Hyper-inflation has come to the United States Mint

The US Mint has raised prices on all items. The price increases are shocking. Here are a few examples.

Proof American Silver Eagle, was $95, now $173. An increase of 82%.
US Proof Set, was $40.25, now $107. An increase of 166%.
US Uncirculated Mint Set, was $33.25, now $124.50. An increase of 274%
Morgan Proof silver coins, was $95, now $173. An increase of 82%.
US Silver Proof Set, was $150, now $245. An increase of 63%.

The above are the 5 top selling items for 2025. All clad and silver items have price increases. I understand that the silver items need to move in step with the silver price, but I do not understand the large price increases for the non-precious metal items.

 

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End of the road for me and them.....at least till their stuff comes back down to earth. Till then I'll concentrate on after market values (if any materialize) and my classic commemoratives........

 

That's wild. The mint reminds me of how many thrift stores have gone. Instead of fair rates, they have gone completely greedy.

 

I haven’t bought from them in years due to over inflated prices. The mint raises their prices more than the government raises my social security income. And they still tax me in that as well.

 

I quit buying from them long ago. However I did look to see the price on the silver proof set because of our 250 year anniversary but quickly decided I can do without... $245.. ouch!

 

I can take a dealer tacking on an extra $35 on a (50 cent) commem I'm buying but I choke at the thought of paying hundreds more on mint products this year. My collecting endeavor has drastically shifted away from moderns. It's a hard decision to make but the Mint has now just outpriced themselves in my estimation.

 

I heard a suggestion that maybe they are short on silver and have raised prices so high in hopes to slow down the buying. Apmex won't accept an order below $500 now.

 

Haha, I’ve spent less than $500 at Ampex.

 

Wow - I can see for the silver sets - but why the other sets .... the uncirculated sets ???? 124.50 ...sounds like Greed !!!!

 

It's not hyperinflation as that term is defined.

The last time the mint set prices, silver was below $30/oz. They have had long term contracts and hedged against silver price increases. With silver now 3x or even 4x what they used to pay, it's no surprise that prices have increased.

Is it an absurd surcharge over melt? Yep. But it's always been so.

 

Agreed, it looks like silver is up something close to 200% from this time last year, so the silver increases are understandable, the customary premium over spot not withstanding.

The regular proof and uncirculated set increases are unfortunate, though. I'm sure a lot of collectors hoping to get the semiquincentennial coins are going to be disappointed.

 

Yes, they've been at this for a long time. They charged $10 for the 1971-S proof Ike dollar. It contained about fifty cents worth of silver at the time. 20x the bullion value. (I'm not defending the recent increases, just saying)