$20 for a 2011 Clad Half! The Mint has Lost Touch With Reality This Year.

blue594

The Mint prices this year defy logic.

For example:
It costs them roughly 7.3 cents to make a quarter. The Fed gives them 25 cents each, nice sieinorage.
It is very hard to find an ATB quarter, so paying $35.95 for a 100 coin bag ($25 face) in 2010 was livable. It was $32.95 in 2009.
For 2011 the price has gone up to $49.95. It went up $14, almost 40%. What could possibly justify that increase?

Medal prices have risen MORE than %100.

The Commemorative CLAD Half Dollars will be priced as follows:
50c Clad Proof - Introductory Price = $17.95, Regular Price = $21.95
50c Clad Uncirculated - Introductory Price = $15.95, Regular Price = $19.95
Granted, the surcharge is $5, but I still think it is too high.

$60 regular price for the silver dollar?

They are really going to be driving people away. They are blowing it. Really blowing it.

Mint News Blog has a good article at http://mintnewsblog.blogspot.com/2011/01/2011-us-mint-product-prices.html

John

BaronVonBaugh

Link

blue594

Thanks BVB.

pf70collector

Ouch. I just bought all the 2 roll sets of this year's sets last week. Will seem like a bargain at 32.95. What hurts is the spouse medal sets increasing from 14.95 to 19.95. I am collecting these.

giorgio11

The Mint lost touch with reality sometime around 1875. Now they are out somewhere in Ursa Minor.

jmski52

Let's review...................it's the Mint.

Since anyone in the government will readily tell you that there is NO inflation, it appears that the Mint is being excessively greedy.................again.

BillyKingsley

I was going to get the Buisness Strike...but maybe not. Perhaps it will come down in price on the secondary market.

291fifth

Just say no.

RTS

To me it's not unrealistic if people buy them. If the reality is that people buy
them then it seems the Mint is actually in-touch with reality.