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 Replies: 762 / Views: 63,866 |
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CCF Master Historian of USA Commemoratives
 United States
12318 Posts |
Quote:
The problem is that the us mint are - most likely - sold out on these although one can still order them. I honestly don't understand why they just can't list it sold out rather than leaving it in limbo giving everyone the impression one can still order a set. If you order now it will be placed on back order status, and guess what, it will never be filled... Do you have verifiable information specific to this release to confirm this assertion? Or is this just conjecture on your part? Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
1026 Posts |
^
Just do the math - number of orders placed since noon May04 and number of sets available.
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Pillar of the Community
United States
4901 Posts |
I think by using the term "most likely" it connotes an opinion
He is entitled to his opinion even though it "most likely" is incorrect and the present backordered units will be shipped as stated by the Mint
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Pillar of the Community
United States
4901 Posts |
Quote:
Just do the math - number of orders placed since noon May04 and number of sets available. ..and that would be faulty logic. There is no way to know how many units were ordered per order number AND not every order number was for this set. Again, it does not say "currently unavailable"..it says backordered with a ship date in August. It makes sense to me that there is no way that they had 75000 sets all packaged and ready to go...I bet more like 30-35k...the rest will be put together and shipped when ready. |
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Pillar of the Community
United States
5212 Posts |
I personally THINK that it is PROBABLE that they are all sold out.
I ordered five sets.
Some (or maybe a lot more than some) of the 26,000 orders which we can prove were placed based on the order numbers posted in the thread were by wholesalers and dealers who also purchased the maximum 5 sets. And who knows how many orders were placed after 3PM or whenever we came to the 26,000 order number.
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Pillar of the Community
United States
3644 Posts |
I agree foxwoods-i have placed many 'back ordered' products from the mint and every single one was always filled-they leave it on 'back order' when they run out of their original run but once 75k are ordered they will change it to 'sold out'...ive never seen it any other way
Edited by Slamnbass
05/05/2015 12:26 pm
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Pillar of the Community
United States
1026 Posts |
Info is from the mintnewsblog:
"Earliest reported order#03186xxx 12:01EST
Latest reported order #03209xxx 2:18 EST"
"My order is 03210*** at 1541 EST"
This means roughly 24k orders placed within the first 4h of the set being made available to order.
I don't work the US Mint (nor do I want to) and as such I have no information about how many of these orders were for the set and if so how many sets were ordered in total. BUT, 24k at a conservative average of 2 sets per order would mean 48k sets sold within the first 4h alone. 3 sets per order and we're already at 72k sets...
But let's wait for the next sales report before the speculation goes on (unnecessarily). ;)
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Valued Member
United States
317 Posts |
Ordered a few sets yesterday and the experience was light years better than the old website.
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Pillar of the Community
United States
562 Posts |
The Mint reported today at 11:08 am CST that 52,540 March of Dimes sets had been sold in the first day of sales.
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Pillar of the Community
United States
1026 Posts |
^
Thanks for the update. A lot less than I expected. I stand corrected!
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Pillar of the Community
United States
4901 Posts |
As expected....That makes sense
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Pillar of the Community
United States
3644 Posts |
That was just the first day-i do think this is probably close to sold out tho-if not today next couple days looks likely
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Valued Member
75 Posts |
Foxwood, a couple of years ago folks like me couldn't, but it seems that they've upped their game. I've just successfully registered an account and added a credit card without any problem. We'll see how it goes from here.
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Valued Member
United States
101 Posts |
you have to think that a lot of the 52k sold on the first day are multiples that are meant for resale...
Edited by iamwayne
05/05/2015 1:15 pm
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Pillar of the Community
United States
5212 Posts |
Quote:
you have to think that a lot of the 52k sold on the first day are multiples that are meant for resale... You (and I) would think but the math doesn't back it up. If 52K sold and 26K orders were placed that is an average of 2 per person. But if the major bullion dealers and flippers each bought 5 per order or schill order that would take the 2 per order average to 1 order of 5 and 3 orders of 1 (or something like that) or a MAXIMUM of 25% 5 coin orders (flippers) Or maybe it would be 1 out of 6. Someone who is better at math and not trying to work and do this at the same time feel free to correct my numbers. Edited by jack jeckel
05/05/2015 1:22 pm
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Replies: 762 / Views: 63,866 |
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Posted 05/05/2015 11:58 am
