The United States Mint is announcing new pricing for various United States Mint numismatic products dated 2018-2021 in accordance with the table below:
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About the United States Mint
The US Mint was created by Congress in 1792 and became part of the Department of the Treasury in 1873. It is the Nation’s sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce.
The United States Mint also produces numismatic products, including proof, uncirculated, and commemorative coins; Congressional Gold Medals; and silver and gold bullion coins. The Mint’s numismatic programs are self-sustaining and operate at no cost to taxpayers.
I am delighted to see Mint products continue to exhibit totally unjustifiable “price creep.” I wish you all the best in your future endeavors.
Yes more price increase, great way to reduce profits or create deficits. The silver lining? The mintages will drop but then the production of NIFC coins will increase. However, these coins – for the most part – will gain over time only a very modest premium due to their lack of use in commerce. The exception to this would be if silver and gold peak in a price bubble and then the NIFC coins with bullion would increase as people would melt them realizing how long it would take for most of them to recoup their initial cost (despite having modest or low mintages). Still as I have written before will keep my enrollments for now althought these will be the first to be considered for elimination when I have to tighten my belt.