Selling Current Proofs For Less Than Mint

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Author	Replies: 4 / Views: 1,344
Florida_Steve New Member United States 3 Posts	Posted 09/20/2016 7:04 pm New to the forum. Probably a stupid question! I see several sales of current proofs selling for less than the mint price. How is this possible. Are they getting a quantity discount? Report this Post to the Staff

edweather Pillar of the Community United States 7375 Posts	Posted 09/20/2016 7:19 pm Are you talking about face value, or the original price from the mint? Can you post a link? Report this Post to the Staff
KenKat Pillar of the Community United States 4085 Posts	Posted 09/20/2016 8:17 pm I think some dealers will buy a large quantity of sets looking for high quality MS69 or 70 coins that they can cherry pick and send in to have slabbed. Then they sell of the rest for slightly below retail to move the inventory. My 7070 US Type Set My 7100 Lincoln Cent Set (now with updates!) Report this Post to the Staff
Florida_Steve New Member United States 3 Posts	Posted 09/20/2016 11:03 pm Mark Twain Proof Silver Dollar at mint $50.95 + $4.95 S&H = $55.90 ebay $49.00 free shipping http://www.ebay.com/itm/2016-Mark-T...252522904298 Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 09/20/2016 11:10 pm That often happens. People buy a coin from the mint. Then give it away or decide to sell it. Most times coins like this will sell for less than issue price. Report this Post to the Staff
	Replies: 4 / Views: 1,344

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