Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics 300,000 items to help build your collection! Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Something New From The Mint,,,

To participate in the forum you must log in or register.
Author Previous TopicReplies: 424 / Views: 56,465Next Topic
Page: of 29
Pillar of the Community
unholyroller's Avatar
United States
1903 Posts
 Posted 01/11/2015  09:01 am  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
I don't understand why everyone feels like the mintage needs to always meet demand. Kids weren't excited to collect baseball cards back in my youth because your favorite player was in every pack. What made it fun was the chase. By producing coins/sets to intentionally be BELOW demand, I think, would make people more excited to collect coins. Things get very boring and hum-drum if every coin is easy to get. There is no sense of accomplishment in it if it s too easy
Edited by unholyroller
01/11/2015 09:02 am
Bedrock of the Community
Learn More...
CelticKnot's Avatar
United States
12845 Posts
 Posted 01/11/2015  10:16 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
from a collector's perspective.

But from a business perspective, why wouldn't you want to sell as many of an item as the market would bear?
Pillar of the Community
skyshark124's Avatar
United States
1109 Posts
 Posted 01/11/2015  11:24 am  Show Profile   Bookmark this reply Add skyshark124 to your friends list Get a Link to this Reply
I don't expect the Mint to meet demand, but I do expect the Mint to be able to figure out it only has 50,000 sets available, so if I order a set and those other sets are not available, they should be able to tell me something better than "BACKORDER" for the next month or two. If they sell out, ok, but keeping people in limbo with no follow-up is not very good service. Even just an auto-generated email or something would be nicer than wondering and twiddling my thumbs.
Pillar of the Community
ratio411's Avatar
United States
1208 Posts
 Posted 01/11/2015  11:46 am  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
I agree with shark.

My 12/10 order went from "processing", and the money came out
of my bank... to "backorder", and the money later went back
into my bank account. Now my order sits, forever unchanged,
on hold, without any explanation.

Something else that was weird... When the money came out of
the bank, there was a 'paper trail'. When the money went back
into the bank account, the paper trail disappeared, as though
the transaction never took place. Normally the debit would
remain, and then a credit would show on my bank statement...
aka "paper trail". This transaction just vanished, even though
the money came out, cleared, and was out of my account for a
couple weeks! Plenty long enough to make it a complete
transaction that should have required a 'trail'.
Edited by ratio411
01/11/2015 11:54 am
Pillar of the Community
United States
1026 Posts
 Posted 01/11/2015  6:29 pm  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
I too hate how the mint operates - they just put a hold on your money for 5 business days (credit cards) and regardless if your order is ready for shipment or if it is for an item that is out of stock. I'm not aware of another business that gets away with such shady practices. Well, it's the US Government, so that explains it...
Pillar of the Community
United States
1026 Posts
Pillar of the Community
skyshark124's Avatar
United States
1109 Posts
 Posted 01/12/2015  12:37 am  Show Profile   Bookmark this reply Add skyshark124 to your friends list Get a Link to this Reply



Well crap...if only I hadn't burned that couple of hundred bucks yesterday, I could have bid on this. But at the same time, if someone gives him $150K for it, well, good for the seller, I suppose.
Bedrock of the Community
Learn More...
CelticKnot's Avatar
United States
12845 Posts
 Posted 01/12/2015  12:55 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
For a seller whose feedback is approaching 5,000.... I really hope that was a typo on their part.
Pillar of the Community
unholyroller's Avatar
United States
1903 Posts
 Posted 01/12/2015  12:59 am  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
What is meant by position A?
Pillar of the Community
SA4H's Avatar
United States
2764 Posts
 Posted 01/12/2015  05:13 am  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Very interesting.....
Even if someone offer 1% of his asking price, he still make quite a lot of money.
Pillar of the Community
United States
1026 Posts
 Posted 01/12/2015  07:21 am  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply

Quote:
What is meant by position A?


As far as I am aware, this refers to the position of the inscription on the rim. It can be either A or B, depending if you can read it with the reverse facing upwards or downwards.

This would be "A":
Something-New-From-The-Mint,,,

And this would be "B":
Something-New-From-The-Mint,,,

Of course, what we don't know are the mintage numbers of A & B for this issue. But I would assume it's around 50:50, given that it's more or less chance the way these were minted.
Edited by omxfl
01/12/2015 07:23 am
Valued Member
collectorofcoins's Avatar
United States
80 Posts
 Posted 01/12/2015  08:36 am  Show Profile   Bookmark this reply Add collectorofcoins to your friends list Get a Link to this Reply

Quote:

For a seller whose feedback is approaching 5,000.... I really hope that was a typo on their part.

It isn't a typo. The seller explains the high BIN price in his description...
"Do I think the coin will sell for the Buy It Now price, NO, but it's fun to list something with such a big number! However, given the rarity of this coin, I figured I would consider serious offers. If the coin ends up selling for $200, that's great!"
Pillar of the Community
United States
1026 Posts
 Posted 01/12/2015  08:47 am  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
$200 would be a bargain if I'm honest. But I doubt the seller would accept such an offer. Anyone care to try to submit such an offer? :)
Pillar of the Community
United States
1026 Posts
 Posted 01/13/2015  09:01 am  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
Prices for NGC slabbed 69 coins have come down to between US$60-70 now.

Here's a link to all completed items:
http://www.ebay.com/sch/i.html?_fro...EFSRCHX:SRCH
Some sellers don't use the same term as the US Mint did when describing their set(s), hence the search term had to be a bit more broad, although I feel it's spot on.

By the way, an NGC graded 70 coin sold for US$1675 on Jan04:
http://www.ebay.com/itm/181624258901
Pillar of the Community
billymac11's Avatar
United States
613 Posts
 Posted 01/13/2015  12:17 pm  Show Profile   Bookmark this reply Add billymac11 to your friends list Get a Link to this Reply
with Unholyroller. The thrill of the hunt. If the Mint wants to create a culture of collectors checking the mint website frequently, have more 50K products.
  Previous TopicReplies: 424 / Views: 56,465Next Topic
Page: of 29

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.33 seconds to rattle this change. Forums