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Silver Proofs Out On 4/17

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Big-Kingdom's Avatar
United States
1667 Posts
 Posted 04/15/2020  4:19 pm  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
they limited the silver proof set because of the silver and not wanting to make a million sets and have them maybe sit on the shelf with the economy currently recessing.

They absolutely will make more once they sell these, it's just a method of them not sitting on a bunch of silver inventory that people may not buy. the "190K" gets them the speculator sales and the less scrupulous tv sales and gimmick sales places a bit of verbiage to market with and sucker people into buying them marked up on the secondary market.

I mean they are running circulation coins, it's not like the mint doesn't have tight security, and the same people, so the risk is lower than a place that's open to the public,,,, and they ONLY did it with the silver set. not the other products. I think it's a combination of factors but I think it's they think the silver will become a bit more volatile, and they aren't sure what the demand will be for the set given the current economic conditions for a lot of people. they are generating their own buzz for the set and will very likely just produce a bunch more once the initial 190K sells out. I mean it's San Francisco, what else they got to do over there at that mint? LOL certainly they all don't want to be furloughed.
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jbuck's Avatar
United States
188660 Posts
 Posted 04/15/2020  4:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I'm guessing because it was literally going to be the first day of the Dalton coin show. The regular proof set went on sale on the first day of the ANA Money show in Atlanta which happened to be on a Thursday.
Sounds like a good explanation to me.
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mrpapageorgio's Avatar
United States
669 Posts
 Posted 04/17/2020  05:19 am  Show Profile   Bookmark this reply Add mrpapageorgio to your friends list Get a Link to this Reply
Card was charged last night for the subscription order, so looks like they're going as planned.
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United States
1913 Posts
 Posted 04/17/2020  09:18 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
I received an email confirmation. It's my first subscription ever.
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United States
587 Posts
 Posted 04/17/2020  10:02 am  Show Profile   Bookmark this reply Add bzookaj to your friends list Get a Link to this Reply
I received an email confirmation too. Now just waiting for the shipping email.
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Reno32's Avatar
United States
500 Posts
 Posted 04/17/2020  10:23 am  Show Profile   Bookmark this reply Add Reno32 to your friends list Get a Link to this Reply
Do you guys think they going to sales out,in so many days?
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CelticKnot's Avatar
United States
12839 Posts
 Posted 04/17/2020  11:00 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
My card was charged for my subscription. Now the waiting game begins...
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jbuck's Avatar
United States
188660 Posts
 Posted 04/17/2020  11:37 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I just realized there are two active topics.

http://goccf.com/t/370460

I am going to lock this one as it is newer. I want to keep what might be a busy conversation in one place.

http://goccf.com/t/370460
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