| Author |
 Replies: 772 / Views: 74,578 |
|
|
|
Valued Member
United States
63 Posts |
Happy Hippo: I completely agree - very few things in this world can be returned if there is no prior guarantee. Coins should not be an exception.
|
|
Pillar of the Community
United States
1913 Posts |
Quote:
I was done in less than a minute from the time they went on sale (literally hit F5 on the screen until the add button appeared) and still have not received a shipment notification. Perhaps they're not operating on a FIFO basis. I received my FedEx shipping notice late last night, so all is well now. :) |
|
Pillar of the Community
United States
1375 Posts |
Quote:
It doesn't seem right to me that people should be able to return a set because it is not a "70" The Mint's return policy is Quote:
If for any reason within 7 days of receiving your product you are dissatisfied with your purchase, you can return the entire product for refund. Shipping charges will not be refunded for all returns. and Quote:
The United States Mint reserves the right to limit or refuse a return or to charge a fee for excessive returns. In addition, the Mint reserves the right to suspend accounts of customers with a pattern of excessive returns. Pretty much the only way to return a coin for being TPG graded as less than a 70 is to get it to the TPG, graded and back to you before the 7 days is up. That pretty much means it has to be a walkthrough grade tier or graded at a show, if one is available at the right time, both of which are expensive propositions and IMHO generally not worth it for modern coins (but there may be exceptions, like last year's palladium coin). Folks returning ungraded coins are returning them because they don't like the coin(s) for any reason, one of which may be that they THINK it will TPG grade at less than a 70. IMHO the Mint's return policy is pretty consistent with most retail return policies today, although many retailers give more than a 7 day return window. Edited by BadDog
07/06/2019 12:14 pm
|
|
Valued Member
United States
63 Posts |
Yes BadDog, I can see why people feel they can return coins that are not graded PR-70. It's all legit. But I think the Mint should revise its policy and reject all returns based on grading unless coins don't grade a minimum PR grade (PR-68?)
What will the market be for returned coins if prospective buyers know the probability of a PR-70 coin is minimal with let's say 5,000 culled/returned coins? Might be hard to get rid of by the Mint, and general prices may decrease. Just a thought from somebody who does not have a lot of experience with modern coin Mint sales.
|
|
Valued Member
United States
63 Posts |
Question for anybody:
I try tracking my shipment with UPS, and they ask for a tracking number, found in the "Tracking Order" function, under "Customer Service" in the Mint site. However, the Mint site does not give me a tracking number, just an "order number", which does not work on the UPS tracking site.
Am I looking in the wrong place on the Mint site, for my "tracking number"? Or am I looking too early via the UPS site? (My sets were allegedly shipped yesterday, July 5.)
Thanks for any help anybody can give!
|
|
Pillar of the Community
United States
4901 Posts |
Quote:Folks returning ungraded coins are returning them because they don't like the coin(s) for any reason, one of which may be that they THINK it will TPG grade at less than a 70. Correct...the key word is "THINK" which probably means marks indicating a quality issue which can be a valid reason for a return No way that bulk submissions can be sent in, seen by a grader and returned AND be shipped back to the Mint all in 7 days. Key word in the last part is "Bulk" not a coin or coins given walk trough service |
|
Pillar of the Community
United States
1375 Posts |
Quote:
Am I looking in the wrong place on the Mint site, for my "tracking number"? Login to your US Mint account, click on order history, click on the order number and the tracking number should be with your ship to address. Quote:
I can see why people feel they can return coins that are not graded PR-70. It's all legit. But I think the Mint should revise its policy and reject all returns based on grading unless coins don't grade a minimum PR grade (PR-68?) Why? If you went to a clothing retailer and bought an item and then discovered a defect in it wouldn't you return it? For a proof coin straight from the US Mint, a defect to many folks means anything less than what a TPG would grade as a 70. Edited by BadDog
07/06/2019 2:18 pm
|
|
Pillar of the Community
United States
1353 Posts |
Scheduled Delivery
Tuesday
07/09/2019 from UPS... no email just checked site with tracking number
|
|
Valued Member
United States
70 Posts |
I got my shipping notice from the Mint yesterday.
|
|
Valued Member
United States
63 Posts |
BadDog:...Thanks for the pointer for getting my tracking number, got it!! About "Defects":...It all depends on what the conventions are regarding "defects". Is a "defect" defined by collectors of ASE just random variability that cannot be controlled (hammer pressures, amounts of fractional seconds a planchet is struck, etc.) that determine whether or not a coin is a PR-70 or PR-69? I deem differences like these as "random" variations - not "defects". All proof ASE cannot be PR-70 because of the uncontrollable variability. However, defects in a shirt, like mis-sizing, missing buttons, un-sown seams, etc. can be controlled, at least better than minting variations, and thus subjectively, but almost universally, can be considered "defects" - not excusable random variations as in the case of ASE. Just my opinions. I guess it all depends on how we collectively judge variations - are they controllable, or are they not? |
|
Pillar of the Community
United States
4901 Posts |
If you are not satisfied you can return the coin....simple
|
|
Valued Member
United States
63 Posts |
Yeah, certainly, the Mint guarantees satisfaction so that's that. I just think such guarantees enable customers to reject coins based on uncontrollable variations, not controllable defects.
In the Pride of Two Nations case, I don't think it makes sense rejecting a PR-69 because those coins, along with PR-70s will enjoy a lot of investment value over the years, given the low mintage and unique qualities of the coins and their "first-time" history.
|
|
Pillar of the Community
United States
4901 Posts |
..and back to your regularly scheduled programming: Just an FYI re: APMEX who rumor has it is one of the dealers for the RCM. They had (have) a bunch of RCM sets both raw and PCGS graded. I looked at the FS 70 sets ( a couple of days ago there were 98 in stock and I said WOW...they will be there forever. Ummm...29 left now They are selling the SAME set on ebay for $309 and have sold 25 at THAT price. All are pre-sale |
|
Bedrock of the Community
 United States
12842 Posts |
My shipment is scheduled to arrive Tuesday PM via UPS.  |
|
Pillar of the Community
United States
1913 Posts |
Quote:
If you are not satisfied you can return the coin....simple Exactly. Until the mint actually makes an effort at post production QC, they have no business even attempting to tell customers they can't return coins. That said, I don't think that it would be right for anyone to submit a coin for 3rd party grading and then return it because it didn't achieve a certain grade. It's simple. If you don't like the way a coin looks, then certainly don't send it in for grading. If you take the gamble and send in a coin sight unseen in order to get a certain label, sometimes you lose. |
| |
Replies: 772 / Views: 74,578 |
First Page
Previous Page
Posted 07/06/2019 12:08 pm
