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Is the US mint repricing the 2010 silver proof sets? Back on sale at $56.95. Load up time?
fivecents
Posts: 11,207 ✭✭✭✭✭
I notice the annual coin set page is down on the US mint website. May be repricing the 2010 silver proof sets upward to reflect higher silver prices?
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I ordered around 70 2010 silver proof sets on March 6. Shows "In stock and reserved".
<< <i>I see most coins are down, even the dollar direct ship program. I wonder why ?? >>
I heard thru the grapevine that the US mint was going to cancel the direct ship program. Scammers were buying the direct ship coins from the mint and turning them back in to the bank at face value. They were doing this for all the free miles or points on their credit cards from the large face value purchase. This is happening so much that the banks are complaining about ot to the mint.
<< <i>Me to.
I ordered around 70 2010 silver proof sets on March 6. Shows "In stock and reserved". >>
Mine are already delivered. You made a good buy, people that are busting these
into rolls are aready getting a return of about $20.00 a set. also these sets have very low
Mintage potential!!!
Good time to load up if you believe silver is going up.
<< <i>2010 silver proof sets are back up for at the US Mint sale at the same price..$56.95.
Good time to load up if you believe silver is going up.
Melt for silver Pcs. (Silver $35.93)
1) Dime -------- $2.59
1) Half -------- $12.99
5) Quarters-- $32.45 ( $6.49 Each )
________
TOTAL $48.03 +5.06 face for everything else $53.09
IF you Break them into rolls! recent prices realized on the bay.
each penny ------------- $4.54
Each Nickel -------------- $ .55
each Dime ---------------$3.65
each Quarter-$8.------$40.00
Each Half----------------$12.99
Each Sac.-----------------$3.13
Each Lincoln Dollar------$4.35
other $1 -$1.65 each---$4.95
___________
Total per set $ 74.16
56.95 - 5.06 = 51.89
Silver needs to rise to $38.775 to make the $51.89 equal to the melt value of the silver.
<< <i>subtract out the $5.06 in proof coins and you have 5 silver quarters, the silver half and silver dime.
56.95 - 5.06 = 51.89
Silver needs to rise to $38.775 to make the $51.89 equal to the melt value of the silver. >>
I Got my melt values from this site! http://www.coinflation.com/
Done.
<< <i>When are the 2010 ATB Quarters Silver Proof Set going back on sale? Isn't that a better deal? >>
It was the better deal...it looks like the Mint is repricing them though. No word on when they'll be back on sale.