How come if i buy a 10oz coin from the perth mint it cost me $340 and i can get one from a site sponsor for around $318? How is it that the mint that produces the coin has a higher sell price than a 'middle man' ie: a dealer. I'm not complaning i just don't get it, is there a reason that i'm missing?
macadamia short breads are expensive, every coin you buy from the perth mint direct maintains the cookie jar levels in the boardroom.
something to do with the mint premiums being higher than the market will bear, and so when they're coins are sold at what the market perceives as fair value, an astute dealer can purchase and then resell at a reasonable premium.
so basically it seems, your either a collector buying 1 coin at a time, or a dealer buying bulk, there's no in between. but that's good, someone needs to maintain the retail price, it works both ways, if a dealer buy them at wholesale and it turns megga popular and a $110 coin starts selling for $1100, perth mint will still maintain the $110 price, whereas dealers would take advantage of the rise and sell @ $1100 so neither are angels
It's probably like shops buying Coke from supermarkets rather than buying from Coke directly - It's always cheaper at woolies for some reason. PM are producers, and might think it better to let others promote and distribute their stock.. Maybe the Mint shop is just a tourist attraction, and they set their price accordingly?
