Goldmart Prices Not Reflecting Spot Prices.

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Author	Replies: 8 / Views: 1,249
starbuxinvestor Pillar of the Community United Kingdom 616 Posts	Posted 05/07/2013 10:17 am Goldmart Website says they are selling ASEs for $4.25 over spot. Their bug says spot is $23.55 so coins should be $27.80. But their list price is $29.21. That is quite a difference. Report this Post to the Staff

allranger Pillar of the Community United States 1391 Posts	Posted 05/07/2013 10:53 am Yeah, but I bet most people do not do the math so they never notice. Report this Post to the Staff
starbuxinvestor Pillar of the Community United Kingdom 616 Posts	Posted 05/07/2013 11:23 am Provident is selling at $5.39 over spot is selling cheaper at $29.99 plus they have volume discounts over and above that. Report this Post to the Staff
barryg Pillar of the Community United States 5866 Posts	Posted 05/07/2013 11:28 am I just checked and it looks like all their prices are not reflecting the current spot value right now. I don't think their offices are open yet, but perhaps somebody needs to give their server a quick kick or something... Expanded Digital U.S. Type Set Album \| Dansco 8100 (Lincon Cents) Album \| Digital Proof Type Set \| Digital U.S. Currency Type Set \| Foreign Bullion Coins Report this Post to the Staff
barryg Pillar of the Community United States 5866 Posts	Posted 05/07/2013 11:36 am In fact, their prices seem to be frozen at the moment and are not going up and down with spot prices at all. I recall this happening awhile ago (last year) and when I called to alert them they investigated and reset something that reconnected the pricing to the live feed. I should probably call them again... Report this Post to the Staff
starbuxinvestor Pillar of the Community United Kingdom 616 Posts	Posted 05/07/2013 11:41 am Do you think they will reprice all the orders placed when the link wasn't working? Report this Post to the Staff
Arksun Valued Member United Kingdom 90 Posts	Posted 05/07/2013 11:50 am Ive noticed that some stores use a fixed low price, so the real time updated price follows spot unless it falls below a certain point, at which point the price stays the same as spot falls, or stays same until jumping to a new higher premium point. But I would hold off, bigger falls are coming imho. Report this Post to the Staff
barryg Pillar of the Community United States 5866 Posts	Posted 05/07/2013 12:04 pm Just called them and they are aware of the issue and looking into it. No idea if they will reprice orders or not. Report this Post to the Staff
barryg Pillar of the Community United States 5866 Posts	Posted 05/07/2013 5:19 pm Looks like they have finally fixed the problem... Report this Post to the Staff
	Replies: 8 / Views: 1,249

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