Apmex pulls buying offer for 2012 1oz silver dragons

Discussion in 'Lunar Forum' started by dccpa, Oct 14, 2011.

  1. dccpa

    dccpa Active Member

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    As many have mentioned, Apmex was offering to buy 1oz silver dragons for $85/coin. The $85 price offer is no longer listed and no offer is listed at all. I am curious as to what they will now pay for dragons.
     
    dccpa, Oct 14, 2011
    #1
  2. donkarnash

    donkarnash Member

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    I had asked them if they buy dragons, got a reply "we have thousands in stock"
     
    donkarnash, Oct 14, 2011
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  3. heyimderrick

    heyimderrick Active Member

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    They've probably had stock all along and just wanted to capitalize on the high prices being paid by everyone outside of Australia.
     
    heyimderrick, Oct 14, 2011
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  4. Anthony

    Anthony New Member

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    I wonder if they actually bought any at the $85 too...
     
    Anthony, Oct 14, 2011
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  5. Diablo21

    Diablo21 Member

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    I highly doubt it.
     
    Diablo21, Oct 14, 2011
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  6. Silverthorn

    Silverthorn Well-Known Member

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    wouldn't be surprised, they are actually asking more for the tigers.
     
    Silverthorn, Oct 14, 2011
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  7. jpanggy

    jpanggy Active Member

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    Lol, australian dealers, milking apmex dry.

    Now they have to wait for a while before they can sell at their asking $100 a pop.
     
    jpanggy, Oct 14, 2011
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  8. FelixWankel

    FelixWankel New Member

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    haha, they have thousands because they are trying to sell them for $99 a piece.
     
    FelixWankel, Oct 15, 2011
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  9. projack

    projack Well-Known Member Silver Stacker

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    They bought 1000 dragons for $85, but sales slowed down. Once stock level drops they might buy some more.
     
    projack, Oct 15, 2011
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  10. Matthew 26:14

    Matthew 26:14 New Member

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    Almost worth buying a thousand from ainslie for 60 and taking them to apex and getting 85 for each... 25 profit a coin.
     
    Matthew 26:14, Oct 15, 2011
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  11. heyimderrick

    heyimderrick Active Member

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    A lot of people on this forum bought that at $100 a piece, and on US eBay many are still ending for over $100 because they can still save a few bucks compared to the shipping costs from online dealers.
     
    heyimderrick, Oct 15, 2011
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  12. PeacePeople

    PeacePeople Member

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    I'm sure that they sent thousands of them to PCGS and NGC to get them graded, as well. Right now they're not selling in any kind of volume because they're overpriced for a new issue. At some point I'd guess they'll lower the price until they start moving.

    If you want to know how many they have in stock, enter 10,000 in the order box and a pop-up will show you how many they have available. It's laughable. You can keep on checking and see it's dropping by a couple a day. Same with the proof and proof sets that they're trying to hit a home run with, so far they've sold 2 1oz proofs and 0 of the sets.

    At those prices, they'll be giving them names and keeping them as pets.
     
    PeacePeople, Oct 15, 2011
    #12
  13. aussilver

    aussilver Member Silver Stacker

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    A bit hard to source enough to meet this even if they were paying $85

    * The buy price is for transactions exceeding $10,000.00. For transaction of less than $10,000.00 the price paid will be at the discretion of APMEX and may be less than what is displayed here. If you own these items and would like to sell them to APMEX, please call 1(800) 375-9006 and ask to speak with someone in our product purchasing department.

    * Prices subject to change without notice. Prices paid may be more or less than displayed here and subject to quantity limitations.
     
    aussilver, Oct 15, 2011
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