2010 boyscout of america centennial

I think if you bought 40 of them you should carefully look them over when they arrive, pick the best then pick the best from that batch. Keep the best one for yourself and maybe up to 5-10 max that you'd want to re-sell but realizing that you may not make much for the effort. The rest of them, send back if your window for returns is still open.

You know, if these coins were in the three figure area there'd be a lot more collector buzz and evidence of the price climbing amongst collectors. A Scouting family would likely spend three figure money on a Summer Scouting adventure, camp, put towards a vacation to special places to work on earning merit badges or just buying necessary Scouting gear... but certainly not this coin.

 

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getting ready for a sold-out

The site USMINT.GOV Has Shipping 4/28 for Proofs and 6/15/2010 for the Unc. When the dates change like that it is usually the end of 350k.

 

Thanks for the info. I saw that on the website and was wondering if it was a misprint.

 

It's awful easy to have remorse,so thank you for bringing it up.Maybe I'll be that much richer when I return for returning my measley four coins.Better late than never.

 

http://www.coinnews.net/2010/04/13/2010-lincoln-cent-roll-sales-debut-bsa-coins-top-290000/
the link

 

btw I am still bullish on these coins

 

I'm sure you'll go down with the boat over them too.

 

:hammer:You seem to be overplaying this one. :hammer:

 

i agree with you krispy.

 

Danr, check the threads... lots of folks here are questioning your way of thinking about the BSA... If your stats were anything to judge by as a land slide in popularity then these coins would have sold out due to all the Scouts rushing the doors of the Mint to get them, but that hasn't been the case. They are selling out because the household limit is so large and people like you are bent on the idea that they can make money flipping them for a slim margin. Let this be another lesson to you, that the Mint are the only one's who stand to make money off these (and from you.)

 

boy scouts need another three to four weeks to finish it.

 

At least you haven't spent your life savings on those darn FS coins! :goof: They better go up in value. :computer:

 

Hi Strum. Your post reminded me of a book called Your Money and Your Brain by Jasen Zweig. I highly recommend it. Your reaction to the potential of profit and the remorse you are having is text book. Our brains are actually hard wired to react like that so don't be too hard on yourself.

As far as the play on the coin, I assume you thought the coins would be in higher demand due to the large population of current and former scouts? I wouldn't call that a disastrous choice. It may eventually be proven to be wrong but not disastrous. Remember, many large banks and several sovereign nations recently had the great idea of lending trillions to people who had no proof of income, no savings and no hope of ever paying off the usurious gimmicky loans. That is disastrous. So if you sell all your coins for melt you will get what back? Half of your principle roughly? That would actually place your financial acumen way above the average Wall Street investment bank CEO. After all you only lost half, they lost everything several times over lol.

If you read Zweig and liked it take a look at the first hundred pages of Extraordinary Delusions and the Madness of Crowds. Fascinating book.

 

Hello everyone,

I was at a local coin meeting tonight and was informed that when the coins were released the mint sold 200+ Thousand the first week. This could be the reason for the delay?

Regards,
Stan