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Replies: 214 / Views: 22,128 |
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Pillar of the Community
 United States
1375 Posts |
Is the Mint still shipping these medals? The combined mintage keeps going down (now at 56933, down a bit over 9% from the high of 62,660). I would have thought that with the 7 day return privilege that the total would have stabilized by now. 
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Pillar of the Community
 United States
1375 Posts |
An even bigger drop this week  Total production now stands at 53,652. Down -3.281 for the week. 
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Bedrock of the Community
13014 Posts |
Quote: I would have thought that with the 7 day return privilege that the total would have stabilized by now. That's only for small collectors not big buyers.
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Pillar of the Community
 United States
1375 Posts |
Are you saying that the 7 day return privilege for Numismatic Customers changes depending upon the size of the order? So, in effect, there is a different category of customer?
I thought there were only 3 types of direct buyers: Bulk Program Buyers (and Commemoratives aren't part of this program), Bullion Program Buyers and Numismatic Program buyers. Do large buyers somehow have a different category unto themselves?
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Bedrock of the Community
13014 Posts |
Quote: Are you saying that the 7 day return privilege for Numismatic Customers changes depending upon the size of the order? So, in effect, there is a different category of customer?
I thought there were only 3 types of direct buyers: Bulk Program Buyers (and Commemoratives aren't part of this program), Bullion Program Buyers and Numismatic Program buyers. Do large buyers somehow have a different category unto themselves? More or less just saying that if you spend enough money you get different rules, same which is true with any business. It's more likely that the return numbers have a good chunk from one source than that 3,200 people each returned one last week or that the 10k returns they have had have been all small collector type buyers. Personally I am happy that it's happening again like it generally does every time they do a mint to demand take orders then mint it type product. I hate when they do things with long delays like that and hopefully they'll learn a lesson from the pattern
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Pillar of the Community
United States
924 Posts |
There isn't a lot of secondary market traffic with the World War I coins. Usually it's pretty easy to get the proof and BU issue in a 69 graded holder for about the same price or less than the mint. No ebay sellers seem to be doing 99 cent auctions with 69s.
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Rest in Peace
United States
233 Posts |
I'm missing something. How does cumulative production decrease?
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Pillar of the Community
 United States
1375 Posts |
It's really sales, but the Mint calls their webpage Production Sales Figures. The decrease is due to returns.
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Pillar of the Community
United States
924 Posts |
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Moderator
 United States
189176 Posts |
Quote: Pinehurst Coins on ebay has the Army, Navy, and Marine sets in PF70 holders for $99.95 shipped if anyone is interested. They do look good, but not $100 good. 
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Pillar of the Community
United States
4901 Posts |
Isn't $100 right around the issue price raw from the Mint? These are graded 70's...I'm not really into commems but if I was I would grab them...
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Moderator
 United States
189176 Posts |
You are right. However, the dollar and medal pairings were never on my must-have list (I really wanted a five medal set). Anyway, they are definitely $100 good for anyone who wants them, that is just not me. 
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Pillar of the Community
United States
666 Posts |
Quote:Pinehurst Coins on ebay has the Army, Navy, and Marine sets in PF70 holders for $99.95 shipped if anyone is interested. They're sold out now - they sold 21 Marine Corps sets. I would have bought one for a buddy who is a Marine. He's not active duty or reserve, but he educated me early on ... Me: "So you were a Marine?" My friend: "No, I am a Marine." He's a great man - awesome husband & father, very compassionate, but you also know that he's not someone you wanna offend.  ~ Mark P.S. Pinehurst has all 5 medals plus 1 proof dollar, all NGC-70, for only ... $1099. At the same time, they've apparently sold 3 out of 8 sets for that price.
Edited by dd27 07/23/2018 12:47 pm
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Pillar of the Community
United States
982 Posts |
ATTENTION: I jumped on ebay on the 21st and bought both the Marines and Army sets from PinehurstCoins for $99 per set, as mentioned above by RPT. Pinehurst left me positive feedback and I was awaiting shipment, when a guy named Brian called me about an hour ago. He told me over the phone that Pinehurst could not honor the price that I paid, but he was able to offer me a $50 discount on the actual price of $299.00 per set. When I told him the whole deal sounded like a Bait-and-Switch scam to me, he relented and offered me the sets for $199 each. Pinehurst Coins likes to boast that "Customer service is our number one goal," but profit seems to be its ultimate goal! 
Edited by captainrich 07/23/2018 6:52 pm
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Pillar of the Community
United States
1278 Posts |
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Replies: 214 / Views: 22,128 |