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<p>[QUOTE="jaceravone, post: 543341, member: 9474"]Someday, I plan to write an article for everyone to read explaining why a bullion coin that the mint sells is marked up several hundred dollars above melt. I am guilty at one time or another for getting upset at the mint for charging many hundred dollars over melt for bullion coins. Once I became "educated" on factors that affect pricing, it became quite clear how the mint justifies the additional mark up they charge for a bullion coin. One of the many factors is packaging. I get fed up when I hear members complain about the "$300" packaging when that is only a fraction of the markup cost of the coin. WHen you buy a car, you don't just expect to pay the raw material price for the vehicle. NO! THe price of the vehicle includes markups that cover marketing, advertising, delivery costs, etc..... The mint is no different. So when you get mad that you are paying that $300 over melt for a bullion coin, just remember, you are buying more than just the metal, you are buying everything that goes into the marketing and production of the coin.[/QUOTE]</p><p><br /></p>
[QUOTE="jaceravone, post: 543341, member: 9474"]Someday, I plan to write an article for everyone to read explaining why a bullion coin that the mint sells is marked up several hundred dollars above melt. I am guilty at one time or another for getting upset at the mint for charging many hundred dollars over melt for bullion coins. Once I became "educated" on factors that affect pricing, it became quite clear how the mint justifies the additional mark up they charge for a bullion coin. One of the many factors is packaging. I get fed up when I hear members complain about the "$300" packaging when that is only a fraction of the markup cost of the coin. WHen you buy a car, you don't just expect to pay the raw material price for the vehicle. NO! THe price of the vehicle includes markups that cover marketing, advertising, delivery costs, etc..... The mint is no different. So when you get mad that you are paying that $300 over melt for a bullion coin, just remember, you are buying more than just the metal, you are buying everything that goes into the marketing and production of the coin.[/QUOTE]
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