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Premiums On Silver Maples

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Author Previous TopicReplies: 9 / Views: 1,376Next Topic  
Valued Member

Canada
497 Posts
 Posted 06/14/2011  11:59 pm Show Profile   Bookmark this topic Add west- canuk to your friends list Get a Link to this Message Number of Subscribers
I've noticed the premium on maples from my local dealer has been slowly(?) going up, now almost $5 Canadian over spot if I buy less than 25. What are others across the country charging? Does anyone know what the RCM's premium to dealers is now?
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 06/15/2011  01:15 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
goldealer is spot +150, spot +375 on 25+
silvertowne is 34.07 - 45.45 basis 35.32
Valued Member
vinnycoin's Avatar
Canada
442 Posts
 Posted 06/15/2011  4:51 pm  Show Profile   Bookmark this reply Add vinnycoin to your friends list Get a Link to this Reply
yep, around 5 dollars. I think my LCS needs to adjust their pricing. The prem on the maples is 45 cents less than the grizzlies. At that price, I may as well get the limited grizzlies!
Valued Member
Canada
497 Posts
 Posted 06/16/2011  12:03 am  Show Profile   Bookmark this reply Add west- canuk to your friends list Get a Link to this Reply
Thanks vinnycoin, if I had that option I'd go with the grizzlies also, but my LCS is charging $3-$4 more for them.

Thanks biggfredd, are you saying goldealer is charging $1.50 over spot for silver maples?
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Namachieli's Avatar
United States
2120 Posts
 Posted 06/16/2011  11:56 am  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
I'm seeing 3-5 over spot in the Seattle area.
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Ugly's Avatar
Canada
1733 Posts
 Posted 06/16/2011  1:03 pm  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
I think what we're seeing is an attempt to recoup losses after the run up by use of these wide margins. There are still deals to be had, definitely worth looking around.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 08/24/2011  06:52 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Thanks biggfredd, are you saying goldealer is charging $1.50 over spot for silver maples?


No. Buying at 150 over, selling at 375 over
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poboxw's Avatar
Canada
1502 Posts
 Posted 08/25/2011  01:19 am  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
$3-4 over spot here in Canada
Got my grizzlies only $4-5 over spot
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mkfarm's Avatar
United States
667 Posts
 Posted 08/25/2011  2:46 pm  Show Profile   Bookmark this reply Add mkfarm to your friends list Get a Link to this Reply
$3 over spot is what I am paying
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allranger's Avatar
United States
1391 Posts
 Posted 08/25/2011  3:53 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
I get the silver maples for $3.00 over spot. Sometimes $4.00 of it is one of the rarer ones.
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