I just noticed, they have a limit of 1 on the gold pieces? wow My waiting room is going to have some really nice ash trays sitting around. Good use, Right @Sullysullinburg ?
Limit of 1 assures that will happen. The website will crash countless times and barely work while the big boys will suck everything up with their countless buyers clogging the lines and better internet.
They’ve stopped subsidizing the half dollars and are charging based on all-in costs of production and marketing.
Based on the 2018 PM SCHEDULE, the introductory GOLD prices will be: Avg Spot...…….Proof.......Uncirc $1200-$1249...$406.50... $396.50 $1250-$1299...$418.75... $408.75 (current price range) $1300-$1349...$431.00... $421.00 I'm in on the 5 ounce, 1 oz Proof and MS Silver and maybe a Proof Gold. Hahaha....the BIG BOYS don't mess around....
All the misc online places mock them up and put them up on eBay. Happens on all the coins that aren't released yet. PreRelease SALES !!
There's some creative math going on there then or some extreme inefficiencies considering the British Mint can make a profit off of 50p coins that they sell for 10 pounds and about 1.77 of that price is from the GST. Australia makes a profit off of half dollars that they sell for 10 AUD where again about a dollar of that is from GST
Wow -- I somehow missed the dollar composition change. I remember discussion here about the legislation to allow .999 in place of 90%, but didn't realize it was happening.
are those british coins convex/domed in shape or flat for engineering/development pricing aspect of it?
Flat, but the convex/domed work was all done on the baseball coins a couple years ago with the exception of the 5 oz frisbees. There shouldn't have been any reinventing the wheel with the halfs
no reinventing assuming they "perfected" it the first time. I assume the design/engineering costs are still higher then flat coins. The process from original casts to the die I assume are more expensive and time consuming. But I've never seen (nor searched for) breakdowns for these costs. plus maybe they just want to "profit" from it more due to the difference from regular, flat coins.
I'm pretty sure that's what it is more than anything, but even the normal commemorative halfs have a stiff price
just remember, NEW anything you are paying for the Design/Engineering, Manufacturing/Production, Distribution and all the salary costs in between whether it's new Cars, new bicycles, etc. thus the reason depreciation hits are so heavy in many things. Gov't minted Coins are no different except you don't pay anything extra for Circulated coins.