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Best of the Mint 1916 Mercury Dime Gold Coin and Silver Medal Set

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  • MtW124MtW124 Posts: 552 ✭✭✭✭✭
    edited June 5, 2026 5:04AM

    ats at 400 right now

  • MtW124MtW124 Posts: 552 ✭✭✭✭✭

    @jmlanzaf said:
    I still like this set, the silver more than the gold Merc.

    Same here

  • WCCWCC Posts: 3,196 ✭✭✭✭✭

    @jmlanzaf said:

    @ProofCollection said:

    @WCC said:

    @ProofCollection said:

    @jmlanzaf said:

    @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 nowhere 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%.

    Depends upon the timeframe.

    Yes, these releases (some at least) will be "hot" in the near future because it's the newest thing now. I don't think anywhere near 30,000 will care years from now (number TBD) because it will be mostly forgotten, like most of the 1000+ NCLT the US Mint has issued since 1982. There is just too much of it with too small of a collector base, especially for a medal, and yes, I'm aware prices are set by the marginal buyer.

    As for this medal being attractive, I find it mediocre. I did check the next two medals and think both are nicer or much nicer, especially the second one to be released with the gold SLQ. Too bad this design isn't being used on the half dollar or instead of the retread Morgan and Peace dollars.

  • WCCWCC Posts: 3,196 ✭✭✭✭✭

    @ProofCollection said:

    @jmlanzaf said:

    @ProofCollection said:

    @WCC said:

    @ProofCollection said:

    @jmlanzaf said:

    @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.

    If there is a glut of sets, many will be broken up.

  • jmlanzafjmlanzaf Posts: 40,825 ✭✭✭✭✭

    @WCC said:

    @jmlanzaf said:

    @ProofCollection said:

    @WCC said:

    @ProofCollection said:

    @jmlanzaf said:

    @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 nowhere 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%.

    Depends upon the timeframe.

    Yes, these releases (some at least) will be "hot" in the near future because it's the newest thing now. I don't think anywhere near 30,000 will care years from now (number TBD) because it will be mostly forgotten, like most of the 1000+ NCLT the US Mint has issued since 1982. There is just too much of it with too small of a collector base, especially for a medal, and yes, I'm aware prices are set by the marginal buyer.

    As for this medal being attractive, I find it mediocre. I did check the next two medals and think both are nicer or much nicer, especially the second one to be released with the gold SLQ. Too bad this design isn't being used on the half dollar or instead of the retread Morgan and Peace dollars.

    Oh, I agree. I'm NEVER a believer in the long term value of modern Mint products.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • GoldbullyGoldbully Posts: 18,489 ✭✭✭✭✭

    From the added stock at this point..........slow trickle until noon I suppose.

    ats: 371

  • jmlanzafjmlanzaf Posts: 40,825 ✭✭✭✭✭

    @Goldbully said:
    From the added stock at this point..........slow trickle until noon I suppose.

    ats: 371

    Yeah, definitely not hot. I'm not sure it'll immediately sell at noon.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • NJCoinNJCoin Posts: 4,019 ✭✭✭✭✭

    @jmlanzaf said:

    @NJCoin said:

    @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).

    Yes. Because, historically, Dan Carr pieces have been made in the dozens and hundreds, as opposed to the many thousands that were recently sold on TV at relatively high prices.

    To be fair. I happen to LOVE Dan Carr stuff, and love watching the TV pitchmen BS their way through presentations. I actually use it to fall asleep at night.

    But I am not a buyer of anything from TV. Nor are most people here.

    Not because any of it is necessarily not worth collecting. But because all of it HAS to be overpriced, due to the high costs associated with selling on TV.

    At least not until Dan made a deal with whoever Mike Mezack represents. Then we had people here totally forgetting what HSN is to numismatics and product value.

    At least one of the very same people pooping on this medal as bullion, while cheerleading for actual bullion being sold at a 3x premium to melt (around $50 more than the Best of the Mint medal) because Dan overstruck many thousands of them for at least a 4 coin set. To be fair.

    Dan has a dedicated following that allows the very limited amounts of what he makes retain value on the secondary market. I have been saying all along that simply will not be the case with 10x, 50x, or even 100x the usual quantity being sold at the highest premium ever to the value of the host coin.

    At a time when silver is a lot higher than it was when Dan made most of the stuff we all know and love. And we are already seeing that with at least one of the coins being dumped by Mike on the web at a discount to what he was selling them for on HSN a few weeks ago.

  • NJCoinNJCoin Posts: 4,019 ✭✭✭✭✭

    @mbr33 said:

    @Onastone said:
    It's available right now...

    443 of them. Sold 13 in the first 4 minutes. Guess the Bots fell asleep on this one? LOL!

    No. The bots lost interest because the buyers clubs lost interest because they are on backorder and because the secondary market premiums are not making the juice worth the squeeze for them right now.

  • NJCoinNJCoin Posts: 4,019 ✭✭✭✭✭

    @mbr33 said:
    Standing Liberty BOM set ATS is now visible...10,800

    Which tells us nothing until they publish a maximum mintage. Mercury was 15K until it was 25K before it actually went live. 10,800 implies a mintage of ~12-15K.

    My money is on the actual mintage coming in at around 20K. Which means at least 15K will be made available when they go live for us. Which will probably be right around the right number to guarantee a sell out to real collectors while keeping the bots away.

  • HalfDimeHalfDime Posts: 1,004 ✭✭✭✭✭
    edited June 5, 2026 8:25AM

    @NJCoin said:
    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.

    There is no comparison between the Flowing Hair silver coin (called a medal) and the one in this set. Anyone jumping on these at after-market will likely be burned down the line.

    If the mint had put the dual date on the gold coin it would not be up on the website still a day after release and if they had not added a hokey medal it would have sold out.

    The problem with all the dealer sales is they dump them ASAP to bring in revenue and crash the price just like they did with the Congratulations sets.

    If there had been no dealer sales and an HHL of 1 this would not have a downside risk from the flippers dumping them in the short-term. The gold coin may do well itself but I think the medal is DOA long-term at these prices.

  • mbr33mbr33 Posts: 474 ✭✭✭✭

    @NJCoin said:

    @mbr33 said:
    Standing Liberty BOM set ATS is now visible...10,800

    Which tells us nothing until they publish a maximum mintage. Mercury was 15K until it was 25K before it actually went live. 10,800 implies a mintage of ~12-15K.

    My money is on the actual mintage coming in at around 20K. Which means at least 15K will be made available when they go live for us. Which will probably be right around the right number to guarantee a sell out to real collectors while keeping the bots away.

    The buyer's clubs made a few people angry with this one. More than a few order cancellations.

    I'm thinking 15-20K would be the sweet spot for this one. One thing I didn't consider until reading the idea in one of these threads was that the silver medal fanclub is going to have a tougher job finding the medals the further into this series we go. Stupidly didn't think of the mintage decreases the closer we get to the OZ gold coins. I hope we don't get into another 90 second sellout with those.

  • jmlanzafjmlanzaf Posts: 40,825 ✭✭✭✭✭

    @NJCoin said:

    @jmlanzaf said:

    @NJCoin said:

    @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).

    Yes. Because, historically, Dan Carr pieces have been made in the dozens and hundreds, as opposed to the many thousands that were recently sold on TV at relatively high prices.

    To be fair. I happen to LOVE Dan Carr stuff, and love watching the TV pitchmen BS their way through presentations. I actually use it to fall asleep at night.

    But I am not a buyer of anything from TV. Nor are most people here.

    Not because any of it is necessarily not worth collecting. But because all of it HAS to be overpriced, due to the high costs associated with selling on TV.

    At least not until Dan made a deal with whoever Mike Mezack represents. Then we had people here totally forgetting what HSN is to numismatics and product value.

    At least one of the very same people pooping on this medal as bullion, while cheerleading for actual bullion being sold at a 3x premium to melt (around $50 more than the Best of the Mint medal) because Dan overstruck many thousands of them for at least a 4 coin set. To be fair.

    Dan has a dedicated following that allows the very limited amounts of what he makes retain value on the secondary market. I have been saying all along that simply will not be the case with 10x, 50x, or even 100x the usual quantity being sold at the highest premium ever to the value of the host coin.

    At a time when silver is a lot higher than it was when Dan made most of the stuff we all know and love. And we are already seeing that with at least one of the coins being dumped by Mike on the web at a discount to what he was selling them for on HSN a few weeks ago.

    I agree!

    But the fact remains that Dan Carr has a loyal following. Mint medals, generally not so much.

    I think price for the medal is hard to gauge. I don't think it's bullion. I also don't think it's $800 - or these sets would have flown off the shelf. Math would suggest $300 or less given the bullion value of the dime.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • jmlanzafjmlanzaf Posts: 40,825 ✭✭✭✭✭
    edited June 5, 2026 8:41AM

    @HalfDime said:

    @NJCoin said:
    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.

    There is no comparison between the Flowing Hair silver coin (called a medal) and the one in this set. Anyone jumping on these at after-market will likely be burned down the line.

    If the mint had put the dual date on the gold coin it would not be up on the website still a day after release and if they had not added a hokey medal it would have sold out.

    The problem with all the dealer sales is they dump them ASAP to bring in revenue and crash the price just like they did with the Congratulations sets.

    If there had been no dealer sales and an HHL of 1 this would not have a downside risk from the flippers dumping them in the short-term. The gold coin may do well itself but I think the medal is DOA long-term at these prices.

    Not this again. The dealers sucking up 20% of the mintage decreases the prices. And it struggled to sell out with that 20% pre-sold, yet it would have sold better with that extra 20% in the market with HHL of 1.

    Does that seem logical to anyone? Buehler?Buehler?

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • mbr33mbr33 Posts: 474 ✭✭✭✭
    edited June 5, 2026 9:06AM

    Item Number: 26BM1
    Item Limits

    Mintage Limit: 30,000
    Product Limit: None
    Household Order Limit: 1

    The HHL was lifted, as I was able to put three in a cart and make it to checkout (didnt buy) and they started to vanish quickly. That fact was not reflected on the product page. Granted there was only about 130+ ATS when noon struck.
    Sold out at 12:03

  • OnastoneOnastone Posts: 4,344 ✭✭✭✭✭

    BAM! Noontime was the cleanup time. Now 7:30 for the returns/rejects/mistakes/problem orders... what's next, Silver Proof Sets? That should be fun to watch.

  • mbr33mbr33 Posts: 474 ✭✭✭✭

    My set has been shipped! I have tracking info now.

  • CapgunCapgun Posts: 897 ✭✭✭

    Shipped also, should receive tomorrow.

  • mbr33mbr33 Posts: 474 ✭✭✭✭

    @Capgun said:
    Shipped also, should receive tomorrow.

    In my case it won't be until Monday. It wont arrive at the shipping hub until late tonight and will have two stops before it gets to me.

  • mbr33mbr33 Posts: 474 ✭✭✭✭

    @jwitten said:
    Since my buyer backed out of the deal I went ahead and canceled my two orders just now. Now I’m wondering if I should cancel my enhanced gold deal with the same buyer?? 😆

    How much will you clear on it with your buyer? Ebay prices have been stable the last I looked.

  • jwittenjwitten Posts: 5,302 ✭✭✭✭✭

    @mbr33 said:

    @jwitten said:
    Since my buyer backed out of the deal I went ahead and canceled my two orders just now. Now I’m wondering if I should cancel my enhanced gold deal with the same buyer?? 😆

    How much will you clear on it with your buyer? Ebay prices have been stable the last I looked.

    Our deal was $250 over issue price

  • coinercoiner Posts: 816 ✭✭✭✭

    youre dealing with flippers / flippers / flippers - the endless chain of flippers. Smaller dealers get into this just to flip to a larger outfit; once one domino tips - the whole line tumbles.

  • coinercoiner Posts: 816 ✭✭✭✭

    at least in the more recent past (the 2000-2010 era) - there was many more collectors on the retail side; and everyone seemed to have a little bit of cash to spend; once secondary prices were established--they didnt tumble quite so fast. Now a days its basically a "hit" for a week or two, maybe a month, till the next best things comes along to flip.
    Once the sneaker and toy flippers got into this market - it went down hill fast.

  • NJCoinNJCoin Posts: 4,019 ✭✭✭✭✭

    @Tomthemailcarrier said:

    @jshaulis said:

    @jwitten said:
    Since my buyer backed out of the deal I went ahead and canceled my two orders just now. Now I’m wondering if I should cancel my enhanced gold deal with the same buyer?? 😆

    I would have a hard time following through on an agreement when they backed out on you on a different deal.....especially with them being so close to one another.

    When a buyer goes back on his/her word I wouldn’t trust them. We’d be done…..

    This ^^^. There is absolutely not reason to engage in heads they win, tails you lose flips with counter parties.

  • MsMorrisineMsMorrisine Posts: 39,176 ✭✭✭✭✭

    pcgs still offers dual holders

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • GoldbullyGoldbully Posts: 18,489 ✭✭✭✭✭

    Three hours since last post!

    This redhead should liven things up.

  • Rc5280Rc5280 Posts: 1,276 ✭✭✭✭✭

    That's a 'dime' alright!

  • OnastoneOnastone Posts: 4,344 ✭✭✭✭✭

    Is there another Waiting Room @Goldbully ?

  • OnastoneOnastone Posts: 4,344 ✭✭✭✭✭

  • No waiting room for me, 112 ats at 730. Lasted until 731

  • coinercoiner Posts: 816 ✭✭✭✭

    on backorder status?

  • coinercoiner Posts: 816 ✭✭✭✭

    if not b/o; if you are trying to secure quantities for resale on public venues (ebay) - netting around 70 bucks after fees with a store.
    No store - neeting about 30 bucks.
    Not worth the aggrevation in the race to the bottom.

  • mbr33mbr33 Posts: 474 ✭✭✭✭
    edited June 6, 2026 7:31AM

    It will be interesting to see if anyone in this forum gets a signed Paul Hollis note card in with their set. Unsure how many there are, or if it’s a pre-printed card that everyone gets, but it seems a few are cropping up with the early deliveries.

  • NephasthNephasth Posts: 102 ✭✭✭

    Another weekend of "processing" for me. Yay!

  • Old_CollectorOld_Collector Posts: 928 ✭✭✭✭✭

    The sold prices are really coming down on EBay, I think some novice sellers are panicking. And the big dealers could be picking up more to sell later at higher prices. Meanwhile precious metals continue to correct, spot silver at about 68.

  • mbr33mbr33 Posts: 474 ✭✭✭✭
    edited June 6, 2026 8:03AM

    @Old_Collector said:
    The sold prices are really coming down on EBay, I think some novice sellers are panicking. And the big dealers could be picking up more to sell later at higher prices. Meanwhile precious metals continue to correct, spot silver at about 68.

    @Old_Collector said:
    The sold prices are really coming down on EBay, I think some novice sellers are panicking. And the big dealers could be picking up more to sell later at higher prices. Meanwhile precious metals continue to correct, spot silver at about 68.

    Some were “stuck” with a set because their Buyers Club cancelled on them. Others have seen most of the 2026 offerings sag lower after the initial market sets its value and don’t want to be saddled with a loss. Will this one recover? Maybe. Maybe not. There will be a steady stream of them available well into September and beyond.

  • DotStoreDotStore Posts: 754 ✭✭✭✭

    They were available for a brief moment this morning. I tried to order 1 right when they were available, but by the time I hit SUBMIT to finalize payment they were gone (less than about 10 - 15 seconds).

  • mbr33mbr33 Posts: 474 ✭✭✭✭

    @DotStore said:
    They were available for a brief moment this morning. I tried to order 1 right when they were available, but by the time I hit SUBMIT to finalize payment they were gone (less than about 10 - 15 seconds).

    This seller sold 3 at this price. Starting to see some available for less than Mint pricing.

  • mbogomanmbogoman Posts: 5,314 ✭✭✭✭✭

    @mbr33 said:

    @DotStore said:
    They were available for a brief moment this morning. I tried to order 1 right when they were available, but by the time I hit SUBMIT to finalize payment they were gone (less than about 10 - 15 seconds).

    This seller sold 3 at this price. Starting to see some available for less than Mint pricing.

    I would guess it's a scam.

  • NephasthNephasth Posts: 102 ✭✭✭

    "This listing was ended by the seller on Sat, Jun 6 at 8:44 AM because there was an error in the listing."

    Pretty sure he ended up cancelling those sales.

  • mbr33mbr33 Posts: 474 ✭✭✭✭

    @Nephasth said:
    "This listing was ended by the seller on Sat, Jun 6 at 8:44 AM because there was an error in the listing."

    Pretty sure he ended up cancelling those sales.

    Losing that much does seem like an error in judgment or a late night with too much drinking going on to be on EBay. 🤪

  • cinque1543cinque1543 Posts: 496 ✭✭✭

    @jakeblue said:
    availability status now says "Backorder" with in stock date of September 3rd.

    Having to wait three months is not optimal, but I guess there is an upside. If the price of gold drops significantly between now and September, won't some individuals cancel their U.S. Mint orders and purchase the set on the secondary market?

    I assume the U.S Mint does not lower the price on backordered items if gold falls in value?

  • DotStoreDotStore Posts: 754 ✭✭✭✭

    @cinque1543 said:

    @jakeblue said:
    availability status now says "Backorder" with in stock date of September 3rd.

    Having to wait three months is not optimal, but I guess there is an upside. If the price of gold drops significantly between now and September, won't some individuals cancel their U.S. Mint orders and purchase the set on the secondary market?

    I assume the U.S Mint does not lower the price on backordered items if gold falls in value?

    This is what I was thinking -- it's a "free ride" until they start shipping the backorderd sets (I can always cancel if it drops enough that cancelling is the better option). And the other side of that -- if spot goes up, they don't raise the price either...

  • mbr33mbr33 Posts: 474 ✭✭✭✭

    @DotStore said:

    @cinque1543 said:

    @jakeblue said:
    availability status now says "Backorder" with in stock date of September 3rd.

    Having to wait three months is not optimal, but I guess there is an upside. If the price of gold drops significantly between now and September, won't some individuals cancel their U.S. Mint orders and purchase the set on the secondary market?

    I assume the U.S Mint does not lower the price on backordered items if gold falls in value?

    This is what I was thinking -- it's a "free ride" until they start shipping the backorderd sets (I can always cancel if it drops enough that cancelling is the better option). And the other side of that -- if spot goes up, they don't raise the price either...

    Yes. You’d have to cancel your $810 order and place another order at the lower price (if any available). This “should” happen this week on Wednesday if gold continues its dip. The set should be $790-$795 perhaps late in the day Wednesday when they reset pricing according to their pricing grid.

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