Royal Mint Bullion Prices

[Scotty1511]

When I am purchasing Proof or commemorative coins I usually purchase direct from Royal Mint Website, however when it comes to Bullion, the prices on the Royal Mint Bullion site are always higher than any other Website, this usually means I always end up at Apmex when purchasing Royal Mint Bullion. Just wondering what am I missing, why is it cheaper to purchase from America rather than from the direct supplier.

(international buyer so VAT is not included either way)

 

[fiveshotdon]

I imagine RMB have to allow their distributors to compete, if they were to undercut the distributors they wouldn't want to stock anything.

I prefer buying direct from RMB if the price difference is not too much. You receive very good customer service and peace of mind.

RMB are very good if your coin arrives with quality issues, they will pay for return postage and they will send you out a replacement with no issues, I have found most other online dealers will give you the standard response "it's bullion", which I don't agree with if you have paid a higher premium for a coin such as a queens beast. I have received them with multiple red spots and harsh dings in the past which RMB have replaced no quibbles.

RMB also provide rather nice screwtop capsules which can cost around £5 each to pickup on the secondary market. I have recently however noticed the capsules are no longer screwtop but still very good quality so there is the added benefit of that.

If you just throw your coins in a pile and like to swim in them like Scrooge McDuck just get them wherever is cheapest.

[Coolsmp]

dealers buy in bulk so the price is cheaper so inturn they pass this onto the customer.