Now that’s a pricy label....

Discussion in 'US Coins Forum' started by Mjs1447, Mar 9, 2021.

  1. baseball21

    baseball21 Well-Known Member

    No doubt there are people that only buy them knowing people have out buy offers for more, but there's no way to ever stop that short of making resale illegal which would then make the product worthless.

    In many cases they are who decided they would rather have the money to put towards something else or may have been surprised by how much something went up. This is all very rare though and only a handful of products at best per year.

    The dealers hiring homeless people to stand in line at the Chicago ANA yes that was going to far, but it's not like random people are selling their coins to the big boys. Like it or not it absolutely is collectors that are doing it. They only even know of the offers from being on their mailing lists.

    So you need to basically push away anyone who may be a new collector or getting interested in modern products for the first time so that forums don't get upset? They're supposed to do that even though these are the products that bring excitement to collecting and grow the hobby especially with the younger crowd?
     
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  3. medoraman

    medoraman Supporter! Supporter

    Seriously, what percent do you think that would be? 1%? Its a red herring argument. I am not even advocating for myself, I would not meet my own criteria. I simply believe it damages the mint's own sales that loyal customers who buy lots of other retail products, the mint's retail bread and butter, get shut out by third party sellers who game the system. I am not only concerned about collectors, but the mint itself. I keep hearing stories hear and at shows of collectors quitting the mint because they spend years buying normal products only to get shut out of special offerings. Allow those who buy proof ASE's year after year the right to buy a special one before dealers suck them up only to charge 5 times to the same collectors.

    We can agree to disagree. Maybe I am the only one here who thinks this is damaging long term to the hobby and the mint itself.
     
    johnmilton likes this.
  4. baseball21

    baseball21 Well-Known Member

    There's plenty of people these products bring into collection. That's besides the point though. I bought three things last year the pilgram gold (who doesn't love ships on coins) and the V75. I'm not buying things I don't want just so I can have a chance to buy the 1-3 things I want every year neither would the majority of other people.

    You're basically just saying you want them to kill their sales for people to get special treatment

    Many of those people have been saying it for years. Guaranteed you can dig back on posts and see many of the same screen names saying that for years and years. You're talking about a minuscule percentage of people. There are FAR more people that enjoy the special products and that get interested in them than those that lose interest. If the interest wasn't there the resale market wouldn't be there.

    If you really are worried about the mint then you should be advocating dealer sales only as they are the mints biggest and most loyal customers that spend the most money, drive sales on countless products, and consistently buy basically everything.

    Collectors are going to complain no matter what they do. They complain when the products are made so everyone can get as many as they want and the products lose value, they complain when the products are super popular and they miss out even though many of them only wanted it because it was incredibly popular and low mintage. They're going to complain no matter what

    Maybe it's not that bad in ancients, and it doesn't seem to be as bad in world coins, but the US collecting community as a whole especially on forums is a very judgy you have to do things exactly how I want them type mentality. Just look at how many times someone will post something low value or modern and people will dump on it or how raw collectors will imply or say they're better collectors because they "dont collect plastic" etc etc.

    The only way people aren't going to complain about the US mint is if the US mint never existed and even then they would likely complain that their isnt one lol
     
  5. johnmilton

    johnmilton Well-Known Member

    I have learned how to live without the vast majority of modern mint produces.
     
    masterswimmer likes this.
  6. Long Beard

    Long Beard Well-Known Member

    $699.99 for an $80.00 bullion round (or around that with shipping). What no one mentioned, down the road, say in six months, buy one in the standard holder of the same grade. Side by side there is absolutely no difference aside from the label. So if you buy the label, buy it. Just stop telling me it's "special" when it is not.
     
  7. John Burgess

    John Burgess Well-Known Member

    It's labeled "advanced releases" suggesting it was at NGC before it was released to the public. Meaning

    They got theirs long before anyone had a shot at the inventory and now they are trying to sell the PR70s for $700.... not this sucker... no sir!
     
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