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<p>[QUOTE=&quot;SCFY, post: 1792562, member: 55116&quot;]I used the term mark ups to describe premiums on buying your silver or gold. When I look around online or at my LCD, the thing I have noticed is that a lot of these online dealers have pushed the price of bullion way up over spot on some of these so called art bars or rounds.</p><p>&nbsp;</p><p>Some good examples are the Pamp bars or the Lunar series items that have become very popular as of late. It seems a lot of these companies are pushing the numismatic value as a selling point. So what you are getting now is a over priced piece of bullion. Think about it, your paying up to 2-3 times the true value of&nbsp; spot for something that has a fancy design on it.</p><p>&nbsp;</p><p>Also they mint such a limited mintage it causes the price to rise if you want to be the small group of lucky people who can actually own one of these limited pieces. thats a bunch of crap in my eyes. Don&#039;t get me wrong, I do like the designs of some of the silver and have overpaid in the past for some of my bullion.</p><p>&nbsp;</p><p>I think my issue is they are trying to compare this bullion with coins that were minted years ago and have true numismatic value from age and rarity. It was not in the thought process when those coins were minted to shorten the amount made to make a profit on selling those coins.</p><p>&nbsp;</p><p>Now that a good portion of people are interested in investing or hedging their assets to protect themselves against what many people feel will happen, which is the dollar becoming worthless, I feel like these companies have jumped on the fear factor, and we have allowed these companies to dictate the value because we have and will pay what they ask.</p><p>&nbsp;</p><p>I would love to get some insight on how others feel about the grabbing our asses without knowing us sensation I get out of this when dealing with purchasing bullion now. BTW I had another analogy I wanted to use, but the language would have gotten me in trouble <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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