Silver Eagles - Page 2 - Coin Community Forum

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Author	Replies: 24 / Views: 2,417	Page: of 2

Dkillett Valued Member United States 140 Posts	Posted 08/13/2009 01:36 am Holy cow? A whole pallet. And $2000 shipping to boot, LOL. Well I guess if you can afford the pallet you can afford the shipping. Kudos to whoever buys that, LOL. Report this Post to the Staff
Morgans Dad Pillar of the Community United States 5601 Posts	Posted 08/13/2009 01:37 am SNOWMAN, very good point!! Report this Post to the Staff
chris12018 Pillar of the Community United States 2130 Posts	Posted 08/13/2009 06:27 am How does someone end up being able to purchase so much coinage. I would of thought there would be some type of limit. Report this Post to the Staff
jbuck Moderator United States 187446 Posts	Posted 08/13/2009 10:25 am The ASE bullion (not uncirculated collector) coins are sold direct to select dealers in very large bulk amounts. Average guys like us cannot buy them from the mint. I suspect what we have here is an inventory liquidation of one of those dealers. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
steve199 Pillar of the Community United States 1882 Posts	Posted 08/13/2009 10:55 am $18 per coin is too high for a large lot like that. Report this Post to the Staff
Morgans Dad Pillar of the Community United States 5601 Posts	Posted 08/13/2009 1:07 pm WE all know what we would pay for this coin,from the Mint or any shops. I purchased one from one of the "coin shops" near me,2009- UNC paid $19.00 back in March. Does anyone have a clue as to how much these "Large dealers" would pay per coin? I agree $18.00 is too much to pay for that quantity! Report this Post to the Staff
COINAHOLIC Rest in Peace United States 1501 Posts	Posted 08/13/2009 2:01 pm How about this FREE SHIPPING!! Plus I can earn 200.00 in ebay bucks oooooooohhh! Report this Post to the Staff
mfhorn Pillar of the Community United States 959 Posts	Posted 08/13/2009 5:02 pm Did anyone notice who delivers the PALLET? Brinks! Hence;$2000. Can't you picture this shipment going to a house, and the customer wants it on the second floor. I was in the trucking business, and believe me the things people ask of the poor delivery slob. I'm sure the neighbors wouldn't notice. Anyone with that kind of money probably has a vault in the basement anyway. The spot on silver at 5PM was $15.07, so 25,000 coins for $449,000. Don't know. Where do you think silver will go? Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 08/13/2009 10:44 pm That pallet load of 25,000 is a distributor's MINIMUM size order from the mint. As for what they pay for them Spot plus $1.50 per oz, plus shipping. Quote: I agree $18.00 is too much to pay for that quantity! At $18 each the guy is making 7% at that 5:00 PM spot quote. Report this Post to the Staff
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