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US Mint Pricing?

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wif99's Avatar
United States
377 Posts
 Posted 05/28/2009  11:06 am Show Profile   Bookmark this topic Add wif99 to your friends list Get a Link to this Message Number of Subscribers
I am curious if anyone on this forum has the knowledge about How the Mint sets its prices,

Example:
2009 United States Mint Presidential $1 Coin Proof Set™ (PD6) $14.95
United States Mint 2009 District of Columbia & U.S. Territories Quarters Proof Set™ (Q09)$14.95

Total$29.90

For $29.95 You can Get
United States Mint 2009 Proof Set® (P09)
which includes both of the above sets plus the four Lincoln Bicentennial One Cent Coins recognizing the bicentennial of Abraham Lincoln's birth;(in Copper), a new Native American $1 Coin; and the Jefferson nickel, Roosevelt dime and Kennedy half-dollar.

I just find this fascinating
Billy
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KenKat's Avatar
United States
4085 Posts
 Posted 05/28/2009  11:44 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I think it's kinda like buying a combo meal at McDonald's - cheaper if you want all the pieces vs. just a la carte. Agree that the prices for just the individual items seems a little high relative to the proof set, though.
Rest in Peace
numismo's Avatar
United States
3039 Posts
 Posted 05/28/2009  3:59 pm  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
I'm sure the mint uses the AHAPALATTWBI method. Before you ask it stands for "As High As Possible As Long As The Traffic Will Bear It."
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eaglefoot's Avatar
United States
6326 Posts
 Posted 05/28/2009  4:20 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I would have to agree with the AHAPALATTWBI method. Ever since the Mint (and Congress) have discovered the "money making opportunities" that selling coins and other materials can present to them......they've done exactly that......and continue to find more ever-creative ways to package and present things to the public for even more "consumption".
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