You lost me Welder,
And this is a good time for people to educate me here but from what I understand, the 1995 ASE set was an add-on for buying that year's 4 coin gold set. So I don't see the hefty premium here for the 1995 10th Anniversary ASE set that sold for $999 that included the 4 gold coins. Gold in 95 was around $375 an ounce, doesn't that set have close to 2 ounces of gold in it?
And what happened there with that coin was that collectors weren't willing to buy the gold coins to get the silver set so they waited for the secondary market and oooh did they pay for it lololol. And they're still paying for it, big money for ASE 95-w 70!!
But back to the point, the mint didn't ask a hefty premium like for that set when you look at it from a melt value.
I looked it up and silver in 95 was 5.50-6 and ounce and a proof ASE went for $23 so the mint has always asked a 3 times melt for the ASE proof so I see that ASE collectors are used to paying a hefty premium.
But I do understand your point and I think it is valid that there are times when paying a premium is valid seen by the loyal followers of the ASE series but I still disagree on paying a hefty premium on coins that are directly offered from a mint. Its just me but I think the mint is taking advantage of people that enjoy this hobby if they're charging 3,4,5+ times the melt values and not only that they hurt the people that enjoy buying products from them!
The high premium is one reason why I don't order many products from the Canadian mint. I love some of their designs but I do not feel comfortable paying anywhere from $80-280 for the equivalence of a one ounce of silver for one of their designs. I just feel like I'm getting ripped off. I know its psychological but I just feel they're ripping me off.
I understand you're paying for artwork, salaries for hard working people that handle and manufacture the coins, equipment to produce the coins but the US mint still makes a profit on the sale of its products while not relying on government funding and still doesn't levy a hefty premium on the majority of their products. So the premiums are not necessary to fund a mint or I can say, the hefty premiums of 3, 4, 5 times the price of silver is not necessary but is governed by choice.
And you people know we were talking about directly from the mint, not after market.
And this is a good time for people to educate me here but from what I understand, the 1995 ASE set was an add-on for buying that year's 4 coin gold set. So I don't see the hefty premium here for the 1995 10th Anniversary ASE set that sold for $999 that included the 4 gold coins. Gold in 95 was around $375 an ounce, doesn't that set have close to 2 ounces of gold in it?
And what happened there with that coin was that collectors weren't willing to buy the gold coins to get the silver set so they waited for the secondary market and oooh did they pay for it lololol. And they're still paying for it, big money for ASE 95-w 70!!
But back to the point, the mint didn't ask a hefty premium like for that set when you look at it from a melt value.
I looked it up and silver in 95 was 5.50-6 and ounce and a proof ASE went for $23 so the mint has always asked a 3 times melt for the ASE proof so I see that ASE collectors are used to paying a hefty premium.
But I do understand your point and I think it is valid that there are times when paying a premium is valid seen by the loyal followers of the ASE series but I still disagree on paying a hefty premium on coins that are directly offered from a mint. Its just me but I think the mint is taking advantage of people that enjoy this hobby if they're charging 3,4,5+ times the melt values and not only that they hurt the people that enjoy buying products from them!
The high premium is one reason why I don't order many products from the Canadian mint. I love some of their designs but I do not feel comfortable paying anywhere from $80-280 for the equivalence of a one ounce of silver for one of their designs. I just feel like I'm getting ripped off. I know its psychological but I just feel they're ripping me off.
I understand you're paying for artwork, salaries for hard working people that handle and manufacture the coins, equipment to produce the coins but the US mint still makes a profit on the sale of its products while not relying on government funding and still doesn't levy a hefty premium on the majority of their products. So the premiums are not necessary to fund a mint or I can say, the hefty premiums of 3, 4, 5 times the price of silver is not necessary but is governed by choice.
And you people know we were talking about directly from the mint, not after market.



















