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When is the best time to buy from the Mint?
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<p>[QUOTE="Westtexasbound, post: 1914568, member: 54086"]In terms of getting the best quality of product. Common sense would say day 1. I have realized that buying on day one with the HOF coins (first hour) didn't get my coins out quick and the dealers that bought in huge quanities had theirs delivered and graded and for sale first. This got me thinking that the mint has to sell to the dealers well in advance. I am new so this might already be common knowledge. On another thread I asked if a coin should be returned. I bought an AGE 1oz. Some posters said if I wanted perfection then buy a MS70 aftermarket from the dealers. Do the dealers order thousands of the proofs before the "common" man....inspect them...cherry pick....then send back in mass. For example if the item goes on sale on Day 1 do the dealers get to buy on lets say a week before and the mint sends out say 1,000. Then the dealers keep lets say 100 and send 900 back. Do essentially those 900 become what the "common" man gets ordering on day 1.</p><p>If this is the case then it would seem better to order a few months in to allow the 900 in our example to get sent out and new coins to be produced and having a better shot at a perfect coin.</p><p> </p><p>D0 I even have a clue on this?</p><p> </p><p>Is getting a MS70 from the mint even possible or is it the luck of the draw? Is it worth even sending in a coin for a replacement unless there is something significantly wrong with it?</p><p> </p><p>I am new to this so please share your experience and knowledge.[/QUOTE]</p><p><br /></p>
[QUOTE="Westtexasbound, post: 1914568, member: 54086"]In terms of getting the best quality of product. Common sense would say day 1. I have realized that buying on day one with the HOF coins (first hour) didn't get my coins out quick and the dealers that bought in huge quanities had theirs delivered and graded and for sale first. This got me thinking that the mint has to sell to the dealers well in advance. I am new so this might already be common knowledge. On another thread I asked if a coin should be returned. I bought an AGE 1oz. Some posters said if I wanted perfection then buy a MS70 aftermarket from the dealers. Do the dealers order thousands of the proofs before the "common" man....inspect them...cherry pick....then send back in mass. For example if the item goes on sale on Day 1 do the dealers get to buy on lets say a week before and the mint sends out say 1,000. Then the dealers keep lets say 100 and send 900 back. Do essentially those 900 become what the "common" man gets ordering on day 1. If this is the case then it would seem better to order a few months in to allow the 900 in our example to get sent out and new coins to be produced and having a better shot at a perfect coin. D0 I even have a clue on this? Is getting a MS70 from the mint even possible or is it the luck of the draw? Is it worth even sending in a coin for a replacement unless there is something significantly wrong with it? I am new to this so please share your experience and knowledge.[/QUOTE]
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When is the best time to buy from the Mint?
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