Does anyone know what distributors pay for proof coins. More specifically the CHINESE ANCIENT MYTHICAL CREATURES 2015 5OZ SILVER PROOF HIGH RELIEF COIN. I notice that talisman is selling them for a little less than what you can buy them for directly from the mint. Not to mention they are offering a bulk discounts. I'm seeking greater clarity on price development from the mint through the market.
Someone just asked this question about bullion coins. The information is commercial in confidence and distributors are not allowed to reveal this information. Markups on proof coins however are much larger than on bullion coins.
I am and I know as seen the invoice AP gets the proof stuff 30% cheaper than RRP and that's too a retail LPO so to the head office a guess 50% the RRP. so take it as you please.