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APMEX selling 2017 S Congratulations ASE. Thx US Mint
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<p>[QUOTE="Cascade, post: 2708688, member: 75984"]I believe any big bullion business can become an AP the company meets their requirements. One of which is they must have working capitol of at least $500k I believe. So the AP's are by default big business PM guys who have the ability to buy a large bulk of any mint offering on speculation. There's no need for having an "in". Just to be on the ball like everyone else. Now, if they were allowed to buy say a single block of 1000 units of an issue with a HH limit of 5 that would be a problem.[/QUOTE]</p><p><br /></p>
[QUOTE="Cascade, post: 2708688, member: 75984"]I believe any big bullion business can become an AP the company meets their requirements. One of which is they must have working capitol of at least $500k I believe. So the AP's are by default big business PM guys who have the ability to buy a large bulk of any mint offering on speculation. There's no need for having an "in". Just to be on the ball like everyone else. Now, if they were allowed to buy say a single block of 1000 units of an issue with a HH limit of 5 that would be a problem.[/QUOTE]
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