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Replies: 4,802 / Views: 395,500 |
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Pillar of the Community
 United States
1255 Posts |
Without the subscription discount we might see fewer P pucks sold in the near future. I see no reason to keep a subscription either. Now I can just bundle my orders and try and save on the shipping.
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Pillar of the Community
United States
4901 Posts |
I agree and no need to keep the raised max at 30k
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Pillar of the Community
 United States
1255 Posts |
I wouldn't be surprised if they dropped it back down to 25K.
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Pillar of the Community
United States
1817 Posts |
Without the subscribers the initial ordering for Everglades might drop back to 10-12K, and tick upwards by a few hundreds every week making it potentially the lowest distribution of the five pucks this year, and you know what that means: the release to get extras of, in addition to being the best design of the year, IMO. The bullion strikes should be especially showy if they are as DMPL as Sand Dunes and Smoky Mountain. It is the one release I've looked forward to all year. It makes the coin that much more desirable with the end of the subscription discount.
The Sand Dunes-P are starting to ship today. Got my email confirmation that the shipping label has been created after sitting in ISR status for a week. Must be crazy and chaotic in Indiana as they are probably starting the shut down this weekend.
Edited by Bizybackson 09/19/2014 3:56 pm
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Pillar of the Community
United States
2168 Posts |
And I guess, although I recd the email from the Mint about no more discounts, on their subscription page it shows Everglades still for the $139 price. I guess they have to update.
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Valued Member
United States
317 Posts |
The bullion pucks are starting to look very appealing with silver around 17.50. The price gap between the bullion and collector version is starting to look too big so I wouldn't be surprised if the mint reduced the regular price to 139 for the last puck of the year.
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Pillar of the Community
United States
1205 Posts |
Too bad we cannot buy DIRECT the bullion versions....cry's foul....
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Pillar of the Community
United States
900 Posts |
I spoke to Karen at the Mint yesterday and she said starting with the Everglades puck the price will be $154.95. I guess I'll cancel my subscription and get bullion pucks off ebay for <$120.00. If Karen said it, it must be true.
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Pillar of the Community
United States
1280 Posts |
There goes the mint's only good deal :(
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Pillar of the Community
United States
1116 Posts |
Wasn't there enough subscriptions to make it worth while for the mint, or was there so many that is adversely affected the Treasury's take?
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Pillar of the Community
United States
1817 Posts |
Mint to demand for these pucks are an interesting phenomenon. 3 months to go and this year is shaping up to be another 2012. Silver is trending down and with three months left in the year (probably just six weeks left to mint whatever in anticipation of later sales though.)
There are some sleepers among the grouping this year, if you've been paying attention to sales: Great Smoky Mtns: 24,725 vs 31,000 Shenandoah: 26,706 vs 21,000 Arches: 26,665 vs 21,800 Great Sand Dunes: 20,047 vs 10,500 First number is the unc P-puck, the second is the amount of bullion sold thus far to APs. The interest has been in the Mint sold product to collectors, seems the bullion pucks have kind of been overlooked. I don't foresee the bullion numbers growing that drastically since the APs will have to have funds to buy the Everglades puck late next month. With the price of silver at a four year low, the bullion pucks are a steal, and the ones I received this year so far have been well done.
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Pillar of the Community
 United States
1255 Posts |
Do you think the 2014 bullion pucks are going to increase in value in general more than the 2014 P pucks in the future?
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Pillar of the Community
United States
1817 Posts |
@Teach: can't predict anything with these volatile commodities, however, lightning has struck once before in this series. 2013 bullion was probably oversold (just like 2011,) the first and last at 35,000 and the middle three at 30,000, four of them are at the normal markup, while the fifth, Mount Rushmore has a 110% premium over content currently. This overinflated percentage probably means that some big buyer has 50-70% of the entire run forcing whatever's in the market to overinflate. IMO, it's a great design quarter sized, but overkill in the puck. (Jefferson's nose !!)
As for 2014, the bullion has gone under the radar, very similar to 2012, quiet and under appreciated. Everyone seemed to focus on the P's because of the 10% discount. Savvy investors who bought into the Hawaii and Denali bullion pucks in 2012 got back a very nice return this year. I am really liking the Arches design in 3" and Sand Dunes isn't bad either, despite the presence of the people. If the Sand Dunes bullion stays sub-20K, that'll be the puck to watch.
Edited by Bizybackson 09/24/2014 11:26 am
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Pillar of the Community
United States
1205 Posts |
I'm willing to put some investment $$$ into Bullion 2014's...my issue, or, question is: Do I buy raw or PCGS FS MS69 DMPL? If raw, from the usual suspects(MCM, AMPEX, etc..), they have been picked over for their OWN PCGS submissions, and, most likely "2nds"...also, if I want to send into PCGS, I won't get a FS label...I don't agree with First Strike(a conversation for other forum threads)...BUT..the world runs on FS and PCGS for now... Any thoughts, pass them along..buying from private sellers can be risky, as nicks, dings, and issues usually don't show on most ebay pics...
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Pillar of the Community
 United States
1255 Posts |
Thanks for sharing your insight Bizy. I said the same thing when I received the M.R. puck, that has to be the biggest nose ever minted on a coin. I stopped buying the bullion after 2012 and I am thinking maybe I need to start looking at them a little harder now. With the price of silver I'm sure I could get the missing pucks at a decent price. The way it looks it might be some time before silver goes above 20 again.
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Replies: 4,802 / Views: 395,500 |