To simple really. Price comes down, buyers (deep pockets) come out of the woodwork, raise premiums .. sell more, make more. Any way you look at it, greed wins out.
Rwanda African Buffalo coin, about 10% more roughly than the average auction price on ebay and at that with silver falling. give me a break...
I really feel bad for anyone who bought as price dropped. My data shows that its best to buy when the silver and gold markets are range bound, as no one is really interested in buying and therefore the dealers dont mark up as much.
Some of the biggest offenders of jacking up prices on down days are AMPEX and MCM. I say this based on my records of market prices versus their daily changes in price in a wide range of bullion coins.
I see. I have never been interested in junk silver, so I never think about it.... It does make me have differing thoughts than a lot of the people on this forum though
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