Proof ASE Went Up Almost $9

In reality the house manufacturer would try to increase the profit margin on their materials, but the market would ultimately determine what they could do. Given that the material cost was only about a third of the selling price, my point was that in a free market situation the overall price wouldn't go up the same percentage as the material cost. Of course this is not a free market situation, so the government will just do what they want.

Of course this isn't an accurate statement.

Here is the pricing since 2016 for a few examples.


The 2016 Proof and Mint sets included the last three Presidential $1, 3 in the PS and 6 in the MS.

You can check other items if you'd like, but there was an across the board increase in 2018. So, the 2020 increases are hardly the first increase in 4 years.

I guess whether or not this an accurate statement depends upon what it actually means.

Does "changes to the pricing" mean a price change? or a change in the method that prices are determined?

If it means a price change, then it's definitely not accurate.

If it means a change in the way prices are determined, then I suppose it could be an accurate statement.

WOW the gold eagle proofs went up by almost 25% in some of the items. I was going to get a 1/10 proof, I'll skip. The bullion gold coin is a much better price. The prices of the US mint products seem to have gone up much more than inflation would warrant.

The 4 coin set is now over $4000.

The gold AGE'S are far over their prior sales. Gold is lower too.......

To a bullion dealer it makes no difference if your 1000 fine One Ounce is proof or not, and very little difference if it is American or Australian.

A coin dealer may? give you more if it is a proof, but I sold some silver proofs a couple of months ago to a coin dealer, and all got was the spot sliver price.

Buy what you like

I wouldn't worry too much about this at this point. The global economy is likely crashing into a recession or depression and their cash grab before this happened is going to soon be irrelevant.

Currently with the unknown and variables, my dollars have become more valuable and important to me and I'm sure this applies to everyone else. I can choose between a mint coin or something else. There's a tightening. In order for them to sell them they are going to have to loosen prices, just the reality of it. This virus is throwing everyone for a loop and it will have an effect across the board. Saw a Ford commercial today and they were making first 3 payments and deferring the next 3, in essence giving the first 6 months free with no payments if you buy a new Ford. That doesn't happen unless the economy is struggling towards a recession or depression and they aren't struggling to sell cars and trucks.

They will adjust the prices to make sales. If they don't people won't buy them. The caveat is if this is just a "scare" or "panic" that goes away soon, then people wI'll keep bting and they have no need to reduce prices.

Supply and demand. If the demand isn't there then they will have to reduse prices to make sales.

The only subscription I'm considering cancelling is the 5-oz ATB coins; the rest I'll keep for now. But I'm flat-out passing on the AGE and gold commemoratives this year due to price hikes.