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<p>[QUOTE="dannic113, post: 1340802, member: 35203"]The reason so many hoops and roadblocks to buying from APMEX is that they are a U.S. PRIMARY DISTRIBUTOR. Those are the key words; which to my knowledge means they are one of the 9 or so direct U.S. buyers of bullion from the U.S. Mint. Gainesville, Black Mountain Coins and a few others are only SECONDARY DISTRIBUTORS. Meaning they can't buy direct from the mint but can buy in wholesale and bulk (to keep costs down) from primary distributors to supply national and area retailers and coin shops. Depending on how and from whom the dealers (retailers) buy their bullion the coins could have two or three middlemen and their profit markups. Gainsville and the like would have less middlemen and profits adding to the cost and buying from APMEX is as close as individuals can get to buying direct from the mint. Also from what I can find Paradise isn't even listed as a Secondary distributor so they are more of national retailer/coin shop.[/QUOTE]</p><p><br /></p>
[QUOTE="dannic113, post: 1340802, member: 35203"]The reason so many hoops and roadblocks to buying from APMEX is that they are a U.S. PRIMARY DISTRIBUTOR. Those are the key words; which to my knowledge means they are one of the 9 or so direct U.S. buyers of bullion from the U.S. Mint. Gainesville, Black Mountain Coins and a few others are only SECONDARY DISTRIBUTORS. Meaning they can't buy direct from the mint but can buy in wholesale and bulk (to keep costs down) from primary distributors to supply national and area retailers and coin shops. Depending on how and from whom the dealers (retailers) buy their bullion the coins could have two or three middlemen and their profit markups. Gainsville and the like would have less middlemen and profits adding to the cost and buying from APMEX is as close as individuals can get to buying direct from the mint. Also from what I can find Paradise isn't even listed as a Secondary distributor so they are more of national retailer/coin shop.[/QUOTE]
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