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Replies: 1,627 / Views: 120,041 |
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Pillar of the Community
United States
584 Posts |
I put one up for sale on ebay twice but they keep taking it down. I'm following the same thing as other sellers. Presale ect ect.. An hr after they took mine down a set sold for the exact amount I was selling mine for. Then about 2hrs past that another sold for $100 more, Its driving me crazy. I see people with 2 and 3 orders sold, for 5 set lots. How can this be? It just ain't right. Anyone else getting their listing(s) shut down. One of the things ebay said was a reason for shutting down the listing was, The mint sold out of these sets very fast, they can't expect everyone to receive their orders so you can't sell until sets in your hands. I know darn well the guy who already sold 3 Five Set lots don't have them yet. It just don't make any sense. Although I've been up all night trying to prepare my garage so that the snow blowers ready to go, Due to some possible or pretty likely snow. I don't think I'm tired enough to draw conclusions. lol
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Pillar of the Community
United States
4901 Posts |
Quote: The shipment date was pushed back at some point today from 11/11/11 to 11/12/11. Hope this isn't a sign the that order will go unfulfilled. Also, I have no order date. Does anyone know why this might be?
That will happen every day until they start shipping. Very normal event....
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Pillar of the Community
1283 Posts |
How many are sending in all 5 sets for grading?
Also, has anyone figured out exactly what it will cost? I'm sure $500+?
Finally, can you mix and match the sets? IE putting together hopefully getting some perfect sets?
And yes I am sort of excited. I blew off work for two hours to get it done and it nearly drove me crazy. They probably should have put the limit at 1 per household, but I'm happy.
Here is a funny note. I listed one set last night for $1,099 starting bid and in 9 hours I have 47 people watching it and over 100 page views. I have never had that many watchers.
Edited by throwbackid 10/29/2011 10:51 am
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Pillar of the Community
United States
4901 Posts |
NGC $17x5= $85 per set plus shipping/handling PCGS $14x5=$60 etc.
I will be sending in all 5 sets BUT you can't open the box so no cherry picking.
BUT....your odds for a perfect set of 70's obviously increase along with the number of sets submitted. It won't be easy but at least you have 5 chances per coin to get that elusive set
Edited by Foxwoods Man 10/29/2011 10:59 am
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Valued Member
United States
185 Posts |
yea I doubt any ccf members will sell at retail price
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Valued Member
United States
153 Posts |
Does PGCS or NGC send the OGP back to you with the Graded coins?
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Pillar of the Community
United States
1205 Posts |
NGC WILL send the wooden box back, as long as you read their submission page for this set, and, follow the simple rules...I'm sure PCGS will to, but, I don't have the details...I think it's a shame these TPG's don't have a multi-slab holder for this special set..NGC used to have it, but, for some reason, stopped using it.If they did have an oversized holder, one could re-submit the 70's, and have the perfect set in 1 holder...makes business sense to me, but, not a lot makes sense from the TPG's and that these days, to me. Calvin
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Pillar of the Community
United States
2734 Posts |
Quote: If the system could handle huge amounts of orders in a very short time then the dealers would be able to assemble their minions and suck the mint dry before most of us even got on line to try to order.  No kidding! Quote: The Mint has reported that multiple orders to the same address are being cancelled, regardless of order quantities (even less than 5). Glad I only made one order...  Quote: So you are telling me if I got five sets on one order I have to have them all graded? Or maybe not!  I think I'll keep mine in the OGP. The 2008 Gold Buffalo Four-Coin Sets, for example, seem to be worth more raw in their original box/capsules than as four graded "69" coins (even accompanied by the box and opened capsules). Quote: your odds for a perfect set of 70's obviously increase along with the number of sets submitted. If I ended up with one "70" set and four "69" sets, and the remaining raw OGP sets end up being worth more than "69" sets (a la the 2008 Buffalo Four-Coin sets), I won't do too bad (unless the "70" sets go to the stratosphere). From what I've seen on ebay in the past few years, if you had been able to order five Gold Buffalo Four-Coin Sets from the Mint in 2008  , you would now be better off if all five were still in OGP, as opposed to having one "70" set and four "69" sets. (Although, based on populations of those, you'd probably have ended up with two "70" Sets and three "69" Sets, in theory a slight advantage over five raw OGP Sets)
Edited by DNA 10/29/2011 12:17 pm
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Pillar of the Community
United States
5629 Posts |
Tartop, Well Said!!! 
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Pillar of the Community
United States
2130 Posts |
Quote: The Mint has reported that multiple orders to the same address are being cancelled, regardless of order quantities (even less than 5).
I just talked to someone from the Mint about this, Only because I placed 2 orders 1 for 2 set & 1 for 3 sets. I was told that as long as it was 5 or less total sets my orders will be fine. I was also told that I could of made 5 separate orders of 1 set each & it wouldn't matter.
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Pillar of the Community
United States
2734 Posts |
Quote: I could have made 5 separate orders of 1 set each & it wouldn't matter. I would hope so! I wouldn't want you and Clair (among others) to lose out just because you want some sets graded and to keep others in the OGP. For me, though, 55 minutes spent to get one order through was enough! Multiplying that experience by five times would be enough to drive me to the ebay flippers...  By the way, I placed my order on my desktop PC (using Firefox 7 browser), with a wired Ethernet connection to my router.
Edited by DNA 10/29/2011 1:15 pm
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Pillar of the Community
United States
1205 Posts |
Good News....waiting with "baited Breath"(anyone know where THAT line came from?) calvin
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Pillar of the Community
United States
1027 Posts |
To cancel multiple orders would be a deviation from previous mint operations and a violation of the policy in general. The mint has never put a number of orders limit and did not state any such limit this time. For items that are available for some time but have household limits, multiple orders are a common practice. The mint does not change policy after the fact, they do not impose a rule that did not exist, and does not exist (and never has). Surely some single orders have been cancelled because the mint found them to be in violation of stated ordering policy. I have heard that some of the later waiting list orders have been cancelled as well, simply because they know that those orders will never get far enough to receive a set. Things happened so fast that by the time they shut down ordering there were probably many more orders than they would normally take before turning the waiting list off. All five of my orders are still in place in my Track Order page and I have no reason to think that will change.
On the grading issue. If we look at recent grading, we see that over half of proof and uncirculated 2011 SAEs submitted to PCGS have been 70s, yup MS/PR70 is the most common grade. It is safe to assume that the S-unc will be as good and that the reverse proof will be near that level (although I expect it to possibly be a little lower, just MHO). I also think that the bullion coin will have a very high percentage of MS70 grades because it is really a quasi-bullion coin. By that I mean that the bullion coins in the set were minted in San Francisco specifically for inclusion in these sets and probably received special handling because of that. I do believe that it will be the coin that limits the number of perfect 70 sets that can be assembled and that fact may affect the value of sealed sets in the long term as people try to assemble perfect sets. That said I think your odds are very good to get at least one perfect set if you have five graded. The odds of a single set having 5 70s in it are are probably between 1 and 3 percent but your odds of at least one 70 of each coin from five sets are very high. Just remember that probability is a strange beast. Just because the odds say that 2.5 of your proof coins will be 70s doesn't mean that any of them will be. Like when flipping a coin, the odds of heads are 50%, even if the last 10 flips have been tails. The odds of 10 tails in a row in the future is very low but once it happens probability no longer applies (the odds that something in the past happened are exactly 1 no matter how long the odds were before, because it did happen). Anyway, it is common practice to mix and match coins into sets after they have been graded, and while someone might pay a super premium if you could prove that a set of 70s was delivered from the mint (which you certainly can if you have sets individually graded) most are only looking for assembled sets of perfect coins. Good luck to all that are going the grading route. While I don't currently don't plan to have any sets graded, if the odds turn out to be really good that 70 sets are out there (and if people are paying $$$$ for them) I might go that route.
Edited by clairhardesty 10/29/2011 4:27 pm
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Valued Member
United States
301 Posts |
Unless the set is 5 MS/PR70's, I don't think grading will add that much value. I'd much rather have a set in the mint packaging than individual slabs.
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Pillar of the Community
United States
1027 Posts |
The two coins that are unique will likely garner significant premiums in MS/PR70 state. the PCGS population for 2006 reverse proofs shows only 11 out of 100 as 70s and only 12% of regular proofs in the anniversary sets were 70s and 20% of none set proof eagles were 709s. So far this year the proof eagles that grade PR70 account for over half of the coins graded at PCGS so quality has improved very much in five years for special eagles. What I am saying is that even if you open your set, much of the potential value is still there in those two coins. If you think that one or both are perfect it might be worth having them graded and if they return as MS/PR70, selling them to buy a graded 69 replacement, break it out and put it in a capsule and really enjoy your set, which at that point would have not only been free but probably came with a nice night out as well.
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Replies: 1,627 / Views: 120,041 |