Roll of 2015 silver eagles for $399.95 on Ebay sold by Moderncoinmart

Discussion in 'Bullion Investing' started by Tinpot, Jan 23, 2015.

  1. Tinpot

    Tinpot Well-Known Member

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  3. throwbackid

    throwbackid Well-Known Member

    I bought my 3 rolls thanks for the heads up. They have gold for $1319 to
     
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  4. ammkost

    ammkost Junior Member

    Thank you!!
    Also Apmex has Pamp Suisse Gold Lady Fortuna Design bars for $1314.
    1 Hour left on this offer.
     
  5. galapac

    galapac Seeking Knowledge

    Yes! The deal I have been waiting for! Thanks again for the lead!
     
    xCoin-Hoarder'92x likes this.
  6. throwbackid

    throwbackid Well-Known Member

    I'm kind of upset I almost let it expire but I guess I had some sort of eBay/paypal 10% off coupon. Though it wouldn't let buy any more cheap silver eagles rolls I was able to get one of those gold bars for $1214. :) I love eBay lol
     
  7. swagge1

    swagge1 Junior Member

    Wow better get this deal while you can. I just ordered a roll at 6 AM CST. The listing is currently indicating nearly 2000 sold (40,000 oz. or 80 Monster Boxes :dead:)with 28 rolls being sold in the last hour. Let me remind ya'll thats its relitively early on a Saturday morning. These rolls are selling FAST!
     
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  8. throwbackid

    throwbackid Well-Known Member

    I wish they would let me buy more then 3.
     
  9. galapac

    galapac Seeking Knowledge

    How can you see the tally currently? Once I made a purchase I could no longer see the sell count. Only limited quantity available.
     
  10. swagge1

    swagge1 Junior Member

    The tally is shown on the listing from a main search. This is as of 10:03 CST. mcm 2015.JPG
     
    xCoin-Hoarder'92x likes this.
  11. galapac

    galapac Seeking Knowledge

    At last check they have sold 2,919 20 coin rolls. Amazing they have this much stock or they are counting on a delivery from the mint. That's $1,167,016.20 in sales with a 20-30% of that probably being profit due to large volume. Amazing! Over 116 monster boxes and counting...I'll take a free empty MB!!:)
     
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  12. swagge1

    swagge1 Junior Member

    If you look at their other auctions they have also sold a few thousand of their other combos of 10,5,3, or 1 coin.
     
  13. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    This is the best silver deal on ebay I've seen so far!

    If I had the cash now for them I'd snap up 3 rolls in a second!!
     
  14. galapac

    galapac Seeking Knowledge

    But clearly the 20 coin roll is their best deal because their monster boxes cost $21.58 per coin so they are considering this a loss leader I guess. The other combos are even higher premium. This is a no brainier. Unless silver takes a dive this is a great deal!
     
  15. keemao

    keemao Well-Known Member

    I follow them on Facebook and the other day they had a pic of their delivery of 2015 Eagles...3 full pallets of monster boxes. I am sure, knowing them, they had more coming.
     
    xCoin-Hoarder'92x likes this.
  16. galapac

    galapac Seeking Knowledge

    Last edited: Jan 24, 2015
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  17. Tinpot

    Tinpot Well-Known Member

    They are actually losing money on this deal, the U.S. mint sells silver eagles for $2 over spot to the authorized distributors.

    I suppose they are trying to pick up new customers who will buy higher margin items down the road from them.
     
  18. desertgem

    desertgem Senior Errer Collecktor Supporter

    I suspect it is more like , they think the price of silver is going much lower and they are reducing inventory before they get stuck with an overvalued inventory. They seem to be good business people, and this sale seems serious, so don't buy more than you can afford ...maybe for a long time.
     
  19. throwbackid

    throwbackid Well-Known Member

    More likely it is simple profit taking from the silver and gold they bought for 10% less a few weeks ago.
     
  20. desertgem

    desertgem Senior Errer Collecktor Supporter

    Maybe , last trade on the CMX was 18.32 on 1/23. If they thought silver was going up, why not wait and take a little more profit. If they were unsure, why not slowly take some profit with paper leveraging for the difference? So many seem to think they are doing it as a favor to silver buyers...It appears to me like dumping.
     
  21. throwbackid

    throwbackid Well-Known Member

    Did they limit the rest of you'll to 5 on the one ounce gold Pamp bars? can't believe they are $8 over spot and like $25 UNDER spot when you use your CC. I'm probably only gonna keep two and sell the other 3 but I do wish it would let me buy more. I have a few friends that want some.
     
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