America the Beautiful 5 oz. silver bullion coins

And exactly how should they "not allow" them to sell at this ridiculous markup. Once the Mint sells the coins they don't belong to them anymore, and a person or company that owns an item can legally ask anything they want for it. It's called free enterprise. I really don't want to se th government stepping in and setting the prices in the secondary market. Apparently at least right now the secondary market is supporting the $1400 price, would you want the Mint to sell the coins to the distributors an then tell them they can't sell them for more than $180 and then the buyer are able to get the $1400? Hardly fair, so maybe the government should pass legislation that no one may sell a coin for more than 5% more they paid for it. Or maybe since the market is supporting the $1400 price the mint should sell them to the distributor for $1300. That way the distributors aren't "ripping you off".

 

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Next Available Date 12/17/2010

http://www.apmex.com/Category/110/America_the_Beautiful_Silver_Bullion_Coin™_Program.aspx

 

I think that's the ship date for the ones they sold already.

 

Austin Coins is $2100 for the set of 5 today!

 

It's being stated on another thread that the US Mint may cancel the current distribution plans for the ATB 5 oz. coins. Has anyone here heard anything more about that?

 

Here is a link to the source:

http://news.coinupdate.com/america-the-beautiful-silver-bullion-coins-halted-0563/

TC

 

Check out Provident Metals site, they have sets listed for $899.95:

http://www.providentmetals.com/2010...utiful-5-coin-set-brilliant-uncirculated.html

TC

 

I'm of the opinion that NO outside agency should be getting any Government product which is not available to the general public at the Mint. I also think the unsold limited mintage coins should stay in inventory until sold out, not just some arbitrary date.

 

I agree. I just tried to switch my order with the Royal Mint from a 2010 Silver Britannia to a 2020 Silver Proof Britannia and they said they were no longer selling them. Sucks because now I have to pay the mark up. Not saying that a business trying to make money through a mark up is bad, just saying it sucks when I could have not paid it.