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2015 Presidential Coin And Chronicles Sets

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Author Previous TopicReplies: 15 / Views: 2,172Next Topic  
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Hollywood's Avatar
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1228 Posts
 Posted 05/24/2015  01:42 am Show Profile   Bookmark this topic Add Hollywood to your friends list Get a Link to this Message Number of Subscribers
Poll Question
These coins will be exciting to own whats your opinion on this ?

http://www.coinworld.com/voices/lou...ld_limi.html


Poll Choices
 One per Household Limit
 Five per Household Limit
 No Household Limit
 I don't care as long as I get mine

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jbuck's Avatar
United States
188130 Posts
 Posted 05/24/2015  01:46 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
"I don't care as long as I get mine"

It probably needs to be one per household though.
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SilverStackerKid's Avatar
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6478 Posts
 Posted 05/24/2015  02:02 am  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
I agree with 1 per house.
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Foxwoods Man's Avatar
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 Posted 05/24/2015  08:56 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Two per would be nice....one to keep and one to sell but....it will probably be one per (I voted 5 per)

The one per will NOT stop the dealers from getting thousands by however means they always use and it will be a dealer cornered market which won't be pretty for those unable to buy direct.

I have a pic that is a perfect example of how the one per works with dealers...this is the original ATB 5 oz. bullion that was supposed to be one set per...(sold by a few Mint selected Authorized purchasers)

I had to go through hoops to get my ONE set (cost close to a grand)....

2015-Presidential-Coin-And-Chronicles-Sets

That is THOUSANDS of sets....





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United States
317 Posts
 Posted 05/24/2015  11:00 am  Show Profile   Bookmark this reply Add PennyPiggy to your friends list Get a Link to this Reply
For a hot item, I'd like the limit at 2. One is thinking about other people and promoting more distribution but as Fox highlighted, the dealers will get their share regardless of limits so setting the limits so low might be shooting collectors in the foot. Five sets is kinda high though especially with such a low mintage.

The bad thing about this whole issue is that it took a gimmick to spur interest in it. That 2014 set that's pictured in the article is really nice. I enjoyed the historical tidbits along with the stamps and that chuck of silver with the bronze next to it was nice. I was thinking "can't wait for the next one" but this upcoming set might be a hassle.
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CelticKnot's Avatar
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12817 Posts
 Posted 05/24/2015  12:24 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I voted one per to help insure that I get my one. Would also like to see two per but I'll take what I can get!
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Hollywood's Avatar
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 Posted 05/24/2015  3:07 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply


Quote:
I have a pic that is a perfect example of how the one per works with dealers...this is the original ATB 5 oz. bullion that was supposed to be one set per...(sold by a few Mint selected Authorized purchasers)

With Mintages of only 17K & 25K these might not last after two days of sales !

The lowerst mintages of the 5oz (P) pucks are 20K !

I wonder if some of the big dealers will have a buy price for unopened sets like some of the bullion pucks .


Quote:
BUYING 5 OUNCE ATB SETS

A-Mark PCGS CH BU Sets - $1525 for sealed boxes or opened

Fresh raw sets $1400 (No damaged or horrible coins)

NGC Gem Unc ER Sets $1525 Not ER $1475
NGC MS68ER Sets $1650 Not ER $1550
NGC MS69ER Sets $3000 Not ER $2600

Call George to confirm, no PM's. 1 800 362 9004 EXT 355
We've been quite busy so if you get voicemail try pressing zero for an operator and ask them to page George.

FedEx check sent on receipt of coins if requested.

PRICES SUBJECT TO CHANGE


https://goccf.com/t/78253&whichpage...2010,atb,5oz

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Hollywood's Avatar
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1228 Posts
 Posted 05/24/2015  11:56 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply

Quote:
The lowerst mintages of the 5oz (P) pucks are 20K !


Typo bullion pucks 20K

P pucks Hawaii Volcanoes @ 14,863 mintage

But there will be some returns on these coin & chronicle sets !

http://mintnewsblog.com/2013/12/201...in-mintages/


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 Posted 05/25/2015  12:27 am  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
What is the running history for Coin and Chronicles sets?

For the last 2 they sat on the market readily for sale for many months and only sold 12K for the FDR and 15K for the Theodore Roosevelt sets.

Sure the upcoming coin & chronicle offerings may appeal to more buyers since they were actually alive to remember those being honored or maybe there will be an upswing int he market for said product due to the previous issues low mintage like the 2012 silver proof sets low mintage boosted 2013 and 2014 sales.
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CelticKnot's Avatar
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 Posted 05/25/2015  03:33 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
The key factor that will drive demand for these 2015 C&C sets is the fact that they will feature Reverse Proof Presidential dollars. At only 17k max mintage each and no other product announced that will contain these RP coins, they're sure to fly off the shelves.
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Foxwoods Man's Avatar
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 Posted 05/25/2015  07:11 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Exactly....it has zip to do with who is on the coin.
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jbuck's Avatar
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188130 Posts
 Posted 05/26/2015  11:04 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
The one per will NOT stop the dealers from getting thousands by however means they always use and it will be a dealer cornered market which won't be pretty for those unable to buy direct.
Perhaps, but I hope that with a single set limit they will only be able to get one fifth their normal total.
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Conder101's Avatar
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 Posted 05/27/2015  11:04 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
As for the picture, was that a regular dealer or a distributor dealer? If a distributor, you have to remember they were not restricted to buying one set they were able to buy as many as they wanted and were only supposed to SELL one per household. Many bought their full allotment and then shipped them all off to NGC. (And I'm sure a lot of them ignored the one per person selling limit as well which would explain how other dealers got large quantities.


Quote:
At only 17k max mintage each and no other product announced that will contain these RP coins, they're sure to fly off the shelves.

While there is currently nothing on the schedule, late last year the mint did mention a plan to issue a full reverse proof SET in 2015. Nothing has been officially said about it since then. Could you see them selling these very low mintage coin and chronicles sets, an then announcing the full reverse proof sets that would also contain these reverse proof dollars?
Edited by Conder101
05/27/2015 11:16 am
Pillar of the Community
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 Posted 05/27/2015  1:21 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
I think the limit should be two per household. I'd like one to keep in the OGP and then one for my small dollars collection. Whatever the limit is, I'll buy as many as I can. This way I can trade for another set that I might have trouble getting.


Quote:
The Mint will earn the same revenue no matter where the sets end up, but spreading them around more evenly would further the Mint's goal of making U.S. numismatic coins available to as many collectors as possible.

They may earn the same revenue per set, but the shipping revenue will be different. Packaging multiples together saves money, but each order has one shipping charge. At $4.95/order and a limit of five, that's $0.99 per set. Shipping for five sets would be more than $4.95, so the rest comes from the selling price of the sets. At a limit of two sets, the mint would likely be shipping twice as many packages. They'd also have about twice as many $4.95 charges. My bet is that considering the total cost of shipping (rates, packaging, labor, etc.), the mint would be better off with a limit of five. Then again, it's not about them, it's about us because in theory they're supposed to work for us. So, I say make it two, but I'm fine with five so long as I get mine.
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Foxwoods Man's Avatar
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 Posted 05/27/2015  1:57 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
As for the picture, was that a regular dealer or a distributor dealer?


Regular dealer....not an AP
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jbuck's Avatar
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 Posted 05/27/2015  3:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Could you see them selling these very low mintage coin and chronicles sets, an then announcing the full reverse proof sets that would also contain these reverse proof dollars?
I would have to laugh.

I am not buying this set for the reverse proof dollar. I want the set because I have grown to like the silver medals within. The dollar coins are a bonus.
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