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<p>[QUOTE="Juan Blanco, post: 1568261, member: 41665"]Thank you very much for this most informative post. (Does 'Chattahell' still smell like that foundry I used to drive past, from Nashvile to Hotlanta? LOL) </p><p><br /></p><p>Interesting to see SE show dealers' premium on AGEs (US bullion coin) is currently 6.14%. That looks sweeeet! </p><p>Compare APMEX, POG @ $1,677 : AGE w/sh/ins = $ 1,800. a 7.3% premium </p><p><br /></p><p>I did a Summer 2009 study for clients, AGEs on eBay were ~8%. Don't know <u>if</u> coin-shows (a lower retail) are generally cheaper than eBay (riskier buying, def) but this suggests <i>falling retail premiums </i>since then. </p><p><br /></p><p>fyi: The Wall St Journo must gets their #s from a New York Market maker (closed during the hurricane) but a useful benchmark is the "Cash Prices" Pages. Bookmark for future ref:</p><p><a href="http://online.wsj.com/mdc/public/page/2_3023-cashprices.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://online.wsj.com/mdc/public/page/2_3023-cashprices.html" rel="nofollow">http://online.wsj.com/mdc/public/page/2_3023-cashprices.html</a></p><p><br /></p><p>fwiw: in August 2012: </p><p>Excluding all ancillary costs (taxes, fees, AND s/h/insur) the <b>wholesale premium </b>on Gold Amer Eagles (new? old?) was 4.4% - 4.71% and for (Au) Cdn Maples, 3.9% - 4.21%. </p><p><br /></p><p>November 2012: Paying just 2% more to a reputable dealer at retail sounds really, really economical (cheap!) to me. So support the LCS guys at the shows! </p><p><br /></p><p>I have zero insights on the 'art-bar' market per se, but currently <i>very low bullion premiums </i>suggest it will become harder and harder to find 'good stuff, cheaper.' I would expect PM-related premiums to rise with any PM volatility (expect that.) Maybe your very best bet otherwise will be cultivating relationships with other trader-collectors, for niche products? That's just my two cents: I sincerely believe that PM coin & bullion buyers/collectors have seen some of the very best premiums in USD$ history. </p><p><br /></p><p>Barring another deflationary moment (like Oct.-Nov. 2008) I don't imagine Lows to fall or even continue to remain so indefinitely: and certainly NOT when the printing for FRNs starts in earnest.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1568261, member: 41665"]Thank you very much for this most informative post. (Does 'Chattahell' still smell like that foundry I used to drive past, from Nashvile to Hotlanta? LOL) Interesting to see SE show dealers' premium on AGEs (US bullion coin) is currently 6.14%. That looks sweeeet! Compare APMEX, POG @ $1,677 : AGE w/sh/ins = $ 1,800. a 7.3% premium I did a Summer 2009 study for clients, AGEs on eBay were ~8%. Don't know [U]if[/U] coin-shows (a lower retail) are generally cheaper than eBay (riskier buying, def) but this suggests [I]falling retail premiums [/I]since then. fyi: The Wall St Journo must gets their #s from a New York Market maker (closed during the hurricane) but a useful benchmark is the "Cash Prices" Pages. Bookmark for future ref: [URL]http://online.wsj.com/mdc/public/page/2_3023-cashprices.html[/URL] fwiw: in August 2012: Excluding all ancillary costs (taxes, fees, AND s/h/insur) the [B]wholesale premium [/B]on Gold Amer Eagles (new? old?) was 4.4% - 4.71% and for (Au) Cdn Maples, 3.9% - 4.21%. November 2012: Paying just 2% more to a reputable dealer at retail sounds really, really economical (cheap!) to me. So support the LCS guys at the shows! I have zero insights on the 'art-bar' market per se, but currently [I]very low bullion premiums [/I]suggest it will become harder and harder to find 'good stuff, cheaper.' I would expect PM-related premiums to rise with any PM volatility (expect that.) Maybe your very best bet otherwise will be cultivating relationships with other trader-collectors, for niche products? That's just my two cents: I sincerely believe that PM coin & bullion buyers/collectors have seen some of the very best premiums in USD$ history. Barring another deflationary moment (like Oct.-Nov. 2008) I don't imagine Lows to fall or even continue to remain so indefinitely: and certainly NOT when the printing for FRNs starts in earnest.[/QUOTE]
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