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What's Really Going On At The US Mint?

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monster's Avatar
United States
414 Posts
 Posted 12/14/2006  3:25 pm  Show Profile   Bookmark this reply Add monster to your friends list Get a Link to this Reply
You can buy one. It just you need to pay $4.95 for shipping and handling for each order you placed. I bought one SF old mint gold and silver and one 1/4 oz UNC-W. You need to think about what you want to order and order them once. Don't like me, I order my 3 silver proof and 3 silver UNC-W first. Then I wanted more. I called Mint, a lady in mint told me that I only can cancealed order not increase it even when they are not shipped. I ended up paying $5 more for another order. Learn me lesson there.
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 12/14/2006  3:26 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
quote:
Originally posted by Richard

Someone told me that you cannot buy individual coins from the Mint and that you have to buy in quantity. Is that true?



True to an extent- the coins that the US Mint sells are collector quality coins. Most of those coins are sold in sets, rolls, or bags. Currently, the only coins sold individually are proof and uncirculated silver, gold, and platinum eagles and commemorative issues.

http://catalog.usmint.gov/webapp/wc...alogId=10001
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Spider5689's Avatar
United States
2269 Posts
 Posted 12/15/2006  07:16 am  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
One of the good things about the US Mint's shipping policy, if your order is over $200 they will give you a free upgrade to Overnight, on your order. So the $4.95 you spent on shipping is a bargain, considering you get Overnight delivery. I imagine Overnight is way more expensive.
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amac44's Avatar
United States
3242 Posts
 Posted 12/15/2006  08:54 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
what more can I say they will not change there shipping!! Its in Nov 28 Coin World

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What's-Really-Going-On-At-The-US-Mint?
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crystalk64's Avatar
3147 Posts
 Posted 12/15/2006  09:18 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
You can laugh and joke about the Patriot Act but there ARE clauses in the Act which include the buying and selling of gold and silver bullion. When they first discussed the contents they considered REQUIRING every bullion dealer in the U.S. to report ALL purchases, regardless of quanity, to Homeland Security! The sad fact is U.S. gold and silver bullion can be purchased all over the world so terrorist, whom they apparently think are coin collectors, don't have to set one foot in the U.S. to buy the bullion and, quite frankly I don't think many terrorists, who claim to hate everything this country stands for would want to invest their money in our bullion? I think investing in drugs would be a much better turn of profit and if I wanted to launder money I wouldn't go down to my neighborhood coin dealer and order a couple of hundred thousand eagles? So apparently there must be another reason to monitor bullion buyers, say er......TAXATION maybe? I do know they lowered the minimum amount of purchase or sales limits to be reported to the government, in any one transactions, from $10,000 to somewhere between $3,000 to $5,000 but the figure escapes my memory at this time. One thing is for certain, if your buy or sell total exceeds that amount by one cent it MUST be reported within a few days to appropriate government authorities. Why? TAXES? Seems odd to me they put so much emphasis on grabbing a few bucks in taxes from a hard working American citizen who has invested some of his hard earned money, from which income taxes has already been deducted, and they are looking for a little more blood out of the turnip? But, millions of people can sneak across our boarders to bankrupt our hospitals, welfare system, and school systems while all the while earning good ole U.S. greenbacks, from which most aren't paying taxes and then sending it back to their home country to benefit the economy there? Something sure does STINK in this whole process!!! As for the Mint, you can BET YOUR BOOTIES they have a complete customer list available to governement agencies on a need to know basis.
Edited by crystalk64
12/15/2006 09:21 am
Valued Member
seth's Avatar
United States
143 Posts
 Posted 12/15/2006  09:40 am  Show Profile   Bookmark this reply Add seth to your friends list Get a Link to this Reply
quote:
Originally posted by monster

If we buy anything in silver or gold and if the price in less than two time of melt (silver at $14 and Gold at $630 per Oz), then the dealer (including Mint) should record our names, etc to Homeland Dept. Since UNC-W ($19) is less than that, Mint should record names, I think.



I already got three ASE Anniv. sets. They have my (our) info from using a credit card. They have the address when they ship. I buy guns with an ATF check faster than this.

I think they're automated so much they just put in "delay" or something, and it adds days.

The only guy that can ship anything anywhere on Dec. 25th is Santy Claus <GGGG>.
Valued Member
seth's Avatar
United States
143 Posts
 Posted 12/15/2006  09:50 am  Show Profile   Bookmark this reply Add seth to your friends list Get a Link to this Reply
I think the limit still is $10K for these reasons:

I made two trips in from Iraq this year. The customs form and the Immigration Officer's question is still, "Are you bringing $10,000 or more into the country?"

Also, any overseas bank account (U.S. citizens)that reaches or exceeds $10,000 on ANY day must be reported to IRS.

BTW- The $10,000 transaction rule is for cash sales. Checks, wire transfers, etc. are NOT required to be reported (they are already traceable, I guess).
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jcook54's Avatar
United States
533 Posts
 Posted 12/15/2006  10:01 am  Show Profile   Bookmark this reply Add jcook54 to your friends list Get a Link to this Reply
I ordered my set on Sept. 16 that have not gotten anything. The website says "in stock and reserved," but nothing more. I got tired of waiting on hold to talk to a person. Should I be worried? My card does not expire or anything like that, but I am still kind of concerned...
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Noxx's Avatar
United States
66 Posts
 Posted 12/15/2006  10:14 am  Show Profile   Bookmark this reply Add Noxx to your friends list Get a Link to this Reply
In the same boat here. I ordered two ASE sets in early october, one of which was a crhistmas gift for the father in law. Haven't seen hide nor hair of them, still listed to ship 12/8.
Valued Member
SE's Avatar
United States
256 Posts
 Posted 12/15/2006  12:43 pm  Show Profile   Bookmark this reply Add SE to your friends list Get a Link to this Reply
The mint could care less whether you, me or anybody is satisfied with their products or the way they do business. Sadly for us they know that no matter how bad they screw up, delay shipments, or treat us like dirt we will all come back begging and paying whatever they want for more in the future. It's a no lose situation for the mint.
Valued Member
United States
208 Posts
 Posted 12/15/2006  11:06 pm  Show Profile   Bookmark this reply Add RangerXLT8 to your friends list Get a Link to this Reply
Boooooyyaaaaaaaaaaaaaaaaaa!!!! ASE sets changed to Instock and Reserved. Might be a good Christmas after all.
Member
United States
703 Posts
 Posted 12/16/2006  12:42 am  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
Just checked and my last 5 ASE sets are in stock and reserved.

Now just got to wait for that fedx truck.
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ClearwaterCoins's Avatar
United States
177 Posts
 Posted 12/16/2006  12:55 am  Show Profile   Bookmark this reply Add ClearwaterCoins to your friends list Get a Link to this Reply
I just checked the mints website and my ASE set is now listed as being instock and reserved. I also checked my credit card and it has been charged by the mint. Now I jut have to wait for the set to arrive in the mail.
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seth's Avatar
United States
143 Posts
 Posted 12/16/2006  09:19 am  Show Profile   Bookmark this reply Add seth to your friends list Get a Link to this Reply
Okay, just to show some kind of time line for those with orders.

My five from 30 Sept are all in the "reserved" mode. However, the two additional I ordered on 05 Nov. show as "1 reserved." Somewhere plus-or-minus that day is apparently the cutoff.

Seth
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Spider5689's Avatar
United States
2269 Posts
 Posted 12/16/2006  09:45 am  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply

Stock And Reserved". It has been 6 days that the ASE has been "In Stock And Reserved". What gets even better, my SF UNC. dollar has been in the same status since 12/7. Since it is 12/16, I really have no idea, what is going on with my order. I hate waiting this long for an order that hasn't even shipped yet.
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