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 Replies: 936 / Views: 67,308 |
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Pillar of the Community
United States
562 Posts |
@Bizybackson
It was in an email from the Mint.
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Pillar of the Community
United States
7390 Posts |
Can you copy an paste the whole email PLEASE Atlas
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Bedrock of the Community
United States
11951 Posts |
Y'all made me look ..  My status has changed to shipped ... Got the Email saying it was shipped at 11:23 ordered just one set. Also checked my mail .. Did not see anything about sales information about this set. I would be interested in seeing that article. |
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Pillar of the Community
United States
562 Posts |
Yeah, here's the text of the email:
Based on our sales forecast, which took into account the popularity of reverse proof coins and the demand for the two previously issued Coin and Chronicles Sets, the Mint established an overall production limit of 17,000 units for the 2015 Coin and Chronicles Set - Harry S. Truman (product code: AX1). The demand for the 2013 Coin and Chronicles Set - Theodore Roosevelt was 15,141 units. The 2014 Coin and Chronicles Set - Franklin D. Roosevelt, which went on sale December 22, 2014, with a product limit of 20,000 units - had sold only 13,255 units as of June 29, 2015.
To ensure fair and equitable access, a household order limit of five sets was established for the 2015 Coin and Chronicles Set - Harry S. Truman. The product went on sale at noon Eastern Time June 30, 2015. By 12:15 p.m., available inventory had been depleted, and the product's availability on the website changed to "currently unavailable," with the "Remind Me" button and message activated. (i.e., We are currently out of this item, but more may be available later. Provide your email using the REMIND ME button, and we will let you know when we are taking orders again.)
A total of 16,780 sets were sold in approximately 15 minutes. All accepted orders will be processed and fulfilled on a first-in, first-served basis according to existing United States Mint policies. The product inventory is at the fulfillment center for immediate shipment to customers. No additional inventory will be produced. Product shipments, returns and exchanges will be monitored daily over the next few weeks.
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Moderator
 United States
188770 Posts |
Sounds about right. I wonder if they will increase the mintage limits for the other three. It does not matter to me as long as I get the one that I want.  |
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Pillar of the Community
United States
1913 Posts |
Would I be correct to guess that the remaining 220 sets (17000-16780) were being sold at the mint's retail location?
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Pillar of the Community
United States
562 Posts |
@Bret
I ask myself that same question too. I always assumed the Mint kept some on hand for exchanges and it's possibly those 220 sets also include Mint retail store inventory.
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Pillar of the Community
United States
1817 Posts |
It is very weird that they would send such an out of character explanatory email. But thanks for sharing, atlas642.
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Moderator
United States
188770 Posts |
I can believe either one or both of those reasons.
Was this their response to a query you sent?
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Pillar of the Community
United States
562 Posts |
@jbuck
The email wasn't in regards to a query.
It came from a first day sales report they sent out when a big-name item goes on sale. This one didn't fit their usual formula though with the addition of the first paragraph.
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Pillar of the Community
United States
7390 Posts |
Who the heck is going to return even one  |
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Bedrock of the Community
 United States
12839 Posts |
Shipped!  |
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Pillar of the Community
United States
1913 Posts |
Quote:
Status: Shipped! So why is it that all the orders that I've placed with the mint since creating a user account this year have the shipping status of "Processing"? Never once has the status changed, but the orders do show up. |
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Bedrock of the Community
United States
17884 Posts |
Quote:
Based on our sales forecast, which took into account the popularity of reverse proof coins and the demand for the two previously issued Coin and Chronicles Sets, the Mint established an overall production limit of 17,000 units for the 2015 Coin and Chronicles Set - Harry S. Truman (product code: AX1). The demand for the 2013 Coin and Chronicles Set - Theodore Roosevelt was 15,141 units. The 2014 Coin and Chronicles Set - Franklin D. Roosevelt, which went on sale December 22, 2014, with a product limit of 20,000 units - had sold only 13,255 units as of June 29, 2015. Sounds more like they based it on the sales of the previous two and made no allowance for the popularity of the reverse proofs, and no allowance that they were creating a very rare variety in a widely collected series. |
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Pillar of the Community
United States
1911 Posts |
Bret, mine is the same. My order from December still shows processing even though I received it. And also when I try to click on an order it just refreshes the screen instead of going to the order summary. Apparently it is the case with many and the Mint is working to resolve it.
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Replies: 936 / Views: 67,308 |
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Posted 07/01/2015 3:10 pm
