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When is the best time to buy from the Mint?
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<p>[QUOTE="19Lyds, post: 1917126, member: 15929"]Big Dealers DO NOT get to return coins "in mass quantities".</p><p><br /></p><p>They can get away with it maybe once and on occasion, possibly twice but eventually they'll get a phone call from the US Mint wanting some explanations since they DO NOT support cherry picking regardless of how much business is done with them. Each returned coin requires some type of inspection. Inspections require man power and man power costs money.</p><p><br /></p><p>What dealers do do, is prescreen prior to submission and then sell the rest on the open market. Either to other dealers of individual customers.</p><p><br /></p><p>The HOF coins are probably the worst example that a new person could even consider since, unlike most US Mint Offerings, the HOF coin release came in conjunction with a large Coin Show (Just like the UHR) and many thousands were sold, submitted, and resold before some online orders were even processed.</p><p><br /></p><p>REAL TIME activity at this particular coin show simply boosted on line orders. A boost in online orders combined with inventory sell outs at a coin show is NEVER a good thing.</p><p><br /></p><p>Typically, the first day of release for an offering does not coincide with a large coin show but when they do, then sellouts usually always happen.</p><p><br /></p><p>The best time to order from the US Mint for popular items is on the day of release and at the time the market opens. You get what you get.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1917126, member: 15929"]Big Dealers DO NOT get to return coins "in mass quantities". They can get away with it maybe once and on occasion, possibly twice but eventually they'll get a phone call from the US Mint wanting some explanations since they DO NOT support cherry picking regardless of how much business is done with them. Each returned coin requires some type of inspection. Inspections require man power and man power costs money. What dealers do do, is prescreen prior to submission and then sell the rest on the open market. Either to other dealers of individual customers. The HOF coins are probably the worst example that a new person could even consider since, unlike most US Mint Offerings, the HOF coin release came in conjunction with a large Coin Show (Just like the UHR) and many thousands were sold, submitted, and resold before some online orders were even processed. REAL TIME activity at this particular coin show simply boosted on line orders. A boost in online orders combined with inventory sell outs at a coin show is NEVER a good thing. Typically, the first day of release for an offering does not coincide with a large coin show but when they do, then sellouts usually always happen. The best time to order from the US Mint for popular items is on the day of release and at the time the market opens. You get what you get.[/QUOTE]
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When is the best time to buy from the Mint?
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