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	<title>
	Comments on: U.S. Mint at West Point Temporarily Suspends Production	</title>
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	<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/</link>
	<description>CoinNews delivers the latest World and US coin news</description>
	<lastBuildDate>Fri, 26 Jun 2020 01:16:55 +0000</lastBuildDate>
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		<title>
		By: ray		</title>
		<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487801</link>

		<dc:creator><![CDATA[ray]]></dc:creator>
		<pubDate>Fri, 26 Jun 2020 01:16:55 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=74651#comment-487801</guid>

					<description><![CDATA[The American Liberty 225th Anniversary Gold Coins is sold by the mint for $2440 when the price of gold stands at about $1760. I know that proofs take extra handling but isn&#039;t a $700 markup somewhat of a gouging?]]></description>
			<content:encoded><![CDATA[<p>The American Liberty 225th Anniversary Gold Coins is sold by the mint for $2440 when the price of gold stands at about $1760. I know that proofs take extra handling but isn&#8217;t a $700 markup somewhat of a gouging?</p>
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		<title>
		By: alik		</title>
		<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487487</link>

		<dc:creator><![CDATA[alik]]></dc:creator>
		<pubDate>Tue, 21 Apr 2020 18:38:33 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=74651#comment-487487</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487473&quot;&gt;Richard W.&lt;/a&gt;.

yes , as of april 19 sales at 183,456 . should be all gone very soon]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487473">Richard W.</a>.</p>
<p>yes , as of april 19 sales at 183,456 . should be all gone very soon</p>
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		<title>
		By: K ROB		</title>
		<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487476</link>

		<dc:creator><![CDATA[K ROB]]></dc:creator>
		<pubDate>Mon, 20 Apr 2020 12:35:50 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=74651#comment-487476</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487474&quot;&gt;Richard W.&lt;/a&gt;.

RICHARD W.  i agree with you all the way on that.i checked a reputable dealers website this morning and i saw that they would sell me a 2020 ASE bullion coin for $26.23 and if i wanted to sell it back to them they would give me $18.89 for it.these people are getting a reputation  but i would&#039;nt call it fair.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487474">Richard W.</a>.</p>
<p>RICHARD W.  i agree with you all the way on that.i checked a reputable dealers website this morning and i saw that they would sell me a 2020 ASE bullion coin for $26.23 and if i wanted to sell it back to them they would give me $18.89 for it.these people are getting a reputation  but i would&#8217;nt call it fair.</p>
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		<title>
		By: Richard W.		</title>
		<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487474</link>

		<dc:creator><![CDATA[Richard W.]]></dc:creator>
		<pubDate>Sun, 19 Apr 2020 20:19:29 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=74651#comment-487474</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487437&quot;&gt;K ROB&lt;/a&gt;.

Too many people are hypnotized by a &quot;good deal.&quot;  (And it if was so good why are the dealers selling them?)  Maybe they watched those hilarious coin shows too often--the ones aimed at people who buy coins with little knowledge about them.  An old saying about doing your homework still holds true, &quot;Buy the book before the coin.&quot;]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487437">K ROB</a>.</p>
<p>Too many people are hypnotized by a &#8220;good deal.&#8221;  (And it if was so good why are the dealers selling them?)  Maybe they watched those hilarious coin shows too often&#8211;the ones aimed at people who buy coins with little knowledge about them.  An old saying about doing your homework still holds true, &#8220;Buy the book before the coin.&#8221;</p>
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		<title>
		By: Richard W.		</title>
		<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487473</link>

		<dc:creator><![CDATA[Richard W.]]></dc:creator>
		<pubDate>Sun, 19 Apr 2020 20:17:00 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=74651#comment-487473</guid>

					<description><![CDATA[If you&#039;re thinking of getting a 2020-S silver proof set now might be a good time.  Yes, the price went up a lot, and they might make more.  But with the WP min shut down, and only 190,000 available, plus the bonus &quot;W&quot; nickel, holding off is a gamble.  Same with the regular proof set and its different &quot;W&quot; nickel--it is available now.  Yes, things will probably come back to normal, the the uncirculated set (with yet a different &quot;W&quot; nickel), and the limited edition silver proof set will likely be produced, but who knows when or if that will happen.  Strange times.]]></description>
			<content:encoded><![CDATA[<p>If you&#8217;re thinking of getting a 2020-S silver proof set now might be a good time.  Yes, the price went up a lot, and they might make more.  But with the WP min shut down, and only 190,000 available, plus the bonus &#8220;W&#8221; nickel, holding off is a gamble.  Same with the regular proof set and its different &#8220;W&#8221; nickel&#8211;it is available now.  Yes, things will probably come back to normal, the the uncirculated set (with yet a different &#8220;W&#8221; nickel), and the limited edition silver proof set will likely be produced, but who knows when or if that will happen.  Strange times.</p>
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		<title>
		By: K ROB		</title>
		<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487450</link>

		<dc:creator><![CDATA[K ROB]]></dc:creator>
		<pubDate>Thu, 16 Apr 2020 23:11:08 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=74651#comment-487450</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487449&quot;&gt;Seth Riesling&lt;/a&gt;.

much appreciated. that answered my question.thank you very much.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487449">Seth Riesling</a>.</p>
<p>much appreciated. that answered my question.thank you very much.</p>
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		<title>
		By: Seth Riesling		</title>
		<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487449</link>

		<dc:creator><![CDATA[Seth Riesling]]></dc:creator>
		<pubDate>Thu, 16 Apr 2020 23:07:03 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=74651#comment-487449</guid>

					<description><![CDATA[K Rob - 

The Mint requires a lot of their bullion version coin Authorized Purchasers companies, but the most important is a federal background check on the owner &#038; the fact that they require the APs to not only sell these U.S. Mint silver, gold, platinum &#038; palladium coins, buy they must also buy the coins back from the public also. That creates a large 2-way market that you &#038; I as &quot;small collectors&quot; cannot do on a daily basis. 

Happy collecting! 

NumisdudeTX]]></description>
			<content:encoded><![CDATA[<p>K Rob &#8211; </p>
<p>The Mint requires a lot of their bullion version coin Authorized Purchasers companies, but the most important is a federal background check on the owner &amp; the fact that they require the APs to not only sell these U.S. Mint silver, gold, platinum &amp; palladium coins, buy they must also buy the coins back from the public also. That creates a large 2-way market that you &amp; I as &#8220;small collectors&#8221; cannot do on a daily basis. </p>
<p>Happy collecting! </p>
<p>NumisdudeTX</p>
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		<title>
		By: K ROB		</title>
		<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487448</link>

		<dc:creator><![CDATA[K ROB]]></dc:creator>
		<pubDate>Thu, 16 Apr 2020 22:50:17 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=74651#comment-487448</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487443&quot;&gt;Seth Riesling&lt;/a&gt;.

seth,i can tell you know alot about the hobby.i myself have been in this hobby for forty years,i have wondered for a long time why does the mint sell to authorized dealers and not just  sell directly to the public? i&#039;m referring to the bullion the mint sells. i think this would be a beautiful thing  if they would sell directly to the public.thank you.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487443">Seth Riesling</a>.</p>
<p>seth,i can tell you know alot about the hobby.i myself have been in this hobby for forty years,i have wondered for a long time why does the mint sell to authorized dealers and not just  sell directly to the public? i&#8217;m referring to the bullion the mint sells. i think this would be a beautiful thing  if they would sell directly to the public.thank you.</p>
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		<title>
		By: chuck		</title>
		<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487444</link>

		<dc:creator><![CDATA[chuck]]></dc:creator>
		<pubDate>Thu, 16 Apr 2020 21:13:30 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=74651#comment-487444</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487443&quot;&gt;Seth Riesling&lt;/a&gt;.

Seth Riesling,
Last time I looked all 5 of the 5 oz ATB for 2019 were also still available. (The only surprise to me and apparently many others was the mint did not raise prices for them when the &quot;bat&quot; was issued like they did for the 2018 and 2019 platinum when the proof 2020 platinum came out.)  The &quot;Weir Farms&quot; bullion coins have been available from dealers for sometime too. But the &quot;P&quot; was rescheduled (sometimes bullion ones have been available first other times the &quot;P&quot; was first). So was surprise the mint rescheduled the &quot;Weir&quot; &quot;P&quot; as it was likely already struck too.
To be clear, I am not certain &quot;price gouging&quot; is limited to dealers. Thanks for your reply and info.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487443">Seth Riesling</a>.</p>
<p>Seth Riesling,<br />
Last time I looked all 5 of the 5 oz ATB for 2019 were also still available. (The only surprise to me and apparently many others was the mint did not raise prices for them when the &#8220;bat&#8221; was issued like they did for the 2018 and 2019 platinum when the proof 2020 platinum came out.)  The &#8220;Weir Farms&#8221; bullion coins have been available from dealers for sometime too. But the &#8220;P&#8221; was rescheduled (sometimes bullion ones have been available first other times the &#8220;P&#8221; was first). So was surprise the mint rescheduled the &#8220;Weir&#8221; &#8220;P&#8221; as it was likely already struck too.<br />
To be clear, I am not certain &#8220;price gouging&#8221; is limited to dealers. Thanks for your reply and info.</p>
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		<title>
		By: Seth Riesling		</title>
		<link>https://www.coinnews.net/2020/04/15/u-s-mint-at-west-point-temporarily-suspends-production/#comment-487443</link>

		<dc:creator><![CDATA[Seth Riesling]]></dc:creator>
		<pubDate>Thu, 16 Apr 2020 19:58:46 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=74651#comment-487443</guid>

					<description><![CDATA[chuck - 

The Mint&#039;s website still has the 5-ounce &quot;P&quot; American Samoa 2020 coin available. Since there is only one press that is used to strike all 5 oz silver coins, &#038; it takes a specially trained employee to operate the press at the Philadelphia Mint, they usually only strike 100 coins at a time &#038; then they wait for them to sell &#038; then strike another batch to send to the fulfillment warehouse in Memphis. 
The price gouging by dealers continues though as scared people rush to buy precious metals during this crisis time unfortunately. 

Happy collecting! 

NumisdudeTX]]></description>
			<content:encoded><![CDATA[<p>chuck &#8211; </p>
<p>The Mint&#8217;s website still has the 5-ounce &#8220;P&#8221; American Samoa 2020 coin available. Since there is only one press that is used to strike all 5 oz silver coins, &amp; it takes a specially trained employee to operate the press at the Philadelphia Mint, they usually only strike 100 coins at a time &amp; then they wait for them to sell &amp; then strike another batch to send to the fulfillment warehouse in Memphis.<br />
The price gouging by dealers continues though as scared people rush to buy precious metals during this crisis time unfortunately. </p>
<p>Happy collecting! </p>
<p>NumisdudeTX</p>
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