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<p>[QUOTE="Jason.A, post: 2802963, member: 87620"]I would not necessarily assume anyone reading this would have an answer to this question, but it is something I have wondered about. </p><p><br /></p><p>Companies like Apmex, MCM, and smaller dealers like Pinehurst coins sell on Amazon. Their prices are often outrageously over spot. ($175 for a 1/10 AGE current year, for example.</p><p><br /></p><p>Why would these companies sell on Amazon? </p><p>1. They want to have a presence everywhere to increase familiarity with their brand. ?</p><p>2. They might make an occasional sale with a profit high enough to justify Amazon's higher listing fees?</p><p>3. They have partnered with Amazon in Prime arrangements for free shipping in an arrangement we don't know about that doesn't actually cost them extra to list because Amazon would like some bullion products on their site? </p><p><br /></p><p>Why would people buy from Amazon?</p><p>1. They have a certificate or some other incentive that is tied to Amazon and can't be spent elsewhere, and a few dollars extra over spot isn't the end of the world to people like this?</p><p>2. Someone is stupid and doesn't know better?</p><p>3. Someone doesn't trust having things shipped to their home, work, or doesn't have a PO box, so they feel better shipping it to an Amazon locker?</p><p><br /></p><p><br /></p><p>I just don't know, but it is something that has really interested me because the prices are so much higher, but they seem to always be there.[/QUOTE]</p><p><br /></p>
[QUOTE="Jason.A, post: 2802963, member: 87620"]I would not necessarily assume anyone reading this would have an answer to this question, but it is something I have wondered about. Companies like Apmex, MCM, and smaller dealers like Pinehurst coins sell on Amazon. Their prices are often outrageously over spot. ($175 for a 1/10 AGE current year, for example. Why would these companies sell on Amazon? 1. They want to have a presence everywhere to increase familiarity with their brand. ? 2. They might make an occasional sale with a profit high enough to justify Amazon's higher listing fees? 3. They have partnered with Amazon in Prime arrangements for free shipping in an arrangement we don't know about that doesn't actually cost them extra to list because Amazon would like some bullion products on their site? Why would people buy from Amazon? 1. They have a certificate or some other incentive that is tied to Amazon and can't be spent elsewhere, and a few dollars extra over spot isn't the end of the world to people like this? 2. Someone is stupid and doesn't know better? 3. Someone doesn't trust having things shipped to their home, work, or doesn't have a PO box, so they feel better shipping it to an Amazon locker? I just don't know, but it is something that has really interested me because the prices are so much higher, but they seem to always be there.[/QUOTE]
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