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Was does APMEX charge more for 1,10,100 2016, or 2017 vs
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<p>[QUOTE="Good Cents, post: 3321700, member: 100720"]1. Some of it is marketing techniques. Some buyers will think that the 2018 coin is more special just because it costs $3 more. Crazy but true. And on the flip side of the coin (sorry, I couldn't resist), people will get repelled by a drop in price for an older item. For Example - Provident, one of the smaller online sellers, had a "flash sale" Tuesday for 1 oz Canadian Gold Maple Leaves of unspecified years. I would guess that this is a way for them to unload their inventory of the older years' coins that weren't moving. Instead of bringing down the premium, which says "nobody wants to buy this so I'm dropping the price" - which often repels buyers, they present it as a "flash sale" and offer something for a bargain, getting people to "grab it before it's gone!"</p><p><br /></p><p>2. I think there is also some OCD involved. For example, someone has a tube of 19 of a particular 2018 coin and just didn't have the funds, the time or the opportunity for whatever reason to buy one more of that coin back in 2018. Now that he has the funds his choice is to buy a 2019 or a 2018 and a lot of people will go with the 2018 so that they "finish off the tube". It's like slicing a cake - you have to "even it out" when it's not cut straight because it's not quite right. The sellers know that lots of us collecting and investing folks have a bit of that OCD perfectionistic human compulsion thing going on and know there is money to be made off of it. All the online sellers do it, not just APMEX. Even if it's just a $2 hike, a buck is a buck in business.</p><p><br /></p><p>3. As MyOwnPrivy said above - last year's coin is now officially "out of print" and can no longer be obtained from the "manufacturer". Supply and demand hikes up prices every time. Moon rocks cost a fortune! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie101" alt=":woot:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Good Cents, post: 3321700, member: 100720"]1. Some of it is marketing techniques. Some buyers will think that the 2018 coin is more special just because it costs $3 more. Crazy but true. And on the flip side of the coin (sorry, I couldn't resist), people will get repelled by a drop in price for an older item. For Example - Provident, one of the smaller online sellers, had a "flash sale" Tuesday for 1 oz Canadian Gold Maple Leaves of unspecified years. I would guess that this is a way for them to unload their inventory of the older years' coins that weren't moving. Instead of bringing down the premium, which says "nobody wants to buy this so I'm dropping the price" - which often repels buyers, they present it as a "flash sale" and offer something for a bargain, getting people to "grab it before it's gone!" 2. I think there is also some OCD involved. For example, someone has a tube of 19 of a particular 2018 coin and just didn't have the funds, the time or the opportunity for whatever reason to buy one more of that coin back in 2018. Now that he has the funds his choice is to buy a 2019 or a 2018 and a lot of people will go with the 2018 so that they "finish off the tube". It's like slicing a cake - you have to "even it out" when it's not cut straight because it's not quite right. The sellers know that lots of us collecting and investing folks have a bit of that OCD perfectionistic human compulsion thing going on and know there is money to be made off of it. All the online sellers do it, not just APMEX. Even if it's just a $2 hike, a buck is a buck in business. 3. As MyOwnPrivy said above - last year's coin is now officially "out of print" and can no longer be obtained from the "manufacturer". Supply and demand hikes up prices every time. Moon rocks cost a fortune! :woot:[/QUOTE]
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