Here's Michael White's number at the US Mint. Be sure to call first thing in the morning to ask what's up with this set's mintage. The more calls they get, the more pressure they'll feel to decide and tell us. 202-354-7222
Or the more they will raise the mintage because of demand Or the more the price rises to meet that demand
They already press released that they will only produce " up to 100,000 sets ", I have complete faith they will stick to it, Look at the "09" Lincoln set, they only produced 50,000 even with the extreme demand build up before and after. I believe it is in the U.S. Mints interest to build these little pockets of cool rare coins and to throw the collector/dealers a bone every so often to keep interest alive.
Hopefully. But, they sure screwed up the rollout. The press release says they "plan" to limit to 100k, not they will. And, they always include the limited number on the order page, but they didn't. I'd say some clarification is in order. So, again: Here's Michael White's number at the US Mint. Be sure to call first thing in the morning to ask what's up with this set's mintage. The more calls they get, the more pressure they'll feel to decide and tell us. 202-354-7222
Excited for this no matter what happens, but I really hope they limit that order to 100k. I'll be buying that the minute it's possible.
It does not make sense that the 20th anniversary set had a mintage of 250K and the 25th anniversary set will only have a mintage of 100K. I can see if it was one per household but five? That does not seem like an efficient way to distribute them across the collector base. It sounds more like a flippers dream. The Mint is not in the business of funding the secondary market; they would much rather make the profit themselves. If the 100K/5 limit holds and many collectors get shut out, the Mint will get many complaints. JMO. TC
The blog Coin Update states this: While popular, it's my guess that demand will be driven by the price point of this set of coins. i.e $300 = quick sellout, $1000 = only serious collectors will buy. It's probably between these two values. I do think the Mint has given themselves plenty of padding room by the inclusion of 3 coins that are available by other means.
That may be an error (meta data from a previous item that shouldn't be visible on that page of the catalog). Did you see the note on the actual product page? http://catalog.usmint.gov/webapp/wc...10001&storeId=10001&productId=16626&langId=-1 "Price to be determined. This product will be available for sale on October 27, 2011 at 12:00 Noon (ET). "
Called the mint! This price is a hoax, and the mintage is still 100,000! Sorry for that bit of bad news but someone is goofing with us! The ladie I spoke with said they would probably release the price the day before or the day of! Sorry for any disappointment this may cause!
A HOAX??? She used that word? Isn't a hoax supposed to be funny? Hopefully that’s the price based on today’s silver price and won’t change if silver doesn’t. The day before or day of??? Not a problem for me, but what about the 99% who need to plan their finances? Got to love The Mint!
This may help in was in today's email. http://www.coinworld.com/articles/25th-anniversary-set-sales-to-start-oct-27/
I just called White's office and had to leave a message. If I actually get a call back, I'll post it.
Gotta have one!- Even though I want silver for survival, my self imposed limit is $1,000 for this investment. I hope this is enough to include a flipper to help finance the keeper. The higher the price, the lower my interest. acing:
Clicking on this link shows the following in big red letters on the product page. Price to be determined. This product will be available for sale on October 27, 2011 at 12:00 Noon (ET). As I said above, ~$300 is going to mean a quick sellout.