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Replies: 683 / Views: 60,032 |
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Pillar of the Community
United States
2589 Posts |
Took me 12 minutes to get my order of 10 in. There's heavy initial demand, lets see if it lasts throughout the day. In theory 12,500 orders could push it to a sell out. A sell out is completely feasible on these, given the final mintages on the 2009 UHR and the gold Kennedy half. The lower price compared to the gold Slq and Walking liberty, and the gold commemoratives will help it too.
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Pillar of the Community
United States
1208 Posts |
I put the coins in my bag at 12:00 and 15 seconds... Checked out, by 12:01... Then the site went down intermittently... After several log ins and attempts to "finalize" my order, I finally got confirmation at 12:11 ET.
So, 11 minutes to get my order done. I thought they had that crap fixed. Or LOTS more people were ordering than are admitting it. USM041229xx
Edited by ratio411 04/21/2016 12:20 pm
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Bedrock of the Community
United States
10982 Posts |
I crashed and burned about 10 times (with one total log-out and re login) and finally got through at 11:10 central.
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Pillar of the Community
United States
1208 Posts |
So these are not going to be the same size as a dime?
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Bedrock of the Community
United States
10982 Posts |
Quote: Who was offering $500?
I received the $250 email Vault Wholesale was offering $500 for a box of 10 and they pay the shipping too. That offer was quickly reduced to $250 for 10.
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Pillar of the Community
United States
4211 Posts |
I signed on around 12:06. Reloaded at least a dozen times but got my order placed at 12:11. Penn Metals was offering $250 profit for 10 Here is a pic of Vault Wholesales email of the $500 offer. I am a lurker on a couple of the "silver stackers" boards and a few of the big spenders received it yesterday and posted the email. 
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Valued Member
United States
126 Posts |
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Pillar of the Community
United States
5830 Posts |
Back order also. I got in too late. 
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Pillar of the Community
United States
1026 Posts |
I think this is just the first batch. I can hardly imagine they sold ALL coins that quickly. No way Jose...
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Valued Member
United States
126 Posts |
And now the language on the Mint's site reads:
This product is currently Unavailable.We are currently out of this item, but more may be available later.
So, it's a may be from the Mint.
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Pillar of the Community
United States
1026 Posts |
Remember the HoF Baseball coins? They were gone quickly only to become dead wood later on... I think about 70% are in the hand of flippers.
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Pillar of the Community
United States
1189 Posts |
I went back and forth but decided to order two. I went to buy them and they are sold out. Guess that makes my decision easy. Hopefully they bomb and flippers have to let them go at a loss. I might just buy a graded 70 later if they aren't too expensive. Disappointing but it's my own fault for not being on right at noon.
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Pillar of the Community
United States
1026 Posts |
Just for comparison, there were only 50k of the baseball gold coins which was split across both unc and proof issues. This is 125k coins for just one coin. Okay, this costs less than half of what the baseball coins did cost. Just look how many ebay sellers there are who are already undercutting each other. No, thanks.
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Valued Member
United States
126 Posts |
So, this is what people call flipping?  A listing on ebay for 10 Mercury gold coins - $2,950.00. 
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Pillar of the Community
United States
5208 Posts |
I was going to order 2 but with all of the negative talk here I figured it would be a flop as well and only ordered one. My plan was if it was a flop in 3 months ebay should be flooded with slabbed MS69's for below the Mint's issue price unless gold goes way up. If the coin has truly sold out then that means that a lot of them did go to flippers and the market should be saturated with slabbed ones shortly and the prices driven down. Just look at the baseball coins now. When the first shipment went out prices were 2 or 3 or 4 times over issue. Now you can get raw gold ones for almost issue price and slabbed dollars and halves for under issue price.
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Replies: 683 / Views: 60,032 |