I don't consider the website fixed when there are differing experiences for how and when the waiting room kicks in and how it functions. Also when the item goes live it should automatically go red.
@mach19 said:
OK i'm gonna try for the half ounce silver medal , call me crazy..... however, if I don't have any success , I'm not gonna loose sleep
I wish you luck with that. It sounds like you’ll be in a dogfight for those.
Again .... call me crazy !
Okay, Crazy -- why do want one? Because you REALLY want a half ounce silver Liberty Bell for $750, or because you think it will be coveted by others, and therefore be worth far more than what you pay for it? If you buy anything for the wrong reasons, you are likely to get exactly what you deserve.
Both of those seem like they could be the “right” reason to want one.
There is also the fact it is,and will likely remain, the highest denomination US coin. That could be considered a right reason.
If I was going to assemble a 21st century type set, wouldn't I need to include these?
Most people here are talking about the silver medal, because that is the most interesting, at $750, for something with the same mintage as something being offered for $20K.
If you feel you need one of everything the Mint makes, then sure. But it's unlikely most people will feel compelled, at $20K, just because it's a unique shape and a new denomination.
You'll probably have a Trump coin to chase before the year is over if you think you need a $250 coin to complete a denomination set. Type set means you buy everything, including every commemorative. I don't know of anyone who actually does that, other than maybe the Smithsonian.
Loose is most commonly used as an adjective meaning not tight or free or released from fastening, attachment, or restraint, as in a loose screw or Let him loose! Lose is a verb most commonly meaning to fail to win or to misplace something, as in I hate to lose in chess or Don’t lose your key. Loose ends with an s sound and rhymes with moose.
Don't loose your mind over it.
All comments reflect the opinion of the author, even when irrefutably accurate.
@mach19 said:
OK i'm gonna try for the half ounce silver medal , call me crazy..... however, if I don't have any success , I'm not gonna loose sleep
I wish you luck with that. It sounds like you’ll be in a dogfight for those.
Again .... call me crazy !
Okay, Crazy -- why do want one? Because you REALLY want a half ounce silver Liberty Bell for $750, or because you think it will be coveted by others, and therefore be worth far more than what you pay for it? If you buy anything for the wrong reasons, you are likely to get exactly what you deserve.
Both of those seem like they could be the “right” reason to want one.
There is also the fact it is,and will likely remain, the highest denomination US coin. That could be considered a right reason.
If I was going to assemble a 21st century type set, wouldn't I need to include these?
With 74 years to go, I wouldn't worry about grabbing one now. These could be cheaper later and there are likely more $250 coins on the horizon.
All comments reflect the opinion of the author, even when irrefutably accurate.
@HATTRICK said:
The ones bashing this coin the most are the ones who will be using Friends and family, multiple credit cards and addresses to get as many as they can to flip. They hope to tamp down interest to shorten sell out time however these bells will be gone in a flash.
Be locked and loaded when on sale comes.
If you snooze you lose.
Not me. I PROMISE you. No matter how well they do.
@mach19 said:
OK i'm gonna try for the half ounce silver medal , call me crazy..... however, if I don't have any success , I'm not gonna loose sleep
I wish you luck with that. It sounds like you’ll be in a dogfight for those.
Again .... call me crazy !
Okay, Crazy -- why do want one? Because you REALLY want a half ounce silver Liberty Bell for $750, or because you think it will be coveted by others, and therefore be worth far more than what you pay for it? If you buy anything for the wrong reasons, you are likely to get exactly what you deserve.
Both of those seem like they could be the “right” reason to want one.
There is also the fact it is,and will likely remain, the highest denomination US coin. That could be considered a right reason.
If I was going to assemble a 21st century type set, wouldn't I need to include these?
The gold definitely has some appeal for the several reasons stated. If the price weren't so absurd I'd likely go for one. Regardless, I think that the design could have been so much better.
@mach19 said:
OK i'm gonna try for the half ounce silver medal , call me crazy..... however, if I don't have any success , I'm not gonna loose sleep
I wish you luck with that. It sounds like you’ll be in a dogfight for those.
Again .... call me crazy !
Okay, Crazy -- why do want one? Because you REALLY want a half ounce silver Liberty Bell for $750, or because you think it will be coveted by others, and therefore be worth far more than what you pay for it? If you buy anything for the wrong reasons, you are likely to get exactly what you deserve.
Both of those seem like they could be the “right” reason to want one.
There is also the fact it is,and will likely remain, the highest denomination US coin. That could be considered a right reason.
If I was going to assemble a 21st century type set, wouldn't I need to include these?
The gold definitely has some appeal for the several reasons stated. If the price weren't so absurd I'd likely go for one. Regardless, I think that the design could have been so much better.
Yes, I agree the design could have been far superior to what we see here. It also (for $750 to $19,600) could have a nice wooden box rather than what appears in the illustration. Something like the old Buffalo gold boxes would have been nicer.
Yes, I agree the design could have been far superior to what we see here. It also (for $750 to $19,600) could have a nice wooden box rather than what appears in the illustration. Something like the old Buffalo gold boxes would have been nicer.
One of my favorite OGP boxes was the 2009 UHR Mahogany box. Now that was some packaging!
I believe the Mint missed out on a few opportunities this year - one being fractional Buffalo Gold.
Survey upon survey we have been asking about bringing back fractional Buffalo Gold.
Also, there should have been the ability to subscribe to multiple "America 250" products as one purchase - with a nice wooden box or display for all of the coins. Silver Eagles thru the gold - all the dual dated and privy'd coins; different combos (all silver/all gold/all silver and gold)
Making it more special for the collector to display the coins.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
It may not be meant to be sold as bullion, but a lot of it became bullion as prices inched higher on precious metals.
I think the Morgan & Peace stuff will struggle to sell out without a price drop. It's s stretch to purchase that (250th privvy or not) at these prices with silver now half of what it was when the Mint raised prices to where they're at today.
@coiner said:
I believe the Mint missed out on a few opportunities this year - one being fractional Buffalo Gold.
Survey upon survey we have been asking about bringing back fractional Buffalo Gold.
Also, there should have been the ability to subscribe to multiple "America 250" products as one purchase - with a nice wooden box or display for all of the coins. Silver Eagles thru the gold - all the dual dated and privy'd coins; different combos (all silver/all gold/all silver and gold)
Making it more special for the collector to display the coins.
EVERY survey I get I mention I would like fractional Buffaloes to return!
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
I understand that.
I just meant that if gold were 2kish a lot more folks could get in on the dual date gold and BOM issues who can't at the current level.
@NJCoin said:
They DID fix the website. It doesn't crash, and it processes lots of transactions per second. What else are you looking for?
A website without a waiting room, is that too much to ask for? I never get that at any other online place I shop at, only the US Mint. And no, adding a waiting room isn't a fix, it's just a patch job.
They went the cheapo route on this instead of actually fixing the problem.
They could increase their network and server capacity, but that could be prohibitively expensive, compared to the waiting room. And the waiting room works, if if it’s a bit annoying.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
Yes. I agree with me.
And I'm pretty sure if gold were $2500, the price of the 1 oz would still be $19,000.
All comments reflect the opinion of the author, even when irrefutably accurate.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
It may not be meant to be sold as bullion, but a lot of it became bullion as prices inched higher on precious metals.
I think the Morgan & Peace stuff will struggle to sell out without a price drop. It's s stretch to purchase that (250th privvy or not) at these prices with silver now half of what it was when the Mint raised prices to where they're at today.
$19,000 for an ounce is not tethered to bullion pricing.
All comments reflect the opinion of the author, even when irrefutably accurate.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
It may not be meant to be sold as bullion, but a lot of it became bullion as prices inched higher on precious metals.
I think the Morgan & Peace stuff will struggle to sell out without a price drop. It's s stretch to purchase that (250th privvy or not) at these prices with silver now half of what it was when the Mint raised prices to where they're at today.
$19,000 for an ounce is not tethered to bullion pricing.
No it’s certainly not. None of the product is initially. Over the years, with the increase in gold prices, it became closer to bullion. That will not happen with this coin. It will have some sort of premium for the rest of our lives, most likely.
@NJCoin said:
They DID fix the website. It doesn't crash, and it processes lots of transactions per second. What else are you looking for?
A website without a waiting room, is that too much to ask for? I never get that at any other online place I shop at, only the US Mint. And no, adding a waiting room isn't a fix, it's just a patch job.
They went the cheapo route on this instead of actually fixing the problem.
They could increase their network and server capacity, but that could be prohibitively expensive, compared to the waiting room. And the waiting room works, if if it’s a bit annoying.
Not to mention that if you have no waiting room and 100,000 people trying to simultaneously buy 2000 coins, you're going to hear 98,000 complaints that they had one in their cart but couldn't check out fast enough. Server capacity doesn't solve the problem of more buyers than coins.
All comments reflect the opinion of the author, even when irrefutably accurate.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
It may not be meant to be sold as bullion, but a lot of it became bullion as prices inched higher on precious metals.
I think the Morgan & Peace stuff will struggle to sell out without a price drop. It's s stretch to purchase that (250th privvy or not) at these prices with silver now half of what it was when the Mint raised prices to where they're at today.
$19,000 for an ounce is not tethered to bullion pricing.
No it’s certainly not. None of the product is initially. Over the years, with the increase in gold prices, it became closer to bullion. That will not happen with this coin. It will have some sort of premium for the rest of our lives, most likely.
I'm not so sure. You would have said the same thing about 63/64 Saints a few years ago.
Currently, upstate is SELLING 64 Saints for $4070 (melt is $3990), a 2% premium At the same time, they are selling 2026 AGEs for a 3.4% premium and other dates for a 1.1% premium.
Even 65 Saints are only at 4200, a 5% premium to melt.
All comments reflect the opinion of the author, even when irrefutably accurate.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
It may not be meant to be sold as bullion, but a lot of it became bullion as prices inched higher on precious metals.
I think the Morgan & Peace stuff will struggle to sell out without a price drop. It's s stretch to purchase that (250th privvy or not) at these prices with silver now half of what it was when the Mint raised prices to where they're at today.
$19,000 for an ounce is not tethered to bullion pricing.
No it’s certainly not. None of the product is initially. Over the years, with the increase in gold prices, it became closer to bullion. That will not happen with this coin. It will have some sort of premium for the rest of our lives, most likely.
I'm not so sure. You would have said the same thing about 63/64 Saints a few years ago.
Currently, upstate is SELLING 64 Saints for $4070 (melt is $3990), a 2% premium At the same time, they are selling 2026 AGEs for a 3.4% premium and other dates for a 1.1% premium.
Even 65 Saints are only at 4200, a 5% premium to melt.
Truthfully, I can't be sure either. Just a guess that somewhere there are collectors that won't mind paying large premiums for this offering to hold forever, lowering the number of available coins and maintaining a high premium for years to come. Or not. It's tough to gauge collector enthusiasm sometimes.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
It may not be meant to be sold as bullion, but a lot of it became bullion as prices inched higher on precious metals.
I think the Morgan & Peace stuff will struggle to sell out without a price drop. It's s stretch to purchase that (250th privvy or not) at these prices with silver now half of what it was when the Mint raised prices to where they're at today.
$19,000 for an ounce is not tethered to bullion pricing.
No it’s certainly not. None of the product is initially. Over the years, with the increase in gold prices, it became closer to bullion. That will not happen with this coin. It will have some sort of premium for the rest of our lives, most likely.
Yes, most likely it will depend on what happens to the Mint brand.
If the Mint rolls out a plethora of this type of merch on a continual basis with the result of more and more unsold inventory it will diminish perceived value.
Personally I would like to see more releases similar to the flowing hair numismatic linkage to draw more collectors.
Connection to historically significant Mint production will draw more interest in numismatics generally, that benefits all.
@HalfDime said:
I'm happy you guys are happy with the broken website. Just remember to be happy when a restaurant makes you wait two hours.
If the alternative to the restaurant making me wait two hours was being trampled when it opened, and then being left lying on the floor, hungry, if I didn't happen to snag a table, I'd prefer to wait two hours. Thank you very much.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
It may not be meant to be sold as bullion, but a lot of it became bullion as prices inched higher on precious metals.
I think the Morgan & Peace stuff will struggle to sell out without a price drop. It's s stretch to purchase that (250th privvy or not) at these prices with silver now half of what it was when the Mint raised prices to where they're at today.
$19,000 for an ounce is not tethered to bullion pricing.
No it’s certainly not. None of the product is initially. Over the years, with the increase in gold prices, it became closer to bullion. That will not happen with this coin. It will have some sort of premium for the rest of our lives, most likely.
Unless it is universally shunned, due to the starting price and the fact that it really isn't a coin at all. Just a one ounce gold Liberty Bell with a denomination on it.
Technically a coin, sure, due to the monetization, but not a coin in the traditional sense of coins numismatists collect. More like a very expensive curiosity or trinket.
Relatively rare, due to the limited quantity in which it will be manufactured. But not valuable or truly rare, beyond the $4K in gold it will contain, unless more than 2K people actually want to add one to their collection. After all, 2,026 is a lot of anything costing $20,000 that is not a car or a house.
@NJCoin said:
They DID fix the website. It doesn't crash, and it processes lots of transactions per second. What else are you looking for?
A website without a waiting room, is that too much to ask for? I never get that at any other online place I shop at, only the US Mint. And no, adding a waiting room isn't a fix, it's just a patch job.
They went the cheapo route on this instead of actually fixing the problem.
They could increase their network and server capacity, but that could be prohibitively expensive, compared to the waiting room. And the waiting room works, if if it’s a bit annoying.
Not to mention that if you have no waiting room and 100,000 people trying to simultaneously buy 2000 coins, you're going to hear 98,000 complaints that they had one in their cart but couldn't check out fast enough. Server capacity doesn't solve the problem of more buyers than coins.
Yeah. I think I said that above. Thanks for agreeing with me without acknowledging me.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
Yes. I agree with me.
And I'm pretty sure if gold were $2500, the price of the 1 oz would still be $19,000.
The comments I made that NJ was responding to were regarding the BOM and other 250th (AGE, Buffalo) dual date issues.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
It may not be meant to be sold as bullion, but a lot of it became bullion as prices inched higher on precious metals.
I think the Morgan & Peace stuff will struggle to sell out without a price drop. It's s stretch to purchase that (250th privvy or not) at these prices with silver now half of what it was when the Mint raised prices to where they're at today.
$19,000 for an ounce is not tethered to bullion pricing.
No it’s certainly not. None of the product is initially. Over the years, with the increase in gold prices, it became closer to bullion. That will not happen with this coin. It will have some sort of premium for the rest of our lives, most likely.
Unless it is universally shunned, due to the starting price and the fact that it really isn't a coin at all. Just a one ounce gold Liberty Bell with a denomination on it.
Technically a coin, sure, due to the monetization, but not a coin in the traditional sense of coins numismatists collect. More like a very expensive curiosity or trinket.
Relatively rare, due to the limited quantity in which it will be manufactured. But not valuable or truly rare, beyond the $4K in gold it will contain, unless more than 2K people actually want to add one to their collection. After all, 2,026 is a lot of anything costing $20,000 that is not a car or a house.
FOMO is starting to take hold, albeit with a much, much smaller audience for the golds. I'm not among that group. I'm leaning against the silver one for now. I have no clue which way this will go, but it has a shot at universal shunning just as much as it has a shot at success (which, sadly, may set us up for more of these)
I wholeheartedly agree with this...." Technically a coin, sure, due to the monetization, but not a coin in the traditional sense of coins numismatists collect. More like a very expensive curiosity or trinket."
@NJCoin said:
They DID fix the website. It doesn't crash, and it processes lots of transactions per second. What else are you looking for?
A website without a waiting room, is that too much to ask for? I never get that at any other online place I shop at, only the US Mint. And no, adding a waiting room isn't a fix, it's just a patch job.
They went the cheapo route on this instead of actually fixing the problem.
They could increase their network and server capacity, but that could be prohibitively expensive, compared to the waiting room. And the waiting room works, if if it’s a bit annoying.
Not to mention that if you have no waiting room and 100,000 people trying to simultaneously buy 2000 coins, you're going to hear 98,000 complaints that they had one in their cart but couldn't check out fast enough. Server capacity doesn't solve the problem of more buyers than coins.
Yeah. I think I said that above. Thanks for agreeing with me without acknowledging me.
Lol. I don't see that specific point prior to my saying it. But I could have missed it.
All comments reflect the opinion of the author, even when irrefutably accurate.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
Yes. I agree with me.
And I'm pretty sure if gold were $2500, the price of the 1 oz would still be $19,000.
The comments I made that NJ was responding to were regarding the BOM and other 250th (AGE, Buffalo) dual date issues.
And this thread is about this particular 250th coin...
All comments reflect the opinion of the author, even when irrefutably accurate.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
Yes. I agree with me.
And I'm pretty sure if gold were $2500, the price of the 1 oz would still be $19,000.
The comments I made that NJ was responding to were regarding the BOM and other 250th (AGE, Buffalo) dual date issues.
And this thread is about this particular 250th coin...
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
Yes. I agree with me.
And I'm pretty sure if gold were $2500, the price of the 1 oz would still be $19,000.
The comments I made that NJ was responding to were regarding the BOM and other 250th (AGE, Buffalo) dual date issues.
And this thread is about this particular 250th coin...
Indeed. But, it has drifted here and there.
I don't disagree, but that's why I made that specific comment.
All comments reflect the opinion of the author, even when irrefutably accurate.
@NJCoin said:
They DID fix the website. It doesn't crash, and it processes lots of transactions per second. What else are you looking for?
A website without a waiting room, is that too much to ask for? I never get that at any other online place I shop at, only the US Mint. And no, adding a waiting room isn't a fix, it's just a patch job.
They went the cheapo route on this instead of actually fixing the problem.
They could increase their network and server capacity, but that could be prohibitively expensive, compared to the waiting room. And the waiting room works, if if it’s a bit annoying.
Not to mention that if you have no waiting room and 100,000 people trying to simultaneously buy 2000 coins, you're going to hear 98,000 complaints that they had one in their cart but couldn't check out fast enough. Server capacity doesn't solve the problem of more buyers than coins.
Yeah. I think I said that above. Thanks for agreeing with me without acknowledging me.
Lol. I don't see that specific point prior to my saying it. But I could have missed it.
@Raufus said:
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
Yes. I agree with me.
And I'm pretty sure if gold were $2500, the price of the 1 oz would still be $19,000.
The comments I made that NJ was responding to were regarding the BOM and other 250th (AGE, Buffalo) dual date issues.
And this thread is about this particular 250th coin...
Indeed. But, it has drifted here and there.
I don't disagree, but that's why I made that specific comment.
Understood. Agree, of course, that the astronomical pricing for the Liberty Bell is unrelated to spot.
@NJCoin said:
They DID fix the website. It doesn't crash, and it processes lots of transactions per second. What else are you looking for?
A website without a waiting room, is that too much to ask for? I never get that at any other online place I shop at, only the US Mint. And no, adding a waiting room isn't a fix, it's just a patch job.
They went the cheapo route on this instead of actually fixing the problem.
They could increase their network and server capacity, but that could be prohibitively expensive, compared to the waiting room. And the waiting room works, if if it’s a bit annoying.
Not to mention that if you have no waiting room and 100,000 people trying to simultaneously buy 2000 coins, you're going to hear 98,000 complaints that they had one in their cart but couldn't check out fast enough. Server capacity doesn't solve the problem of more buyers than coins.
Yeah. I think I said that above. Thanks for agreeing with me without acknowledging me.
Lol. I don't see that specific point prior to my saying it. But I could have missed it.
People blindly paying double issue price a month before release, with absolutely no knowledge regarding how easy or difficult they will be to buy from the Mint, does nothing for me other than reaffirm my belief that the level of stupidity of the American public can never be overestimated. Because they are locking in a loss if the price is too high, and guaranteeing nothing if the price turns out to be good.
People blindly paying double issue price a month before release, with absolutely no knowledge regarding how easy or difficult they will be to buy from the Mint, does nothing for me other than reaffirm my belief that the level of stupidity of the American public can never be overestimated. Because they are locking in a loss if the price is too high, and guaranteeing nothing if the price turns out to be good.
People blindly paying double issue price a month before release, with absolutely no knowledge regarding how easy or difficult they will be to buy from the Mint, does nothing for me other than reaffirm my belief that the level of stupidity of the American public can never be overestimated. Because they are locking in a loss if the price is too high, and guaranteeing nothing if the price turns out to be good.
@Zoins said:
Why not just have a bell that you can ring
Hard to put it in your pocket
Even more challenging, hard to slab!
Actually, it's not. They slab toys all the time.
Yes, but not PCGS!
This would be a coin not a toy!
They can use the same case that is used with toys. It's just a bigger version of a slab. Collectors universe includes WATA and PSA. And PCGS banknotes have slabbed bricks of currency.
[Although I know this was only a joke, however...]
All comments reflect the opinion of the author, even when irrefutably accurate.
@Zoins said:
Why not just have a bell that you can ring
Hard to put it in your pocket
Even more challenging, hard to slab!
Actually, it's not. They slab toys all the time.
Yes, but not PCGS!
This would be a coin not a toy!
They can use the same case that is used with toys. It's just a bigger version of a slab. Collectors universe includes WATA and PSA. And PCGS banknotes have slabbed bricks of currency.
[Although I know this was only a joke, however...]
Does Collectors Universe have a slab that can fit a bell like this? Can you post a photo? I'm genuinely curious.
For example, I've seen kilo slab coins but not from CU yet.
[slabbing toys may have been a joke, but I'm curious if numismatic TPGs actually do this, like for kilo coins or bricks of currency]
Does Collectors Universe have a slab that can fit a bell like this? Can you post a photo? I'm genuinely curious.
For example, I've seen kilo slab coins but not from CU yet.
[slabbing toys may have been a joke, but I'm curious if numismatic TPGs actually do this, like for kilo coins or bricks of currency]
Can't tell you how common it is, when it started, or if they are still doing it, but here is an example of a PCGS slabbed 1.0 kilo coin. Note - I have NO association with this listing.
Does Collectors Universe have a slab that can fit a bell like this? Can you post a photo? I'm genuinely curious.
For example, I've seen kilo slab coins but not from CU yet.
[slabbing toys may have been a joke, but I'm curious if numismatic TPGs actually do this, like for kilo coins or bricks of currency]
Can't tell you how common it is, when it started, or if they are still doing it, but here is an example of a PCGS slabbed 1.0 kilo coin. Note - I have NO association with this listing.
Comments
I don't consider the website fixed when there are differing experiences for how and when the waiting room kicks in and how it functions. Also when the item goes live it should automatically go red.
Most people here are talking about the silver medal, because that is the most interesting, at $750, for something with the same mintage as something being offered for $20K.
If you feel you need one of everything the Mint makes, then sure. But it's unlikely most people will feel compelled, at $20K, just because it's a unique shape and a new denomination.
You'll probably have a Trump coin to chase before the year is over if you think you need a $250 coin to complete a denomination set. Type set means you buy everything, including every commemorative. I don't know of anyone who actually does that, other than maybe the Smithsonian.
if a $250 coin already made, the future Trump coin would need to surpass that and be something like $1,776 or $2,026
Don't loose your mind over it.
All comments reflect the opinion of the author, even when irrefutably accurate.
With 74 years to go, I wouldn't worry about grabbing one now. These could be cheaper later and there are likely more $250 coins on the horizon.
All comments reflect the opinion of the author, even when irrefutably accurate.
+1! ZERO interest.
The gold definitely has some appeal for the several reasons stated. If the price weren't so absurd I'd likely go for one. Regardless, I think that the design could have been so much better.
Yes, I agree the design could have been far superior to what we see here. It also (for $750 to $19,600) could have a nice wooden box rather than what appears in the illustration. Something like the old Buffalo gold boxes would have been nicer.
One of my favorite OGP boxes was the 2009 UHR Mahogany box. Now that was some packaging!
I believe the Mint missed out on a few opportunities this year - one being fractional Buffalo Gold.
Survey upon survey we have been asking about bringing back fractional Buffalo Gold.
Also, there should have been the ability to subscribe to multiple "America 250" products as one purchase - with a nice wooden box or display for all of the coins. Silver Eagles thru the gold - all the dual dated and privy'd coins; different combos (all silver/all gold/all silver and gold)
Making it more special for the collector to display the coins.
Sure would have been a great year for gold to not he so high.
Really limits the buyers pool and adds to the risk of getting many of the 250th issues.
Yup. But, as @jmlanzaf repeatedly points out, nothing sold through the website is meant to be viewed as bullion, it is not priced as such, and they are not having any problems selling out the one off special items. The only things not selling out are the things that are the same as prior years, other than the date and the privy mark. TBD if that continues.
It may not be meant to be sold as bullion, but a lot of it became bullion as prices inched higher on precious metals.
I think the Morgan & Peace stuff will struggle to sell out without a price drop. It's s stretch to purchase that (250th privvy or not) at these prices with silver now half of what it was when the Mint raised prices to where they're at today.
EVERY survey I get I mention I would like fractional Buffaloes to return!
I understand that.
I just meant that if gold were 2kish a lot more folks could get in on the dual date gold and BOM issues who can't at the current level.
They could increase their network and server capacity, but that could be prohibitively expensive, compared to the waiting room. And the waiting room works, if if it’s a bit annoying.
I'm happy you guys are happy with the broken website. Just remember to be happy when a restaurant makes you wait two hours.
Yes. I agree with me.
And I'm pretty sure if gold were $2500, the price of the 1 oz would still be $19,000.
All comments reflect the opinion of the author, even when irrefutably accurate.
$19,000 for an ounce is not tethered to bullion pricing.
All comments reflect the opinion of the author, even when irrefutably accurate.
No it’s certainly not. None of the product is initially. Over the years, with the increase in gold prices, it became closer to bullion. That will not happen with this coin. It will have some sort of premium for the rest of our lives, most likely.
Not to mention that if you have no waiting room and 100,000 people trying to simultaneously buy 2000 coins, you're going to hear 98,000 complaints that they had one in their cart but couldn't check out fast enough. Server capacity doesn't solve the problem of more buyers than coins.
All comments reflect the opinion of the author, even when irrefutably accurate.
I'm not so sure. You would have said the same thing about 63/64 Saints a few years ago.
Currently, upstate is SELLING 64 Saints for $4070 (melt is $3990), a 2% premium At the same time, they are selling 2026 AGEs for a 3.4% premium and other dates for a 1.1% premium.
Even 65 Saints are only at 4200, a 5% premium to melt.
All comments reflect the opinion of the author, even when irrefutably accurate.
Truthfully, I can't be sure either. Just a guess that somewhere there are collectors that won't mind paying large premiums for this offering to hold forever, lowering the number of available coins and maintaining a high premium for years to come. Or not. It's tough to gauge collector enthusiasm sometimes.
(The Saints do surprise me, however)
Yes, most likely it will depend on what happens to the Mint brand.
If the Mint rolls out a plethora of this type of merch on a continual basis with the result of more and more unsold inventory it will diminish perceived value.
Personally I would like to see more releases similar to the flowing hair numismatic linkage to draw more collectors.
Connection to historically significant Mint production will draw more interest in numismatics generally, that benefits all.
If the alternative to the restaurant making me wait two hours was being trampled when it opened, and then being left lying on the floor, hungry, if I didn't happen to snag a table, I'd prefer to wait two hours. Thank you very much.
Unless it is universally shunned, due to the starting price and the fact that it really isn't a coin at all. Just a one ounce gold Liberty Bell with a denomination on it.
Technically a coin, sure, due to the monetization, but not a coin in the traditional sense of coins numismatists collect. More like a very expensive curiosity or trinket.
Relatively rare, due to the limited quantity in which it will be manufactured. But not valuable or truly rare, beyond the $4K in gold it will contain, unless more than 2K people actually want to add one to their collection. After all, 2,026 is a lot of anything costing $20,000 that is not a car or a house.
Yeah. I think I said that above. Thanks for agreeing with me without acknowledging me.
The comments I made that NJ was responding to were regarding the BOM and other 250th (AGE, Buffalo) dual date issues.
FOMO is starting to take hold, albeit with a much, much smaller audience for the golds. I'm not among that group. I'm leaning against the silver one for now. I have no clue which way this will go, but it has a shot at universal shunning just as much as it has a shot at success (which, sadly, may set us up for more of these)
I wholeheartedly agree with this...." Technically a coin, sure, due to the monetization, but not a coin in the traditional sense of coins numismatists collect. More like a very expensive curiosity or trinket."
Lol. I don't see that specific point prior to my saying it. But I could have missed it.
All comments reflect the opinion of the author, even when irrefutably accurate.
And this thread is about this particular 250th coin...
All comments reflect the opinion of the author, even when irrefutably accurate.
Indeed. But, it has drifted here and there.
I don't disagree, but that's why I made that specific comment.
All comments reflect the opinion of the author, even when irrefutably accurate.
https://forums.collectors.com/discussion/comment/14114063#Comment_14114063
https://forums.collectors.com/discussion/comment/14114080#Comment_14114080
coming soon to a gold market near you
Understood. Agree, of course, that the astronomical pricing for the Liberty Bell is unrelated to spot.
Exactly! Thank u!! 😊
Ah...TLDR
Then we agree!!!
All comments reflect the opinion of the author, even when irrefutably accurate.
Why not just have a bell that you can ring
Hard to put it in your pocket
All comments reflect the opinion of the author, even when irrefutably accurate.
Even more challenging, hard to slab!
Actually, it's not. They slab toys all the time.
All comments reflect the opinion of the author, even when irrefutably accurate.
HL Mencken, is that you?
HL Mencken, or PT Barnum?
Either one will do
Yes, but not PCGS!
This would be a coin not a toy!
They can use the same case that is used with toys. It's just a bigger version of a slab. Collectors universe includes WATA and PSA. And PCGS banknotes have slabbed bricks of currency.
[Although I know this was only a joke, however...]
All comments reflect the opinion of the author, even when irrefutably accurate.
Does Collectors Universe have a slab that can fit a bell like this? Can you post a photo? I'm genuinely curious.
For example, I've seen kilo slab coins but not from CU yet.
[slabbing toys may have been a joke, but I'm curious if numismatic TPGs actually do this, like for kilo coins or bricks of currency]
Can't tell you how common it is, when it started, or if they are still doing it, but here is an example of a PCGS slabbed 1.0 kilo coin. Note - I have NO association with this listing.
Image Source: https://www.ebay.com/itm/127928906603
Link to PCGS cert verification: https://www.pcgs.com/cert/56841231
Edited to Add: Image of "banknote pack".
Source: https://www.pcgs.com/holders
Sweet! Much thanks! Now just need to see a bell type piece!