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2018 World War I Centennial Silver Medals  
 

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Valued Member
United States
464 Posts
 Posted 06/26/2018  6:31 pm  Show Profile   Check BadDog's eBay Listings Bookmark this reply Add BadDog to your friends list Get a Link to this Reply
Is the Mint still shipping these medals? The combined mintage keeps going down (now at 56933, down a bit over 9% from the high of 62,660). I would have thought that with the 7 day return privilege that the total would have stabilized by now.
Valued Member
United States
464 Posts
 Posted 07/04/2018  7:20 pm  Show Profile   Check BadDog's eBay Listings Bookmark this reply Add BadDog to your friends list Get a Link to this Reply
An even bigger drop this week

Total production now stands at 53,652. Down -3.281 for the week.

Bedrock of the Community
United States
10440 Posts
 Posted 07/04/2018  7:42 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I would have thought that with the 7 day return privilege that the total would have stabilized by now.


That's only for small collectors not big buyers.
Valued Member
United States
464 Posts
 Posted 07/04/2018  8:17 pm  Show Profile   Check BadDog's eBay Listings Bookmark this reply Add BadDog to your friends list Get a Link to this Reply
Are you saying that the 7 day return privilege for Numismatic Customers changes depending upon the size of the order? So, in effect, there is a different category of customer?

I thought there were only 3 types of direct buyers: Bulk Program Buyers (and Commemoratives aren't part of this program), Bullion Program Buyers and Numismatic Program buyers. Do large buyers somehow have a different category unto themselves?
Bedrock of the Community
United States
10440 Posts
 Posted 07/04/2018  9:34 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Are you saying that the 7 day return privilege for Numismatic Customers changes depending upon the size of the order? So, in effect, there is a different category of customer?

I thought there were only 3 types of direct buyers: Bulk Program Buyers (and Commemoratives aren't part of this program), Bullion Program Buyers and Numismatic Program buyers. Do large buyers somehow have a different category unto themselves?


More or less just saying that if you spend enough money you get different rules, same which is true with any business. It's more likely that the return numbers have a good chunk from one source than that 3,200 people each returned one last week or that the 10k returns they have had have been all small collector type buyers.

Personally I am happy that it's happening again like it generally does every time they do a mint to demand take orders then mint it type product. I hate when they do things with long delays like that and hopefully they'll learn a lesson from the pattern
Pillar of the Community
United States
567 Posts
 Posted 07/09/2018  12:34 pm  Show Profile   Bookmark this reply Add RPT to your friends list Get a Link to this Reply
There isn't a lot of secondary market traffic with the World War I coins. Usually it's pretty easy to get the proof and BU issue in a 69 graded holder for about the same price or less than the mint. No eBay sellers seem to be doing 99 cent auctions with 69s.
Valued Member
United States
205 Posts
 Posted 07/09/2018  12:39 pm  Show Profile   Bookmark this reply Add ikeyPikey to your friends list Get a Link to this Reply
I'm missing something. How does cumulative production decrease?
Why collect coins? Memory is the second thing to go. The use of money is the last thing to go.
Valued Member
United States
464 Posts
 Posted 07/09/2018  1:28 pm  Show Profile   Check BadDog's eBay Listings Bookmark this reply Add BadDog to your friends list Get a Link to this Reply
It's really sales, but the Mint calls their webpage Production Sales Figures. The decrease is due to returns.
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