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<p>[QUOTE=&quot;krispy, post: 979715, member: 19065&quot;]Today&#039;s spot ask price @ the close of NY markets was $18.40. </p><p><br /></p><p>Bullion ASEs each sell for spot plus $2 or more per ounce. About $20.40 (minimum)</p><p><br /></p><p>The US Mint&#039;s subscription page for 2010 ASEs still reflects prices similar to the last ASEs that were offered: Proof-W <a href="http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&amp;storeId=10001&amp;productId=10365&amp;langId=-1&amp;parent_category_rn=10201" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&amp;storeId=10001&amp;productId=10365&amp;langId=-1&amp;parent_category_rn=10201" rel="nofollow">$31.95</a> and Unc-W $<a href="http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&amp;storeId=10001&amp;productId=13941&amp;langId=-1&amp;parent_category_rn=10201" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&amp;storeId=10001&amp;productId=13941&amp;langId=-1&amp;parent_category_rn=10201" rel="nofollow">25.95</a> each.</p><p><br /></p><p>Those prices would surely increase if the collector versions of 2010 ASE are released this year. I don&#039;t know how much but just look at the difference from those prices to market spot price today.</p><p><br /></p><p>ASE Bullion $20.40</p><p>&nbsp;</p><p>ASE Proof: $31.95 - $18.40 = $13.55 over spot [I believe I saw Elaine_1970 posting an estimate in the low $50 range for Proofs]</p><p><br /></p><p>ASE Unc-W: $25.95 - $18.40 = $7.55 over spot [I believe I saw Elaine_1970 posting an estimate in the mid to upper $30 range for Uncs]</p><p><br /></p><p><br /></p><p>Now, let&#039;s look at the competition, the 5 oz. 2010 Mexican Libertad selling from Apmex today at the following prices:</p><p><br /></p><p>Proof: $<a href="http://www.apmex.com/Product/57114/2010_FIVE_Ounce_Silver_Libertad___PROOF.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.apmex.com/Product/57114/2010_FIVE_Ounce_Silver_Libertad___PROOF.aspx" rel="nofollow">199.95</a> [Currently *again* sold out] </p><p>They were selling earlier this year for $199.95 back in the third week of March when silver spot was $17.08/oz. ask and $20.57/oz. Apmex Ask price]</p><p><br /></p><p>Unc: <a href="http://www.apmex.com/Product/57113/2010_FIVE_Ounce_Silver_Libertad___Brilliant_Uncirculated_.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.apmex.com/Product/57113/2010_FIVE_Ounce_Silver_Libertad___Brilliant_Uncirculated_.aspx" rel="nofollow">$131.95</a></p><p><br /></p><p><br /></p><p>If the US Mint offers a new series 5 oz. coin, and we (for now) go by today&#039;s spot price and using the old ASE prices listed above, at a minimum we would expect to see prices around this range, minimum!:</p><p><br /></p><p>Proof-W $159.75</p><p><br /></p><p>Unc-W $129.75</p><p><br /></p><p>I would suggest we add another 15% to those prices (plus consider your shipping expenses later too):</p><p><br /></p><p>Proof-W $159.75 + 15% ($23.96) = $183.71</p><p><br /></p><p>Unc-W $129.75 + 15% ($19.46) = $149.21</p><p><br /></p><p><br /></p><p>Now those prices are approaching that of the Mexican Libertad 5 oz., yet they&#039;re unattractive looking prices for the consumer perusing the Mint site. They would certainly adjust them to look like other numbers you are accustomed to seeing on the Mint&#039;s product listings. maybe:</p><p><br /></p><p>Proof-W $199.95 or $205.00</p><p>&nbsp;</p><p>&nbsp;Unc-W $159.95 or $165.00</p><p><br /></p><p><br /></p><p>There&#039;s just no way that these Park 5 ounce coins are going out the door for anywhere near market spot prices or under $100 like an earlier poster is holding out for. The economy is not improving sufficiently this year to warrant lower silver prices, in fact silver was up over 2% today. With the amount of money the Mint has into the program to date to figure out how to Mint these coins and to do so in a timely fashion with the release of the other Parks products while marketing is backing them, they would sooner not release the 5 oz. coins or find a way to get the coin legislation changed to prevent their release than to be forced to sell them for less than they bought the blanks for and they certainly are not going to offer them for far less than the competition.</p><p><br /></p><p>Just some things to consider...[/QUOTE]</p><p><br /></p>

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