We had preordered the Philadelphia Morgan coins back in May and they haven’t shipped out yet, but prices are looking JUICY on them… so JUICY that I think the USMINT decided to drop the household limit from 10 to 3. Now I’m hearing these won’t be as popular as the last ones, but it should still be a profitable.
Remember, you’re pre-ordering the coins now, but they won’t ship until October. The good thing is that they won’t charge until it ships (you’ll see a preauthorization but it should drop off.) You can cancel your order if the market tanks, but I don’t see forsee that happening.
I’m also not going to quote you something like +$20 over per coin because then half of you will back out when the market is +$100 per coin in October. I suggest you just order it first and then come late September, I’ll put out a competitive price for you to lock in the sale. As we say in Slack ‘BUY FIRST, THINK LATER!’
Morgan Silver with (D) Mint Mark
Morgan Silver with (S) Mint Mark
Please try to buy 3 of each coin IN ONE ORDER. Like I said, I think you’ll make at least $100 on the 6 coins.
8/2 UPDATE – The current lock in price is +$30 per coin, so $180 for all 6 coins, but I DON’T RECOMMEND you lock in a price now. Trust the process and just WAIT.
So much for Buy Now Think Later, huh? A lot of people were waiting for your offer and because you weren’t up front we missed out on locking in with an actually reliable buyer waiting for your offer on your advice to not lock in with anyone. Lesson learned, I will be sticking to reliable buyers from now on.
Okay Monday morning quarterback. Do you want to predict the stock market while you’re at it too?
My order status changed to processing as well.
My order changed this morning, from “backordered” to “processing”. My credit card was also charged the $514.95 this morning.
Hello, I was wondering when you would be putting out your competitive offer, as you said it would be in late September? I’d like to lock in with someone soon, but was waiting for your offer. Any ETA when it will be? Thanks.
Won’t have one until they ship
Hi Vinh, just checking in since this is still in BACKORDER – is your Buyer still interested?
Follow-up Question: If Buyer is still purchasing, is there a form we need to fill out to lock-in?
Thanks for the post!
Hi it says “8/2 UPDATE – The current lock in price is +$30 per coin, so $180 for all 6 coins, but I DON’T RECOMMEND you lock in a price now. Trust the process and just WAIT.”
Would you be offering new lock in price closer when it comes to the shipping date?
Correct I will make a new post right before they ship
Hi Vinh should we email you the confirmation email now or wait until they actually ship?
Wait till they ship
10 minutes in and both coins are still available.
Thats not a surprise with how dysfunctional the website is. They’ll still sell for a good premium.
Hi Vinh, just wondering, if we were to decide to lock-in now for $180, is it the same process as that of the most recent opportunity? (i.e., email the order confirmation email, wait for the coins to be in hand, request the shipping labels, ship, and receive the echeck) Thanks in advance.
It would be, but others are paying a higher locked in price, so I don’t suggest you lock in with me or anyone.
Thanks for the advice and for the reply Vinh.
Hey,
To clarify, you want all 6 coins in one order, correct? Or do you want 2 orders, 3 (all same mint) coins in each order?
ONE ORDER is preferable
Just wondering if there’s a chance you may pass on any of these if the market (however unlikely) is looking pretty dismal for these?
No because the current locked in offer is over $100 per coin. Plus if market is dismal, you can cancel before they ship
$100 per one coin or per one set of 3 coins? I’m buying either way, I’m just curious to see what the market is looking like behind the scenes.
PER COIN. Not +100 over but $100 all in per coin, so that’s something like +$20 over per coin.
Should the priority be the Denver or the San Francisco coins?
My buyer prefers you get all 6 in one order to save on shipping
Sweet thanks for the notice
Unless I am mistaken, the coins sold on 5/24 were ‘O’ and ‘CC’. Those has the privy mark whereas next week’s make no mention of this. Does the privy mark increase the demand / value?
I’m not sure; my buyers just told me they are buying. Won’t be as good as the last Morgans, but should still be profitable.
Hi, a general question for all the US Mint deals you post. I have a USPS Military address overseas, and i know that US Mint ships to APO addresses because i’ve made many purchases in the past, but can i participate in these deals with you even though there might be differences in shipping times?
It depends. How long would it take for you to get the item? And the prepaid labels are only with FEDEX and UPS, so I think you’ll have problems shipping it back. I suggest maybe using a family member’s address instead.