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2021 Peace And Morgan Dollars!

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howell1018's Avatar
United States
752 Posts
 Posted 08/14/2021  11:43 am  Show Profile   Bookmark this reply Add howell1018 to your friends list Get a Link to this Reply
Oops, forgot some vital information....they're selling for $19.95. I don't know how you can go wrong!
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hfjacinto's Avatar
United States
7339 Posts
 Posted 08/14/2021  12:18 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply

Quote:
I just got an advertisement for 2021 CC Morgan dollars. They're MS-70 graded by PCGS! Available now!! If you buy 2 you get 10% off. I'm almost tempted to buy one to see what (if anything) would come back.



Quote:
Oops, forgot some vital information....they're selling for $19.95. I don't know how you can go wrong!



Ummmmm

They cost $85 from the US Mint
They won't ship till October
Which means no one has them yet.

So how can they be selling for $19.95 if they aren't yet available?

But I digress, please buy them and post some pictures.
New Member
United States
13 Posts
 Posted 08/14/2021  3:44 pm  Show Profile   Bookmark this reply Add Vendetta to your friends list Get a Link to this Reply
Oh boy, 19.95. Yeah ok,
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jbuck's Avatar
United States
192227 Posts
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shtudentt's Avatar
United States
738 Posts
 Posted 08/16/2021  11:23 pm  Show Profile   Bookmark this reply Add shtudentt to your friends list Get a Link to this Reply
order status shows backorder,do you guys,know what dose this mean?
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hfjacinto's Avatar
United States
7339 Posts
 Posted 08/17/2021  08:12 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply

Quote:
order status shows backorder,do you guys,know what dose this mean?


Since these are not going to ship till Oct 15 or November 15, the status changes to backorder. As soon as the coins are available the status will change to shipped once they are shipped.

Backorder means that the order has been checked and as of the date it was checked its good to be shipped. They will submit the final CC charge once they are shipped.
Valued Member
1847bill's Avatar
United States
465 Posts
 Posted 08/17/2021  12:49 pm  Show Profile   Bookmark this reply Add 1847bill to your friends list Get a Link to this Reply
Not sure if this the right area but it pertains to what many people thought about the sales of the Morgan and Peace dollar. Coin World had an article dated August 16, 2021 stating the inspector general inside the Treasury department may look into sales practices and I'm assuming collusion with the mint and outside buyers. This will be very interesting going forward. It also could take many years to investigate.
[https://www.coinworld.com/news/us-c...nvestigation]
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Corbe's Avatar
United States
294 Posts
 Posted 08/17/2021  1:15 pm  Show Profile   Bookmark this reply Add Corbe to your friends list Get a Link to this Reply
Be careful what you wish for, the likely result is higher Mint pricing ... also, coin collecting is hardly a necessary thing ...
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1847bill's Avatar
United States
465 Posts
 Posted 08/17/2021  1:46 pm  Show Profile   Bookmark this reply Add 1847bill to your friends list Get a Link to this Reply
Allowing departments of the federal government to structure deals to preferred groups is very shady and needs to be opened for all to see. These deals are already costing collectors with higher prices. It's putting more product into the hands of groups whose business is to sell a much higher prices.
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shtudentt's Avatar
United States
738 Posts
 Posted 08/17/2021  6:48 pm  Show Profile   Bookmark this reply Add shtudentt to your friends list Get a Link to this Reply
hfjacinto, thanks a lot, appreciate it
Valued Member
United States
466 Posts
 Posted 08/18/2021  8:57 pm  Show Profile   Bookmark this reply Add Pmint1 to your friends list Get a Link to this Reply
I placed two orders the morning the peace and Philadelphia Morgan was offered. I received confirmation emails for both about 12 hours after. My earlier order that consisted of 3 Peace dollars and 2 Philadelphia Morgan's is still showing as "processing". The second order of 1 Philadelphia Morgan shows as "back ordered". Any idea the first would show as processing after getting a confirmation email?
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hfjacinto's Avatar
United States
7339 Posts
 Posted 08/18/2021  9:02 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
If you look above a few posts I noticed the same thing with my 4th order as I was supposed to get free shipping. That one stayed in processing for over a week. It's probably the same for you.
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Dearborn's Avatar
United States
101540 Posts
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BamaBlue's Avatar
United States
624 Posts
 Posted 08/20/2021  2:09 pm  Show Profile   Bookmark this reply Add BamaBlue to your friends list Get a Link to this Reply
I see this addressed in this thread, but didn't see an answer.

I have a question about US Mint status that I can't find anywhere on their site... what is the difference between "Backorder" and "Processing"

I have a confirmed order for the Philadelphia Morgan dollar that says it's "Processing"? Shouldn't this have already changed to 'backorder'? Every other Morgan order and my Proof ASE S shows, "Backorder".
Edited by BamaBlue
08/20/2021 2:12 pm
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mrpapageorgio's Avatar
United States
669 Posts
 Posted 08/20/2021  4:30 pm  Show Profile   Bookmark this reply Add mrpapageorgio to your friends list Get a Link to this Reply
From my experience, when it says processing, typically it means they're working on fulfilling the order. However, it could also very well be a catch-all to indicate you have an order in with a quantity allotted to you that hasn't shipped yet.

All 3 of my orders say Back Order FWIW.
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