BelKen

The pinned topics at the top are good for information. The one titled "Coin Tracking Requirements". Makes a good read. The getting started bit down the bottom gives all the information you need.

We sent an e-mail to Bryan at Groundspeak.com and it was done within half hour. Nothing but praise for his quick response to our problems and questions.

I added the 1,000 numbers and icon to the cost of 200 coins.

Depends on your value. If you spend $1650 on numbers and only have 200 coins. Then of that you only have 1 chance in 50 of owning a particular team coin you would have to work out the worth to you. The cost to produce coin is not $6 bit more like $15. People pay different money for coins and your worth and my worth may not exactly match. So why apply straight logic to the equation. If you continue to do that then these forums aren't the place for you. If the $200 coin filled my value bucket I would buy. I would still want to know if there was a non LE edition. If there was that would be where I would more than likely put my money.

Before you pooh pooh there is little more information needed here. According to the blurb there are 30 sets of LE gold. Is there another metal coming? If not then these are worth the money. They would have had to pay for 1000 numbers and the icon to get the OB prefix. Then if the offer is that only fifty sets being made ie 200 total numbers then they have automatically created a LE that should get sold out very quickly. However without knowing what happens to the other 800 numbers we can not make an informed decision.

You can always make sure you have all the buyers covered. By posting in these forums you have picked up a sale or two. I would also think about about listing on E-Bay at a higher cost to cover the expenses. That way you also cover the e-bay purchasers. Lastly roll up to some events with your coins and show them around. If people are interested then you may pick up sales there as well. It is always up to the seller to get there goods to the buyers.

Why don't you list the remaining coins you have on E-bay. Slight increase in price to cover costs but it is up to you to get it to the buyer. Make sure you put a buy it now price on and make sure your P+H is correct. All people who have coins on hand should do the same. You should always list your excess coins as soon as you have them in hand. ie before you begin posting them thus counteracting the buy for e-bay people and getting those e-bay buyers money into your hands. I am sure they will aprreciate good coins at good prices.

Here We had a chuckle at this one. They have others in the series.

Best Personal: Worker of Wood Best State: New York Best Event: Ftozen Bone Biggest Stretch to geocaching: Quebec Beer Coin Best Other: GeoTiki Best Trackable: BenchMark (GeoCoinClub) Most Valuable: Mount10Bike v3 Best Shape: Georgia Peach Best Charity: Pennsylvania Black Nickel

Actually. If you want an icon the minimum purchase is 500 numbers ie $750. Plus $150 for the icon making a total outlay of $900. If you mint 400 coins you will 100 numbers left. You can buy lower amounts (less than 500)from coin manufacturers but will only receive the penny icon.

Iko Iko

Could I purchase 3 please (International)

Prtnr1. Good luck. From finding a coin to commiting to spending money is a big step. The icons on your profile for found trackables are from where?? Your owned coins are where?? At $4.50 you are competing with TB tags. A good call. That price also brings my interest up a few points. If you can achieve the quality at that price you will definately be bucking the trend. Again good luck. You have now peaked my interest and I will watch carefully.

There is always talk about coins for the intended purpose to travel. What I think we need to realise is that is not real. The intention with most coins at this number is to sell the coins to finance the series. If you want to sell 20000 coins to travel and that is the intention then you will have a very long wait to sell them. (or deep pockets) The fact is most coin issues rely initially on the buyer/collector to get them off the ground. The buyer/collector relies on a coin issue to have characteristics that make it worthwhile. Unless, you are one of those addicts then nothing will stop them. Research within the forums will show that unless you have a coin such as a state/city organisation that has a big state/city support ie the local collector of this one coin, you will not get the initial support to finance your wish. Therefore you are asking the collector/buyer to fund a major portion. To make the series attractive to this person you have to meet some parameters to get wide support. This series is asking for a commitment of $6.00 times 20 ie $120. Most coin clubs and individuals buy 2-3 sets per buyer for a reason. If those reasons don't exist then the commitment from this group may be one third less. You will then have the situation where the initiator of the series gets left with the bill. Recent examples of very slow sales I can think of are Fraher Family coin, Sattelite series and I am sure others could name a few more. Research those coin issues that sell within seconds. You need some of the coin clubs to commit to the 30's and 100's.

An opinion from the other side of the pond. Relevence ? Questionable. Would I buy? no. Short supply therefore have trading power? No. Would I buy? No. Good looking coins? Yes. Would I buy? No. See Question 1. Good price? At $6.00 yep. Would I buy? Probably not. see question 2 My suggestion is 500 coins at $6.00 a piece. You will get presales at that level with probably a demand shortfall. Therefore questions 2 and 3 and 4 become relevant to a buyer and thus the dip into the pockets. At 1,000 coins I would have them on the list of wants and trade for them later.

I also agree that LE coins should not be subject to any VIP status. This only allows the people that have the money upfront to corner the market and the sharks will circle and use the apparent need to bolster their pockets. I also believe that the LE sales should restrict the numbers you can order to less than 5. And one last thing I think the shipping destination should default to Zambia so we all have to waste time in that box.

The egg dropped allright. The other advantage of being a single buyer is that if you have asked for 5 and there are not enough to satisfy the request you will get an out of stock. A single buyer might slip under radar at low levels.

Interesting discussions. I didn't post before the second sale as I didn't want to give away any edge before the English coin. But I managed to pick up the LE coin and I have the disadvantage of having to change the destination box. For a basic registered user you get the ability to pay in 24 hours therefore you have the coins when you hit the buy button. You don't have to proceed immediately to PayPal. I go through the motions on these sales and this is the first LE coin I have managed to pick up. If I miss them I just go for the normal. I don't see the point of getting upset about it. Oh and I missed the LE egg. I wont cry though.

Cornerstone 4. Is that the official response or a personal response??? I understand some of the reasoning you state but still at a loss for why I need the protection. I already recognise the people you are talking about and ignore for example their 5th personal coin release in a month. Just as I use the ignore listers feature in E-Bay when searching. Wouldn't it be better to let the forum continue to evolve and bring the discussions under one spotlight. Wouldn't this then make it safer?

Ok a specific question. What is the thought patterns/discussions for the bar on non trackable coins? Please don't answer bandwidth issues.

Have a look at the post two down from you. You don't boycott Groundpeak you must boycott the people that sell the coin. Are you willing to do that? Are you willing to boycott the Bikedog Memorial coin. The coin community has decided the relative worth of coins. They did that before these guidelines. Except for a few coins are you willing to trade a trackable/Icon coin for a personal non trackable. In most cases I don't believe you will. So therefore the coin collecting community has decided relative worth. The explosion of trackable coins was a result of this relative worth. The whole point I am trying to make is that in the big scheme of things the posting of the sale on non trackable coins in this forum is a small price to pay to keep the community together and evolving. Also forcing these coins which have a place in the community away from this site means there is less control over what is offerred. At least if they were allowed here then inapropriate use of logos etc can be controlled. If you disagree with the guidelines of this forum then stop using it to find the coins you are willing to buy and sell whether they are trackable or not. You will not stop the coins.

I go to sleep and look what happens. I still cannot fathom the reason for the policy. The examples of using our dimes for your profit doesn't make sense to me at all. Also boycotting tracking and Groundspeak also doesn't make sense. The coin craze has evolved on this site. This site has benefitted from this evolution. Coin (Icon) Collectors have benefitted from Groundspeaks evolution with tracking and icons. I have benefitted by being able to see all the coins on offer so I could decide what to do with my money. The new guidelines will not allow me to make informed decisions on what I am willing to do with my money. Any split in the coin community may see all the benefits to all the people wane. The issue about personal coins that are not trackable needs to be looked at. The cost to Groundspeak is minimal. The coin community was already voting with its wallet. Groundspeak was benefitting. I am sure that would have continued. I, and I assume all the other people in the coin community can look after each other and we don't really need a big brother to point out there may be sharks out there. The problem with the policy is that it splits the community and favours those same sharks. If the community is going to boycott anything it needs to be the forum that restricts the continual evolution. Waiting for the dust to settle is also a cop out. The forum here needs to be open. Unless I have missed something. The guidelines can be changed again and as one wiseman put it the change may be painful but I am sure you can get over it. If you don't understand the coin thing then how can you make guidelines to control it.

Commercial but fair. We don't think so. A company can spit out coins by the truckload and advertise freely and with full blessing on this site as long as they pay for tracking. A geocacher with a personal coin cannot if they ask for money and not a trade. This whole geocoin craze has been generated by the collectors that use this forum. Groundspeak and the companies that make the coins have ridden the coat tails of the collectors yet Grounspeak have now imposed a fairly heavy restriction on those same collectors. Under this policy, in this forum, you will only get to see those coins that have a clear benefit to Groundspeak. We understand that this is their site. The question you need to ask yourselves is whether this is the best site to host the Geocoin collectors discussions.

The new guidelines are not OK with us. Can someone tell me where we can find the information we need on all coins that are on offer. As obviously this forum will not provide it.

You might be able to try cacher "Hkw0704" form Taipei Tawain. He was part of our Globetrotter Contest Team.