2022 Proof ASEs

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Glen2022
Glen2022 Posts: 1,005 ✭✭✭✭
in U.S. Coin Forum

CSN is presently selling 2022 proof Eagles with original government packaging for $69.95, even less than original mint pricing. Don't know if postage is extra. Limited quantity. Saw it on TV this morning. ShopCSNtv.com is website if interested.

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  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Interesting.... Must be a Mint volume buyer, but surprised at them undercutting the Mint price. Cheers, RickO

  • 1madman
    1madman Posts: 1,750 ✭✭✭✭✭
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    https://shopcsntv.com/2022-w-proof-silver-eagle-ogp.html

  • privatecoin
    privatecoin Posts: 3,853 ✭✭✭✭✭
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    Probably ones that didn't grade 70.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • BearlyHere
    BearlyHere Posts: 303 ✭✭✭✭
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    $10 shipping

  • telephoto1
    telephoto1 Posts: 4,966 ✭✭✭✭✭
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    @ricko said:
    Interesting.... Must be a Mint volume buyer, but surprised at them undercutting the Mint price. Cheers, RickO

    No bulk discount program on PSEs. These are flipper rejects that have been cracked and put back into the OGP.


    RIP Mom- 1932-2012
  • derryb
    derryb Posts: 38,605 ✭✭✭✭✭
    edited May 31, 2022 5:19PM
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    @telephoto1 said:

    @ricko said:
    Interesting.... Must be a Mint volume buyer, but surprised at them undercutting the Mint price. Cheers, RickO

    No bulk discount program on PSEs. These are flipper rejects that have been cracked and put back into the OGP.

    or not submitted at all, screened before submission. Note that they are selling graded 70's for $199+. Loss on the <70s is a cost of doing business.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • telephoto1
    telephoto1 Posts: 4,966 ✭✭✭✭✭
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    @derryb said:

    @telephoto1 said:

    @ricko said:
    Interesting.... Must be a Mint volume buyer, but surprised at them undercutting the Mint price. Cheers, RickO

    No bulk discount program on PSEs. These are flipper rejects that have been cracked and put back into the OGP.

    or not submitted at all, screened before submission. Note that they are selling graded 70's for $199+. Loss on the >70s is a cost of doing business.

    With a high enough percentage of 70s these are just gravy anyway.


    RIP Mom- 1932-2012
  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Yeah.... Likely screened and found to be 69 or lower. Cheers, RickO

  • MetroD
    MetroD Posts: 2,568 ✭✭✭✭✭
    edited May 31, 2022 1:18PM
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    @telephoto1 said:

    @ricko said:
    Interesting.... Must be a Mint volume buyer, but surprised at them undercutting the Mint price. Cheers, RickO

    No bulk discount program on PSEs. These are flipper rejects that have been cracked and put back into the OGP.

    I am not, repeat NOT, trying to start an argument. Just trying to learn something.

    According to the webpage for the 'Numismatic Bulk Purchase Program', the PSE is one of the products eligible for a bulk discount.

    Source

    Further, the product page for the bulk version of the 2022-W PSE, 22EA040, specifically mentions the discount.

    Source

    When did the Mint discontinue the discount for the PSE?

    Edited.

  • Goldminers
    Goldminers Posts: 4,414 ✭✭✭✭✭
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    I give a very big shout out to @MetroD, he or she has always provided a great service to the forum. There are always sources provided, and specific info that takes time to hunt down, and is often very accurate and informative.

    A lot can be learned by carefully reviewing in detail everything they post.

    My US Mint Commemorative Medal Set

  • jmlanzaf
    jmlanzaf Posts: 43,046 ✭✭✭✭✭
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    It's probably a loss leader. Wholesale price is actually higher than that.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • telephoto1
    telephoto1 Posts: 4,966 ✭✭✭✭✭
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    @MetroD said:

    @telephoto1 said:

    @ricko said:
    Interesting.... Must be a Mint volume buyer, but surprised at them undercutting the Mint price. Cheers, RickO

    No bulk discount program on PSEs. These are flipper rejects that have been cracked and put back into the OGP.

    I am not, repeat NOT, trying to start an argument. Just trying to learn something.

    According to the webpage for the 'Numismatic Bulk Purchase Program', the PSE is one of the products eligible for a bulk discount.

    Source

    Further, the product page for the bulk version of the 2022-W PSE, 22EA040, specifically mentions the discount.

    Source

    When did the Mint discontinue the discount for the PSE?

    Edited.

    I stand corrected. The last time I investigated this some time back they were not listed. That said I'm still not going to buy $20,000 worth just to save 3%


    RIP Mom- 1932-2012
  • Glen2022
    Glen2022 Posts: 1,005 ✭✭✭✭
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    Just received the uncirc eagles in this afternoon;s mail

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