A Matter Of Time? Will The US Mint Hike Prices For The Clad Coinage Programs As Well As The Silver?

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  • čas přidán 26. 07. 2024
  • Welcome to another episode of Numismatic News & Information by Son of a Silver Stacker! In today's video we go to MONEY METALS to look at the live spot prices!
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    This Channel is for Theory, News, Speculation, and Information About the World of Numismatics. It is also about how external influences on the periphery of the hobby of numismatics can directly affect the hobby. This channel is NOT for financial advice because I am NOT a licensed trained financial advisor. Please DO NOT take any of what I say as financial advice or ask for financial advice as this CZcams Channel is ONLY for the interest of the hobby of collecting coins and silver.

Komentáře • 43

  • @catherineh7511
    @catherineh7511 Před 18 dny +1

    on another subject, I wanted to pass along to fellow enjoyers of the SSS coffee mugs the good news that the smaller mug is just as nice as the larger mug, maybe even a little cuter.

  • @Jmcevolve2023
    @Jmcevolve2023 Před 18 dny +3

    We need to make a stance together, all of us. No more purchases the US mint. If EVERYONE did this and no more demand. US mint would be forced to lower prices

  • @robertstroback3362
    @robertstroback3362 Před 19 dny +4

    Maybe the mint should give subscribers a discounted price as loyal customers.

  • @SilverCpa
    @SilverCpa Před 19 dny +4

    I've given up on the mint. Probably looking to sell everything I've bought since 2021.

  • @waterthepossibilities
    @waterthepossibilities Před 19 dny +2

    That listing for $289 for all the innovation p and d pos. A and B was one I purchased it included 92 coins so a little over $3 each. I figured now rather than later as this program is beginning to pick up steam..great video

  • @billbryant9995
    @billbryant9995 Před 19 dny +3

    I don't think the price hike is based on the price of silver. Sure it might be part of it, but if that were the main issue, how is it they can sell bullion coins (American Silver Eagles) at under $40 while now charging $90+ for the same amount of silver in the collector coins? I wouldn't sugar coat it, we're getting ripped off.

  • @SilverDollarOutlaw
    @SilverDollarOutlaw Před 19 dny +2

    Good morning, A wise man once told me to value my silver in ounces over fake paper dollars. Have a great day!!!

  • @tomtharos4440
    @tomtharos4440 Před 18 dny +1

    I think a smart person would expect clad product prices to go up. I love the innovation series. It’s the only thing I’m buying from the mint at this time.

  • @richardbrookins5406
    @richardbrookins5406 Před 19 dny +4

    Cancelled 90% of my subscriptions of silver coins. Keeping only my Morgan and Peace proofs along with non-silver Proof and UN-circulated sets. All the rest they can keep. I would love to know what the other cost were that they talked about. How much of that excess profit goes toward the cost of making circulated coins? Why should coin collectors pay for the brunt of circulating coin cost? They are chocking that golden goose now and that mint director needs to go.

  • @rockysuperstar1
    @rockysuperstar1 Před 19 dny +5

    SSS(Mint Master) Good Morning Sir . Even with the Silver going up in price .
    The Silver Proof set has 1.47 oz of Silver , or 45.79 grams . It costs 10 cent
    to strike a Dollar Coin . The cost of a Dollar coin is $0.26 . The mints cost
    to mint a Silver Proof set is Silver $46.00 +The Dollar 0.26, Half 0.25.98 ,
    Clad Quarter $0.11.63 , Nickel 0.11.54, Cent 0.03.07 .Plus The plastic case
    I am Guessing $5.00 . The Mints Silver Proof Set cost around $52.00 How
    does that justifies $150.00 . The prices of the coins I gave includes Handling
    and shipping :-))

    • @brenthardenburg4920
      @brenthardenburg4920 Před 19 dny +3

      Thanks for the update and math homework Rocky! ✌🏻

    • @rockysuperstar1
      @rockysuperstar1 Před 19 dny +3

      @@brenthardenburg4920 Your welcome.I feel we the people are being Fleeced :-))

  • @farmerjones5479
    @farmerjones5479 Před 19 dny +3

    I have gone to picking coins up off the ground. I get winners from Aldi shopping carts all day every day.

  • @joe62845
    @joe62845 Před 19 dny +2

    Wonder if they'll drop the prices again if silver goes down.

  • @rvmagnum5415
    @rvmagnum5415 Před 18 dny +2

    Im not happy with the prices at the U.S. mint, I couldnt afford them befor the increace . So I cancelled all my silver subs and will buy from other places.I have been buying from the U.K. and Canada , 1/4 oz silver , circulated coins , nickle/copper comms and bullion coins. So for the first time I looked at proof 1 oz coins and guess what , there more expansive than the U.S. mint. After bashing the U.S. mint for a week, I have to eat crow and say , sorry to them. ( I know I cant spell)

  • @tikimann9300
    @tikimann9300 Před 19 dny +1

    Very informative video . Thanks for the information .

  • @zzyzxRDFwy15
    @zzyzxRDFwy15 Před 19 dny +1

    Silver spot price went up $15 since last Mint's price increase, not. The Morgan and Peace Dollars coins don't even have a troy ounce of silver in them. Don't reward them.

  • @chadwolfeschledgelsteinhau9697

    The mint knows something we dont. Like mabey price could be $60.00 by yrs end

  • @zzyzxRDFwy15
    @zzyzxRDFwy15 Před 19 dny +1

    Are the 2023 uncirculated Morgan and Peace dollars new in the OGP now worth at least $91?

  • @wdmerica8180
    @wdmerica8180 Před 19 dny +1

    morning buddy. Good video again my friend.

    • @SonOfASilverStacker
      @SonOfASilverStacker  Před 18 dny +1

      Hello! Been busy today! Did the the driveway and three sidewalk pads, so far!!!

    • @wdmerica8180
      @wdmerica8180 Před 18 dny +1

      @@SonOfASilverStacker nice! I got some stuff going on, not sure what to do man. My marriage is feeling one sided lately and haven't really spoke to her all weekend. Since last Thursday. Not this is gonna end well.

    • @SonOfASilverStacker
      @SonOfASilverStacker  Před 18 dny +2

      @@wdmerica8180 What a bummer in the summer! I'm sorry to hear that...I'll pray for healing of your relationship.

    • @wdmerica8180
      @wdmerica8180 Před 18 dny +1

      @@SonOfASilverStacker I appreciate it man. I could use it brother.

  • @bucnbas
    @bucnbas Před 19 dny +4

    Boycott

    • @SonOfASilverStacker
      @SonOfASilverStacker  Před 19 dny +3

      That's an interesting idea; do you think anyone will go along with it?

    • @bucnbas
      @bucnbas Před 19 dny +1

      @SonOfASilverStacker lol it will never happen but I really wish we could get an audit of the mints practices and if they would pass I would stop criticizing them

    • @SonOfASilverStacker
      @SonOfASilverStacker  Před 18 dny +1

      Oh! Yes, please!!!

  • @richarddavis6133
    @richarddavis6133 Před 19 dny +2

    Gonna be in Denver later this month. I'll report what activity I see in the comments.

  • @geralddraper4491
    @geralddraper4491 Před 19 dny +1

    So is $16 good for Celia Cruz proof .999 Ladies 2024 Quarter ? Worth busting up the 5 coin proof set 😁

    • @geralddraper4491
      @geralddraper4491 Před 19 dny +1

      Was a swallow for just under 1 oz as each coin was .18 just shy of 1\5 of an ounce making the $80 price tag about to be hiked 🚨 I had to jump and cut out any delivery charges by pulling on their door handle as I posted a few pics in your Discord Channel

  • @GardenerEarthGuy
    @GardenerEarthGuy Před 19 dny +4

    Lazy government workers at the mint raise prices to sell less and sleep on the job more.
    #dirtbagmint

  • @MrDGoldchains
    @MrDGoldchains Před 19 dny +4

    You have talked about the mint raising the prices in 7 videos. How long are you going to beat that dead horse. There is nothing that we can do about it but stop buying.

    • @reidredmann3738
      @reidredmann3738 Před 19 dny +5

      I disagree. This is the most important topic currently. Each video has had new information

    • @SonOfASilverStacker
      @SonOfASilverStacker  Před 18 dny +1

      Thank you! I do try to change it up for every video!