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As Of Late Mcm Bullion Selection Is Pathetic In My Opinion

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Pillar of the Community

United States
3789 Posts
 Posted 03/31/2016  2:15 pm Show Profile   Bookmark this topic Add yup7676 to your friends list Get a Link to this Message Number of Subscribers
Whats up with MCM. Pathetic offerings..

first let me start off with their abysmal somalian elephant coin offerings.


No Kilo elephant coins. No gold elephant coins. Didnt even bother to offer the 1/10th ounce gold coin.

APMEX is killing them. They have had just about every somalian coin for 2016.

Then look at their Panda offerings. For a period of time, they had very little supply of the 2016 gold Pandas. They go with periods with no supply.

Whats up with MCM, is there something going on behind the scenes with them? Anyone else noticed this?
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 03/31/2016  5:03 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Most of the value of the coins you mentioned are influenced by spot prices. Commodities, which includes silver and gold, are often purchased at pre set prices depending on the dealers cash supply.

When silver hits X an order of a specific amount might be placed.

Since you have to have serious bucks to play that game and since a single down turn that stays down for any period of time can kill any potential profit, even the largest dealers can quickly lose substantial potential profits. That will certainly affect inventory.
Pillar of the Community
United States
3789 Posts
 Posted 03/31/2016  6:16 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
Yea, buy I still dont buy that. I wonder if MCM is concentrating on areas where they really make the dough.

Their selection like I said has been paltry, this is the first time ever I seen this and conditions havent really changed much.
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