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DesertTumbleweed402
Penny Pincher Member
USA
196 Posts |
 Posted - 04/27/2009 : 15:14:05
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Hey everyone!
For those of you who are interested, as of this current writing, silver (mmmmm.....silver......) is down by $0.09. And I noticed on Apmex that on the 2009 American Silver Eagles, the premium has been reduced to $3.19 from $3.49.
Any ideas as to why??
I hope that helps!
- Desert
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I enjoy taking long walks off short piers. |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 04/27/2009 : 15:31:42
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| My guess is that they got more of the 09's in at a lower price, so they were able to reduce everything. I dont think it has anything to do with silver dropping 9 cents |
Copper Penny Investing
www.portlandmint.com |
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DesertTumbleweed402
Penny Pincher Member
USA
196 Posts |
Posted - 04/27/2009 : 15:34:03
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| No, I don't think it has anything to do with silver dropping 9 cents either, I just added that in because it makes a price a slight bit cheaper than yesterday's in ADDITION to the overall price reduction. |
I enjoy taking long walks off short piers. |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 04/27/2009 : 15:39:14
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| Premiums for all kinds of silver have been coming down the past few weeks. I would guess that many retailers and wholesalers have too much inventory versus the demand. Even if price can be manipulated, it seems to be supply versus demand that always determines premiums. |
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The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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ScottyTX
Penny Hoarding Member
USA
508 Posts |
Posted - 04/27/2009 : 15:39:56
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Oh my, guess they are actively competing with tulving right now. At tulving you can get A Monster box of ?? date for 2.99+ spot per coin, hummm premiums keep dropping my friends, I don't know what to say to that one!!!
Scotty |
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Silver's Down Today, Apmex Premiums REDUCED!
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