Silver is over $41... when will the Mint raise their prices?

Discussion in 'US Coins Forum' started by dave92029, Jul 27, 2011.

  1. dave92029

    dave92029 Member

    The price of Gold coins change based on Spot bit not Silver. When do you think the Mint will halt sales ar raise prices on their silver coin sales? :yes:
     
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  3. Moonshine

    Moonshine ....................

    Didn't they recently raise the prices of the silver proof sets, etc. within the last 4-5 months?
     
  4. sodude

    sodude Well-Known Member

    I was just starting to wonder when they would suspend sales of the silver proofs again.

    The melt value of the 2010 quarters set is within about $3 of the Mint's price today (and within $5 for the 2011 set).

    I think they'll suspend within the next 24 hours if silver remains over $41/oz.
     
  5. ratio411

    ratio411 Active Member

    I read somewhere recently that they adjust PM coin pricing once a week.
    It was either Wed or Thursday... Last week they had a rush on gold to beat the adjustment.
     
  6. Dr Kegg

    Dr Kegg Star Note Fanatic

    I hope not. I didn't have a chance to buy the silver proof set yet.
     
  7. ronterry

    ronterry New Member

    With current events I'm not surprised were having a surge in silver prices.
    Doc which do see with a better outlook: Silver or some FRN's?
    Unless it's a RADAR, REPEATER, LATTER, LOW, REPLACEMENT, 50E, SILVER CERT, GOLD CERT, U.S. NOTE, NATIONAL, DEMAND, FRACTIONAL, ANY BLACK EAGLE NOT HELD TOGETHER BY TAPE, SIGNED, BINARY, FOUR IN A ROW OR BETTER, or ERROR! :D
     
  8. Kanderus

    Kanderus Active Member

    The mint raised their prices when silver hit $50/ozt. They better not raise it again for a while.
     
  9. sodude

    sodude Well-Known Member

    When silver hits about $44 the 2010 silver quarters set would be selling almost even with melt unless they raised the price from $39.95.
     
  10. rush2112

    rush2112 Junior Member

    Last time I went to make a purchase of silver bullion coins I was told to bring an extra $1000. in case the spot price changed in the 10 minutes it took to get the cash from my bank and pay for the order at the other bank.
    The person in charge didn't have a clue about precious metals, but my point is, up here in Canada, when purchasing from a bank, the price changes minute to minute and not locked in until you sign the purchase order and make immediate payment.
     
  11. ronterry

    ronterry New Member

    Anyone notice when they rised the price on the silver sets, they also rises the prices on their clad products? It's worse than APMEX! When silver goes up they're all over it, but when it goes down? They drag their feet! All of them are making a fortune on this BS!
    Even the folks that's printing our inflation are rises their prices on collectables!
     
  12. sodude

    sodude Well-Known Member

    The last sales suspension was on Monday April 18th when silver topped $43.
    Silver's over $42 this morning.
     
  13. 19Lyds

    19Lyds Member of the United States of Confusion

    Down to $38.86 now.
     
  14. coppell_collect

    coppell_collect Junior Member

    no worries now !!!! :eek:
     
  15. Forkeh

    Forkeh New Member

    I'm sure it'll be back up soon enough. But now would be a good time to buy stock in it. Maybe even wait a few more days, see if it drops any more.
     
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