The Mint always has two press releases ready to go:
"In light of rising silver prices, we are raising the 2020 ASE proof from $55.95 to $64.50."
and
"In light of falling silver prices, we are raising the 2020 ASE proof from $55.95 to $64.50."
The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition.
The United States Mint is changing the prices of Bronze Medals and Bronze Medal Presentation Cases, effective January 1, 2021.
Small Bronze medals are going from $6.95 to $20.00 (187.8% Increase)
Large Bronze medals are going from $39.95 to $160.00 (300.5% Increase)
Small presentation case $15.00
Large presentation case $35.00
Presidential Silver Medals $65.00 UP $19.00 or 41.3%
America the Beautiful Quarters Silver Proof Set $60.00 Up $17.50 or 41.2%
American Eagle One Ounce Silver Proof Coin $73.00 Up $8.50 or 13.2%
American Eagle One Ounce Silver Uncirculated Coin $67.00 Up $13.00 or 24.1%
American Eagle One Ounce Silver Proof Coins - Bulk Pack $2,920.00 Up $340.00 or 13.2%
American Eagle One Ounce Silver Uncirculated Coin - Bulk Pack $2,680.00 Up $520.00 or 24.1%
Limited Edition Silver Proof Set $201.00 Up $51.05 or 34.0%
Silver Proof Set $105.00 Up $50.05 or 91.1%
America the Beautiful Five Ounce Silver Uncirculated Coin $229.00 Up $50.75 or 28.5%
End of World War II 75th Anniversary American Eagle Silver Proof Coin $83.00
End of World War II 75th Anniversary One Ounce Silver Medal $75.00
2019 America the Beautiful Quarters Silver Proof Set $60.00 Up $23.05 or 62.4%
2019 American Liberty High Relief Silver Medal $175.00 Up $75.05 or 75.1%
2019 Congratulations Set $75.00 Up $18.05 or 31.7%
2019 Silver Proof Set $105.00 Up $50.05 or 91.1%
The United States Mint recently adopted a new strategy for pricing products in its silver numismatic products portfolio. As a result, prices for products containing silver will change EFFECTIVE October 13, 2020, with release of the 2020 American Eagle Silver Proof Coin with “S” mint mark (20EM). The new pricing will affect prices for silver products already on sale (including prior year) and those remaining to be released in 2020.
In order for the United States Mint to cover rising costs, meet its fiduciary responsibility to operate at no net cost to taxpayers, and return money to the Treasury General Fund, re-setting silver prices is necessary.
The Mint’s goal, as a financially responsible Federal agency, is to always provide the best quality numismatic products while maintaining fair prices. The first objective is to ensure that the numismatic portfolio (all product lines together) be self-sufficient and cover all associated costs. The new silver prices reflect a sound business decision aimed at meeting these obligations. (No tax dollars are used to fund numismatic operations.)
The United States Mint will continue to look for operations optimization and cost reduction efforts to deliver superior quality numismatic products at a fair price.
Many of these increases are excessive such as the silver proof set doubling in price, and they will depress sales. Plus, the 2020 set will only have 2 silver quarters -- the final ATB and the one with Washington crossing the Delaware. IF the new programs are enacted, they are not scheduled to start until 2022. I, for one, will not pay $100 for a 2021 silver proof set.
Comments
The Mint always has two press releases ready to go:
"In light of rising silver prices, we are raising the 2020 ASE proof from $55.95 to $64.50."
and
"In light of falling silver prices, we are raising the 2020 ASE proof from $55.95 to $64.50."
The United States Mint is changing the prices of Bronze Medals and Bronze Medal Presentation Cases, effective January 1, 2021.
Small Bronze medals are going from $6.95 to $20.00 (187.8% Increase)
Large Bronze medals are going from $39.95 to $160.00 (300.5% Increase)
Small presentation case $15.00
Large presentation case $35.00
Do you have a link?
That is insane for a piece of bronze.
Edited to add, are they foreseeing hyperinflation?
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
Get your Roosevelt medal by Barber / Morgan before its too late...
He who knows he has enough is rich.
I have not bought from them in years and plan no change in that.
I've purchased the 3" 9-11 & Apollo Astronaut medals...Much better design that most circulating coins.
The increases will not impact me one whit.
I swore off buying anything from the mint about 7 years ago. Glad I did it.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
Announced 10/07/2020
Presidential Silver Medals $65.00 UP $19.00 or 41.3%
America the Beautiful Quarters Silver Proof Set $60.00 Up $17.50 or 41.2%
American Eagle One Ounce Silver Proof Coin $73.00 Up $8.50 or 13.2%
American Eagle One Ounce Silver Uncirculated Coin $67.00 Up $13.00 or 24.1%
American Eagle One Ounce Silver Proof Coins - Bulk Pack $2,920.00 Up $340.00 or 13.2%
American Eagle One Ounce Silver Uncirculated Coin - Bulk Pack $2,680.00 Up $520.00 or 24.1%
Limited Edition Silver Proof Set $201.00 Up $51.05 or 34.0%
Silver Proof Set $105.00 Up $50.05 or 91.1%
America the Beautiful Five Ounce Silver Uncirculated Coin $229.00 Up $50.75 or 28.5%
End of World War II 75th Anniversary American Eagle Silver Proof Coin $83.00
End of World War II 75th Anniversary One Ounce Silver Medal $75.00
2019 America the Beautiful Quarters Silver Proof Set $60.00 Up $23.05 or 62.4%
2019 American Liberty High Relief Silver Medal $175.00 Up $75.05 or 75.1%
2019 Congratulations Set $75.00 Up $18.05 or 31.7%
2019 Silver Proof Set $105.00 Up $50.05 or 91.1%
From the United States Mint...
The United States Mint recently adopted a new strategy for pricing products in its silver numismatic products portfolio. As a result, prices for products containing silver will change EFFECTIVE October 13, 2020, with release of the 2020 American Eagle Silver Proof Coin with “S” mint mark (20EM). The new pricing will affect prices for silver products already on sale (including prior year) and those remaining to be released in 2020.
In order for the United States Mint to cover rising costs, meet its fiduciary responsibility to operate at no net cost to taxpayers, and return money to the Treasury General Fund, re-setting silver prices is necessary.
The Mint’s goal, as a financially responsible Federal agency, is to always provide the best quality numismatic products while maintaining fair prices. The first objective is to ensure that the numismatic portfolio (all product lines together) be self-sufficient and cover all associated costs. The new silver prices reflect a sound business decision aimed at meeting these obligations. (No tax dollars are used to fund numismatic operations.)
The United States Mint will continue to look for operations optimization and cost reduction efforts to deliver superior quality numismatic products at a fair price.
Many of these increases are excessive such as the silver proof set doubling in price, and they will depress sales. Plus, the 2020 set will only have 2 silver quarters -- the final ATB and the one with Washington crossing the Delaware. IF the new programs are enacted, they are not scheduled to start until 2022. I, for one, will not pay $100 for a 2021 silver proof set.
Pricing has been announced for the two United States Mint Gold offerings for the 400th Anniversary of the Mayflower:
Mayflower 400th Anniversary Gold Reverse Proof Coin – $727.50*
400th Anniversary of the Mayflower Voyage Two-Coin Gold Proof Set – $1,525.00*
*Pricing from the Mint’s Gold grid $1,950.00-$1,999.99
The Mayflower 400th Anniversary Gold Reverse Proof Coin will be priced $50.00 Higher than the ¼ oz. American Gold Eagle Proof
Pricing has been announced for the two United States Mint Silver offerings for the 400th Anniversary of the Mayflower:
400th Anniversary of the Mayflower Voyage Silver Proof Coin and Medal Set – $150.00
Mayflower 400th Anniversary Silver Reverse Proof Medal – $70.00
…SO…IF you want the 400th Mayflower Silver Proof Coin…
…You have to purchase the Coin and Medal Set…
United States Mint Price Increases Continue…
2020 United States Mint Ornament $29.95 +$5.00 or 20.0%
2020 Mighty Minters™ Ornament $27.95 +$3.00 or 12.0%