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<p>[QUOTE="19Lyds, post: 2017330, member: 15929"]The price of the Gold Kennedy is solely based upon the spot price of "gold" as it specifically states that its ".9999 Fine Gold" on the reverse of the coin.</p><p><br /></p><p>The 90% Silver coins are not under the same constraints as the gold "bullion" piece.</p><p><br /></p><p>Yes, we as consumers can decide to NOT buy a Proof Coin priced at $53 but then that price is not determined by the price of silver per se.</p><p><br /></p><p>I have yet to see the US Mint "drop" the price of a product during its sale year due to lack luster sales as doing so would open the door to complaints from folks that paid the original full price.</p><p><br /></p><p>We have become a spoiled lot in that, there was a time when you ordered your proof or uncirculated sets or commemorative coins at a predesignated time mind you, and then you waited six months for them to be delivered. Production was a direct result of actual orders not a guesstimate of orders.</p><p><br /></p><p>BTW, did anybody get a discount on the GSA Dollars when they failed to sell? From what I understand, even the Girl Scouts of America didn't get their per coin commissions.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2017330, member: 15929"]The price of the Gold Kennedy is solely based upon the spot price of "gold" as it specifically states that its ".9999 Fine Gold" on the reverse of the coin. The 90% Silver coins are not under the same constraints as the gold "bullion" piece. Yes, we as consumers can decide to NOT buy a Proof Coin priced at $53 but then that price is not determined by the price of silver per se. I have yet to see the US Mint "drop" the price of a product during its sale year due to lack luster sales as doing so would open the door to complaints from folks that paid the original full price. We have become a spoiled lot in that, there was a time when you ordered your proof or uncirculated sets or commemorative coins at a predesignated time mind you, and then you waited six months for them to be delivered. Production was a direct result of actual orders not a guesstimate of orders. BTW, did anybody get a discount on the GSA Dollars when they failed to sell? From what I understand, even the Girl Scouts of America didn't get their per coin commissions.[/QUOTE]
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