What is the story on APMEX?

Here is a quote I found from Krispy to Elaine:

Originally Posted by krispy
elaine: Here's your chance, Apmex reduced the price of many things like the 1976 3 pcs silver proof sets as part of their liquidation / promotion to get rid of numismatic inventory.

Does this mean they will not longer sell coins such as those that they are selling currently? What is the scoop?

 

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Sorry, just saw the new post on Coin Chat explaining what's going on.

 

They don't call him "Doug Nuke'em" for nothing

Frankly the original post was more suited to going in the "Open" forum as per forum rules.

 

So why are they dumping their goods? Are they going out of business?

 

I believe they are so they can use more resources in the bullion market.

 

My understanding is so they can concentrate their resources on Bullion