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AndrewSly | 11-16-2009 09:29 PM
APMEX gold spot prices Has anyone notice APMEX has been quietly raising the spot prices on gold? Just in the past day the price has gone up. I could remember a few weeks ago it being just $41 over spot. :5_1_120:

Firenhole | 11-16-2009 09:34 PM
Re: APMEX gold spot prices Quote:
Originally Posted by AndrewSly (Post 2029056) Has anyone notice APMEX has been quietly raising the spot prices on gold? Just in the past day the price has gone up. I could remember a few weeks ago it being just $41 over spot. :5_1_120:
you mean the "premium" over spot paid for certain items?

AndrewSly | 11-16-2009 09:53 PM
Re: APMEX gold spot prices Yes, the price above spot.

KENKEN | 11-16-2009 09:59 PM
Re: APMEX gold spot prices Depends on what you get really. Stuff like the 2010 Vancouver Maple Leaf is only 37.95 over spot. And they are 999.9 fine. http://www.apmex.com/Product/52886/2...ancouver_.aspx

TheSkeptic | 11-16-2009 09:59 PM
Re: APMEX gold spot prices They have some really cheap Maple Leafs, they're "scruffy", but 1oz is 1oz.

AndrewSly | 11-17-2009 12:00 AM
Re: APMEX gold spot prices I went by a coin shop over the weekend, and they wanted $20 a ounce for any bullion. I inquired about a 10 oz. silver bar, he said $200.00 bucks. I said no thank you and quietly left. At the time it was a $2.50 above spot per oz.

Firenhole | 11-17-2009 12:09 AM
Re: APMEX gold spot prices Quote:
Originally Posted by Drumblebum (Post 2029346) That sounds about right... what's the problem, ezzzactly? Expect to pay a premium of that size above spot at these prices...
problem being APMEX had their 10oz bars for .69 over spot all weekend, $2.50over is NUTZZZ...

Drumblebum | 11-17-2009 12:09 AM
Re: APMEX gold spot prices Quote:
Originally Posted by AndrewSly (Post 2029335) I went by a coin shop over the weekend, and they wanted $20 a ounce for any bullion. I inquired about a 10 oz. silver bar, he said $200.00 bucks. I said no thank you and quietly left. At the time it was a $2.50 above spot per oz.
2.50 over spot would not be unheard of for SAE's right now... Im not so sure about bars - may be a little high. Shop around, brutha!

Buyingsilvers | 11-17-2009 12:11 AM
Re: APMEX gold spot prices Quote:
Originally Posted by AndrewSly (Post 2029110) Yes, the price above spot.
to be fair, they're raising the buy prices as well. It's currently $25 over spot.

Drumblebum | 11-17-2009 12:30 AM
Re: APMEX gold spot prices Quote:
Originally Posted by Buyingsilvers (Post 2029358) to be fair, they're raising the buy prices as well. It's currently $25 over spot.
Mmmmm... you may be talking about Au? Or did you mean 25 cents over spot? (I haven't looked)

Firenhole | 11-17-2009 02:22 AM
Re: APMEX gold spot prices Quote:
Originally Posted by Drumblebum (Post 2029380) Mmmmm... you may be talking about Au? Or did you mean 25 cents over spot? (I haven't looked)
OP asked about gold...Andrewsly asked about silver...

Buyingsilvers | 11-17-2009 10:50 PM
Re: APMEX gold spot prices Quote:
Originally Posted by Drumblebum (Post 2029380) Mmmmm... you may be talking about Au? Or did you mean 25 cents over spot? (I haven't looked)
off the top of my head, I think apmex normally pays $.50 behind spot for generic, and consider anything other than engelhards or jms generic. Not sure if they pay more for IRA acceptable bars.

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