MIC FIXED!🚨BREAKING!🚨 US Mint Raises Prices For ALL 2024 Silver Numismatic Items Starting July 9th!
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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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As a loyal customer, we wanted to notify you this will impact the price of any subscriptions you have for the Morgan or Peace Silver Dollar Uncirculated Coins which go on sale July 11, 2024. On July 11, the Morgan and Peace Silver Dollar Uncirculated Coins will go on sale for $91.00.
United States Mint
www.federalregister.gov/agenc...
Establish Prices for 2023 United States Mint Numismatic Products
www.federalregister.gov/docum...
Notification of Citizens Coinage Advisory Committee Public Meeting-July 15, 2024 (Day One) and July 16, 2024 (Day Two)
www.federalregister.gov/docum...
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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.
Ok, in 2022 in the summer and for a couple of months silver dipped below $20, what items were lowered in price by the mint?
SQUEEZE is on brother!!! Usmint like hedge funds are raising prices beyond people’s pay scale, numbers will drop immensely imo💪🏼
Let's not get too excited....these price increases are only TRANSITORY 🤣
😆
done with the mint ... cancelled ALL subs ... boycott the mint .. this will not stop if we keep buying
I canceled 23 different subscriptions throughout the rest of the year. They will get the message.
SSS Good Afternoon . I got the Price list emailed to me . The Silver
Proof Set $130.00 now Raise up to $150.00 . The Limited Edition
Silver Proof set $220.00 now up to $255.00 . The Price of the Silver
Proof set was raised $105.00 when Gibson to over . The Mints
wheels are coming off . There will be a lot less sales . It will be a
better to Buy for a Libertad or Germania . :-))
Thanks Rocky ✌🏻
@@brenthardenburg4920 Your Welcome . I will rethink
what I am spending at the Mint :-))
@@rockysuperstar1 🤗 Libertads haven't bought one since 2022. I might rethink but I have been extremely conscious of $ amount per oz of three or four 9's fine *Silver sovereign coins on my list being ASE & Maples in cull form of pricing as when it comes down to it , my practices will pay off
I canceled all my silver subs, thank you us mint, They raised the prices at 35 an oz, now its 30, they should be lowering there prices.
Better audio -- now i can hear you. The U.S. Mint is not serving collectors well. This sudden price hike is inflationary and unwelcome. Meanwhile, junk silver follows the daily silver spot price fluctuations reliably, and you can still buy tons of authentic old Morgans and Peace dollars (so-called "collectible junk") at your local LCS or online in BU condition, raw or slabbed, take your choice.
$91, that’s too steep. Maybe $80….. I canceled.
Over the last few years they would offer introductory pricing when the commemorative coins were issued and then raised them up later. At least it rewarded the regular collectors.
Big like 88 my friend! Excellent video and thank you so much for sharing!
The Mints prices couldn’t be more removed from spot price. Well, apparently they can be. This increase is purely a money grab. The coins aren’t worth what they are currently selling them for, the secondary market isn’t supporting the current price, so I find it hard to believe that’s going to improve with these arbitrary price increases. I’d rather get more silver for the money. It’s no longer worth buying from the Mint.
Done! I cancelled all my subscriptions. No more Eagles, no more silver sets, no more Morgans or Peace dollars.
Crazy prices now!!!!!!! WTF! 150 for the silver proof set!!!! 😡🤬😡🤬
I deactivated all of my subscriptions. Anything I want I will just buy graded from a dealer essentially day-of-release (risk-adjusted).
I just cancelled 12 subscriptions. I left on 3 of them, but mentioned that I could cancel them too if that would be helpful.
great day of site seeing in DC witha stop at the United States Mknt Storefront and had to of many things , pick up the Silver proof American Women Quarters to get "Sugar"Celia Cruz along with the other 4 ladies 😁 wasnt waiting for a PRICE HIKE!😠
If you are a stacker and want the cheapest possible metals then getting anything from the US mint is the worst decision you can make. If you are a collector and like the Morgan/Peace design then this should not affect you unless the new price point really effects your ability to buy these. Personally, I think the price of these will drop below the initial mint value in protest but if the Mint cuts production lower than their figures then these new Morgan/Peace releases this year might become Key dates with values exceeding the initial minted value.
Every other time I receive coins that I purchase for my grandchildren they're scratches and dents fingerprints bent! They need lessons from perth or royal. Shameful.
Bad audio quality or not the mint raising the prices the way they have just sucks. I am re-evaluating my subscriptions now.
And I was hoping for an Independence Day sale 😂
At these prices all coins produced better be of the highest quality but the mint has terrible quality control issues so really they need to go back to the drawing board for a better plan of action
I’m collecting the Innovation Dollars. Cancelled my other subscriptions. Juice ain’t worth the squeeze anymore, IMHO.
The squeeze is on. This is exactly what the Mint wants. They have seen what prices can be realized on eBay and want a piece of the action. Out price the poor, back in the trucks 🚛 for the bulk purchacers, eliminate you all from eBay and then the Mint and bulk purchacers can replace the little guy who can't afford to keep up on eBay. I call it THE AL CAPONE. How about them apples you poor bums. Don't like it? Wanna cry? Then play with pennies if you want to feel like a somebody. 🤌🏻👎🏻
Thanks for the update TripleS. I am subscribed to 1 uncirculated Morgan and Peace Philadelphia. Will keep it, but not happy. I really want the 2024- S Morgan and Peace proof dollars. Lowered my subscription to 1. Will probably buy a slabbed PF70- "S" Morgan and Peace from one of the big coin dealers, offering Trump on the label. Not sure what to do with the Reverse Proof Set - currently subscribed for 2. My suspicion is what does the mint know? Do they know silver supply is under strain?
Hi SSS Good Morning There going to rise the prices on all silver products dalm I bet the flowing hair also..
I can hear you!!
I just dropped my subscriptions from 2 to one. The Mint is really pissing me off they don't need to make that much money on us.
I thought it was bluetooth ear buds on the first video 😂
Always a Great show SSS 👍👍🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Happy 4th !!!!
Thanks 👍
They must want to sell less coins.
Exactly.
The sound is much better. There might be a day when you can't get silver coins.
What if Ebay is driving up the cost ?
Could very well be.
Is a subscription considered a ‘purchase’ ? Then subscription price would be locked in prior to the increase on 7/9/24 🤔…. current price vs price effective July 9
Highly doubtful. Mint usually says that precious metals are subject to price increases. Great question. Have a great Fourth of July. 🇺🇲
That’s what I was thinking also.
Ths mint lost their minds.
I've illegally immigrated to Canadian as an undocumented stacker so now so I'm stacking silver Maple Leafs until The Canadian Royal Mints pulls the same DEI price increase, then I'll illegally immigrate my stacking habit to some other country.
🎉🎉🎉🎉🎉🎉🎉
From the Mint:
For your awareness, we’ve listed the current and future prices for our silver coins and medals.
American Eagle One Ounce Silver Proof Coin (W)
Current Price…………….….$80
Price Effective July 9……....$95
American Eagle One Ounce Silver Proof Coin (S)
Current Price…………….….$80
Price Effective July 9……....$95
American Eagle One Ounce Silver Uncirculated Coin (W)
Current Price…………….….$76
Price Effective July 9……....$91
2019 American Eagle One Ounce Silver Enhanced Reverse Proof Coin (S)
Current Price…………….….$90
Price Effective July 9……....$105
2019 American Liberty 2.5 Ounce Silver Medal
Current Price…………….….$175
Price Effective July 9……....$242.50
American Liberty Silver Medal
Current Price…………….….$82
Price Effective July 9……....$97
America the Beautiful Five Ounce Silver Uncirculated Coin
Current Price…………….….$380
Price Effective July 9……....$455
I’m not buying nothing else from the mint anyway lol I cancelled all my subscriptions about a month ago.
Price chart is out email sent by US Mint does not look good 🥲 prices are very high no bueno
Yea no bueno!!!!