like this, direct from the Mint, is smaller than the market for private overstrikes? Because that's what you're saying if you think 30K is 20K too many.
No one knows what these are going to do, or how many is "too many," because there has never been anything like this before. All we know is that 50K Flowing Hair silver medals were not 40K too many, and that they currently sell for a significant premium over their inflated issue price, and around 4x current spot, two years after release.
I agree with the rest of what you said except we do have an example of "something like this before." It's not an exact example as this medal is no ASE which are far more popular, but the 1995-W Proof ASE that could only be obtained from the 4-coin gold Proof AGE set is somewhat similar in that the only way to get the ASE was to buy the set.
The medals are in demand. I know several collectors that only bought this set for the silver medal.
Did we really need another gold Mercury Dime? Especially when it isn't even dated 2026 and has a silly Liberty Bell privy on it?
One of my customers in particular wanted 2 silver medals so they can display the pair one obverse and one reverse in order to see the full design of the pair all at once, similar to the Mint photo that shows them together. They are dumping the gold dimes ASAP to recover as much of the cost as possible.
Will be much more expensive for collectors to get the silver medals from the remainder of the series as they have larger gold coins. I believe a separate set of medals would have sold well. Even a set in bronze like the First Spouse medals would have been fun.
@HalfDime said:
The raw medals will probably be selling for closer to melt value in a year or two. 30k of them is about 20k too many.
While 10K Dan Carr overstrikes are worth 3x melt? 🤣🤣🤣
Do you listen to yourself? Do you really think the market for something like this, direct from the Mint, is smaller than the market for private overstrikes? Because that's what you're saying if you think 30K is 20K too many.
No one knows what these are going to do, or how many is "too many," because there has never been anything like this before. All we know is that 50K Flowing Hair silver medals were not 40K too many, and that they currently sell for a significant premium over their inflated issue price, and around 4x current spot, two years after release.
I agree with the rest of what you said except we do have an example of "something like this before." It's not an exact example as this medal is no ASE which are far more popular, but the 1995-W Proof ASE that could only be obtained from the 4-coin gold Proof AGE set is somewhat similar in that the only way to get the ASE was to buy the set.
That is a not remotely a good comparison. A coin that is part of the most widely collected modern series is NOT comparable to a one-off medal. You might as well compare it up an SVDB cent.
There are numerous Mint Medals you could use as a comparison, like the Liberty series. But, of course, you don't mention those because they don't have large premiums.
All comments reflect the opinion of the author, even when irrefutably accurate.
@HalfDime said:
The raw medals will probably be selling for closer to melt value in a year or two. 30k of them is about 20k too many.
While 10K Dan Carr overstrikes are worth 3x melt? 🤣🤣🤣
Do you listen to yourself? Do you really think the market for something like this, direct from the Mint, is smaller than the market for private overstrikes? Because that's what you're saying if you think 30K is 20K too many.
No one knows what these are going to do, or how many is "too many," because there has never been anything like this before. All we know is that 50K Flowing Hair silver medals were not 40K too many, and that they currently sell for a significant premium over their inflated issue price, and around 4x current spot, two years after release.
People seem to agree that they are attractive, and they DID sell out. Far too early to have any idea what they "will probably be selling for" when the dust settles.
TBD how many people will want to build sets, like you are frothing at the mouth to do with what is being offered on HSN. TBD how many of the other medals will be minted.
Again, I'm calling balls and strikes. And I say that they'll only be selling for melt in a year or two if silver at least doubles in a year or two. Which means they won't be selling for below issue price any time soon.
And, I say that the vast majority of collectors would take these over 5-10K overstrikes of a bullion coin that was made in the millions. And, these have the virtue of an implied issue price that is significantly less than those overstikes that you seem to think are such screaming great buys.
To be fair, historically the market for Dan Carr pieces has been better than for US Mint medals (Liberty series, for example).
All comments reflect the opinion of the author, even when irrefutably accurate.
443 of them. Sold 13 in the first 4 minutes. Guess the Bots fell asleep on this one? LOL!
Yeah. Put a fork in it. This one's done... despite the $1000 silver medal. Lmao
These will be available all morning until the HHL drops at noon. Then the dealers who want to bank on that $1000 medal, to be delivered in September, will be all over it!
One of my customers in particular wanted 2 silver medals so they can display the pair one obverse and one reverse in order to see the full design of the pair all at once, similar to the Mint photo that shows them together.
There doesn't seem to be much action here, can't believe they've been for sale all morning...
Comments
It'll get pinged as a pending charge up front but will fall off till backorder is shipped.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
If the mintages will be the same, yes. But that is far from a guarantee, for the reason you state.
No. This is it. It started at 25K, and 5K went to ABPP. There will be no more.
That’s an authorization. It’ll drop off in a few days and your money won’t be taken (or charged) until it actually ships out and tracking will be available. Had it happen multiple times.
No. The Mint does not adjust prices, automatically or otherwise. Your only option is to cancel and rebuy, if they are still available.
You are confusing back order with preorder. And, even with preorders, that they do not charge until they are ready to ship, the price you preordered for is the price you pay. Unless, again, you cancel and rebuy. They do not dynamically change prices on orders once placed.
Thanks. I wasn’t sure since I’ve not been in that situation. Thankfully I won’t be for this one. Should ship quickly.
The reason for this is that they could not charge you more without your permission, so they sure aren't doing refunds if it goes the other way. Especially since most backordered items are otherwise sold out, so you cannot easily cancel and rebuy if you want it.
Anomaly. If that price would hold, they would have sold out much faster.
All comments reflect the opinion of the author, even when irrefutably accurate.
They do adjust the price of gold and platinum coins every week. (Not referring to BOs)
All comments reflect the opinion of the author, even when irrefutably accurate.
Thanks! Wasn't sure; I was hoping that's how they operated.
I've learned some new stuff today so it's a good day! I now know a little about the billing, what ABPP is, which explains eBay already selling graded slabs and how to view ATS for any sale.
Thanks for all the good info!
USAF (Ret.) 1985 - 2005. E-4B Aircraft Maint. Crew Chief and Contracting Officer.
✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
✓ Morgan Dollar GSA Hoard (1878 – 1891)
✓ Everyman Mint State Lincoln Cents (1909 – 1958)
✓ Matte Proof Toned Lincoln Cents (1909 – 1916)
Interesting...in the old days (like 10-15 years ago) the Mint only let you ship to your billing address
...
She's a keeper!
How so?
If you think that those images have an actual coin & medal in the holder - think again.
Edit: pic added for context...
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Yes, yes, yes. I meant they do not adjust the price of pending orders to conform to those weekly price adjustments. Either backorders or preorders. You need to cancel and rebuy, if available, if you want a price adjustment.
We'll see how long that lasts. Recent sales for the FH silver medal which has a somewhat, but not meaningfully larger mintage aren't at $800, and there is every reason to believe it does and will have a higher collector preference.
My order was confirmed at 12;14 EST. It shows as Backorder now. When did they go in backorder status? Anyone know? I didn't think it was 14 minutes after they went on sale!
I really like the medal. Got in minutes before it went dark. Perhaps Ill keep it
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I got mine at 12:10 or so and mine says “processing” currently.
Felt like that. I did say I didn’t think I would get in when they were flying in the first five minutes or so.
At first we were looking at 14,000+ ATS and later on an additional 10,000 (give or take) were added. I kinda figured that would be the cutoff for the dreaded “back order”. Hopefully I stay “processing” and go direct to “shipped”.
Weird, one of my orders says processing and the other now say BO also.
Didn't get in until 12:15 or so, less than 5 minutes later the second order went through. I must've been right on the line.
Now I'm curious how many members got in under the 15 or so minutes they had them available to ship.
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With the FH medal, anyone who wanted one bought their direct or after release. They are common and easy to obtain. Anyone wanting a BOM medal only has to find one from a broken set. How many medals are essentially "forever bound" to the gold dime set they were issued with? My based-on-nothing-but-gut estimate is at least 75%. This reduces the number of "unbound" medals to 25% of the final mintage which makes them much harder to obtain. Actual numbers could actually be much lower than 25% as I think a vast majority of sets remain intact. So, How many medal collectors can't afford or don't want the gold dime but still want the medal? And how many sets will be broken? That is the question we really have to ask but I think the answer is almost assuredly a fraction of the FH numbers, if that's what we're using for comparison.
I’m keeping my set intact, so take one off the list.
I bought two with the assumption I was selling them for $100 profit each. After I was able to get them I filled out the “lock in” form and it was suddenly only offering $50 each. I emailed the buyer to inquire and I’m now being informed it’s not showing I locked in any 😆 Hmmm. Keep them and find another buyer or cancel them? I’ve done a lot of buying for this buyer but have never been done like this before.
They clearly value the relationship. 😀
you better find a buyer tonight or cancel the flip
I don't think that's even close. 5000 went to ABPP. Most of those will end up graded. I like this medal, but it is no where near as popular as the FH. And if you really think people are going to pay $800 for a 70. Why wouldn't they have paid $800 for the whole set and scrap the gold for $500? And if the medal is worth $800 graded, you'll end up with 75% graded not 25%.
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With the eBay price where it is, you're not going to get many wholesale offers. One just sold for $972. If I sold it at $972, the net profit would be $50. So...
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These are kind of surprisingly crappy. The 2016 seeks for 650. Throw in a silver medal, that should make $800 seem reasonable. But the price is these is already trending under $1000. We may be under $800 by Christmas. Lol
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The 5000 ABPP will be the most likely candidates for broken sets but even a decent portion of those will be sold as sets.
We already have examples of people paying $900 for MS70 Medals but I'll chalk that up to initial mania, And still ebay shows 4 69's sold for $330 which is impressive. Think about if you wanted an MS70 Medal, you probably need to submit at least two sets to guarantee at least one is 70. So what's it worth to a collector to bypass that gamble, hassle, and grading fees and delays and just buy one outright? I would say that number is about $500. While I can foresee a glut of sets ultimately hitting the market, a glut of medals by themselves is far less likely.
The raw medals will probably be selling for closer to melt value in a year or two. 30k of them is about 20k too many.
While 10K Dan Carr overstrikes are worth 3x melt? 🤣🤣🤣
Do you listen to yourself? Do you really think the market for something like this, direct from the Mint, is smaller than the market for private overstrikes? Because that's what you're saying if you think 30K is 20K too many.
No one knows what these are going to do, or how many is "too many," because there has never been anything like this before. All we know is that 50K Flowing Hair silver medals were not 40K too many, and that they currently sell for a significant premium over their inflated issue price, and around 4x current spot, two years after release.
People seem to agree that they are attractive, and they DID sell out. Far too early to have any idea what they "will probably be selling for" when the dust settles.
TBD how many people will want to build sets, like you are frothing at the mouth to do with what is being offered on HSN. TBD how many of the other medals will be minted.
Again, I'm calling balls and strikes. And I say that they'll only be selling for melt in a year or two if silver at least doubles in a year or two. Which means they won't be selling for below issue price any time soon.
And, I say that the vast majority of collectors would take these over 5-10K overstrikes of a bullion coin that was made in the millions. And, these have the virtue of an implied issue price that is significantly less than those overstikes that you seem to think are such screaming great buys.
I agree with the rest of what you said except we do have an example of "something like this before." It's not an exact example as this medal is no ASE which are far more popular, but the 1995-W Proof ASE that could only be obtained from the 4-coin gold Proof AGE set is somewhat similar in that the only way to get the ASE was to buy the set.
I REALLY love the 1804 silver $1 gold coin in this series. Wish they had a subscription available to guarantee one of those! 😉
The medals are in demand. I know several collectors that only bought this set for the silver medal.
Did we really need another gold Mercury Dime? Especially when it isn't even dated 2026 and has a silly Liberty Bell privy on it?
One of my customers in particular wanted 2 silver medals so they can display the pair one obverse and one reverse in order to see the full design of the pair all at once, similar to the Mint photo that shows them together. They are dumping the gold dimes ASAP to recover as much of the cost as possible.
Will be much more expensive for collectors to get the silver medals from the remainder of the series as they have larger gold coins. I believe a separate set of medals would have sold well. Even a set in bronze like the First Spouse medals would have been fun.
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That is a not remotely a good comparison. A coin that is part of the most widely collected modern series is NOT comparable to a one-off medal. You might as well compare it up an SVDB cent.
There are numerous Mint Medals you could use as a comparison, like the Liberty series. But, of course, you don't mention those because they don't have large premiums.
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To be fair, historically the market for Dan Carr pieces has been better than for US Mint medals (Liberty series, for example).
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Not looking good
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Lowest sale at 945 already
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I still like this set, the silver more than the gold Merc.
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458 back in inventory this morning at 7:30
It's available right now...
443 of them. Sold 13 in the first 4 minutes. Guess the Bots fell asleep on this one? LOL!
Standing Liberty BOM set ATS is now visible...10,800
Yeah. Put a fork in it. This one's done... despite the $1000 silver medal. Lmao
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These will be available all morning until the HHL drops at noon. Then the dealers who want to bank on that $1000 medal, to be delivered in September, will be all over it!
There doesn't seem to be much action here, can't believe they've been for sale all morning...