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Replies: 4,802 / Views: 394,746 |
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Pillar of the Community
United States
1817 Posts |
@jack_jackel: re: the Chaco coin, it was available for over 9 months @ $204.95, then in October the coins went up $25.00 to $229.95, and then the sellouts started happening in January, so it wasn't like the writing wasn't on the wall to see that final mintage levels of the last 2012-P coin wasn't going to go over 17,500. If you were waiting on the lowered sale price your trigger fingers had to be quick. Most casual collectors only go after these coins when there is a near sellout when everyone else is jumping on the bandwagon on the item. I don't understand why collectors have this attitude, unless they're merely flippers? Re: the Gettysburg bullion in Gettysburg-P OGP: $50+ just for the box with OGP? Really? Has anyone seen/ ordered this Mint product from APMEX? I'm curious if it's exactly like the uncirculated OGP with minor lettering changes on the box: http://www.apmex.com/Product/62529/...int_Box.aspx
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Bedrock of the Community
13014 Posts |
Quote: Most casual collectors only go after these coins when there is a near sellout when everyone else is jumping on the bandwagon on the item. I don't understand why collectors have this attitude, unless they're merely flippers? Its human nature. People want things that they view as special. People dont get excited about things they view as common. If it looks like something will be lower than expected it gets a special feeling to it that makes it desirable. Its the same reason why everyone wanted the 2011 ASE set with the low mintage, but the 2013 set basically sold the same number to collectors with a large portion being bought for resale because the low mintage makes it special.
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Pillar of the Community
United States
3789 Posts |
@Doug
thanks for the info never looked closely at those, EVER. I dont know if I would really get into the quarters tho interest has been perked because of these 5 oz BU pieces.
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Pillar of the Community
United States
899 Posts |
Bizy - the details on that box indicate the coin inside an airtite won't fit in the holder. It is designed to hold the coin alone. So no - not exactly like the regular boxes.
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Pillar of the Community
United States
1817 Posts |
Thanks, Doug, for the input. I'll try to remember to include this product with the next APMEX order. I'll be very surprised if the injection molded insert is sized differently than for the uncirculated coin with gov't holder. The irony is that the majority of single bullion coin sales now come with a free or minimal cost Air-Tite holder.
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Pillar of the Community
United States
2168 Posts |
So have any of you received the NH coin yet? I am waiting now. Silver is so low in comparison to the even lower 179 price. I will probably buy but money is short since I did get 2 of the Chaco Culture when they dropped.
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Pillar of the Community
United States
899 Posts |
Mine shows in stock and reserved - has since I ordered it. I am guessing they are shipping the subscriptions first then the online orders - but it has only been 5 days. update: 2013 ATB SILVER UNC 5 OZ - WH MTN 1 $179.95 $179.95 1 unit shipped on 05/21/2013
Edited by Doug58s 05/21/2013 3:18 pm
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Pillar of the Community
United States
2168 Posts |
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Pillar of the Community
United States
1817 Posts |
First week's numbers for White Mountain 5oz:
P: 10,605 Bullion: 23,300 (after 8 days of sale)
Strong start, but as always the momentum will eventually stall and people are going yawn over these again. Already the bullion has sold more than Volcanoes and Denali, and that is going to make the flippers pause. This wouldn't be the coin for the year anyway. The collector coin will probably end up around 16-17K as each release seems to sell over 50% of its total distribution in the first week of sales.
Given the upcoming decreases in the silver sets, is $180 too much to pay for $115 worth of physical silver? There will be collectors waiting to see if there will be another price cut and that too will slow sales down.
Edited by Bizybackson 05/21/2013 7:05 pm
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Bedrock of the Community
13014 Posts |
I expect the bullion sales to be strong with the reasonable price they have with spot crashing.
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Pillar of the Community
United States
899 Posts |
I'm expecting better sells on these now that the price is under $200. It is still a pretty stiff yearly cost for many people - that collect silver. I bought both the P and bullion ... I agree the bullion is the value buy - but after getting my Chaco - I've decided I actually like the frosted finish better.
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Pillar of the Community
United States
2168 Posts |
Bizybackson-Thanks for posting the sales. I'm kind of waiting now. You are right about the price even at 180, a lot more than value of the silver. What decreases are you talking about on silver sets?
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Pillar of the Community
United States
1817 Posts |
@angel2004: the Mint took the unusual step of issuing a bulletin today for price changes to happen tomorrow: Silver Quarter set: $36.95 from $41.95 Silver Proof Set: $60.95 from $67.95 Congratulations Set: $59.95 from $64.95 The single coins were adjusted a few weeks ago so another price drop probably won't happen unless silver goes sub-$20 and stays there. There is room for the 5oz. ATB to come down a bit more, to $154.95, and the Mint would still make money although they probably paid market for the blanks when it was $30/oz. so it's probably not going to happen.
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Pillar of the Community
 United States
1255 Posts |
Just received emails yesterday that both my new bullion and P pucks are being shipped. Too bad I am going on vacation and will not see these coins for two weeks. I guess I bought my silver proof set too early. I did cancel all of my subscriptions at the US Mint. For now on I am going to bundle everything for the shipping and maybe save a few dollars when the bottom drops out of the Ag market again :)
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Pillar of the Community
United States
2168 Posts |
Thank you! Yes, I just saw the decreases. I haven't bought the 2013 yet so that's good. Yes, I agree on your thoughts for the 5oz. coin. I think with lower spot in relation to cost, some may wait. I know I am. But, look what happened at the end of last year! The Mint raised the price of the 5oz coins with silver not going up. I really thought that was strange.
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Replies: 4,802 / Views: 394,746 |