Issues relating to Poseidon 2oz Silver Coin | New Coin Releases

Issues relating to Poseidon 2oz Silver Coin

We have heard a number of complaints from those who tried unsuccessfully to order the 2oz Poseidon coin from our internet site overnight. I am sorry you did not succeed – naturally not everyone could with a mintage of a just 1,500.

The Poseidon coin’s style-appeal and low mintage designed incredible demand. Half an hour before it became available for sale on-line we had much more than 450 buyers logged into our internet site waiting to purchase. That figure elevated as we moved towards launch time with even far more buyers chasing the very first tranche of our website’s allocation of 300 coins.

The speed and volume of orders to hit the internet site triggered several of the issues that have been described to us.  I apologise if you have been left ‘hanging’ for any length of time prior to our technique indicated that the coin was no longer accessible. This is a shortcoming of our systems we’re aiming to resolve under the internet site replacement program.

The other complaint we have heard is that a few dealers have been providing Poseidon coins on on the web auction web sites at rates considerably more than our advisable retail value. This has led to claims that they had been offered preferential remedy. In truth, every dealer received only a tiny allocation which was correlated to the quantity of preceding Zeus coins they took.

On the query of dealer pricing, sadly there is quite tiny we can do. As discussed previously on our blogs, we are unable to ‘fix’ the cost at which third parties sell our coins under Australian customer law.

Congratulations to these collectors who did safe the remarkable Poseidon coin via our web site – you are the proud owner of an very sought-right after release!

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