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<p>[QUOTE="19Lyds, post: 1164986, member: 15929"]With all the data being presented on how much it costs to produce this or produce that, I just gotta call poo-poo.</p><p> </p><p>On each circulating Half Dollar coin, the mint made a .19 cent profit. Then, turns around and charges the collector (their ONLY customer) an additional .15 cents for each coin (by the bag) or an additional .27 cents per coin (by the roll set).</p><p> </p><p>On ATB Circulating Quarters alone, the mint made $48,580,000.</p><p> </p><p>On Roosevelt dimes, the mint made $44,760,000.</p><p> </p><p>On Jefferson nickels, the mint lost $5,052,768</p><p> </p><p>On Zincolns they lost $16,043,320. </p><p> </p><p>I think the US Mint makes Plenty on circulating coin production and makes an additional PLENTY on collector coin production. </p><p> </p><p>The problem with the US Mint, is that they KNOW the coin collecting community is an easy mark and they are not afraid to exploit that mark. Government or not, their prices are being raised to ridiculous levels and they will lose customers by pricing them out.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1164986, member: 15929"]With all the data being presented on how much it costs to produce this or produce that, I just gotta call poo-poo. On each circulating Half Dollar coin, the mint made a .19 cent profit. Then, turns around and charges the collector (their ONLY customer) an additional .15 cents for each coin (by the bag) or an additional .27 cents per coin (by the roll set). On ATB Circulating Quarters alone, the mint made $48,580,000. On Roosevelt dimes, the mint made $44,760,000. On Jefferson nickels, the mint lost $5,052,768 On Zincolns they lost $16,043,320. I think the US Mint makes Plenty on circulating coin production and makes an additional PLENTY on collector coin production. The problem with the US Mint, is that they KNOW the coin collecting community is an easy mark and they are not afraid to exploit that mark. Government or not, their prices are being raised to ridiculous levels and they will lose customers by pricing them out.[/QUOTE]
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