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2018 SF Silver Reverse Proof "P"MD, need advice!
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<p>[QUOTE="Howard Black, post: 3153736, member: 97119"]We bought 10 sets when the gate opened. Gave two away as gifts. Then a couple days later, when we saw they were still available, ordered two more sets as replacements -- two orders of one set each (free shipping on both).</p><p><br /></p><p>We were planning on never opening them and at some point selling them as never opened NIB in US Mint sealed packaging -- but now I am not really comfortable with that -- but that's the least of our worries at the moment.</p><p><br /></p><p>After reading a few horror stories and seeing some truly horrendous examples of damaged coins some people had received, I decided I'd better give <i>our</i> coins a <i><b>close</b></i> look (closer than the cursory examination I gave them upon receipt).</p><p><br /></p><p>Out came the 30x loupe, and I found two coins with "P"MD -- the scare-quotes because the damage clearly occurred after the coins were minted, but, they were damaged <b><i>by</i></b> the Mint and <i><b>in</b></i> the Mint.</p><p><br /></p><p>I don't know if we should return them, or keep them -- because I don't know if -- like "normal" PMD -- the damage will <i>reduce</i> the value of the coins. Or, if, owing to the unique nature of the damage (i.e., sealed in lens, obviously inflicted <i>by the Mint</i> while in their custody), will be a sort of unique "Conditional Rarity" and <b><i>increase</i></b> their value.</p><p><br /></p><p>The situation is complicated by the realization that they might sell out at any moment, and in fact may already have sold out since I last checked the order page to see if it was still accepting orders (it seemed to be, but I didn't actually try putting anything into the cart -- I just entered "100" and then tapped the button to up it to 101, and it popped up a notice in red text informing me that it had reduced the quantity to 100, which it's been doing since the second day, and, as it has since that day, the blurbbage on that page says there is NO limit. Uh huh. New math, I guess. 100=infinity.</p><p><br /></p><p>I digress.</p><p><br /></p><p>Assuming they do still have inventory on hand, will they reserve two sets for us when they issue an RMA when we call about the defective sets? Or will we get a refund and a "sorry, no more available" message? (As of the last official report they were about 3/4 sold out -- assuming they actually do mint the <b><i>maximum</i></b> quantity specified, <i>never</i> having stated an <b><i>actual</i></b> amount to be minted. That report was last Sunday. I assume that tomorrow they'll update it with figures as of <i>today</i>.)</p><p><br /></p><p>I would desperately appreciate some advice based on having thoughtfully analyzed consideration of the situation.</p><p><br /></p><p>Or, if anyone knows of something similar having occurred in the past, and has empirical knowledge of what direction the valuation took, <b><i>please</i></b> let me know!</p><p><br /></p><p>I'm going to try to post two images to show the damage. They are not particularly high quality but they are the best I am currently able to produce.</p><p><br /></p><p>The dime has some scratches on the rim (barely visible in the image -- they look significantly worse in real life).</p><p><br /></p><p>The dollar has some scratches on the rim (again, same deal as with the dime), and some "marks" of (to me) undetermined cause, in the field adjacent to the rim scratches. These <i>do</i> show up fairly accurately in the image.</p><p><br /></p><p>If one of the damaged coins were on a quarter, I could consolidate (swap) lenses and only have <i><b>one </b></i>damaged set to deal with. Story of my life. (<i><font face="Book Antiqua">Down With Murphy!</font></i>)</p><p><br /></p><p><br /></p><p>Dime:</p><p><br /></p><p>[ATTACH=full]808462[/ATTACH]</p><p><br /></p><p><br /></p><p>Dollar:</p><p><br /></p><p>[ATTACH=full]808463[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Howard Black, post: 3153736, member: 97119"]We bought 10 sets when the gate opened. Gave two away as gifts. Then a couple days later, when we saw they were still available, ordered two more sets as replacements -- two orders of one set each (free shipping on both). We were planning on never opening them and at some point selling them as never opened NIB in US Mint sealed packaging -- but now I am not really comfortable with that -- but that's the least of our worries at the moment. After reading a few horror stories and seeing some truly horrendous examples of damaged coins some people had received, I decided I'd better give [I]our[/I] coins a [I][B]close[/B][/I] look (closer than the cursory examination I gave them upon receipt). Out came the 30x loupe, and I found two coins with "P"MD -- the scare-quotes because the damage clearly occurred after the coins were minted, but, they were damaged [B][I]by[/I][/B] the Mint and [I][B]in[/B][/I] the Mint. I don't know if we should return them, or keep them -- because I don't know if -- like "normal" PMD -- the damage will [I]reduce[/I] the value of the coins. Or, if, owing to the unique nature of the damage (i.e., sealed in lens, obviously inflicted [I]by the Mint[/I] while in their custody), will be a sort of unique "Conditional Rarity" and [B][I]increase[/I][/B] their value. The situation is complicated by the realization that they might sell out at any moment, and in fact may already have sold out since I last checked the order page to see if it was still accepting orders (it seemed to be, but I didn't actually try putting anything into the cart -- I just entered "100" and then tapped the button to up it to 101, and it popped up a notice in red text informing me that it had reduced the quantity to 100, which it's been doing since the second day, and, as it has since that day, the blurbbage on that page says there is NO limit. Uh huh. New math, I guess. 100=infinity. I digress. Assuming they do still have inventory on hand, will they reserve two sets for us when they issue an RMA when we call about the defective sets? Or will we get a refund and a "sorry, no more available" message? (As of the last official report they were about 3/4 sold out -- assuming they actually do mint the [B][I]maximum[/I][/B] quantity specified, [I]never[/I] having stated an [B][I]actual[/I][/B] amount to be minted. That report was last Sunday. I assume that tomorrow they'll update it with figures as of [I]today[/I].) I would desperately appreciate some advice based on having thoughtfully analyzed consideration of the situation. Or, if anyone knows of something similar having occurred in the past, and has empirical knowledge of what direction the valuation took, [B][I]please[/I][/B] let me know! I'm going to try to post two images to show the damage. They are not particularly high quality but they are the best I am currently able to produce. The dime has some scratches on the rim (barely visible in the image -- they look significantly worse in real life). The dollar has some scratches on the rim (again, same deal as with the dime), and some "marks" of (to me) undetermined cause, in the field adjacent to the rim scratches. These [I]do[/I] show up fairly accurately in the image. If one of the damaged coins were on a quarter, I could consolidate (swap) lenses and only have [I][B]one [/B][/I]damaged set to deal with. Story of my life. ([I][FONT=Book Antiqua]Down With Murphy![/FONT][/I]) Dime: [ATTACH=full]808462[/ATTACH] Dollar: [ATTACH=full]808463[/ATTACH][/QUOTE]
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2018 SF Silver Reverse Proof "P"MD, need advice!
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