Bumble Bee Sold Out

I don't think the forum war is between MC and non-MC members, I think it more likely between pure collectors and those in the coin business.

In this 'Hobby', each needs the other, I can appreciate that. I just think the community forum is the place to talk about the coins...not the business.

Respectfully,
DCadon

Enough for everyone!

and pretty good business at $139.95 each

ladybug $699,750
bumble bee $1,399,500
grasshopper $2,099,250
DRAGONfly $124,399,876

Just a few more bugs and we could balance the national budget. I don't see any downside to this plan.

Maybe they could make a Harper coin with a Venetian Glass mole. That could balance the national budget.

Well in my case I only purchased the ladybug within the last month so it would've sold out unless you are supposing that there would be less than 5k collectors who would want this coin.

I agree with other posters - a limit of one would have made more sense. There may well have been mc members who missed out as well. I basically felt that I would have to be crazy to not buy more than one coin.

Speculators and dealers are essentially the same. National dealers like J&M, colonial, and Gate West will up their sale price as soon as they see the coin's value increase on the secondary market. If private, mom and pop speculators don't snatch up the extra coins, dealers likely will. Even collectors (whenever the time comes to sell) will not sell at or lower than issue price if it can be helped.

The RCM, after all, must make money to survive as well. Their method to essentially mint as many as the market will absorb gave way to the more recent taking to increased variety of low mintage coins. It's inevitable that coins will sell out, with or without people hording.

But definitely, it sucks when coins sell out this fast!

I certainly encourage the speculators (elkslayer,et al) to post here. They have an expert read on which issues maybe hot, and share it here so we don't get left out. This is a coin forum where prices and hard to get mintages are a topic that interests everyone. Elkslayer and others who follow the market more closely than the rest of us, please continue with your informative posts.

just try Monday morning ,I think MINT still hold more for public

Quote "I certainly encourage the speculators (elkslayer,et al) to post here"

I do too. Just Don't get me wrong, I too appreciate the speculations from the dealers 'et al', my objection is to them discussing their 'business' such as how they hoarded so many of 'X-coins' while others missed out due to sell outs prior to release to the public. This is right up there with ticket scalpers as far as I'm concerned. I know it goes on, but I don't think it needs to be bragged about on a friendly forum.