Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
How is a 1st day Mint issue BACKORDERED?
>
Reply to Thread
Message:
<p>[QUOTE="19Lyds, post: 1891590, member: 15929"]I happen to know from 1st Hand experience that, even though the US Mint takes returns, they will not do it if you do a LOT of returns as its only a courtesy offered in case a coin or product is damaged.</p><p><br /></p><p>In other words, if I had pockets deep enough to order 500 gold coins of which I returned 400 of them, I would definitely hear about it from the US Mint. They may accept the return of the 400 coins but they certainly would not allow me to order again.</p><p><br /></p><p>The comment about getting someone else's return is possible but I could say with certainty that it wasn't something returned by the folks tat buy in volume. The US Mint does not support "cherrypicking" and will suspend accounts that end up costing them (the Mint) money.</p><p><br /></p><p>Usually, he big boys have an avenue to sell off the coins they've ordered but do not want.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1891590, member: 15929"]I happen to know from 1st Hand experience that, even though the US Mint takes returns, they will not do it if you do a LOT of returns as its only a courtesy offered in case a coin or product is damaged. In other words, if I had pockets deep enough to order 500 gold coins of which I returned 400 of them, I would definitely hear about it from the US Mint. They may accept the return of the 400 coins but they certainly would not allow me to order again. The comment about getting someone else's return is possible but I could say with certainty that it wasn't something returned by the folks tat buy in volume. The US Mint does not support "cherrypicking" and will suspend accounts that end up costing them (the Mint) money. Usually, he big boys have an avenue to sell off the coins they've ordered but do not want.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
How is a 1st day Mint issue BACKORDERED?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...