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ATB Five Ounce Silver Coins

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Pillar of the Community
United States
1913 Posts
 Posted 05/11/2017  5:13 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
You might want to see if you can get it 3rd party graded with a special "Hit the floor" error designation. :)
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CelticKnot's Avatar
United States
12870 Posts
 Posted 05/11/2017  7:32 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
That's horrible QC. Back it goes.
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Teach's Avatar
United States
1255 Posts
 Posted 05/12/2017  11:19 am  Show Profile   Bookmark this reply Add Teach to your friends list Get a Link to this Reply
I tend to believe that QC does not exist at the mint any longer. Just clones jamming pucks into packages as fast as they can.
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1913 Posts
 Posted 05/12/2017  11:25 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
I'd say that's more evidence to prove that there literally is no QC.
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Taphandle's Avatar
United States
154 Posts
 Posted 05/12/2017  2:02 pm  Show Profile   Bookmark this reply Add Taphandle to your friends list Get a Link to this Reply
It's a pretty good dent, I bet there is a procedure and paperwork involved if an employee damages a coin. It's easier to just brush it off and put it in the capsule I guess.

I don't know this for sure, just my guess. Waiting on a return label.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 05/16/2017  12:44 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
SD Bullion has Ozark pucks pre-sale for $97.32 any quantity (+$6.95 shipping per order)
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 Posted 05/17/2017  11:31 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply

Quote:
These are the latest bullion sales figures:
Effigy Mounds National Monument 21,200
Frederick Douglass National Historic Site 19,600

Here's where they stand now:
Effigy Mounds National Monument 21,500
Frederick Douglass National Historic Site 20,000

This figures seem really low versus others in the series. Is Frederick Douglass done? I bought a monster box of the Effigy Mounds National Monument as a bullion/numismatic play long term investment. It's hard to believe that I have 1 of 215 monster boxes that were produced. If the mint makes $2/oz, then their gross profit was only $43,000 (215x100x2). Subtract from that the cost of the monster box, dies, labor, overhead, etc. and I'd bet that the mint is losing money on these.
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 Posted 05/17/2017  4:07 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
Interestingly, the price of the Frederick Douglass bullion puck has shot up about $10 above the Effigy Mounds over the past few days.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 05/17/2017  4:35 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
I saw that also...

Provident is out of both of them

JM Bullion shows $24 more for Doug

APMEX is $8 more for Doug

SD Bullion is $12 more for Doug
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Teach's Avatar
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1255 Posts
 Posted 05/17/2017  4:43 pm  Show Profile   Bookmark this reply Add Teach to your friends list Get a Link to this Reply
Any speculation on why the price difference between the 2 pucks? Is the Doug puck done?
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 Posted 05/18/2017  09:25 am  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
^
No, just temporary shortage imho. We're not even halfway through the year yet and the mint will keep on minting based on what the APs want... Right now, dealers raise prices based on demand. They will get cheaper again eventually.

If you're looking for a few older ones (Saratoga, Bombay Hook, Olympic), SGB has a few on offer - remember that the discount will come off once the items have been put into the basket; i.e. the price you see is not what you pay:
https://silvergoldbull.com/deal-zon...MO=deals-nav
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 Posted 05/25/2017  4:54 pm  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
To give an update on my COA issue:
I returned the three coins with the wrong COA. They were received by the US Mint on May10. As I didn't hear from them for a week I called and was told that they will issue a refund, even though I was dead certain that I checked the box for replacement items; i.e. they will send me three new coins. OK, I thought - just place another order which I did on May18. I received the three coins on May23, but still no refund... Today (May25) I get an email with an order confirmation for the replacement of my original order. I called and was told they can't cancel the order anymore. But the customer service rep said she will send me a return shipping label.
Such as a waste of time & of our tax dollars and only because they are incapable of putting three pieces of paper in the mail... Quite sad if you think about it.
It also makes you wonder why it took them more than two weeks from receiving returned items to send replacements. I can imagine they have a huge backlog of returns to process.?

Edited by omxfl
05/25/2017 4:56 pm
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CelticKnot's Avatar
United States
12870 Posts
 Posted 05/25/2017  8:36 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
Such as a waste of time & of our tax dollars...


It's not a waste of anyone's tax dollars, but it is a colossal waste of your time, unfortunately. I hope the saga finally gets resolved satisfactorily for you.
Edited by CelticKnot
05/25/2017 8:37 pm
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 05/26/2017  08:23 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Keep the best three and return the others. Just don't drive yourself nuts trying to figure out the Mint.

Edited by Foxwoods Man
05/26/2017 08:31 am
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jbuck's Avatar
United States
190950 Posts
 Posted 05/26/2017  2:52 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
It's not a waste of anyone's tax dollars...
Yup, the mint is self funded.
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