2013 West Point ASE set

Discussion in 'Bullion Investing' started by PeacePeople, May 9, 2013.

  1. bg35765

    bg35765 Member

    I think you might come out ahead financially if you bought a set and sold the reverse proof on ebay.
     
    Rassi likes this.
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  3. Muckdiver

    Muckdiver Member

    Those of you who are still waiting, check your order status. Mine just jumped from 9/17 to 8/9
     
  4. saltysam-1

    saltysam-1 Junior Member

    They moved mine up just now to the original shipping date I had when I initially ordered. The latest was 08/09/2013, now back to 07/22/13. This is the fourth time the mint has changed the date. Either a lot of cancellations or a lot of dealer returns from their large orders. If the strike quality isn't MS69, blemish free, I'll send mine back as well. If they want that high a premium they better provide just as high a quality.
     
    theSharpGun likes this.
  5. theSharpGun

    theSharpGun The King


    I'm totally with you and am going to do the same if my set isn't perfect. It'll be a bummer because I really want to display the set in my room with the OGP but I guess I could just get something to display 2 graded slabs instead.
     
  6. treehugger

    treehugger Well-Known Member

    That is so true, krispy. If you don't need to have something right away (and really, who does when you sit down and think about it), in most cases, you can do better if you have the patience to wait.

    Also, after you have waited a while, you realize it wasn't all that important in the first place in the grand scheme of things. Because, as you said, the next "big thing" will come along in a little while.
     
    mikenoodle likes this.
  7. bg35765

    bg35765 Member

    At PCGS 73% of the enhanced coins are getting a 70 grade. 60% of the reverse proof are getting a 70.

    I guess the question is how much pre-screening do the big dealers do before submitting their orders. Based on Silvertowne's pictures I would say not very much.

    My conclusion is that the concerns over getting a big dealer's rejects are overblown.
     
  8. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    I'd be willing to bet that they don't "pre-screen" any coins they send in for grading on a bulk submission like these. Why would they? On a bulk submission, they can use a minimum grade standard of 69, and anything less than a 69 does not get slabbed. It would make no sense to spend any money on doing something the TPG will do for them.
     
  9. kydedhed

    kydedhed Member

    I cancelled the second of my two orders today. It still had a ship date of 9/17. my first order, which was placed the third day of availability, has a "projected" ship date of 8/09. One shall wait and see I suppose
     
  10. bg35765

    bg35765 Member

    That is probably true. But I guess my point is that if more than half are 70s, there are likely to be very few that would have been 68 or lower.

    So I am not worried about getting someone else's rejects.
     
  11. saltysam-1

    saltysam-1 Junior Member

    Now shipping 07/19/2013. Not much of a change, but still another change.
     
  12. Phil Ham

    Phil Ham Hamster

    I ordered late of the fist day. My ship date moved from 8/9 to 7/24. I sure hope that I'm not getting a TPG reject.
     
  13. dwhiz

    dwhiz Collector Supporter

    If you do you can send it back too
     
  14. rickmp

    rickmp Frequently flatulent.

    Is a return the equivalent of a cancellation?
     
  15. saltysam-1

    saltysam-1 Junior Member

    Sort of, your credit card will be charged and you will have the cost of a second shipping, but you get to see what your buying.
     
  16. rickmp

    rickmp Frequently flatulent.

    Not what I mean. If you return them this late in the game, will they have others to replace it with in exchange?
     
  17. They will have plenty of returns/rejects to send out to replace them. Some have reported getting items in worse condition than their returned items from the Mint.
     
  18. PeacePeople

    PeacePeople Wall St and stocks, where it's at

  19. Rassi

    Rassi #GoCubs #FlyTheW #WeAreGood

  20. SILVER E C-C

    SILVER E C-C Junior Member

    Enhanced Silver Eagle is un-attractive to me and the Reverse Proof with the (W) mint mark has been over-done. I think that the 2012 S set will do much better in the long run in my opinion.
     
  21. green18

    green18 Unknown member Sweet on Commemorative Coins

    Overdone? They all look exactly the same.
     
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