Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
US Mint and the Big Guy
>
Reply to Thread
Message:
<p>[QUOTE="clembo, post: 404296, member: 8033"]Just a few things here.</p><p><br /></p><p>For starters Peter's third statement. Couldn't agree more. Modern bullion is boring but whatever floats your boat.</p><p><br /></p><p>Now Doug. Yes, anyone can buy most mint products except the unc silver eagles. All 14 of those "special" dealers get them from the mint. I'm sure this makes it easier for the mint.</p><p>They still make money and have an easier time shipping in bulk lots.</p><p>Silver eagles are valued higher because of this.</p><p><br /></p><p>Hogwash! It's still just a stinking ounce of silver to me. Control the supply and the price goes up. At the shop you can buy a silver round for $1 over spot.</p><p>If we need 500 silver eagles WE pay $1.55 over spot. Your cost? $3 over spot generally.</p><p><br /></p><p>Now walk in to SELL a mixture of rounds and silver eagles and guess what? 9 out of 10 times we pay the same. We're buying bullion no matter how you slice it.</p><p><br /></p><p>Hey, I know the mint and companies have to make money. This is why they are in business. We're in business at the shop and make more money reselling "walk ins" than we do having to order them.</p><p><br /></p><p>Like so many other aspects of "investing in coins" it can be a real wake up when you decide to sell.</p><p><br /></p><p>Done with my rant now. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>clembo[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 404296, member: 8033"]Just a few things here. For starters Peter's third statement. Couldn't agree more. Modern bullion is boring but whatever floats your boat. Now Doug. Yes, anyone can buy most mint products except the unc silver eagles. All 14 of those "special" dealers get them from the mint. I'm sure this makes it easier for the mint. They still make money and have an easier time shipping in bulk lots. Silver eagles are valued higher because of this. Hogwash! It's still just a stinking ounce of silver to me. Control the supply and the price goes up. At the shop you can buy a silver round for $1 over spot. If we need 500 silver eagles WE pay $1.55 over spot. Your cost? $3 over spot generally. Now walk in to SELL a mixture of rounds and silver eagles and guess what? 9 out of 10 times we pay the same. We're buying bullion no matter how you slice it. Hey, I know the mint and companies have to make money. This is why they are in business. We're in business at the shop and make more money reselling "walk ins" than we do having to order them. Like so many other aspects of "investing in coins" it can be a real wake up when you decide to sell. Done with my rant now. ;) clembo[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
US Mint and the Big Guy
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...