| Author |
 Replies: 753 / Views: 59,654 |
|
|
|
Forum Dad
 United States
24164 Posts |
Quote:
Why do I get complaints for my comments?. Its just my opinion. Its like if I complain about bobby131313 for not thinking like me. This are just opinions here, you have to be able to take criticism from other members and dont cry like a lady like rachel and complaint.  |
|
Pillar of the Community
United States
509 Posts |
I think the low buy in price might detract from people looking to buy and flip.... if you buy for $30 + $5 for shipping and sell for double purchase priice.. $60- 30 initial price - $5 for initial shipping - $9 for ebay selling fees and shipping you are left with $14.. a profit is a profit, but if it doesn't at least double you are looking at $5-10 profit on it.. might only make sense to look at flipping if you buy 3 and hope they double... flip 3 to get the 3rd free . On the other hand if this was $90 and they produced 75k sets (3x price, 3x less produced) the mint would make the same amount off selling all sets and the resell value is starting at a chance to make a profit... low price = saturate the market and limit secondary market bc the dealers are going to be sitting on a ton of inventory if they strike fast at 12 noon |
|
CCF Master Historian of USA Commemoratives
United States
12281 Posts |
Quote:
I think the low buy in price might detract from people looking to buy and flip... Believe it or not, the primary mission of the US Mint is NOT one of creating coins/sets upon which flippers can buy/sell to make quick profits. It produces its coins/sets with a much broader view of the collecting community and marketplace. The price for the Enhanced Uncirculated Set is aligned with the prices of the Mint's other sets of the same denominations; charging $90 for it would not make much sense from a product portfolio standpoint. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
08/01/2017 10:28 am
|
|
Moderator
United States
188770 Posts |
 Just over an hour to go.  |
|
Pillar of the Community
United States
4901 Posts |
Quote:
Is there any difference in shipping time whether you order 1 set, 10 sets or 100? If your order is $300 or more it will be shipped UPS sig required which usually gets to my place a couple/few days earlier than "Smart"post |
|
Pillar of the Community
United States
509 Posts |
I agree. My point was that I don't think there is much profit for someone looking to flip these. By not setting a HH limit the mint is creating a chance for flippers. HH limit of 2-3 and this wouldn't be close to a sell out. No limit will sell out and create a secondary market (short term) until the market is saturated and then price decreases back to $30 or lower.
I've only bought a few US mint day of releases in the past, I'll likely pick one of these up as well and my guess is that in each case I could have sold for profit right away and buy them now for below initial price I paid for them on day of release.
|
|
Valued Member
United States
411 Posts |
my problem is that I just want one set, with everyone buying extras to resale and make a profit will I get my one set.
i could buy 20 sets , but I want to be fair, thats me. guess I could get 20 and let you guys have one at my cost just to help out.
|
|
Valued Member
United States
185 Posts |
25mins to go - I have a feeling the lines are going to be all tied up.
|
|
Pillar of the Community
United States
3471 Posts |
I wonder if they've already backed the entire number sent to Denver out of the available total or if they're tracking them as they sell.
|
|
Moderator
United States
188770 Posts |
Quote:
my problem is that I just want one set, with everyone buying extras to resale and make a profit will I get my one set. I could buy 20 sets , but I want to be fair, thats me. guess I could get 20 and let you guys have one at my cost just to help out. Same here. I am not greedy. I want my one set and I want everyone else who wants one to get one.  Six minutes. Logged in and ready to go. |
|
Bedrock of the Community
 United States
12839 Posts |
Quote:
Logged in and ready to go. Likewise! |
|
Pillar of the Community
United States
2023 Posts |
Got mine. Site didn't seem slow at all.
|
|
Moderator
United States
188770 Posts |
Done. |
|
Bedrock of the Community
United States
12839 Posts |
Got my order in. Easy peasy.
|
|
Pillar of the Community
United States
1913 Posts |
In and out in seconds. No problem at all.
|
| |
Replies: 753 / Views: 59,654 |
First Page
Previous Page
Posted 08/01/2017 09:42 am
