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<p>[QUOTE="yakpoo, post: 1278507, member: 18157"]Thanks for keeping up with the totals! :hail:</p><p><br /></p><p>I just got back last night and trying to catch up. I can't believe the Mint suspended sales for "repricing", but put them back on sale at the same price :rolling:...what are they doing? Silver dropped 25%...I thought <b>FOR SURE </b>prices would drop to $59.95 and $62.95, respectively.</p><p><br /></p><p>Another interesting event was the inversion of 2010/2011 sales last week...meaning, more 2010 sets (351) sold than 2011 sets (182). I suspect that's likely due to the MintNewsBlog article. It'll be interesting to see if this trend continues this coming week.</p><p><br /></p><p>The Mint "says" they shifted the release of annual sets so collectors can buy them throughout the year inscribed on the coins. I think the "real" reason they did this was for inventory control. Since the coins can't (by law) be minted outside the calendar year inscribed on the coin, the Mint had to estimate (and produce) the number of sets they "think" will be sold (through August) before the end of December. Now that they've shifted to a January to January schedule, only one (1) month's sales needs to be estimated.</p><p><br /></p><p>The 2011 sets went on sale at the end of January so I expect they will go off sale at the end of January...when the 2012 sets go on sale. If we accept and "end of January" off-sale estimate for the 2011 sets, we should probably add four (4) weeks when projecting needed weekly sales for the 1995/2011 comparison...</p><p><br /></p><p>2010 Silver Proof Set: (679,984 – 573,620) / 12 = 8,864</p><p> <b>2011 Silver Proof Set: (679,984 – 461,766) / 16 = 13,639</b></p><p><br /></p><p>If the Mint goes back to ending each year's sales when the next year's sales begins...the 2011 sets will be extremely low!! The poor economy, high prices, Christmas coming, and all the other Mint products available could keep 2011 sales below 500,000!! <b>Just imagine...2011 final sales of something like 485,000!! </b><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> ...and it will take sales of 1500 sets/wk (through January) just to get to that number.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1278507, member: 18157"]Thanks for keeping up with the totals! :hail: I just got back last night and trying to catch up. I can't believe the Mint suspended sales for "repricing", but put them back on sale at the same price :rolling:...what are they doing? Silver dropped 25%...I thought [B]FOR SURE [/B]prices would drop to $59.95 and $62.95, respectively. Another interesting event was the inversion of 2010/2011 sales last week...meaning, more 2010 sets (351) sold than 2011 sets (182). I suspect that's likely due to the MintNewsBlog article. It'll be interesting to see if this trend continues this coming week. The Mint "says" they shifted the release of annual sets so collectors can buy them throughout the year inscribed on the coins. I think the "real" reason they did this was for inventory control. Since the coins can't (by law) be minted outside the calendar year inscribed on the coin, the Mint had to estimate (and produce) the number of sets they "think" will be sold (through August) before the end of December. Now that they've shifted to a January to January schedule, only one (1) month's sales needs to be estimated. The 2011 sets went on sale at the end of January so I expect they will go off sale at the end of January...when the 2012 sets go on sale. If we accept and "end of January" off-sale estimate for the 2011 sets, we should probably add four (4) weeks when projecting needed weekly sales for the 1995/2011 comparison... 2010 Silver Proof Set: (679,984 – 573,620) / 12 = 8,864 [B]2011 Silver Proof Set: (679,984 – 461,766) / 16 = 13,639[/B] If the Mint goes back to ending each year's sales when the next year's sales begins...the 2011 sets will be extremely low!! The poor economy, high prices, Christmas coming, and all the other Mint products available could keep 2011 sales below 500,000!! [B]Just imagine...2011 final sales of something like 485,000!! [/B]:rolleyes: ...and it will take sales of 1500 sets/wk (through January) just to get to that number.[/QUOTE]
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