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 Replies: 43 / Views: 4,770 |
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Bedrock of the Community
13014 Posts |
I do remember seeing some things on some coin news articles (if accurate) there is indeed a standard pricing scale for their silver and gold products. When it hits a certain amount they increase the price and if it averages a certain lower amount for a week they adjust them down. The price increase is always a faster adjustment it seems.
Not sure how often they adjust the scale to just increase prices over all but they do have a formula in play as opposed to just saying lets see what we can get
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Pillar of the Community
United States
4901 Posts |
...and appropriately the 2012 proof ASE is "temporarily unavailable" ...no mention why Production issue? repricing? error discovered? I can't see why they would reprice since spot silver is just churning around $27 unless it will be a downward revision.... |
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Bedrock of the Community
 United States
12819 Posts |
The message on the ASE order page says "This product is temporarily unavailable for product repricing". Apparently silver was in the mid-26's on Thursday, but it rebounded up to mid-27's on Fri. |
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Pillar of the Community
United States
4901 Posts |
I guess that would be a reason....but since spot was a tad over $32 when first issued I would think a $5 or so reduction in price...
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Bedrock of the Community
13014 Posts |
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I would think a $5 or so reduction in price... Fingers crossed |
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Bedrock of the Community
United States
12819 Posts |
I hope so too, but it's unlikely at this point with Ag back up to 27.50-ish. It will probably be listed for sale again at its previous price.
I'm not sure if I'd rush out and buy another one or two even if the price did drop $5. If I were holding out and hadn't already gotten mine for the year, I'd definitely pounce then.
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Pillar of the Community
United States
1027 Posts |
It seems odd that they would take it offline for a price drop. I suppose they might and I see no reason for an increase so perhaps they hit some sort of running average that warrants a price decrease. These things usually take a couple of weeks ...
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Valued Member
United States
193 Posts |
I got my notification as well, It seems I had forgotten I had a subscription. But now I'm a bit confused. Someone said there are to be 5 ASE's minted this year but somehow I can only account for 4. The 2 S minted in the set, the bullion coin which was already realeased, and now the uncirc. Whats the 5th coin? Edit, DOH I forgot about the regular proof coin, thats from the Philly mint right? So there will be 2 S mints 1W, and 2 with no mintmarks if I am correct. Edited by mwr1550
07/17/2012 6:39 pm
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Pillar of the Community
United States
3755 Posts |
clair, THANK YOU. You saved me having to type all that. LOL I dont think the mint charges an unreasonable price for their products. People want to pay the same as they did 10 years ago. Do you pay the same for ANYTHING as you did 10 years ago? I highly doubt it. Like clair said, if you want silver for spot, dont flipping buy collector coins. And I would be willing to bet you would have to struggle to get a bar of silver at only 4 bucks over spot. PM dealers charge premiums to ya know.
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Bedrock of the Community
13014 Posts |
Quote:Someone said there are to be 5 ASE's minted this year but somehow I can only account for 4. The 2 S minted in the set, the bullion coin which was already realeased, and now the uncirc. Whats the 5th coin? Edit, DOH I forgot about the regular proof coin, thats from the Philly mint right? So there will be 2 S mints 1W, and 2 with no mintmarks if I am correct. You could say 6 as I think SF did some of the bullion this year as well. |
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Pillar of the Community
United States
4901 Posts |
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Edit, DOH I forgot about the regular proof coin, thats from the Philly mint right? So there will be 2 S mints 1W, and 2 with no mintmarks if I am correct. Those 5 are correct except the "regular" proof has a W mint mark ...minted in West Point |
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Pillar of the Community
United States
1027 Posts |
The bullion coins are minted at both W and SF mints but that provenance only exists for coins slabbed directly from monster boxes so the "purists" among us won't count two because you cannot tell them apart just by looking at the coins. The mint will count five distinct coins as well. Whether you count five or six, both are correct because they are counting the same coins and the final number is an individual collector choice. To me, counting the bullion as two is a lot like counting the provenance of packaging, and that would require counting the W uncirculated in the "United States Mint Annual Uncirculated Dollar Coin Set" and the W proof in the "Making American History Coin and Currency Set" as distinct coins as well, and I don't wish to do that, even though I probably will buy both items.
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Pillar of the Community
United States
4901 Posts |
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and that would require counting the W uncirculated in the "United States Mint Annual Uncirculated Dollar Coin Set" and the W proof in the "Making American History Coin and Currency Set" as distinct coins as well, and I don't wish to do that, The proof in the Coin and Currency set is a S mint marked coin...thus the drama vs. the SF 2 coin set |
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Replies: 43 / Views: 4,770 |
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Posted 07/16/2012 07:01 am
