Тёмный

US Mint Raised Prices to Make More Money, Then THIS Happened 

Silver Heist
Подписаться 23 тыс.
Просмотров 4,6 тыс.
50% 1

The US Mint raised the prices of their collectible silver Morgan Dollars and Peace Dollars over $15 from the price they charged last year. Did the US Mint end up making more money? Or did they tank their sales? I've got the official US Mint production numbers, and an unboxing of the two coins!
APMEX Affiliate Link 👇👇
mnpa6gtrk.com/...
Use the coupon on the checkout "HEIST" for an additional $5 discount on your order over $50
Browse or Buy the US Mint silver or gold, or Perth Mint Lunar gold series coins, or any other items!
------------
Do you stack gold, silver, or both? I make consistent purchases for my gold and silver stack. Sometimes the spot prices go down just after you buy your latest coins. Sometimes the prices go up from the time you make your purchase, while your coins are still in the mail!
Are you a gold stacker? Do you stack fractional Gold Coins or full ounce gold coins? Do you stack US Mint American Gold Eagles? Other gold bullion? How about American Silver Eagles?
As a gold stacker (or silver stacker), with today's prices, are you adding more physical ounces of precious metals now, or are you holding, or are you selling?
Subscribe today, so you don't miss future content!
---
Another Great Video! 👇👇 (61,000+ views!)
7 Signs You're a Better Silver and Gold Stacker Than You Think
• 7 Signs You're a Bette...
----------------------------
Being a stacker is about being independent and about personal responsibility, so it might make sense to not even buy precious metals at this time. Having an emergency cash savings fund is important as well as paying off debt. Only you know your own financial situation.
DISCLAIMER: I am not a financial planner, so this is not financial advice. This is for illustrative and entertainment purposes only. Please conduct your own research prior to investing in gold, silver, or other investments.
Affiliate Link Disclaimer: I am a participant in the @APMEX affiliate program, an affiliate advertising program designed to provide a means for me to earn fees by linking to the APMEX website. Some of the above links are affiliate links where I may earn a small commission at no additional cost to you. Thank you!
Topics discussed in this video include:
Silver Heist, gold, gold stack, gold stacking, gold stacker, gold bullion, 999 fine, 9999 fine, 22k, one ounce gold, American Gold Eagle, AGE, savings, cash, cash savings, gold coin, spot price, premiums, US Mint, gold spot price, diversifying investments, physical gold, all time high gold price, investing in gold, Buying the dip, dollar cost averaging, American Silver Eagle
#USMint #Morgandollars #APMEX

Опубликовано:

 

6 сен 2024

Поделиться:

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист
Посмотреть позже
Комментарии : 139   
@lanceself3451
@lanceself3451 Месяц назад
To raise the prices two days before this drop was sleazy
@abrahams.lincoln6749
@abrahams.lincoln6749 Месяц назад
Don’t forget…They told us 3 years ago inflation is “transitory.” 🇺🇸
@jaredroussel
@jaredroussel Месяц назад
Yellen: "Well, life is transitory. So it was true."
@SilverHeist
@SilverHeist Месяц назад
… flatten the curve!
@Andranik05
@Andranik05 Месяц назад
09:43 I’ve been running calculations like this and also concluded they lost millions in net revenue. The products were already overpriced even before the price hike.
@SilverHeist
@SilverHeist Месяц назад
The price increase backfired with less dollars coming in!
@Userhfdryjjgddf
@Userhfdryjjgddf Месяц назад
Been stacking 10 years. Have never odered from the mint. Glad others are catching up. Never owned an overpriced iphone. Been boycotting Anheiser busch for so long cant remeber. Glad others are catching on
@SilverHeist
@SilverHeist Месяц назад
Vote with your dollars.
@mrsawyer186
@mrsawyer186 Месяц назад
I cancelled all my subs after the price raise. Screw the greedy us mint.
@rustynail7609
@rustynail7609 Месяц назад
Screw the greedy us mint. Out of touch - Hall and Oates
@SilverHeist
@SilverHeist Месяц назад
Many dropped the subscriptions. The numbers fell a lot.
@thomasjensen6243
@thomasjensen6243 Месяц назад
What is greed??? Aren't you also greedy? Don't be such a hypocrite.
@SonOfASilverStacker
@SonOfASilverStacker Месяц назад
The US Mint never went 'Live at Budokan!'
@SilverHeist
@SilverHeist Месяц назад
That was the Mints BIG Mistake! If they could only sell to a screaming Japanese audience! Then Americans will follow! 😂
@TheQuickSilver101
@TheQuickSilver101 Месяц назад
I'm not surprised by that result. I'm sure anyone who bought in 2024 appreciates the new packaging but is it worth the increased price? Looks like the US Mint got the answer to that question. Thanks, Silver Heist!
@SilverHeist
@SilverHeist Месяц назад
Many many collectors have said enough is enough. They are either grateful to have one (down from multiples) or have dropped the series all together. Numbers way down, but still great coins.
@darkhorse6770
@darkhorse6770 Месяц назад
And it's not even a Troy ounce
@SilverHeist
@SilverHeist Месяц назад
Crazy! $15 extra dollars and not even an ounce.
@SalivateMetal
@SalivateMetal Месяц назад
US Mint. Listen to your money talk! Great analysis my friend. Valuable lesson to learn here.
@SilverHeist
@SilverHeist Месяц назад
Thanks Sal! The mint thought they had a great plan to make more money … totally backfired.
@fareast_de
@fareast_de Месяц назад
Nobody is forced to buy for those prices, just be patient and wait for the decline on the secondary markets. Lucky me, my collection of U.S. coins and medals starts in the year 1802 and ends with the year 1947. 😉 Greets from GER, U.
@SilverHeist
@SilverHeist Месяц назад
Some of the best US coin designs are from before 1947. The classics!
@billbryant9995
@billbryant9995 Месяц назад
I was enraged over this last price hike, cancelled all silver subscriptions at the US mint. Sucks as I was really looking forward to seeing these coins.
@SilverHeist
@SilverHeist Месяц назад
You are not alone in canceling. They are nice coins so it’s a tough call.
@CyberCurtainTwitcher
@CyberCurtainTwitcher Месяц назад
Yes they did. I had a friend here who wanted me to get him one of each, but after I gave him the price he didn't bother getting me to order them.
@SilverHeist
@SilverHeist Месяц назад
@@CyberCurtainTwitcher the new us mint prices do create second thoughts.
@airleadjoemiranda5721
@airleadjoemiranda5721 Месяц назад
Glad to see I am not the only one to wise up and not fall for the grift. I lowered the amount of proof and reverse proofs also, only getting one of each and watching closely for their next move for 2025. May not even continue next year if they rise the price again. 🤔
@SilverHeist
@SilverHeist Месяц назад
One of each is more than enough.
@mrcherry-v5n
@mrcherry-v5n Месяц назад
The U. S mint started price gouging with all their coins, it's not right!!
@SilverHeist
@SilverHeist Месяц назад
Yes! Not just the Peace and Morgan Dollars. All the collectible coins have higher prices now.
@robertscagnelli1011
@robertscagnelli1011 Месяц назад
Fantastic presentation!! Thank you!!
@SilverHeist
@SilverHeist Месяц назад
Glad you liked it! Thanks for watching.
@SilverBackStacker
@SilverBackStacker Месяц назад
Pretty sure the mint director is a dei hire
@SilverHeist
@SilverHeist Месяц назад
@@SilverBackStacker the US Mint is not enough about excellence
@yttst01
@yttst01 Месяц назад
It's called killing the goose that lays the golden eggs.
@SilverHeist
@SilverHeist Месяц назад
Very true ! 🥚
@slayerstacker2074
@slayerstacker2074 Месяц назад
Tell me if I'm wrong, but didn't the mint raise their prices the last time the silver spot price went up over $30 and ounce ? But when the spot price of silver dropped, their prices never dropped. Then the spot price rose again, and they raised their prices for a second time for the same spot price. Double whammy as far as I can tell.
@SilverHeist
@SilverHeist Месяц назад
Double jeopardy! You might be right!
@silversteeler2851
@silversteeler2851 Месяц назад
Love the breakdown and comparison. Excellent video. The mint...sigh, always thinking about profit...big profit.
@SilverHeist
@SilverHeist Месяц назад
Boom! The mint thought so much about profit that it backfired!
@betod3113
@betod3113 Месяц назад
Thats what they get for doing that!!!
@SilverHeist
@SilverHeist Месяц назад
@@betod3113 it does serve them right.
@bullionaddict9164
@bullionaddict9164 Месяц назад
As much as I was looking forward to receiving my coins, I canceled my subscriptions. I wonder if they'll get the message 🤔 Oh, wait, it's the government 🙄 what was I thinking 🤔
@SilverHeist
@SilverHeist Месяц назад
Enough people walk away and the message will land.
@tomfindstreasure
@tomfindstreasure Месяц назад
Numbers don't lie. Wow!
@SilverHeist
@SilverHeist Месяц назад
Last year’s first week sales 95% of upper Mintage to this year’s first week sales of same Mintage was pretty shocking.
@WorldMoneyWins
@WorldMoneyWins Месяц назад
I dont buy from the US mint. I was in on the 2021 Morgan/Peace fiasco, and I vowed to never buy from them again after that mess. I CANT WAIT to get rid of all my 2021 coins.
@SilverHeist
@SilverHeist Месяц назад
The subscriptions were a good answer to the Chaos of crashing websites, but raising prices two days before the big coin release was a bad move.
@jhncarr357
@jhncarr357 Месяц назад
Never had gotten anything from US Mint but do have an iPhone Stack Strong 💪🏼
@SilverHeist
@SilverHeist Месяц назад
I’m an iPhone fan and stacking fan!
@CSAN
@CSAN Месяц назад
They stabbed it with their steely knives and DID kill the beast
@SilverHeist
@SilverHeist Месяц назад
The mint killed the golden goose!
@bradleyozbun1012
@bradleyozbun1012 Месяц назад
It's criminal raising prices ! Isn't it the law to not profit off the coins ? 💯 thx. For the view of the situation.. Best of collecting to you sir.
@SilverHeist
@SilverHeist Месяц назад
Happy collecting to you too!
@alienal8278
@alienal8278 Месяц назад
I went with the 1776 first pour bar by first majestic
@SilverHeist
@SilverHeist Месяц назад
@@alienal8278 nice! 🇺🇸
@tomtharos4440
@tomtharos4440 Месяц назад
I cancelled everything except the Innovation Dollars. Have no intention to add them back.
@SilverHeist
@SilverHeist Месяц назад
You are not alone in canceling subscriptions! Bad move by mint.
@williamfender661
@williamfender661 Месяц назад
I am stuck on 49 philly and San Francisco dimes. Last 2 I need and I just can't find the right coins for the right price. So, I bought a 1921 morgan silver dollar graded MS63 for $53. The last 2 dimes will cost at least this much, if not more. I will keep looking until I find the right ones.
@SilverHeist
@SilverHeist Месяц назад
Patience will pay. Might as well get the right shine at the right price.
@bigo2032
@bigo2032 Месяц назад
Last year I got three of each coin, this year I canceled all subscriptions of the Morgan and peace dollar, eagles are my favorite group, love the song, Wasted Time, Keep Stackin Bro
@SilverHeist
@SilverHeist Месяц назад
Keep stacking! Life’s Been Good to me so Far. (Walsh/Eagles).
@KriswithaK4821
@KriswithaK4821 Месяц назад
Cancelled all my subscriptions. Totally done with the US Mint.
@SilverHeist
@SilverHeist Месяц назад
Last minute price increase was a mistake.
@JimWemm-ql1ge
@JimWemm-ql1ge Месяц назад
We have been trying to tell them, but what would we know! 🍻
@SilverHeist
@SilverHeist Месяц назад
Maybe the US Mint will see now that they killed the golden goose.
@JUST1N888
@JUST1N888 Месяц назад
I have stopped my subs … I am buying gold instead . I have a lot of silver so I am happy with my silver situation. Great video
@SilverHeist
@SilverHeist Месяц назад
Thanks! $91 is awfully expensive for less than an ounce of silver. Nice coin, but many options out there including Gold! 💪
@chucksw1
@chucksw1 Месяц назад
They lost my dollars!
@SilverHeist
@SilverHeist Месяц назад
Plus many many more lost customers.
@waag56
@waag56 Месяц назад
I changed my subscription down to one each awhile ago. I received 3 coins and was billed for an extra Peace dollar. I'll keep it but kind of sleazy transaction
@SilverHeist
@SilverHeist Месяц назад
Weird of Mint to change the price at last minute. Only some people were quick enough to make adjustments, but many lowered quantity or lowered it to zero. It’s a shame, because it’s a nice coin.
@Coindom65
@Coindom65 Месяц назад
Where do you find how many Morgans and Peace Dollars that have been sold?
@SilverHeist
@SilverHeist Месяц назад
Us mint site under about. Then production. Then cumulative sales. Weekly reports of numismatic coins.
@Coindom65
@Coindom65 Месяц назад
@@SilverHeist I found it thanks
@williamkechkaylo7915
@williamkechkaylo7915 Месяц назад
i don't buy the box , i buy the coin. its cheaper to buy in the aftermarket period.
@SilverHeist
@SilverHeist Месяц назад
Very true.
@williamfender661
@williamfender661 Месяц назад
I didn't buy any 2021 morgan or peace dollars, but I do have 2 complete sets of 2023 coins. One set is cacg, and the other set is pcgs. I might or might not buy graded 2024 coins. Not for sure yet.
@SilverHeist
@SilverHeist Месяц назад
I like the coins. Nice things are expensive these days.
@DrMatey215
@DrMatey215 Месяц назад
There is a limit to what people are willing to pay. This price hike is extortion!
@SilverHeist
@SilverHeist Месяц назад
You can only push a man so far and think he’s going to keep moving in the same direction.
@rustynail7609
@rustynail7609 Месяц назад
Great video. 🤘🏼
@SilverHeist
@SilverHeist Месяц назад
Glad you enjoyed it
@coinousel6307
@coinousel6307 Месяц назад
Sent mine back, I was too late to pausing my subscription. trying to overcome my fomo.
@SilverHeist
@SilverHeist Месяц назад
Getting a count of how many are sent back will be the next shoe to drop.
@SirAlford
@SirAlford Месяц назад
Did not order these do to the price shake down!
@SilverHeist
@SilverHeist Месяц назад
Price went up a lot, at last Minute.
@lanceself3451
@lanceself3451 Месяц назад
Music to my ears 😊
@SilverHeist
@SilverHeist Месяц назад
Rock on!
@mysterybuyer3738
@mysterybuyer3738 Месяц назад
I been buying these. Not really sure why. They can't even make them a full ounce, all that packaging just takes up room and means nothing, and I thought these would be a hit but no one seems really excited about them. The finish of the coins also seems too chrome like. I might try to auction off all of them then buy bullion. Along with that stupid batch of colorized I stand with Israel silver eagles. Everything has been a numismatic flop.
@SilverHeist
@SilverHeist Месяц назад
The Peace and Morgan dollar coins used to be a hit, but the mint killed the golden goose. Some people just wanted one, some people wanted one per year, and some people have moved on.
@Coindom65
@Coindom65 Месяц назад
And what does the government call real inflation?
@SilverHeist
@SilverHeist Месяц назад
That’s another story. There’s inflation and then there’s the govt numbers for inflation.
@Coindom65
@Coindom65 Месяц назад
@@SilverHeist Cooking the books club
@RipVanSmith
@RipVanSmith 22 дня назад
To add insult to injury, Morgan and Peace dollars do not even contain a full troy ounce of silver - they are 0.859 troy oz. Does it cost more to obtain these odd-sized planchets? This program should have been one and done in 2021 when it was the 100-year anniversary.
@borisperez3129
@borisperez3129 Месяц назад
I canceled all my subscriptions from the mint. If they lower them back again I might think about buying some slightly overpriced products. Right now they’re very overpriced.
@SilverHeist
@SilverHeist Месяц назад
Many came to the same conclusion. Lots of cancellations.
@markWilliams-bw7uj
@markWilliams-bw7uj Месяц назад
I dropped all but one peace dollar
@SilverHeist
@SilverHeist Месяц назад
@@markWilliams-bw7uj I like the Peace Dollar! Great coin!!
@darkhorse6770
@darkhorse6770 Месяц назад
Their goal wasn't to sell more silver this yr...they had to get our of their paper silver short position and that was costly
@SilverHeist
@SilverHeist Месяц назад
They raised price sooo high that they made less money !!!
@darkhorse6770
@darkhorse6770 Месяц назад
@SilverHeist the mint "bets" on the price of silver....they got caught on the wrong side of the trade and then they were forced to charge more to make up for their loss..I agree they screwed themselves and sales sucked
@quarter-py4nr
@quarter-py4nr Месяц назад
I canceled my subscriptions. I didn’t want to, but enough is enough.
@SilverHeist
@SilverHeist Месяц назад
Many people drew a line. The mint lost a sizable amount of customers.
@quarter-py4nr
@quarter-py4nr Месяц назад
@@SilverHeist my theory is that they intentionally did it. Less materials, less labor, and they increased price $15 each. How much overhead do they save? Or, they are using materials, and labor cost to manufacture other products.
@dylana.601
@dylana.601 Месяц назад
Who would have thought the greatest country in the world would have one of the worst mints. No diversification when it comes to weight or shape (1,5,10 oz bars) and crazy premiums. Imagine how cool it would be to have an American Silver eagle bar or a Gold one. Do better US mint 🤦‍♂️
@SilverHeist
@SilverHeist Месяц назад
@@dylana.601 agreed!
@teohsoonkeat3058
@teohsoonkeat3058 Месяц назад
It is for the rich to invest now......we wait for good times.....
@SilverHeist
@SilverHeist Месяц назад
Patience will pay. Make the future great again.
@redkrawler
@redkrawler Месяц назад
👀
@SilverHeist
@SilverHeist Месяц назад
Thank for watching 👀
@geralddraper4491
@geralddraper4491 Месяц назад
Just like my first ex wife. All she wanted to do was TAKE TAKE TAKE TAKE TAKE !
@geralddraper4491
@geralddraper4491 Месяц назад
TAKE TAKE
@charliechan6827
@charliechan6827 Месяц назад
Stop taking it up the axx! BOYCOTT THE US MINT!
@SilverHeist
@SilverHeist Месяц назад
Many cancelled their subscriptions. So the message was sent!
@natemr4482
@natemr4482 Месяц назад
Second 🥈
@SilverHeist
@SilverHeist Месяц назад
@@natemr4482 thanks Nate!
@on3tee539
@on3tee539 Месяц назад
#First
@SilverHeist
@SilverHeist Месяц назад
Thanks!
@VegasStacker702
@VegasStacker702 Месяц назад
It's about a 20% price increase. Silver is up almost 26% this year. I'm sure packaging costs went up. I'm not defending the US mint just saying. The numbers are there. This being said I don't buy any of these
@stephenbassett9451
@stephenbassett9451 Месяц назад
But they were overpriced before increasing price
@VegasStacker702
@VegasStacker702 Месяц назад
@@stephenbassett9451 I agree
@SilverHeist
@SilverHeist Месяц назад
Nice things are expensive and getting more and more expensive, unfortunately.
@MrMoney2511
@MrMoney2511 Месяц назад
........
@SilverHeist
@SilverHeist Месяц назад
@@MrMoney2511 ….. thanks
@johnrussomediacrime
@johnrussomediacrime Месяц назад
I canceled my subscriptions. They can keep their crap for that price
@SilverHeist
@SilverHeist Месяц назад
It’s an expensive coin for sure. You are not alone in canceling.
@johnrussomediacrime
@johnrussomediacrime Месяц назад
@@SilverHeist just not worth $90. And I have it to spend. I invest about $1000 a month in silver and gold. Bullion and numismatics
@silverbeast3637
@silverbeast3637 Месяц назад
Thanks for making this Video, it was good info, I to keep my subscription. #endthefed #breakthecomex #silversqueeze #IStandWithTrump
@SilverHeist
@SilverHeist Месяц назад
Many dropped the subscription but also many KEPT the subscription. They are nice coins.
Далее
Why Democracy Is Mathematically Impossible
23:34
Просмотров 3,6 млн
Dear Mr Starmer:   Subject: Islamophobia
7:33
Просмотров 69 тыс.
ПРОСТИ МЕНЯ, АСХАБ ТАМАЕВ
32:44
Просмотров 2,1 млн
Напугал рыжего малыша😂
01:00
Просмотров 96 тыс.
I Mined 50 Pounds of Silver Ore & Made 1800s Coins!
38:58
3 Types of Silver I Will NEVER Stack
8:33
Просмотров 11 тыс.
PLATINUM Documentary: Mining, Science and History
17:08
Why Windows Phone Failed
10:32
Просмотров 801 тыс.
HOW IS THIS LEGAL? 2024 US Mint Silver and Gold Coins
15:19
ПРОСТИ МЕНЯ, АСХАБ ТАМАЕВ
32:44
Просмотров 2,1 млн