New gold coin release March 5

How old are those planchets, does the mint only buy for the upcoming year? Or are hose planchets from years past inventory? I just think about gouging laws..

 

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If they tried to sell them at anything lower than spot, they'd be snatched up instantly for resale to refineries.

 

If it was a fair method, sad that fair isn't still one of our morals.

 

It is..........was.

 

Yes, yesterday was the big day and their AGE 1/10th size is $685, nice looking coins but I don't collect proofs an I don't want to pay the high premium anyways. Anyone buying?

https://www.usmint.gov/coins/precious-metal-coins/gold/

 

My opinion: bullion proofs is marketing horsepucky for the suckers. I have a few from years ago. I book value them at spot. I will gladly let the suckers pay a proof premium for them…