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<p>[QUOTE="19Lyds, post: 2141464, member: 15929"]$61.95</p><p><br /></p><p>And I think you are being w-a-a-y conservative on your estimates.</p><p>A Silver Eagle Proof, at 1 ounce of specially handled silver, is $48.95. Throw in a $10 fee to support some commemoration program and that single coin minus two thirds of the handling costs during production would be $48.95.</p><p><br /></p><p>And lets not forget the shipping costs that the US Mint is eating while giving a $4.95 global shipping costs regardless of how much is ordered.</p><p><br /></p><p>Sure, it's an expensive set but it's their product and they can set their price based upon what they estimate it will cost. Not to mention the fact that profits from coins such as this actually go toward paying the Mints (and the branch mints) operating costs enabling the Treasury Department to pay money "into" the Federal Governments General Fund instead of pulling money out of" annual tax revenues.</p><p><br /></p><p>In other words, the US Mint is the only profitable segment of the US Government through the sale of coins to the Federal Reserve Bank and to collectors such as us.</p><p><br /></p><p>I'll order 2 sets (if I can) and see where the market goes. Maybe one set will pay for the other or at the minimum displace the cost of one?[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2141464, member: 15929"]$61.95 And I think you are being w-a-a-y conservative on your estimates. A Silver Eagle Proof, at 1 ounce of specially handled silver, is $48.95. Throw in a $10 fee to support some commemoration program and that single coin minus two thirds of the handling costs during production would be $48.95. And lets not forget the shipping costs that the US Mint is eating while giving a $4.95 global shipping costs regardless of how much is ordered. Sure, it's an expensive set but it's their product and they can set their price based upon what they estimate it will cost. Not to mention the fact that profits from coins such as this actually go toward paying the Mints (and the branch mints) operating costs enabling the Treasury Department to pay money "into" the Federal Governments General Fund instead of pulling money out of" annual tax revenues. In other words, the US Mint is the only profitable segment of the US Government through the sale of coins to the Federal Reserve Bank and to collectors such as us. I'll order 2 sets (if I can) and see where the market goes. Maybe one set will pay for the other or at the minimum displace the cost of one?[/QUOTE]
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