US Mint Suspends Three Numismatic Silver Products

Discussion in 'Coin Chat' started by fretboard, Apr 16, 2013.

  1. fretboard

    fretboard Defender of Old Coinage!

    Wow! Things are happening really fast, I wonder what's next? :D The US Mint figured out they wouldn't make as much money as they would have if silver was at a better price so they suspended three upcoming silver items including the 2013 ASE set. Check out the link.


    • 2013-W Proof American Silver Eagle
    • 2012-P Chaco Culture National Historical Park Five Ounce Silver Uncirculated Coin
    • 2012 Annual Uncirculated Dollar Coin Set with a 2012-W Uncirculated American Silver Eagle


    http://www.coinnews.net/2013/04/15/us-mint-suspends-three-numismatic-silver-products/
     
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  3. Ripley

    Ripley Senior Member

    Yep... no one wants their over priced crap.
     
  4. Lucky Cuss

    Lucky Cuss Cobrador de Plata

    I was actually going to ask the question today as to what protocols might be in place governing how the U.S. Mint adjusted pricing and production when gold and/or silver were in volatile phases, as in presently the case. I guess this is a partial answer....
     
  5. green18

    green18 Unknown member Sweet on Commemorative Coins

    Yeah, I read about that earlier this morning. Price readjustment time........the stuff is still gonna be expensive.
     
  6. statequarterguy

    statequarterguy Love Pucks

    The 2013 ASE set is still listed at $149.95 and says nothing about either coin being exclusive to the set. Hmm, what’s that, a $100 premium for 2oz of fancy bullion that they’ll sell three different ways before the mintage is high enough to doom it in the aftermarket? If silver stays low, maybe they’ll lower it to the correct price of around $79.95, which still more than doubles their money.
     
  7. silverfool

    silverfool Active Member

    been holding off on the ASE proof to get it with the Wunc and the 2pc set. I might make out from the mint for a change. still overpriced but cheaper than before, I hope.
     
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