Gold & Silver Forum (http://goldismoney.info/forums/index.php)
- Gold - Silver - Coins - Numismatics (http://goldismoney.info/forums/forumdisplay.php?f=51)
- - US Mint New Pricing Policy for Gold & Platinum Numismatic Products (http://goldismoney.info/forums/showthread.php?t=337106)

keehah | 01-06-2009 08:27 PM
US Mint New Pricing Policy for Gold & Platinum Numismatic Products Jan06,09: US Mint Publishes New Pricing Policy for Gold & Platinum Numismatic Products Quote:
Effective January 12, 2009, the United States Mint will commence selling numismatic products containing American Eagle Gold and Platinum Coins, American Buffalo Gold Coins, First Spouse Gold Coins, and the 2009 United States Mint Ultra High Relief Double Eagle Gold Coin at prices established by using the new pricing methodology. Specifically, each Wednesday, the United States Mint will apply the average London Fix for platinum and gold (average of the London Fix prices covering the previous Thursday A.M. Fix through the Wednesday A.M. Fix) to the below pricing schedules. Price adjustments as a result of this process, if any, will be effective at 10 a.m. E.S.T. on the immediately following Thursday.
An example from the chart: Price of gold: $800.00 to $849.99, Price of Americian Eagle:$1,078.00 From the Federal Register Online via GPO Access More evidence the COMEX/spot price is BS? Over a 25% premium!

AGRO | 01-06-2009 09:09 PM
Re: US Mint New Pricing Policy for Gold & Platinum Numismatic Products Not sure if I like that idea, guess it can be both good and bad...

Duncan | 01-06-2009 10:24 PM
Re: US Mint New Pricing Policy for Gold & Platinum Numismatic Products 30% markup, so the USA no longer has bullion coins then. Period. At least the taxpayer can save money, since they will only have to make a few dozen this year! hahahahahah

HistoryStudent | 01-06-2009 10:34 PM
Re: US Mint New Pricing Policy for Gold & Platinum Numismatic Products THINGS to NOTE: Now, now, boys and girls, quit using common sense because you'll be smarter than the Obummer's Cabinet picks - per Maybury - of the 17 most are downright STATISTS. Gosh, where's the change? #2 the gold price dumped today because the INDEX funds had to reduce their 8% gold holdings to 6% - and somebody bought a few tons - :111: #3 Funny how the commodity gold won the only advance for the year of about anything - the PTB - killed it's percentage on the Index. Funny how they only pick the BEST stocks for the DOW - now I wonder why? :111::111::signs14:

HistoryStudent | 01-06-2009 10:55 PM
Re: US Mint New Pricing Policy for Gold & Platinum Numismatic Products Fed site has NADA in PMs basically for sale except for 10th oz. gold at $1800 ounce. I wonder why? :signs14::111::111:

californiaprospector | 01-07-2009 12:09 AM
Re: US Mint New Pricing Policy for Gold & Platinum Numismatic Products They have pricing for GAE fractionals, so, does that mean they will produce them, or is it just a tease (or required by law or regulation)?

HistoryStudent | 01-07-2009 08:50 AM
Re: US Mint New Pricing Policy for Gold & Platinum Numismatic Products Quote:
Originally Posted by californiaprospector (Post 1499168) They have pricing for GAE fractionals, so, does that mean they will produce them, or is it just a tease (or required by law or regulation)?
Yes try to buy a gold, silver, or platinum multi variety today today on the site - but, it is the change over for the year. Come Feb. 1st - we might have a true handle on the possible future of the PMs at the USMint. Maybe they go into "DEEP STORAGE" too like the people's gold held in trust by the so-called USTreasury. :111::111::signs14:

pbr streetgang | 01-07-2009 04:48 PM
Re: US Mint New Pricing Policy for Gold & Platinum Numismatic Products I suspect that this will be a good year to invest in U.S. Mint coins from a numismatic stand point. Why? The metal price plus the newly inflated premium is going to drive away alot of retail investors so this equals low mintage numbers. Plus I also see PM prices higher by years end and they will also adjust their prices which will further drive away investors. If last years mintage numbers are correct then this year will be lower. Lastly, with the elimination of the fractional pieces I cannot see too many people buying a full ounce of minted coins especially proofs. Now if we add rising unemployment, softening economy, inflation blah, blah, blah.....you get my point.

All times are GMT -4. The time now is 04:16 PM. |

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Copyright = None use it and Link to GIM