APMEX needs more Sheep to sell Silver

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APMEX needs more Sheep to sell Silver

Postby beauanderos » Mon May 09, 2011 2:30 pm

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Re: APMEX needs more Sheep to sell Silver

Postby AGCoinHunter » Mon May 09, 2011 2:42 pm

To be so out of favor now that they have successfully knocked it down, they sure are out of a lot of silver. The sellers last week were all on paper.
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Re: APMEX needs more Sheep to sell Silver

Postby franklin » Mon May 09, 2011 3:32 pm

They have a 6-8 dollar premium (at this time) per coin on each decent Morgan or Peace.
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Re: APMEX needs more Sheep to sell Silver

Postby CU Baker » Mon May 09, 2011 3:49 pm

Holy s..t, HCBTT must have bought out their inventory completely :lol: Now that makes me :mrgreen:
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Re: APMEX needs more Sheep to sell Silver

Postby franklin » Mon May 09, 2011 5:32 pm

I figure they bought from a lot of y'all 2 weeks ago at 48 and are sitting on it until it gets back to 50. I have a hard time believing they are out of those items.
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Re: APMEX needs more Sheep to sell Silver

Postby Neckro » Mon May 09, 2011 5:36 pm

like above said, as price widely swings out of their favor. Their products "Sell out" And magically reappear when silver goes up.
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Re: APMEX needs more Sheep to sell Silver

Postby Robarons » Mon May 09, 2011 6:34 pm

Well it seems they still have $1000 Face bags in stock and have 20 of them.

I think they put all their 90% in $1000 face bags because traditionally they only have like 3 or 4 of those bags in stock. Its easier to sell $1000 face at 23x or whatever than a walking liberty bag at 27x or whatever the premiums are for those 'special bags'
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Re: APMEX needs more Sheep to sell Silver

Postby RR GUY » Mon May 09, 2011 7:43 pm

They sure have a whole lot of Morgan's and Peace dollars. Price is typical retail price. One of my dealer's has very few average circulated left and has been begging me to part with the Culls. Another dealer I recenlty bought from has plenty of better coins, but he wants a huge premium like the old days. I haven't been to a coin show in a few years, maybe somebody can report as to the amount of inventory there. I would also be interested to know how many gold pieces are available at the shows as well.
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