For those who missed out on the first 1,000 coins you will soon have the opportunity to order the initial 1oz Silver Steem Coin.
The silver has been ordered from the mint for the remaining 500 coins of this limited mintage round.
The coins will be for sale on the Phelimint website at www.phelimint.com starting at 10pm EST on September 19th, 2017.
This batch will sell out quickly, but with a designated starting time, everyone who wants to purchase one can do so starting tomorrow (09/19/2017 at 10pm EST).
Once these are gone, they are gone!
The total mintage of this coin is only 1,500 and 1,000 have already been ordered and should be here in less than a month.
The reverse of the coin will be retired after this last batch of 500 coins are minted.
There will not be another 2017 Silver Steem round with this design and there will only ever be 1,500 minted. It seems likely this will become a collector's item!
For people wanting to purchase more than 20 coins, I strongly suggest reaching out to @phelimint now so that you can be manually invoiced once the sale goes live. Otherwise, you may miss out on the opportunity to purchase this limited edition coin. You can email Phelimint at phelimint@gmail.com or reach him on discord at PheliMint#3565. I will have some time available over the next 24 hours to assist if you have any questions. You can reach me at sevinwilson@gmail.com or through Steemit.chat/Discord at (sevinwilson).
I don't think the last 500 will take more than a hour to sell.
This could really be a huge product, maybe even a line of its own.
Different awards, and achievements made from different metals and compositions.
Maybe for next years design go with a ordering system like the U.S. Mint as in you can place your order for the years coin until a certain date and then no more. But then you might struggle to sell 1500 that way, I know its tough.
Hate to see people that use steem and really want one and miss out because dealers scoop up the last of them, but that is the coin business. And don't anyone think its easy to deal in the coin market, especially a mint, the margins are slim and great volume like this coin doesn't pop up often.
Wouldn't be surprised to hear Phelimint just breaks even if they are lucky and never expected the steemit coin would be so successful. Probably much more work than they bargained for. But now they have a rocket on their hands, hope they control it well. I'm certainly rooting for them.
Hey man, you certainly nailed your thoughts on the coin business. It'certainly one of low margins for the mints and often the secondary sellers do have the the upper hand. My concern is that some savvy resellers may scoop up large volumes tomorrow and quick but there is no way to prevent that.
Our business has always just been one of passion for us, we get to make unique coins we would love to collect and you better believe we are buying many personally, it's just so much fun to be sharing this will everyone here on steemit. Personally I am in love with that platform and spend a great deal of time here.
We do hope that there is interest in other related coin products down the line and we will have the obverse dies available for other projects.
As for the workload you were also very right and it put our whole website and business in a bit of a pressure cooker, but made us figure somethings out and make some decisions we have been sitting on. There are still many glitches to iron out. I am certainly looking forward to the break once this project is completed...lol.
Thanks for the well wishes and support and we really appreciate it. Hopefully we will have many exciting silver projects in the years to come (not only steem related). We do have a lot of exciting and fun plans down the road.
Could you limit purchase quantities? Businesses do that all the time. @ironshield
Are you guys able to make a small sized Steemit coin that could be suitable to make into a lapel pin?
Got two but am going to be doing a post as to why! Thanks for the awesome round and the wonderful content!
It may take a little longer, but very well may sell out quickly! This being the initial year was just a test to see how it would work! We figured we would sell about 1,000, but didn't think the demand would be there for more. It is tough to gauge demand because there is so much quality content on Steem(it) it is hard for every post to be read. Thankfully for Hashtags it helps to improve visibility.
When I created this coin initially I planned on doing all of the work myself and working directly with a larger mint to get this done. After finding Phil and Eli I thought it would be a great idea to go with a local Steemian. This has given them some good publicity and a few people have mentioned about using them to possibly get some coins done.
Your idea about the US mint style ordering is a good one and we will definitely consider it in the future!
It's a beautiful and highly sought after silver round. I'm having trouble transferring CAD funds to Phelimint. We'll figure it out. @ironshield
Did you get it figured out? They are based out of Canada. It seems like it shouldn't be that difficult!
We might settle using STEEM or SBD. @ironshield
That's never a bad idea! :)
Got my order in tonight. Super excited
Awesome! Phil was keeping me updated from the live view of it! It was pretty neat!
This is a great coin to buy and invest in.
I hate to resteem but I will, it's only right to share, so if you want one now is the time to get one!
Thank you my brother!!
Thanks for the heads up. Will try to grab a few more.
Is there still a minimum buy in? Would love to have one or two but unfortunately i cannot do 20+ coins
That was for overseas shipping savings for a group buy. You can get just one.
I'd be signed up and payment info ready before the time arrives.
Thanks for helping to answer this! You're exactly right with being ready before the time arrives tomorrow evening!
There is no minimum buy! I think the shipping to the US will be about $15 or so. I would recommend buying enough (like 4-5) to justify the somewhat high shipping costs, but it is up to you! There is no minimum though so you could buy one coin! I hope you get some! The more Steemians the better!
Have prices changed?
I cannot speculate on this! lol jk
It is looking like it'll be the same price!
Hah! That is killer. I've got to get some more, at this price I plan to stash a few in my kids savings. Silver and unique design is worth it, but then the limited run and it being the STEEM COIN! I love the design and can't wait to see them in hand.
I definitely would get a few more! Your kids will definitely thank you later!! Hopefully they will be at your doorstep within a month! Looks to be right on schedule now!
I can confirm that with the tumble in spot today we were able to get a good enough price to keep the prices the same as the last one.
Ahhhrrghh!!!! Want one!!!!
Did you get my email about this?
Yes! I bought 17 coins. Don't ask why exactly this number...just so:) I am a fan of the older Chris Duane Coins too and I see that Pheliment sells his new minimintage coins. So I am looking forward to the Steemit rounds;)
I love it! I can't wait til these babies get shipped out!
A very big thank for the good work you are doing here.
Thank you my brother! I appreciate all of your support!
Welcome dear.
I love this design!
Good man! Are you getting some?