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ATB pucks for 2013
Senex
Posts: 483 ✭
Just looked at the Mint's product schedule for 2013 - seem they listed the pucks @ $244.95.
Good job Mint, series isn't selling, price of silver is WAY down - jacking up the price to bound to increase sales!
Good job Mint, series isn't selling, price of silver is WAY down - jacking up the price to bound to increase sales!
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sounds spot-on for human behavior
.
"America the Beautiful 5 oz. Silver Bullion Coins generated a loss of $0.5 million on sales of $14.3 million. After demand for the coins exceeded production quantities for the 2010 inaugural year, the US Mint significantly increased production for the 2011 releases. The first two designs for this year sold out, however orders for the final three designs received substantially fewer orders. During the 2012 fiscal year, the US Mint recorded a one time expense to write down approximately 842,000 ounces worth of inventory which were deemed "unsellable." Production quantities were scaled back for the 2012 releases.
In the previous fiscal year, the ATB Silver Bullion Coins had generated net income of $3.0 million on revenue of $110.0 million."
us-mint-bullion-program-revenue-falls-silver-eagles-generate-loss-1781
Holy Cow, 842,000 oz divided by five ozs equals 168,400 pucks unsold, which are probably the increased production referred to in 2011.
Time to fire up the melting pots!
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Just looked at the Mint's product schedule for 2013 - seem they listed the pucks @ $244.95.
Good job Mint, series isn't selling, price of silver is WAY down - jacking up the price to bound to increase sales! >>
Doesn't bother me. For the few designs I like, the bullion versions (at a modest premium to melt) work just fine.
My Adolph A. Weinman signature
<< <i>Based on all the negativity, sounds like there may be some very small mintages.
The smaller the better IMO, since I have them all.
I'll keep buying 'em as long as they keep minting 'em!
I really like these things!
Box of 20
<< <i>
<< <i>Based on all the negativity, sounds like there may be some very small mintages.
The smaller the better IMO, since I have them all.
I'll keep buying 'em as long as they keep minting 'em!
I really like these things!
Same here. They are the largest and heaviest coins ever minted by the US and the theme of America the Beautiful lends itself to some very attractive and interesting coins.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Sales of these coins will have to fall well under 10,000 before I am interested. >>
Don't hold your breath waiting for that to happen.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
They all look the same to me.
Maybe I should turn them over.
My Adolph A. Weinman signature
(l8-)>>
It's not likely that the same will be true for 2013's.
My Adolph A. Weinman signature
