Odd pricing

mrpaseo

I'm not trying to pick on Goldmart or anything but I was just at their site and found that their ASEs are $4.99 over spot which is not unusual at the moment... Then I looked at the roll of ASE, Still $4.99 over spot... Hmmmm, no discount for quantity... Moving on to the monster box... $5.99 over spot.

A premium for LG QT purchases?

I guess they are trying to make more people happier (With smaller purchases) rather than selling to the big wigs.



Edited to add... Okay, so I'm a little slow, I just realized that the higher price if for earlier years... Nothing to see here, move it along.


Ray

Baley

physical premium = Collector premium

Plain ole silver sells for melt.

People pay up for things like the design stamped on it, is it in nice condition, is it "scarce", is it "sealed", is it "certified", is it "stickered" is it "hot"?

supply and demand

tneig

I can see the price hold or be more for an untouched tube, such as when stated; Mint Tube

Unknown

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ricko

Many things affect pricing... PM's are an interesting market Ray, as you are discovering. Cheers, RickO

derryb

<< <i>I just realized that the higher price if for earlier years... >>


Historically (until now) an ungraded ASE was an ungraded ASE and sold for the same price, with 1996 being the exception, given the mintage for that year. While the lowest ASE mintage number it was still high enough for me to never justify paying more for them. I believe the recent pricing difference for earlier years is just a ploy by sellers to not follow the market down on all of their inventory and some buyers are obviously falling in line. I would not pay more premium for any year on a bullion, ungraded ASE.