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

i have done 1000's of dollars in transactions over the years with pp friends but not on this site

 

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No. That's why I added the last part. I'm always amazed by how uninformed their CS actually is. You may as well just call and chit chat about the weather.

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OK Vess.....ya had me worried there for a second.......

 

Well apparently she was partially correct. Read today that they did NOT have the entire mintage produced, for whatever reason. Reports saying they still need to mint the remaining 3k to meet the mintage. One article stated that they may decide to produce 20k more beyond the mintage, a few hundred more or leave it at 125k.

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Exactly why I'm still not bummed about sitting this suck fest out even with a faux sellout

I may get the walking liberty though. That's the only design out of the 3 I really like or care about. Now, let's see a 1oz gold ASE too for its anniversary

 

LOL! Can we get it in reverse proof, to celebrate the 10th anniversary of the 20th anniversary?

 

Link to this article proclaiming the mint might arbitrarily increase the coins set mintage?

 

http://mintnewsblog.com/2016/04/2016-mercury-dime-centennial-gold-coin-a-day-after-launch/

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In re-reading that article I'm not saying that it was an authority on what they're planning to do. He may have pulled those numbers out of the air. Or maybe had a source? But I did read a couple different places saying there were only 122k+ made and ready to ship. If so they may have been more skeptical than some of the posters on this board before they went on sale.

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It does not say they might increase the mintage limit... just says they might not have produced ALL of the limit at first.

 

Yeah I think I misinterpreted it. Itd be too easy for the mint to simply come out with actual numbers for whats going on.

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This reminds me of the silver & clad Baseball coins a couple years back...

They had a max mintage of 100k on the silvers, but only produced maybe a quarter of that in advance. The coins were available for sale for around 2-weeks, but went in and out of back-order with some frequency and no one knew what was going on because some early orders were being filled and some weren't for up to a month later. The ones who received their orders and had them in-hand could charge 3x issue price, but those who received them later were left with a few bucks profit if that.

It's possible these coins didn't sell-out, but instead they only sold out of the inventory on-hand and are working on producing the rest......Hope I'm wrong though as strong demand does make sense with these!

 

I'm in for 10!

 

I DID see another site reported about 223k or so sold, meaning they probably sold out, but have a few left that will be available for an hour or so some random day.

 

Selling out of available inventory would simply but the product into back order. Currently unavailable means that the system has exhausted all possible sales, currently available and back ordered. The system will need to reconcile all the orders before they can declare the item sold out. This could take a while. People cancel orders, return items, or have payment issues which may result in additional coins being available later. They may also hold a certain amount back for exchanges if there are any lost of damaged during shipping. Any held inventory may also become available once the dust settles.

 

Just got home and received a shipping notification from the mint, hopefully they dig up a few more to sell so I can snatch up 5 more

 

Looking forward to mine being delivered on Wednesday.

 

223k!!! I knew they couldn't resist doing some nefarious crap with this. Minting an additional 100k behind our backs is just plain wrong!

Seriously though. I'm betting they fire the presses back up on this. It's not controlled by Congress and with the record setting sellout they are in a unique position to cash in on a product perceived as hot. From a collectors pov it further dilutes an already watered down 5 finger scotch offering. Personally I think they will, they won't be able to resist what this situation looks like on paper but I don't think they should because I think it will backfire on them. They'll probably overestimate and strike 50-80k more and I'm guessing they'll sell only 20k +/- of it if that and I bet a good deal will get returned. I hope they will watch how the market digests this for the month first before making the decision but they'll probably feel like they need to strike while the irons hot. I bet they're already striking more and that's where they're going wrong jumping the gun before seeing how the market digests it. Of coarse this is all just a theory but I think it will be fairly accurate.

 

Oops, good catch, haha! I highly doubt they go beyond 125,000.

 

Why? They have a super hot product on paper with a high profit margin and the athority to do as they please with it. The number crunches and execs at the mint have probably been salivating and scheming the last few days