APMEX is now a US Mint authorized Gold seller

dbcoin

Can buy directly from the Mint now. One of ten companies that can do so. I wonder if this will allow them to lower prices every so slightly.
Previously they were a silver reseller.

APMEX News: APMEX Named Authorized Purchaser of the United States Mint
By CoinWeek on July 21, 2014 9:09 AM

APMEX News: APMEX, Inc., one of the nation’s largest online precious metals companies, is now an Authorized Purchaser with the United States Mint to purchase gold and platinum bullion coins directly from the United States Mint.

Previously, APMEX was an Authorized Purchaser of the United States Mint silver bullion coins and with this announcement joins a select list of only 10 Authorized Purchasers worldwide that may purchase gold, platinum and silver bullion coins directly from the United States Mint.

derryb

last premium I have seen for direct buyers is $2 over spot from the mint.

rawteam1

<< <i>Can buy directly from the Mint now. One of ten companies that can do so. I wonder if this will allow them to lower prices every so slightly. >>


Old news...
cheaper??? Lol, no it means their margins go up, they are interested in making moolah...

VanHalen

<< <i>Can buy directly from the Mint now. One of ten companies that can do so. I wonder if this will allow them to lower prices every so slightly. >>



I thought they had been for several years now??

I see you're dbtunr from the Yahoo Boards. You made some good posts over there when CLCT was around $10.

dbcoin

<< <i>

<< <i>Can buy directly from the Mint now. One of ten companies that can do so. I wonder if this will allow them to lower prices every so slightly. >>



I thought they had been for several years now??

I see you're dbtunr from the Yahoo Boards. You made some good posts over there when CLCT was around $10. >>



You mean $4

dbcoin

update in OP.

Previously they were a silver seller, now gold and plat

jmski52

That does mean that they won't be pulling a "tulving" on anyone.

rawteam1

<< <i>That does mean that they won't be pulling a "tulving" on anyone. >>


??? Was not Tulving an AP?...

derryb

tulving was not an AP

LochNESS

So, what does pulling a Tulving mean? I thought we liked Tulving. At least we did two years ago. Did I miss a falling out? Did we break up with Tulving?

epcjimi1

<< <i>So, what does pulling a Tulving mean? I thought we liked Tulving. At least we did two years ago. Did I miss a falling out? Did we break up with Tulving? >>



Tulving broke up with us. Bankruptcy info here - Tulving Chapter 11 Report July 24, 2014 9:35AM EST

Article says Secret Service seized a safe. That's not good.

jmski52

I ordered from Tulving successfully many times until about 2007 or so, and I considered his previous history of financial malfeasance to be well in the past.

In retrospect, I'm lucky that I didn't get burned. My antenna went up when he increased the size of his minimum orders to dealer-type quantities and became somewhat hostile when questioned. You never treat customers rudely and expect to make money.