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Anonymous Mint Hh Limit Compliance Survey

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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 08/13/2015  4:43 pm Show Profile   Bookmark this topic Add OldSkoolMadSkilz to your friends list Get a Link to this Message Number of Subscribers
Poll Question
Just a survey to see if the mints HH limits are actually effective. My prediction- they are not.

So, how many Ike C & C sets did you purchase or were purchased on your behalf.

Poll Choices
 Just one
 Two
 Four
 Six
 Eight
 Ten or more

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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 08/13/2015  4:48 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
Really, first vote 10 or more? I'm glad this is anonymous. Is MCM on this forum or is someone messing with me?

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GR58's Avatar
United States
11951 Posts
 Posted 08/13/2015  5:16 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I have no problem posting that I bought two.
Both are for my collection, I may at some point
sell one set at a profit.

I get the feeling that some think the mint is putting
out products, just for the individual collector.

I don't think that.

The biggest customers for the mint are coin dealers. And have been for years. The dealers buy multiples of most
the mint offerings.

In recent years there have been a rise in individuals
buying mint products to resale at a profit. Sometimes
it works out sometimes they lose money.

The mint puts out a lot of surveys. I have taken several.
I know they get responses for limited mintage collectables.

I believe the mint tries to provide products for all the
different types of customers they have.

When you have limited mintage, someone in all those groups
are not going to get to purchase all the products they hope to.

In the past, when they have raised the mintages on some
products, they have killed the collector value of those
coins. We saw that on the 2012 and 2013 ASE sets. They
up the mintage and now those sets trade at below issue price.

There is no real way to make all the groups happy.
The coin shops, individuals and the flippers are
all a part of this hobby.

If I was not lucky enough to purchase a limited mintage
product. I would do one of three things.
Buy one at the inflated price.
Wait a year or so, and buy at a adjusted price (good chance lower)
Not buy one at all, and move on.
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 08/13/2015  5:33 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
At least there wasn't any fighting in the streets like the Baseball HOF release. I don't think we'll be seeing any limited show releases for a while.

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jbuck's Avatar
United States
187702 Posts
 Posted 08/13/2015  6:07 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Guests (non-members) can vote, so assume it was a troll.
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 08/13/2015  8:29 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
I purchased 2 sets
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Bassmaster_3's Avatar
United States
47 Posts
 Posted 08/13/2015  8:48 pm  Show Profile   Bookmark this reply Add Bassmaster_3 to your friends list Get a Link to this Reply
I purchased four the first day and had my cousin buy two. My gf tried to get to for me to flip but got shut out. I will keep two for my collection and then save the rest for trading in case I can't get Kennedy or LBJ. Once I have secured those two Presidential sets, I will sell my extra Ikes for a nice fat profit to offset the hundreds of dollars in lost value from buying US Mint proof sets from the mint during the State Quarter years.

What goes around comes around, and I first started coin collecting in 2005 by buying the proof sets and annual coin sets directly from the mint only to have them be worth a fraction of what I paid (I paid inflated dealer prices for '99-04 to make it worse). Now I am making money on something from the mint. Perhaps in the future I will lose out on stuff. I see this as like the stock market. You make money on some stocks and you lose money. Got to ride the ups with the downs.
Edited by Bassmaster_3
08/13/2015 8:50 pm
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DeodatusAlp2002's Avatar
260 Posts
 Posted 08/13/2015  10:42 pm  Show Profile   Bookmark this reply Add DeodatusAlp2002 to your friends list Get a Link to this Reply
Um, you forgot the option of none. I bought 0 sets.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/14/2015  06:56 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Sorry...incorrect post (mine)
Edited by Foxwoods Man
08/14/2015 06:57 am
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CSOTUS's Avatar
1153 Posts
 Posted 08/14/2015  07:05 am  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
Would like to see a few extra options

Zero, I didn't want it
Zero, I wanted it but missed sale
Edited by CSOTUS
08/14/2015 07:06 am
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/14/2015  07:21 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
Would like to see a few extra options

Zero, I didn't want it
Zero, I wanted it but missed sale


Since the purpose of the poll is to see if the HH limits worked there would be no point for collectors who were not interested to respond..

Point two is right on with the addition of "tried but failed"
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Debrajc's Avatar
United States
4211 Posts
 Posted 08/14/2015  07:27 am  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
I ordered 2...because I needed 1 for each of these sets:

If I had only needed 1 that's all I would have ordered. And yes, I am missing the Teddy Roosevelt one. I will get one soon.



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Anonymous-Mint-Hh-Limit-Compliance-Survey
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jbuck's Avatar
United States
187702 Posts
Bedrock of the Community
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CelticKnot's Avatar
United States
12813 Posts
 Posted 08/14/2015  09:52 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I abided by the HH limit and got my two.

Now, if I wasn't busy at work I may have tried for a 2nd order but didn't have the time to fool around with it and barely got my one order in anyway. So I'm happy.
Edited by CelticKnot
08/14/2015 09:54 am
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coinhunting's Avatar
United States
3 Posts
 Posted 08/14/2015  10:30 am  Show Profile   Bookmark this reply Add coinhunting to your friends list Get a Link to this Reply
awesome, Debrajc.
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Atlas642's Avatar
United States
562 Posts
 Posted 08/14/2015  10:35 am  Show Profile   Bookmark this reply Add Atlas642 to your friends list Get a Link to this Reply
That's really cool, Debrajc!

I'm working on the same Chronicles series. Picked up the Ben Franklin set a couple of weeks ago and the Theodore Roosevelt set a month or two ago. I think you'll find the Theodore Roosevelt set to be a nice set (it's one of my favorites).
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