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ximmy
8th September 2016, 11:55 AM
Trying to get gold Standing Liberty.


EE, Did you have any problems?

EE_
8th September 2016, 12:01 PM
Trying to get gold Standing Liberty.


EE, Did you have any problems?

It threw me off a few times, but I prevailed after about 9 minutes

http://www.coinnews.net/wp-content/uploads/2016/08/2016-W-Standing-Liberty-Centennial-Gold-Quarter-510x276.jpg

mamboni
8th September 2016, 12:04 PM
How much per coin?

EE_
8th September 2016, 12:05 PM
How much per coin?

http://catalog.usmint.gov/standing-liberty-2016-centennial-gold-coin-16XC.html?cgid=product-schedule

Three coin set for 2016

http://www.coinweek.com/wp-content/uploads/2016/01/gold_classics-1.gif

ximmy
8th September 2016, 01:10 PM
Still nothing, I'm about to give up.

mamboni
8th September 2016, 01:33 PM
Still nothing, I'm about to give up.


sold out? only 100,000 mintage

madfranks
8th September 2016, 01:35 PM
Still nothing, I'm about to give up.Ximmy, the site is working now, and they are still taking orders!

BTW, even though the servers were very clearly overwhelmed, I managed to get my order in, took me exactly 14 minutes from noon (est). I wanted to get two, but they are limiting sales to one per household. I think this is because with the gold merc dime, they allowed 6 per household, and 90%+ of those sales were people buying six to resell.

EE_
8th September 2016, 01:41 PM
I think a lot of people are selling this too cheap on ebay at the moment. It may take a few weeks to see the real market value.
Probably many broke ass people are in a hurry to get their money back with a few bucks profit so they can buy groceries. The economy is sucking wind for a lot of people.
We shall see.

Hoping the coin sells out buy tonight. Last checked, looks like over 50k sold

Jewboo
8th September 2016, 01:43 PM
http://demandware.edgesuite.net/aarb_prd/on/demandware.static/-/Sites-usm-master-catalog-us/default/dwbca89a77/images/hi-res/coins/Gold-Coins/16xc_a.jpg


http://demandware.edgesuite.net/aarb_prd/on/demandware.static/-/Sites-usm-master-catalog-us/default/dw67636a1f/images/hi-res/coins/Gold-Coins/16xc_b.jpg
$485

EE_
8th September 2016, 04:24 PM
Customers compete for 2016-W Standing Liberty gold quarter dollars
Coin remains available hours after sales launch

By Paul Gilkes , Coin World
Published : 09/08/16

The second coin in the Mint's 2016 Centennial series, the Standing Liberty gold quarter dollar, remained available hours after the launch of sales at noon Eastern Time on Sept. 8, in stark contrast to the Winged Liberty Head gold dime, which sold out in less than an hour earlier this year.

As of 5:10 p.m. Sept. 8, the U.S. Mint had no sales figures available. However, a comparison of purchaser order numbers suggests that a bit more than half of the 100,000 2016-W Standing Liberty Centennial gold quarter dollars had sold by 5:30 p.m. Thursday.

The issue, restricted to a one-coin-per-household ordering limit, was offered at $485 per coin. Pricing is set according to the U.S. Mint’s established pricing grid.

A number of collectors reported to Coin World they had difficulty placing orders online over the Mint’s website, as they were kicked out or the web pages closed during an attempted order. Most of those who reported their experiences to Coin World spent 15 minutes or more trying to place their orders online before successful completion and confirmation the order was received.

Some Mint customers reported they were unsuccessful in attempts to place orders using the toll-free 800-872-6468 telephone ordering line, being greeted by repeated busy signals or being cut off, before switching to the Mint's website.

An order placed by telephone through the toll-free line operated by the Mint's contractor, PFSWeb in Plano, Texas, must be reinput into the online ordering system by an operator before the order can be processed.

Several months ago, after the Mint made some online enhancements, Mint customers had to update their accounts with new passwords and make sure their billable credit card was still active before being able to place an order.

When placing orders for the Standing Liberty gold quarter dollar, however, the checkout page allowed customers to do so as a “guest” without having previously opened an account with the Mint.

Gold quarter dollar

The 2016-W coin is a quarter-ounce .9999-fine gold version of the Standing Liberty .900-fine silver quarter dollar designed by sculptor Hermon A. MacNeil and first struck in 1916. The obverse design on the gold version is the Bare Breast subtype as introduced 100 years ago. MacNeil’s original design was changed twice in 1917, first issued as a slightly modified version of the 1916 design, and then again with chain mail added to cover Liberty’s exposed right breast and a repositioning of the eagle on the reverse.

The coin is produced at the West Point Mint with a circulation-strike finish. The coin exhibits a standard, wide-reed edge, with the number of reeds at 109, according to Mint officials.

The W Mint mark appears above and left of the 2 in the date, to the right of the star there. The M above and right of the 6 in the date, right of the star there, is sculptor MacNeil’s initial.

The West Point Mint received the required planchets from Leach Garner. The planchets are received with a proto-rim that is upset, or raised, to help restrain metal flow during striking.

Before the planchets are struck into coins, the planchets are subjected to five to 10 minutes of burnishing in Spaleck burnishing equipment. The planchets are tumbled in a proprietary solution of soap, water and a mild surfactant in a tub containing steel media. After the burnishing operation is complete and the solution removed, the burnished planchets are placed on edge into trays.

A press operator at the coinage press places one planchet at a time into the coining chamber, using tongs to hold the piece by its edge.

The planchets are struck twice on a Gräbener GMP 360 coin press exerting striking pressure of 65 to 68 tons per strike to bring up the design relief.

The dies are oriented on the coinage press to strike vertically, with the obverse as the upper, hammer, die, and the reverse as the lower, anvil, die. The edge, or collar, die imparts the standard wide reeding.

http://www.coinworld.com/news/us-coins/2016/09/collectors-compete-for-gold-standing-liberty-quarters.html#

ximmy
8th September 2016, 04:47 PM
I just tried again. The website is worse than ever. Before (in the past) it was just slow, now it simply does not work.

I've lost interest in the coin. Not going to try again.. US mint doesn't care anyway. They will sell them out.

Half Sense
8th September 2016, 05:10 PM
How much per coin?

Can't you read? It's a quarter dollar.

EE_
8th September 2016, 05:46 PM
I just tried again. The website is worse than ever. Before (in the past) it was just slow, now it simply does not work.

I've lost interest in the coin. Not going to try again.. US mint doesn't care anyway. They will sell them out.

I don't blame you, I'd quickly lose interest too with that much trouble. Sorry for your frustration.

cheka.
8th September 2016, 08:37 PM
what do you want with that future meltie anyway?




just teasing :cool:

madfranks
8th September 2016, 09:20 PM
I just tried again. The website is worse than ever. Before (in the past) it was just slow, now it simply does not work.

I've lost interest in the coin. Not going to try again.. US mint doesn't care anyway. They will sell them out.

PM me your credit card info and I'll get you one. I promise. :D

ximmy
9th September 2016, 11:25 AM
PM me your credit card info and I'll get you one. I promise. :D


I pm'ed you all the info you need. Thanks! :)

ximmy
9th September 2016, 11:27 AM
Actually I'm saving for an automatic gate opener so I think I'm going to pass on some PM buys. I did get 3 Morgans yesterday for 22 each.

Hitch
12th September 2016, 09:18 PM
Ximmy, I struck out as well on this coin. I was online, had my CC info, mailing address all ready to go. At 9 am exactly, I added the coin to my cart. I immediately clicked on check out. The website went to a crawl. I managed to get through it, after maybe 15 minutes, and clicked on place order. It seemed to go through after some thinking about it, but I was bumped back to the main website screen.

After that, the site wouldn't let me place an order. The coin is still in my cart. Big thumbs down for the US mint, frustrating. I really wanted to get this coin.

I then went off the grid up into the mountains. Came back today and looked, yup coin is still in my cart but can't complete the order. I look at this as the fish that got away...lol. At least my fly rod up in the mountains had some action.

ximmy
13th September 2016, 02:04 PM
Ximmy, I struck out as well on this coin. I was online, had my CC info, mailing address all ready to go. At 9 am exactly, I added the coin to my cart. I immediately clicked on check out. The website went to a crawl. I managed to get through it, after maybe 15 minutes, and clicked on place order. It seemed to go through after some thinking about it, but I was bumped back to the main website screen.

After that, the site wouldn't let me place an order. The coin is still in my cart. Big thumbs down for the US mint, frustrating. I really wanted to get this coin.

I then went off the grid up into the mountains. Came back today and looked, yup coin is still in my cart but can't complete the order. I look at this as the fish that got away...lol. At least my fly rod up in the mountains had some action.


essentially that' what happened to me.

madfranks
13th September 2016, 03:19 PM
I'll make sure to take a nice picture of my coin when it arrives later this week so you all can see what they look like. :)

Hitch
13th September 2016, 09:48 PM
I'll make sure to take a nice picture of my coin when it arrives later this week so you all can see what they look like. :)

Grrr...thanks a lot, franks. To add another slap in the face, I got an email from an online dealer I've purchased from before. Great news, get your standing liberty coin from us! I clicked on the link. Price? $785.

You bastards!

EE_
13th September 2016, 10:03 PM
Grrr...thanks a lot, franks. To add another slap in the face, I got an email from an online dealer I've purchased from before. Great news, get your standing liberty coin from us! I clicked on the link. Price? $785.

You bastards!

I don't get it, they are still available. Not good for early flippers.

2016-W Standing Liberty Centennial Gold Quarter: For Collectors, Not Flippers
September 12, 2016 By Louis Golino 2 Comments

On September 8, the U.S. Mint began accepting orders for the eagerly anticipated 2016-W Standing Liberty Centennial Gold Quarter, the second of three coins to mark the 100thanniversary of the very popular Liberty-themed coin series that began in 1916.

Unlike the previous coin in this trio, the 2016-W Winged Head Liberty Centennial Gold Dime that launched on April 21, the gold quarters had a household limit of one, and their mintage was set at a maximum of 100,000; the dimes had a household limit of ten and mintage limit of 125,000. In addition, the dimes had an issue price of $205, while the quarters cost $485.

Those changes were made in response to complaints from buyers who were unable to order gold dimes before they sold out 45 minutes into the first day of sales. Although dealers and individual buyers find ways to get around the household limits, a lower limit does tend to impact sales, usually by slowing them down, especially when a lower limit is combined with a higher mintage.

On the other hand, a lower mintage plus a lower household limit typically results in a quick sellout, such as with the 2015-W American Eagle Platinum Proof coin. And if coin sellers see high demand from collectors and the opportunity to profit, even a coin with a higher mintage like the 2016-W American Platinum Eagle Proof coin can sell out quickly.

Demand and Sale Projections

Prior to the launch of the gold quarter, there was a lot of speculation about how the combination of one piece per household and a mintage of 100,000 would impact demand, sales, and aftermarket potential for the coins.

Most people were unsure how long it would take for the coins to sell out, or even if it would achieve a sell-out. At one end of the debate, were suggestions from some coin news Web sites that the coins could sell out in hours or even minutes.

There were also those who did not expect a sellout at all. A good example is an analysis in the September 6 issue of Numismatic News by collector Robert Matitia, which argued that the coins would only achieve sales of about 65,000 by the end of the year, and, as happened with the 2014-W Kennedy Gold Half Dollars that were sold into 2015, sales would continue into 2017.

Mr. Matitia argued such sales trends would reflect the market for these tribute coins that he sees as limited since not everyone can afford gold coins that cost $500, and he did not expect dealers and flippers to purchase as many gold quarters as they did gold dimes. He anticipated initial sales of around 35,000 quarters, based on dealer calculations of demand, which reflects sales of the dimes that are readily available today from numerous companies.

As it turned out, sales on the first day the quarters were available (September 8) totaled 47,884, or 47.9% of the total mintage, assuming that all coins were actually struck*. It also appears most of those coins were sold in the first six hours, with sales slowing greatly after that. By September 11, sales reached 53,378 according to unofficial figures, representing an increase of about 10% over first day sales.

Secondary Market

With most eBay sales for these coins in the $580-620 range the first couple days the coins were available from the Mint, and prices expected to decline from there given the lack of a quick sellout (though there were some sales closer to $700, and at the low end at $535), there seems to be little opportunity for flippers to earn much of a profit.

Only dealers and others pre-selling coins graded 70 for $700-750 will see significant short-term profits.

And depending on the percentage of graded coins that receive the top grade of MS or SP-70, which I suspect will be quite high based on what happened with the gold dimes, I anticipate that before long top-graded examples will sell for only a small premium over issue price.

Much as happened with the Kennedy gold halves, sales of the gold quarters will probably slow considerably in the coming weeks, and there will likely be a good number of cancelled orders and returned coins, too.

It is also important to note that the pace of sales on the first day was at least initially slowed down considerably by widespread problems that were reported with the Mint’s Web site. Many buyers reported being unable to complete their orders during the first hour unless they kept trying repeatedly, but after the first hour the site worked smoothly.

Ian Russell, President of Great Collections, said: “I wouldn’t have gone with the 100,000 mintage, one per household — seems like a very high number. Look at the market for the gold dime released earlier this year (with a) 125,000 mintage, 10 per household, and we can buy them for around the issue price uncertified.** It will be very interesting to see if it sells out — I’m guessing no — but you never know.

“On the flip-side, the Mint produced just 25,000 total of the two (American Liberty) medals released a few weeks ago. With the attractive design, tie-in to the gold issue, low price point — clearly they could have sold multiples of the 25,000 mintage.”

Collectors who want the gold quarter to hold for the long-term clearly represent the main component of demand for these coins. And that is based on their overall positive view of this gold tribute and the high level of interest among collectors in Standing Liberty quarters, many of whom feel they need the gold version to complete their sets.

For example, some collectors felt the gold dimes did not faithfully represent the original 1916 design, because of the limitations of the digital and computerized processes used today compared to hand-tooling and plaster models that were used 100 years ago, as discussed in my April 15 Coin Update article. But early reaction to the appearance of the quarters (at least based on photographs and those who saw the coins displayed at coin shows) has been much more positive.

Hopefully, those impressions will be confirmed when coins begin to reach buyers in the coming days.

Plus, the Standing Liberty quarter is probably even more widely admired and collected than are Winged Head Liberty dimes, and the former coin has had an enormous impact on American numismatics, in part because the first year’s coins featured a bare-breasted version of Liberty, the only classic U.S. issue that has that motif.

Outlook

Whenever an important modern coin is released, analysts look to the trajectory of past issues to see if they can shed any light on what will happen with the new coin.

In this regard the comparison between the gold quarters and the 2015 Kennedy gold half dollar is useful but only up to a point.

Sales of the Kennedy gold halves were harmed by the sharp drop in gold prices in the months after their release, the perception that their mintage of 75,000 was too high, and the widespread view that there was little profit potential in ungraded coins. Moreover, the chaos and controversy surrounding coins purchased at the ANA summer show and other Mint locations so they could be sold with special coin show grading labels did not help.

Many dealers overbought the Kennedy gold coins and were forced to sell at a loss, especially if they went in big on show label coins that saw their value drop sharply. Dealers have told me that the incident resulted in the loss of many millions of dollars.

With the gold quarters, on the other hand, dealers seem to have better gauged how much demand exists for the coins, so that they don’t end up with excess inventory as happened with the gold dimes.

As for collectors, the rather high premium over melt of 46% (which resulted in an issue price $60 higher than the $5 Uncirculated commemoratives currently selling for $425) likely reduced the appeal of the coins for some buyers.

It is likely the Mint will increase the household limit for the quarters at some point in an effort to boost sales, but I doubt that will have much of an impact as the market trajectory of most coins is established early on. A large drop in gold prices is more likely to boost sales by lowering the price of the coin, though that seems unlikely given gold’s current bullish trend.

It is also likely the Mint will lower the mintage for the forthcoming 2016-W Waking Liberty Gold Centennial Half Dollar to something on the order of 60,000 based on both a higher price-point for this issue (which will approach $1,000) and the sales of the Standing Liberty quarters.

Looking forward, I doubt the gold quarters will drop to melt value as have many ungraded modern commemorative $5 gold coins, unless it takes a very long time for them to sellout, which would further depress retail prices.

From a marketing perspective, some combination of a slightly higher household limit of perhaps two or three coins and/or a lower mintage would have brought out more dealers and flippers and created a temporary pop in value, but the approach the Mint went with helped ensure that the playing field was more level.

These are without question coins intended to be enjoyed and held for the future. And they provide a useful lesson for modern coin collectors: namely, that there will always be a trade-off between giving more buyers a chance to purchase from the Mint and seeing your coins increase in value quickly. For the true collector, that is an easy choice.

*I contacted the Mint regarding whether all 100,000 gold quarters were struck in advance of the launch but did not receive a response. If the coins go into backorder status at some point, that will mean they were not all made in advance.

**Due in part to a likely bump in interest from the launch of the gold quarters, the most recent eBay sales of the gold dimes have been between $250-280, which a healthy premium over the $205 issue price. And prices for ungraded and 70-graded coins are now the same, at least on eBay, though dealer prices vary.

http://news.coinupdate.com/2016-w-standing-liberty-centennial-gold-quarter-for-collectors-not-flippers/

madfranks
16th September 2016, 07:37 AM
My coin was delivered yesterday:

https://s12.postimg.io/g43xndrq5/IMG_0071.jpg

https://s12.postimg.io/8pelv05ul/IMG_0073.jpg

The details are very fine; it truly is an exceptional work of art. I bet you all wish you had persevered and tried a little bit harder to try and get one.

BTW - somehow they're not sold out. I bet you could try right now and still get one: http://catalog.usmint.gov/standing-liberty-2016-centennial-gold-coin-16XC.html

monty
16th September 2016, 08:50 AM
My coin was delivered yesterday:

https://s12.postimg.io/g43xndrq5/IMG_0071.jpg

https://s12.postimg.io/8pelv05ul/IMG_0073.jpg

The details are very fine; it truly is an exceptional work of art. I bet you all wish you had persevered and tried a little bit harder to try and get one.

BTW - somehow they're not sold out. I bet you could try right now and still get one: http://catalog.usmint.gov/standing-liberty-2016-centennial-gold-coin-16XC.html


Thanks Madfranks. I tried twice before to order and had the same experience as Ximmy and Hitch. This time my order zipped through in about 3 minutes.

EE_
16th September 2016, 09:03 AM
Check your coin closely, some have been coming with damaged rims and bad secondary (inside bottom) rims. If it's not perfect, send it back.

Look here: https://forums.collectors.com/messageview.aspx?catid=26&threadid=969009&FTVAR_STKEYWORDFRM=&STARTPAGE=3&FTVAR_FORUMVIEWTMP=Linear

madfranks
16th September 2016, 09:56 AM
Check your coin closely, some have been coming with damaged rims and bad secondary (inside bottom) rims. If it's not perfect, send it back.

Look here: https://forums.collectors.com/messageview.aspx?catid=26&threadid=969009&FTVAR_STKEYWORDFRM=&STARTPAGE=3&FTVAR_FORUMVIEWTMP=Linear

So that would be considered a mint error, no? I looked closely at mine and it doesn't have the damage identified in your link.

One other thing I confirmed from your link, is that this gold SLQ is noticeably smaller than an an actual silver SLQ. It's a few mm smaller in diameter.

EE_
16th September 2016, 10:30 AM
So that would be considered a mint error, no? I looked closely at mine and it doesn't have the damage identified in your link.

One other thing I confirmed from your link, is that this gold SLQ is noticeably smaller than an an actual silver SLQ. It's a few mm smaller in diameter.

No, not an error, poor quality. If you remember the 2009 UHR double eagle, some came with high mirror surfaces (proof like) that commanded big bucks, like $25,000. Also, the 2008 W silver eagle w/reverse 2007. I managed to get 6 of them which I sold for close to $5,000.
Those are the kind of errors you want!

madfranks
16th September 2016, 11:55 AM
No, not an error, poor quality. If you remember the 2009 UHR double eagle, some came with high mirror surfaces (proof like) that commanded big bucks, like $25,000. Also, the 2008 W silver eagle w/reverse 2007. I managed to get 6 of them which I sold for close to $5,000.
Those are the kind of errors you want!Hmm, I still think it'd be an error, even though it would result in a damaged coin. For example, coins struck with a cracked die no doubt constitute a damaged coin, but they are legitimate errors. Grease filled dies or "struck through" coins also damage the finished coin but are errors as well. This off center/damaged rim may not look pretty, but if it came out of the mint that way, it's an error.

Hitch
16th September 2016, 05:09 PM
Well, my order seemed to go through! What I did, was try again with my firefox browser, no luck. I then went to IE, checked out as a guest, and my order was placed! My order number is USM04492626. Does this mean more than 4 million orders went through on a 100k mintage coin? If so, I'll likely not get one. The mint site is so damn confusing.

edit: just received an email that my order has been received and being processed, and a confirmation will be sent with in 24h.

edit edit: Received the confirmation email. I think it may get shipped. Ximmy, if you used firefox and still have issues ordering, try IE. That worked for me.

monty
16th September 2016, 06:00 PM
Well, my order seemed to go through! What I did, was try again with my firefox browser, no luck. I then went to IE, checked out as a guest, and my order was placed! My order number is USM04492626. Does this mean more than 4 million orders went through on a 100k mintage coin? If so, I'll likely not get one. The mint site is so damn confusing.

edit: just received an email that my order has been received and being processed, and a confirmation will be sent with in 24h.

edit edit: Received the confirmation email. I think it may get shipped. Ximmy, if you used firefox and still have issues ordering, try IE. That worked for me.


I tried twice using the safari browser, both times with failures. Today I ordered with the safari browser successfuly. I just checked the status of my order. It is "processing", no ship date given. I imagine the order number is for all coin orders for a certain time frame, not just these liberty quarter dollars. The mint wouldn't oversell by 4,400,000 coins. My order number is USM04477157.

ximmy
16th September 2016, 06:02 PM
Well, my order seemed to go through! What I did, was try again with my firefox browser, no luck. I then went to IE, checked out as a guest, and my order was placed! My order number is USM04492626. Does this mean more than 4 million orders went through on a 100k mintage coin? If so, I'll likely not get one. The mint site is so damn confusing.

edit: just received an email that my order has been received and being processed, and a confirmation will be sent with in 24h.

edit edit: Received the confirmation email. I think it may get shipped. Ximmy, if you used firefox and still have issues ordering, try IE. That worked for me.


Nein. I'm saving for an electric gate opener for my driveway. It's around a thousand or so. give or take.

Hitch
16th September 2016, 06:08 PM
Nein. I'm saving for an electric gate opener for my driveway. It's around a thousand or so. give or take.

Ja. Open the gate by hand, it's good exercise! Plus, an EMP will just wipe that gate opener out. Order the coin. :)

Hitch
16th September 2016, 06:15 PM
I tried twice using the safari browser, both times with failures. Today I ordered with the safari browser successfuly. I just checked the status of my order. It is "processing", no ship date given. I imagine the order number is for all coin orders for a certain time frame, not just these liberty quarter dollars. The mint wouldn't oversell by 4,400,000 coins. My order number is USM04477157.

Thanks, Monty. I'm pretty excited about this coin. Sure hope it ships..

madfranks
16th September 2016, 07:16 PM
Order the coin Ximmy!!

EE_
16th September 2016, 07:26 PM
Thanks, Monty. I'm pretty excited about this coin. Sure hope it ships..

Now your going to get stuck buying this one. Should be out in a couple months?

http://www.coinworld.com/news/us-coins/2016/09/west-point-begins-walking-liberty-gold-half-output.html

EE_
16th September 2016, 07:45 PM
Loop your coins guys, I'm seeing a more poor quality made coins. Send them back if you have one. If enough of these get scrapped, it could lower the # in circulation?

Mine should be here any day, fingers crossed.


Return Policy

If for any reason within 7 days of receiving your product you are dissatisfied with your purchase, you can return the entire product for refund. Shipping charges will not be refunded for all returns.

The United States Mint will not accept partial returns nor will it issue partial refunds. For example, if you receive a United States Mint Silver Proof Set™ where one coin is in unacceptable condition, you must return the entire Proof Set, not just the one coin, to receive a refund.

To return your product, you may visit your Order History and initiate a return online or Contact Customer Service.

For your protection, we strongly recommend that you return your order by insured mail and save the receipt for your records. The United States Mint is not responsible for lost return shipments.

All refunds will be credited in United States Dollars.

For further information about returns or refunds, Contact Customer Service.

If your order did not arrive or arrived with missing products, please fill out the attached CNR (Certificate of Non Receipt) document. We will review your claim and provide resolution. To view this file, download the Adobe reader here. Please send a completed form to the address or fax number below:

UNITED STATES MINT
CUSTOMER SERVICE CENTER
ATTN: CNR
1201 ELM ST
STE 400
DALLAS, TX 75270
Fax Number: 972-421-9801

EE_
16th September 2016, 07:56 PM
How to Ship Silver & Gold Safely

The the best and safest way to ship Gold & Silver Bullion is by using United States Postal Service’s Registered Mail.

Why Registered Mail?

USPS Registered Mail offers the pinnacle of both safety and insurance. In fact, you can get up to $25,000.00 of insurance per Registered Mail parcel.

With FedEx or UPS, they do not offer insurance for precious metals and unless you are a precious metals dealer with a 3rd party insurance policy, you’ll want to stick with USPS Registered Mail when mailing your gold and silver bullion.

Why is Registered Mail so effective?

Registered Mail uses a “Chain of Custody” process providing end-to-end security in locked containers.

Chain of Custody USPS Silver Gold Bullion ShipmentWhen a post office agent hands a Registered Mail parcel off to another agent, they literally sign off documenting transfer of custody. This legally documents a parcel’s custody transfer beginning with your shipping it… all the way to the adult signature required upon your parcel’s safe delivery.

In our combined decades of experience in the bullion industry, USPS Registered Mail is better than 99.99% effective.

Registered Mail is used by the diamond industry and for mailing U.S. government classified information of up to the 2nd-highest classification level.

Each USPS agent who takes custody of Registered Mail parcels is on the hook for it literally. If a Registered Mail parcel goes missing, a U.S. Post Master Inspector investigates and interrogates the chain of custody for the missing or damaged parcel. If a USPS agent is found to have committed Mail Fraud, they can lose their entire pension.

Thus your Registered Mail’s safe journey to its final destination is in the direct, mutual best interest of every Post Office employee who takes control and care for its delivery (as their retirement pension possibly hangs in the balance).

monty
20th September 2016, 05:43 PM
Thanks, Monty. I'm pretty excited about this coin. Sure hope it ships..


I just received notice from the mint my coin has shipped.

Hitch
20th September 2016, 06:40 PM
I just received notice from the mint my coin has shipped.

Good to hear. Mine got shipped today too. This afternoon I got the shipping notice email.

Yeehaw! :) Pretty excited about this. I thought after failing on day 1, I didn't have a chance at this coin. What's crazy is people are listing it for sale, in the unopened box, for $600 plus on ebay.

Hitch
20th September 2016, 07:24 PM
Now your going to get stuck buying this one. Should be out in a couple months?

http://www.coinworld.com/news/us-coins/2016/09/west-point-begins-walking-liberty-gold-half-output.html

I'll try to get that one too. :) I'm not a numismatic guy, but these coins seem worth the extra FRN's they are asking for them.

EE_
20th September 2016, 08:39 PM
I'll have mine in hand tomorrow

2016 Standing Liberty Gold Quarter Order Limits Ending
by MIKE UNSER on SEPTEMBER 20, 2016 · 5 COMMENTS

Sales of the 2016 Standing Liberty Gold Quarter are at 54,876 coins. Its pricing will stay at $485.00 until at least Sept. 28.
Ordering restrictions for the 2016-W Standing Liberty Centennial Gold Coin will be lifted Wednesday, Sept. 21, the United States Mint said today in an email notice to news editors.

The .9999 fine 24-karat gold quarter has two maximums now — a 100,000 mintage and 1-coin for each household. The top limit will remain but collectors and dealers tomorrow will be able to order as many as they want.
http://www.coinnews.net/2016/09/20/2016-standing-liberty-gold-quarter-order-limits-ending/

madfranks
21st September 2016, 10:26 AM
I'll have mine in hand tomorrow

2016 Standing Liberty Gold Quarter Order Limits Ending
by MIKE UNSER on SEPTEMBER 20, 2016 · 5 COMMENTS

Sales of the 2016 Standing Liberty Gold Quarter are at 54,876 coins. Its pricing will stay at $485.00 until at least Sept. 28.
Ordering restrictions for the 2016-W Standing Liberty Centennial Gold Coin will be lifted Wednesday, Sept. 21, the United States Mint said today in an email notice to news editors.

The .9999 fine 24-karat gold quarter has two maximums now — a 100,000 mintage and 1-coin for each household. The top limit will remain but collectors and dealers tomorrow will be able to order as many as they want.
http://www.coinnews.net/2016/09/20/2016-standing-liberty-gold-quarter-order-limits-ending/

This is so weird! After the gold merc dime sold out within minutes and second hand dealers were selling coins for over double list price, the second coin in the series comes out and they don't even sell out?

ximmy
21st September 2016, 11:17 AM
This is so weird! After the gold merc dime sold out within minutes and second hand dealers were selling coins for over double list price, the second coin in the series comes out and they don't even sell out?

f
Yeah, Kind o glad I didn't get it...

EE_
21st September 2016, 05:21 PM
Looks like a good one. Pics are so so

madfranks
21st September 2016, 09:40 PM
I'm glad you got one! Did Ximmy ever give in and order hers?

Hitch
26th September 2016, 04:02 PM
Got mine in today! Wow, what a beautiful coin! I don't have pics to share but like EE, I got a good one. Looked it over really good, and from the naked eye, not an error can be seen, obverse, reverse, or the reeded edges. Looks absolutely perfect.

These coins are still available it seems. I've very tempted to get another one. With a low mintage, and such a stunning coin, I don't see how you can go wrong with this purchase. It's one of the most beautiful gold coins I've seen, my opinion.

Monty, did you get your coin?

monty
27th September 2016, 06:13 AM
Got mine in today! Wow, what a beautiful coin! I don't have pics to share but like EE, I got a good one. Looked it over really good, and from the naked eye, not an error can be seen, obverse, reverse, or the reeded edges. Looks absolutely perfect.

These coins are still available it seems. I've very tempted to get another one. With a low mintage, and such a stunning coin, I don't see how you can go wrong with this purchase. It's one of the most beautiful gold coins I've seen, my opinion.

Monty, did you get your coin?

Yes I did. I will post a couple of photos later.

Neuro
27th September 2016, 06:48 AM
This is so weird! After the gold merc dime sold out within minutes and second hand dealers were selling coins for over double list price, the second coin in the series comes out and they don't even sell out?

People started realizing paying hundreds of dollars for dimes and quarters isn't a very good deal...

Joshua01
27th September 2016, 07:31 AM
People started realizing paying hundreds of dollars for dimes and quarters isn't a very good deal...

BINGO! I thought that with the dime and continue to think that as they release more of these overpriced nuggets

madfranks
27th September 2016, 08:21 AM
BINGO! I thought that with the dime and continue to think that as they release more of these overpriced nuggets

I can tell you're not a coin collector. To collectors, these gold editions capped at 100k mintage are worth collecting. They're not bullion coins.

Joshua01
27th September 2016, 08:33 AM
I can tell you're not a coin collector. To collectors, these gold editions capped at 100k mintage are worth collecting. They're not bullion coins.

This is true MF but the higher premiums don't guarantee growth in value. I'm not a speculator, as you suggest but my opinion is just that, an opinion and I don't suggest that everyone thinks like I do

Hitch
27th September 2016, 08:47 AM
As of yesterday, over 75,000 coins have been sold (mintage limit 100,000). Likely this coin will sell out soon with the limit removed. You can still get them now though, one of the most beautiful coins ever minted by the US mint, imo.

http://www.coinworld.com/news/us-coins/2016/09/lifting-gold-quarter-ordering-limits-boosts-sales.html

madfranks
27th September 2016, 10:07 AM
This is true MF but the higher premiums don't guarantee growth in value.

I know growth in value isn't guaranteed, but really for me it's not an investment anyway. I want the set just as a piece of my collection. Down the road I suspect they will eventually be worth more though. Consider for example in 2009 the High Relief Double Eagle 1 oz gold retailed from the US Mint for like $900, today 7 years later they're worth over 2 grand. These have pretty low mintages, so I bet 5-10 years from now they'll be selling for double the cost today.

Joshua01
27th September 2016, 10:09 AM
I know growth in value isn't guaranteed, but really for me it's not an investment anyway. I want the set just as a piece of my collection. Down the road I suspect they will eventually be worth more though. Consider for example in 2009 the High Relief Double Eagle 1 oz gold retailed from the US Mint for like $900, today 7 years later they're worth over 2 grand. These have pretty low mintages, so I bet 5-10 years from now they'll be selling for double the cost today.

All great reasons to invest in them.

madfranks
27th September 2016, 11:06 AM
All great reasons to invest in them.

It's kind of a bonus when what you like to collect has a good chance of increasing in value over time. This is why I don't collect Pokemon cards.

ximmy
27th September 2016, 11:24 AM
Seeing that coins are still left for purchase... I'm speculating that this coin will not be a high dollar collectible.

you win some, you lose some.

Neuro
27th September 2016, 11:56 AM
Seeing that coins are still left for purchase... I'm speculating that this coin will not be a high dollar collectible.

you win some, you lose some.

Could it be that coin collectors are strapped for cash? $480 is quite a lot of money, for most people...

EE_
27th September 2016, 12:22 PM
Could it be that coin collectors are strapped for cash? $480 is quite a lot of money, for most people...

Depends who you talk to. Trump says the country is hurting, Hillary says everything is hunky-dory in the country.

Neuro
27th September 2016, 12:28 PM
Depends who you talk to. Trump says the country is hurting, Hillary says everything is hunky-dory in the country.

I bet neither bought this coin.

madfranks
27th September 2016, 12:36 PM
Seeing that coins are still left for purchase... I'm speculating that this coin will not be a high dollar collectible.

you win some, you lose some.

True enough. I bought some of the Liberty series gold first spouse coins back in '08 and '09 (the Jackson, van buren), with mintages around 4000 (yes, total 4000 coins total minted). They still sell for barely more than spot.

EE_
27th September 2016, 12:40 PM
Seeing that coins are still left for purchase... I'm speculating that this coin will not be a high dollar collectible.

you win some, you lose some.

I've had many winners from the US Mint, I agree, this one is not one of them. Maybe the third in the set will have a lower mintage and be the best of the three, creating interest in owning them all?

Hitch
27th September 2016, 03:50 PM
I've had many winners from the US Mint, I agree, this one is not one of them. Maybe the third in the set will have a lower mintage and be the best of the three, creating interest in owning them all?

I'm going to take a guess and think a lot of would be buyers are "on hold" because of the election, possible October surprise, etc.

Let's look at the 2009 UHR which was a huge hit. Those didn't have a mint limit, just one per household, as many as the public wanted. They were minted all the way up to Dec 31, 2009. During that time, the total minted was around 115,000 coins total. Despite the unlimited number, anyone who wanted one got one..and it still was a big numismatic success.

The SLQ gold coin, is only going to be made this year, 2016. Plus, it's capped at 100,000 coins. Plus Plus, it's a stunning coin. Even if they don't reach a 100k coins, it's still one of a kind and based upon a design that's stated to be the most beautiful silver coins the mint ever came out with, all the way back to 1916.

Keep up the faith, EE. Besides, it's still gold, which could shoot through the roof. I doubt this coin will ever be worth less that the $485 we spent on it. So, I say it's a you win some, and you hold your value with some as well.

edit: APMEX is selling these coins for $600 right now, even though you can buy one from the mint for $485. What does THAT tell you? Insane..

http://www.apmex.com/product/95500/2016-w-1-4-oz-gold-standing-liberty-quarter-centennial-w-ogp?id=PLA&id=PLA&gclid=CMyb0e7FsM8CFUlNfgodB-IHIg

This coin to the moon!!

ximmy
27th September 2016, 04:03 PM
I've had many winners from the US Mint, I agree, this one is not one of them. Maybe the third in the set will have a lower mintage and be the best of the three, creating interest in owning them all?

I thought my curved gold baseball coins would be doing better...

madfranks
27th September 2016, 07:56 PM
I thought my curved gold baseball coins would be doing better...

You bought the curved baseball coins? Come on, you should have known that numismatic collectors and sports collectors really don't mix.

ximmy
27th September 2016, 08:17 PM
You bought the curved baseball coins? Come on, you should have known that numismatic collectors and sports collectors really don't mix.

:(

Oh I'm just a girl, what's my destiny?
What I've succumbed to
Is making me numb
Oh I'm just a girl, my apologies


https://www.youtube.com/watch?v=PHzOOQfhPFg

monty
27th September 2016, 08:28 PM
My standing liberty quarter

https://s19.postimg.org/57u4rmi1v/image.jpg

https://s19.postimg.org/t5bsqkgrn/image.jpg

Joshua01
28th September 2016, 05:30 AM
edit: APMEX is selling these coins for $600 right now, even though you can buy one from the mint for $485. What does THAT tell you? Insane..

http://www.apmex.com/product/95500/2016-w-1-4-oz-gold-standing-liberty-quarter-centennial-w-ogp?id=PLA&id=PLA&gclid=CMyb0e7FsM8CFUlNfgodB-IHIg

This coin to the moon!!

It tells me people are fucking stupid