US Mint Is Hiking Silver Prices, $67 For Each 1-Ounce Uncirculated American Eagle

[EE_]

https://www.silverdoctors.com/headlines/world-news/breaking-the-us-mint-is-hiking-silver-prices-will-charge-67-for-each-1-ounce-uncirculated-american-silver-eagle-coin-in-just-five-days/

[mamboni]

$67 for an uncirculated SAE? That seems crazy high. I don't think they will sell many. I assume the dealers buying in bulk will get a discounted price. APMEX selling 2020 SAEs for about $30 and earlier dates range from $33-36 excluding the low mintage dates. Silver spot is presently $24. The US Mint pricing seems a deliberate attempt to discourage Americans from buying SAEs, no? Or is physical silver about to jump in price big time?

[EE_]

$67 for an uncirculated SAE? That seems crazy high. I don't think they will sell many. I assume the dealers buying in bulk will get a discounted price. APMEX selling 2020 SAEs for about $30 and earlier dates range from $33-36 excluding the low mintage dates. Silver spot is presently $24. The US Mint pricing seems a deliberate attempt to discourage Americans from buying SAEs, no? Or is physical silver about to jump in price big time?

Wonder if the mint, or the dealers will raise prices on bullion eagles? I guess we'll find out next week.