Info On US Mint Purchases

Discussion in 'Coin Chat' started by Randy Abercrombie, Dec 17, 2018.

  1. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    As long as I been playing with coins I have never purchased from the mint. I will be buying the Apollo commemoratives when they become available on January 24th. At what point does the mint show what the different coins and sets will cost?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Any day now. So if I don't get mine, you're to blame?
     
    Randy Abercrombie likes this.
  4. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Probably so. I am rather jazzed about this release.
     
    Dave363 likes this.
  5. Clawcoins

    Clawcoins Well-Known Member

    gonna be expensive as I plan on getting all 8 products ...
     
    Randy Abercrombie likes this.
  6. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I was hoping to get a handle on how much so I could determine how deep I was going to dive into this set.
     
  7. Clawcoins

    Clawcoins Well-Known Member

    I've forgotten but I think they release prices about 30 days before release as they contain Silver, Gold, etc. so it's based on market values.

    But other articles do list the Premiums they'll be charging
    They have listed the "surcharges" though listed at the bottom of this article

    https://www.coinworld.com/news/us-coins/2018/10/us-mint-unveils-2019-apollo-11-coin-designs.all.html


    "
    Surcharges
    The purchase price of each commemorative coin will include a surcharge — $35 for each gold coin, $10 for each 1.5-inch silver dollar, $5 for each half dollar, and $50 for each 5-ounce silver dollar.

    The net surcharges, after the U.S. Mint has recouped all of its production and associated costs, are to be divided between three recipients.

    Fifty percent of the net surcharges are to be paid to the National Air & Space Museum to finance construction and maintenance of its “Destination Moon” exhibit and construction of a traveling version of the exhibit, and 25 percent each will go to the Astronauts Memorial Foundation and Astronauts Scholarship Foundation."
     
    Last edited: Dec 17, 2018
    Taurus57 and Randy Abercrombie like this.
  8. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I'm in for only two - BU dollar and BU half, period. No gold, no pucks, no proofs.
     
    Randy Abercrombie likes this.
  9. LakeEffect

    LakeEffect Average Circulated

    The Mint publishes a schedule on their site (the link takes you to 2018, use the pull-down to see 2019). If you create an account, you can get e-mail notifications as well, should you desire.
     
    Randy Abercrombie likes this.
  10. Sullysullinburg

    Sullysullinburg Well-Known Member

    Price Pending, I'm hoping to pick up most or all of these. Will the mintage and household limit come out around the same time as the price?
     
  11. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I keep going back to see if they are unveiling the costs for this series. Nothing updated yet. It occurs to me.... Is this current budget hold up affecting the US mint?
     
    LakeEffect likes this.
  12. LakeEffect

    LakeEffect Average Circulated

    Great question, Randy. After some googling, I learned the following:
    • The Department of the Treasury is affected.
    • The U.S. Mint is not.
    From an article in Coin World:

    “The United States Mint is funded by its own Public Enterprise Fund, not by annual appropriations,” U.S. Mint spokesman Michael White said Dec. 21. “As a result, the Mint will be open for business and operate normally throughout any lapse in funding.”

    (You may have to disable your ad blocker to get the coin world site to load)
     
    Randy Abercrombie likes this.
  13. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Thank you for that article.
     
Draft saved Draft deleted

Share This Page