Booyah Now that's what I,m talkin' about!!! See, the mint can be more helpful to the collector if it tries. Prices will ultmately be determined by collector interest and demand instead of wild speculator binges!
i think the mint is being forced into using household limits due to a few resellers who are quick to make big profits from the general collector/public. Hats off to them. I too agree with the 1 per option limit.
No its not it sucks i bought the limit last time spent like 8k and then sold them and made MONEY this sucks that you are only going to be able to buy one of each. :vanish:
LOL - The way it's stated - yes it could be interpreted that way. I should have written this is one set of coins I would line up to buy. I laugh only because it's sometimes interesting and a bit of a lesson to hear what people read versus what you meant. Best Regards Darryl
I the long run I think the only difference is that collectors will be able to buy some the first week. After that, it will probably be the same free-for-all by the dealers to grab the remaining pieces - if there are any. I think it's a good move by the mint and for those that want to turn a quick buck, (which is just fine) they will have to wait a week to get more. If there are no more left at the end of the week than all the better for all the collectors that were able to get at least one...
I'm a bit lost on what the agenda of this play-by-play "lowest selling price" is all about. I dont even collect this series -just interested as a collector of a variety of Mint products -but everytime I check the "completed" SALES of these coins -they range from $540 to low $700s?? Prices have dropped -true, will they bounce back -stay the same or go lower. only the market knows...........
best scenario Of course even with the law as is the mint could make a million of each coin, sell all they could;at the end of year destroy any left over,then next year announce real mintage/sale figures. That would make each coin stand on its own merits, absolutely no artificially made markets. Suck on that thought!
The Perth mint in Australia has a similar approach. Some (not all) coins are made to order. Mintages are not announced in advance. They sell whatever they sell by the end of the year and then stop production. That would make a lot of sense for the First Spouse series. It would stop the speculation for sure. The US Mint uses this approach for bullion coins. Why not for commemoratives?
The one per houshold is an interesting twist but it doesn't really change things all THAT much. The dealers, instead of using 10 people to order the limit of 5 will now have to turn to more people and expand their network to friends and family. I can see the online account registration numbers jump by 20,000 in the next couple of weeks as everyones mother, brother, cousin, aunt and uncle sign up so that they can order their 1 set of UNC/Proof. It will cause prolonged connectivity issues for the mints website and most likely customer frustration as now you will have 20,000 people all trying to get in at 12:00 noon on the 30th. The "first week" statement is a joke. It won't be under 2 hours but I think it will sell out in 24-48 hours depending on how fast the dealers can set up accounts and get access via the web. It's a nice attempt but the scammers are very savy. Best of luck to you all who are planning to fight it out .........
Just wondering but where did you get the information about this how you can only order 1 of each? cause i called the mint today and they told me that the limit was 5 per household per coin. also i didnt see anything about this in coin world.
third spouse gold third spouse future may not be good too with stock market crushed. gold and silver downed. financial and banking sector problems. washington and adams spouses prices falls. i see 3rd spouse gold may not be bright as expected. also u.s. mint limitation to one piece each. the dealers and institutionals may not support spouses price. because they don't have it. that's means the spouses series is dead. i remembered 1992 white house commems sold out before. the dealers did not have it. instead they pushed the 1991 u.s.o. commems price. on aug.14. spouse gold price hit a low of $466.98.
Just got off the phone with the Mint Pressroom I wanted to complain about only allowing one coin per household. This will allow the dealers to use there employees and there home address plus there biz address. I told the mint pressroom that many households have more then one coin collector in them. (Father&Son) It is a big advantage for dealers and big biz. The United States Mint will reevaluate this limit after the first week, and either extend, adjust, or remove it. What a joke they will be sold out and they know it. Everyone should call about this. Contact: Press inquiries: Michael White (202) 354-7222 :loud: