But the line starts at 8:00am outside of the bourse floor. How will an early bird badge get them ahead of anyone? I guess the preregistration will help on day one, but....? Are they doing all this just for day one purchases?
Could one of the teleporters pm the Mega Million numbers that came out tomorrow night to me tonight? Thanks.
The early bird gets them nothing but in at 8:30am to the show. Has nothing to do with the line for the Kennedy's. How it plays out in the morning will be interesting. Either collectors will score big or dealers will score big. If dealers get the majority of the gold, I suspect the Mint will get more than an earful from pissed off people. They obviously have some real idiots running this thing or they would have had a better system. It will be a hell of a long wait from 8am until you can get your coin. What if you need to pee? What if you want to get something to eat or drink? Hall pass? For me, it will be what it will be. I am ready and if I score, great. If not, that's the breaks. But either way the Mint will hear from me about the idiocy of their plan. Where oh where are they gonna stash 500 people for 3 hours?
I fly in at 5:30 am and should make it to the unofficial line out side the building by 7. The early bird stuff had me worried!
Those who live in glass houses shouldn't throw "laughable" business practice stones. I am sorry, but I just don't see what is so funny about this, or why there was a need to take a photograph of these people to post online in a way that insinuates they're up to no good.
To me, the laughable part was that the US Mint and the ANA put all these rules in place to stop this from happening, yet "here we go again." All I want for me and all my other CT buddies here is our one coin per day, yet we'll be fighting through crowds of hired hands to do so. It isn't the dealer's fault... it's the ANA'S for allowing them to circumvent their system. And instead of getting mad, I laughed.
And, I have to wonder -- is the OP upset that someone else might make more money flipping these, or that he might not get one for his actual collection. I'm going to fathom the former -- but just a wild guess. This farce doesn't reflect well on actual collectors -- it just reminds us that the sad reality is that people will do anything to make a buck.
Three hours? The line for the Kenney's at 6:30 AM. Five and a half hours before they went on sale, and about five hours before they handed out tickets. In the first picture the entrance to the show is out of the picture to the left and in the ssecond picture the corner of the gray building seen by the second street light is the right hand corner of the building seen in the first picture. So the people close to the camera are not even visible in the first picture. In the second picture the entrance to the show is about were the fourth street light is.
That's crazy. I saw one article that claimed there were an estimated 1100 people in line today. Lots of disappointed waiters. I hope it was the tour bus riders and not collectors that got left out. Has the line started forming yet for tomorrow?
What I'd like to know is if the people the dealers hired to stand in line still get paid if they aren't able to buy a coin? I'd also still like to know what they did with the line after the 500th ticket was distributed?
You'd think the Mint would learn after the many fiascos they've had . But after so many , maybe we should learn to say no to the Mint till they make things better for the collectors .
I was 50 back when they stopped letting people in. One dealer ahead of me had a group of 12 mostly college student looking people and I heard him say something about them not getting a bonus. So I guess there was a flat rate and a bonus if they got a coin. There was a long delay after the last group was let in. Supposedly there was talk of giving people tickets to get in first the next day. Ultimately a guy from the ANA came out with a (very quiet) bullhorn and told us we were SOL. The line very slowly dispersed.
I had planned to go tomorrow, but now I'm wondering if this mess makes accessing the show difficult, if not impossible. I could care less about the Kennedy's.
Bg35765, you were right about where we were. Too bad I didn't know you. The line does not affect getting into the show. One mint register crashed right away so after the gold people started coming out they shut off sales of the clad so they could only sell the gold. So much for their great planning. At 5pm they were still selling the 500 gold coins so I guess those people not only sat in line for hours the early morning, but also sat in their little room all day waiting to buy their one coin. I didn't get mine but got my 4 sets of clads that I took to NGC for grading. Should get them tomorrow. The line will be different tomorrow but there are a lot of pissed off people because I think more than 50% were paid dealer squatters. The paid people behind us got paid a stipend and told to go home. Easy money for just showing up at 6:45am. I think it's time to mount a letter campaign to our legislatures with copies to the mint director complaining about the lack of collectors being able to buy the gold and what the dealers do and see if we can get a fairer system in place. Every person I talked to, which included dealers not in the hunt for gold agreed a lottery drawing was the best way to go.
They don't need "dealer credentials". They just need to be "registered" to get into the show with access to the bourse where the actual coins will be sold.
