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Danbury Mint issues first medallic collection in decades !!!
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<p>[QUOTE="mkwelbornjr, post: 613217, member: 17034"]Well they can't produce and sell these for the price of silver alone...there are other costs involved. They have to make a profit when selling anywhere from 1000-5000 sets. Even at $44.95 and silver at $14-15 an ounce, the margin is less than your average appliance you buy at Wal-Mart, Apple Laptop, etc.</p><p> </p><p>A complete set of old Danbury Mint or Franklin Mint medals on Ebay, in good shape with papers, always sells for more than spot...often much more. People do collect those sets. Very few were actually issued in many cases.</p><p> </p><p>A proof silver Commem from the US Mint can sell for over $40? And they are non-profit.</p><p>I would just buy them for the fun of it. A chance to get a medallic series just like would have been issued in the 1970's. I usually don't buy collectibles to sell.[/QUOTE]</p><p><br /></p>
[QUOTE="mkwelbornjr, post: 613217, member: 17034"]Well they can't produce and sell these for the price of silver alone...there are other costs involved. They have to make a profit when selling anywhere from 1000-5000 sets. Even at $44.95 and silver at $14-15 an ounce, the margin is less than your average appliance you buy at Wal-Mart, Apple Laptop, etc. A complete set of old Danbury Mint or Franklin Mint medals on Ebay, in good shape with papers, always sells for more than spot...often much more. People do collect those sets. Very few were actually issued in many cases. A proof silver Commem from the US Mint can sell for over $40? And they are non-profit. I would just buy them for the fun of it. A chance to get a medallic series just like would have been issued in the 1970's. I usually don't buy collectibles to sell.[/QUOTE]
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Danbury Mint issues first medallic collection in decades !!!
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