Another Steem Silver Round Update - Mintage Number Decrease?

in steemsilvergold •  7 years ago  (edited)

Pre-sales for the Steem Silver Round are still going pretty well, but we are not yet at the target we need to hit. Only 1500 coins were minted of the 2017 Steem Silver Round and they all sold out during the pre-sale.

When we initially announced the 2018 Steem Silver Round we thought that increasing the mintage would be necessary due to the demand from the 2017 version.

The number that was decided on for total mintage for the 2018 Steem Silver Round was 2500. When this number was decided, I did not think it would too tough to reach this number due to the overwhelming demand for the 2017 version.

The Pre-sale begin nearly three weeks ago and we are not close to the limit of 2500 rounds being ordered. This leaves us at a crossroads as we cannot wait for forever to start the process of getting the coins minted because we all want the rounds in our hands as soon as possible.

After speaking with the mint and a few others on here, we all thought that lowering the total mintage of the coin is the best choice of action if we do not increase the sales from the pre-order. The pre-order is the only way to order the coin, except for maybe on the secondary market at drastically higher prices. We may lower the total mintage to as low as 1500 rounds, the same as last years run.

We will see how sales go over the next week and then a final decision will be made on whether we stick with 2500 rounds or decrease the total mintage to 1500 rounds.

If we lower the total mintage and you have requested a COA number above 1500, you can choose another numbered round you want OR receive $2 worth of Steem back.

If you have not ordered your 2018 Steem Silver Round yet, I highly recommend you do so ASAP! You can order them at https://steemsilverround.com.

If you have already ordered a 2018 Steem Silver Round and would like to make another purchase please contact me and I will get you a discount code to take care of the fixed cost of the shipping.

If you would like a Steem Silver Round, but do not have the funds to purchase right now, please contact @spicyer. He will purchase the rounds for you and hold it until you're able to purchase it. The link to his post is available here.


You can contact me via discord (sevinwilson#5606), steem.chat (sevinwilson), or through the contact page of the website.

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I am in full support of you reducing the mintage back to 1500 rounds like last year's run. The lower the mintage, the more valuable each round will be in the secondary market for those that supported the pre-sale. A lot of us on here have done our part to spread the word, if people do not act after becoming aware, then they will have to deal with the higher prices later. All we can do is keep spreading the word. Thank you for your continuous hard work on the @steemsilverround project @sevinwilson.

You are 100% correct about this! The secondary market will be hot again this year for them I have a feeling! Thank you for continuing to spread the word about this project! You have directly contributed to some orders from others!

It always makes me happy to know I have made a difference, and helped people on both ends of the spectrum.

If the demand isn't there, we have to adjust accordingly. Think of the positives. We'll have even more exclusive coins than we thought.
Hey Sevin, can I reserve 1450 and 1451 as part of my current order, please?
I gave those two away last year and want to drop the same numbers on the same people.
Happy to hit the website or just pay into steemsilverround.

That is a good point and very true! I think everyone would be happy to have it be more exclusive!! I am sending you a message on Discord now!

Hi @sevinwilson ..is it possible to order a mintage number???

Like a specifically numbered round? Yes!

You can see the available numbers here: https://steemsilverround.com/2018-steem-round-serial-number-coa-availability/

It is $2 per round you are requesting!

Thanks! Let me check and i'll speak to Jonathan, my order has been paid already.
Cheers!

dang someone already reserved my mint number from last year probably the person I bought it off. lol

What mint number was it?!

149

That's really surprising, but thanks for the update. Looking forward to holding one of them, but I think it's cool that you're holding it open so more people can get some.

I have been very surprised as well about this! I am not sure exactly what has caused this!

Thanks for your order and the support of #SteemSilverGold and #SteemSilverRound

Yup, pull it back to 1500 if needed... I've resteemed it as well... Give it a bit more then mint those baby's

That is exactly what is going to happen! Thanks for the continued support!

Hey I placed an order for 1987 and 2009, the years my wife and son were born, if the mintage is dropped to 1500 will I be able to have that order cancelled all together. If I can't get the years they were born there is no other numbers special to them that are not already reserved.

If you want a refund due to the mintage being lowered we can accommodate that.

Thanks. If there were 2 other numbers that would be special to them I would get those but the 4 other possibilities are already reserved. This was supposed to be a surprise for them. Let me talk to my wife and find out if there is another number below 1500 that might work.

Are you on Discord? Contact me on Discord (sevinwilson#5606) and I will see what I can do!

Thanks for the update. You are on top of this, I like it. I am hoping we can get this done. I love these things

Things are starting to pick up Steem 😜😜

i suport steem silver

Thank you for your continued support of SteemSilverGold

I put an order in for a 2018 one, wish I could have gotten a 2017 one though. Does anyone have one they would be interested in selling me?!

Contact me on discord (sevinwilson#5606) about this or I can email you!

Will be ordering here today! thanks!

Thank you @mericanhomestead! Let me know if you run into any issues!

I think that lowering the mintage would be a great way to go. I fully support going back to a 1500 mintage.

That is what my thoughts are as well!!

With all the distractions I’ve had health and family wise I haven’t had a chance to do a post for the South east Queensland order although I’ve put in a base order for myself plus a couple for resale. I’ll get a post done and hopefully russltle up a few more.

I hope you are doing better! Thank you for helping out with the group buy for Australia!

Thanks for your support of this great project.

Can these be purchase with SBD or steem?

They can be purchased with Steem! Convert the SBD to Steem if you currently have SBD!

Awesome, I placed my order! When will I find out how much steem I owe?

An email is coming to you shortly!

Are they silver plated or real silver coins?

@homestead-ed they are 1 ounce .999 silver

People are gonna be sorry they didn't take advantage of the pre sale while they could!!! I'm fine with a lower mintage just makes mine more precious.

I also support reducing mintage to get this rolling. Keep the updates coming!