Total Insanity At ANA

Discussion in 'Coin Chat' started by keemao, Aug 5, 2014.

Page 2 of 7
  1. Mat

    Mat Ancient Coincoholic

    Silly...I will stick with ancients. Dont see the hype for a boring Kennedy, gold or otherwise.

    Wait and they will be selling at melt in no time as bkozak33 mentioned.
     
    Mat, Aug 5, 2014
    #21 + Quote Reply
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  3. x115

    x115 Collector

    x115, Aug 5, 2014
    #22 + Quote Reply
  4. brg5658

    brg5658 Well-Known Member

    How many of these "boom then bust" products does the Mint have to release before people figure this out??

    Whole lotta hype and a whole lotta unscrupulous dealers...I will stay far away from this joke. I have no desire to line the pockets of these kind of flipper-dealers. Pathetic really... :arghh:
     
    brg5658, Aug 5, 2014
    #23 + Quote Reply
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  5. wcoins

    wcoins GEM-ber

    Ebay buyers will pay nice commission for everyone in that line.
    TPG's should come up with a "bubble label"
     
    wcoins, Aug 5, 2014
    #24 + Quote Reply
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  6. saltysam-1

    saltysam-1 Junior Member

    I think they need to do away with selling these special releases at shows or at the mint locations. Just sell them off the mints' website.
     
    saltysam-1, Aug 5, 2014
    #25 + Quote Reply
  7. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    I think it's a big marketing win for the Mint. Not that I like the coins, or would buy one, but any time you get people lining up like that to buy your product it's good for marketing.
     
    Peter T Davis, Aug 5, 2014
    #26 + Quote Reply
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  8. eddiespin

    eddiespin Fast Eddie

    "How big a chump can you get to be? I was finding out."
    -Robert Mitchum, Out of the Past (1947).
     
    eddiespin, Aug 5, 2014
    #27 + Quote Reply
  9. swagge1

    swagge1 Junior Member

    The comment section at the bottom is quite fiesty!
     
    swagge1, Aug 5, 2014
    #28 + Quote Reply
  10. SILVER E C-C

    SILVER E C-C Junior Member

    I too am staying away from all the whoopla on these Gold Kennedy's and I don't live that far away from the ANA show. I do plan on buying the silver set though, on a lighter note my 5 uncirculated sets should arrive today.
     
    SILVER E C-C, Aug 5, 2014
    #29 + Quote Reply
  11. KoinJester

    KoinJester Well-Known Member

    KoinJester, Aug 5, 2014
    #30 + Quote Reply
    Endeavor and SILVER E C-C like this.
  12. ToughCOINS

    ToughCOINS Dealer Member Moderator

    These coins and other similar contrived rarities hold no special value to me. Their poulations will never drop, their average grades will always be ridiculously elevated, and their long term value will only be related to content. They are bullion, plain and simple.

    Sellers do not like it when I decline to offer on such coins, but they know full well why I don't.
     
    ToughCOINS, Aug 5, 2014
    #31 + Quote Reply
    Vegas Vic, Endeavor, x115 and 1 other person like this.
  13. SILVER E C-C

    SILVER E C-C Junior Member

    These coins are probably not at all the first 4 produced, they are just the first 4 sold at the ANA. It would be very hard to keep tabs on the first coins being produced with all the stages of producing/packaging and then selling of these coins.

    I doubt that any of the mint personal would track the first say 25 coins being produced.
     
    SILVER E C-C, Aug 5, 2014
    #32 + Quote Reply
  14. statequarterguy

    statequarterguy Love Pucks

    Absolutely crazy, take the money. I could see moon money if they were the first four minted from fresh dies. But come on! For a private party label? For a statement that these were the first four sold? The greedy that pay that kind of money will get what they deserve when there "investment" tanks.
     
    statequarterguy, Aug 5, 2014
    #33 + Quote Reply
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  15. SILVER E C-C

    SILVER E C-C Junior Member

    SILVER E C-C, Aug 5, 2014
    #34 + Quote Reply
  16. BadThad

    BadThad Calibrated for Lincolns

    While I have no interest in paying an exuberant price, I think the publicity is good for the hobby.
     
    BadThad, Aug 5, 2014
    #35 + Quote Reply
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  17. statequarterguy

    statequarterguy Love Pucks

    Not so sure. If they were a good deal, yeah. But, after a few make money on these, many will lose, so not so good for the hobby.
     
    statequarterguy, Aug 5, 2014
    #36 + Quote Reply
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  18. SILVER E C-C

    SILVER E C-C Junior Member

    Watch what happens next, mintage limit exceeds 100,000. No real collector value, prices at melt value ! :dead: lol
     
    SILVER E C-C, Aug 5, 2014
    #37 + Quote Reply
  19. Treashunt

    Treashunt The Other Frank

    Treashunt, Aug 5, 2014
    #38 + Quote Reply
  20. Virginian

    Virginian Well-Known Member

    The whole "little guy" = "worthy;" "dealer" = "unworthy" discussion has been done before and I believe it is also off-topic here. I am just happy I got my order in very easily today with no fuss and no muss over the Interwebs without standing in any line. And anyone else could have done the same.
     
    Virginian, Aug 5, 2014
    #39 + Quote Reply
  21. KoinJester

    KoinJester Well-Known Member

    Minted to demand is what the mint stated earlier so I would guess it will be north of 100k
     
    KoinJester, Aug 5, 2014
    #40 + Quote Reply
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