U.S. Mint Mark-up
Posted: Sun Nov 26, 2017 8:32 pm
https://www.wsj.com/articles/u-s-mints- ... 1511720285The U.S. Mint makes a pretty penny selling gold and silver coins. But there are two sides to the deal, which some investors are calling highway robbery.
After years of making pennies and nickels that cost more to produce than they are worth, the Treasury Department is making a mint off (proof coins).
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The government currently is selling the gold-coin proofs at a 25% markup over per-ounce gold prices, a premium that can run as high as $360 per coin. The silver coins carry a more than 200% premium over market silver prices.