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<p>[QUOTE="krispy, post: 1911385, member: 19065"]I like it and I've thought about an option similar to your <b><span style="color: #0000ff">third option</span> </b>before. I think it's the best possible option given the kinds of problems the size of customer demand and order fulfillment has run into and the desire collectors have to see aftermarket sales become profitable. A smaller mintage also offers the best justification for the very high aftermarket prices, and those values could be sustained with less coins being minted.</p><p><br /></p><p>The difference I've considered would be to scrap the current order taking concept that just because a customer places an order they get a coin(s). Instead, I imagined something like the GSA dollars ordering system, that is, customers submit an "order request" but, fulfillment depends upon the available supply doled out in a kind of raffle or lottery system, from the pool of order requests.</p><p><br /></p><p>Under this scheme, something similar to the mint-to-demand order opportunity would exist for a period of time. Anyone could place an "order request" during that period of time, but with significantly reduced mintages, there would be a strict household limit of one enforced.</p><p><br /></p><p>Just like buying a State lottery ticket, customers would have a cut-off date to get a ticket before the drawing was held. After the period of order requests closed and redundant order request sorted out to create a pool of unique order requests, drawing for the available minted supply would be held.</p><p><br /></p><p><i>A rough example of this might be,</i> a special coin is to be released with a mintage of just 5,000 coins, and an order window will be open for 3 months to allow customers to place one order request per confirmed unique Mint customer account with email, billing and shipping addresses matching. Delivery would be enforced to the mailing address on the account and to who billing is verified to each customer. The result could be that the Mint receives a vast pool of customers many times more than the mintage figure. A drawing is then held at the conclusion of the order window of opportunity and all order numbers published online for customers to confirm they've "won" and will be billed and receiving a coin. It shouldn't matter whether the entire mintage was struck or not, and the Mint should be able to provide precise details on delivery dates the way other large online retailers do.</p><p><br /></p><p>From a PR event perspective the drawing for order fulfillment could be done online via a <a href="https://support.google.com/youtube/answer/2474026?hl=en" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://support.google.com/youtube/answer/2474026?hl=en" rel="nofollow">LIVE streaming YouTube channel feed </a>and resemble something like State lotteries, which have those televised ping-pong ball style<a href="http://en.wikipedia.org/wiki/Lottery_machine" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Lottery_machine" rel="nofollow"> lottery machine</a> drawings after the evening news broadcast live.</p><p><br /></p><p>Of course, any given scheme will have some who loose and some who win. There has become increased unfairness in order fulfillment, that is heavily tilted towards insiders, dealers and show attendees, which only hurts the direct marketing side of Mint collector products and customer interest in the products as well as what any product depends upon, customer loyalty to a brand, the Mint brand. Certainly, there will always persist those seek and find ways how to profit more than others in the aftermarket, but I feel, enough isn't being done to make access to the opportunity to do that fair and equal to all those interested in obtaining and trading coins in this niche of the coin hobby/industry.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1911385, member: 19065"]I like it and I've thought about an option similar to your [B][COLOR=#0000ff]third option[/COLOR] [/B]before. I think it's the best possible option given the kinds of problems the size of customer demand and order fulfillment has run into and the desire collectors have to see aftermarket sales become profitable. A smaller mintage also offers the best justification for the very high aftermarket prices, and those values could be sustained with less coins being minted. The difference I've considered would be to scrap the current order taking concept that just because a customer places an order they get a coin(s). Instead, I imagined something like the GSA dollars ordering system, that is, customers submit an "order request" but, fulfillment depends upon the available supply doled out in a kind of raffle or lottery system, from the pool of order requests. Under this scheme, something similar to the mint-to-demand order opportunity would exist for a period of time. Anyone could place an "order request" during that period of time, but with significantly reduced mintages, there would be a strict household limit of one enforced. Just like buying a State lottery ticket, customers would have a cut-off date to get a ticket before the drawing was held. After the period of order requests closed and redundant order request sorted out to create a pool of unique order requests, drawing for the available minted supply would be held. [I]A rough example of this might be,[/I] a special coin is to be released with a mintage of just 5,000 coins, and an order window will be open for 3 months to allow customers to place one order request per confirmed unique Mint customer account with email, billing and shipping addresses matching. Delivery would be enforced to the mailing address on the account and to who billing is verified to each customer. The result could be that the Mint receives a vast pool of customers many times more than the mintage figure. A drawing is then held at the conclusion of the order window of opportunity and all order numbers published online for customers to confirm they've "won" and will be billed and receiving a coin. It shouldn't matter whether the entire mintage was struck or not, and the Mint should be able to provide precise details on delivery dates the way other large online retailers do. From a PR event perspective the drawing for order fulfillment could be done online via a [URL='https://support.google.com/youtube/answer/2474026?hl=en']LIVE streaming YouTube channel feed [/URL]and resemble something like State lotteries, which have those televised ping-pong ball style[URL='http://en.wikipedia.org/wiki/Lottery_machine'] lottery machine[/URL] drawings after the evening news broadcast live. Of course, any given scheme will have some who loose and some who win. There has become increased unfairness in order fulfillment, that is heavily tilted towards insiders, dealers and show attendees, which only hurts the direct marketing side of Mint collector products and customer interest in the products as well as what any product depends upon, customer loyalty to a brand, the Mint brand. Certainly, there will always persist those seek and find ways how to profit more than others in the aftermarket, but I feel, enough isn't being done to make access to the opportunity to do that fair and equal to all those interested in obtaining and trading coins in this niche of the coin hobby/industry.[/QUOTE]
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