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Anyone think it’s time for the mint to lower prices?
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<p>[QUOTE="NorthKorea, post: 2014623, member: 29643"]<a href="http://demandware.edgesuite.net/aarb_prd/on/demandware.static/Sites-USM-Site/Sites-USM-Library/default/v1414814448861/images/PDFs/PMPricingGrid.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://demandware.edgesuite.net/aarb_prd/on/demandware.static/Sites-USM-Site/Sites-USM-Library/default/v1414814448861/images/PDFs/PMPricingGrid.pdf" rel="nofollow">http://demandware.edgesuite.net/aarb_prd/on/demandware.static/Sites-USM-Site/Sites-USM-Library/default/v1414814448861/images/PDFs/PMPricingGrid.pdf</a></p><p><br /></p><p>Again, as I said before, as a taxpayer, I'm all for the US Mint remaining profitable.</p><p><br /></p><p>Beyond that, those claiming the US Mint has a monopoly are misunderstanding the word monopoly. Just because you're the only producer of a specific style of product doesn't mean you have a monopoly.</p><p><br /></p><p>Toyota doesn't have a monopoly over Camry or Prius model vehicles, since those are considered to be interchangeable with other mid-premium and hybrid vehicles. Similarly, the US Mint doesn't have a monopoly over one-ounce silver eagles, since others sell silver bullion products.</p><p><br /></p><p>Any argument that starts with "The US Mint is the only one who can mint US coinage" actually lends itself to failure, since that creates an inherent implication that ASEs should sell for a premium. If you don't like the size of the premium, you can always buy non-US Mint silver.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 2014623, member: 29643"][url]http://demandware.edgesuite.net/aarb_prd/on/demandware.static/Sites-USM-Site/Sites-USM-Library/default/v1414814448861/images/PDFs/PMPricingGrid.pdf[/url] Again, as I said before, as a taxpayer, I'm all for the US Mint remaining profitable. Beyond that, those claiming the US Mint has a monopoly are misunderstanding the word monopoly. Just because you're the only producer of a specific style of product doesn't mean you have a monopoly. Toyota doesn't have a monopoly over Camry or Prius model vehicles, since those are considered to be interchangeable with other mid-premium and hybrid vehicles. Similarly, the US Mint doesn't have a monopoly over one-ounce silver eagles, since others sell silver bullion products. Any argument that starts with "The US Mint is the only one who can mint US coinage" actually lends itself to failure, since that creates an inherent implication that ASEs should sell for a premium. If you don't like the size of the premium, you can always buy non-US Mint silver.[/QUOTE]
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Anyone think it’s time for the mint to lower prices?
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