Apmex selling prices
Ciccio
Posts: 1,405 ✭
A while ago, I received an email from APMEX promoting their mobile website and offering free shipping on the first order you place through it.
Well, the offer was expiring yesterday night and I wanted to use their promo (since I always complain about their high shipping charges).
I have dealt several times with Apmex and I have always had positive experiences: fast shipping, well packed merchandise and pretty good prices (though, since I usually pay with CC, I don't get the best from them).
Yesterday, I ended up buying one 2.5g gold bar and one silver Philharmonic. I paid $211 with credit card and saved $12.95 in shipping.
What surprised me this time (along with the fact that they don't accept AmEx), is the fact that their prices are not competitive at all.
Few examples (check or wire/CC):
1/10 oz AGE gold = $188/$194
1g Pamp gold bar = $75/$77
2.5g Pamp gold bar = $150.70/$155
1 oz silver Philharmonic = $55/$56.7
I found al these items in at least 2 other websites with lower prices (and lower shipping charges). Not to mention eBay.
They are big and can run their business as they wish, I just wanted to share my thoughts with you guys.
Do you buy from them?
Well, the offer was expiring yesterday night and I wanted to use their promo (since I always complain about their high shipping charges).
I have dealt several times with Apmex and I have always had positive experiences: fast shipping, well packed merchandise and pretty good prices (though, since I usually pay with CC, I don't get the best from them).
Yesterday, I ended up buying one 2.5g gold bar and one silver Philharmonic. I paid $211 with credit card and saved $12.95 in shipping.
What surprised me this time (along with the fact that they don't accept AmEx), is the fact that their prices are not competitive at all.
Few examples (check or wire/CC):
1/10 oz AGE gold = $188/$194
1g Pamp gold bar = $75/$77
2.5g Pamp gold bar = $150.70/$155
1 oz silver Philharmonic = $55/$56.7
I found al these items in at least 2 other websites with lower prices (and lower shipping charges). Not to mention eBay.
They are big and can run their business as they wish, I just wanted to share my thoughts with you guys.
Do you buy from them?
0
Comments
<< <i>I've found that Tulving typically has far better prices than APMEX as well as free shipping. >>
almost always the tightest spread if you can meet he's minimums buy/sell lot sizes
jdimmick;Gerard;wondercoin;claychaser;agentjim007;CCC2010;guitarwes;TAMU15;Zubie;mariner67;segoja;Smittys;kaz;CARDSANDCOINS;FadeToBlack;
jrt103;tizofthe;bronze6827;mkman;Scootersdad;AllCoinsRule;coindeuce;dmarks;piecesofme; and many more
If they are a substantive customer I'll handle the business myself. If they are a customer who buys metals consistently and are a customer that I like and who deserves more I'll refer them to my own metals person who I've been dealing with for 20+ years. But for the masses I'll send them to Apmex. I would never refer anyone to the other one mentioned. No way.
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
"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
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
PM if you don't already know who they are and want PCGS/NGC graded 19th/20th C. European gold coins. No, I don't have any financial interest or kick-back plan with them.
Similar to mrearlygold, I would never even consider sending money to the other place mentioned unless I had the bullion in hand. I have a long memory and had some friends that (who must have believed in the tooth fairy) never got made whole. I do agree everyone deserves a second chance (and I have not heard of any problems with them recently), just not with my money. Anyway, I don't buy the type or quantities he requires so it really doesn't matter.
World Collection
British Collection
German States Collection
All my buying with apmex have been good experiences BUT at current prices I just cant do it.For example any silver ounce coin ASE S, philharmonic,maple leafs,etc are selling tonight for $52 or $53 while the spot price is $45-$46.Too big of a spread IMHO.
TD