Update 7/12/22 Coins are beginning to ship out. The form to request a label is linked below. Make sure you wait until you have coins IN HAND before requesting a label. Please ship out the coins promptly. If you can not ship it out promptly, send me an email to discuss. Thanks.
Update 7/22/22 Folks with multiple coins where 1 coin has arrived and 2nd one is outstanding – just wait for the 2nd one to arrive. Not everyone’s coins have shipped so you have time to wait. I’ll update again when you need to get everything on the truck.
Update 7/27/22 Mint sent out emails today that some orders are delayed until August 22. If you have coins in hand already or have coins arriving soon, then go ahead and send all those in now. Don’t wait until Aug 22 to send those in hand coins in. As of now, DON’T CANCEL any August 22 shipments.
Update 9/5/22 It seems 99% of coins have been delivered. If you have a coin in hand, please ship it out by Sunday 9/11. If you have a coin that is still in processing, please send me an email so we can discuss. coinsperday@gmail.com
Update 9/13/22 Shipping label form is closed now.
On Thursday, there’s going to be a MINT coin opportunity. Please read this post fully.
- National Purple Heart Hall of Honor 2022 Colorized Silver Dollar (cost $95+$5 ship = $100)
The coin won’t ship until July 14, 2022 and the MINT won’t charge you until it ships, so it’s sort of a pre-order. Because the coin won’t ship immediately, this complicates things a bit so keep reading.
If you want to lock in a price now with the buyer, he will pay you $125 and provide insured label. That means you will make a $25 profit per coin.
Update – Apparently not clear enough. You do NOT need to reserve or lock in BEFORE the coin drop. You lock in the price AFTER you have successfully bought the coin.
The market price MAY go higher before the July ship date or maybe my buyer wants more allocation and will raise the price to for example $150. If you hadn’t locked in before, you can then choose to lock in at $150 then. If you already locked in at $125, then too bad – you’ll still be paid out at $125. Conversely, if the market price tanks to say $110 and you’re locked in at $125, then you’ll be paid out at $125.
NO ONE KNOWS HOW THE COIN MARKET will play out. Just look at last year’s Peace and Morgan coins falling off a cliff after the inital lockin price. So it’s a gamble. Do you want to gamble on the coin market or do you want to lock in at $125? THAT’S UP TO YOU!
If you lock in the $125 price and don’t deliver the coins to the buyer, you will be blacklisted from selling any future coins to my buyers, so yeah, you may make an extra $50 on this coin but you’ll be back to PFS rates on the gold coins. The only exception to this is if you can provide proof that the USMINT cancelled your order.
If you want to get cute and grade the coin yourself, you can read about my experience here. Spoiler – it sucks.
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Reservations
There is no need to reserve a spot before the drop.
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Thursday, after purchasing the coins
If you decide to lock in the $125 price,
- Fill in this form (This form will stay open for at least 12 hours after the drop. After that time has passed, if this form is closed, that means we are not taking any more locked in coins at $125.)
- Forward your US Mint order confirmation (wait for the 2nd one that is the ORDER CONFIRMATION and not just ORDER RECEIVED) to coinsperday@gmail.com. Please don’t expect a confirmation reply to the email.
If you’ve done the 2 steps, then you’re locked in.
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Shipping label request form once coins IN HAND
DO NOT OPEN THE BOX when it arrives. It should come in a plain brown box from USPS with from label MEMPHIS, TN. If you bought multiple coins, you can check the tracking to know which coin is which. You can combine multiple coins into A BIGGER OUTER BOX and request 1 label. DO NOT OPEN THE MINT BOXES!
When you have coins in hand, request a shipping label here
Labels are created in a batch once a day. If you miss the cutoff, you’ll get the label the next business day.
Coin dropoffs
You can then drop off the coins but MAKE SURE YOU GET A DROPOFF RECEIPT. DO NOT HAND IT TO A RANDOM DRIVER! Keep this receipt until you get paid.
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Payment
When the coins get delivered, an electronic check will be emailed to you within 3-4 business days (takes time to open and process.) Please check your spam folder for an email from Onlinecheckwriter, especially if you have Hotmail/Outlook.
Finally! My orders are marked as SHIPPED and I’ve got tracking numbers.
Well that’s a first! Just received notice from the Mint that my order was canceled. Anyone else receiving similar emails?
Someone else got the same issue. Either it was OOS or maybe your card failed.
Sorry Vinh, that cancelled my order. Urgh
What do you mean? What cancelled the order? Fwd the cancellation to me
My card was charged so I hope the coin ships soon.
Received Zelle payment the same day the coin was delivered to the buyer. Kudos!!
On the coin forums, many are reporting that they received an e-mail today that their order will not ship until Aug 20-22. Has anyone else gotten these notices?
Word on the forums, is that the Mint is playing games and will ship out returned coins to buyers in later August – in other words, those coins that are rejected by buyers because they won’t grade at 70 are being returned to the Mint.
I got emails today saying something similar.
“ We are working hard to fulfill your order, but are experiencing delays. We expect to ship your order by August 22.”
“The market price MAY go higher before the July ship date or maybe my buyer wants more allocation and will raise the price to for example $150. If you hadn’t locked in before, you can then choose to lock in at $150 then”
How the market?
On eBay, unopened sealed boxes are going for $180-220.
First Day of Issue (FDOI) graded 69 coins are going for: $300+
FDOI graded 70 coins are going for $425.
Is your buyer needing more coins??