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 Replies: 92 / Views: 13,192 |
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New Member
United States
30 Posts |
I am thinking of getting one. I don't have any preious metal coins in my collection and I love the design. Now let's just see if I actually pull the trigger or not.
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Pillar of the Community
United States
1374 Posts |
Looks like the bullion dealers expect this to be a HOT offering with a quick sellout  I got an email from one with a purchase offer of $1487.50 (+$100) if I register my purchase with them by providing a copy of a mint sales order receipt by midnight tomorrow  The household limit of 1 is killing them  |
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Valued Member
United States
210 Posts |
Quote:
I got an email Got one too. Exact same deal. Think I might get one! They will even pay for expedited shipping from the mint. |
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Pillar of the Community
United States
1044 Posts |
How much was last years sold for from the Mint?
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Pillar of the Community
United States
2023 Posts |
Last year's being only MS strike (no proofs) it was not available directly from the Mint -- only through authorized resellers.
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Pillar of the Community
United States
1374 Posts |
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Last year's being only MS strike (no proofs) it was not available directly from the Mint -- only through authorized resellers. The Mint sold to the resellers at the LBMA Palladium Price (PM) on the business date following the day of the order + 6.25% (which I believe should have been around $975). Last year, the entire mintage of 15,000 sold on the first day of orders. 2017 raw coins are currently available on ebay for around $1,750 (but I did see one as low as $1,569). With only numismatic sales this year and the household limit of 1, the bullion dealers have to scramble to get the coins. Hence, the offer to essentially pay folks $100 to order one for them  |
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Pillar of the Community
United States
2023 Posts |
BadDog has it correct. Here's the thread with the pricing at the time, 9/19/2017: http://goccf.com/t/296507Quote:There are a couple of dealers on ebay already. One is asking about $1500, the other wants about $1085 (but that one has a feedback history of canceling orders and raising prices). For future reference, the current market "ask" is $914, and a 6.5% markup would be just under $975. |
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Bedrock of the Community
 United States
12817 Posts |
This should be interesting.
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Pillar of the Community
United States
1044 Posts |
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which I believe should have been around $975). Is that what the authorized dealers paid? If so, what did the general public initially pay? |
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Pillar of the Community
United States
1044 Posts |
Funny that there's already pre-sales on ebay. There's no guarantee the sellers will be able to even get one. There's even one selling as graded at PF 70 from PCGS. How is this possible? Edited by wyzeguy
09/06/2018 09:28 am
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Pillar of the Community
United States
1374 Posts |
Quote:Funny that there's already pre-sales on ebay. Not really. It's pretty much normal. ebay even has a policy about presales. Quote:
There's no guarantee the sellers will be able to even get one. Correct. The seller is taking the risk of receiving negative feedback if they have to cancel the sale. Usually, the seller will have only a limited number of presale items available to try and mitigate this somewhat. Quote:
There's even one selling as graded at PF 70 from PCGS. The seller is taking the additional risk of getting a 70 grade. The folks who conduct these presales believe that the potential profit outweighs the risk of negative feedback. |
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Pillar of the Community
 United States
1026 Posts |
Got an email from another dealer offering $225 (shipping to them not included). Gee, they really think this will be a hot coin.
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Pillar of the Community
United States
1044 Posts |
Quote:
Got an email from another dealer offering $225 That's a better deal. Who is that from? |
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Pillar of the Community
United States
1026 Posts |
^
Contact (at) PinehurstCoins (dot) com
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CCF Master Historian of USA Commemoratives
 United States
12265 Posts |
Success!
USM web site moved a bit sluggishly for me - must be a good number of folks on the site attempting to place orders.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
09/06/2018 12:06 pm
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Replies: 92 / Views: 13,192 |
First Page
Posted 09/05/2018 4:31 pm
