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How the u.s. mint set its prices?.
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<p>[QUOTE="line_grade, post: 232059, member: 3078"]Don't know what milk has to do with the hobby but I do know that although the milk business, at least at the "cow" level, may not be heavily regulated it is heavily subsidised. If it were not for the government subsidies a gallon of milk at the consumer level would be in the neighborhood of $8.00. Regarding the mint pricing, I think it is fair. What other organization or company that had "proprietary" control over a consumer item would charge what the mint charges? You think Exxon would sell gas at $3.00 a gallon if they were the only game in Dodge?..please!</p><p><br /></p><p>The mint for the most part, produces a beautiful work of art pretty much with every coin or bill they make. Even though some coins or sets are sold with a limited production limit, the mint charges a reasonable price. I'm sure the mint knew the demand for an item, such as the 2006 Silver Anniversary set, would be in demand far above the 250,000 production limit, yet the price was $100. Of course a lot of people were even complaining about that price. Well the set is pushing the $600 level on E-bay. In my heart of hearts, I feel the mint knew they had a winner there and yet kept the price where their "cost formula", whatever it is, put it. Common folks, you all want some cheese with that whine...!![/QUOTE]</p><p><br /></p>
[QUOTE="line_grade, post: 232059, member: 3078"]Don't know what milk has to do with the hobby but I do know that although the milk business, at least at the "cow" level, may not be heavily regulated it is heavily subsidised. If it were not for the government subsidies a gallon of milk at the consumer level would be in the neighborhood of $8.00. Regarding the mint pricing, I think it is fair. What other organization or company that had "proprietary" control over a consumer item would charge what the mint charges? You think Exxon would sell gas at $3.00 a gallon if they were the only game in Dodge?..please! The mint for the most part, produces a beautiful work of art pretty much with every coin or bill they make. Even though some coins or sets are sold with a limited production limit, the mint charges a reasonable price. I'm sure the mint knew the demand for an item, such as the 2006 Silver Anniversary set, would be in demand far above the 250,000 production limit, yet the price was $100. Of course a lot of people were even complaining about that price. Well the set is pushing the $600 level on E-bay. In my heart of hearts, I feel the mint knew they had a winner there and yet kept the price where their "cost formula", whatever it is, put it. Common folks, you all want some cheese with that whine...!![/QUOTE]
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How the u.s. mint set its prices?.
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