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How is a 1st day Mint issue BACKORDERED?
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<p>[QUOTE="19Lyds, post: 1891484, member: 15929"]Commemoratives are not available on the Subscription program and institutional orders (what exactly is that?) don't count either since ordering for everybody occurs at the exact same time. This is why they set "ordering limits".</p><p><br /></p><p>The real problem is that ordering opens at a "set" time which always happens to be noon eastern time. Folks that are closer to the ordering area get in quicker. Those that are further away just have to wait.</p><p><br /></p><p>As for backorders? It is easier to schedule an additional run after you know what the demand is going to be than it is to hold on to coins which cannot be sold. There was a lot of hype and even some false "Sold Out" cries when the HOF Coins went on sale. Some were even made available at the Baltimore Show so selling out of existing product was totally possible.</p><p><br /></p><p>However, orders do get cancelled. When I logged on to the Mint Web site this morning, I was surprised to see that the Unc HOF Gold was available for shipping on 4/12. When I went to bed last night it was 6/15.</p><p><br /></p><p>My feeling is that as long as you got your order in and as long as your credit card does not expire, then you should be good to go as I've seen the Backordered dates move up as well as move out.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1891484, member: 15929"]Commemoratives are not available on the Subscription program and institutional orders (what exactly is that?) don't count either since ordering for everybody occurs at the exact same time. This is why they set "ordering limits". The real problem is that ordering opens at a "set" time which always happens to be noon eastern time. Folks that are closer to the ordering area get in quicker. Those that are further away just have to wait. As for backorders? It is easier to schedule an additional run after you know what the demand is going to be than it is to hold on to coins which cannot be sold. There was a lot of hype and even some false "Sold Out" cries when the HOF Coins went on sale. Some were even made available at the Baltimore Show so selling out of existing product was totally possible. However, orders do get cancelled. When I logged on to the Mint Web site this morning, I was surprised to see that the Unc HOF Gold was available for shipping on 4/12. When I went to bed last night it was 6/15. My feeling is that as long as you got your order in and as long as your credit card does not expire, then you should be good to go as I've seen the Backordered dates move up as well as move out.[/QUOTE]
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How is a 1st day Mint issue BACKORDERED?
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