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Lower Silver Prices Should Equal Lower Unc P 5oz’er Prices
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<p>[QUOTE="Nate, post: 1183952, member: 31115"]The Mint priced the Hot Springs issue when silver was in the low $40s (sometime between April 10-12). They didn't raise the Hot Springs coin price as silver rose to $48+ by release day on April 28. On the flip side, silver is now down $5-$6 from when they originally priced these coins, so why should we expect a price drop when they didn't increase the price on the way up?</p><p> </p><p>Similarly, the Mint really doesn't suspend silver sales until the premium over spot gets very close to 0, which I think is fair. I bought some 2010 and 2011 silver proof sets just before sales were suspended when the prices were just a couple of dollars over the silver content. If you want the pricing to be more dynamic, you'll have to be prepared for more price increases as well as decreases. You can't get the best of both worlds.[/QUOTE]</p><p><br /></p>
[QUOTE="Nate, post: 1183952, member: 31115"]The Mint priced the Hot Springs issue when silver was in the low $40s (sometime between April 10-12). They didn't raise the Hot Springs coin price as silver rose to $48+ by release day on April 28. On the flip side, silver is now down $5-$6 from when they originally priced these coins, so why should we expect a price drop when they didn't increase the price on the way up? Similarly, the Mint really doesn't suspend silver sales until the premium over spot gets very close to 0, which I think is fair. I bought some 2010 and 2011 silver proof sets just before sales were suspended when the prices were just a couple of dollars over the silver content. If you want the pricing to be more dynamic, you'll have to be prepared for more price increases as well as decreases. You can't get the best of both worlds.[/QUOTE]
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Lower Silver Prices Should Equal Lower Unc P 5oz’er Prices
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