APMEX: Massive Premium on PM Silver Dragon

Discussion in 'Silver' started by SilverQueen, Oct 14, 2011.

  1. SilverQueen

    SilverQueen New Member

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    Did you all see the massive premium of PM Silver Dragon selling on APMEX? They are selling like silver spot is over $40+
     
    SilverQueen, Oct 14, 2011
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  2. SilverQueen

    SilverQueen New Member

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    Looks like Gainsville too have huge premiums for all PM Silver Dragons....
     
    SilverQueen, Oct 14, 2011
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  3. fishball

    fishball New Member Silver Stacker

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    Where have you been the past few weeks? :p

    (Yeah we've noticed hehe, plenty of threads in Lunar subforum discussing how price gougey they are)
     
    fishball, Oct 14, 2011
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  4. SilverQueen

    SilverQueen New Member

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    I'm in Aussie land...haven't been keeping track on US Dealers prices...hmm..indeed very interesting developments in separation of silver spot & physical.
     
    SilverQueen, Oct 14, 2011
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  5. jpanggy

    jpanggy Active Member

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    Its going for 65-70 here in aussie land.

    only usa charges insane.
     
    jpanggy, Oct 14, 2011
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  6. Trichter

    Trichter Member

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    Currently going for 65.90 euro on Silber Corner. They were up with the Tigers at 69.90 each at one stage, so they have definitely dropped off a little in their minds. BTW, they have not changed their prices much on Lunars since the recent drop.

    http://www.silber-corner.de/de/Silber/1-Oz
     
    Trichter, Oct 14, 2011
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  7. 940palmtx

    940palmtx New Member

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    Yeah, if ya want a Dragon here, ya gotta bend over and grab the ankles...totally Suck$
     
    940palmtx, Oct 14, 2011
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  8. opti

    opti Member

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    yeah, I really want a dragon since I'm having a kid next year, but the prices are very discouraging
     
    opti, Oct 14, 2011
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  9. heyimderrick

    heyimderrick Active Member

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    Prices on auctions on US eBay are still ending at 90+. That's why getting the gilded version for $94 ea w/ free shipping from Perth Mint seemed like a bargain to me earlier in the week.

    Provident Metals, Gainesville Coins and APMEX all have the 1 oz. silver BU for right around $100. Unless silver slides drastically I don't think they will lower prices and therefore I think prices will remain inflated here, and then skyrocket once supply dries up.
     
    heyimderrick, Oct 14, 2011
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  10. Rinchin

    Rinchin New Member

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    Was surprised to find some for $65 in NZ this week.
     
    Rinchin, Oct 15, 2011
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  11. FelixWankel

    FelixWankel New Member

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    yup, I agree regarding the gilded dragons. In fact, I just saw 2 of them sell for more than $150 on ebay. I'd imagine in a week or two, there will be 50k of them on ebay though so prices may come down initially. :lol: I'd say a year from now, the gildeds should do well
     
    FelixWankel, Oct 15, 2011
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  12. heyimderrick

    heyimderrick Active Member

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    Maybe only 49,995...the 5 I ordered won't be on the bay anytime soon, if ever. Stupid fees. :lol:
     
    heyimderrick, Oct 15, 2011
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