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Has Anyone Else Seen The " Mint Direct " ASE's, "W" And Age's 20 In A Roll?

 
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Author Previous TopicReplies: 8 / Views: 393Next Topic  
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 Posted 06/02/2023  11:10 am Show Profile   Bookmark this topic Add morgans dad to your friends list Get a Link to this Message
I saw Today, for the First time Ampex Is promoting a 20 Pack Roll of American Silver Eagles, Mint Marked " W ".

I also saw the have Another promotion for the American Gold Eagles, Not sure if they are the Collectors Versions with the Mint Mark. Another 20 pack Roll..... The Label on the Pack says " MINT DIRECT ".....

I believe AMPEX promotes these Directly from the Mints ? Thoughts ?

PS, I buy Plenty but 20 American Silver Eagles, Hopefully Discounted Too, They would be Great to Commemorate an Event.!!!!
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 Posted 06/02/2023  11:50 am  Show Profile   Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
Mike, the bulk dealers have option to buy 40 coin bulk packs at a better cost, and then sometimes repackages them as they have a lot of specialized repackaged items such as being in TEP Package.

The MintDirect process guarantees that these unsearched tubes of fresh Silver Eagles are taken directly from mint-strapped Monster Boxes, and each 20-coin tube is sealed to ensure that the coins remain in the same condition as when leaving the U.S. Mint.

APMEX uses a special machine for this sealing process to ensure the products you receive are sealed completely once they are removed directly from the mint boxes. The mint tubes are placed on the conveyor leading into the machine and the sealing process seals both ends of each tube with tamper-evident packaging. After the process is completed, the tube is removed from the machine and then checked to ensure the quality of the packaging meets our exacting standards. You now have a finished tube of MintDirect 1 oz Silver American Eagle coins.

Once completed, the MintDirect® tubes are stored back in the vault until they are ordered by our customers. By using this process, APMEX can guarantee the coins you receive are in exactly the same condition and packaging as they were when they left the United States Mint.

The MintDirect process provides you the assurance this product has not been opened, sorted or searched.
Edited by datadragon
06/02/2023 11:54 am
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 Posted 06/02/2023  3:11 pm  Show Profile   Bookmark this reply Add RPT to your friends list Get a Link to this Reply
I don't think they have a "W" mint mark. That would make them Burnished or Proof.
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 Posted 06/02/2023  4:32 pm  Show Profile   Bookmark this reply Add datadragon to your friends list Get a Link to this Reply

Quote:

I don't think they have a "W" mint mark. That would make them Burnished or Proof.


Yes, The Silver Eagles being promoted are not W mint marks. https://www.apmex.com/product/25863...PCGS-fs-tube The MintDirect Premier + PCGS FirstStrike ensures products received are sealed completely and in the condition they left the mint. Unopened tubes are taken from the mint boxes and sealed on both ends with tamper-evident packaging. Once sealed, the tube is analyzed to assure packaging satisfies APMEX's quality guidelines.

This is a partnership that offers FirstStrike designation long after the eligibility cutoff date. PCGS has reviewed and confirmed the process APMEX has in place to secure coins from mints around the world and proudly stands by their products being received within 30 days of initial release and stored in a way that ensures the condition of the coins. MintDirect Premier products in their sealed packaging will remain eligible for the FirstStrike designation if submitted to PCGS for grading long after new FirstStrike-eligible coins are typically gone from the market. Previously, coins had to be stored in sealed monster boxes in secure, PCGS-approved storage locations since before the FirstStrike deadline to qualify for this designation. They also offer other products now beyond the US Mint, so possible to further expand. https://www.PCGS.com/ APMEX
Edited by datadragon
06/02/2023 4:33 pm
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 Posted 06/02/2023  8:55 pm  Show Profile   Bookmark this reply Add morgans dad to your friends list Get a Link to this Reply
David,


I appreciate Your in depth information. I thought I read the ASE's would have the Mint Mark, The reason for the Post... I have Never heard of the " Mint Direct " Promotions before, In fact, I had NOT heard of the Process... I Really Should get Out more Often

I mean I know there are 12 Authorized Dealers for the Mint's BULLION products. I Really Believe the Mint Marked Coins of the ASE's are What I read.... I will see if I can locate it Again. Thanks, Mike
Edited by morgans dad
06/02/2023 8:58 pm
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 Posted 06/02/2023  9:15 pm  Show Profile   Bookmark this reply Add morgans dad to your friends list Get a Link to this Reply
David, I saved the Promotion, They show the Type 2 with a Mint Mark for sale, Black tubes of 20" Mint Direct ", First Strike, Eligible Too........ The Picture shown in their promotion is a ASE with a Mint Mark.!!!!
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 Posted 06/02/2023  9:17 pm  Show Profile   Bookmark this reply Add Gilly to your friends list Get a Link to this Reply
It sounds just like JM Bullions MintSealed product. JM also does these coins individually as well. I did buy a 2023 bullion ASE Mintsealed and it looks really great. I left it in the small package they seal it in. It is perfect.
Edited by Gilly
06/02/2023 9:18 pm
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 Posted 06/02/2023  9:25 pm  Show Profile   Bookmark this reply Add datadragon to your friends list Get a Link to this Reply

Quote:
David, I saved the Promotion


If you have a link or can upload a photo it sounds like they made a mistake, all the black tubes were from the 2020 start of the PCGS/apmex partnership and I don't see a mint mark as they are bullion. You can only get 40 packs not a monster box with individual tubes for the 2023-w which they then seal unopened so you are getting mint direct without handling of the actual coins.


Quote:
It sounds just like JM Bullions MintSealed product. JM also does these coins individually as well. I did buy a 2023 bullion ASE Mintsealed and it looks really great. I left it in the small package they seal it in. It is perfect.


Yes pretty much they all just take a sealed tube from a monster box and seals the entire unopened tube with tamper-evident plastic. APMEX mentions a machine does it but so long as the tubes are sealed they are at least not handled by people after receiving from the mint then opening the tube as an individual seller would do which is the benefit. APMEX can grade theirs with first strike and gives a free account to do so because you are grading 20 coins.
https://www.jmbullion.com/mintsealed/
Edited by datadragon
06/03/2023 07:49 am
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