Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Man, Oh Man We's Gettin' Hosed By The U. S. Mint
>
Reply to Thread
Message:
<p>[QUOTE="John Burgess, post: 4941589, member: 105098"]"<i>In order for the United States Mint to cover rising costs"</i></p><p><i>meaning, sick leave and overtime costs to keep production up.</i></p><p><i>in other words, they are making the collectors pay for what they have to do.</i></p><p><i><br /></i></p><p><i>2019 Silver proof set was $54.95, 2020 was $63.25. Now increase it to $105,I'm not going to do the math but that's a lot of markup, and not just for the silver increase.</i></p><p><i><br /></i></p><p><i>Silver content is 1.65 oz. (46.89 g) (these sets are 99.9, half, dime, 5 quarters)</i></p><p><i><br /></i></p><p><i>Silver price today is, I dunno, $25.00 or so an oz. even if we go to $30 an oz. it's $49.50 melt for the silver. </i></p><p><i>We'd n<i>eed something like $50.00 and oz. melt for the sale price to fall into "reasonable" again with $22.50 for the cent, nickel, and dollar coin, and packaging plus profit of like $10-$15. </i></i></p><p><i><i><br /></i></i></p><p><i><i>never gonna happen, and if it does, the actual dollar is gonna be in trouble as well as the economy, much worse than it is now.</i></i></p><p><i><i><br /></i></i></p><p><i><i><br /></i></i></p><p><i><br /></i></p><p><i></i>[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 4941589, member: 105098"]"[I]In order for the United States Mint to cover rising costs" meaning, sick leave and overtime costs to keep production up. in other words, they are making the collectors pay for what they have to do. 2019 Silver proof set was $54.95, 2020 was $63.25. Now increase it to $105,I'm not going to do the math but that's a lot of markup, and not just for the silver increase. Silver content is 1.65 oz. (46.89 g) (these sets are 99.9, half, dime, 5 quarters) Silver price today is, I dunno, $25.00 or so an oz. even if we go to $30 an oz. it's $49.50 melt for the silver. We'd n[I]eed something like $50.00 and oz. melt for the sale price to fall into "reasonable" again with $22.50 for the cent, nickel, and dollar coin, and packaging plus profit of like $10-$15. never gonna happen, and if it does, the actual dollar is gonna be in trouble as well as the economy, much worse than it is now. [/I] [/I][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Man, Oh Man We's Gettin' Hosed By The U. S. Mint
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...