Hyper-inflation has come to the United States Mint

Isn't Hyper-inflation something like inflation of 50% per month / 600% annual ?

Waiting for US Mint products on ebay/other sellers is a cheaper way of getting their products after release. I do that alot. But when you buy it at the US Mint it's like a car as you are paying for all the engineering, manufacturing and other overhead in order to design and manufacture the item. once it drives off the lot it's resale value drops assuming PM spot doesn't globally dramatically increase. Of course they are valuing their PM inventories on replacement cost, not acquisition cost which any good business would do.

2024 Annual Report

 

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Silver mining is going great guns, trying to feed the stomach that the public seems to have.

 

The mint does have no tax and $5 shipping going for it. Most people re-selling dont do it to lose money. Works on some products but won't on others.

 

The U.S. Mint has a legal monopoly on new U.S. coins, and they are charging monopoly prices. The citizens of this country pay taxes to support this institution, and it is unfairly using the position it is in to soak coin collectors.

The mint is issuing way too much new stuff, and the time to stop buying it has arrived. I have cut down to one silver Proof set a year, and nothing else. I'd like to keep that set going, but the mint is making it harder. The mint is no longer the collectors' friend.