2011 American Eagle One Ounce Silver Uncirculated Coin (1-P6)

The $60.95 is the price with spot at $41.60...if spot were to increase significantly before release it would be repriced accordingly....and if the spot price were to drop it would remain at $60.95

It is a one way street

I got a 2011 ASE today at a show for 48$

Darn. And I fully expected you to say that you had formed your opinion after giving due consideration to - beyond the cost of raw material - total production costs, packaging, storage, marketing, distribution, and sales, including labor costs, equipment, maintenance, utilities, insurance, and all such operating costs of a fully self-supporting organization.

I can't imagine what I was thinking.

Steve

Why oh why do people complain about 20% over spot or even 40% over spot. When you boil it all down, these coins are just jewelry you hold in your hand. Most retail jewelry stores mark their inventory up 200-300%, same basic gold and silver coins are made from, so how is something 20% over spot price gouging? Even 50% over spot doesn't seem out of line to me when you consider what it takes to make a coin. I figure if we squeeze the mints hard enough and make them look unprofitable on paper we will just further justify the discontinuation of coin minting all together

I noticed That not only the ASE's were going for about 60, but also almost every silver 1oz coin on ebay is too!!

I have had a subscription order in place for five UNC SAEs since 2007 when they were $21.95. I briefly considered stopping it this year but have decided to let it ride. For one thing I am near the front of the subscription line and the new price means that I will get overnight shipping free (the five coins are now over $300) so I will be among the first to get the coins. The 2006 coins (I have four, three in the original velvet pouch and one in the anniversary set) and they are now worth about $80 each because of the low mintage and high demand. This year;s proof coin may ultimately be worth less than the uncirculated version because of supply and demand also. It looks like this might be a record or near record year for proof production and since it is the return year for the UNC coin, demand may remain high. It does look now that the five coin 25th anniversary set will be priced over $300 but at least it will contain two unique coins that should make it a bargain at that price. The S mint mark uncirculated coin and the P mint mark reverse proof will only be available in the set. The set will also contain an "extra" W UNC and proof and a markless bullion coin (which could be of either West Point or San Francisco origin).

Me! At least one individual coin, and also in the five-coin set.

I loaded up on new 2011 ASE Proofs, anticipating a possible price
increase on this item before the end of the year (that will now happen).
However, I did not expect the Unc. burnished W to come back this year.
(and priced higher than the 2011 Proof's initial issue price, to boot!)
The higher price and issue later in the year suggest the 2011 Unc. W
will be lower-mintage than the 2011 Proof, so I should load up on these, too...

Of course daily "spot-plus" pricing would work.

But the Mint can't do that, it makes too much sense.

I would set the price as a fixed premium over spot, for example
W-Unc. (burnished) at "spot + $15", and Proof at "spot + $25"