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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

American Copper Eagles Sellin Way High On Ebay

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gilpo
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 Posted 06/24/2011  1:47 pm  Show Profile   Bookmark this reply Add gilpo to your friends list Get a Link to this Reply
I made fun of my father for buying some of these then got to thinking a little more about it. Basically, when you buy them for a buck or so, you are only really paying for the manufacturing cost. There will always be a premium above spot for the cost of refining and minting them. Same with the silver eagles direct from the mint. They charge $2, I believe, over spot, for them in bulk. So that said, this means that this price is the cheapest you will ever be able to buy these 'coins' for. I wouldn't buy them buy the truckload, but if I could get 100 for $117 (what a lot sold for on ebay a few days ago) I think it might be a good idea.
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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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