| Author |
 Replies: 105 / Views: 11,195 |
|
|
|
Pillar of the Community
United States
1027 Posts |
The current terms of the bulk purchase program are: Numismatic Bulk Purchase Program (subject to product availability) Under the current terms and conditions of this program, a five percent discount is applied to all purchases of $5,000.00 or more of qualifying coins and products. Additionally, a shipping and handling charge of one percent of domestic orders and two percent for international orders will be assessed on each order processed. First Spouse Gold Coins United States Mint Proof Set® United States Mint Silver Proof Set™ United States Mint Uncirculated Coin Set® American Eagle Gold and Silver Proof and Uncirculated Coins American Buffalo Gold Proof Coin United States Mint Proof Set® United States Mint Silver Proof Set® United States Mint Uncirculated Set® United States Mint America the Beautiful Quarters Proof Set™ United States Mint America the Beautiful Quarters Silver Proof Set™ To purchase numismatic products through the Numismatic Bulk Purchase Program, an applicant must attest to the fact that it is one of the following: a licensed full-time "coin dealer" (any state-licensed firm or company engaged in the commercial sale of coins via storefront, coin shows or online) a licensed business involved in the precious metals or numismatic coin industry a licensed retailer, bank, credit union or other financial institution willing to expand its business into the numismatic coin industry All applicants for the Numismatic Bulk Purchase Program must meet the qualifying criteria and complete and sign a Bulk Purchase Agreement Form and a Bulk Purchase Registration Form. Additionally, all applicants must submit a copy of their current business license or state resale certificate. The United States Mint will review applications and notify applicants of acceptance or rejection within 30 days of receipt of their application. All that and a TOTAL OF 4% below list prices (5% off and 1% shipping) but it may be just enough to make a profit. Notice that there are no special products listed, no commems or any other one time issues. |
|
Pillar of the Community
United States
2815 Posts |
I just ordered a set. Looking forward to this. I am quite impressed with the packaging for these coins too. Very nice.
|
|
Valued Member
United States
396 Posts |
Pre-seller. http://www.ebay.com/itm/Presale-201...90914193854&Not slabbed. At $174.95 plus $6.95 S&H, he's making about $15 after ebay and PayPal fees if he paid $139.95. He has sold 14 and has "more than ten available". At 5% off for bulk purchase he'd be earning about $21 or $22. Edited by BigAppleBucky
05/24/2013 2:35 pm
|
|
Pillar of the Community
United States
4901 Posts |
Weird but informative...when I clicked on your link somehow I got a completed auction for the 2012 "Special Edition" Proof set which closed at $251...that's $100 premium over sale price...nice
(clicked on just the number starting with 920....)
When I clicked on the whole link I did get the 2013 special set
Edited by Foxwoods Man
05/24/2013 3:09 pm
|
|
Pillar of the Community
United States
1027 Posts |
I doubt that anyone selling on ebay would be getting a mint discount even if they were offering one on this product (they aren't). Also, the volume discount amounts to 4% off of list price because the mint adds back one percent for shipping. The volume discount is only offered to specially qualified buyers on a limited set of annual products, not even on commems. I still don't understand why anyone would buy this item at a markup while it is still available from the mint. Like last year, there does not appear to be any promise that these coins won't be offered as part of some other set later in the year. |
|
Bedrock of the Community
13014 Posts |
Because people searching ebay dont know it exists or dont want to deal with the mint and would rather buy it there using their paypal balance which I dont think the mint lets you do |
|
Pillar of the Community
United States
899 Posts |
Clair - I could be wrong, but I think the mint has stated this is the only set this year - you'll find these coins in. I believe they got plenty of grief over last years release of the ASE outside this set and ruined the exclusivity of the set. I am kind of surprised that these are still trickling out and the numbers haven't jumped. I am guessing they will jump if they stay this low. Right now they sit at 208,000+ and with each coin being unique that is a pretty low number for each. |
|
Pillar of the Community
United States
1027 Posts |
It does seem a little low but at the time, last year's set was also thought to contain two unique coins as well and at the same point had sold only 145,173 (vs. 208,725) so this year's set is selling at a significantly higher rate. If we simply follow last year's pattern, we will end up with around 360K units sold, a number that far outstrips historic demand for SAE special coins. The volume buyers must either believe that there will be a lot of demand from new collectors or they expect traditional buyers to up the average number of sets they are going to buy. I certainly contribute to such a notion, I am planning on buying five sets and keeping them all. It is also possible that the volume buyers are hedging against a possible low quality build and want to ensure that they get the number of perfect 70s that they think they can sell at a significant premium. If I remember right, last year's set produced a much lower percentage of 70s compared to the 2011 five coin set (where 70s were the most common grade).
|
|
Pillar of the Community
United States
2543 Posts |
Quote:
It does seem a little low but at the time, last year's set was also thought to contain two unique coins as well and at the same point had sold only 145,173 Correct me if I am wrong, but didn't the mint announce the Coin and Currency set during the SF set sales period. And that is what kept sales down ? Edited by denco7
05/26/2013 09:36 am
|
|
Pillar of the Community
United States
4901 Posts |
The SF end of sales date was July 5th and the start of sales date for the C & C set was August 7th (announced on July 17th) ...so it was announced after sales were over...BUT....it was announced BEFORE a lot of the later SF set orders were shipped and this, added to the crappy quality, resulted in a drop of near 30,000 in the final sales due to cancellations and returns...The C & C set is STILL for sale Oh, maybe for the above reason, the SF set in the OGP has not been a money maker and occasionally sells at LESS than issue price http://www.ebay.com/itm/2012-S-Amer...em2a2cecd75dEdited by Foxwoods Man
05/26/2013 09:54 am
|
|
Valued Member
United States
90 Posts |
Has anyone seen any websites selling TPG sets for sale yet? |
|
Bedrock of the Community
13014 Posts |
Ive seen the advertisements for them being put on the site, but you cant pre order and theyres no price yet.
|
|
Previously Banned Member
78 Posts |
goldmart has MS70 for $349 in PCGS FS
|
|
Bedrock of the Community
13014 Posts |
Whered you see the price, their site still has them coming soon last I checked
|
|
Previously Banned Member
78 Posts |
|
| |
Replies: 105 / Views: 11,195 |
First Page
Previous Page
Posted 05/18/2013 12:46 am
