gmarguli

Damn, now what am I going to sell on Etsy?

I think we could come up with pretty good estimates of demand for a lot of the coins. This is especially true if they were honest with themselves. Commemoratives that appeal to white men (50K), to all Americans (100K), to the woke (10K), or that feature women/women's subjects (12.5K). Or perhaps the mintage could be set at 2X or 3X the amount sold to dealers through their bulk program? Or perhaps the Mint set a number and after a month the remaining mintage gets sold to the bulk dealers. Require these dealers to buy the remaining coins or get kicked out of the program? I question how much of a relationship there is between NCLT and "classic" coin collectors. I don't know too many collectors that collect new stuff from the Mint that also spend significant money on classic coins. Usually they stick to cheaper classic coins.

The Mint is in a bad position. Basically a no-win position. A) Mint manufactures to demand (no limit): Aftermarket price will fall below initial sale price. We see this all the time with most of their products that have no mintage limit. Buyers will wonder why they bother purchasing from the Mint and many will wait to buy from resellers. B) Mint manufactures to low limit (75,000 V75 SAE): Everyone suddenly wants one. Aftermarket price goes up. People who didn't get one from Mint complain it's a rigged system. C) Mint manufactures to high limit (350,000 for commems): No aura of scarcity and few people will buy. Aftermarket price stays somewhat close to issue price. What they need to do is something they probably never will. They need to set a mintage limit slightly below demand so that the aftermarket holds up, but doesn't dramatically jump in value.

Regretful Biden supporters who finally realized what they have done? Seriously, since using US coins for advertising purposes is against the law, probably no one officially related to the Trump campaign.

Gee, I wonder what would have happened if the US Mint had offered $1 more per blank? Think that they would have been able to buy hundreds of thousands more as they outbid the other buyers? And then they could have easily passed that extra $1 in cost off to the customer? Come on, we all know that they intentionally under-produced these to create demand.

No.

If you can't tell the difference based on the coin, intent is meaningless. It's either market acceptable or it's not.

This is a wonderful fix. Before people would spend 30 minutes trying to get an item that was going to sell out and leave frustrated that they didn't get it. Now people will only need to spend 3 minutes trying to get a item that will sell out before they can leave frustrated that they didn't get it.

Have you submitted any modern coins to the TPG? I get 70s all the time when submitting a single example. Given the loosened grading standards for a 70 and the near perfect quality coming from the Mints, a significant portion of coins will grade 70, regardless of whether you submit 1 or 1,000.

1) The "average joe" had every chance to buy this coin. Do you think the dealers had some special way to grab all the coins? 2) Pre-sale of MS70 is not unusual. Look at the grade distribution of recent issues. Somewhere between 40%-60% will grade 70. Anyone with a small quantity of them could safely pre-sell 70s. 3) If you think that dealers get the 70s when others get 69s, I suspect you haven't submitted many moderns. Order 100 Christa McAuliffe or Law Enforcement commems and submit them bulk to either NGC or PCGS and I bet at least 40 of them come back 70.

Counterfeit.

No idea, but here is a Coin World article where it is discussed.

It's on the Mint's website: In addition, the Morgan and Peace Dollars will be included in the Mint’s recently launched Authorized Bulk Purchase Program. This new program is structured to better meet marketplace product availability on the initial on sale date by expanding the distribution of Mint products. No more than 10% of products with limited quantities will be distributed under this program. And that's a setting on eBay. As a seller you can set it to list the actual quantity (12 of 50 left) or no mention of how many left (12 sold). However, you can easily find out how many they have. in the order box, just type in a number. Put 50 and if they have 50, it's OK. If they have less, it should say enter a smaller quantity.

And how many actually get removed? I reported numerous counterfeits in the Medieval coin section and not a single one was removed. Sad thing is that some sellers have a bunch of feedback saying the coins were counterfeit, but eBay does nothing.

Nope. Supposedly the Mint ordered enough blanks for 175K of each Morgan and 200K of the Peace. Also, the Mint advertising stated mintage limit of 175K on these Morgans. This is all we're getting this year. 10% of the mintage is provided to dealers. Now figure 17,500 coins divided up by hundreds of dealers and none likely received a giant allocation of them. Just not true. Lots of individual collectors have posted as getting them. FYI, I got a V75 GOLD. Then I went back and got a V75 silver. Then I got the next gold coin that sold out (I don't even remember what it was it was that meaningful). And yesterday I got the CC version. Just me sitting at a desktop computer, hitting refresh every now and again. It's pure luck. No bots, no conspiracies, just luck.

Awesome. Can't wait for the other varieties: Westpoint Privy Mark (I don't care that these mints didn't strike Morgan/Peace dollars. We need sales!!) Charlotte Privy Mark Dahlogena Privy Mark Philadelphia Privy Mark (collect both with and without the P versions!) Manila Privy Mark Colorized version (the eagle side, otherwise it'd be racist) Reimaged versions with gender/race neutral profile pics Reimaged versions without the eagle, because the eagle is a racist symbol (if I had to explain this to you, you wouldn't understand... you're canceled) Curved versions of all the above Gold/Platinum/Palladium versions of all the above. Proof versions of all Reverse proof versions of all Matte proof versions of all

Fall below the issue price? Now that is crazy talk. Other than practically every product it sells, when was the last time a US Mint product fell below its issue price? I expect these will hold up a little better than average. Look at the Buffalo dollar. It still sells for a premium and there are a lot more Morgan collectors than Buffalo collectors.

1884-Zs-Js Mexico 8 Reales. Minted in Zacatecas. Looks ~AU condition, but possibly cleaned. Common coin worth maybe $50 retail.

If you pay with PayPal, you have 180 days to open a dispute. Some credit cards will let you open a dispute within one year of purchase.

90% of the people who bought them yesterday had no interest, but they are very happy and have more money today as the coins are currently selling for $200+.

I was able to add the "CC" to my cart on the first try just as they went on sale. Got one error message when trying to check out. However, the next refresh showed my order had gone through! I then tried for the "O" mint and spent about 20 minutes trying to add it to my cart before I saw the message that they were sold out.

Shouldn't the collector just give up at this point and start to collect something else - perhaps rocks? At some point needing further reassurance just means you're a p***y! And why stop at a CAC opinion? Let's start a service that gives an opinion on CAC stickered coins. And again and again. We can provide a dozen or two opinions on a coin so the frightened collectors can have a ton of reassurance without ever needing to learn anything, because god forbid they learn anything about grading the item they are spending their hard earned money on. Do YOU know who made the brakes on your car? No, but I suspect you believe the car company hired competent people and you have faith that your breaks are going to work. What does it say when a person has blind faith that their 3000 pound car will stop without killing them, but they need a third opinion before buying a trinket for their hobby. Actually, no. The idea that CAC will fight so-called gradeflation is completely a marketing ploy. If we take a solid MS65 graded today and CAC likes it, they give it a sticker. However, if the TPG alter their grading standards and now that coin is considered a solid MS66, CAC will still sticker it. If they don't change their standards along with the TPG, they will be out of business. CAC must adjust to the TPG, not the other way around. In the CAC/TPG relationship, CAC is the leach. But A & B get a green sticker. How will buyers know if it is an A or B? The horror!! Shouldn't A coins get a better sticker? Perhaps a blue leach?

Others have questioned the likelihood of someone having 2,000 coins that would benefit from grading. While this is unlikely, it is not impossible. NGC Bulk: They want the same type coin, so 100+ Morgan Dollars. They allow a mixture of dates/mints. Posted prices start as low as $5. If less than 50% of the coins meet the minimum grade, a fee is charged. PCGS Bulk: A minimum of 100+ coins, with a maximum of 5 different dates, mint marks, denominations, or varieties. Posted price is $14 for each coin that grades, $2 for each coin that does not meet the minimum grade. If you have a wide variety of coins with a bunch of repetition, I'd suggest contacting Scott Heller or Miles Standish who handle the bulk program at NGC and see what they can offer. Be prepare to know what you have, how many, their value, etc.

Look buddy, it's 800* 1200 bucks. Do you want it or not? *Oops, my bad. Didn't see it was a newbie asking.

Sellers only get dinged if they ship the package outside their stated handling time. I say 2 days handling time with a cutoff at 11 AM. So if you pay at 9 AM on Monday, I have to show that the package was mailed by end of day Wednesday. Doesn't matter is the package takes one day or one month to arrive to the buyer as long as tracking shows that I shipped within my stated handling time. There is no "on time" delivery for the package. Outside of Express Mail, it's all an estimate. eBay is just updating their estimated delivery date. I'd be more upset if they kept the estimated delivery date knowing it was wrong rather than update it to a more likely delivery date. Would it make you feel better knowing the package should have been delivered 5 days ago or that based on its current location it'll be delivered in 2 days?