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 Replies: 23 / Views: 2,828 |
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Bedrock of the Community
 United States
12845 Posts |
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Hello $130 silver proof set. At $130 I'm going to have to think long and hard about keeping a subscription on that set. |
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Pillar of the Community
United States
1648 Posts |
Yes a 2019 silver proof set was 54.95. 2020 63.25. Looks like it jumped to 105 in 2021/2022 but now 130 in 23. And this is just one item of that large list of increases. I wonder if this will cause resellers to reprice all their items right away to the new pricing. For example if they still had 2021/2022 mint sets to reprice more around the 130 vs the 105. I know littleton will regardless, they repriced years ago to the current 2023 rates  The only plus would be those who bought at the prior lower rates the last few years and happen to want to part with their stuff, perhaps now at a premium. Might be an opportunity to go immediately and buy from coin shops or online if repricing is imminent before they change their rates. Too late to do so at the mint, we used to get a week or two but its already changed. If you have subscriptions please think over as well and double check the price increases. Edited by datadragon
02/08/2023 9:20 pm
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Moderator
  United States
97586 Posts |
Yep, I went and checked the mint's schedule and anything that was on the list AND had a date already assigned, now shows the new price. If you dive deep into their inventory pages, the prices are changed there too. (for once the mint did something quick.)
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Pillar of the Community
United States
5632 Posts |
Like any other business, Our U S Mint knows We are simply waiting to keep up Our collections. Oh course they are raising their prices AGAIN....... E pluribus Unum...
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Valued Member
United States
187 Posts |
I already had planned to purchase at least 8 Lincoln medals this year for me and family members. I don't want to be a speculator, but it almost seems that it would make sense to buy a few more and resell them later-if Lincoln ends up going for the lower price.
I'm really looking forward to that issue.
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Moderator
United States
189502 Posts |
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It is how they are making up revenue from not having commemorative silver dollars this year. Or maybe they have to increase revenue to pay for the worthless cent fools keep insisting they mint for circulation.   |
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Pillar of the Community
United States
1648 Posts |
New Morgan & Peace Pricing for 2023 including. the. Reverse Proof Set published on the federal register https://www.coinnews.net/2023/03/03...ars-and-set/2023-P Uncirculated Morgan Silver Dollar Philadelphia - no mint Mark 275,000 prior $67.00 new $76.00 2023-P Uncirculated Peace Silver Dollar Philadelphia - no mint Mark 275,000 $67.00 $76.00 2023-S Proof Morgan Silver Dollar San Francisco - S 400,000 $73.00 $80.00 2023-S Proof Peace Silver Dollar San Francisco - S 400,000 $73.00 $80.00 2023-S Morgan and Peace Silver Dollar Reverse Proof Set San Francisco - S 250,000 $175.00 $185.00 |
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Pillar of the Community
United States
5192 Posts |
Don't buy new issues from the US Mint, only buy in the aftermarket. That is what I do with the silver proofs National Park series. Much cheaper that way.
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Bedrock of the Community
United States
12845 Posts |
Defintely a good option, but by purchasing from the aftermarket, not only do you not get them in your hands right away (if you're an instant gratification kind of person), you also run the risk of getting cherrypicked sets/coins.
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Pillar of the Community
United States
1373 Posts |
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Don't buy new issues from the US Mint, only buy in the aftermarket How did this strategy work with the 2012 set? How about the 2021 Morgan and Peace dollars? I know the costs from the US Mint are high now (overpriced), but I always buy things TODAY instead of waiting for possible drops in pricing. Sometimes it doesn't happen. |
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Pillar of the Community
United States
1519 Posts |
Of course they raised the prices on the 2023 Morgan/Peace reverse proofs as well. Year keeps getting more expensive.
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Pillar of the Community
United States
5192 Posts |
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I know the costs from the US Mint are high now (overpriced), but I always buy things TODAY instead of waiting for possible drops in pricing. Sometimes it doesn't happen. If that is true, then Mint pricing is still too low. Let's double the price every year and see what happens.  I mean, if people buy regardless of what things cost then the sky is the limit. |
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Moderator
United States
97586 Posts |
Quote:Let's double the price every year and see what happens. umm lets not - That would take the hobby out of the common hand and put it in the hands of the rich and entitled. |
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Pillar of the Community
United States
2365 Posts |
I wonder if the increased shipping costs are included in their prices (ofcourse, I'm sure)? What I mean by that is the shipping of the metals to the Mint for processing. Has the shipping cost to customers also gone up? I had a subscription for the ATB silver sets but, don't have any subscriptions for now. |
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Moderator
United States
189502 Posts |
Quote:Quote:
Don't buy new issues from the US Mint, only buy in the aftermarket. That is what I do with the silver proofs National Park series. Much cheaper that way. Defintely a good option, but by purchasing from the aftermarket, not only do you not get them in your hands right away (if you're an instant gratification kind of person), you also run the risk of getting cherrypicked sets/coins. I agree. I want them sooner rather than later. |
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Replies: 23 / Views: 2,828 |
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Posted 02/08/2023 9:19 pm
