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Silverguy23
Penny Sorter Member
USA
62 Posts |
 Posted - 01/06/2010 : 10:21:46
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I have a newbee question... Why are American Silver eagles and American Gold Eagles more expensive than Canadian equivilants? It would seem the Canadian coins would be more expensive since they are .9999 fine and the American Bullion is .999 fine.
Thanks
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Silver Bugs.... Keep Stackin'! |
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misteroman
Administrator
USA
2565 Posts |
Posted - 01/07/2010 : 22:20:03
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| Because the US is the most well known and respected currency in the world. Granted this is changing quickly but that is the case for now. |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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marine70
Penny Pincher Member
USA
150 Posts |
 Posted - 01/07/2010 : 22:46:49
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| Thank god something is still made here, with such quality. |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 01/07/2010 : 23:19:48
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Well, it certainty can't be Government price meddling, so it must be good old U$ofA marketing hype.
If more people would think for themselves, prices of many things would be other than what current markets use for exchange rates!
PS - Ever notice any difference between what dealers offer to sell at and what the price is they are willing to buy the very same lump of metal? |
There's profit if you melt things!!
8{> |
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 01/07/2010 : 23:31:36
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quote:
Originally posted by Computer Jones
Well, it certainty can't be Government price meddling, so it must be good old U$ofA marketing hype.
If more people would think for themselves, prices of many things would be other than what current markets use for exchange rates!
PS - Ever notice any difference between what dealers offer to sell at and what the price is they are willing to buy the very same lump of metal?
Well, that is the nature of our business. In fact, that is the nature of all viable businesses. |
www.WinnipegGoldBuyer.com
Standing offer for sale of quality, second-hand solid gold jewellery:
<$100 USD worth - spot +25%, plus actual shipping
$101-500 worth - spot +20%, plus actual shipping
$501-1,000 worth - spot +15%, plus actual shipping
$1,001+ worth - spot +10%, plus actual shipping |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 01/07/2010 : 23:43:43
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quote:
Originally posted by Computer Jones
Well, it certainty can't be Government price meddling, so it must be good old U$ofA marketing hype.
If more people would think for themselves, prices of many things would be other than what current markets use for exchange rates!
PS - Ever notice any difference between what dealers offer to sell at and what the price is they are willing to buy the very same lump of metal?
If our overpriced government didn't have to get their wastefull grubby hands into everyone's business, I am sure the spread would be lower. |
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feirefiz
Penny Sorter Member
Canada
62 Posts |
Posted - 01/08/2010 : 00:27:33
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| it also depends on where you are buying, at least where i live, maples generally carry a higher premium than eagles, i get the 'generic silver round' price when buying them at my local dealer. Same price as A-mark or apmex silver rounds when they have them. |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 01/11/2010 : 19:20:09
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| Bascially its logistics. Maples are less expensive in the U.S just like U.S ealges are less expensive in Canada. |
Copper Penny Investing
www.portlandmint.com |
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fasTTcar
Penny Hoarding Member
Canada
573 Posts |
Posted - 01/11/2010 : 19:27:38
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I paid .50 over for silver maples and spot for some bars and eagles.
I will get that premium back when I sell them. |
www.londongoldbuyer.com |
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fb101
Administrator
USA
2856 Posts |
Posted - 01/11/2010 : 20:20:17
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| oober+HighRoller+FasTTcar |
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Why are Eagles more expensive?
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