Collectors still peeved at U.S. Mint over gold dime sales
?As I write this editorial on May 12 it has been three weeks to the day since the U.S. Mint offered and “sold out” of its 2016 Winged Liberty Head gold dime, and yet, I continue to receive daily email, phone calls and traditional letters from collectors upset with the U.S. Mint and dealers over how sales unfolded in a period of 20 to 40 minutes.
Meanwhile, as we now know, the program is not sold out. More than 6,200 of the dimes remain unsold because of credit card declines, order cancellations, and returns from buyers (some being returned because of damage to the packaging or coins, and others because of imperfections that might result in a grade that is unacceptable to the customer). Mint officials have said that at least some of the unsold dimes will be offered again but we are still waiting on details of how and when those coins will be sold.
A Mint spokesman said May 12 that the remaining dimes likely would not be offered until order reconciliation is complete. He could not say how long that might take, so collectors are left wondering whether it be a matter of days or weeks or even months. And when sales resume, how much advance notice will collectors receive.
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