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Moderator
 United States
189222 Posts |
Quote:
Maybe a $5 or a sawbuck. Still better than the one dollar note that they need to quit printing anyway.  Maybe they know something that we do not...  |
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Pillar of the Community
United States
3473 Posts |
Or perhaps a Proof/Reverse Proof/Enhanced Uncirculated three coin offering with a one dollar note.
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Moderator
United States
189222 Posts |
Quote:
Or perhaps a Proof/Reverse Proof/Enhanced Uncirculated three coin offering with a one dollar note. I might actually have to consider such a set.  |
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Pillar of the Community
United States
1913 Posts |
This is either going to be an interesting offering or just plain sad.
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Valued Member
United States
174 Posts |
Well I learned a lesson recently about the US Mint. Ryder is running it like some of the more expensive secondary dealers. Judging from the sales of products that do NOT offer extra coins or are fueled by fear (silver and gold coins in the past 2 months), sales will fall. Furthermore their reasons for price increases are not strong just they have to compensate for the rise in labor and costs. When did copper. cotton and linen shoot up so much? And the answers you get are from customer service simply regurgitating the department line. Hopefully Ryder willing et investigated and will find that some of this is outright gouging and potentially low-level fraud. Just need more politicians as those in Alaska did recently with the 2020 Native American dollars to order product from the US Mint. Another thing I learned is they will defend their pricing at any cost of integrity. I noticed that the American Innovation Reverse Proof coins are now available as a bundle at a slightly reduced price. The Pennsylvania and Delaware coins were $9.95 and Georgia and New Jersey $9.95. However I bought the Jersey and Georgia coins two months back when they were $11.50. When I asked why to US Mint, I was told that they have the discretion to lower or raise prices at will. So, I suggest with the Native American Coin and Currency and other products going forward to do the following: WAIT UNTIL THEY OFFER A DISCOUNTED PRODUCT --- DO NOT BUY IT IMMEDIATELY. Very hard advice to follow (I didn't follow it for the 2020 Silver Proof Set and got one but they will be on sale again and may I remind you all the silver proof sets from 203 - 2018 all had mintages BELOW 400K with 2018 being 240K.) Only reason 2012 sets are priced so high is everyone though it would be a key year and turned out NOT to be. So many people bought it on the secondary market at inflated prices. If 2012 silver proof sets run for $140 then the 2018 should run $100 - lower mintage but less products in the set. This applies to Native American Coin and Currency sets - the first year is always overpriced ($60) on the secondary market while subsequent years are more reasonable. What would be a great contribution to newcomers of coin collecting is a guide on how to buy stuff from the US Mint. For example, listing the products that will immediately sell for less within a few months of release on the secondary market (clad proof sets and uncirculated sets) unless they contain error coins and the only reason to buy these from the US Mint (to gamble you may get an error coin). Products that are worthwhile to get from the US Mint and some that are so-so. Also remind newcomers to go to the correct site. One person I know thought that Govmint.com was the official government US Mint and ended up paying $155 for a 2020 Silver Proof set with a slabbed and graded reverse proof penny! |
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Pillar of the Community
United States
1913 Posts |
Quote:Another thing I learned is they will defend their pricing at any cost of integrity. I noticed that the American Innovation Reverse Proof coins are now available as a bundle at a slightly reduced price. The Pennsylvania and Delaware coins were $9.95 and Georgia and New Jersey $9.95. However I bought the Jersey and Georgia coins two months back when they were $11.50. When I asked why to US Mint, I was told that they have the discretion to lower or raise prices at will. I agree with your sentiments, but I don't see anywhere that they changed the price of individual Innovation RP dollars. The Georgia and New Jersey RP's were $11.50 each from their release dates. The Pennsylvania and Delaware RP's are still $9.95 each. I looked, but can't find a RP bundle. Please provide a link if there is one. I do see a bundle for the 2018 introduction proof and the four 2019 proofs. That's kind of a hose job for those who buy early. You should get a discount for buying early, not late. |
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Pillar of the Community
United States
2023 Posts |
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Pillar of the Community
United States
587 Posts |
The bundle is priced the same as if purchased separately. It's $42.90.
The first two coins are $9.95 each, and the other two are $11.50 each. $19.90 + $23 = $42.90.
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New Member
United States
1 Posts |
Hello I just received a response from the Mint: Hello John: I am replying on behalf of Director Ryder, who is currently out of the office. I thank you for being a Mint customer, and I am very happy to hear that your grandson is interested in numismatics. Thank you for your interest in the 2020 Native American Coin and Currency Set product. Unfortunately, because of impacts to Mint production due to COVID-19, we will not be selling the 2020 Native American Coin and Currency Set. I encourage you to visit https://catalog.usmint.gov/ and browse the many products we are offering for sale. |
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Pillar of the Community
United States
2627 Posts |
 to the CCF, @jad1175! Quote:
Unfortunately, because of impacts to Mint production due to COVID-19, we will not be selling the 2020 Native American Coin and Currency Set. That's disappointing, although not surprising. Granted, I wasn't going to pay $34.50 for this set anyway, but hopefully they'll release another set in 2021 at a reasonable price.  |
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Bedrock of the Community
  United States
12845 Posts |
Ah, man. Not the answer I was hoping for but it is what it is. Thanks for chasing this one down, John!
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Valued Member
299 Posts |
The Sacagawea design has been an abject failure since Day-1. Yet 20 years later they are still being produced. Cash cow ? Political correctness ? I don't know. For sale at premium to collectors ? Yep.
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Moderator
United States
189222 Posts |
The only failure is our unwillingness to terminate issue of the one dollar note. Get rid of that old rag and the baby dollars will fly out of the vaults.  If you do not like them, do not buy them. Someone is buying them or else they would quit making them. For what it is worth, I do enjoy them being part of the annual sets.  |
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Pillar of the Community
United States
1913 Posts |
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The only failure is our unwillingness to terminate issue of the one dollar note. Get rid of that old rag and the baby dollars will fly out of the vaults. +1 Personally, I love the Native American dollars. The obverse depicts an American and former slave who played a significant roll in American history. I especially like that the reverse is new each year. |
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Moderator
United States
189222 Posts |
Quote:
The obverse depicts an American and former slave who played a significant roll in American history. I especially like that the reverse is new each year.  |
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Replies: 25 / Views: 5,472 |
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Posted 04/20/2020 1:10 pm
