Last week, silve down 10%, 5oz Rushmore up 25%

Dealers all raised the price for 2013 5oz Rushmore this week.

Anyone knows why the Rushmore is much higher than other 2013 / 2011 ATBs?

 

Perceived demand. They probably jacked the prices seeing how more people are buying that particular coin compared to the rest.

 

Could be actual demand as well.

Is that for the bullion version or the collector version?



.

 

Bullion.

I cannot see why Rushmore has more demand than others.

 

Could be hype and marketing that is causing some interest in them or it just could be genuine interest in the design....I don't know....either way, that high demand could even off in a couple of weeks or months.

Older silver stacker videos about this particular coin going viral might influence more demand...who knows....it's all possible.


.