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Apmex Rare Coins - Who Knew?

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Author Previous TopicReplies: 13 / Views: 1,893Next Topic  
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thq's Avatar
United States
3343 Posts
 Posted 09/12/2019  5:42 pm Show Profile   Bookmark this topic Add thq to your friends list Get a Link to this Message Number of Subscribers
With the run-up in bullion prices, I've noticed that a lot of semi-rare silver and gold coins have started showing up on ebay. I chased one of these listings over to APMEX, where it was discounted 6% for cash.

What surprised me was the huge number of high quality US and ancient coins that are available there. I was used to seeing a motley assortment of bullion-grade polished coins but not any more.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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moxking's Avatar
United States
17900 Posts
 Posted 09/12/2019  5:54 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
APMEX concentrates on modern and bullion but I've "stolen" a few nice numismatic coins over the years.
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basebal21's Avatar
13014 Posts
 Posted 09/12/2019  6:05 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
They do both. Pretty sure they also have deals with other dealers where they list their inventory on their site as well
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ExoGuy's Avatar
United States
4416 Posts
 Posted 09/12/2019  6:15 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
I agree, APMEX does have some great bargains if one looks. I believe it's because they "move" so much material. I cherried a fine buy from them, a variety that they, as "numismatists" dealing in rare coins, should've recognized, listed and priced accordingly. Fortunately for me, it wasn't! My impression is that APMEX is more geared to selling coins as commodities.
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oriole's Avatar
Canada
5239 Posts
 Posted 09/12/2019  6:26 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I noticed on their ebay listings worn GB pennies for $11, which are worth 10-15 cents. I am not very impressed.
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barryg's Avatar
United States
5850 Posts
 Posted 09/12/2019  6:28 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
I've been buying higher end U.S. Coins from APMEX off and on for a few years now, usually when I want something special, don't want to spend a lot of time looking around, and want to buy from someplace trustworthy. I can't say I've gotten any great bargains, but the prices were at least reasonable and I've been very happy with my purchases.

Here are a few examples:

Apmex-Rare-Coins---Who-Knew? Apmex-Rare-Coins---Who-Knew?


Apmex-Rare-Coins---Who-Knew? Apmex-Rare-Coins---Who-Knew?

Apmex-Rare-Coins---Who-Knew? Apmex-Rare-Coins---Who-Knew?

I've also picked picked up some currency from APMEX over the years, including this recent purchase:

Apmex-Rare-Coins---Who-Knew?
Apmex-Rare-Coins---Who-Knew?
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moxking's Avatar
United States
17900 Posts
 Posted 09/12/2019  6:34 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Magnificent examples, Barry. That DB $ makes me envious.
Edited by moxking
09/12/2019 6:49 pm
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MrPink2018's Avatar
United States
2464 Posts
 Posted 09/12/2019  7:43 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
i get some pretty decent stuff from APMEX. I acquired a random date 2-1/2 dollar liberty head gold in AU that has clashing on it, which stunned & delighted me. they have some good deals. I do a lot of window shopping there.
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MrPink2018's Avatar
United States
2464 Posts
 Posted 09/12/2019  7:44 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
barryg, that's a sweet 1799..
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thq's Avatar
United States
3343 Posts
 Posted 09/12/2019  7:54 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Very nice 1799 barryg. APMEX doesn't deal in the typical ebay "details" slabs. And if you follow their ebay listing over to their site, they discount for cash.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
09/12/2019 7:57 pm
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barryg's Avatar
United States
5850 Posts
 Posted 09/12/2019  10:04 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Way back when I was working on completing my 7070 album, I actually purchased all the coins for the gold page from APMEX in one fell swoop.

Sadly, it was when gold was around $1800/ounce. At the time, I was convinced that gold was just going to keep getting higher and I didn't want to wait any longer and risk it becoming too expensive.

Oops.
Edited by barryg
09/12/2019 10:04 pm
Bedrock of the Community
United States
20753 Posts
 Posted 09/13/2019  09:03 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I need that 1799 for my Album. Nice coin.
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jbuck's Avatar
United States
188213 Posts
 Posted 09/13/2019  2:07 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I can't say I've gotten any great bargains, but the prices were at least reasonable and I've been very happy with my purchases.

Here are a few examples:
Well done.
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BStrauss3's Avatar
United States
4591 Posts
 Posted 09/14/2019  4:33 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Always check the website if you can determine the seller.

Usually, they'll sell it for around 10% cheaper since they don't have ebay's fees.

If you know & trust the seller, call them, offer another 10% less for a check it the mail (vs. credit card) (or cash at the coin show) and see if they bite. If they counter at just 5% less (AND YOU TRUST THEM)...

-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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