2016 Commemorative Pricing - Coin Community Forum

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Author	Replies: 9 / Views: 1,945
commems CCF Master Historian of USA Commemoratives United States 12277 Posts	Posted 12/27/2015 1:27 pm I was quite surprised to see that the prices for the 2016 National Park Service (NPS) half dollars (proof and uncirculated) jumped $7.00 vs. the price for this year's US Marshal's Service clad coins. The proof jumped to $25.95 (vs. $18.95) and the uncirculated version went up to $24.95 (vs. $17.95) - a 37% increase for the proof version and a 39% jump for the uncirculated version. The spot prices for nickel and copper have decreased over the course of 2015, so the increase appears tied to increasing overhead/production costs vs. upward movement of costs for the base metals used. I'd like to see the Mint's justification for the nearly 40% jump in one year! On a more positive note, pricing for the proof version of the two 2016 silver dollars (Mark Twain and NPS) has been lowered by a dollar to $50.95; fans of the uncirculated versions, however, will have to pay a dollar more at $49.95 vs. 2015's $48.95. I recall the recent past when the proof version of the commemorative silver dollar cost $5.00 more than the uncirculated. The gradual narrowing of the gap makes me think both versions of the silver dollar will be priced the same next year. As in the past, the Mint will be offering the coins at reduced prices during the first 30 days of their respective sales periods - $5.00 off the silver dollars and $4.00 off the clad half dollars. Twain sales start January 14; NPS on March 24. Get 'em while their "cheap!" Collecting history one coin or medal at a time! (c) commems. All rights reserved. Report this Post to the Staff

jbuck Moderator United States 188560 Posts	Posted 12/28/2015 11:35 am Thank you for the update. I am not sure what I will be buying this year after the whirlwind C&C set tour of 2015. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
kena Pillar of the Community United Kingdom 1682 Posts	Posted 12/28/2015 1:25 pm Quote: I am not sure what I will be buying this year after the whirlwind C&C set tour of 2015. For me, I have already decided on the following: Coin and Currency Set, Reagan Coins and Chronicles Set, and the 30th Anniversary American Eagle coin (unless the mint does somthing silly with the offering). Not keen on the Mark Twain or National Park Service offerings. Ken Report this Post to the Staff
crazyglue Valued Member United States 467 Posts	Posted 12/28/2015 1:48 pm Dang mint. I always have to get two mint, two proof and two silver proof each year. (I mean, I guess I don't HAVE to, but you know what I mean). And I need 2 each of the unc. and proof half and silver dollars. So I'm committed. That means no other mint coins for me, such as Coin and Currency or Coin and Chronicles. Can only spend so much and my current focuses are on the sets and the commemoratives. Edited by crazyglue 12/28/2015 1:49 pm Report this Post to the Staff
jbuck Moderator United States 188560 Posts	Posted 12/28/2015 2:27 pm Quote: Reagan Coins and Chronicles Set I am absolutely committed to getting this one, but it will not be out until December 2016. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Bret Pillar of the Community United States 1913 Posts	Posted 12/28/2015 3:58 pm Quote: The spot prices for nickel and copper have decreased over the course of 2015, so the increase appears tied to increasing overhead/production costs vs. upward movement of costs for the base metals used. I'd bet that the mint or the NPS or both are just making more money off of these. Report this Post to the Staff
commems CCF Master Historian of USA Commemoratives United States 12277 Posts	Posted 12/28/2015 5:10 pm Quote: I'd bet that the mint or the NPS or both are just making more money off of these. The amount the NPS receives from each coin sold is fixed within the program's authorizing legislation: $35 for each gold half eagle, $10 for each silver dollar and $5.00 for each clad half dollar. Collecting history one coin or medal at a time! (c) commems. All rights reserved. Edited by commems 12/28/2015 5:11 pm Report this Post to the Staff
Bret Pillar of the Community United States 1913 Posts	Posted 12/28/2015 6:05 pm So is that the same as other commemorative programs or is the mint making more? Report this Post to the Staff
commems CCF Master Historian of USA Commemoratives United States 12277 Posts	Posted 12/28/2015 8:02 pm Quote: So is that the same as other commemorative programs or is the mint making more? The Public Law that authorizes each commemorative coin includes a specification for the surcharges to be collected on behalf of the sponsoring organization. In general, the surcharges are as follows: $35 for a gold half eagle ($5.00 coin), $10 for a silver dollar and between $3 and $5 for a clad half dollar. The selling price for each coin is also specified in the coin's authorizing legislation. It is to be set at a value equal to the coin's face value + the surcharge + the cost of design, materials, manufacturing, marketing and distribution. The legislation is worded so that the Mint is required to cover its costs for each commemorative coin it produces; the Mint is not required to earn a profit on their sale. Hope that helps! Let me know if you have additional questions. Collecting history one coin or medal at a time! (c) commems. All rights reserved. Edited by commems 12/28/2015 8:03 pm Report this Post to the Staff
BadToTheBone Pillar of the Community United States 1795 Posts	Posted 12/30/2015 2:49 pm The government robs us with high taxes so why not the mint. Like they say Death and Taxes are what we have to live with but besides that its a great country. It just needs some improvement in how we do things. Report this Post to the Staff
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