US 90% Premiums Increasing???

[pennypicker]

After some minor "quality" issues and "game playing" with respect to APMEX and Provident I changed over to JM Bullion four years ago and they have been great in every aspect. JM Bullion is now the only "big boy" dealer I buy from.

[Recyclersteve]

I posted on the issue at the time but it was through apmex/eBay. They shipped to a hand written incorrectly written address so it bounced around the country for two weeks becore returning to apmex then getting resent and when it arrived it was the wrong 1 oz gold coin so I returned it (I should have just kept it) and the whole debacle started over again. Through it all communication was nearly nonexistent and eBay was of course no help. In the end I got what I ordered but two months late with no apology or consideration for their incompetence. Never again.

The fact that such a prominent firm would use a hand-written shipping label is surprising to me. Maybe their printer ran out of ink or some such thing. But it seems like a bit of a fluke to me- as opposed to them wanting to blatantly cheat you.

Frankly, I was thinking that maybe they took 1-2 months to deliver or something like that.

[68Camaro]

After some minor "quality" issues and "game playing" with respect to APMEX and Provident I changed over to JM Bullion four years ago and they have been great in every aspect. JM Bullion is now the only "big boy" dealer I buy from.

I'll second JM Bullion as excellent - and I use them myself (though I haven't been buying much lately).

Even so, it's a function of what you're spending. If you were one who (and there are few if any on RC who have this magnitude of resource, or at least would admit to it) were spending 6 digits or more in a transaction, the only supplier I would recommend you deal with is Miles Franklin - absolutely the best reputation in the business, a solid business model, and you can develop a personal relationship with them. They work more at levels that are way above my head, but I did have a couple of transactions with them, and have been to one of their seminars, and I sort of know a couple of the principals, and they are fantastic to deal with. When their shipping crew happens to screw up they admit to it, apologize, and fix it. They've been known to throw in an extra ASE or two as appreciation for putting up with their screw up. And they work with Brinks (I believe it is, in the US) and RCM (in Canada) to provide vault service in both US and Canada.

[Cu Penny Hoarder]

Generic 90% now $1.09 above spot on Apmex. Spot price is going down and they're making up for it.

I predict the $0.29 above spot price I posted about in August 2018 won't be seen again for many, many years.

[Cu Penny Hoarder]

Black Friday sale on APMEX... 90% is 0.59 cents over spot today. IMO, probably the last chance to get it this cheap.

Just wanted to tell everyone here. I imagine other bullion dealers are having sales today too.

[smackvay]

I got lucky and grabbed. A $100 face bag for 10 times face

[Cu Penny Hoarder]

I got lucky and grabbed. A $100 face bag for 10 times face

Nice. Online or LCS?

[daviscfad]

to the coin shop owner that the OP was talking about.
I just remember the last time everyone was saying silver was going up.. It had been up over 45 and hovering in the low 30s. it went down to 20 almost immediately after..

[Cu Penny Hoarder]

to the coin shop owner that the OP was talking about.
I just remember the last time everyone was saying silver was going up.. It had been up over 45 and hovering in the low 30s. it went down to 20 almost immediately after..

All asset bubbles draw buyers because of greed and FOMO (fear of missing out). Most who bought silver at $35, $40 and $45 was dumb money chasing price in hopes for larger gains... nothing more. There is no greed or FOMO for silver right now, in fact people are very close to hating it. That means people should be buying. Could it go even lower?... it sure can.

How about the greedy, dumb money FOMO buyers who bought bitcoin at $10,000, $15,000 and $20K? - ouch! At least silver is tangible, has utility and intrinsic value. Blipcoins are nothing but vaporware and internet hype.