Is Anybody Buying Anything From The Mint?

Discussion in 'US Coins Forum' started by Santinidollar, Apr 6, 2022.

  1. Millard

    Millard Coindog

    The Mint has priced itself out of the market in my opinion. At today's rate the 2021 Silver Proof set contains $22 worth of silver. the Silver Proof set price is $105. I don't see the numismatic value in that price/value difference.
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  3. EvanCrook1

    EvanCrook1 Member

    Would have liked to purchase a couple ASE's this year, but just recently received an email saying they were already sold out due to the enrollments.
    Santinidollar likes this.
  4. -jeffB

    -jeffB Greshams LEO Supporter

    I'll confess that I went nearly all-in on the Apollo commemoratives. Since then, I've mostly bought only to flip.
    Santinidollar likes this.
  5. Two Dogs

    Two Dogs Well-Known Member

    I am done with mint purchases. Their system can not handle the volume they create for the items that sell out in minutes. I refuse to participate.
    Santinidollar and wxcoin like this.
  6. Raymond Houser

    Raymond Houser Active Member

  7. fullhart

    fullhart Junior Member

    I also buy everything you do except the Commems. 20-30 years later and I couldn't sell them for what I paid for them.
    Santinidollar and green18 like this.
  8. wxcoin

    wxcoin Getting no respect since I was a baby

    That sealed the coffin for me with the 2021 Morgan and Peace dollar debacle.
  9. johnmilton

    johnmilton Well-Known Member

    The Ike that gets me is the 1973-S Proof silver coin. That piece was on the Grey Sheet for $250 almost 40 years ago. I sold the one I had for $175 after I twisted a dealers arm to pay me that. I gave him an offer he couldn’t refuse. I thought the bids were so high, that I couldn’t afford to keep it. Almost everything was overpriced in those days. Recently I bought one for $12 in an antiques store of all places!
  10. johnmilton

    johnmilton Well-Known Member

    If you bought the gold coins, you have a chance to be okay because of the increase in the price of bullion. For everything else, you are mostly underwater. I was surprised at the low bids when I decided to sell some of the pieces I have.
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  11. whopper64

    whopper64 Well-Known Member

    Only thing I've purchased is the 2022 American Women silver proof set for my daughter's coin collection.
  12. Two Dogs

    Two Dogs Well-Known Member

    It was the V75 eagles that did it for me.
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  13. onecenter

    onecenter Member

    Despite all the noes, somebody must be buying?
    Cheech9712, Santinidollar and green18 like this.
  14. Tusky Ranger

    Tusky Ranger Active Member

    Silver Eagles (proofs & burnished & "instant rarities" if possible and get them graded). I started Silver Eagles with just raw coins...then progressed to graded; so now I do both. I was gonna stop raw coins after 2021...didn't happen lol. I have subscriptions for the silver eagles (2 each). Given the current situation (sold out) I just may flip the 2nd coin. I buy the Innovation $ proof sets, and regular proof set. They are inexpensive; if they were more, I wouldn't buy them.
    Santinidollar likes this.
  15. baseball21

    baseball21 Well-Known Member

    And if it could handle the volume how do you think people would react when things sold out in literal seconds?
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  16. ldhair

    ldhair Clean Supporter

    For many years, I had to have one of everything that came out. About 2000, I quit. Never opened the last 30 boxes. No room to store any more or find anything when I want to look at it. If I sold it all the gold coins would cover my loss on the rest. I'm happy I pulled the plug when I did. Should have bought more gold but I was not thinking about the future value of the collections. It's a hobby.
    KBBPLL, Santinidollar and LakeEffect like this.
  17. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Just me and 'fullhart'......... devil.gif
  18. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Précisément, mon ami........:)
  19. UncleScroge

    UncleScroge Well-Known Member

    Same here, except that I got colorized purple heart for myself.
    Sting 60 and Santinidollar like this.
  20. kanga

    kanga 65 Year Collector

    The last thing I bought from the Mint was a 1985-S Proof Set.
    I could see the future at that point.
    "Buy Now! Sell for Less Later."
    Cheech9712 and Santinidollar like this.
  21. LakeEffect

    LakeEffect Average Circulated Supporter

    "Nobody buys from the Mint anymore because everything's always sold out." - Yogi Berra
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