Comments on: US Mint Expects Hot Springs 5 Oz Silver Coin Order Delays

By: Rob

Rob — Sat, 07 May 2011 17:39:04 +0000

Silver dropped almost $15, wonder if the mint will sell the coin for $75 less

By: Rob

Rob — Sat, 07 May 2011 17:35:30 +0000

Yellowstone comes out on 5-17. Should sell out faster since it’s the most popular of the bullion coins and hot springs was the least

By: Rob

Rob — Sat, 07 May 2011 17:31:56 +0000

Got email from mint saying my coin shipped on 5-6

By: Mr Greed

Mr Greed — Thu, 05 May 2011 20:22:48 +0000

Holy cow….Silver is at $34.50 and falling. Let’s see $34.50 x 5 = $172.50 in silver in my 5 oz Hot Springs coin i paid $279.95 +shipping.

By: Mr Greed

Mr Greed — Thu, 05 May 2011 16:29:28 +0000

Am i the only one to say it? When the 5oz Hot Springs went on sale Apr. 28 silver was almost @ $50.00 an ounce. Now a week later..”Still no sellout” and silver has fallen to $36.23 ounce. $279.95 a coin /by 5 is almost $56 an ounce not including Shipping, when silver is $36 an ounce. The Mint played this to perfection.

By: coinfun

coinfun — Tue, 03 May 2011 02:16:50 +0000

@Pocchange,

My order status is “In stock and reserved”. ALL coins will have to wait 1-2 weeks before shipping out.

Each person can only order ONE coin. So in order to make sure ONLY one of your orders went through, you should call them, and talk to a real person. They are all very friendly

By: Pocchange

Pocchange — Fri, 29 Apr 2011 15:17:57 +0000

After numerous attempts on my PC to get through all the steps for checkout, having already been logged in to my account. I started the process on my iPhone while not logged in and started/completed the checkout process as a guest, I was able to get an “order” to go through at 12:31 (EST) listing the product as “Backordered”. So I’m assuming some of the previous posters that say they had an order go through after this time, that they’re assuming this is a completed order or did they somehow get an outright order to some how process after the time my “order” did? I also find it a little stupid that my guest order whent through much easier than my already logged into the system known account did. But then again the Mint has acknowledged their ordering system is crap. I’m also interested to know if anyone’s order now shows anything other than “On Hold” like mine does. I had three orders process through yesterday and all showed this status. I did that because I wasn’t sure if one of the orders would be sooner than the other. So I cancelled the two which order numbers were higher, so that the mint didn’t think I was trying to get around the 1 per household limit. I wonder how many other peeps did this. The difference between my lowest order number and highest was over 20,000 and that was only 2 1/2 hours between the orders.

By: SDP

SDP — Fri, 29 Apr 2011 12:07:55 +0000

It’s a shame you didn’t get a set of the bullion. It was rather simple. I got 6 from the AP’s; 2 of them through buying online and the other 4 by simply calling them. I followed sites like this one to inform me of where and how to purchase a set.

I got my numismatic version at 12:46 after 46 minutes of trying. I was routinely booted off the site but secured one the old fashion way by calling them! I kept getting busy signals until I slipped in.

I’m also a bit tired of people who have sour grapes because they didn’t get something and all of a sudden want some sort of equal shot. Reminds me of little kids who now still get trophies in sports for coming in last place. Things in life aren’t handed to me. I go out, play hard by the rules, be proactive and get mine.

By: bubbah

bubbah — Thu, 28 Apr 2011 23:44:23 +0000

With a low mintage like this they couldn’t include this in the subscription. At least this way everyone has a shot at one. Lots of these are being sold on Ebay for a handsome profit. Some sellers have more than one. The mint should investigate those sellers. Coin dealers are trying to get people to buy these by paying them a small premium to buy them for them so that they can turn around and sell at a higher price to collectors who aren’t able to get them. I am hoping that they eventually have to buy on the open market like everyone else. It is interesting how the bullion coins have dropped in price since initial hysteria. It seems dealers got most of them and makes me wonder how many collectors of these there really are. As a collector, not having a chance to get the bullion coins at a reasonable price initially, I lost interest. It is nice that collectors have a chance to buy something with a lower mintage at a reasonable price. If the people that bought the bullion coins early on for high prices would have just bought reasonably priced bullion, they would have done better financially. Maybe people will learn not to overpay for stuff just because dealers are asking high prices. Collectors are the ones who ultimately set the prices. It is kind of fun when the mint has a limited product and everyone has a chance for it. 9 more 5 oz uncirculated coins to go this year. Hopefully people that didn’t get this one will have better luck next time. What would make an interesting policy is if buyers who didn’t get the first coin were offered first chance at the next one. It would make it harder to get a complete set, but everyone would have a chance to have at least 1 of the coins. I could see the mint increasing mintages of these in the future like they did with bullion coins.

By: A&L Futures

A&L Futures — Thu, 28 Apr 2011 20:48:55 +0000

As a frequent U.S. Mint buyer, I too was surprised by how quickly I was able to place my order. To alleviate this, maybe the U.S. Mint could include these coins into its subscription program thereby eliminating the routine “crash” of its system each time new (highly anticipated) coin(s) is/are released.