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<p>[QUOTE=&quot;AshcraftCoin, post: 778562, member: 17767&quot;]Well, because those dealers <i>know the mint will be releasing them</i> (unless the world explodes) and the way the US Mint program works is <i><u>all</u> </i>&quot;American Eagle Bullion Coins&quot; are distributed directly to authorized dealers. </p><p><br /></p><p>( As opposed to &quot;Uncirculated&quot; and &quot;Proof&quot;... which the US Mint does sell directly. <a href="http://www.usmint.gov/mint_programs/?action=american_eagles" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usmint.gov/mint_programs/?action=american_eagles" rel="nofollow">http://www.usmint.gov/mint_programs/?action=american_eagles</a> )</p><p><br /></p><p>Then, those dealers sell down to other dealers who are not authorized for direct purchase, but buy in larger amounts to get the best price. Could be only a monster box at a time... reselling by the tube and retaining a small profit.</p><p><br /></p><p>Because the dealers know they will have access, some are willing to take pre-orders. It all depends on what kind of price they think they are going to be able to lock in at, if they have locked in, and whether they want to take the risk.</p><p><br /></p><p>Some have been at this for years and have their contacts and supply line and pricing arrangement well in place, so there are no worries.</p><p><br /></p><p>I just called a major local US Mint distributor (Gold and Silver) and found out this info...</p><p><br /></p><p>They are taking pre-orders.</p><p><br /></p><p>Cost for dealers $2.50 over spot. (I think at time of delivery.)</p><p><br /></p><p>Retail price for 2010 &amp; 2009 is $22 each for 1 or 20. ($4.27 over current spot of $17.83... they always have a &quot;flat rate&quot; on Brand New.)</p><p><br /></p><p>They expect a shipment in the 21st.</p><p><br /></p><p>Also, <i>they have about 50 circulated (handled) Silver Eagles in the case right now for $1 over spot</i>. (No kidding!)</p><p><br /></p><p>Thanks,</p><p>Michael[/QUOTE]</p><p><br /></p>

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