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CoinTalk > Coin Forums > Coin Chat 2006 Mint/Proof Set Production

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LinkBack Thread Tools Rate Thread Display Modes 05-03-2006, 07:52 PM   #1 (permalink) azmojo Junior Member   Join Date: Oct 2005 Posts: 24 2006 Mint/Proof Set Production Anyone have any opinions on if the US Mint might curtail mint and proof set production for the year if metal prices continue to escalate? Or is this year's production pretty much done or established?   05-03-2006, 08:02 PM   #2 (permalink) Dockwalliper Coin Hoarder     Join Date: Oct 2003 Location: Tonawanda, New York Posts: 986 They still make plenty of profit. The bullion value of clad mint and proof sets is pennies and $37.95 for the silver proof set it is still more than double the bullion value. __________________ BNA #539   05-03-2006, 08:06 PM   #3 (permalink) azmojo Junior Member   Join Date: Oct 2005 Posts: 24 I should have been clearer. I thought they might cease production in order to save or hedge for next year, not because they might lose money. It stands to reason that the Mint will always charge whatever it takes to make profit. They can always melt down their production and use it again next year if it doesn't sell.   05-03-2006, 08:15 PM   #4 (permalink) Dockwalliper Coin Hoarder     Join Date: Oct 2003 Location: Tonawanda, New York Posts: 986 Why save or hedge? As you said they can charge what ever they need to to make a profit, this year,next year and every year. __________________ BNA #539   05-03-2006, 09:06 PM   #5 (permalink) 09S-V.D.B Coin Hoarder     Join Date: Oct 2005 Location: Atlanta Posts: 899 They'll just raise the price again.   Bookmarks Digg del.icio.us StumbleUpon Google Would you like to support CoinTalk? Coin Talk Code of Honor 1. Post unto others as you would have them post unto you. 2. Keep it clean, like a 1950s family television show. 3. If you don't like the coin, don't trash the person. « 2006 cent! | Value and Demand » Thread Tools Show Printable Version Email this Page Display Modes Rate This Thread Linear Mode Switch to Hybrid Mode Switch to Threaded Mode Rate This Thread: 5 : Excellent 4 : Good 3 : Average 2 : Bad 1 : Terrible Posting Rules You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules LinkBack LinkBack URL About LinkBacks

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