Is the Mint repricing way out of line? (Poll)
cheezhed
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Is the Mint repricing way out of line?
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Is the Mint repricing way out of line? (Poll)
This is a public poll: others will see what you voted for.
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Absolutely. Going from $33.25 to $124.50 for a mint set is outrageous
Why is a clad proof set $100???
Ridiculous
Insanity
They won't have to sell as many.
Jim
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I think that they will figure out that they screwed up with the sets that do not contain precious metals and will correct it downward, who knows perhaps $45 with 95% copper cents. They will sell very few over $100, and the same is true for the huge increase in AI proof and reverse proof sets.
Silver and gold products will be far more expensive depending on the spot market movement and may really have a negative effect on mintage levels for ASEs and gold products.
Not really considering the jump in silver prices. Always felt that collecting silver eagles from the mint that were never meant to enter circulation, at any time, was simply investing in bullion that happened to have a date on it; always at risk of future melt.
USAF (Ret.) 1985 - 2005. E-4B Aircraft Maint. Crew Chief and Contracting Officer.
✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
✓ Morgan Dollar GSA Hoard (1878 – 1891)
✓ Everyman Mint State Lincoln Cents (1909 – 1958)
✓ Matte Proof Toned Lincoln Cents (1909 – 1916)
Uncirculated Coin Set 2026
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$124.50
I find the Uncirculated coin set increase outrageous. $33 to $124 is totally out of line.
Always....
Then the subject of this poll needs to be more defined!
USAF (Ret.) 1985 - 2005. E-4B Aircraft Maint. Crew Chief and Contracting Officer.
✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
✓ Morgan Dollar GSA Hoard (1878 – 1891)
✓ Everyman Mint State Lincoln Cents (1909 – 1958)
✓ Matte Proof Toned Lincoln Cents (1909 – 1916)
I didn’t vote because there wasn’t an option that said “I don’t care because I’ve never bought any mint products anyway.” 😈
ANA LM
USAF Retired — 34 years of active military service! 🇺🇸
Not never, but not for a long time.
Its almost to bad that there's gotta be such a BIG money grab like that
And I don't think they're done raising prices yet...
I think they are for now.
All comments reflect the opinion of the author, even when irrefutably accurate.
The non precious metal prices are ridiculous. At this point, I would rather discontinue the clad proof set in favor of the silver proof set. If they are raising prices on uncirculated sets, might as well make it a silver uncirculated set. Either way, the hobby has collectively let go of clad coins and the hobby will may be better off if the only way to get current examples of clad coins is out of circulation.
Yes, with one caveat. We are the buyers. If you feel like they are trying to rip you off don't buy, especially when it comes to non-PM items.
I'm still fuzzy on the idea that I have to sell based on the cost to replace the item versus the cost incurred to make the item being sold. There may be some legitimacy for items containing PMs but for non-PM items it doesn't fly.
$100 is a lot for a clad set that will see a large percentage of its total production forgotten about in someone’s garage.
Last mint product I bought was a 1968 mint set. It was $3.50 I think. Still have it.
Remember that saying
whatever the market will bear 
Did the mint get a new CEO/Money manager?
Confucius Says
At the current time there may be a glut of fish in the pond...some hungry.
I voted yes, but to me it’s not really so much the pricing that keeps me from wanting to order mint products, it’s more that they are manufactured collectables and not real coins. Too many offerings and too easy for them to produce nothing but 69’s and 70’s with modern minting techniques. Why buy manufactured collectables when they can simply mint as many as they choose to?
Mr_Spud
**EXCLUDING the ( 2 ) Lincolns .... The face value is $5.80 in the uncirculated set.
UNREAL !!
It reminds me of collectible stamps and the U.S. Postal Service.
Original issue price was $2.50, but he wasn’t off by much. Face value was $1.33. Not $3.80. There was a single half dollar that year with two quarters, two dimes, two nickels, and three cents (third was S mint).
I'm sorry my friend , I was talking about the 2026 mint set
I'm guessing this is what we get when you have a Mint Director coming from the world of TV numismatic telemarketing. Based on this pricing, the whole Mint numismatic operation is now being run as though it was being run by HSN or The Coin Vault.
And to think my biggest fear going in was just that more of everything would be directed away from retail and towards the Big Boys. It turns out everything is now going to be a "special limited edition" at prices that are not really justifiable to an average collector. 190K for a clad uncirculated set at $124.50, when they barely sold that many at $33.25 before last year.
The timing sucks, given that I was pretty excited about the coming semiquincentennial offerings. But if $125 for a clad uncirculated set is not a mistake, everything is going to priced like a special limited edition Trump watch or Trump phone being sold on TV, and I might finally be cured of my addiction to collecting this stuff.
Amen...... I'm with you my friend !!!
Just noticed the American Innovation RP set nearly doubled. Was $32.25 now $60. My only set I keep up to date in a Dansco.
I quit in 2020. They raised prices then that I decided were never worth the price. Most definitely are not now.
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U.S. Army Veteran 1/11 ACR Fulda, Germany
Right! What's this set got to do with silver anyways? Why did they have to raise these prices too? I think the silver was just an excuse to raise everything.
The retail side of the US Mint is a for-profit enterprise. They're entitled to price their products as they wish, and we're entitled to pass on buying them if we wish.
I expected an increase on the silver items. But an $80 increase for an ASE seems a little steep at the moment. Do they really need a $90 premium to make a silver dollar? It's not like they can't reprice as needed.
The Clad increases are ridiculous. The P&D quarter rolls just increased from what... $42 to $56? Almost $30/roll for average circulation strike quarters in a pretty wrapper.
The $125 for a standard circulation quality "Mint Set". That is insane. There is not even $6 face of average strike coins here. Some of these sets look like they scoop the coins out of a ballistic bag with a shovel before putting them in the blister packs. How can they justify $119 over face for fancy packed pocket change?
Demand is strong and pockets are deep.
USAF veteran 1984-2005
Correct. But it's also a government agency that is supposed to be providing a service to the public and the hobby.
The Coin Vault, HSN and RCTV already exist as retailers ready, willing and able to provide overpriced numismatic product to the uninformed masses via an expensive distribution platform.
The Mint, OTOH, is the single largest manufacturer of coinage in the world. There is absolutely no excuse for it to be testing the limits of what the market will bear for, now, everything it sells, just because its new director comes from the world of numismatic telemarketing.
They are entitled to do whatever they want, including destroying the hobby by collapsing margins for their retail partners, pricing out collectors with limited means, and making even the occasional flip not worth chasing for would-be flippers. All that will be left will be people hoarding "limited edition" zinc cents at $50 each.
They are justifying it because they contain cents unavailable elsewhere, and because 2025 sets shot up in value in the expectation that they contained the last cents. But now that people know cents are going to be annual thing, I really can't see people putting a $50 premium on 200K of them going forward.
Many items with far lower mintages don't have that kind of premium over intrinsic value. People collected cents because they were an inexpensive entry point into the hobby. And because they circulated. Now you can't say either is still true. An ounce of silver costs $80 while two new pennies cost $120.
I can't see people chasing 200K zinc NCLT at these prices going forward. TBD, but they are limiting the mintage to the same 190K as last year. I bet they don't come close to selling out at $124.50 each, no matter how the 2025s are doing. And, I bet they also come back down to earth, once people see that cents are going to be included in all sets going forward.
Of course YES. I’ve been a loyal Mint purchaser since the early 80’s and as of 2023, have cut back to maybe 2 or 3 coins since then due to their greed. Last silver proof set I purchased was in 2020 for $63. 95 which essentially has the same configuration of coins for which the Mint is now charging $245.00. Come on! No one in their right mind is going to pay that much, unless you’re an idiot. I see their numbers dropping dramatically. The mint is done!
I couldn't agree with you more !!!
When do you see them coming back to earth ?
It won't be today...... Tomorrow isn't looking good either !
I don't. In my lifetime, they only rolled back prices once - in 2023 on the Morgan and Peace Dollars.
All kidding aside, if the new guy wants to run it more like a retail enterprise than as a service to the collector community, @jmlanzaf is right about future pricing. They will take advantage of their monopoly position to squeeze every last cent out of everything, driving out people who don't want to play, and making mint off everyone else.
No reason to roll anything back when there is no competition. Just demand destruction, which they might not care about, since the whole numismatic program is nothing more than a side hustle for them at the end of the day.
They make gazillions from seigniorage, in spite of the relatively small sums they lost on cents and still lose on nickels, and also make a lot from the bullion program. If they want to squeeze numismatics for as much as they can, nothing will stop them, and they might or might not react to lower demand.
My crystal ball honestly does not see out that far. And my fear is that they are going to squeeze me out of all the semiquincentennial goodies I have spent the better part of a year looking forward to. What I have learned, however, is that no amount of lobbying or whining here is going to change anything, because they have clearly already set a course that is going to last at least through 2026.
CORRECT !!!
It doesn't matter what the public thinks.
If you want mint products, you have mint prices.
Let them eat cake.
Sales will drop, then there'll be FOMO-driven purchases to raise them, especially with the sets being the only way to get the cent. Then come assorted well-managed promotions involving special labels and such to get the coins into the hands of "end users" who will be the ones holding the bag, as everyone else has finished making their money on them.
Will they be more profitable as a result? Maybe. I'm happy continuing to spend my money elsewhere.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
It is what it is.
Where else you going to get it?
I think the increase may be to avoid getting way too many orders than they can handle. Mint set sales haven't broken a million in decades, and if they mint doesn't sell them in rolls the only way you'll be able to get the 26 P & D Lincolns is in a Mint Set. if they were still only $33 sales figures would easily be in the multiple millions, and that might be more than they can handle. The $124 price will limit sales quite a bit. We might even see the lowest mintage for a non-proof cent in over 100 years. IMHO if you can sit on it for a while (after the usual peak/crash mint products always seem to go through in the secondary market) I think the mint set even at $124 is going to be a good deal.
Nowhere. I'll live without it. Demand is not inelastic, and they cannot just get whatever they want for anything they want to sell.
At least not from me. The 2026 cents are zinc NCLT. You do you. I'm not spending around $50 each for two of them, embedded in a $124.50 set that includes around another $5-6 in pocket change.
No. The increase is because they are being pigs, and want to monetize the fact that the sets will be the only place to get uncirculated 2026 cents. Not because they lack the capacity to make as many sets as people want, and to sell them all at $33 each.
After all, at the end of the day, they are the US Mint. They will be making and distributing hundreds of billions of other coins this year. Don't sell them short.
ATP don't buy from the mint. Boycott.
Proud follower of Christ!
Sure they can make billions of coins, but do they still have the capacity/packaging to put together millions of sets?
Yes, if they wanted to.
And, don't kid yourself. The number would be hundreds of thousands. Not millions.
Hasn't been for many, many years. Millions was 50 years ago. And, they did it then, they can certainly do it now.
Making artificial rarities to sell at auction, and limiting mintages on special coins like privy ASEs and FH gold coins is one thing. Restricting the public's ability to collect annual circulating coin sets is quite another. And then pricing the public out is really inexcusable for a public agency. Shame on them!
As do I. I have only bought one thing from the mint in the last 15 years and that was the ASE with the Marine corps privy and truthfully I would have paid whatever for it, hence my vote.