us mint is robbing us

Yep, it's high... but I am gonna grab a Jefferson spouse (aftermarket, of course). Where else can I get a proof Draped Bust ???

 

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Yea that's the one I really like , But for the same money you can get a high AU to low MS half cent :smile:hatch::hammer:
rzage

 

Hi Elaine,

I think you are right about the mint delivering someone else's rejects. Did that happen to you?
My first set of clad Mint Proof coins was so bad I would have been embarrassed to put them in my albums. I sent them back and today I received a new set. I know it is very improbable, but one of the statehood quarters seems to have the exact gouge and scratch as one in the set I returned to the mint.
It sure does get my 'coin rage' going when these things happen.
jeankay

 

i had to return my American bald eagle dollar 5 times before i got an undamaged one

 

the mint will not lower the price, period. It refuses to sell any coins cheaper than first established so the people who already bought them will not be upset about it. Makes for lower mintage coins, at a little higher of a cost.

 

Good grief, I don't get why people are terribly upset over this. One hundred years ago, when US struck commemorative half dollar coins, they were priced twice their face value and they were really unpopular as they were pricey. Today they are quite collectible. No reason why platinum coins aren't collectible in the next 100 years later. Tell me when people in the past were able to get a whole set. I don't think so.

 

I've talked with several collectors who agree with this line of thinking. And I have to admit that I can't recall ever seeing the mint lower its price on any offering once that priced had gone up. The same collectors I talked to think 2008 could be a "watershed" year for several coins/series because of the higher prices. Not everyone will be willing to pony up.

 

well, it may have been for different reasons, but anyone remember 1921 and the prices now?

 

You mean all I have to do is live another 87 years and the 2008 coins will be worth some real money? Sign me up! :whistle:

 

well you don't, but I certainly have a shot at it

 

lol

 

Robbing us ?

Europe is not giving us a free ride. The Brits , France and the other Euro based economies, are still hitting the collector even after the exchange very hard.
The mints have to be profitable . To what extent remains difficult to say. Dealers can change prices on line with sortware more then once a day. I would think that as long as a margin can be realized 24/7 then prices should reflect a changing market.
A great deal of what they sell is just bullion .

 

gold is 907