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Mark ups on bullion has gotten out of hand
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<p>[QUOTE="Goodwin83, post: 1792687, member: 40346"]Supply and demand...demand is up...prices are up(premiums). Silver even though at 21-22 per oz has been selling like mad... "Premium" Bullion is going to sell for higher. My LCS sells Pandas for 10 over, but they change the design every year so they are a highly collectable round. Now put that against something like the Maple Leaf or the ASE(same design year after year) premiums are generally lower but have less increase over time as far as the value against a Panda. Now with silver selling like crazy of course premium prices are going to be up. Now if sales drop...I'll bet premiums drop to entice buying. But if you are into silver just for the silver you are better off going with a generic round from a more recognizable metals mint like OPM, Sunshine, Provident, etc... premiums are low.[/QUOTE]</p><p><br /></p>
[QUOTE="Goodwin83, post: 1792687, member: 40346"]Supply and demand...demand is up...prices are up(premiums). Silver even though at 21-22 per oz has been selling like mad... "Premium" Bullion is going to sell for higher. My LCS sells Pandas for 10 over, but they change the design every year so they are a highly collectable round. Now put that against something like the Maple Leaf or the ASE(same design year after year) premiums are generally lower but have less increase over time as far as the value against a Panda. Now with silver selling like crazy of course premium prices are going to be up. Now if sales drop...I'll bet premiums drop to entice buying. But if you are into silver just for the silver you are better off going with a generic round from a more recognizable metals mint like OPM, Sunshine, Provident, etc... premiums are low.[/QUOTE]
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