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2014 ASE... Is This A Deal?

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CLS12's Avatar
United States
509 Posts
 Posted 02/27/2014  10:01 am Show Profile   Bookmark this topic Add CLS12 to your friends list Get a Link to this Message Number of Subscribers
I thought I'd point this out... APMEX is offering 10 ASE (breaks it down as buy 8 get 2 free) on ebay for $249.99 with free shipping.

I'm new to trying to build a hoard/stash of silver through ASE. My stash has been predominantly acquired through CRH. Is this as good as can be found when silver is around $21? I know they were offering them for closer to $215 when silver was in the $19+ range and just lowered the price from $320, but I hesitated too long on the last discounted deal.
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 Posted 02/27/2014  10:14 am  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
You get a similar price from ProvidentMetals (with payment by check):
http://www.providentmetals.com/2014...on-coin.html
Shipping is not included though unless you also purchase one of these coins which will make it free shipping:
http://www.providentmetals.com/bull...ml?limit=all
Edited by omxfl
02/27/2014 10:15 am
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Foxwoods Man's Avatar
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 Posted 02/27/2014  10:34 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Not a gross deal and actually not bad if you consider the free shipping and the ability to use a CC with no upcharge or waiting for a check to clear.

I bought 2 rolls of them when they were at $225/10 and they were shipped immediately. Spot was round $1.50 less then so I guess it's a wash...

..and they have listed 15,458 sets sold but over 15k of those were the $224.95 sets of 10
Edited by Foxwoods Man
02/27/2014 10:35 am
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CLS12's Avatar
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509 Posts
 Posted 02/27/2014  10:55 am  Show Profile   Bookmark this reply Add CLS12 to your friends list Get a Link to this Reply
Thanks for the provident metals link, I'll have to check them out. The 25 oz silver bullet is sweet, if only it wasn't pricey as well. Although with free shipping calculated it would only be +$12 on 25 ASEs... hmmmmmmmmmmmm. I don't think I'm going that route, but I bet they sell a lot of them on Friday and Saturday evenings with people surfing the web after drinking some brewskis.
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welder's Avatar
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1037 Posts
 Posted 02/27/2014  11:33 am  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
I have used Provident and took advantage of their free shipping items.

I have done well with http://www.aydincoins.com/ too. Aydin has free shipping.

Some other forum members use http://silvergoldbull.com/.

Lastly, there are good deals on ebay with a little persistence and patients. Just don't get caught up in a bidding-war.

Good luck and keep us posted with your deals.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 02/27/2014  12:07 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
I bought a bunch of those silver bullets last year. They are pretty cool. My son is a police officer and I gave him some for Xmas.

A bit cheaper direct from the manufacturer and a cool production video on the site:

http://silverbulletbullion.com/

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Foxwoods Man's Avatar
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 Posted 02/27/2014  3:49 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Deal updated:

"Save $10 when you buy two or more sets"
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CLS12's Avatar
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509 Posts
 Posted 02/27/2014  5:35 pm  Show Profile   Bookmark this reply Add CLS12 to your friends list Get a Link to this Reply
My sister works for a firearms manufacturer and is a gun enthusiasts (as is her fiancee), so the silver bullet might be a cool wedding gift alternative to give her and it would be memorable... the engraving is a little pricey ($10 per silver bullet) and you need to buy 10 for a complete box of .45 so might be a little more than I'm looking to spend on a gift, but thanks for the link!
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SA4H's Avatar
United States
2764 Posts
 Posted 02/28/2014  04:20 am  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
10x 1.5oz for the .45 OR you can just get ONE 10oz (.50 BMG) or 25oz (20mm) and save on the engraving cost, throw in a box and you get a great gift..... ;)
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barryg's Avatar
United States
5850 Posts
 Posted 02/28/2014  10:46 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
APMEX is offering 10 ASE (breaks it down as buy 8 get 2 free) on ebay for $249.99 with free shipping.


Yeah, I saw this as well. Not a bad price, but I object to the sleazy marketing technique of claiming that they are giving you a 20% discount off the "list" price of $31.10 per coin. Unless they really do sell these normally for $31 apiece when silver is at $21. In which case, the marketing for this particular deal isn't sleazy in the least but APMEX are ripoff artists in general for charging a $10 premium.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 02/28/2014  11:04 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
APMEX is currently selling 2014 ASE's for $30.88. The 2013's are for sale at $33.05

Same shipping (free) as the sale offer
Edited by Foxwoods Man
02/28/2014 11:05 am
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CelticKnot's Avatar
United States
12817 Posts
 Posted 02/28/2014  12:39 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Why wouldn't anyone just go to their local bullion store (assuming there's one close) and buy 2013 ASEs for $3-$4 over spot? Or if you have to have the 2014s, $4-$5 over?

I realize not everyone has easy access to a bullion dealer, and maybe that's the answer.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 02/28/2014  12:54 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Maybe 'cuz it's just easier for someone to sit on their couch in their jammies, brewskie in hand and click on "Buy it now"...

A person does not need brains to buy on ebay...BELIEVE me. I have been selling coins there for quite a while...you would be shocked at what some will pay for coins available much cheaper elsewhere.....
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welder's Avatar
United States
1037 Posts
 Posted 02/28/2014  2:24 pm  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
In California, if your bullion purchase is less than $1400, you are charged sales tax. That's why I avoid buying my ASE's from a local dealer. And depending on which county you make the purchase, you can pay as much as 9.75% sales tax. In my area sales tax is 9%.

At coin shows, I take coins with me for bartering to avoid paying the sales tax.
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CelticKnot's Avatar
United States
12817 Posts
 Posted 02/28/2014  3:36 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Yeah I did forget about sales tax. In Texas they charged sales tax on bullion purchases under $1k until sometime last year. I found a local dealer who I got know and he never charged me when he was supposed to, but that is something to consider.

Mmm.... brewskie....
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schris252's Avatar
United States
368 Posts
 Posted 02/28/2014  4:54 pm  Show Profile   Bookmark this reply Add schris252 to your friends list Get a Link to this Reply
well now its at $302.28 so I think that will answer your original question.
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