Johnson CC 2015 AX4 - anyone buying?

Yep, I managed to get in on some! The Mint's website worked really well, super smooth and almost glitch-free. Probably a flop, but sales seemed pretty "high-volume".
First order:
USM03703xxx
Last order:
USM03712xxx
Around 15 minutes apart.....

 

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These are not a flop. It's just that most people are ordering just one. Will sell out within the hour. I doubt they will ever sell below issue price. So no flop, but no big profits either for flippers.

 

On the what's new page it says limited...

 

Has anyone received the confirmation email?

 

Just got mine...

 

Pre-sold one of my boxes for about a $55 profit after all fees. That times 7 orders would be a decent little profit.

 

After the Watergate scandal not surprised. Too many people still have not forgiven Nixon.

 

But...but....but......he pulled us out of Viet Nam!

 

This one is still available at the US Mint which means that, Yes, it's a flop.

We'll have to wait until after 6pm PT to see if those folks that whined and complained about how they had to work and couldn't order will actually place an order.

BTW, 25,000 is a really low mintage regardless of how you slice it. It is, after all, 34,000 fewer coins than the 1998-S Kennedy SMS.

 

It would be...the problem is getting that 7 times. Could be easier said than done.

Who knows, all I know is I passed. The golden times were AX1 and AX2. I was only able to get in on AX2

 

pass

 

Sold Out

 

Still can't see prices going higher.

eBay is already $92 a set minus 10% minus $5 shipping = $77 a set.

No real demand... there was demand when there was 15k sets (somewhere around there).

 

I think Johnson will pick up and do OK. Not as good as Truman or Eisenhower but much better than Kennedy. I think a lot of flippers got burned thinking Kennedy would be a hit but at 50K the mintage was too high. This may actually work in the LBJ set's favor though as at 25K it's only 8k more than the original 17K that Truman and Ike have. If most buyers of those buyers were collectors versus the boat load of flippers that jumped in after Truman for Ike and Kennedy supply may dry up faster.

Once the quick flip supply dries up I wouldn't be surprised to see prices climb a little. Same thing happened with Truman and Ike pretty much. The mint overestimated the popularity of Kennedy and set the mintage too high maybe 30K would have been good but 50K was a bit too much. That and the coins portrait did not translate to the coin media very well in my opinion.

 

50,000 is a very respectable of not downright obscene mintage number!

In today's modern coin market it should be commanding triple its original issue price.

Look at the 2012 Silver Proof Sets. Mintage 393,757. Issue Price: $67.95
After market price: $200.

Why?

Sure, its silver but the real contributing factor is that low, low, low 393,757 mintage.

Imagine what the prices would be had it been 50,000? 25,000?

 

Thought that part of the reason why the 2012 sets went so high was because of the low mintage of the presidential dollars.

 

Nah. The Presidential Dollars were included in the Standard Proof Sets as well as the 4 coin Presidential Proof Sets as well as what ever else the US Mint could throw them into.

 

Just got my shipping notification!!

 

We have 2 threads covering this same topic!

Congrats stoster38 on your ship notification. I received mine as well.

 

2 of my 7 orders have shipped.