I think the mintage is too high on this one, and the household limit is too small. 75,000 and 5/house would create a better sellout. I MIGHT get a few if I get a pre-order offer. If not, I might get a MS70 when they get cheap.
485... 1 per household and limit of 100K... These guys just have no clue what they want to do... Go from 125K at 205 to 100K at 485... In their offices too much and not paying attention... The info they need is right here on this board... WAKE UP MINT ! Should be 75K and 3 per household, or close to this... They should also offer a first offer service per person, not per company and so many other GOOD BUSINESS choices... Special labels for those paying more, signatures and so on.. Bad business, just like the Post office... I am 100% positive that at some point it get's privatized, Post office too... More jails too... Rich have to reap profit off of everything.... 667
Its funny to watch people squabble over what the limit should be, just as long as they can get in and make money off of someone that couldn't get in because of their greedy intentions.The poor guy that has to work instead of sitting in front of the computer is always SOL. Order limit should be one per person
I don't find this series interesting at all. The markups are too high, the details not bold enough and the flippers are too greedy and relentless. This doesn't feel like collecting to me, it feels more like market speculation, manipulation and planned obsolescence. It's too bad, the series was an interesting idea, but it ultimtaely makes me sad for the hobby.
I'm not squabbling. I actually get tired of listening to all the non-sense , with these especially. There's the one per household limit everybody was begging for with the last issue. They actually DID listen. Mintage went down to a respectable 100k offering. (They're still going to sell out quickly.) If the mintage was 50k, we'd have different people screaming that it isn't enough so they're going to lose out. There's no happy median. Again, some people will want multiples. Jester complains that the poor slob at work has no chance to get one at this mintage while Brian C. thinks this is 25k too many so these will just sit there for weeks! lol I'll be happy if nobody buys one. Would love nothing more than a trouble free, online shopping experience Sept. 8th. Unfortunately I've got a feeling there'll be more people on trying to get this than the last ones because of the 1 per HH limit. I'm expecting it to be worse. Being more expensive and 1 HH limit, but with a lesser mintage.... I'll guess unavailable in an hour.
I think the mintage is too high, and I think the per household is too small. Here is why. The last one had a 125k limit, and 10 per household. That means it only needed 12,500 buyers to sell out. It was fairly cheap, meaning more people could afford them. That said, they made too many, as many were returned, they are doing lousy on the secondary market, etc. This coin is a lot more expensive, so less people can afford it. There will need to be 100,000 buyers for this, as opposed to a minimum if 12,500 for the last. Yes, not everyone bought 10, but many big dealers did, which helped it sell out fast. I seriously do not see this next one selling out fast. If I do not see any offers to pre-buy, I will wait and buy on the secondary market. With the mercs, there are around 120,000 or less on the market, and they are not going up. No way will a more expensive coin with close to that mintage limit go up in value.
I'm not buying one for the investment aspect. Mainly just love the design and want one for the 100th anniversary. The worst it can do is track with spot gold over time.
What you are writing makes sense. Ther people who think there is a squabble, when there isn't just are not paying full attention. It is not, we want more more more, or less, less less, just where it belongs to trigger vaule, the ability for some to make money, and to create a value on a new coin... No squabble.. It would just be nice if they were paying attention, and that would not be "what everybody asked for, limit of 1" Something reasonable... I don't flip them, but if someone has a chance to make money sitting at home after a hard life of working and retired, or a disabled person looking to make extra bucks, or as is the case with Our great system, a chance to make more money, period, then so be it...
Agreed. Plus there is something wrong when a style of product consistently ends up losing value with in a few months of release. Even if people are against the flipping I think a lot of people would agree it would be nice to have mintages that will at least hold their value over the course of the year.
I don't agree. I have re-sold a few mint products myself but the fact is they do not exist to be a wholesaler for flippers to make a side income. If I worried this much about the precise value of every coin I obtained I probably flat out just wouldn't collect at all. If we MUST set aside the fact that people do actually just want to own one because they want one, what is the major concern with these 24k gold coins? Of all the coins to worry about..... this is pure gold. Should be highly desirable design. This should have the least concern. Unless you expect gold to crash back to $300 which is never going to happen. PMs are volatile. It's the risk you take buying any of it. It's always a 50/50 chance of it going either direction. Be thankful it isn't higher right now IMO. Not sure how or why people insist on equating a 1/4 oz of raw gold's value with a finished coin that required refining, multiple manufacture processes, packaging, profit to pay workers involved, etc...etc.. There's a cost to these existing. It's going to go well beyond melt value. If that final price determination is unreasonable, they will go on sale and sit there until 2016 ends and then they can melt them back down. Personally, I doubt they will make it 2 hrs. Whatever the aftermarket does, who cares? It's a HH limit of one. It wasn't going to be a volume flip anyway. The melt value of these will far surpass the initial release price some day. I don't really care when that someday is. I'll just be happy to have one. This should be an excellent opportunity to see what demand really is. Maybe they'll languish on the site for weeks....
Good there are other opinions... Makes this country great, at least we wont lose are right hand for doing it... Let's say, example : The price of Gold goes to $4000.00 in 2022... Do you think that if the price of this coin exceeds 25% or $1000.00 ? I am 51, so the someday you don't care about, matters to me.. I think that is the difference in coin collectors, their level ! Mine is mute since I did not start early... I cashed ones in gave to me when I was 20... Started buying Gold and SIlver coins over the past 3 years for INVESTMENTS... Yea, i like to look at them... And had i started collecting when I was young, holding thousands of dollars worth of old coins, would make we excited to talk about old coins and everything that has to do with collecting, finding, dealing, etc... But, it is too late for that as it would not benefit financially in any real terms... Happy for those in it...
Yep, I'm not surprised. I want two, but I could live with only one. Now I just gotta remember to hustle on Sept 8th., maybe even have to take some time off work.