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Why does the US Mint price so HIGH ?
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<p>[QUOTE="Conder101, post: 3591788, member: 66"]I doubt you are buying proof gold eagles from your dealer at 3% over spot. And the mint doesn't sell business strikes to the general public.</p><p><br /></p><p>As for the proofs they sell, as mentioned they have to cover production expenses which are higher for proofs and have to recouped through a smaller number of coins. Plus the proofs are considered "collector" coins and for such coins the mint is allowed to add a percentage over the total costs. That percentage used to be 20%, I don't know if that is still the current mark up, but from the prices listed in the OP it seems about right.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 3591788, member: 66"]I doubt you are buying proof gold eagles from your dealer at 3% over spot. And the mint doesn't sell business strikes to the general public. As for the proofs they sell, as mentioned they have to cover production expenses which are higher for proofs and have to recouped through a smaller number of coins. Plus the proofs are considered "collector" coins and for such coins the mint is allowed to add a percentage over the total costs. That percentage used to be 20%, I don't know if that is still the current mark up, but from the prices listed in the OP it seems about right.[/QUOTE]
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