Personally I look for a sizeable increase. I don't believe they'll do a small increase only to have to do another reset should the price of silver continue to keep going up. It's gonna hurt me some as I buy five silver proof sets annually. Three to break out to fill my Dansco albums and two to stash in the safe. I used to buy eight ( five for the safe ) Not anymore. If it's a huge increase I may forego the two for the safe.
@fathom said:
They are losing opportunities to move product every minute they ponder pricing.
Nope. When you see the new prices, you'll also see that precious little product will be moving.
Nope they will move product. The wholesalers do not have a bottomless pit of merch.
The shops have very little. Unless silver price dumps there is a tsunami of demand for silver right now
Sounds great. Is there " a tsunami of demand for" proof ASEs at $200+?
Probably not. At $200+ I would only be selling before the crash.
I'm not sure about a crash. I'm equally unsure of robust demand for proof modern silver coins minted in the hundreds of thousands at $200+, even with silver at $100+.
For those keeping score at home, numismatic premiums fade as intrinsic value rises, but the Mint simply refuses to read the memo. If things don't change, they are going to absolutely kill demand for all the cool things they have planned for this year.
If nothing else, it should solve for ordering issues on release days.
@PhillyJoe said:
"Crystal ball'n a $210 guess on unc Peace or Morgans when they go live again. $450 on reverse proof 2 coin sets."
And the ebay prices will follow right behind. The 2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks.
Gotta run -grandma's 52 piece sterling silverware in in the basement somewhere.
Don't count on it. EBay prices are actual, after market prices.
If the "2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks," they'll stay right there, and move up and down with the price of silver. Mint stock will sit unsold at prices far above what the market will bear.
@PhillyJoe said:
"Crystal ball'n a $210 guess on unc Peace or Morgans when they go live again. $450 on reverse proof 2 coin sets."
And the ebay prices will follow right behind. The 2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks.
Gotta run -grandma's 52 piece sterling silverware in in the basement somewhere.
Don't count on it. EBay prices are actual, after market prices.
If the "2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks," they'll stay right there, and move up and down with the price of silver. Mint stock will sit unsold at prices far above what the market will bear.
Yup. And if anyone thinks the 2025 proof eagles they just bought for $95 are going to be worth $125 or $150 when they reprice are going to find out otherwise. They are still going to be bullion price. The 2026 will be $125 or so until they sell a 100,000 or so, but then they will come down to meet the market price which is currently just bullion value.
The good news is bullion hasn't shown any signs of going down. But if bullion drops to $50, the proof eagles will be down to $58 again - where they were when silver was $50.
All comments reflect the opinion of the author, even when irrefutably accurate.
@PhillyJoe said:
"Crystal ball'n a $210 guess on unc Peace or Morgans when they go live again. $450 on reverse proof 2 coin sets."
And the ebay prices will follow right behind. The 2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks.
Gotta run -grandma's 52 piece sterling silverware in in the basement somewhere.
Don't count on it. EBay prices are actual, after market prices.
If the "2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks," they'll stay right there, and move up and down with the price of silver. Mint stock will sit unsold at prices far above what the market will bear.
Yup. And if anyone thinks the 2025 proof eagles they just bought for $95 are going to be worth $125 or $150 when they reprice are going to find out otherwise. They are still going to be bullion price. The 2026 will be $125 or so until they sell a 100,000 or so, but then they will come down to meet the market price which is currently just bullion value.
The good news is bullion hasn't shown any signs of going down. But if bullion drops to $50, the proof eagles will be down to $58 again - where they were when silver was $50.
I happen to think $125 or $150 is VERY optimistic. Based on the margins they seem to like, and the premium to spot the last time they repriced, I think the prices are going to be a lot closer to $200 than $150, let alone $125.
@PhillyJoe said:
"Crystal ball'n a $210 guess on unc Peace or Morgans when they go live again. $450 on reverse proof 2 coin sets."
And the ebay prices will follow right behind. The 2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks.
Gotta run -grandma's 52 piece sterling silverware in in the basement somewhere.
Don't count on it. EBay prices are actual, after market prices.
If the "2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks," they'll stay right there, and move up and down with the price of silver. Mint stock will sit unsold at prices far above what the market will bear.
Yup. And if anyone thinks the 2025 proof eagles they just bought for $95 are going to be worth $125 or $150 when they reprice are going to find out otherwise. They are still going to be bullion price. The 2026 will be $125 or so until they sell a 100,000 or so, but then they will come down to meet the market price which is currently just bullion value.
The good news is bullion hasn't shown any signs of going down. But if bullion drops to $50, the proof eagles will be down to $58 again - where they were when silver was $50.
I happen to think $125 or $150 is VERY optimistic. Based on the margins they seem to like, and the premium to spot the last time they repriced, I think the prices are going to be a lot closer to $200 than $150, let alone $125.
I was referring to the secondary market price not the Mint price. There was a discussion using those numbers on another thread.
They might go higher than $150. But it's really about fixed vs variable costs. If they opt for a $60 premium (which is what it used to be), then more like $150. If they want 100% mark up (which is what it used to be) then closer to $200.
All comments reflect the opinion of the author, even when irrefutably accurate.
I think people's jaws are going to drop when we see what the mint comes up with. Also the mint is crazy if they think sales will stay what they were, all the mintages will have to be adjusted down, which won't happen.
Sales for the UNC silver eagle may fall to 75k per year or even less. It was already 90k and that was high. I base this on the 100k privy proof not doing as well as they should. With mint prices coming in closer to those aftermarket now we can see the demand is down to perhaps 125k for proof.
We may not see a true adjustment for an entire year because the mint is always slower, and will drag their feet to make production approach demand. The best volume buys may be at the end of the year as the mint hurries to make issues completed.
Twenty Five 2025W ASE $ Proofs , Twelve 2025 PEACE Uncs , & Twelve 2025 Morgan Uncs arrived in great shape. No Cool Errors, no QC Problems. Most I ever paid for silver bullion:
49 $1 coins containing 45.6 ounces. $100.89 delivered per oz.
While waiting for next day delivery I figured out 14 Peace and/or Morgan retro coins are just a hair above 12 ounces .999 Silver. Easy Math for Stackers.
I will see if this was good or bad shopping opportunity in February after all those paper silver contracts came due end of January 2026. Asia is routinely above us sometimes $10 or more an ounce.
For a bit Japan market was $30 over per ounce.
USA sells paper silver contracts while manufacturers buy physical silver to consume.
@PhillyJoe said:
"Crystal ball'n a $210 guess on unc Peace or Morgans when they go live again. $450 on reverse proof 2 coin sets."
And the ebay prices will follow right behind. The 2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks.
Gotta run -grandma's 52 piece sterling silverware in in the basement somewhere.
Don't count on it. EBay prices are actual, after market prices.
If the "2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks," they'll stay right there, and move up and down with the price of silver. Mint stock will sit unsold at prices far above what the market will bear.
Yup. And if anyone thinks the 2025 proof eagles they just bought for $95 are going to be worth $125 or $150 when they reprice are going to find out otherwise. They are still going to be bullion price. The 2026 will be $125 or so until they sell a 100,000 or so, but then they will come down to meet the market price which is currently just bullion value.
The good news is bullion hasn't shown any signs of going down. But if bullion drops to $50, the proof eagles will be down to $58 again - where they were when silver was $50.
I happen to think $125 or $150 is VERY optimistic. Based on the margins they seem to like, and the premium to spot the last time they repriced, I think the prices are going to be a lot closer to $200 than $150, let alone $125.
I was referring to the secondary market price not the Mint price. There was a discussion using those numbers on another thread.
They might go higher than $150. But it's really about fixed vs variable costs. If they opt for a $60 premium (which is what it used to be), then more like $150. If they want 100% mark up (which is what it used to be) then closer to $200.
Actually, the last time they reset, it was over a 200% markup. I don't think they will get that crazy this time around, because the nominal dollars are larger, which is why I am guestimating 100%. But, given $5 daily moves, plus their penchant for obnoxious markups, I just don't think they will settle at $50, and will take the sales hit instead.
The last time, the markup was $60 on $30. Which was very obnoxiously at the time, and did seriously suppress sales. I just don't think they are going to settle for $50 on $100 this time around, even though that's precisely what the secondary market would dictate. TBD.
@Goldbully said:
Just did a quick check of the Mint Website, and it appears the silver repricing hasn't happened yet. I wonder what is going on? Are they taking their time to make the right business decision that won't impede future sales of silver coins?
At the same time, they are losing out on sales of their bread and butter silver offerings as they mull over the numbers.
Patiently waiting at home.
Yes. Expect this to take weeks. They need to publish in the Federal Register, and there is a statutory waiting period before they can implement any price change after publication in the Federal Register.
The last time they did this, they gave us a heads-up and a last chance to make purchases at the old prices. I'm guessing this time, the rise in the spot price was too large and too sustained for them to be willing to do this.
Didn't see any mention of the new silver prices in the Federal Register.
@HalfDime said:
I think people's jaws are going to drop when we see what the mint comes up with. Also the mint is crazy if they think sales will stay what they were, all the mintages will have to be adjusted down, which won't happen.
Sales for the UNC silver eagle may fall to 75k per year or even less. It was already 90k and that was high. I base this on the 100k privy proof not doing as well as they should. With mint prices coming in closer to those aftermarket now we can see the demand is down to perhaps 125k for proof.
We may not see a true adjustment for an entire year because the mint is always slower, and will drag their feet to make production approach demand. The best volume buys may be at the end of the year as the mint hurries to make issues completed.
2 Retro $ Reverse proof Peace & Morgan Unc are now $375, up from $215. Cannot imagine keeping that subscription live which is too bad as they are oddly addicting.
2025 Peace Unc & Morgan Unc now $169. Did I just pay $91 each ? Indeed, on the 13th of January.
The 2025W was $95 a pop are... $173 which is at the moment 2x face with a pretty capsule, coa and hinged box included.
I assumed a higher hike across all silver that happened and some gold got the bump too I see, as always, nicely inflated over melt. Seems I saved around $3,800 on newly inflated admission.
Yea, I know the 49 $ coins I acquired 3 days ago are only worth spot, or locally, actually less than spot at the big city coin shop.
At least I still got the OGP or that would have been an additional -$25 penalty each times 49 = Are You Serious ?
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
After seeing the increase I'm backing off my subscriptions to the minimum needed for my Dansco albums.
My question is why did the clad proof and uncirculated sets take a huge jump with the silver ?
i agree. the clad proof sets and uncirculated sets have been the only affordable item for many purchasers. The mint has now put those out of reach for some.
@Tom147 said:
After seeing the increase I'm backing off my subscriptions to the minimum needed for my Dansco albums.
My question is why did the clad proof and uncirculated sets take a huge jump with the silver ?
Yeah. Those are the only ones that surprised me. But they may have extra coins this year die to the SemiQ. And, frankly, based on all the Lincoln cent speculation with the 2025 sets, I think this price may be reasonable. I don't know that there is any other place to get the Lincoln
All comments reflect the opinion of the author, even when irrefutably accurate.
@grote15 said:
I foresee a ton of subscription cancellations.
You Know it my friend !!!!!
I'm holding mine
The Congratulations set also?
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@Goldbully said:
Just did a quick check of the Mint Website, and it appears the silver repricing hasn't happened yet. I wonder what is going on? Are they taking their time to make the right business decision that won't impede future sales of silver coins?
At the same time, they are losing out on sales of their bread and butter silver offerings as they mull over the numbers.
Patiently waiting at home.
Yes. Expect this to take weeks. They need to publish in the Federal Register, and there is a statutory waiting period before they can implement any price change after publication in the Federal Register.
The last time they did this, they gave us a heads-up and a last chance to make purchases at the old prices. I'm guessing this time, the rise in the spot price was too large and too sustained for them to be willing to do this.
Didn't see any mention of the new silver prices in the Federal Register.
Which is why you also don't see any coins for sale at the new prices. Since they are now up on the Mint website, we all now know what's coming.
Look for a notice in the Federal Register any day now, and then look for whatever they have stock in to be available for sale soon thereafter, but not before.
@grote15 said:
I foresee a ton of subscription cancellations.
You Know it my friend !!!!!
I'm holding mine
No, you cannot @NJCoin says precious little will be sold now. You will be the only one. Cancel now. Do it. Now.
TBD. Maybe wait and see what opening, and then sustained sales look like this year as compared to last before mocking me.
The Mint clearly is a little more attuned to demand destruction than in the past, as evidenced by them controlling themselves and not pricing at triple spot, or even at around $200 like I predicted.
That said, doubling prices, to around double around $90 spot, is still a VERY healthy increase. Let's see what demand looks like at these new prices.
The Congratulations Set should still be fine, which is probably what @jmlanzaf is talking about not canceling, because, with a 60K mintage, those coins will easily be worth more than $200 in the secondary market.
Maybe ask him, or yourself, how many special 250th privy, dual date proof ASEs you want at $173 a pop when they are "only" making 500K of them. My bet is that they sell fewer of them than the non-special 2025-W proof ASEs. Far fewer.
Ask @jmlanzaf if he wants one, or several, of the relatively few of them I think they are going to sell, given that 500K will be ready to go if the Mint finds buyers.
@Tom147 said:
After seeing the increase I'm backing off my subscriptions to the minimum needed for my Dansco albums.
My question is why did the clad proof and uncirculated sets take a huge jump with the silver ?
Yeah. Those are the only ones that surprised me. But they may have extra coins this year die to the SemiQ. And, frankly, based on all the Lincoln cent speculation with the 2025 sets, I think this price may be reasonable. I don't know that there is any other place to get the Lincoln
Even so, that seems crazy. In the past, they were the only place to get burnished coins. But the prices were never nearly this out of line.
$33.25 to $124.50? For clad? Feels like a mistake to me. If not, given how many they will make, even if it IS the only place to get a Lincoln cent, how much could a single zinc coin be worth when they are making 190K of them? The same number as last year at $33.25 each!
Seems VERY out of line when they will be selling a proof ASE with a mintage of 60K at $175. Which is also pretty expensive, and is going to take a lot of the juice out of any flip.
@Tom147 said:
After seeing the increase I'm backing off my subscriptions to the minimum needed for my Dansco albums.
My question is why did the clad proof and uncirculated sets take a huge jump with the silver ?
Yeah. Those are the only ones that surprised me. But they may have extra coins this year die to the SemiQ. And, frankly, based on all the Lincoln cent speculation with the 2025 sets, I think this price may be reasonable. I don't know that there is any other place to get the Lincoln
Even so, that seems crazy. In the past, they were the only place to get burnished coins. But the prices were never nearly this out of line.
$33.25 to $124.50? For clad? Feels like a mistake to me. If not, given how many they will make, even if it IS to only place to get a Lincoln cent, how much could a single zinc coin be worth when they are making 190K of them? The same number as last year at $33.25 each!
Seems VERY out of line when they will be selling a proof ASE with a mintage of 60K at $175.
As I said, that one surprised me the most. BUT, look at the prices for the 2025 sets. They'd no reason for the Mint to sell them for, say, $50 if they are going to sell for $200 in the secondary market.
All comments reflect the opinion of the author, even when irrefutably accurate.
@grote15 said:
I foresee a ton of subscription cancellations.
You Know it my friend !!!!!
I'm holding mine
No, you cannot @NJCoin says precious little will be sold now. You will be the only one. Cancel now. Do it. Now.
TBD. Maybe wait and see what opening, and then sustained sales look like this year as compared to last before mocking me.
The Mint clearly is a little more attuned to demand destruction than in the past, as evidenced by them controlling themselves and not pricing at triple spot, or even at around $200 like I predicted.
That said, doubling prices, to around double around $90 spot, is still a VERY healthy increase. Let's see what demand looks like at these new prices.
The Congratulations Set should still be fine, which is probably what @jmlanzaf is talking about not canceling, because, with a 60K mintage, those coins will easily be worth more than $200 in the secondary market.
Maybe ask him, or yourself, how many special 250th privy, dual date proof ASEs you want at $173 a pop when they are "only" making 500K of them. My bet is that they sell fewer of them than the non-special 2025-W proof ASEs. Far fewer.
Ask @jmlanzaf if he wants one, or several, of the relatively few of them I think they are going to sell, given that 500K will be ready to go if the Mint finds buyers.
Since you asked, i kept all my silver Eagle subscriptions. I also added a Morgan/Peace 2 coin subscription. [My other Morgan/Peace were turned off a few years ago. ]
I've adopted a wait-and-see approach to the 250th material.
I'm the 1st one to say, so I'll be consistent, 95+% of all Mint issues are long term losers. For most of the coins I buy, the question is more whether they are short term winners. Those are rarer these days also.
YMMV
All comments reflect the opinion of the author, even when irrefutably accurate.
@Tom147 said:
After seeing the increase I'm backing off my subscriptions to the minimum needed for my Dansco albums.
My question is why did the clad proof and uncirculated sets take a huge jump with the silver ?
Yeah. Those are the only ones that surprised me. But they may have extra coins this year die to the SemiQ. And, frankly, based on all the Lincoln cent speculation with the 2025 sets, I think this price may be reasonable. I don't know that there is any other place to get the Lincoln
Even so, that seems crazy. In the past, they were the only place to get burnished coins. But the prices were never nearly this out of line.
$33.25 to $124.50? For clad? Feels like a mistake to me. If not, given how many they will make, even if it IS to only place to get a Lincoln cent, how much could a single zinc coin be worth when they are making 190K of them? The same number as last year at $33.25 each!
Seems VERY out of line when they will be selling a proof ASE with a mintage of 60K at $175.
As I said, that one surprised me the most. BUT, look at the prices for the 2025 sets. They'd no reason for the Mint to sell them for, say, $50 if they are going to sell for $200 in the secondary market.
Yeah. But, if they are going to squeeze the juice out of everything, they are going to totally kill demand. Are they going to also give refunds when secondary market prices later collapse?
If not, they should price based on production costs and a margin. Not the secondary market. Unless they really, really, really just want to become the Franklin Mint, and destroy the desire of many to collect NCLT.
I have no problem with them making a buck, and using our hobby to put a tiny dent in the federal deficit, but $125 for a couple of bucks worth of clad change is taking it to an unjustifiable extreme. The prices of the 2025 should come way down when the 2026s hit the market, and people realize 2025 wasn't actually the last Lincoln cent.
If they want to make more money, they should make more of them at a reasonable price, rather than trying to turn annual uncirculated and proof sets into poor man's FH gold privies and Omega cents by "limiting" the mintage to only a couple of hundred thousand, and then charging stupid premiums for them.
Because it's going to ultimately backfire when people pay, not $30 or $40 for them, but $100+, and then find that they are sitting on nice pocket change in a few years. With zero precious metal upside when the apocalypse comes.
Which is why you also don't see any coins for sale at the new prices. Since they are now up on the Mint website, we all now know what's coming.
Look for a notice in the Federal Register any day now, and then look for whatever they have stock in to be available for sale soon thereafter, but not before.
Pardon my lack of knowledge on the subject.................
What is the purpose of putting the Mint's pricing increases into the Federal Register?
Mandated by law?
The Mint Website and the federal Register are both government run, so why all the fuss?
Comments
Nope they will move product. The wholesalers do not have a bottomless pit of merch.
The shops have very little. Unless silver price dumps there is a tsunami of demand for silver right now
Per the federal Register, the last time silver prices were adjusted was July 9, 2024.
Federal Register Link
Hat Tip @NJCoin
looks like it did actually ship
I am a long time mint customer but I did not receive this email, or this email was only sent to the subscribers?
I believe anyone with a Mint account should have received this email.
You have to subscribe for notifications.
I did.
Sounds great. Is there " a tsunami of demand for" proof ASEs at $200+?
Probably not. At $200+ I would only be selling before the crash.
Here's the banner on the Mint homepage.
I'm not sure about a crash. I'm equally unsure of robust demand for proof modern silver coins minted in the hundreds of thousands at $200+, even with silver at $100+.
For those keeping score at home, numismatic premiums fade as intrinsic value rises, but the Mint simply refuses to read the memo. If things don't change, they are going to absolutely kill demand for all the cool things they have planned for this year.
If nothing else, it should solve for ordering issues on release days.
what would you do with 500 OZ of fine silver?
sell it
if the mint wants to actually sell the peace/morgan then those price shouldn't be touched
I was sweating order #1 from 13th but in last few minutes it is now handed off, looking for my siggy by noon tomorrow.
Crystal ball'n a $210 guess on unc Peace or Morgans when they go live again. $450 on reverse proof 2 coin sets.
The price increase should be proportionate with 0.859 troy oz. silver content.
The Morgan and Peace $1's would fly off the shelf if the sell price was left untouched.
"Crystal ball'n a $210 guess on unc Peace or Morgans when they go live again. $450 on reverse proof 2 coin sets."
And the ebay prices will follow right behind. The 2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks.
Gotta run -grandma's 52 piece sterling silverware in in the basement somewhere.
It won't be. It will be exactly the same as the 1.000 oz. ASEs, in recognition of their lower mintages. Just like before.
Don't count on it. EBay prices are actual, after market prices.
If the "2021 reverse proof 2 coin sets were in the low $200's just the last couple of weeks," they'll stay right there, and move up and down with the price of silver. Mint stock will sit unsold at prices far above what the market will bear.
Yup. And if anyone thinks the 2025 proof eagles they just bought for $95 are going to be worth $125 or $150 when they reprice are going to find out otherwise. They are still going to be bullion price. The 2026 will be $125 or so until they sell a 100,000 or so, but then they will come down to meet the market price which is currently just bullion value.
The good news is bullion hasn't shown any signs of going down. But if bullion drops to $50, the proof eagles will be down to $58 again - where they were when silver was $50.
All comments reflect the opinion of the author, even when irrefutably accurate.
My silver Presidential medals are shipping today.
😊
I happen to think $125 or $150 is VERY optimistic. Based on the margins they seem to like, and the premium to spot the last time they repriced, I think the prices are going to be a lot closer to $200 than $150, let alone $125.
I was referring to the secondary market price not the Mint price. There was a discussion using those numbers on another thread.
They might go higher than $150. But it's really about fixed vs variable costs. If they opt for a $60 premium (which is what it used to be), then more like $150. If they want 100% mark up (which is what it used to be) then closer to $200.
All comments reflect the opinion of the author, even when irrefutably accurate.
I think people's jaws are going to drop when we see what the mint comes up with. Also the mint is crazy if they think sales will stay what they were, all the mintages will have to be adjusted down, which won't happen.
Sales for the UNC silver eagle may fall to 75k per year or even less. It was already 90k and that was high. I base this on the 100k privy proof not doing as well as they should. With mint prices coming in closer to those aftermarket now we can see the demand is down to perhaps 125k for proof.
We may not see a true adjustment for an entire year because the mint is always slower, and will drag their feet to make production approach demand. The best volume buys may be at the end of the year as the mint hurries to make issues completed.
Twenty Five 2025W ASE $ Proofs , Twelve 2025 PEACE Uncs , & Twelve 2025 Morgan Uncs arrived in great shape. No Cool Errors, no QC Problems. Most I ever paid for silver bullion:
49 $1 coins containing 45.6 ounces. $100.89 delivered per oz.
While waiting for next day delivery I figured out 14 Peace and/or Morgan retro coins are just a hair above 12 ounces .999 Silver. Easy Math for Stackers.
I will see if this was good or bad shopping opportunity in February after all those paper silver contracts came due end of January 2026. Asia is routinely above us sometimes $10 or more an ounce.
For a bit Japan market was $30 over per ounce.
USA sells paper silver contracts while manufacturers buy physical silver to consume.
Happy Friday !
Actually, the last time they reset, it was over a 200% markup. I don't think they will get that crazy this time around, because the nominal dollars are larger, which is why I am guestimating 100%. But, given $5 daily moves, plus their penchant for obnoxious markups, I just don't think they will settle at $50, and will take the sales hit instead.
The last time, the markup was $60 on $30. Which was very obnoxiously at the time, and did seriously suppress sales. I just don't think they are going to settle for $50 on $100 this time around, even though that's precisely what the secondary market would dictate. TBD.
ASEs are $169. Proofs are $173. Same for Morgans & Peaces.
Presidential medals are now $164.
Didn't see any mention of the new silver prices in the Federal Register.
You nailed it my friend !!
US coins used to be the cheapest among the Canada mint, UK, Monnaie de Paris, Perth and New Zealand, Right now, it is the most expensive.
2 Retro $ Reverse proof Peace & Morgan Unc are now $375, up from $215. Cannot imagine keeping that subscription live which is too bad as they are oddly addicting.
2025 Peace Unc & Morgan Unc now $169. Did I just pay $91 each ? Indeed, on the 13th of January.
The 2025W was $95 a pop are... $173 which is at the moment 2x face with a pretty capsule, coa and hinged box included.
I assumed a higher hike across all silver that happened and some gold got the bump too I see, as always, nicely inflated over melt. Seems I saved around $3,800 on newly inflated admission.
Yea, I know the 49 $ coins I acquired 3 days ago are only worth spot, or locally, actually less than spot at the big city coin shop.
At least I still got the OGP or that would have been an additional -$25 penalty each times 49 = Are You Serious ?
I foresee a ton of subscription cancellations.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
You Know it my friend !!!!!
I can’t cancel soon enough
I'm holding mine
All comments reflect the opinion of the author, even when irrefutably accurate.
After seeing the increase I'm backing off my subscriptions to the minimum needed for my Dansco albums.
My question is why did the clad proof and uncirculated sets take a huge jump with the silver ?
No, you cannot @NJCoin says precious little will be sold now. You will be the only one. Cancel now. Do it. Now.
i agree. the clad proof sets and uncirculated sets have been the only affordable item for many purchasers. The mint has now put those out of reach for some.
But if he's right, I'll own the only one!!! 🤑🤑🤑🤑🤑🤑🤑🤑🤑
All comments reflect the opinion of the author, even when irrefutably accurate.
Yeah. Those are the only ones that surprised me. But they may have extra coins this year die to the SemiQ. And, frankly, based on all the Lincoln cent speculation with the 2025 sets, I think this price may be reasonable. I don't know that there is any other place to get the Lincoln
All comments reflect the opinion of the author, even when irrefutably accurate.
The Congratulations set also?
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
I actually do have a subscription for one. I honestly don't even remember when I did that. But, for now, yes. I'm keeping that one.
All comments reflect the opinion of the author, even when irrefutably accurate.
Which is why you also don't see any coins for sale at the new prices. Since they are now up on the Mint website, we all now know what's coming.
Look for a notice in the Federal Register any day now, and then look for whatever they have stock in to be available for sale soon thereafter, but not before.
TBD. Maybe wait and see what opening, and then sustained sales look like this year as compared to last before mocking me.
The Mint clearly is a little more attuned to demand destruction than in the past, as evidenced by them controlling themselves and not pricing at triple spot, or even at around $200 like I predicted.
That said, doubling prices, to around double around $90 spot, is still a VERY healthy increase. Let's see what demand looks like at these new prices.
The Congratulations Set should still be fine, which is probably what @jmlanzaf is talking about not canceling, because, with a 60K mintage, those coins will easily be worth more than $200 in the secondary market.
Maybe ask him, or yourself, how many special 250th privy, dual date proof ASEs you want at $173 a pop when they are "only" making 500K of them. My bet is that they sell fewer of them than the non-special 2025-W proof ASEs. Far fewer.
Ask @jmlanzaf if he wants one, or several, of the relatively few of them I think they are going to sell, given that 500K will be ready to go if the Mint finds buyers.
Even so, that seems crazy. In the past, they were the only place to get burnished coins. But the prices were never nearly this out of line.
$33.25 to $124.50? For clad? Feels like a mistake to me. If not, given how many they will make, even if it IS the only place to get a Lincoln cent, how much could a single zinc coin be worth when they are making 190K of them? The same number as last year at $33.25 each!
Seems VERY out of line when they will be selling a proof ASE with a mintage of 60K at $175. Which is also pretty expensive, and is going to take a lot of the juice out of any flip.
As I said, that one surprised me the most. BUT, look at the prices for the 2025 sets. They'd no reason for the Mint to sell them for, say, $50 if they are going to sell for $200 in the secondary market.
All comments reflect the opinion of the author, even when irrefutably accurate.
Since you asked, i kept all my silver Eagle subscriptions. I also added a Morgan/Peace 2 coin subscription. [My other Morgan/Peace were turned off a few years ago. ]
I've adopted a wait-and-see approach to the 250th material.
I'm the 1st one to say, so I'll be consistent, 95+% of all Mint issues are long term losers. For most of the coins I buy, the question is more whether they are short term winners. Those are rarer these days also.
YMMV
All comments reflect the opinion of the author, even when irrefutably accurate.
Yeah. But, if they are going to squeeze the juice out of everything, they are going to totally kill demand. Are they going to also give refunds when secondary market prices later collapse?
If not, they should price based on production costs and a margin. Not the secondary market. Unless they really, really, really just want to become the Franklin Mint, and destroy the desire of many to collect NCLT.
I have no problem with them making a buck, and using our hobby to put a tiny dent in the federal deficit, but $125 for a couple of bucks worth of clad change is taking it to an unjustifiable extreme. The prices of the 2025 should come way down when the 2026s hit the market, and people realize 2025 wasn't actually the last Lincoln cent.
If they want to make more money, they should make more of them at a reasonable price, rather than trying to turn annual uncirculated and proof sets into poor man's FH gold privies and Omega cents by "limiting" the mintage to only a couple of hundred thousand, and then charging stupid premiums for them.
Because it's going to ultimately backfire when people pay, not $30 or $40 for them, but $100+, and then find that they are sitting on nice pocket change in a few years. With zero precious metal upside when the apocalypse comes.
@Goldbully said:
Pardon my lack of knowledge on the subject.................
What is the purpose of putting the Mint's pricing increases into the Federal Register?
Mandated by law?
The Mint Website and the federal Register are both government run, so why all the fuss?