Comments on: US Mint Increases Prices for Three Silver Products

By: billymac11

billymac11 — Mon, 21 Mar 2011 14:03:30 +0000

adjust pricing to reflect metal cost, yes. But give the little guy a bare-bones, less-expensively-packaged alternative for clad coinage, both uncirculated and proof

By: little guy

little guy — Sun, 20 Mar 2011 16:52:27 +0000

We never really have controll over thier pricing (they do what they like).”the other mints are doing it”Personally,I buy my coins for collector and investment reasons.I will only buy what I can afford,which will be much less since the prices keep going up.The mint has always melted down inventory the tax payers financed to begin with-and used that to re-mint the next issues.Re-charging is in thier mantra.I really wonder if the 2009 no proof silver eagle deal wasn’t but a ploy by Moy to increase 2010 sales.Anyway people that can afford to purchase large qty.’s of mint items will do it,so the only ones that are getting screwed are the regular citizens.It’s not very American.

By: Rich W

Rich W — Sat, 19 Mar 2011 17:34:47 +0000

Jim,i believe you’r right,if your a true collector melt price is not an issue,metals speculators don’t make these kind of buys.This nugget is one hell of a collectible.Match it if you can.In todays world i doubt if ther are a lot of true collectors left.If your a collector,collect,if your speculator,speculate.
Rich W

By: jim

jim — Sat, 19 Mar 2011 17:01:21 +0000

If all you’re interested in is melt value then buy bullion. If you think the price of precious metals is going to continue to go up then buy now and eventually the melt value will surpass what you paid and you’ll be ahead. If you think that the economy will stabilize and metals prices will also then buy now and you’ll stay even. If you think the economy will stabilize and metals prices will decline as a result then wait until that happens and pay what you want to on eBay (if somebody’s willing to sell for less than what they paid). If you’re only interested in numismatic value then you pay what you think it’s worth regardless of the metal content/melt value. Why do you think they paid $460,000 for a gold nugget that’s got a melt value of only ~$140,000?

By: Rich W

Rich W — Sat, 19 Mar 2011 16:50:22 +0000

A lot of folk have been fussing about the pricing policy of (our mint)for quite a long time,but enough of you keep buying to keep the presses running.The resolution of this issue is really quite simple.Just say no no no.The precious metals premiums are absured,and please justify what they are charging us for the alloy based coinage,good grief.This is all a matter of choice,if we the citizens band together an just dont buy they may get the message.If you buy don’t complain,and if you do buy the message is clear to (our mint) .Keep stocking the folks.Thank for reading my rubble. Rich W.

By: Michael Clark

Michael Clark — Sat, 19 Mar 2011 03:27:09 +0000

IT is the height of hubris that the Mint would raise prices so significantly – upwards of 31% – on Non-precious metal coins as well. How do they justify THIS? And as if to add insult to injury, they raised the prices of [silver] coins which had already been minted, boxed, and worked into the previous U.S. Mint budget, yet they feel justified in raising prices on these existing products… they certainly didn’t PAY current pricing for them, but they know the public has absolutely no power to change it.

By: J A

J A — Fri, 18 Mar 2011 21:01:51 +0000

If the price of silver had taken a nosedive, would the mint have gone through all this trouble to revise the price downwards???

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO