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<p>[QUOTE=&quot;johnmilton, post: 7845470, member: 101855&quot;]If a private business had the same pricing policies as the mint, it would have gone out of business by now.</p><p><br /></p><p>The mint raised the price of large medals from $39.95 to $150, and almost 400% increase at one time. They did not lower the price of the silver Proof set from $120 despite the fact that there are three fewer silver quarters in it. The latest Gold $100 piece is priced at $900 over melt.</p><p><br /></p><p>No private business could do that, but since the mint is a government monopoly, they charge monopoly prices and can stay in business. Even if the elasticity of the demand has reached the point when their higher prices result in less revenue and operating losses, the mint is protected by its government status.[/QUOTE]</p><p><br /></p>

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