Apmex Ex. Offer ATB 2011 2 Coin Set For 1.89/Oz Over Spot

To participate in the forum you must log in or register.

Author	Replies: 7 / Views: 1,158
bjones Valued Member United States 304 Posts	Posted 08/04/2011 5:55 pm Just got the email, gettysburg and glacier 5 oz each silver for $408.50 currently. Report this Post to the Staff

Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 08/04/2011 6:08 pm I got the same email an giggled earlier.... I guess if you have been wanting to get into this popular 5 oz. series, now is the time.... Report this Post to the Staff
CPC24 Pillar of the Community United States 619 Posts	Posted 08/04/2011 6:37 pm $408.50? That's double spot... Oh, the email says you have to buy two. Report this Post to the Staff
Bizybackson Pillar of the Community United States 1817 Posts	Posted 08/04/2011 6:56 pm I got the same email today. Under $10 per puck premium? They must be trying desperately to push these pucks out the door. Probably shouldn't have bought so many from the mint, and tied their money up, probably lost $$$ big time on these, since APMEX probably bought these @ $45+++ an ounce & the mandatory $9.75 charge per coin back on April 20th. Notice in the Mint's sales figures on the following two, Olympic and Vicksburg are still available for bulk purchase, with Chickasaw just released. Dumping 3M oz. in this form in a space of three months doesn't bode well for this bullion series even with the higher price of silver. Most everyone just wants a roll or two of ASEs, myself included. Edit: here is the Coin News article with the Mint's numbers on the 2011 ATB bullion: http://news.coinupdate.com/2011-ame...ales-slower/ Edited by Bizybackson 08/04/2011 8:24 pm Report this Post to the Staff
Bizybackson Pillar of the Community United States 1817 Posts	Posted 08/04/2011 8:49 pm IMO, from looking at the numbers, the 2011 coins will be glut on this market segment for a year or more. The 2010 releases were an anomaly as "numismatic curiosities," and did not accurately predict the market demand for the 2011 coins. 50,000 would have been a more reasonable mintage instead of the ambitious 127,500 minted per design. Which means, unless Congress amends the legislation, the 2012 coins mintages would be far fewer than 127,500. So I'd save my money for an El Yunque or Chaco Canyon in six months or so. Report this Post to the Staff
junior e Pillar of the Community United States 931 Posts	Posted 08/04/2011 9:10 pm There are a lot of lower grade pucks that were released. I wonder if this is how they are culling out the problem coins. That close to spot I wouldn't care. Report this Post to the Staff
Bizybackson Pillar of the Community United States 1817 Posts	Posted 08/04/2011 9:44 pm I'm sure they've cherry picked through the monster boxes, although as a fact I know that APMEX has bundled these two coins as one product offering as far back as April 29th, I nearly pulled the trigger on the pair at $582.00 back then! The 2010 set I received from them was of high quality, four 69s, 2 of them DMPL, and they seem to have been the first AP to order from the mint in substantial quantities, so they might have gotten the earliest strikes from the Mint. I have yet to buy any 2011s, if silver drops another $2/$3, I'll get this pair from them, as it has an even slimmer premium than my dealer of choice, Provident Metals. Report this Post to the Staff
Ceylon62 Pillar of the Community United States 1285 Posts	Posted 08/05/2011 08:14 am IMO, bullion should sell for a nominal premium, unless it's a low mintage. As to why folks pile in and pay 10 to 20% premiums is beyond my comprehension. This price looks more reasonable. Above is my 2 cents. Report this Post to the Staff
	Replies: 7 / Views: 1,158

To participate in the forum you must log in or register.

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

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.3 seconds to rattle this change.