American Eagle Silver Proofs Now $59.95 !!!!

Obiwancanoli · June 6, 2011 6:17AM

Just got an email this morning advising that my subscription order for ASE's will soon be mailed, and oh, by the way, due to the rising cost of silver, the price is now $59.95. Each.

Since silver is, currently, at 36.61, that's a pretty hefty premium compared to prior years... about 64% premium!!!

I wonder... will flippers find it profitable to do so?

Who's ordering?

Frankcoins · June 6, 2011 6:19AM

<< Just got an email this morning advising that my subscription order for ASE's will soon be mailed, and oh, by the way, due to the rising cost of silver, the price is now $59.95. Each.

Since silver is, currently, at 36.61, that's a pretty hefty premium compared to prior years... about 64% premium!!!

I wonder... will flippers find it profitable to do so?

Who's ordering? >>

They were $23 for many years when silver was $5 to $9

derryb · June 6, 2011 8:30AM

got the same email. It was my reminder to cancel the subscription.

savoyspecial · June 6, 2011 8:56AM

let's not forget that a month ago i didnt see a proof ASE in sight for under $89

Obiwancanoli · June 6, 2011 9:23AM

True, that...

"They were $23 for many years when silver was $5 to $9"

That was before my time, sir

CCC2010 · June 6, 2011 9:45AM

Is PCGS going to designate a 25th Anniversary Label for these?

lightcycler · June 6, 2011 9:46AM

<< let's not forget that a month ago i didnt see a proof ASE in sight for under $89 >>

What happened to that?

I too canceled my subscription for 25. I'm an atb guy now. Died in the wool.

ianrussell · June 6, 2011 10:07AM

<< Just got an email this morning advising that my subscription order for ASE's will soon be mailed, and oh, by the way, due to the rising cost of silver, the price is now $59.95. Each.

Since silver is, currently, at 36.61, that's a pretty hefty premium compared to prior years... about 64% premium!!!

I wonder... will flippers find it profitable to do so?

Who's ordering? >>

Does this usually mean that the retail price is going to be $59.95 as well, or is that a special subscription rate?

- Ian

OPA · June 6, 2011 10:21AM

<< 

<< Just got an email this morning advising that my subscription order for ASE's will soon be mailed, and oh, by the way, due to the rising cost of silver, the price is now $59.95. Each.

Since silver is, currently, at 36.61, that's a pretty hefty premium compared to prior years... about 64% premium!!!

I wonder... will flippers find it profitable to do so?

Who's ordering? >>

Does this usually mean that the retail price is going to be $59.95 as well, or is that a special subscription rate?

- Ian >>

FYI...there is no such thing as a "special subscription rate" offered by the Mint. For some items, a bulk rate is available. That will be the tentative price for their retail customers, subject to change.

pf70collector · June 6, 2011 2:16PM

First year since 03 that I am no longer buying the proof ASE.

RobertS · June 6, 2011 2:21PM

Who ever priced them had to be toking the crack pipe a little too hard. I cancelled my subscriptions...

RedHerring · June 6, 2011 2:49PM

$60/ea is pretty rich with silver wavering around $36.

P.S. Wonder if the price will drop if silver goes to $28-$29 this summer?

lightcycler · June 6, 2011 7:58PM

<< Who ever priced them had to be toking the crack pipe a little too hard. I cancelled my subscriptions... >>

I will be watching the mintage on these. Will be interesting if it could come in at a low mintage. I just don't see how it can.

ldhair · June 6, 2011 9:15PM

I'm thinking we have always paid about 15 or 20 bucks for the box. Price sounds about right for this year. I'll buy one.

boucharda · June 6, 2011 9:22PM

I am buying some but I cut back the number on my subscription.....Too much into Pucks right now....

ianrussell · June 7, 2011 12:38AM

The price doesn't surprise me at all - I actually thought they were going to be priced at $65.

Any word on limits per household for this coin?

- Ian

2manycoins2fewfunds · June 7, 2011 12:43AM

Glad I dumped several hundred of the 2010s last week of April.

renman95 · June 7, 2011 1:09AM

Buy P-Pucks. Premium is only 55%.

ldhair · June 7, 2011 1:27AM

<< The price doesn't surprise me at all - I actually thought they were going to be priced at $65.

Any word on limits per household for this coin?

- Ian >>

100 pc.

Akbeez · June 7, 2011 12:55PM

Not much downside since generic SAE proofs are selling around $65-70 currently.

Expect the lowest prices mid summer, will pick up again in the fall.

INXS · June 8, 2011 12:09AM

Cant stop collecting them now need one for the Dansco.

messydesk · June 8, 2011 12:39AM

<< They were $23 for many years when silver was $5 to $9 >>

Which is a $14-18 markup over bullion value, but that included shipping, too. $60 seems quite reasonable with silver having recently flirted with $50, but not so much with it in the mid $30s. It would be nice if the mint priced these at "spot + $x".

American Eagle Silver Proofs Now $59.95 !!!!

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