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American Silver Eagles

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 20 / Views: 1,978Next Topic Page 2 of 2
Pillar of the Community
United States
656 Posts
 Posted 09/11/2008  6:13 pm  Show Profile   Bookmark this reply Add 1337 to your friends list
Why not just buy The foriegn silver coins, they are at 13.00 a coin?
Pillar of the Community
United States
1130 Posts
 Posted 09/11/2008  6:25 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list
NW Territorial Mint has ASEs for 13.89 with free shipping.
New Member
United States
34 Posts
 Posted 09/11/2008  7:08 pm  Show Profile   Bookmark this reply Add spotco2 to your friends list
That's only if you buy 50 or more.

Their individual price is $16.36 each or $297.20/tube ($14.86 each).

I am glad to see APMEX finally putting them back on their site.
Pillar of the Community
United States
1026 Posts
 Posted 09/11/2008  7:28 pm  Show Profile   Bookmark this reply Add Brucec to your friends list
Well never bought from them before will see what my buying experience is like using them.
Pillar of the Community
United States
673 Posts
 Posted 09/11/2008  9:11 pm  Show Profile   Bookmark this reply Add InfiniteInterest to your friends list
The shop I work in is selling some of them for 2 dollars over spot (Plus Tax ) I bet he is the cheapest in the country right now. We are out of 2008's at the moment but we have quite a few others. Now...getting them back in stock might be a challenge, and not at that price for sure. I don't think this price will last long, the big buyers/wholesalers have not changed their prices with the fall of prices. They are trying not to lose so much money on the downside - they are now charging us 3 dollars over for any new orders-If they can even get them. Sorry we don't ship them out, he is busy enough without that for now.

Seems there is a shortage of physical silver, many places have stopped selling large quantities...Only the Shadow knows where this is going....


In Ohio, that is 13.50 Per ASE with tax
Edited by InfiniteInterest
09/11/2008 9:13 pm
Pillar of the Community
United States
4541 Posts
 Posted 09/11/2008  9:32 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list
i BOught 62 maple leafs last night for 13.44... I have noticed the lower silver goes the higher the spot price. Right now @ APMEX is 14.70 no matter how many you order. Last night you could get them at 14.00 and silver was higher
Valued Member
United States
88 Posts
 Posted 09/11/2008  9:36 pm  Show Profile   Bookmark this reply Add coinblogger to your friends list
Where do you guys sell them then?
New Member
United States
31 Posts
 Posted 09/12/2008  09:03 am  Show Profile   Bookmark this reply Add frankthetank to your friends list
I know... I've been buying a little here and there all the way down and really the price hasn't changed much! I did get some kooks for $17, which I thought was a good deal.. Never have too many kooks.
Pillar of the Community
United States
1026 Posts
 Posted 09/12/2008  11:05 am  Show Profile   Bookmark this reply Add Brucec to your friends list
Well I always try to buy American whatever when I can to try and keep our country in jobs.

Just my thing I guess.

That is why I buy American silver because I hope it does come from America.
Pillar of the Community
United States
4541 Posts
 Posted 09/12/2008  11:40 am  Show Profile   Bookmark this reply Add daviscfad to your friends list
i try and support america also but they need to get on the ball and higher more people to make ASE so they want be overwhelmed and be able to keep up with production... I dont see buying ASE's for a dollar more than maples and when you sell them they want you to buy them both at the same price.
Edited by daviscfad
09/12/2008 11:43 am
Bedrock of the Community
United States
12437 Posts
 Posted 09/12/2008  12:24 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list

Quote:
but they need to get on the ball and hire more people to make ASE so they want be overwhelmed and be able to keep up with production

That is not the problem at all- the Mint cannot obtain enough physical silver to keep up with demand. The Mint obtains the silver blanks from two different silver refiners and they are not able to fully fill all the orders. The American Eagle legislation is written so that all of the silver and gold has to come from new American sources(bit of a subsidy for the US precious metals mining industry) so they cannot go on the open market to purchase silver stockpiles.
Edited by biokemist6
09/12/2008 12:25 pm
Pillar of the Community
United States
4541 Posts
 Posted 09/12/2008  12:37 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list
I read somewhere though were it said the mint could not keep up with the demand
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United States
189340 Posts
 Posted 09/12/2008  12:40 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Look at it this way, the mint is not keeping up with demand because it is unable to acquire the necessary amount of silver (required for that demand) from the approved vendors.
Pillar of the Community
United States
628 Posts
 Posted 09/12/2008  6:52 pm  Show Profile   Bookmark this reply Add m9frank to your friends list
I love this kind of price swing. Look at how closely gold/silver price mimics oil prices over the last year or more.

I think gold and silver will head up again even if the dollar remains relatively strong.

I'm buying.
Valued Member
United States
88 Posts
 Posted 09/13/2008  10:31 am  Show Profile   Bookmark this reply Add coinblogger to your friends list
m9frank, you are right about gold and silver prices following the price of oil. All commodities tend to follow the price of the dollar which follows inflation.
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