Anyone canceling their order of 75th anniversary sets?

ordered from day one till the last day were in process right now. but ordered at later date were posted backordered. and expected to ship on july 27,2012. no more september or october shipment.

 

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My 2nd order also moved up over the last 24hrs. For anyone that was thinking they had time to debate the profit/gains and cancel if the set was a flop, forgeta-bout-it! Glad they will ship either together or a few days apart. Will take at least one set to Philly to get graded at the WFoM if they arrive in time. I think anyone that canceled their order loses out if they are a collector of the series! I do not believe you are going to get the RP in the secondary market for less than $175.

 

I ordered mine originally on the first day, cancelled that order, and re-ordered on the last day at 3:18 PM. My order shows as still in process, backordered, but the shipping date has changed to 7/27/2012 (which was yesterday). Also, my cancel boxes are still there. So, I don't know how that compares with the other late orders out there.

 

if your ordered is not ship. the shipping date will be move to another day. like by monday. we should see shipping move july 31. and so on until all orders are ship.

 

I sort of wish I ordered a bunch more

 

Good for you then, you'll be getting your set!! :thumb:

 

2012s 2 coin set have two key dates. while 2006 3 coin set might become zero key date. why?.

2006w burnished unc is no longer the lowest mintage in that category. 2011w is the current lowest.

2006w reverse proof mintage might become higher than 2012s reverse proof. if the credit cards and cancelling orders took several thousand down. then the 2012s reverse proof should take over the spot that 2006p enjoyed.

2012s proof eagle will also take over the 1994p proof eagle.

 

I doubt very much that they get that many cancellations. When all is said and done I bet they don't get anymore cancellations than they expect. jmo

 

Blast the 'key's', I'm just in it for the fun of it.....collecting that is.

Sorry Chris. Tilting at windmills is honorable but futile. You make some very valid points in your argument but neglect to remember the collector....the guy who loves the series. Is he supposed to drop his entire series (collection) because the Mint mislead the flock? Heck, they've always done that. They're in the mix to make money and they do it quit well. They are successful and profitable in that regard. I've been buying granny bait for years.........but it's what I like and enjoy. I won't quit it........

 

I wasn't gonna order any of these blasted things - mainly due to price. But then on the last day, seeing the mintage was somewhat low, I ordered two. I am not canceling - it will look good on the nightstand,finallly displace the proof buff. The other set, who knows?

 

Not sure where you get this, but I imagine it comes from making blanket statements like those who cancel orders are doing so out of foolishness and supporting it here with your message of patriotism built on a crutch of subjective religiosity. I gave my reasons to you why people who cancel orders are also doing so for a matter of choice, principal and economic reasons their own, not as the fools you would label others to be.

Being foolish is not an American trait that I'd align myself with nor would ever suggest anyone else to lower their standards for being the same. Its not a word people lean on when defending their 'rights' to anything, and is a poor basis for the way you suggested others may have cancelled orders for this product as if doing so without forethought and reason. 'Choice' is the right American people expect to be able to exercise -- not the right to be fools nor to be labelled as such by others looking to belittle the choices made.

So, your number one reason is money! It is so very exposed! I have pointed it out in this discussion that this greed in perceived value that collectors base their purchases one subverts the supposed merits of this hobby often espoused, buying for their collection out of love and devotion for the history and symbolism that the coins represents. How easy it is to chuck that to the end of a list or entirely out of one's reasoning.

Here it is again, #2, money! This time it's supported with a subjective concept that these coins are minted in such limited quanity that they are within the realm of rarties. How many times over is this mintage from the key coin of the siver eagle series, the '95w, some 32k : 250,000, (approximately)... If indeed these coins are minted to demand, then demand for the coins has been fulfilled and your aftermarket profits will rapidly dwindle if ever be something all flippers can obtain.

It doesn't matter who ordered the set, it's obvious who orders the set, that doesn't lend any merit to your argument. And you've pretty narrowly defined it with an assumption because you assume that everyone want's the RP, why? Because of it's supposed value amongst collectors. Hence we are talking about money again. Seeking value in a unique or limited object. Frankly, the new RP coins are not on the same level of quality as the 2006 RP, not since the Mint chaged to the low quality laser etch effect that blankets much of the fine detail of the design of these coins. Furthermore, this again subverts what a collector is want to claim they enjoy about such products collecting for the beauty of the coins, their history and what they symbolize. Again, you give that a back seat to the factors of potential value these coins may represent but which they ARE being perceived for.

Not at all. That's your opinon. I have my reasons based on the principal of the matter of how the Mint markets and makes known information for collectors to make an informed buying decision. Nothing wrong with my objection and reason to that. Similarly, I find the collectors are overlooking what this set was conceived for, the celebration of the minting operations in San Fransisco. While the whole package is a marketing gimmick to sell more overpriced manufactured collectibles, I see no one discussing an interest in the San Francisco Mint, it's legacy or anything else besides what the RP and that coins value will mean to a collections value, a flippers pocket book and a dealers inventory and profits. I for one was interested less in the RP for the quality issues given and enjoy very much the Minting of coins from San Fransisco's Mint. But as you end #4, you again summarize with further justifacation about money, that this is all about making money.

Yes, I am aware this is a stretch for many people here to accept how and why others make such decisions. I realize I am quite alone in this decision. But I don't mind and I shared my thoughts in this thread given the OP's inquiry. I likewise defend my reasons when being told I've acted thus, foolishly. But I do so, make my decisions to buy or not to buy, and to cancel if I change my mind, exercising 'choices', as an individual, rather than accepting the situation as one amongst a herd of guided consumerist sheep. "Weird" or being different from the rest is no sound reason for your argument. Individuals who stand alone in their pursuits or perspectives often must contend with such resistance from the comfort zones of others around them. Many people on these forums 'dislike the practices of sellers' on eBay all the time. They run to these public forums to get their vengeance, ranting and whining about such things. If the Mint was a seller on eBay, these forums would be awash in griping and bemoaning that someone else ought to do something to stop the practice they disagreed with.

I've stated this previously, people are sold on the legacy of the Mint and can't undo their loyalty easily. They have also allowed in in a short span of time, acceptance of the Mint producing collectibles sold to them to feed their ever more greedy request for things to make money off of collecting, which are all marketing gimmicks to expand product lines into as many forms as possible for the Mint to continue reaping the profitable rewards of selling things like silver eagles at $75/oz. just because they come 'minted-to-demand' or sold in yet another combination of other coins, another flavor of OGP, etc. The gimmicks are having an effect on these coin series and in due course of time, they will undermine the hobby, values obsessed over, will not be maintained and there will be a glut of such products across a number of years of offerings with nowhere to go.

I don't like the Mint's practices, have explained it for you point for point and repeated in these threads, and as such I haven't bought from them. I cancelled the order and no money changed hands. I did however, place an order to maintain my collection of these coins I admire and have long collected, until I observed a practice I could not agree with. This happened only after I placed my order, in the first place, and later had to question and decide, for myself, to cancel my order. Nothing weird nor foolish about it.

The Mint you say is not beyond the pail of selling practices seen on TV, but I will remind you that in recent years there have been a number of TV ads from the Mint that spoof our hobby and they do use marketing gimmicks conceived to sell these products to collectors. The last few years, with the rise in spot prices of metals, has seen enormous rewards and annual raised retail prices for Mint products, even when spot has rapidly declined again. This rush to buy these products at any price is so profitable that the Mint doesn't need to spend money airing TV ads at this time. But the marketing gimmicks are no different than any other retailer, with their successive deployment drawing the Mint ever more near the pail and becoming like those things you cite from selling practices observed on TV.

With so much access to information at peoples disposal and outlets for obtaining it, no one has a right to be foolish, least of all collectors of the product we discuss, though they may choose to remain ignorant, which seems the very sort of comfort many here are easily pleased by. Clicking the mouse to build a collection on new coin release day from the Mint is easy. It requires little to no thought, but deciding to cancel or return an item does require some mental effort, even if its result is a sacrifice to a collection one has long enjoyed. Coin enthusiasts particularly have an abundance of informative options with which to make informed choices (about purchases) but when the Mint withheld information that it knew it was going to release one of the two 75th anniversary set coins in another product until after they sold a large amount of customers on this set, that information was not there to make an informed choice, effectively duping their customers into believing something else about what they were buying, that the coins were special to the set, even if not stated. To not state as much is to clearly witness the Mint covering themselves from a backlash. When it was confirmed that one of the coins will be selling in another product, I exercised by option (choice) to cancel my order, done as much in protest, dissatisfaction with the principal of what the Mint had done, as well as to protect myself from being taken ($) yet again by the Mint. The Mint will make no fool of me but they are the fools for doing anything to jeopardize retaining an otherwise loyal paying customer. These are not the actions of fools, Phil.

Everyone has an equal chance to be an informed about purchases unless, as in this case of dubious business ethics, the Mint withholds such information. They did a good job of covering their backsides by confirming suspicions that one of the coins would appear in an forthcoming product release, prior to those cancel boxes coming down from our account history pages on the 75th Anniversary coin. However, for most people already sold on the idea and orders locked in, imaginations of future values and 'low mintage' (utterly laughable that is) they are not likely to cancel and the Mint wins, that is profits from those unable to step back and see what just transpired in this release.

 

Hence minted-to-demand. And your point is...

 

This collector isn't loosing out. This collector wasn't that thrilled with the RP coins as most others seem obsessed with and so this collector won't be seeking the coins on the aftermarket, least of all for any bargain prices to the figure you suggested.

Not all collectors collect for an unbroken completist set of one of everything. The Mint though knows that most collectors think and act that way, and so the Mint continues to expand product offerings to sell more of the same things to that way of thinking.

I personally admire and find more that interests me in the 2012-s coin over that of the 2012 RP in this set. But I can, and will do without it, for reasons previously stated.

 

I cancelled an order of two sets, maybe the Mint will have a liquidation sale later this year to try to get rid of the returns and any other cancellations they may receive.

 

The quality of the coins is something that should not be over looked. Quality of finish is something which the 2006 RP coins have going for them over the newer RP coins that employ the cheaper laser etch finish. For this reason, a minor difference in mintage, none of which for these coins are really all that low, should be enough dramatically effect aftermarket values paid by some collectors. These "key" concepts for NIFC manufactured novelty collectibles is a stretch from what true key-status comes from in this hobby. At this point, with these products the Mint can tweak collectors year after year chasing these figures on paper about mintage (read 'sales figures') around. It's quite a bubble collectors have become accustomed to existing in with these products.

 

Not at all Ken. I am a collector who loves the series and doesn't buy to flip. I am standing up for principals which, for me, comes ahead of material consumerist behavior. That is something I think preventing "collectors" from agreeing with me and resisting the actions of the US Mint. Like I said, not all collectors are one-of-everything completist and such a sacrifice seems warranted, so here I have cancelled my order as I am dissatisfied. It's not been acceptable that the Mint always mislead their loyal customers nor should the collector commitment be exploited and felt to accept this. Yes, they do make money quite well, and I can also vote with my budget and take my buying power elsewhere, explore new collections of other things. However, I don't think you or anyone else deep down likes being bait of any kind.

I'm not asking nor tell you or others to quit. I'm also not taking this stance for an all out "I'm right, you're wrong" debate. I am just sharing my reasons and decisions because I enjoy discussing this stuff with you folks, even if we have different tolerance, motivations and types of collecting patterns. If my way of thinking influences others, that is their decision for what 2¢ to take or leave in building a collection or enjoying this hobby.

 

Well it's official, most of us are anxiously waiting for our sets!! Cheers!! :thumb:


http://www.coinnews.net/2012/07/27/2012-s-american-silver-eagle-two-coin-proof-sets-shipping/

 

You needed to be told that? One would have thought that all the weeks of gushing in these collector forums and tracking of pre-sales on eBay spoke for themselves.

And don't forget to read below the headline and first sentence because that same article also shares some of the not so happy customer's thoughts expressed in Coin News' comments section. :yes:

 

http://www.usmint.gov/about_the_mint...on=why_collect

"Why Collect Coins?

There are many excellent reasons why you might want to collect coins. For starters, they tell unique stories. A coin's design, mint mark, condition and composition can offer a glimpse into history and a better understanding of the past.


Some people collect coins in the hope that they will appreciate in value. Some coins have intrinsic bullion value (such as silver, gold and platinum coins). Others become valuable because they are rare.


Coin collecting, one of the oldest hobbies, was once practiced only by kings and the wealthy. That's why coin collecting often is called the "king of hobbies" and the "hobby of kings."


Coin collecting became increasingly popular in America during the 1930s when United States commemorative coins became widely available. Today, there are millions of coin collectors in the United States alone. The thriving coin-collecting community, which includes clubs throughout the United States provides numerous opportunities for collectors to meet and trade."

​

 

What? Did this happen before in the past, a liquidation sale?