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Platinum Premiums at APMEX: As low as $310 over spot!

ProofCollectionProofCollection Posts: 5,847 ✭✭✭✭✭
in Precious Metals
APMEX has some 1oz 2008 APES for sale at $310 over spot!

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Comments

  • fcfc Posts: 12,793 ✭✭✭
    yikes. that seems very harsh. could not one do better on ebay?
  • jmski52jmski52 Posts: 22,632 ✭✭✭✭✭
    23% premium on platinum 1 ozers (bullion grade) is extremely high, but that's the market. Normally, the premium on 1 ozers was around 5-7%. This is 4X normal. Yikes is right.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Norseman88Norseman88 Posts: 962
    I could probably sell one of mine for $100 less.
  • MilesWaitsMilesWaits Posts: 5,319 ✭✭✭✭✭
    Yes, they are gone now.
    I am suprised they had any as I have seen none at the big distributors lately (APMEX, Tulving, Kitco, etc.)
    and have remarked as of lately, too, regarding my shock of the shortage of APE at any price!

    I remain in a holding pattern with mine except for a few 2008-W's which I am considering liquidating to a respected board member.

    Miles
    Now riding the swell in PM's and surf.
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