Panic ? Not for me but believe whatever. Panic can be an issue business wise. Facebook would have whatever press release is update could tell more than cointalk .
Whenever I read these overly formalized, government, wooden, blah-blah statements of officialdom about safety and security of employees and the public, I think of scenes from Young Frankenstein with the townspeople armed with pitchforks and torches looking for the monster.
Not sold out, discontinued sales. Then you should have put hypothetical in the title. Misleading titles serve no purpose other than trolling.
My take on this is that, in contrast to on-line orders that can filled as coins are produced, sales at the mint shop require that the coin be physically available for sale. "Sold Out" at the mint shop does not necessarily the entire mintage is sold out. It may just mean that they ran out and will resume sales after they make some more.
Can no longer buy one. No difference. If you read the original post, I'm asking how you would feel if the Mint suddenly stopped sales before they said they would. Some would be pleased with that scenario because of limited supply, others would be displeased because the Mint went back on the announced availability. The interesting thing is that is EXACTLY what happened a little later at the Mint gift shops and the ANA show. ...and relax, I'm just having a little fun with this mess.
I think the coin is about dumbest issue they could have conceived. Looks like some sort of gold-plated rip-off sold on TV at exorbitant prices. Plus, it's basically designed to become impaired, just as all coins struck in 0.9999 fine gold are unless you keep it inside its capsule at all times. If they did some sort of high-relief rendition in gold coinage metal ie 0.900 fine it might have been something worth considering.
Pheeeeew!!! A lot of people are going to be PO'ed that they can't buy at the show or mint locations for that matter. Hope that doesn't cause a riot (talk about the safety of all) - the pursuit of gold can do strange things to people. So, will this stunt alienate more collectors/speculators, cause a panic in the market, or make true collectors happy, since all now have to get in line online? Those label collectors may like the more limited supply or will the TPG’s find a way to make up the lost profit?
Personally, I think it's a great idea to limit availability to shows. The show circuit is the life-blood of the hobby in many many ways. Anything that helps generate additional attendance at big shows is a huge plus for the hobby, even if some folks who insist on sitting at home glued to their PC get locked out. That's just tough garbanzo beans for them(!) Coin collecting was never meant to be a solitary pursuit, and while bulletin boards like this one provide a lively distraction between visits to coins shops, shows, and coin club meetings, the internet could never replace the traditional hobby of coin collecting which has always had at least as much of a social aspect to it as anything having to do with the little round metal things we collect.