Comments on: US Mint Sales: Bullion Gold and Collector Silver Coins Improve

By: Homer

Homer — Tue, 23 Oct 2012 19:45:15 +0000

Premium is around $68 on the 5 oz silver collectors coins. It will be interesting to see what price silver will be before they lower the prices again. Had they not touched the prices, they probably could have sold more of the 5 oz coins. They aren’t normally flying off the shelves.

By: Homer

Homer — Fri, 19 Oct 2012 18:52:00 +0000

If that is the case I may have a box full of errors. That would be good. Silver is down near $32 and dropping. I think the mint does a good job of predicting when silver will drop. They raise their prices. 🙂

By: Joe

Joe — Fri, 19 Oct 2012 16:44:37 +0000

Get one graded Homer sound like you have a mint error. That’s a good thing.

By: Homer

Homer — Fri, 19 Oct 2012 00:43:09 +0000

I ordered a number of the 2 coin San Francisco sets. A large percentage of the coins have die problems on the shield on reverse of the proof. I am not sure whether it is a good or bad thing. I would have thought proofs would be higher quality than that. It is just very interesting that it is generally just one side of the shield. I showed a dealer one of the sets and he said it was a die polish problem. Other ones appear that maybe there might have been something in the dies causing parts of the raised border to have issues.

By: Homer

Homer — Fri, 19 Oct 2012 00:32:09 +0000

People are buying the 5 oz coins with the higher prices? I would wait until
they dropped the prices again. $45 an oz for silver when it is less than $33 is
kind of high considering when silver was $34, they were selling for $41 an oz. However, I suppose if people keep buying them at the higher prices there would be no need to lower the prices.