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Silver Liberty Medal Sellout: Good Or Bad?

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 Posted 08/24/2016  5:50 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
I agree. I would much rather see everyone who wants one, get one. Part of the reason why I was reluctant to buy more than the two I needed (one from each mint). As I said in another thread, the thought crossed my mind, but in the end I am just happy to get what I wanted for myself.
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Canada
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 Posted 08/24/2016  7:43 pm  Show Profile   Bookmark this reply Add NeoSpec to your friends list
I was pretty bummed that only a few minutes after noon they were sold out of 25,000 medals. A "limited mintage" from the RCM is 4000 and even though it "sells out" before it ever lists on their website, it's still available at retail a month+ later.... Lesson learned by this pleb: if I actually want such an item from the USM I need to really be on my toes, I guess! I'm sure as heck not paying what it's going for now :)
Edited by NeoSpec
08/24/2016 7:54 pm
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 Posted 08/24/2016  9:19 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list

Quote:
It was known WELL in advance that the mintage was ridiculously low even for a non-coin.


Not really.

The mint did not come out and say that they were only going to mint 12,500 of each version ever ever ever. They placed a "product limit" on 12,500 on each version with no mintage limit.
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 Posted 08/25/2016  12:24 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
Well it seems common sense to have bet that 12.5k each was indeed the max, and attempt to grab them ASAP if you wanted them.

I wonder if there will be "first" or "early" strike monikers by the TPGs with this few minted.
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 Posted 08/25/2016  01:04 am  Show Profile   Bookmark this reply Add llewellin to your friends list
I agree with commems on this; it seems silly to me the speculation and profiteering that goes on with all of these issues nowadays. Why not have mintage set by initial collector demand?

This viewpoint is coming from sour grapes, since I really wanted it and it's my favorite design in years, but due to my work schedule wasn't able to order until it was too late and now I can't afford it.
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 Posted 08/25/2016  07:09 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list

Quote:
Not really.

The mint did not come out and say that they were only going to mint 12,500 of each version ever ever ever. They placed a "product limit" on 12,500 on each version with no mintage limit.


Correct, correct, correct...and that hasn't changed. So if you thought this meant the same as mintage limit then you ordered them.. I did and I did

We will see...but by the flurry in sales I think there are quite a few that believe 12.5k is the total

..and..."Bad" may be a bit strong...PIA would fit if you did tried to order and were caught in that never ending refreshing page or CC not valid crap...
Edited by Foxwoods Man
08/25/2016 07:12 am
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 Posted 08/25/2016  11:25 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I wonder if there will be "first" or "early" strike monikers by the TPGs with this few minted.
The NGC appears to say Early Releases...

https://goccf.com/t/267240
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 Posted 08/25/2016  11:49 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list
Coins ordered in the first three minutes of the sale will be eligible for the early release label. Orders in the last three minutes will be given the regular label.

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 Posted 08/25/2016  12:32 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
That actually might work. Just send a printout of your receipt in with the sub and they will label it as 1min purchase, 2min purchase, 3, 4 etc
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 Posted 08/25/2016  2:52 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
good one!
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 Posted 09/04/2016  12:05 pm  Show Profile   Bookmark this reply Add CoinsA-Z to your friends list
I can't see any negative side to the US Mint selling out in record time of this exceptional product (Amer. Liberty silver medal). Not even the much lower mintage 2015 proof A.P.E. sold out as quickly....though it is a close second.
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 Posted 09/04/2016  3:15 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list
Pf APE sold out in 7 minutes which is right between the W and S medal sellouts of 6 and 8 minutes

I would call that a draw
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 Posted 09/04/2016  5:50 pm  Show Profile   Bookmark this reply Add CoinsA-Z to your friends list
Fair enough Foxwoods.

I actually think both the Amer. Liberty silver medal and the PF APE are among the top products the US Mint has put out in the past couple of years at least.
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 Posted 09/04/2016  7:34 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list
Great looking products...
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