Poll: 2016 gold Mercs: Who's in, who's out?

Discussion in 'Coin Chat' started by Vess1, Apr 9, 2016.

?

How likely are you to purchase the 2016 Merc offering?

Poll closed Apr 21, 2016.
  1. Love it. Ordering 10 or more. They'll never be cheaper.

    5 vote(s)
    5.0%
  2. Really like them. I plan to buy multiples for various reasons.

    11 vote(s)
    11.0%
  3. Count me in for at least one for my collection.

    30 vote(s)
    30.0%
  4. I'm waiting for aftermarket sales 3 years from now to get mine.

    7 vote(s)
    7.0%
  5. Would like one but can't afford it.

    7 vote(s)
    7.0%
  6. Wanted one initially, but turned off by the dimensional issues. I'm out.

    6 vote(s)
    6.0%
  7. They're nice but I was never initially interested in this 3 coin series. Shoulda been silver!

    15 vote(s)
    15.0%
  8. These are over hyped bullion. Wouldn't buy one. May as well get a 1/10th AGE.

    10 vote(s)
    10.0%
  9. I don't do moderns. I never buy anything from the mint.

    9 vote(s)
    9.0%
  1. Insider

    Insider Talent on loan from...

    Thanks! I want one now. I hop the half is large and the quarter is in between - just as the originals. I'll bet the dime will be a sellout.
     
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  3. fretboard

    fretboard Defender of Old Coinage!

    WOLFMANDOLPHIN1.gif WOLFMANDOLPHIN1.gif WOLFMANDOLPHIN1.gif
    Yeah, I think the size is the same as a AGE coin 1/10th an ounce but that's just a guess b/c of how much the Mint will be charging for it. We'll find out. I wonder how many flippers there's gonna be? Not me, not this time. lol The mintage is gonna be 125,000 that's way too many for my taste. I'm just saying, I still may get one, just to have one b/c I lost out on the Gold Buffalo Nickel 1/10th size but that mintage was a little less than 19,000. Big difference!!
     
    Last edited: Apr 16, 2016
  4. baseball21

    baseball21 Well-Known Member

    You can try, but ebay can still make you eat a return with that

    Really you are just hoping your buyer is honest
     
  5. Vess1

    Vess1 CT SP VIP Supporter

    People are already making good money on eBay before they've went on sale yet people are still afraid to flip them?
    It is risky using eBay. If the buyer is not satisfied or finds a cheaper avenue they can return it even if you say no returns. The excuse can be anything and eBay will get their money back for them from you.
    I heard they will soon be forcing a 30 day return policy on sellers. So if somebody's transmission goes out on the 29th day, guess what? They're sending your item back for a refund and you're giving them the money back.

    Sent from my XT1093 using Tapatalk
     
  6. Vess1

    Vess1 CT SP VIP Supporter

    The specs are posted in post 47 of this thread. They are same diameter as 1/10th oz age but thinner because of being 24k as opposed to 22k AGE.

    Sent from my XT1093 using Tapatalk
     
  7. baseball21

    baseball21 Well-Known Member

    Unless they've changed their mind next month is when that should start I believe from the email I got earlier in the year. To risky for my blood
     
  8. Vess1

    Vess1 CT SP VIP Supporter

    Oh man. Right when everybody starts listing their mercs to flip. Lol

    Sent from my XT1093 using Tapatalk
     
  9. medjoy

    medjoy Active Member

    From the spec charts at the mint:

    2016 Gold Dime 16.5mm
    2016 Proof Dime 17.9mm

    And for further comparison

    2016 Proof Penny (that's what the mint calls it) 19.1mm
     
  10. Vess1

    Vess1 CT SP VIP Supporter

    I was reading on NGCs website and they said if you go to submit that they only want the loose coins in their capsules. DO NOT send mint packaging! Which I believe is different than I last remember.
    So there really is no benefit to sealed boxes now. It has to be opened by someone before submission and if there's a defect in there the buyer then gets to send it back to you and then you get to send it back to the mint, get a new one and send it back to buyer.

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  11. baseball21

    baseball21 Well-Known Member

    PCGS sends mint packaging back, NGC charges for it. Probably because NGC uses registered mail which would be a massive pain putting packaging back in
     
  12. -jeffB

    -jeffB Greshams LEO Supporter

    In the past, to get "First Strike" or "First Day of Issue" or "First Homeless Guys In Line" slabs you could send unopened Mint packaging with an acceptable postmark date to the TPG. So, if you're into those labels, sealed boxes are/were the way to go.

    Personally, I agree with your assessment. After my experience with the Kennedy golds and silvers in 2014, I'd be really reluctant to accept a box of coins without the right to return or exchange them. But, clearly, others have a different perspective.
     
    C-B-D and Blissskr like this.
  13. COCollector

    COCollector Well-Known Member

    That's too funny! And tragically a bit too true.

    Hopefully they'll never repeat the 2014 Kennedy Gold debacle at the Chicago ANA.

    Or this:
     
    spock1k likes this.
  14. baseball21

    baseball21 Well-Known Member

    That was much more true than it should have been
     
  15. Vess1

    Vess1 CT SP VIP Supporter

    Lol! Wait...is that Kurt in the red hoodie!? Lol. I think most of those characters probably had been collecting Kenney halves since childhood and the pent up anxiety of the gold release was too overwhelming. :D

    Sent from my XT1093 using Tapatalk
     
    midas1 likes this.
  16. SuperDave

    SuperDave Free the Cartwheels!

    I went through those rules carefully when I got the notification. The new restrictions are basically just for volume sellers who want to retain "Top-Rated" status, although they're going to a "defect rate" percentage which means anyone selling less than 400 items a year essentially only gets one "defect" before the consequences initiate. They_did mention willingness to work with smaller sellers, so there should be an appeals process.

    As regards these coins, well, even if I *did* have the money for them, I don't at these prices.
     
  17. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    Seems like a no-brainer. I'll have to get at least 1.
     
  18. Blissskr

    Blissskr Well-Known Member

    We all laugh about this now but I wouldn't be surprised when eventually this shows up as being a real label distinction with the crap the TPG's put out these days. Of course followed by the U.S. mint then commemorating the event with a silver dollar, $5 gold and clad half commemorative.

    homeless.png
     
  19. Vess1

    Vess1 CT SP VIP Supporter

    They should have required a short, but basic JFK pop quiz before receiving a ticket to purchase. You pay a $10 fine if you fail. This would have resulted in actual collectors going to the front of the line. and 95% being sent away or willfully leaving.
    This kind of publicity looks bad and only gives them more incentive to not have limited mintages in the future.
     
  20. BigTee44

    BigTee44 Well-Known Member

    Link?!
     
  21. Vess1

    Vess1 CT SP VIP Supporter

    Post #147, #148 this thread. He saw the price hidden in an obscure code of some sort on their website. It may have been preliminary though.
     
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