@coiner said:
I kept the convo to the topic. My experiences over many years. I suppose you dont have the track record of experiences or orders on 100's of products with the USM.
Getting into the age thing gets you banned - good luck to you.
Your experiences from 20 years ago have absolutely no link to the reality of today. Hope that helps...
Was not 20 years ago, more like 2 months ago. Happened twice in the last 3 months. Had to wait until received and then return.
You yourself acknowledge:
"The only time you cannot cancel, again, is when the order has moved into preparing for shipping in their backend. When this is the case, the order still shows processing on the consumer-facing site but the rep's cancel button is disabled ....."_
So again - maybe some of you cancelled with some sypathetic customer service agent willing to go the extra mile and check if your order has not been picked and shipping label created.........
Unless you are a USM Customer Service Agent with access to their info - please dont give us specifics of "Cancel Buttons" on their terminals. Im sure they can investigate the order and stage of your order; this is why they are able to cancel some orders and not others.
No hack on my account. I've been here for many years.
Some of our friends love to get the last word. Let them have it. I have enough years in this game to have grown up. Some haven't and will never grow up.
@CoinPhysicist said:
Anyone know how many gold are available? Wonder how many people already cancelled.
Cancellations can't happen while orders are processing. I doubt these are cancellations - most likely credit card issues with the initial sale or addtl inventory not released yesterday.
I guess it's YMMV.
I've called and cancelled TWO seperate orders between last night and this morning that were in "Processing"
It just depends on whether it is in the fulfillment stage or not, which we have pointed out but coiner won't acknowledge.
All comments reflect the opinion of the author, even when irrefutably accurate.
Back to the basics on this thread.
My opinion on the Silver Liberty Bells is to sell them at these levels while you can. Generally, silver medals have not held value very well over time.
The issue with pre-selling at super heated levels on eBay is the risk of getting a "cancellation request" or "refund request" in the period where the pricing fluctuates---generally downward as more and more individuals compete in the "race to the bottom".
If you could sell at slightly lower levels with a strict no return......you are better off.
@CoinPhysicist said:
Anyone know how many gold are available? Wonder how many people already cancelled.
Cancellations can't happen while orders are processing. I doubt these are cancellations - most likely credit card issues with the initial sale or addtl inventory not released yesterday.
I guess it's YMMV.
I've called and cancelled TWO seperate orders between last night and this morning that were in "Processing"
But this isn't possible because Coiner hasn't been able to do it. FAKE!
Or maybe you wept on the phone and the rep felt sorry for you. LOL
I'm still going with "NJ hacked him" 🙂
Nah...NJ would have wriggled out by now with the fulfillment exception that we offered him. Coiner is actually MORE STUBBORN than NJ. (Wow! Who would have thought it?)
All comments reflect the opinion of the author, even when irrefutably accurate.
@coiner said:
Back to the basics on this thread.
My opinion on the Silver Liberty Bells is to sell them at these levels while you can. Generally, silver medals have not held value very well over time.
The issue with pre-selling at super heated levels on eBay is the risk of getting a "cancellation request" or "refund request" in the period where the pricing fluctuates---generally downward as more and more individuals compete in the "race to the bottom".
If you could sell at slightly lower levels with a strict no return......you are better off.
If someone has ATS after noon today (HHL removal contingent) on golds - that would be a good figure to look at.....
Seeing a huge amt of gold available after HHL is removed will be a flashing warning sign (not to mention its already on pre-warning)
@CoinPhysicist said:
Anyone know how many gold are available? Wonder how many people already cancelled.
Cancellations can't happen while orders are processing. I doubt these are cancellations - most likely credit card issues with the initial sale or addtl inventory not released yesterday.
I guess it's YMMV.
I've called and cancelled TWO seperate orders between last night and this morning that were in "Processing"
But this isn't possible because Coiner hasn't been able to do it. FAKE!
Or maybe you wept on the phone and the rep felt sorry for you. LOL
Yes, I cried like a little baby and explained how my buyer pulled out on me after I had already made purchases for them!
I then further cried and explained how my credit cards were now maxed out and I would not be able to take my trip to Aruba this weekend with the loss of the Flip Bonus...and all of those lost airline and hotel miles for my next Paris trip.
She told me, that she was just a poor CSR but that she yearned for my credit card limit and would grant me a one time exemption to their policy - as she reminded me that she could get in a lot of trouble; as clearly I should have known that there was no cancelling a Mint Order once it was showing in Processing. But, my sob story brought a tear to her eye, so I was getting a special, one-time break...
Thank-Goodness for those sympatric US Mint CSR's!!
@coiner said:
Try it lately? The USM will not cancel orders that are in Processing stage.
100% wrong.
My subscription for 2026 unc sets was in processing. 5 days prior to sale date talked to mint and requested cancellation which they agreed to. Immediately received email about update to my account. Following week package was on doorstep. No email about shipping. Return label was easy and returned following day. Transaction posted to my credit card day after received.
Only time to request a cancel, only time to return.
@coiner said:
Back to the basics on this thread.
My opinion on the Silver Liberty Bells is to sell them at these levels while you can. Generally, silver medals have not held value very well over time.
Generally, silver medals are minted in much larger quantities and have terrible subject matter. I don't know if the same logic applies this time.
@coiner said:
Back to the basics on this thread.
My opinion on the Silver Liberty Bells is to sell @Liquidated said: @IAK said:
@coiner said:
Try it lately? The USM will not cancel orders that are in Processing stage.
100% wrong.
My subscription for 2026 unc sets was in processing. 5 days prior to sale date talked to mint and requested cancellation which they agreed to. Immediately received email about update to my account. Following week package was on doorstep. No email about shipping. Return label was easy and returned following day. Transaction posted to my credit card day after received.
Only time to request a cancel, only time to return.
He is not 100% wrong.
He said that you cannot EVER cancel an order in processing. That is 100% wrong.
He also said that the 700 gold coins could not be cancelations for that reason. Also 100% wrong.
There are times you can't cancel, when it's already in fulfillment. Several of us pointed out the difference, he told us that we were wrong or that we got special treatment.
[Not that it's worth debating this forever.]
All comments reflect the opinion of the author, even when irrefutably accurate.
@coiner said:
Remember - the big boys arent in this item to any extent.
Do they enter the gold arena after HHL are removed? Maybe not.
Actually, I'm not so sure about that. I didn't think they would get involved, due to the hyper low mintages, but it more and more looks like they are the bids behind the silver.
As for gold, it just appears that they are too expensive from the Mint to provide the required juice for the Big Boys. If something with basically no intrinsic value can be sold for ~$3-5K, that implies that something with the same mintage, and $2-4K of intrinsic value will be able to be sold for $5-9K. Maybe less, due to the higher gross pricing.
When dealers saw this yesterday, I'm pretty sure it's why they backed away from their gold bids.
And why they won't sell out today when the HHL is lifted. In fact, more will be going back to the Mint over the next few weeks as people who take delivery realize they have very expensive dogs on their hands and send them back.
People who actually want any of these are far and few between. Dealers are supporting the market, because they are thinking, rightly or wrongly, that they will be able to sell the silver medals at a profit. No such thought with the gold at the same mintage, and pricing for the gold from the Mint already higher than what the silver implies they will be able to get for the gold.
Notice that people starting canceling yesterday as soon as dealer bids disappeared. No one actually bought them to keep.
@coiner said:
Back to the basics on this thread.
My opinion on the Silver Liberty Bells is to sell @Liquidated said: @IAK said:
@coiner said:
Try it lately? The USM will not cancel orders that are in Processing stage.
100% wrong.
My subscription for 2026 unc sets was in processing. 5 days prior to sale date talked to mint and requested cancellation which they agreed to. Immediately received email about update to my account. Following week package was on doorstep. No email about shipping. Return label was easy and returned following day. Transaction posted to my credit card day after received.
Only time to request a cancel, only time to return.
He is not 100% wrong.
[Not that it's worth debating this forever.]
Since when has that stopped anyone on these Mint threads?
I then further cried and explained how my credit cards were now maxed out and I would not be able to take my trip to Aruba this weekend with the loss of the Flip Bonus...and all of those lost airline and hotel miles for my next Paris trip.
>
Aruba is a nice relaxing place. Take some time and rest your brain.
@coiner said:
Back to the basics on this thread.
My opinion on the Silver Liberty Bells is to sell @Liquidated said: @IAK said:
@coiner said:
Try it lately? The USM will not cancel orders that are in Processing stage.
100% wrong.
My subscription for 2026 unc sets was in processing. 5 days prior to sale date talked to mint and requested cancellation which they agreed to. Immediately received email about update to my account. Following week package was on doorstep. No email about shipping. Return label was easy and returned following day. Transaction posted to my credit card day after received.
Only time to request a cancel, only time to return.
He is not 100% wrong.
He said that you cannot EVER cancel an order in processing. That is 100% wrong.
He also said that the 700 gold coins could not be cancelations for that reason. Also 100% wrong.
There are times you can't cancel, when it's already in fulfillment. Several of us pointed out the difference, he told us that we were wrong or that we got special treatment.
[Not that it's worth debating this forever.]
You have failed to grasp this: Mint said was cancelled. It was not cancelled
We will know more at noon - if the HHL are removed.
If we see another run on the gold - it is a good sign - to unavailable status.
If not - not a very good long term sign.
Maybe the mint director will just throw in a 2,026 mintage unique ASE for gold buyers........boy that would p'o everyone off
@coiner said:
Back to the basics on this thread.
My opinion on the Silver Liberty Bells is to sell them at these levels while you can. Generally, silver medals have not held value very well over time.
Generally, silver medals are minted in much larger quantities and have terrible subject matter. I don't know if the same logic applies this time.
This one has good subject matter, low mintage, poor execution and preposterous pricing. Time will tell. I hope that all who got them hit it out of the park once the dust settles. Hope it's not just a race to the bottom.
For those who actually want one to collect and not flip (how many does that apply to?) I'm sorry you had to pay so much or got shut out by the vast majority, who are flippers.
@NJCoin said:
No one actually bought them to keep.
Keep saying the same thing, but the evidence says otherwise. I would post facts, but you won't accept them, so i won't bother.
And who canceled on the silver?
Never mind, you don't know.
No one canceled the silver. They flipped them. I'm quite sure very few kept them.
No gold flip, so they all go back. The ATS number for the gold was pretty high this morning, and they are not done yet.
What evidence? Let's wait and see what sells out at noon today. Don't hold your breath.
What facts? You posted a bunch of eBay screen shot so-called facts before launch.
I told you they were all fiction. Turns out the pricing was low, not high. You think a single person who thought they locked in an attractive price will actually be receiving anything other than a refund?
That's the very definition of a fictitious sale. Facts.
Agreed.
I think the USM failed miserably on this one.
For one - they cannabalized their own (Gold) product offering with the Silver in the same design; shape; mintage level at a much lower price point (even though that was a stupid price as well) on the same day.
Yes--Yes ---I know its a medal and not a coin......but if someone wants the same design they get it for $750.
They also did not need the Gold 1/2 oz.....$125 denominated coin (again----apart from the subject matter....125? 250 is more significant.
They should have went with a mintage of 250 on the Gold Oz.
@Raufus said:
For those who actually want one to collect and not flip (how many does that apply to?) I'm sorry you had to pay so much or got shut out by the vast majority, who are flippers.
I wanted one Silver for my collection but I got shutout. I'll keep trying in the morning, but I think my chances are nil at this point...
As of 2 minutes ago the mint still has 188 of the 1/2 oz gold bell and 562 of the 1 oz available to sell. That is actually faster than I though those would go at those premiums to spot gold. Perhaps some of you will delay that Aruba vacation to own a little gold bell?
@NJCoin said:
So how are your gold coins doing today? Hindenburg II is doing just fine, thanks.
You cannot recover ever after the silver Liberty bells have taken flight now, and you have crashed.
It is interesting that they still have the HHL of 1 up, it is always random with the mint. This is actually good for these as it distributes them even more. And weak hands sold or got cancelled.
True collectors have a chance for gold at mint issue, many who pre-ordered are unhappy now.
The big dealers may have expected this. They are not as dumb as you think.
The mint showed the world the power they have here. Your way bombed, this new way worked.
Not sure what genius dealer expected anything, given how many pulled bids shortly after noon yesterday. They are also not as smart as you think. They just play with a deck stacked in their favor.
As for unhappy gold buyers who pre-ordered, if they were real, and not shills, they got exactly what they deserved, given that they would have received nothing if it went the other way for them, as undoubtedly happened with the silver pre-sale buyers.
Because, as I said, repeatedly, pre-sales on things like this from sellers with low feedback are nothing but one way options to the sellers. Assuming, of course, that eBay does not allow the buyers to back out.
They simply overpriced the premium. At most, it should have been comparable to current V75 privy pricing, since that is probably the best benchmark.
That said, I genuinely hate this new U.S. Mint policy of moving into the flipper space. Part of that is selfish, of course if the Mint captures the resale premium itself, there is less opportunity for collectors and resellers to do so. I am not going to deny that.
But the more fundamental problem is that it dilutes the brand. There is a certain purity when a company produces a product, earns a fair profit, and then allows a secondary market to develop naturally if demand exceeds supply. When the original issuer deliberately creates the scarcity and then directly capitalizes on that same scarcity, the entire process starts to feel artificial and tainted. Imagine the NYK charging 50k a seat for the NBA Finals tickets, or Taylor Swift initially charging 5k a ticket? People would take to the streets. And somehow the US Gov't. is doing this???
I am not looking back at the old system through rose-colored glasses, but this new approach genuinely feels like a new low.
@NJCoin said:
The golds are dead. They will be available tomorrow, and probably every day thereafter.
Because people were buying them to flip, not keep. And it turns out that there is no flip.
Silver is another story, because there is a flip. TBD how many come back due to Mint cancellations, but they will go fast as long as there is a flip.
You went down like the Hindenburg, and this is your second crash.
You will have silver Liberty bells ringing in your ears forever.
So how are your gold coins doing today? Hindenburg II is doing just fine, thanks.
You can try to turn this any way you can but it’s still a fail for you. You didn’t think silvers would sell out or be worth more than mint price. Almost everyone else did. People were 50/50 on the golds since they were so crazy priced and that’s still to be determined long term. But an utter failure on your silver prediction.
If I have any faith in the secondary market on the golds - it would be with the one oz. $250 denom. A coin. First of it's kind. 250th Anniversary.
I tend to view the 1/2 oz as its annoying little brother (or sister). $125 denom - no significance but same design, slightly smaller in size it appears
@coiner said:
The only issue is - the Silver is a MEDAL.
Medals dont typically do well long term.
Agreed. Collectors will often buy coins to be “complete”, but rarely feel they need to own the medals.
It will be interesting to see if the Red Book lists the medals. Also interesting to see if the success of the silver medals leads to more offerings of similar things.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
@coiner said:
Back to the basics on this thread.
My opinion on the Silver Liberty Bells is to sell @Liquidated said: @IAK said:
@coiner said:
Try it lately? The USM will not cancel orders that are in Processing stage.
100% wrong.
My subscription for 2026 unc sets was in processing. 5 days prior to sale date talked to mint and requested cancellation which they agreed to. Immediately received email about update to my account. Following week package was on doorstep. No email about shipping. Return label was easy and returned following day. Transaction posted to my credit card day after received.
Only time to request a cancel, only time to return.
He is not 100% wrong.
He said that you cannot EVER cancel an order in processing. That is 100% wrong.
He also said that the 700 gold coins could not be cancelations for that reason. Also 100% wrong.
There are times you can't cancel, when it's already in fulfillment. Several of us pointed out the difference, he told us that we were wrong or that we got special treatment.
[Not that it's worth debating this forever.]
You have failed to grasp this: Mint said was cancelled. It was not cancelled
I fully grasped that. That in no way makes coiner right. No one said you can "always" cancel, or that the Mint was perfect. But the rest of us on this thread canceled and it did cancel. Coiner is somehow denying that is a thing.
All comments reflect the opinion of the author, even when irrefutably accurate.
@engmtic said:
They simply overpriced the premium. At most, it should have been comparable to current V75 privy pricing, since that is probably the best benchmark.
That said, I genuinely hate this new U.S. Mint policy of moving into the flipper space. Part of that is selfish, of course if the Mint captures the resale premium itself, there is less opportunity for collectors and resellers to do so. I am not going to deny that.
But the more fundamental problem is that it dilutes the brand. There is a certain purity when a company produces a product, earns a fair profit, and then allows a secondary market to develop naturally if demand exceeds supply. When the original issuer deliberately creates the scarcity and then directly capitalizes on that same scarcity, the entire process starts to feel artificial and tainted. Imagine the NYK charging 50k a seat for the NBA Finals tickets, or Taylor Swift initially charging 5k a ticket? People would take to the streets. And somehow the US Gov't. is doing this???
I am not looking back at the old system through rose-colored glasses, but this new approach genuinely feels like a new low.
Hard to say they overpriced the premium when the silvers all sold out - and are selling for 4x to 8x the issue price - and the gold also sold out. Seems like they got it just about right on the gold, it struggled but eventually sold out, and they were too cheap on the silver.
All comments reflect the opinion of the author, even when irrefutably accurate.
@NJCoin said:
The golds are dead. They will be available tomorrow, and probably every day thereafter.
Because people were buying them to flip, not keep. And it turns out that there is no flip.
Silver is another story, because there is a flip. TBD how many come back due to Mint cancellations, but they will go fast as long as there is a flip.
You went down like the Hindenburg, and this is your second crash.
You will have silver Liberty bells ringing in your ears forever.
So how are your gold coins doing today? Hindenburg II is doing just fine, thanks.
You can try to turn this any way you can but it’s still a fail for you. You didn’t think silvers would sell out or be worth more than mint price. Almost everyone else did. People were 50/50 on the golds since they were so crazy priced and that’s still to be determined long term. But an utter failure on your silver prediction.
Correct. I was wrong on the silver. Thus far.
I still don't see the value, but the market disagrees. But I am as right about the gold as you are about the silver. You can't have it both ways. If gold is "still to be determined long term," so is silver.
And, I've got news for you -- it's much more likely that silver falls back to Earth once the fever breaks than gold rises Phoenix like from the ashes of the massive returns to the Mint.
The simple fact is still that I don't see anyone clamoring for the silver for any reason other than to flip it. It appears that dealers are behind most of the bids. Their abandoning their gold bids is why gold is acting the way that it is.
So, while there is nothing to support your TBD on gold, silver's value is going to rely on the Big Boys' ability to push it out the door at inflated prices. No doubt they are good at what they do, so I can't discount what we are all currently seeing, but there is still a question as to whether retail is going support this when it comes to market in a few weeks. That is "TBD."
No one was "50/50" on anything. People were encouraged by buyers clubs to take shots on the Mint's dime. Which is why everything sold out within a half hour.
Gold bids didn't hold, so gold orders were canceled. Silver bids remain strong, so the bots won on them.
Very, very few bought for themselves. Very, very few see value.
In a half ounce of silver at $750 or $3K, a half ounce of gold at $5K, or a full ounce of gold at $10K. Except dealers, who apparently feel they can market 2,026 of anything at a price in excess of $3K. That explains the bid. TBD where the market settles when these show up on TV for $5K, or whatever.
In the meantime, please feel free to keep browbeating me over silver while being in denial about gold. It's a very attractive look. I've got no problem admitting when I am wrong. Can you honestly say the same?
Comments
Was not 20 years ago, more like 2 months ago. Happened twice in the last 3 months. Had to wait until received and then return.
You yourself acknowledge:
"The only time you cannot cancel, again, is when the order has moved into preparing for shipping in their backend. When this is the case, the order still shows processing on the consumer-facing site but the rep's cancel button is disabled ....."_
So again - maybe some of you cancelled with some sypathetic customer service agent willing to go the extra mile and check if your order has not been picked and shipping label created.........
Unless you are a USM Customer Service Agent with access to their info - please dont give us specifics of "Cancel Buttons" on their terminals. Im sure they can investigate the order and stage of your order; this is why they are able to cancel some orders and not others.
No hack on my account. I've been here for many years.
Some of our friends love to get the last word. Let them have it. I have enough years in this game to have grown up. Some haven't and will never grow up.
It just depends on whether it is in the fulfillment stage or not, which we have pointed out but coiner won't acknowledge.
All comments reflect the opinion of the author, even when irrefutably accurate.
Back to the basics on this thread.
My opinion on the Silver Liberty Bells is to sell them at these levels while you can. Generally, silver medals have not held value very well over time.
The issue with pre-selling at super heated levels on eBay is the risk of getting a "cancellation request" or "refund request" in the period where the pricing fluctuates---generally downward as more and more individuals compete in the "race to the bottom".
If you could sell at slightly lower levels with a strict no return......you are better off.
Nah...NJ would have wriggled out by now with the fulfillment exception that we offered him. Coiner is actually MORE STUBBORN than NJ. (Wow! Who would have thought it?)
All comments reflect the opinion of the author, even when irrefutably accurate.
Agree with you on this.
Phew.
The real coiner is back!
Both Gold still.........
If someone has ATS after noon today (HHL removal contingent) on golds - that would be a good figure to look at.....
Seeing a huge amt of gold available after HHL is removed will be a flashing warning sign (not to mention its already on pre-warning)
Bless those that bought the gold. You are true Patriots.
Remember - the big boys arent in this item to any extent.
Do they enter the gold arena after HHL are removed? Maybe not.
I enjoy coinnews posts:
https://www.coinnews.net/2026/07/16/mint-launches-liberty-bell-shaped-gold-coins/?
And I got in an hour wait room. I just wanted to check my account, so I went to costco instead.
Yes, I cried like a little baby and explained how my buyer pulled out on me after I had already made purchases for them!
I then further cried and explained how my credit cards were now maxed out and I would not be able to take my trip to Aruba this weekend with the loss of the Flip Bonus...and all of those lost airline and hotel miles for my next Paris trip.
She told me, that she was just a poor CSR but that she yearned for my credit card limit and would grant me a one time exemption to their policy - as she reminded me that she could get in a lot of trouble; as clearly I should have known that there was no cancelling a Mint Order once it was showing in Processing. But, my sob story brought a tear to her eye, so I was getting a special, one-time break...
Thank-Goodness for those sympatric US Mint CSR's!!
BST references available on request
My subscription for 2026 unc sets was in processing. 5 days prior to sale date talked to mint and requested cancellation which they agreed to. Immediately received email about update to my account. Following week package was on doorstep. No email about shipping. Return label was easy and returned following day. Transaction posted to my credit card day after received.
Only time to request a cancel, only time to return.
He is not 100% wrong.
The Gold half and whole are available right now at US Mint
Generally, silver medals are minted in much larger quantities and have terrible subject matter. I don't know if the same logic applies this time.
So how are your gold coins doing today? Hindenburg II is doing just fine, thanks.
He said that you cannot EVER cancel an order in processing. That is 100% wrong.
He also said that the 700 gold coins could not be cancelations for that reason. Also 100% wrong.
There are times you can't cancel, when it's already in fulfillment. Several of us pointed out the difference, he told us that we were wrong or that we got special treatment.
[Not that it's worth debating this forever.]
All comments reflect the opinion of the author, even when irrefutably accurate.
Actually, I'm not so sure about that. I didn't think they would get involved, due to the hyper low mintages, but it more and more looks like they are the bids behind the silver.
As for gold, it just appears that they are too expensive from the Mint to provide the required juice for the Big Boys. If something with basically no intrinsic value can be sold for ~$3-5K, that implies that something with the same mintage, and $2-4K of intrinsic value will be able to be sold for $5-9K. Maybe less, due to the higher gross pricing.
When dealers saw this yesterday, I'm pretty sure it's why they backed away from their gold bids.
And why they won't sell out today when the HHL is lifted. In fact, more will be going back to the Mint over the next few weeks as people who take delivery realize they have very expensive dogs on their hands and send them back.
People who actually want any of these are far and few between. Dealers are supporting the market, because they are thinking, rightly or wrongly, that they will be able to sell the silver medals at a profit. No such thought with the gold at the same mintage, and pricing for the gold from the Mint already higher than what the silver implies they will be able to get for the gold.
Notice that people starting canceling yesterday as soon as dealer bids disappeared. No one actually bought them to keep.
Since when has that stopped anyone on these Mint threads?
chopmarkedtradedollars.com
>
Aruba is a nice relaxing place. Take some time and rest your brain.
You have failed to grasp this: Mint said was cancelled. It was not cancelled
We will know more at noon - if the HHL are removed.
If we see another run on the gold - it is a good sign - to unavailable status.
If not - not a very good long term sign.
Maybe the mint director will just throw in a 2,026 mintage unique ASE for gold buyers........boy that would p'o everyone off
Add to bag. Yea, right! Lol. I can't believe the absurdity every time I see these prices.
I dont think we had a forum member who confirmed they snagged a silver yesterday?
wow both golds are back up? no silver available though.
This one has good subject matter, low mintage, poor execution and preposterous pricing. Time will tell. I hope that all who got them hit it out of the park once the dust settles. Hope it's not just a race to the bottom.
For those who actually want one to collect and not flip (how many does that apply to?) I'm sorry you had to pay so much or got shut out by the vast majority, who are flippers.
No one canceled the silver. They flipped them. I'm quite sure very few kept them.
No gold flip, so they all go back. The ATS number for the gold was pretty high this morning, and they are not done yet.
What evidence? Let's wait and see what sells out at noon today. Don't hold your breath.
What facts? You posted a bunch of eBay screen shot so-called facts before launch.
I told you they were all fiction. Turns out the pricing was low, not high. You think a single person who thought they locked in an attractive price will actually be receiving anything other than a refund?
That's the very definition of a fictitious sale. Facts.
Agreed.
I think the USM failed miserably on this one.
For one - they cannabalized their own (Gold) product offering with the Silver in the same design; shape; mintage level at a much lower price point (even though that was a stupid price as well) on the same day.
Yes--Yes ---I know its a medal and not a coin......but if someone wants the same design they get it for $750.
They also did not need the Gold 1/2 oz.....$125 denominated coin (again----apart from the subject matter....125? 250 is more significant.
They should have went with a mintage of 250 on the Gold Oz.
I wanted one Silver for my collection but I got shutout. I'll keep trying in the morning, but I think my chances are nil at this point...
The 1 oz $250 Gold at 2,026 pieces should have been priced in the $6,000-$7,000 range.
As of 2 minutes ago the mint still has 188 of the 1/2 oz gold bell and 562 of the 1 oz available to sell. That is actually faster than I though those would go at those premiums to spot gold. Perhaps some of you will delay that Aruba vacation to own a little gold bell?
Not sure what genius dealer expected anything, given how many pulled bids shortly after noon yesterday. They are also not as smart as you think. They just play with a deck stacked in their favor.
As for unhappy gold buyers who pre-ordered, if they were real, and not shills, they got exactly what they deserved, given that they would have received nothing if it went the other way for them, as undoubtedly happened with the silver pre-sale buyers.
Because, as I said, repeatedly, pre-sales on things like this from sellers with low feedback are nothing but one way options to the sellers. Assuming, of course, that eBay does not allow the buyers to back out.
They simply overpriced the premium. At most, it should have been comparable to current V75 privy pricing, since that is probably the best benchmark.
That said, I genuinely hate this new U.S. Mint policy of moving into the flipper space. Part of that is selfish, of course if the Mint captures the resale premium itself, there is less opportunity for collectors and resellers to do so. I am not going to deny that.
But the more fundamental problem is that it dilutes the brand. There is a certain purity when a company produces a product, earns a fair profit, and then allows a secondary market to develop naturally if demand exceeds supply. When the original issuer deliberately creates the scarcity and then directly capitalizes on that same scarcity, the entire process starts to feel artificial and tainted. Imagine the NYK charging 50k a seat for the NBA Finals tickets, or Taylor Swift initially charging 5k a ticket? People would take to the streets. And somehow the US Gov't. is doing this???
I am not looking back at the old system through rose-colored glasses, but this new approach genuinely feels like a new low.
You can try to turn this any way you can but it’s still a fail for you. You didn’t think silvers would sell out or be worth more than mint price. Almost everyone else did. People were 50/50 on the golds since they were so crazy priced and that’s still to be determined long term. But an utter failure on your silver prediction.
Yes we know, ad infinitum.
If the silver had been struck as coins, they likely would have charged $2500 based on the gold. Since they were a medal, they only went with $750.
Most gold buyers will want a silver, so there is extra demand.
Ebay sales are almost $4000 for silver.
Flowing Hair silver medal privy repeat, like many predicted (and were laughed at).
HHL remains 1 at 12:01
ATS at Noon was (approximately)
556 - 1 oz
175 - 1/2 oz
But within a couple of minutes it looked like someone (or multiple people) purchased a total of 100 of each as ATS dropped about 100 on each coin
Now 1/2 oz is gone
OK HHL is off.
1/2 oz is unavailable.
1 oz is probably following next
Keep the updates of ATS every so often over the next hour
Goodbye everyone, I am leaving for good. I got a warning so will not be posting here again. Thank you all for the enjoyment.
1/2 showing gone again
If I have any faith in the secondary market on the golds - it would be with the one oz. $250 denom. A coin. First of it's kind. 250th Anniversary.
I tend to view the 1/2 oz as its annoying little brother (or sister). $125 denom - no significance but same design, slightly smaller in size it appears
Agreed. Collectors will often buy coins to be “complete”, but rarely feel they need to own the medals.
It will be interesting to see if the Red Book lists the medals. Also interesting to see if the success of the silver medals leads to more offerings of similar things.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Hang in there HalfDime......stick with us....
Is anyone's order showing anything other than processing?
I fully grasped that. That in no way makes coiner right. No one said you can "always" cancel, or that the Mint was perfect. But the rest of us on this thread canceled and it did cancel. Coiner is somehow denying that is a thing.
All comments reflect the opinion of the author, even when irrefutably accurate.
A warning isn't a ban. Just stop doing whatever got you the warning.
All comments reflect the opinion of the author, even when irrefutably accurate.
Hard to say they overpriced the premium when the silvers all sold out - and are selling for 4x to 8x the issue price - and the gold also sold out. Seems like they got it just about right on the gold, it struggled but eventually sold out, and they were too cheap on the silver.
All comments reflect the opinion of the author, even when irrefutably accurate.
Correct. I was wrong on the silver. Thus far.
I still don't see the value, but the market disagrees. But I am as right about the gold as you are about the silver. You can't have it both ways. If gold is "still to be determined long term," so is silver.
And, I've got news for you -- it's much more likely that silver falls back to Earth once the fever breaks than gold rises Phoenix like from the ashes of the massive returns to the Mint.
The simple fact is still that I don't see anyone clamoring for the silver for any reason other than to flip it. It appears that dealers are behind most of the bids. Their abandoning their gold bids is why gold is acting the way that it is.
So, while there is nothing to support your TBD on gold, silver's value is going to rely on the Big Boys' ability to push it out the door at inflated prices. No doubt they are good at what they do, so I can't discount what we are all currently seeing, but there is still a question as to whether retail is going support this when it comes to market in a few weeks. That is "TBD."
No one was "50/50" on anything. People were encouraged by buyers clubs to take shots on the Mint's dime. Which is why everything sold out within a half hour.
Gold bids didn't hold, so gold orders were canceled. Silver bids remain strong, so the bots won on them.
Very, very few bought for themselves. Very, very few see value.
In a half ounce of silver at $750 or $3K, a half ounce of gold at $5K, or a full ounce of gold at $10K. Except dealers, who apparently feel they can market 2,026 of anything at a price in excess of $3K. That explains the bid. TBD where the market settles when these show up on TV for $5K, or whatever.
In the meantime, please feel free to keep browbeating me over silver while being in denial about gold. It's a very attractive look. I've got no problem admitting when I am wrong. Can you honestly say the same?