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Kitco - Currently Out Of Stock - American Silver Eagle

Just noticed that Kitco is listing American Silver Eagles and Canadian Silver Maple coins as currently out of stock. I wonder why other than the obvious answers that they are out of stock or do not have any. This is the first time I recall seeing this.
John
Chance favors the prepared mind.
imageimageimage

Comments

  • thebeavthebeav Posts: 3,797 ✭✭✭✭✭
    2008's are not yet available and they don't want to be holding '07's in January.
  • wayneherndonwayneherndon Posts: 2,356 ✭✭✭
    The Mint ran out of the 2007 bullion products a few weeks ago. As a result, the 2007 ASEs are getting hard to find.

    WH


  • << <i>2008's are not yet available and they don't want to be holding '07's in January. >>



    That may not be the reason. They are selling these as bullion and offer mixed dates.
    John
    Chance favors the prepared mind.
    imageimageimage
  • ProofCollectionProofCollection Posts: 6,311 ✭✭✭✭✭
    The supply of silver bullion has dried up. The only big reliable source right now is the mint, and all of the dealers are waiting for the 2008's so they can start selling silver again.


  • << <i>The supply of silver bullion has dried up. The only big reliable source right now is the mint, and all of the dealers are waiting for the 2008's so they can start selling silver again. >>



    If that is the reason one would think the price would go up. Looks like the 2008 are pre release selling at $20.59 with free shipping on eBay.
    John
    Chance favors the prepared mind.
    imageimageimage
  • cladkingcladking Posts: 28,695 ✭✭✭✭✭


    << <i>

    << <i>The supply of silver bullion has dried up. The only big reliable source right now is the mint, and all of the dealers are waiting for the 2008's so they can start selling silver again. >>



    If that is the reason one would think the price would go up. Looks like the 2008 are pre release selling at $20.59 with free shipping on eBay. >>





    This would be more likely to just drive up the premium on bars.

    Presumably there's still ample amounts of 10,000 oz bars for industry and coin for speculators.
    Tempus fugit.
  • cladkingcladking Posts: 28,695 ✭✭✭✭✭
    It does seem strange.

    I'd have to assume that Kitco just erred while transitioning to a new form to sell.
    Tempus fugit.
  • Eleven days later and Kitco is still out of stock on both. They are over $1.00 per coin ahead on any they did not sell.
    John
    Chance favors the prepared mind.
    imageimageimage
  • BECOKABECOKA Posts: 16,960 ✭✭✭
    I thought that they got the 2008's just before 2008.

    Nice to see they are in stock again.


  • << <i>Eleven days later and Kitco is still out of stock on both. They are over $1.00 per coin ahead on any they did not sell. >>



    Twenty three days later and still out of stock on both the American Silver Eagle and the Canadian Silver Maple Leaf ???
    John
    Chance favors the prepared mind.
    imageimageimage
  • Rubbing my eyes here - is it indeed LESS $$$ to buy 08 SAEs from APMEX? IS my math wrong?


  • << <i>Rubbing my eyes here - is it indeed LESS $$$ to buy 08 SAEs from APMEX? IS my math wrong? >>

    minus the crappy shipping, they were about 17.84 each..picked up a few for me and a friend since kitco was out and didnt wanna pay 5 over melt here and ebay
  • moonshinemoonshine Posts: 1,039 ✭✭
    I can just see these people walking into a store and paying for things with this:

    (link provided below)


  • << <i>I can just see these people walking into a store and paying for things with this:

    http://store.aacoinco.com/Detail.bok?no=1809 >>



    Link no workie.image


  • << <i>

    << <i>Rubbing my eyes here - is it indeed LESS $$$ to buy 08 SAEs from APMEX? IS my math wrong? >>

    minus the crappy shipping, they were about 17.84 each..picked up a few for me and a friend since kitco was out and didnt wanna pay 5 over melt here and ebay >>



    Another reason that silver Eagles are a terrible investment and an even worse way to purchase silver bullion. I'm sure I'll pick up several business strike '08s later this year for spot price, it seems to be a pattern.

    I'll wait till December to buy my single proof in the Mint package to keep my set going and I'll find it on the Bay at that time for less than issue price.

    Been doing it like that for several years now.

    If you've just gotta be among the first to have them, you're going to pay for that priviledge.

    That's a concept that escapes me. It's not like they have a low mintage and you may be left without one.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff


  • << <i>

    << <i>

    << <i>Rubbing my eyes here - is it indeed LESS $$$ to buy 08 SAEs from APMEX? IS my math wrong? >>

    minus the crappy shipping, they were about 17.84 each..picked up a few for me and a friend since kitco was out and didnt wanna pay 5 over melt here and ebay >>



    Another reason that silver Eagles are a terrible investment and an even worse way to purchase silver bullion. I'm sure I'll pick up several business strike '08s later this year for spot price, it seems to be a pattern.

    I'll wait till December to buy my single proof in the Mint package to keep my set going and I'll find it on the Bay at that time for less than issue price.

    Been doing it like that for several years now.

    If you've just gotta be among the first to have them, you're going to pay for that priviledge.

    That's a concept that escapes me. It's not like they have a low mintage and you may be left without one. >>



    How true.image
  • moonshinemoonshine Posts: 1,039 ✭✭
    http://store.aacoinco.com/Categories.bok?category=Commemoratives

    the ones on the far right/top

    I agree - got burned out on the boring silver eagles couple years ago. Not worth the premium.


  • << <i>http://store.aacoinco.com/Categories.bok?category=Commemoratives

    the ones on the far right/top

    I agree - got burned out on the boring silver eagles couple years ago. Not worth the premium. >>



    2004 Somalia Guitar Coin (Set of 6)

    They really are legal tender. I'll bet they're hard on a pocket, though.
    image
  • almost everyone on this site likes to have the first of everything image

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