Breaking News! The USMint Increases Prices AGAIN! Shame on the Greed!
HTML-код
- Опубликовано: 17 окт 2024
- My website (shop for coins and bullion) spegtacular.com/
Buy from trusted online sources only! I choose JMBullion as my online dealer of choice! www.jmbullion....
Want to be a channel member? / @spegtacular
Channel members support my effort to bring you cool videos about the hobby you love. Thank you!!!
Want some Spegtacular swag to show your support?
Channel Merch: spegtaculars-y...
Contact me: Spegtacular@yahoo.com
Mail me:
Spegtacular
P.O. Box 1682
New Port Richey, FL
34656
Instagram: #spegtacular #coincollecting #gold #silver #preciousmetals #investing
Heck yeah. Let's all stick together and cancel!
Gibson needs to GO!
The US Mint is a business and it's quite possible that new pricing has nothing to do with greed. Why? The US, in general, has proven to be HORRIBLE at fiscal responsibility. It is absolutely in the cards that their costs are very high (due to bad money management), which necessitates a higher sell price. Whatever the reason, $91 for an ounce of business strike silver is ridiculous.
best comment here... It costs 30 dollars to get the materials, 30 dollars to pay the mint employees to mint it, warehouse it and ship the coin, so at the old price the mint was pulling in a 16 dollar profit per Morgan/Peace Unc dollars. Most physical production businesses work in the rule of thirds. 1/3 cost of materials, 1/3 to pay the people, and 1/3 profit. So since the costs are 30 30 the decided to take a 31 dollar profit with these new coins. To all those canceling this might become a key date if they decide to cease minting them or most likely a loss for those selling this series of coins this year.
The irony that $91 doesn't even keep up with their own inflation.
Gotta pay for Bidenomics 😂😂.
Buying overpriced trinkets in hopes of reselling them to a greater fool is a fool's errand, not an investment strategy.
They added those expensive clam shell cases. They must recoup the cost of those. 😂🤣😂🤣😂🤣
What a JOKE. I canceled all my subscriptions.
Good move..
@@mussrynorco They are right up there with the postal service now.
I canceled last week. 20% increase silver has not gone up that much
I just cancelled mine as well. $91 for not even an ounce of silver is a joke. I'm with you guys all the way. I guess we should expect this from an unqualified dei hire, smh
$76 to $91 is gonna cost them big time.
Yup. DEI.
You were spot on about the US Mint making the Morgan and Peace dollar 99.9 % silver as opposed to 90%. That has always been my beef with the US Mint. If you are going retro. GO RETRO!
The US Mint is price gouging even more than they have in the past. An average company would be investigated for these type of price increases. This is corruption at the government level and people should start seeing them for who they really are. There is no way anyone would ever make a profit by reselling these coins at these prices. This is it for me as I am no longer buying from them. These coins aren’t that special and eventually will be able to get them cheaper on the secondary market. They said the increase was because of the spot price of silver but they never reduce the prices of their products when spot prices go down so that is BS.
Thanks for the heads up. Just canceled my M & P subscriptions. 🍻
Cancelled a couple of days ago. The mint was charging too much for under an ounce of silver.
I cancelled my subscriptions too. I am just going to buy graded versions of these coins.
Wow, I guess I'll have to cancel my subs. I thought $76 & $80 was too dam expensive
I’ve been sticking to classic coins for the past few years. I used to buy modern commemoratives but the prices are ridiculous. I feel bad too because my grandma has bought me a silver proof set every year since 2010 and the prices on those are fucking crazy 😂 excuse my vulgarity it’s just ridiculous. Yeah silver is up but that doesn’t make a silver proof set no $100
Just cancelled mine. Such bs.
I quit the mint a decade ago. They have always been like this.
Hard to like the U.S. Mint since they became Canadian Mint wannabes by gouging the public. Their silver and gold products should not be 2X or 3X spot prices. Twenty years ago they actually served coin collectors.
A price increase from 76 dollars to 91 dollars for a one ounce Peace silver dollar coin??? I canceled my order right after getting the email.
This is an extra $4,125,000 dollars in their pockets. I haven't bought anything from the mint this year. Now, I'm not going to buy anything all year. I was going to buy the Morgan and Peace Dollars, but not now US MINT.
I’m a completionist and I cancelled all my subscriptions as well. They’ve hit my breaking point on price!
It used to cost 76, so up 15 not 10
I looked at my price from last year and it said $80
@@Spegtacular for the proof
UNC 76 and proofs were 80 FML
10-4
Bought in 2021 and that was it with these. Got lucky with those I received but never bought any of those offered since.
I agree 100% Speg !. Cancelled all my subscriptions 2 days ago. The mint is out of new ideas and way over priced and the quality of what they do produce is just not good enough, anymore !. The mint can lead a horse to water but they cannot make it drink it !.
Thanks for the info. Just cancelled my order and deleted my credit card info.
Ohh good point. I need to delete my card info too. Thank you.
I canceled our Subscriptions!
I canceled too lol I'll buy some maples instead
Speg--YOU ARE CORRECT, AS USUAL. I quit buying most everything from the US Mint after the ordering gaffs years ago. Especially did not buy the new Morgans and Peace Dollars. I wrote several letters to the old Mint Director at the time and also to the current director. As you say, they did not care for my suggestions, comments, or reality thoughts, as nothing has changed except piling on more of the same and charging even more. I for one, do not think that our coinage should be tainted with any current (or future) temporarily in-vogue, fly by night catering to political or social ideas that do not represent the heritage and beliefs of the majority of Americans. As an alternative, any commemoration of minority beliefs or causes might be better served being produced as collectible medals in a series, for those interested, not as circulating US coinage. Just saying.
Instantly canceled my subs. I was planning on giving as gifts. Now I'll probably just give eagles instead
Wouldn't be surprised if those go up too 😅
Imagine paying $91 for a new Morgan or Peace dollar and having it arrive loose having fallen out of its plastic holder and rolling around in the case. I saw pictures and video of that happening with the previous releases and I doubt the 2024 versions will be any different.
I still plan on buying the Flowing hair medal (won't buy the gold) unless they ask an unreasonably stupid price for it. I guess we'll see. Thanks, Speg!
Are you freaking kidding me? An LBGTQ coin? Dear Lord in heaven, please help us.
Cancelled.
It might make me reconsider buying coins from the mint.
Got the email. Then cancelled my order immediately. Have heard they want to stop the mint products all together. These little steps will give them the evidenace they need to do this. Feels like deeper meaning here. Theyre not this stupid. They assume we are.
I was done with them last year
Kept 1 of each, cancelled all the rest.
Well, someone has to pay the Ukraine retirement plan.
🤮
But Speg, at around $52 over spot the silver 1 oz coins are a real bargain compared to the $800 - 900 over spot for gold 1 oz coins! Curious how pressing out gold adds so much more value than it does for silver.
I cancelled my Morgan subscription. I’ll keep the Peace dollar for now.
Total BS, US Mint.
It was a $15 increase. The subscription was for $76
If you please most of the people most of the time you are doing good, you can please every all the people all the time , you do a good job on your videos.
And the US mint only pays spot price for the supplier total bs
I believe the unc and proof eagles are going up also. I canceled my Peace dollar order also. The Unc. Peace Dollar on subscription was only $76.00 on the email I got from them. They want another $15.00 bucks for a coin that has a 275,000 mintage no way. If they raise the Silver Eagles they will be canceled also.
I’d like to see what they sell for on fleabay
I'm not happy about this not one, little bit! 😤
Raising their prices for Summer FUN 😂
I canceled ALL my subscriptions Eagles, Morgan’s and Peace. I emailed them and basically said they have just caused a BudLite / Tractor Supply moment. Go Woke go Broke!
First, they mint too many
Second, they raise the prices
Third, I canceled all my subscriptions of Morgan & Peace, Keep Stackin Bros
They need more tax money to send overseas. Not buying from mint.
Ha ha ha … $90+ for a Peace Dollar? No thanks. NEVER give more money to the gov’t than you absolutely must.
The U.S. Mint is a ripoff. I got a 2023 Morgan for $59 and a 2023 NGC MS69 Peace dollar for $53 recently.
Finally, people need to stand up and stand together to stop the mints greedy practices. I cancelled my subscriptions last year. I've had enough. The Brittania is a lot better value and a decent coin to collect.
Canceled all my subscriptions
respect. im with you on that. keep it 100. id do the same. jack up prices. nope not for me than. ill find other stuff. might stick with canadian respectfull and better sercurity features and overall better coin.
I just unsubscribed to US Mint crap. It’s simply not worth it. When you sell, lucky to get $30/ a coin.
How is it greed when all dealer reflect price increase or decrease based on metal prices ? Not a shrill for the mint but let's not be disingenuous
Woow glad I haven't gotten anything from them in a while.. specially M&P cuz they will keep maken them every yr.. Flowing hair only for me but if it's expensive then nah al look in 2nd market.. if not then too bad for them
They should change there name to greedy mint
I'll End up buying on ebay for less
the mint has broke my limit ... ALL subs canceled !!!
Because of their failures and mistakes in the recent past they are in recovery mode by all means necessary 💵grab
In capitalism people who produce things the market wants are SUPPOSED to charge as much as they can for their products. Do the people here want the government to do price controls or something? Not run for efficient profits like any business would?
Can you really blame The Mint or is it greedy people thinking that in 20 or 30 years they will sell these same coins for much more money ? It is just Silver and in a SHTF situation a new Morgan Dollar will be worth the price of Silver . I understand being a collector but I also understand that there must be a little common sense also .
I won't be shocked if they want $4,000+ for the Flowing Hair gold coin. lol
Due to the increase cost of gold, the coin will now be $9,999.99 + shipping.
And we’ve decided to make it 89% gold and the remaining alloy zinc.
I stopped u s mint buying. Phooey!
Cancelled all my subs also
The mint will have these for years to come now that the word is out. People are cancelling their subscriptions faster than they are dumping satellite TV, LOL
I quit buying from the mint in 2000
Poor management! I was pi**ed when they continued the peace and Morgan after the anniversary issue! This all started after Brandon was elected!
Let’s go Brandon!
Cancelled…bye bye
It's not the mint it's the director her name is Gibson she's been a disaster in so many ways
The US mint needs to make money stop guilt shaming them! 🤣
since when is the gov good at making money ?
@@Logan0o they make it all the time out of air buddy 😉🤣
Booo
Dude i pledge my allegiance to God, and only to God. Stop idolizing the flag.
you’re looking at it in your own way. You WORSHIP God and you love your country. Even God wants you to love your land. It’s in the Bible if you’d like to discuss.
@Spegtacular that's cool and I don't disagree. The wording of the pledge I see as an attempt to put the flag above God. Especially in the minds of children as it was mandatory to say it every day in school. The same schools where prayer is not allowed. I have felt that way since I was in school 35 years ago. I love America, just not a put your hand over your heart and pledge to a flag or a country kind of love. I do respect anyone's right to disagree.
Nope. Listen to it: One nation, UNDER God. We recognize that God is first and everything else is under it.
Pledge allegiance to your country and Worship God sir.
Take it easy!
Buuuuuuurp.
I refuse to play their game.