@JBK said:
The product description on the mint's website says:
Special offering: 250,000 Semiquincentennial President Donald J. Trump $1 Coins with a special-issue “July 4th” privy mark have been randomly included in the Rolls & Bags. These coins were struck on July 4th.
If, and that's a huge if, the privy coins are only in the rolls and bags and not the ballistic bags and possible rolls offered to banks, then there is nearly a 3% chance of a coin having a privy mark. Or, about 3 coins per bag of 100.
By the way, I do not see the July 4th dollar coin privies as simply concocted collectables. They were struck on July 4th so the privy represents the provenance.
Count me in, I'm only here for the Easter egg hunt.
How do I know if my bags went on backorder, I saw that when checking out, but from the invoice and confirmation email it appear they are in stock when I bought mine.
@LGTheCoinAnalyst said:
Folks, it's time to stop assuming. I personally contacted the USM and was told the Trump dollars are not just being distributed as numismatic products. They are also being distributed through the Fed and the banks, so the mintage will be much more than the 8.75 million going on sale today. And of course finding a privy mark one will be much harder.
The Trump dollars are being distributed through banks. That doesn't mean the privy marks are. The listing suggests they are in the bags and rolls as a "special offer". So, we're not assuming, even though I don't necessarily completely trust the Mint proofreaders.
Totally agree and hope we are correct
I'm also curious about the seeding of them. Since they went to backorder, did they hold coins back to seed them later? Or, did they seed the entire mintage (not just bags and rolls) and just need packaging?
I'm not completely trusting the privy distribution, but I bought some anyway. LOL
I'm feeling like they would be in a hurry to get the 250,000 off their hands and get them out in the initial shipments, BUT, this is the US Mint, so anything could happen.
That was a complete mess. I was stuck in waiting rooms since I started looking 2 hours before release. 30 minutes before release and 20 minute wait times. 15 minutes before release and put in the other room telling me when the release is. Finally at release time, put in new waiting room with an over 1 hour counter. About 30 minutes after release I was finally able to place my order.
With that much site traffic, I was surprised there was any quantity left to add to bag.
I had password issues 😡 and got thrown into the waiting room on my phone when I clicked on the email link to reset a password. So, I just checked out as a guest on my pc.
@LGTheCoinAnalyst said:
Folks, it's time to stop assuming. I personally contacted the USM and was told the Trump dollars are not just being distributed as numismatic products. They are also being distributed through the Fed and the banks, so the mintage will be much more than the 8.75 million going on sale today. And of course finding a privy mark one will be much harder.
The Trump dollars are being distributed through banks. That doesn't mean the privy marks are. The listing suggests they are in the bags and rolls as a "special offer". So, we're not assuming, even though I don't necessarily completely trust the Mint proofreaders.
Totally agree and hope we are correct
I'm also curious about the seeding of them. Since they went to backorder, did they hold coins back to seed them later? Or, did they seed the entire mintage (not just bags and rolls) and just need packaging?
I'm not completely trusting the privy distribution, but I bought some anyway. LOL
I'm feeling like they would be in a hurry to get the 250,000 off their hands and get them out in the initial shipments, BUT, this is the US Mint, so anything could happen.
@goldbuffalo said:
maybe 6100 bags, I refreshed and saw 6100, but then it kicked me out again.
The ATS on those bags dances all around, It's been 6100, then down to 5295 and up again. Now its down to 4200, but when I refreshed, it went right back to 5180
@LGTheCoinAnalyst said:
Folks, it's time to stop assuming. I personally contacted the USM and was told the Trump dollars are not just being distributed as numismatic products. They are also being distributed through the Fed and the banks, so the mintage will be much more than the 8.75 million going on sale today. And of course finding a privy mark one will be much harder.
The Trump dollars are being distributed through banks. That doesn't mean the privy marks are. The listing suggests they are in the bags and rolls as a "special offer". So, we're not assuming, even though I don't necessarily completely trust the Mint proofreaders.
Totally agree and hope we are correct
I'm also curious about the seeding of them. Since they went to backorder, did they hold coins back to seed them later? Or, did they seed the entire mintage (not just bags and rolls) and just need packaging?
I'm not completely trusting the privy distribution, but I bought some anyway. LOL
I'm feeling like they would be in a hurry to get the 250,000 off their hands and get them out in the initial shipments, BUT, this is the US Mint, so anything could happen.
@LGTheCoinAnalyst said:
Folks, it's time to stop assuming. I personally contacted the USM and was told the Trump dollars are not just being distributed as numismatic products. They are also being distributed through the Fed and the banks, so the mintage will be much more than the 8.75 million going on sale today. And of course finding a privy mark one will be much harder.
The Trump dollars are being distributed through banks. That doesn't mean the privy marks are. The listing suggests they are in the bags and rolls as a "special offer". So, we're not assuming, even though I don't necessarily completely trust the Mint proofreaders.
Totally agree and hope we are correct
I'm also curious about the seeding of them. Since they went to backorder, did they hold coins back to seed them later? Or, did they seed the entire mintage (not just bags and rolls) and just need packaging?
I'm not completely trusting the privy distribution, but I bought some anyway. LOL
I'm feeling like they would be in a hurry to get the 250,000 off their hands and get them out in the initial shipments, BUT, this is the US Mint, so anything could happen.
This may be obvious but lets assume that there are 3 privies per bag. We all do not care for the 97 others so deposit at bank / use for FV = 154-97 = 57 for 3 = around $18 for a 250k mintage sitting president issue. I think thats more than fair and a great value! With potential for appreciation
If the distribution of the privies is properly spread out then a privy or two would pay for the entire order, based on current ebay prices. Of course, the prices will trend lower over time, either gradually or precipitously.
@engmtic said:
This may be obvious but lets assume that there are 3 privies per bag. We all do not care for the 97 others so deposit at bank / use for FV = 154-97 = 57 for 3 = around $18 for a 250k mintage sitting president issue. I think thats more than fair and a great value! With potential for appreciation
This was my thinking as well. I ended up buying the rolls too which cost more per coin but wanted to increase the chances of getting some privy coins. I’ll keep the privy coins and deposit the rest probably. I sure hope the description was accurate and the privy coins are only in these offerings.
@engmtic said:
This may be obvious but lets assume that there are 3 privies per bag. We all do not care for the 97 others so deposit at bank / use for FV = 154-97 = 57 for 3 = around $18 for a 250k mintage sitting president issue. I think thats more than fair and a great value! With potential for appreciation
Yes, but based on recent history of the Mint's privy distribution, some people will get fifty privies in a bag, and many more others will get zero.
Superb collections are built more by omission than by addition.
@engmtic said:
This may be obvious but lets assume that there are 3 privies per bag. We all do not care for the 97 others so deposit at bank / use for FV = 154-97 = 57 for 3 = around $18 for a 250k mintage sitting president issue. I think thats more than fair and a great value! With potential for appreciation
I'm just hoping the distribution is across all of today's rolls and bags, I clouding the back order bags.
I finally got in 5min ago and was able to get the rolls. two sets of them. 12:23pm central time. Couldn’t believe it. Tried the bags first but it kept going to pay now but the bag was empty. Happy to have gotten the rolls as I forgot this was happening today.
Comments
Okay, next question, if the privy mark are indeed only in these bags and rolls, does that include the backorder rolls?
Edit to add: sorry @jmlanzaf your post snuck in on me while I was posting this.
well, the 2026 dimes were 4x face
Count me in, I'm only here for the Easter egg hunt.
How do I know if my bags went on backorder, I saw that when checking out, but from the invoice and confirmation email it appear they are in stock when I bought mine.
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This is why I say the mint is a casino, and they lived up to it with these releases. Even the broken website behaves like a casino.
I'm feeling like they would be in a hurry to get the 250,000 off their hands and get them out in the initial shipments, BUT, this is the US Mint, so anything could happen.
@Survivor50
Did the new cloudflare at checkout stop the bots? Or did the bots not come to play for this one?
"The Mint is like a box of Chocolates, you never know what you will get."
I think that, in combination with the HHL and large ATS (128,665 and 36,765) made this very orderly.
:44, USM2401XXX
2 bags, 2 rolls.
That was ridiculous.
fka renman95, Sep 2005, 7,000 posts
That was a complete mess. I was stuck in waiting rooms since I started looking 2 hours before release. 30 minutes before release and 20 minute wait times. 15 minutes before release and put in the other room telling me when the release is. Finally at release time, put in new waiting room with an over 1 hour counter. About 30 minutes after release I was finally able to place my order.
With that much site traffic, I was surprised there was any quantity left to add to bag.
The waiting room is still going strong.
I had password issues 😡 and got thrown into the waiting room on my phone when I clicked on the email link to reset a password. So, I just checked out as a guest on my pc.
What's the limit for rolls and bags?
my buddy wants me to get him some.
Today’s limit is 2 each.
2 of each.
Just went back to look at something. Waiting room is still strong. 43 minute wait currently.
about
96,000 rolls
4100 bags
left
This might be a fun game. Your odds aren't all that bad for a privvy-marked coin. Open them or will you sell the "opportunity"?
maybe 6100 bags, I refreshed and saw 6100, but then it kicked me out again.
The ATS on those bags dances all around, It's been 6100, then down to 5295 and up again. Now its down to 4200, but when I refreshed, it went right back to 5180
SELL! Not sure what would happen up there if you tried to use one.
Use them for tipping people with brightly colored hair and facial piercings.
Hey, they work at the supermarket self-checkout.
This may be obvious but lets assume that there are 3 privies per bag. We all do not care for the 97 others so deposit at bank / use for FV = 154-97 = 57 for 3 = around $18 for a 250k mintage sitting president issue. I think thats more than fair and a great value! With potential for appreciation
If the distribution of the privies is properly spread out then a privy or two would pay for the entire order, based on current ebay prices. Of course, the prices will trend lower over time, either gradually or precipitously.
This was my thinking as well. I ended up buying the rolls too which cost more per coin but wanted to increase the chances of getting some privy coins. I’ll keep the privy coins and deposit the rest probably. I sure hope the description was accurate and the privy coins are only in these offerings.
Yes, but based on recent history of the Mint's privy distribution, some people will get fifty privies in a bag, and many more others will get zero.
Superb collections are built more by omission than by addition.
Last call for bags.
ats 582
I'm just hoping the distribution is across all of today's rolls and bags, I clouding the back order bags.
@jmlanzaf didn't some get distributed at the ANA? or were those all non-privy?
Superb collections are built more by omission than by addition.
Freedom of information act. Try that
Bags done
Bags are Unavailable
83,802 Rolls ATS
I thought the privy discovery coin came from ANA show?
im pretty sure these are from the coin show. maybe i'm wrong.
I finally got in 5min ago and was able to get the rolls. two sets of them. 12:23pm central time. Couldn’t believe it. Tried the bags first but it kept going to pay now but the bag was empty. Happy to have gotten the rolls as I forgot this was happening today.