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Replies: 2,265 / Views: 182,391 |
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Valued Member
United States
220 Posts |
@Corbe I agree I wish they had split them up as well as reducing the hhl.
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Pillar of the Community
United States
1806 Posts |
I am still curious why they are doing pre-order rather than just sell them in October. It is not like buying a concert ticket where they are holding the money and earning interest. The mint does not charge until they ship.
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Pillar of the Community
United States
850 Posts |
it might be so that they can make them to order up to the Upper limit. So instead of making 100k of a coin, selling 80k, then having to sell them in bulk pricing for cheaper/maybe loss, they at least are sure they wont have Overstock of any coin.
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Moderator
 United States
191424 Posts |
Sounds about right to me. 
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Pillar of the Community
United States
3540 Posts |
What did the latest U.S. Mint announcement do to the price of the first two offerings?
With a household limit of 3, believe this drove the price up for on the first two issues. Yes? No?
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Pillar of the Community
Germany
992 Posts |
Quote:So instead of making 100k of a coin, selling 80k, then having to sell them in bulk pricing for cheaper/maybe loss, they at least are sure they wont have Overstock of any coin. That might be the case. However, do we really think the Mint will not be able to sell all the Morgan/Peace Dollars within hours of putting them up for sale?
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Pillar of the Community
United States
850 Posts |
Quote: What did the latest U.S. Mint announcement do to the price of the first two offerings?
With a household limit of 3, believe this drove the price up for on the first two issues. Yes? No? As far as I know, the announcement has nothing to do with the first two offerings. I am sure this will cause the first 2 in the set to go up in value as they were harder and less of a spread among collectors. The CC Morgan goes for 230-260 right now on sold listing for OGP and the O Morgan is 210-230 in OGP. If them make these other coins more available for everyone including collectors the demand for the CC and O should go up more for people to want to complete a set, I would think. Quote: That might be the case. However, do we really think the Mint will not be able to sell all the Morgan/Peace Dollars within hours of putting them up for sale? They will be able to sell them all at least within a day of release. 75k mintage is not a ton of coins especially how popular the Morgan dollar is.
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Pillar of the Community
United States
3540 Posts |
New household limit is 3 for the remaining releases.
Concur with coincolleter123.....believe the first two issues will hit $500 per when the next series are released.
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Moderator
 United States
100610 Posts |
Quote:They will be able to sell them all at least within a day of release. 75k mintage is not a ton of coins especially how popular the Morgan dollar is. The release limit on the Morgan D, S and P coins has been set at 175K not 75K. The Peace dollar is at 200K.
Edited by Dearborn 06/27/2021 08:45 am
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Pillar of the Community
United States
504 Posts |
I just lost my 2 coins, someone was charging my card and the bank said I had to close it to be investigated.U.S Mint wouldn't accept my new card, the agent say she want close it but let it go though in Oct if no change happen. Do anyone no how I can bypass that situation to use another card, who I can talk too. Thanks
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Pillar of the Community
United States
3332 Posts |
Quote: I just lost my 2 coins, someone was charging my card and the bank said I had to close it I think that is a concern for everyone here. Since PayPal was not an option that day, I used my one and only credit card and am hoping that it doesn't get hacked between now and October. I know of very few people who haven't had a problem with a credit card that required closing the account. One of the many drawbacks to this "pre-order" business model. I hope someone can provide the proper resolution for this problem - I will be eagerly looking for that reply in case this happens to me, too. I very rarely deal directly with the Mint but would think that a phone call could rectify the situation - apparently not. Edited for clarity
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Edited by Bump111 06/28/2021 3:40 pm
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Pillar of the Community
United States
1806 Posts |
Quote:Quote: So instead of making 100k of a coin, selling 80k, then having to sell them in bulk pricing for cheaper/maybe loss, they at least are sure they wont have Overstock of any coin. That might be the case. However, do we really think the Mint will not be able to sell all the Morgan/Peace Dollars within hours of putting them up for sale? Right, they will not have any problem selling Morgan / Peace dollars. They should employ this strategy for the commerative programs.
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Bedrock of the Community
 United States
12878 Posts |
I might just lock my main card in the safe until October and use a different one.
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Pillar of the Community
United States
1054 Posts |
Should be able to call your credit card company and place a temporary hold. Once the date nears just lift the hold.
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Pillar of the Community
United States
504 Posts |
They put my money back on my card that they took and I just receive my new card but the US Mint want accept it, but my order still in back order. It not right you work hard to get them coins and they want replace the old card. If the money wasn't on the card I understand what they doing but they had a pending on my card until it disappear.
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Replies: 2,265 / Views: 182,391 |