I'm looking to purchase the 2011 silver proof set but will probably wait until next week to buy a few with an unc. set. Although I wasn't surprised with the $67.95 price since it has been pretty well discussed in the coin world, I was humored by the price of the 2010 set. What I found interesting was the price of a 2010 set two items down on their web page at $56.95. I started a discussion with myself to understand the thinking of the mint. Why didn't they raise the price of the 2010 set to $67.95 (probably require an act of Congress)? Why didn't they stop selling the 2010 sets and melt them back to sell at $11 more money (inept business people at the mint)? Let's sell the 2010 at $11 less to make room for the 2011 model (ureka moment for the mint to use a stunt from auto dealers to sell off last year's models).
The 2010 silver proof sets that are left are probably returns, which means they are last years model with some miles on them as well as some haze, white spots, door dings, etc. TC
I've heard this one a lot and thus I always try to by my proof sets early. I'm curious if this is really true though. In my business, we wouldn't take back a return from a customer for a quality reason and then sell it to another customer. It is isn't ethical and it isn't good business. Would the mint sell returned product with issues and resell them to other customers? It seems like bad business to me.
It has never happened to me no matter when I purchased a set, but many others claim that it is true. I would like to think that they do not sell other rejects though. TC
