Queens beast 2oz silver coins - crazy pricing on apmex

[Pampfan]

Just looked at apmex website - prices are crazy for 2 oz queens beast griffin — $133.58 per coin, lion @ 73.58 per coin if you buy 20+.

Whats going on ???

 

[Pampfan]

Looking at mintage - they only mad 180,000 of em. LOL

[KDave]

Another one of those extraordinary popular delusions from the madness of crowds. Hype and gouge. You know how it is. 

What is the buy back price on them might be a good time to abuse the dealers greed and even out the karma. 

[AllThingsShiny]

The Griffin is currently 38 pound on the royal mint bullion website. Buy buy buy

[RoughDog]

I just received mine from royal mint today.  They look perfect to me, amazing and the capsules are top notch perfect fit.  Not even the slightest rattle.  Very happy with mine.

Makes me wish I would of purchased the whole set from RM.

[Pete]

I could never figure out APMEX pricing.

Sometimes they are cheap compared to other sources but often some coins are ridiculously overpriced.
Always need to do a bit of research but just because APMEX list a coin for "X" doesn't necessarily mean it is worth that amount.

[Ritvaser]

shadowstack made a piece on this, something about increasing the price for each coin relative to their stock. If one would want to take advantage of that, I suppose sell when the price is just too high at apmex. Sooner then later. In this case the mintage is a thing that I didn't know about

[StackerNoob]

Just checked out coininvest and the lion is going for over £90 now! What has happened?!?

[PuraPlataPura]

That is quite a premium! I was able to get one at $45 at the beginning of the year on Bullion Exchanges on eBay... if I know they were going to shoot up like that I would have bought a couple of tubes.

[KevjustKev]

A lot of companies, of any kind, will price very high just so they can say reduced in a week or so. The might sell X at $133, which is very nice for them. However if they have a sale at $105(?) they will rake in a good amount because some people are stew pid.