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 Replies: 40 / Views: 1,995 |
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Moderator
 United States
187950 Posts |
This year looked promising last year.  |
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Pillar of the Community
 United States
1218 Posts |
I think this year just has a little extra drama, to mention 4 things:
1. The constant rearrangement of the schedule, mainly pushing the dates back, and then for example the silver proof set being moved back up, like they are rearranging on the fly. They had the silver set moved back to fall I think, then June 11th I think it is now? They moved it to fall, but only for a few weeks.
2. Adding to the schedule, and not just minor additions. How about the dime rolls, they suddenly decided they should sell them? Did the public influence that decision?
3. Changing prices, due to the fluctuations in the precious metal prices. Just "up" though, not down. Maybe they need a silver pricing grid system like they have for gold.
4.The inability to produce products to their maximum mintage, even though they know they are producing some "hot" products which would sell out, in an hour minimum, a few days maximum, if they'd just produce them. Make it, sell it, and stop the drama where it's suddenly available again for 2 minutes.
Or make another 5000-10000 and have a date set up and advertise it, (shocker, notify people who've selected on the mint site who WANT to be notified!), that you're having a coin drop a second time if you want a second chance to buy. And limit it to one!
Edited by Gilly
03/30/2026 1:17 pm
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Pillar of the Community
United States
5606 Posts |
Strange, Since Silver has come down a Tad,  I did Not notice the Mint's Reduced Pricing,  To be fair............ |
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Moderator
United States
187950 Posts |
I doubt they will.  |
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Pillar of the Community
 United States
4589 Posts |
Quote:
... stop the drama where it's suddenly available again for 2 minutes. That's nothing new. The mint has done this for years, as they accept orders up to the limit (whether by mintage or available product), then cancel them due to bad credit cards, household limits, or other issues. Silver and Gold are treated very differently by the mint... https://www.usmint.gov/content/dam/...l-report.pdfQuote:
Treasury allows the Mint to use some of its gold as working stock in the production of gold coins. This allows the Mint to avoid the market risk associated with buying gold in advance of the sales date of the gold coins. The Mint replenishes the gold working stock at or just prior to the time the coins are sold. Generally, the Mint does not deplete the working stock used in production. Instead, the Mint will purchase a like amount of gold on the open market to replace the working stock used. vs. Quote:
Treasury also allows the Mint to use silver as working stock. However, Treasury does not have enough silver to fulfill all Mint manufacturing needs. Accordingly, for the purpose of avoiding market risk associated with owning silver, the Mint has entered into a silver hedging arrangement (see Note 19). and Quote:DERIVATIVE FINANCIAL INSTRUMENTS The Mint engages in an economic hedging program to avoid the effects of fluctuating silver costs as a result of the changes in market prices. The derivatives used for economic hedging in this program do not qualify for hedge accounting. At the time of purchase of silver inventory used in the production of silver coins, the Mint economically hedges its silver inventory using a silver forward derivative contract. The silver forward derivative contract is recorded in the Balance Sheets at fair value, with changes in fair value recorded in "Gross Cost" in the Statements of Net Cost. The silver forward derivative contract is settled as silver coins are sold to authorized purchasers, and a gain or loss is recognized, which is expected to substantially offset the gain or loss on the fluctuation in price of the silver inventory during that time the forward position remains open. Each transaction with the trading partner carries a small transaction fee; the fees net to a cost of one- Half Cent per ounce. The Mint incurred $210 thousand in hedging fees in FY 2024, compared to $244 thousand incurred in FY 2023. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Moderator
United States
187950 Posts |
Thank you for sharing.  |
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Bedrock of the Community
United States
12816 Posts |
All of those "hedging fees" are apparently being gouged out of collectors from the insane pricing on the proof and uncirc sets.
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Moderator
United States
187950 Posts |
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All of those "hedging fees" are apparently being gouged out of collectors from the insane pricing on the proof and uncirc sets. Yup.  |
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Valued Member
United States
171 Posts |
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Last year ended up being really busy.
We had the (evidently) short term excitement with the 2 privy marked bullion coins. Haven't heard anything about those returning.
Wait wasn't there only 1 uncirculated privy in 2025 (eagle)? The 2024 uncirculated privy was a star. |
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Pillar of the Community
United States
1218 Posts |
Well yes. They were bullion ASEs. The first was 2024, then 2025. But they came pretty close to each other and everyone was wondering if this was going to continue. So now for whatever reason, it seems like that has sort of evaporated away and they'll remain a flash in the pan. Unless they just put that on the back burner while they go through these Semi Q issues. I didn't mean to make it sound they were both in 2025, but here we are.
Everyone was predicting that soon the mint would be producing ASEs with all sorts of goofy privies on them. But then the privy mark issues really did start taking off after those were made. So it almost seems like it was a test. "Let's make a million ASEs with privies just to see how it goes"
Edited by Gilly
04/12/2026 06:33 am
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New Member
United States
34 Posts |
and from what I'm reading there will not be a 2026 s ASE , is this right ? |
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Valued Member
United States
381 Posts |
Quote:and from what I'm reading there will not be a 2026 s ASE , is this right ? You are correct. |
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Pillar of the Community
United States
5606 Posts |
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Pillar of the Community
United States
1218 Posts |
I guess if anyone asked me to come up with an appropriate ASE to celebrate 40 years, one thought I'd have is: Make it a San Francisco mint, as the 1986 was. Dual date 1986-2026. Either a privy with the Mercanti reverse (in other words a heraldic eagle privy), or just make it with the Mercanti reverse and some kind of "40" privy on the obverse. But just a proof, not a special finish. Edited by Gilly
04/14/2026 9:48 pm
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Pillar of the Community
United States
5606 Posts |
Gilly Stated, Quote, " But just a proof, not a special finish. " This is the Same collector that Also stated, The have Never made an Enhanced Proof Before,.... I Love the Type 1 Reverse idea Too................  |
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Replies: 40 / Views: 1,995 |
First Page
Posted 03/30/2026 1:14 pm
