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

Why has the mint not posted a price for these yet?

 

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Somebody else posted this link to the prices based on spot gold:

https://s3.amazonaws.com/public-inspection.federalregister.gov/2016-08702.pdf

I'm guessing they're holding off (and praying) that gold goes up $17 this week so they can list the price in the next tier for $5 a piece more. Doesn't sound like a lot but that slight of an upward movement would net them an extra $625k on the sale which they'll gladly accept.

 

So basically once the change occurs pretty much everyone should just forget about being able to have the "Top-Rated" discount if they aren't a major seller

 

From the above link: "Pricing can vary weekly dependent upon the London Bullion Market Association (LBMA) Gold Price weekly average. The gold price is evaluated every Wednesday and is modified as necessary."

Is that a simple average of close-of-day prices? Or a moving average? Or?

And it also depends on the Wednesday London P.M. Fixed.

And it also depends on whether prices are moving up or down.

Criteria summarized here: http://demandware.edgesuite.net/aar...8/images/PDFs/PricingGridInstructions2016.pdf

 

You forgot "Who cares."
Just like the gold Kennedys, many people will get burned by this latest Mint exercise in price gouging of the suckers.

 

I've been on the fence with theses till I saw the Dan Carr pieces. Those I purchased a set of each.
But I may go the Standing Liberty quarter.

 

Millions of people would say who cares. It was just assumed that they would ignore the thread.

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Mint Press Release states:

Pricing for the coin is based on the Mint's pricing schedule for products containing gold and platinum coins. These products are priced according to the range in which they appear on the United States Mint Gold Coin Pricing Grid.

Doesn't it seem shady that the Mint would announce one fee schedule then generate a separate schedule that's custom for a certain release. I don't think I've seen this done before.

Can anyone point to a place on the US Mint website that mentions or links to this new fee schedule?
https://s3.amazonaws.com/public-inspection.federalregister.gov/2016-08702.pdf

 

Shady? Sure looks like it. Very wrong on so many levels.

And no backpedaling on this blatant price gouging... it's in the April 15th Federal Register: https://www.federalregister.gov/art...y-quarter-and-walking-liberty-half-dollar#h-4

But I guess everyone at the Mint didn't get the new info. I couldn't find any updates on the Mint website.

And today when I checked the Mint's Facebook page, they were still answering price questions with the old info.

 

$ 200 +
http://www.coinworld.com/news/us-coins/2016/04/pricing-announced-for-2016-gold-centennial-coins.html

 

3 days to go for those who are gambling on this...

 

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I have not gotten an offer from MCM to buy my maximum allotment to sell to them. Is a 10/person maximum enough for their employees to buy up all the supply they need, or are they not betting on this one being any good?

 

Lmao!!

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That does seem telling. Wonder if they got burned on the most recent Coins and Chronicles sets?

(Side note: I tried to search back through the archives for previous MCM offers, but MCM is apparently too short to search for. That's a bit annoying.)

 

New distribution channels with the new owners maybe?

 

Good one Stew, but everyone knows dolphins don't respond to gold........they like little fishes...........fish scales that I can see with my glasses.......sorry. Impudent me. I'll take a flogging in the corner but not in the market. By the way, did I mention that I sometimes collect coins? Not these though.

 

Clever. Neatly characterizes the response of some members of the public to gimmicky, novelty "coins" such as the gold Mercury.

 

I'm just curious, if you could have your wish, what would you rather have them releasing on Thursday that you would be really happy about?

They literally make up any excuse to commemorate everything under the sun on any random anniversary to create more products every year. Is it really that gimmicky to mint a special series for the 100th anniversary of some of the best, most popular coin designs we've ever had in circulation? They are in the business of minting coins and they make these coins for collectors. To me this is one of the few series they're doing that actually makes sense and that most coin collectors should have been pleased about as being something fairly unique.