This is going to hit wallets like a tsunami. The presidential medals which have been $90 for years just went up to $164 a piece. The regular silver proof set is going up to $245. The 1 oz comic art medals $200 each. This will have an upward effect on everything. Remember a few years back we were talking about ASEs getting to $100 soon. Looks like they blew past that threshold and will be $200 soon.
No doubt for done collectors it will. You can almost buy 2 ounces of generic rounds or bars at that price.
To be fair... silver went from $30/oz this time last year to $91/oz today..... there has always been a huge premium for this stuff, they're just adjusting to the new market and anticipating a continued rise so they don't have to keep re-pricing it.
Yep, same two words for me! I don't collect Proofs so I'm in the clear, besides the US Mint can kick rocks!
…I mean, I get it…adjusting prices has to happen thanks to silver’s rocket ship ride. But previous price hikes turned me away before the current silver streak, and I sympathize with all collectors who now feel doors slamming in their faces.
I agree. I have the sets up to last year, but the price was already ridiculous, so I guess I'm done. I wonder if I shouldn't get the '26 though, just for the cents, and then cancel after this year.
And what will they do if the price of silver 'tanks'? Will they be quick to respond with a price reduction? I doubt it. I'm placing a moratorium on mint products this year. I have to tighten the belt and not get buggered by the blasted's.....