Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
When is the best time to buy from the Mint?
>
Reply to Thread
Message:
<p>[QUOTE="cpm9ball, post: 1914632, member: 24633"]Well, you are right about one thing, Tex. You're totally wrong!</p><p><br /></p><p>Dealers do not receive any special privileges when it comes to ordering from the Mint. For special issues like commems, they are subjected to the same order limits like every other customer. Unfortunately, what some of them do is have their employees place separate max-limit orders on their personal accounts only to turn them over to the employer.</p><p><br /></p><p>For standard Mint issues like Mint Sets, Proof Sets, rolls and bags where there is no limit, dealers will usually have standing subscription orders, but this option is available to ALL customers, not just dealers. When ordering these sets, who in their right mind wants to sit at the computer or on the phone for any length of time when all they have to do is complete a subscription request and forget about it. I had the same subscription orders on file with the Mint for about 10 years and never had to change them. All I ever had to do was update my credit card expiration date.</p><p><br /></p><p>Where PF70's are concerned, you must realize that the proof process has been perfected to such an extent that 70's occur quite regularly. Dealers operate on the assumption that a reasonable proportion of their bulk submissions to the grading services will come back PF70UCAM. The rest will usually be PF69UCAM, but any that won't meet this minimum will usually come back ungraded.</p><p><br /></p><p>The only time I ever submitted proofs for grading was in 2005, and this was only because one of these silver proofs was a Mint Error. Anyway, of the 5 coins, two were PF70UCAM and three were PF69UCAM.</p><p><br /></p><p>The only bit of advice I can offer you, is that if you can't tell the difference between a 69 & a 70 (PF or UNC) then get the 69. You'll save a lot of money!</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="cpm9ball, post: 1914632, member: 24633"]Well, you are right about one thing, Tex. You're totally wrong! Dealers do not receive any special privileges when it comes to ordering from the Mint. For special issues like commems, they are subjected to the same order limits like every other customer. Unfortunately, what some of them do is have their employees place separate max-limit orders on their personal accounts only to turn them over to the employer. For standard Mint issues like Mint Sets, Proof Sets, rolls and bags where there is no limit, dealers will usually have standing subscription orders, but this option is available to ALL customers, not just dealers. When ordering these sets, who in their right mind wants to sit at the computer or on the phone for any length of time when all they have to do is complete a subscription request and forget about it. I had the same subscription orders on file with the Mint for about 10 years and never had to change them. All I ever had to do was update my credit card expiration date. Where PF70's are concerned, you must realize that the proof process has been perfected to such an extent that 70's occur quite regularly. Dealers operate on the assumption that a reasonable proportion of their bulk submissions to the grading services will come back PF70UCAM. The rest will usually be PF69UCAM, but any that won't meet this minimum will usually come back ungraded. The only time I ever submitted proofs for grading was in 2005, and this was only because one of these silver proofs was a Mint Error. Anyway, of the 5 coins, two were PF70UCAM and three were PF69UCAM. The only bit of advice I can offer you, is that if you can't tell the difference between a 69 & a 70 (PF or UNC) then get the 69. You'll save a lot of money! Chris[/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
>
When is the best time to buy from the Mint?
>
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...