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Proof ASE Went Up Almost $9

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 Posted 01/09/2020  11:05 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
My card was charged the $64.50 this morning. The upsides:

1. I'll have my W Proof ASE shortly
2. It was on subscription so there was no charge for shipping
3. That subscription purchase counts as one of my 3 for the loyalty program.

The downside... my card was charged $64.50.
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 Posted 01/09/2020  11:49 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply

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I'll have my W Proof ASE shortly


We are talking about Fedex "slow" post correct? You get the stuff fast? Usually it's delivered to me by sloths that are on strike.
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 Posted 01/09/2020  6:32 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I expect it'll be in my mailbox in about a week. Usually takes a couple extra days as it bounces from Houston to Dallas and then finally to Austin.
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 Posted 01/09/2020  8:15 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply

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Since spot Ag prices are up ~15% Jan 19 to Jan 20, I guess the ~15% price increase in the Ag coins is somewhat justified

Silver only made up about 30% of the cost of the ASE's. If they're using that logic, then they're just increasing gross margin on the rest even though the cost of the remaining 70% has not gone up that much if any. If the cost of silver goes down by half, I'd be willing to be that they don't cut the prices of ASE's in half. There's one primary reason that they're raising prices and it has virtually nothing to do with cost. The mint is a monopoly, so they simply can. If it was a competitive market, these coins wouldn't cost near as much. Of course if multiple companies were making them, then they wouldn't be special. Still, it would be interesting if private companies could make legal tender coins.
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 Posted 01/09/2020  8:16 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply
Part of the Mints plan all along. Create new collectors by releasing the hottest item in over 20 years and then "Boom"- raise the price. New price coincides with that of the S-ERP so most wont even question it.
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 Posted 01/12/2020  11:11 pm  Show Profile   Bookmark this reply Add Erscolo to your friends list Get a Link to this Reply
Good thing I have never collected these bullion coins. No cost before, no cost now, and no cost in the future.
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 Posted 01/13/2020  9:30 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
maybe the other forthcoming ASE's costs will also be raised (the W uncirculated/burnished & S-mint proof).
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 Posted 01/13/2020  10:18 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply

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maybe the other forthcoming ASE's costs will also be raised (the W uncirculated/burnished & S-mint proof).


Pretty sure that's a given.
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 Posted 01/13/2020  10:25 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I'm expecting them to get more expensive. The silver proof set will probably got up to at least $60.
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 Posted 01/13/2020  11:19 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

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Good thing I have never collected these bullion coins. No cost before, no cost now, and no cost in the future.

How very nice for you. However, proof ASEs aren't bullion. Go fish.
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 Posted 01/14/2020  07:45 am  Show Profile   Check Foxwoods Man's eBay Listings Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Yup...kinda lame to bad mouth what collectors prefer to collect

Guess he didn't try to get the 2019 ERP "bullion" either
Edited by Foxwoods Man
01/14/2020 07:46 am
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 Posted 01/14/2020  08:34 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Well technically he/she is correct. All ASE are bullion (just as an example Red Book, the grading companies, etc consider ASE even AGE as bullion coins), but the proofs , even the older series sell (for example the 1986-1996 sell for more than a 2019/2020 ASE) for a premium over the bullion price. So they are also numinastic products. But I'm not happy with the price increase.
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 Posted 01/18/2020  12:02 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
...and they arrived today. Lovely coins, as always.
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 Posted 01/18/2020  01:41 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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...and they arrived today. Lovely coins, as always.
Excellent!
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