2018 Steem Silver Round - Total Mintage Decision and More Updates

in steemsilverround •  7 years ago 

Overview of the 2018 Steem Silver Round

A little less than a month ago the pre-sale began for the 2018 Steem Silver Round. Initially, we explored the idea of having a 3d die for the obverse, but the mint steered us away from that after they saw the design that @welshstacker created. By the way, the mint absolutely loves the design he created! Thank you to everyone that helped in selecting the design and making improvements to it.

The rounds are only available during the pre-order unless there are some left over after they have all been shipped out. When the 2018 Steem Silver Round was announced, we decided to initially mint 2500 of the rounds since there was so much demand for the 2017 Steem Silver Round on the secondary market. The 2017 Steem Silver Round saw 1500 rounds get gobbled up prior to the fabrication.

The first few days of the pre-sale started out with a bang and there were nearly 500 rounds sold in the first three days. If this trend were to have continued, we would have sold out around this time. Unfortunately, the buying slowed down somewhat dramatically and the orders continued sporadically. To date, we have had over 150 orders for the 2018 Steem Silver Round, which is a massive increase from last year. Although, the number of orders was much larger compared to last year, the quantity per order was significantly less. The prices of crypto have been extremely volatile in the last six months and this could be partially to blame.

Official Mintage Update

After discussing with a few others about whether to decrease the mintage or keep it the same, we have decided to decrease the mintage to 1500 rounds, which is the same as last years mintage. The main deciding factor in doing this was to be able to get the rounds in your hands as quickly as possible.

Remaining Stock

There are still a limited number of 2018 Steem Silver Rounds that are available for purchase. Once they are sold out, the rounds will only be available on the secondary market.

COA Updates

If you purchased a COA above 1500, please contact me as there are a few options:

  • Choose a different number that is below 1500 and available. The list of available COA's is here.
  • Receive a refund (in Steem) for the COA you paid for.
  • Receive a refund (Steem or PayPal) for the entire order if you no longer want to purchase the round. There may be fees associated with this.

Please contact me on discord (sevinwilon#5606) or on Steemit.chat(sevinwilson) to discuss this.

Updates from the Mint

As of Friday morning we locked in the remaining 500 ounces of silver with the mint and they are going to be creating the die over the next week or so. This gives us an estimated 4-5 weeks before the rounds are shipped out. We will continue to provide updates as we work closely with the mint.

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Hey Sevin. I just ordered 9. 7 with COA the same as 2017. I guess I need to send you proof of the COA for the coins I want. I’ll do that here shortly. Thanks Sevin!

Don't worry about it! I know you own them and I have already reserved them for you!

You are the man! Thanks! 😁

You’re welcome!

Thanks for all your help :)

Are you on Discord?! Ping me there (sevinwilson#5606)

beautiful, I love the SSG Community, the design on it is onnnn point
b.a.

Yes!! It came out incredible! I can’t wait for it to get struck

Precioussss Coinssssss !!!

So... what does the R stand for ? I want to knoooooow !?!

That is for another time!!! :D

XP

I'm actually glad there will be less than planned because some day those of us who have bought them year after year will have a collection that very few people have.

When I first started stacking I always just bought bars and rounds that were the cheapest price over spot that I could find, but after seeing how much the 2017 SSR was going for on the secondary market pretty much immediately after people started receiving their rounds I saw the value in buying limited edition coins as such.

Thanks for the update on the project and I can't wait to receive mine!

It will be interesting to see the demand on the secondary market for them! There were nearly double the orders as last year, but some people still did not purchase them and thus the secondary market may be popping!

Great! Can't wait to get these rounds. Really looking forward to it.

Heck yes! As more information comes from the mint I will keep you in the loop!

I'm waiting patiently for my first Steem coins.

It gets so intense when they get shipped out and we are refreshing every 10 minutes to check on the shipping status! haha

I can imagine. Thanks for everything you do for this great group.

How many are left?

Currently 15 in stock, but this may increase depending on whether some orders get paid. This could increase to about 100 max left.

Ok, not too bad.

Nope! Not at all! The mint should be creating the die soon!! :D

I love it, all of it, great job @sevinwilson! I cannot wait till we all get our hands on these bad boys!!!!

can I change the delivery adress?

Of course. Discord or email works for me

Thanks for the update! It was probably a good idea to lower the mintage. At this point everyone who wanted to buy a round has had the opportunity to do so already :)

You’re right about that! I was getting antsy myself! Haha

Good news all around! I had to go check my extra COA requests to make sure I am under the new 1500, and thankfully I am all set. Now to try to not keep thinking about them for the next few weeks...

Sweet!! I know the anticipation is going to keep me up at night!!

Thank you for your continued support of SteemSilverGold