Discussion in 'Bullion Investing' started by Jason.A, Aug 9, 2018.
Can anyone provide examples of a good deal on Apmex's website?
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But I've found Provident 5 out of 6 times (or more ) to be cheaper on stuff like ASEs , AGEs etc.
Also, Silver Gold Bull has an ongoing offer of a 10 oz. .999 silver bar at spot (154.40, free shipping):
We live in pretty good times when we can pick and choose from an almost infinite variety of stuff, buy from the comfort of your couch, get high grade stuff (sometimes) almost immediately with the ease and reliability of COSTCO.
It wasn't always this way. And thank goodness the market is relatively quiet. The dealers in the precious metal market don't have a stellar long term track record. So for the meanwhile, enjoy but be cautious when and if this market ever goes crazy. Then you start seeing delays, excuses, runarounds and your money is long gone and you have nothing to show for it.
Just my 2 cents. Not saying it has to be them versus other very reliable dealers, but way too many people buy from "Billy Bob's guns and bullion" versus a good bullion dealer to save 1%. Sometimes it works out, sometimes it doesn't.
The Apmex website is more expensive than their competitors. And I am talking about by far more than a 1 or 2% price difference.
Provident Metals regularly runs specials. For instance, a 2018 Incuse Maple Leaf is $17.47. This is a BIG discount. Apmex is selling it for $1.99.
Provident metals saves you $2.52 about 13% less.
JmBullion also regularly runs specials. This week, one of their specials is a 2018 Silver Maple for $17.25. On Apmex, a 2018 Silver Maple is $18.39. Buying on JMBullion saves you $1.14, or more than 7%.
Every week bullion buyers can check out Provident or JMbullion and discover discounted bullion that is far cheaper than on Apmex. I have been buying gold and silver for several years online and never find comparable deals on Apmex.
Can anyone find me an "any quantity" discounted item on Apmex like a Maple, Eagle, Britannia, or other government issued piece of bullion?
In fact there is one as we speak — $15.99 over spot.
Which would be great if you could buy from them on ebay and pay with CC or echeck, but if you buy from them on ebay you must pay through paypal.
Why would you ever let a nonbank, bank like paypal have access to your accounts when they can freeze them without cause, trapping your money with them and their arbitration process.
I’ve never had a problem with PayPal. I connect it with a credit card each time I use it, then immediately pay the credit card bill. I never give them access to cash accounts.
PayPal is risky for the seller as in a dispute they almost always favour the buyer and pull money from the seller. If you use you credit card to fund your PayPal, which you can, you are also protected as the buyer by your ability, in a worst case scenario, to do a charge back.
You are scared of shadows
For example: I ordered a bunch of "random" year ASEs from APMEX and got a bunch of 1991 and one 1986, along with some 2014. They're just bullion coins, but the older coins fetch a bit more premium.
I've been ordering "random" year ASEs from Provident and all I get is 2015 and 2017.
I agree that Provident really sucks for their "Random" fulfillments. More often than not, it just whatever they have in stock, which as a smaller dealer isn't much variety. However, this is also typically the case for all bullion dealers. Random really does mean random.
From Provident I got nearly all years including 1986. But I usually bought $100+ at a time (5 or 6 ASEs). I stayed away from the rolls which were usually the same year. But I'm sure it varies greatly. Though I haven't bought any in the past 6 months.
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