Ultra High Relief is back up After Suspension

So the Ultra High Relief Double Eagle gold coin(say that three times fast) is back up for sale from the mint and $50 more expensive than it was yesterday. The new price is $1239

The site says: Product will be available for shipping 02/13/2009

I think that this date is highly unlikely especially taking into consideration that most orders were pushed back just Tuesday.

Whats your opinions on this. Is it really necessary for the mint to suspend sales for nearly a day to adjust prices every time(as this could potentially be happening every week from now on)

What are your thoughts on all of this?

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Permalink Reply by John W on January 29, 2009 at 8:21am

Seems both counterproductive and also fairly backward by the Mint. I would think that, if you had your stuff together, you would just change a given box from price (1) to price (2) and everything priced off that box would update in 1 second....no?

Having said that, ridiculing the Mint and their process/policy is too easy. As my grandmother used to say "it's so easy to be critical." I would much rather read about coins and what is interesting in the coin world on this site.

Just me talking here....and no disrespect intended. Just seems like several of these discussions are directed at dogging the Mint and turn into rants.
I'm much more interested in the coins.

JW

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Permalink Reply by Numisman on January 29, 2009 at 8:33am

John W said:

Seems both counterproductive and also fairly backward by the Mint. I would think that, if you had your stuff together, you would just change a given box from price (1) to price (2) and everything priced off that box would update in 1 second....no?

Having said that, ridiculing the Mint and their process/policy is too easy. As my grandmother used to say "it's so easy to be critical." I would much rather read about coins and what is interesting in the coin world on this site.

Just me talking here....and no disrespect intended. Just seems like several of these discussions are directed at dogging the Mint and turn into rants.
I'm much more interested in the coins.

JW

Oh yes I agree with what you say. And I don't believe that anyone is necessarily opposed the new pricing policy as it is more predictable and transparent than things used to be(remember last year)

But it seems that perhaps the implementation could be handled better, and if no one offer constructive criticism then things will likely never improve.
Just rubbing two cents together trying to get a nickel.

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Permalink Reply by John W on January 29, 2009 at 9:44am

Yeah....agreed. I mean, think about Home Depot or Lowes or whatever: You think they take their sites down for a day to adjust a few prices? No way. The Mint should be able to open a box in the system, punch in "gold = $885" and then "update" and everything should ratchet up or down by the pre-determined amount. Maybe the $5 trillion stimulus can include a few million for the Mint to update their systems? Just a thought.

Regarding the UHR coin, my coins still say 2/6 delivery date for both the coin and the book. Interesting.

Next up is the Lincoln $.