Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2008 (w) american eagle uncirculated gold series
>
Reply to Thread
Message:
<p>[QUOTE="jaceravone, post: 375407, member: 9474"]Exactly! This is exactly the point I was trying to make. As long as I have been around buying coins from the mint, I have only seen precious metal coins go up in price but rarely ever down - especially the bullion. I would have to say never go down because I have never seen it. So if the <b>LAW</b> mandates that, then why don't we see the prices ever drop? Why should we continue to pay extraordinary high prices for bullion coins when the price for raw materials are much lower? Of course we do it because we want their product... and there will alway be a section of society that wants and can afford their product. This also opens up a profit margin for the mint that I am sure they love to have and would hate to lose.</p><p> </p><p>I am a sales rep and I always get in a argument with my other sales rep friends about this topic, but it stands to reason that if demand is there and prices go up and sales slow, then it would make sense to drop prices to where more people can afford the product at a lesser price still providing a reasonable profit margin for the company. The mint can afford to do this and still operate at a profit. </p><p> </p><p>Once again, if we should be seeing a reduction in price that is reflective of the market and it is not happening, then maybe we should be visiting our law makers to have this changed. Once again, I don't know all the facts surrounding this topic - but I am slowly learning.[/QUOTE]</p><p><br /></p>
[QUOTE="jaceravone, post: 375407, member: 9474"]Exactly! This is exactly the point I was trying to make. As long as I have been around buying coins from the mint, I have only seen precious metal coins go up in price but rarely ever down - especially the bullion. I would have to say never go down because I have never seen it. So if the [B]LAW[/B] mandates that, then why don't we see the prices ever drop? Why should we continue to pay extraordinary high prices for bullion coins when the price for raw materials are much lower? Of course we do it because we want their product... and there will alway be a section of society that wants and can afford their product. This also opens up a profit margin for the mint that I am sure they love to have and would hate to lose. I am a sales rep and I always get in a argument with my other sales rep friends about this topic, but it stands to reason that if demand is there and prices go up and sales slow, then it would make sense to drop prices to where more people can afford the product at a lesser price still providing a reasonable profit margin for the company. The mint can afford to do this and still operate at a profit. Once again, if we should be seeing a reduction in price that is reflective of the market and it is not happening, then maybe we should be visiting our law makers to have this changed. Once again, I don't know all the facts surrounding this topic - but I am slowly learning.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2008 (w) american eagle uncirculated gold series
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...