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JM 1oz. bars are now $14.05 over spot!

keepdachangekeepdachange Posts: 1,374
in Precious Metals
When did that happen?
"If you hit a midget on the head with a stick, he turns into 40 gold coins." - Patty Oswalt

Comments

  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Maybe it's a typo?
  • duxbuttduxbutt Posts: 190
    Earlier on APMEX there were 2 of them available. and now it looks like they sold Holy cow,
    Posative Transaction as Buyer: Aherensdad, cwazzy, ciccio, mkman,dropdaflag


    www.NebraskaSilverCoins.com


    Seller, SamByrd, HTubbs
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    Physical is setting it's on price. Was just a matter of time before increase in premium accelerated. Wish kitco would chart it as well.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • CaptHenwayCaptHenway Posts: 32,118 ✭✭✭✭✭
    Careful....you'll offend the people who think the world owes them a living......
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • rpwrpw Posts: 235 ✭✭
    I see they have some others for $2.99 over spot. I wonder what they mean by "ugly."
    imageimage Small Size National Bank Note Type Set $5-$100
  • mikeygmikeyg Posts: 1,002 ✭






    I wish that someone could explain it to me.Most online metals dealers want $56 or more for the SAE, and most other one ounce silver coins.Even when silver dropped this week from $49 to $46 no one lowered their prices.I cant make myself buy with these spreads.
  • goingbrokegoingbroke Posts: 1,410
    Just like before, these prices might seem cheap soon.
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    You could make a killing buying a monster box from Tulving and selling them at APMEX prices.
  • derrybderryb Posts: 36,793 ✭✭✭✭✭


    << <i>I wish that someone could explain it to me.Most online metals dealers want $56 or more for the SAE, and most other one ounce silver coins.Even when silver dropped this week from $49 to $46 no one lowered their prices.I cant make myself buy with these spreads. >>


    Most people that trade in silver understand that the spot price is being artifically held down and that it will eventually break out. For this reason buyers of physical are willing to pay more and sellers of physical are happy to take their money.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • pmacpmac Posts: 3,189 ✭✭✭
    Maybe they are graded "PL"?image
    Paul
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