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Topic Title: APMEX is selling the 5oz ATB coins right now - $1,395 per 5 coin set - SOLD OUT - MTB SELLING ON eBAY $1025 - 3/27/11
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Created On: 12/3/2010 4:15 PM
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 12/3/2010 4:15 PM
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jessewvu
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$1395 a set

Updated 3/26/2011
MTB is selling these directly on eBay, $1025 each!
link to eBay MTB Sales

Updated 2/25/2011
PCGS is now grading these DMPL along the lines with what NGC has been doing.

Updated 1/27/2011
PCGS First Strike Coin numbers for submission purposes.

505100 2010 25C Hot Springs NP 5 oz Silver - First Strike MS
505101 2010 25C Yellowstone NP 5 oz Silver - First Strike MS
505102 2010 25C Yosemite NP 5 oz Silver - First Strike MS
505103 2010 25C Grand Canyon NP 5 oz Silver - First Strike MS
505104 2010 25C Mount Hood NP 5 oz Silver - First Strike MS

Updated 1/12/2011
Here are the grades a buddy and I got on our sets. I don't think they are good or if I should be happy.

1 1 505100 2010 25C Hot Springs NP - 5 Ounces Silver US MS66
1 2 505100 2010 25C Hot Springs NP - 5 Ounces Silver US MS69
2 1 505101 2010 25C Yellowstone NP - 5 Ounces Silver US MS68
2 2 505101 2010 25C Yellowstone NP - 5 Ounces Silver US MS67
3 1 505102 2010 25C Yosemite NP - 5 Ounces Silver US MS67
3 2 505102 2010 25C Yosemite NP - 5 Ounces Silver US MS68
4 1 505103 2010 25C Grand Canyon NP - 5 Ounces Silver US MS68
4 2 505103 2010 25C Grand Canyon NP - 5 Ounces Silver US MS68
5 1 505104 2010 25C Mount Hood NF - 5 Ounces Silver US MS65
5 2 505104 2010 25C Mount Hood NF - 5 Ounces Silver US MS69

Updated 12/28/2010

Below are the AP's:

A-Mark Precious Metals - http://www.amark.com/
American Precious Metals Exchange, Inc. - http://www.apmex.com/
Coins N' Things of Massachusetts (not canada) - http://atb.cntofma.com/
Dillon Gage Inc. - http://www.dillongage.com/
FideliTrade - http://www.fidelitrade.com/
Jack Hunt Coin Broker - http://www.jackhunt.com/
MTB - http://www.mtbcoins.com/
Prudential Securities Inc. - New York, NY (212) 778-6667
The Gold Center - Springfield, IL (217) 793-8002
PCGS has confirmed they are now grading and encapsulating these coins without delay.

Updated 12/14/2010

So, no more than 10% markup, 1 per household, and all must be made available immediately to public.

Wall Street Journal Article
 12/3/2010 4:18 PM
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Tdec1000
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Seems awfully high for 700.00 worth of melt.

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 12/3/2010 4:19 PM
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GRANDAM
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$55.80 / oz plus shipping

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GrandAm
 12/3/2010 4:20 PM
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jessewvu
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yeah, but i think they will be hot hot hot. Jump in and join the club.

The bullion dealers are making a killing, that's for sure.
 12/3/2010 4:21 PM
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scotty1419
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I'm glad the one I truly want doesnt come out for a few years until all this settles. These premiums are a joke.
 12/3/2010 4:21 PM
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Tdec1000
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I was just trying to figure it out. What a f&@$ing ripoff!!!

I won't be buying one! Makes the Aussie hockeypucks even more inviting!

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Awarded the coveted "You Suck" Award on 22 Oct 2010 for finding a 1942/1 D Dime in silver, and on 7 Feb 2011 Cherrypicking a 1914 MPL Cent on Ebay!

Successful BST Transactions!SIconbuster, Meltdown, Mission16, slothman2000, RGjohn, braddick, au58lover, allcoinsrule, commemdude, gerard, lablade, PCcoins, greencopper, kaz, tydye, cucamongacoin, mkman123, SeaEaglecoins, Doh!, AnkurJ, Airplanenut, ArizonaJack, JJM,Tee135,LordMarcovan, Swampboy, piecesofme, Ahrensdad,
 12/3/2010 4:31 PM
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tincup
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I think it's time the US Mint reconsiders how they are doing this distribution thing. Distributors selling at nearly double melt somehow does not seem to be the original intent on how the system was set up. I thought the intent was for the distributors to resell at reasonable levels.......

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----- kj
 12/3/2010 4:32 PM
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tincup
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These may be 'hot' items.... but I think I'm going to pass on this game.

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----- kj
 12/3/2010 4:33 PM
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JapanJohn
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<< Seems awfully high for 700.00 worth of melt. >>



My thoughts exactly. I was going to buy the 5 coin set and then I saw the price. The secondary market for these will either go crazy or as you pointed out end up being worth $700 melt.

I'd have paid $900 or so or maybe a little more. I'm going to end up passing on these, which of course means they'll sell for moon money in the near future.

John

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 12/3/2010 4:36 PM
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puritan9
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I decided to buy a set. Who knows what the price of silver will be next year the way it is going today. I'm only buying these and this is the end of it.
 12/3/2010 4:38 PM
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NitroCruiser
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How disappointing. Betcha the Mint is kicking themselves for not being the sole source for this massive gouge.
 12/3/2010 4:39 PM
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smokincoin
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EDITED 1/23/11: 332 pages and 6,626 posts to this thread...

All the BS associated with these, and this thread in particular, has killed every ounce of interest I ever had in them! The title should include "FLIPPER" in some way or another!

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BST items for sale
 12/3/2010 4:39 PM
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tahoe98
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...i saw an ad in NN for these side by side slabbed with the regular size from NGC. WOW that thing was huge!!

just imagine the album size.

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"government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
 12/3/2010 4:41 PM
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blue594
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I have to admit that I am pretty pissed off. The Bullion distribution system was not set up so that a handful of companies could make an exorbitant profit on the exclusivity that the mint granted them. It was not supposed to be a government sanctioned ripoff of the people. I was expecting, and willing, to pay a premium, but not almost double spot. That actually goes against the wording of the bullion distribution system. BS. BS. BS.

John

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Successful BSTs with lordmarcovan, pontiacinf, Harry779, ajia, jfoot13, coinfame, Hammered54, fivecents, Coll3ctor, al410, commoncents123.
 12/3/2010 4:42 PM
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19Lyds
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Gosh! Only $279 each?



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I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.

The name is LEE!
 12/3/2010 4:43 PM
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relicsncoins
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I think I'll wait for Ebay.

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Currently have a bunch of different Anacs certificate type coins, if you have any and are willing to sell, please PM me.


Current Ebay auctions
 12/3/2010 4:43 PM
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TomB
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This is a higher price than most of us would have expected, but does it say anywhere what the Mint charges the distributors for these rounds?

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In honor of the memory of Cpl. Michael E. Thompson
 12/3/2010 4:45 PM
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MsMorrisine
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<< This is a higher price than most of us would have expected, but does it say anywhere what the Mint charges the distributors for these rounds? >>




It's going to more like Spot + $2-3 per ounce.


The Mint is going to sell them at spot plus for sure.



These are bullion and the mint will sell them as such.


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 12/3/2010 4:45 PM
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coasterfan
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I'll bet these coins would make good beer coasters.

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Successful BST transactions: clackamas, goldman86, alohagary, rodzm, bigmarty58, Hyperion, segoja, levinll, dmarks
 12/3/2010 4:49 PM
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carew4me
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Ok, but realize that this is a set that now has a maximum amount of sets that can be completed @ 33,000.

Low mintage is readily excepted as a value driver in other issues (How about $130 oz for Lincoln Chronicles?), why not this one?



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Loves me some shiny!
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