With silver down almost 10% tonight (30 Nov) will the mint drop their prices on ATB 5oz?

jessewvu

or are they set and forget? I can't remember

19Lyds

You have to wait until Wednesday, I believe, which is when the prices are actually adjusted.

MGLICKER

With oil down a couple more bucks, maybe they will drop shipping fees.

EagleEye

Looks like the Swiss referendum failed.

Kudbegud

Even though the price of silver is down for the year the price of the 5oz ATB's has not changed from the January price. They are still at $154.95 for the uncirculated mint product.

The only floating price is the bullion product sold by the mint to preferred vendors then through them to dealers.

wiskerchew

Can't believe they dropped the subscription discount....fizzed me off for sure....

BAJJERFAN

<< <i>Looks like the Swiss referendum failed. >>



It did.

BackroadJunkie

<< <i>or are they set and forget? I can't remember >>

Any adjustment in silver prices has to be published though the Federal Register before being enacted.

They may adjust it for the next (2015) coin, but most, if not all the silver being used now was probably purchased at a higher price, so I'm not sure they'd actually lower the price on any of the 2014 silver products.

ricko

It will stay..... the silver at the Mint was purchased at higher prices. Until inventory cycles, the prices will not change. Cheers, RickO

CaptHenway

Ahem.......

Wabbit2313

Last night, end of the world for gold and silver. Today, green pastures.

Gold referendum fails and they do not have to buy a ton of gold...............price goes up. Blind leading the blind.

CoinZip

I don't follow gold and silver prices very often but it looks like its up today.....


Maybe the US market doesn't give a hoot about the world events ???

cladking

<< <i>Last night, end of the world for gold and silver. Today, green pastures.

Gold referendum fails and they do not have to buy a ton of gold...............price goes up. Blind leading the blind. >>




If ya' wanna worry about something worry about the world having jumped the shark.

CaptHenway

So, I guess people here want the Mint to raise the prices today to reflect the rebound in spots?

TwoSides2aCoin

<< <i>So, I guess people here want the Mint to raise the prices today to reflect the rebound in spots? >>




"Not I ", said the coin guy.

roadrunner

Looks like the silver take down failed. Mint is going to raise prices now.

BigA

<< <i>Looks like the silver take down failed. Mint is going to raise prices now. >>



Look again...