Does APMEX know something we don't ?

Discussion in 'Coin Chat' started by Brian Calvert, Dec 22, 2021.

  1. Brian Calvert

    Brian Calvert Active Member

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  3. baseball21

    baseball21 Well-Known Member

  4. Brian Calvert

    Brian Calvert Active Member

    1 year ago when Gold was same price as today, these would go for 3k, even at the auction house you listed. 2008W burnished. are the rare ones, and I see people paying beyond ridiculous priced for the Cameo's that are not rare at all. Even with a year gone by, I can see them selling for 3500.00 like the very last one at auction for 3386.00 after auction fees. Seems reasonable.

    And then this, why would someone pay this much for this coin ?

    2 photos
    2008-W $50 One-Ounce Gold American Buffalo PCGS Proof-70 DCAM

    Is the 08-W NONE BURNISHED getting lumped in with the rare one and people making money on the hopes someone bids ?
     
  5. baseball21

    baseball21 Well-Known Member

    That's a year ago. Prices have been increasing pretty much all year in a lot of areas. They're closer to 4k now for the PCGS but I can't explain the decision for the NGC price.

    That's what the proofs cost and have so for well over a year. Even the NGC ones get close to that price and they pretty consistently sell for less than the PCGS ones.

    For the GC prices no, those are auctions with multiple bidders setting the price
     
  6. Brian Calvert

    Brian Calvert Active Member

    Still shocked at the increases over the past year as I have not been watching, only drop in every few months when really bored, or not much work, sales, etc. Still love talking it. Couldn't believe the prices at local for silver either, wow !!!!
    I just wonder what they would offer for the 2015 Silver eagle I bought from them 6 years at 16/each.
     
  7. Brian Calvert

    Brian Calvert Active Member

    The Prices on bloomberg and CNBC each morning are so manipulated by Comex, Rostin Behnam of CFTC and bullion banks it is hard to know the truth anymore. When you can sell twice the amount silver minded in the world during one early morning trading session via Paper contracts, you have lost your way to reality. They do anything, cheat, steal, lie, to keep the prices down and force Americans into the Cruel Fiat currency that steal from you daily via Inflation.
    Sooner or later it catches up

    Happy for my kid... things have double without the price of Silver or Gold really moving off of the prices a couple of years ago.
     
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