Medal of Honor Unc Gold now backordered Update- All gold commem $5s are repriced.

kiyote · August 10, 2011 7:56AM

The coins are back after product repricing. Gold Medal of Honor and Army sales were the following as of 8/30. The coins were suspended Aug 12th through August 25th and came back about $100 more per coin.

2011 ARMY COMMEMORATIVE COINS
$5 Gold Proof Sales: 16,151 weekly change + 15
$5 Gold Unc Sales: 7,005 weekly change - 4

2011 MEDAL OF HONOR COMMEMORATIVE COINS
$5 Gold Proof Sales 16,480 weekly change + 9
$5 Gold Unc Sales 7,284 weekly change + 10

fivecents · August 10, 2011 8:01AM

Glad I bought myself a few yeterday.

I guess the US mint is repricing or is it stick a fork in it time?

Coinsponge · August 10, 2011 8:07AM

<< Glad I bought myself a few yeterday.

I guess the US mint is repricing or is it stick a fork in it time? >>

Ask 7/8. Seems to be his forte.

LindeDad · August 10, 2011 8:15AM

Mine arrived yesterday.

kiyote · August 10, 2011 8:37AM

<< Mine arrived yesterday.

>>

How many did ya get? I'm in for.. one.

jessewvu · August 10, 2011 8:42AM

The other commem is available. 444 and not backordered, for the unc

gimli89 · August 10, 2011 8:43AM

Ordered 4 MoH gold uncs yesterday round 1pm EDT. first said on hold cancel box on, early today still on hold but just now cancel box gone and 'Your order request is in process' so looking hopeful.
And thanks to whoever it was who spotted this little find

renman95 · August 10, 2011 8:54AM

<< The other commem is available. 444 and not backordered, for the unc >>

I pulled one today.

MsMorrisine · August 10, 2011 8:59AM

The US Army Commem Unc. $5 has the same price and specifications and is not on backorder (right now.)

greghansen · August 10, 2011 9:01AM

Got one of each a couple weeks back. Thought I might live to regret it, but hard to get hurt on them now with the move in bullion.

itsnotjustme · August 10, 2011 9:06AM

Just made a purchase of both MOH and ARM Uncs. MOH Backordered.

freechance · August 10, 2011 10:49AM

Will they cancel a backordered item order if they raise the price?

itsnotjustme · August 10, 2011 10:52AM

I don't think so. Main "risk" is it gets cancelled as sold out.

Appears the Commems are not repriced actively like the bullion collector coins.

RobertS · August 10, 2011 11:11AM

I placed an order for 4 after it went in back order, should probably stick to the unc army since it did not go on back order yet, Most people seem to prefer the MOH over the Army one.

paladin · August 10, 2011 12:37PM

Ordered Sun, arrived today

Sorry about the size - haven't learned how to reduce these.

Raufus · August 10, 2011 12:52PM

<< I don't think so. Main "risk" is it gets cancelled as sold out.

Appears the Commems are not repriced actively like the bullion collector coins. >>

This would seem to be the case with these, but the Buff and AGEs were repriced. Soon these will be below spot!

coasterfan · August 11, 2011 4:52AM

I ordered two CMH Uncs right after they went on backorder and my order showed as backordered last night. My order now says in stock and reserved and the Cancel button is gone. Perhaps the drop in the spot price of gold caused some cancellations.

Bullsitter · August 11, 2011 6:41AM

Nice photos and a beautiful reverse.......

Bullsitter · August 11, 2011 7:11AM

All Army and MOH coins on hold for repricing.......................

Leonidas · August 11, 2011 7:32AM

<< All Army and MOH coins on hold for repricing.......................

>>

The Mint is so weird. They were backordered earlier.

coasterfan · August 11, 2011 7:47AM

Well that happened without warning.

I have a Medal of Honor Unc still in my shopping cart. Wonder if I should try to checkout.

kiyote · August 11, 2011 8:23AM

What can this mean? We just don't know.

cheezhed · August 11, 2011 8:36AM

The United States Mint has suspended sales of commemorative gold coins for re-pricing.

Due to the current market volatility, we will be placing these coins on a “pricing grid” similar to the structure we use to price America Eagle, American Buffalo and First Spouse gold coins.

A new grid specific to these coins is being developed and will be posted when complete.

coasterfan · August 11, 2011 8:55AM

The price of gold was around $1390 when the Army and CMH coins were likely being priced. So if priced on a pricing grid based on $1750 spot today, I think the new price would be $85 - $90 higher (difference in gold spot price * 0.2418).

OPA · August 11, 2011 10:43AM

<< The price of gold was around $1390 when the Army and CMH coins were likely being priced. So if priced on a pricing grid based on $1750 spot today, I think the new price would be $85 - $90 higher (difference in gold spot price * 0.2418). >>

I would think, it will be priced similar as the 1/4 oz proof AGE: $515...$10 less for the unc.

We did have adequate warning via numerous threads pertaining to the possibility of a repricing, this should not come as a surprise. The only surprise is, why did it take so long and why was it not repriced on Tuesday with the rest of the Mints gold products.

coasterfan · August 11, 2011 11:11AM

<< 

<< The price of gold was around $1390 when the Army and CMH coins were likely being priced. So if priced on a pricing grid based on $1750 spot today, I think the new price would be $85 - $90 higher (difference in gold spot price * 0.2418). >>

I would think, it will be priced similar as the 1/4 oz proof AGE: $515...$10 less for the unc.

We did have adequate warning via numerous threads pertaining to the possibility of a repricing, this should not come as a surprise. The only surprise is, why did it take so long and why was it not repriced on Tuesday with the rest of the Mints gold products. >>

You have to tack on the $35 foundation surcharge which doesn't apply for the AGEs.

Agree it's odd they didn't suspend them on Tuesday.

OPA · August 14, 2011 11:14PM

UPS just dropped off my order....nice looking commems.

pf70collector · August 15, 2011 2:24AM

my MS is crappy sent it back.

coasterfan · August 15, 2011 3:09AM

When I returned my one MOH Unc because it had a ding and black spots, the Mint sent me two of which one was in "a gift for you" box. I thought maybe the Mint was in a generous mood, but no, they charged me for two and credited me for the one returned. I'm not complaining though since I'm happy to now have two at the pre-suspension price.

Raufus · August 15, 2011 1:53PM

I had the same problem with both of my MOH - horrible. Both (+ one Army Unc. w/same problems) went back for replacement today.

Form now on when I buy Mint gold I'm taking the Metro to Union Station and picking them. $23 wasted sending them back today...

pf70collector · August 15, 2011 9:09PM

I agree. Union Station is an hour away for me from Baltimore. Depends how much a want a commem. If they sell the Palladiums next year it will be worth the trip.

derryb · August 15, 2011 9:53PM

<< UPS just dropped off my order....nice looking commems. >>

same here, all of them

TheCoinGeezer · August 15, 2011 10:02PM

<< I had the same problem with both of my MOH - horrible. Both (+ one Army Unc. w/same problems) went back for replacement today.

Form now on when I buy Mint gold I'm taking the Metro to Union Station and picking them. $23 wasted sending them back today... >>

When I returned a proof set for spotting last year, the Mint refunded my return postage.
Don't know if they still do that though.

7Jaguars · August 15, 2011 11:36PM

They may or may not take returns at Union Station regardless of what they say. This "shop" or kiosk many times does not have the issues that we all love that are near and dear to our heart - although I did get fractional buffs there and also the W unc. golds and plats...

Which gets me to thinking, gool ole days were they in '08 as I caught the unc. 1 oz plat for 1050 when the price briefly dipped down!

fivecents · August 15, 2011 11:40PM

My MOH and Army unc $5 coins arrived yesterday. All the coins look good and should MS69 at least.

pf70collector · August 16, 2011 12:31AM

Received my MOH Gold Proof this morning. I am very satisfied with this one. 16K mintage and counting.

kiyote · August 16, 2011 12:51AM

A lotta folks pulled the trigger on these last week!

2011 MEDAL OF HONOR COMMEMORATIVE COINS
$5 Gold Proof 16,493 Weekly change + 338
$5 Gold Uncirculated 7,276 Weekly change + 899

2011 ARMY COMMEMORATIVE COINS
$5 Gold Proof 16,137 weekly change +157
$5 Gold Uncirculated 7,011 weekly change + 748

Bullsitter · August 16, 2011 5:03AM

Wow, thats a huge increase on the uncs.

Gold Buffalos sold over 1,000 last week.......

fivecents · August 16, 2011 6:18AM

<< Wow, thats a huge increase on the uncs. >>

I wonder what percent were purchashed by fellow formites.

edgar · August 16, 2011 6:18AM

""They may or may not take returns at Union Station regardless of what they say. This "shop" or kiosk many times does not have the issues that we all love that are near and dear to our heart - although I did get fractional buffs there and also the W unc. golds and plats...""

Which is why i go to Gallery Place metro instead, 2 blocks up on 9th ST, the kiosk at US Mint HQ, they frequently have a few left when items have gone dark on the the web site. They usually don't stock "limited purchase, household restriction" items unless they become slow sellers, but you can return it there over the counter, no questions asked.

revoldlog · August 16, 2011 11:20PM

Anyone knows when will the sales of 2011 commens end?
Is it by the end of 2011?

7Jaguars · August 17, 2011 2:59AM

Edgar, very good point about going to mint HQ. THanks for that and will try it next time the need arises.

coasterfan · August 17, 2011 3:20AM

<< Anyone knows when will the sales of 2011 commens end?
Is it by the end of 2011? >>

Yes, end of this year.

This is from Michael's blog:

Under the authorizing legislation, sales of the Army and Medal of Honor Commemorative Coins are required to conclude before the end of the year. The US Mint has typically ended sales at a pre-announced date in mid-December.

revoldlog · August 17, 2011 3:54AM

<< 

<< Anyone knows when will the sales of 2011 commens end?
Is it by the end of 2011? >>

Yes, end of this year. >>

Thanks Coasterfan!

renman95 · August 17, 2011 5:26AM

We can only hope that the two Commems will close under 10,000.

droopyd · August 17, 2011 8:26AM

My somewhat distant cousin is getting the real deal next month.

CNN: Marine to receive Medal of Honor next month

Raufus · August 17, 2011 9:13AM

WOW, do you know him well? Incredilbe. What a hero.

droopyd · August 17, 2011 10:01AM

<< WOW, do you know him well? Incredilbe. What a hero. >>

Never met him, he's my first cousin's nephew's grandson.

edgar · August 17, 2011 2:37PM

If you go to Mint HQ kiosk, remember to bring 5s 10s and 20s, they have coin changers for the latest released quarter, presidential dollar and NA dollar. Mixed P & D mints

801 9TH ST NW Mon-Fri only I thing they close at 3:00 or 3:30. (202) 354 6800

I remember UHRs stacked on the counter during their final weeks, wish I would have snagged a couple more

2manycoins2fewfunds · August 17, 2011 9:13PM

With gold well over $1800 this AM looks like Army and MOH are almost certain to reprice at or above $550

Those who bought at $444 are getting close to melt price.

ttown · August 18, 2011 2:32AM

I'm thinking that they will come back at $528. Why? The price of an AGE 1/4 is $528 so they'll have to either reprice it again too or make them the same price. At least that's my guess.

Medal of Honor Unc Gold now backordered Update- All gold commem $5s are repriced.

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