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by brokentone 4395 days ago
Saw this a little while back, the novelty is fun, but the prices are really, really high.

Silver spot right now is ~$19/oz and they're selling it for $88, a 360%+ markup (granted this is a coin vs a bar).

Gold spot is ~$1260/oz, and their 1oz is $1367, 8.5% markup, their 10g is $1389/oz, a 10% markup.

If you were interested in gold, you could get from APMEX for $1,336.83/oz credit, or less for cash. Or from a nice man in the diamond district for spot plus $50 cash.

3 comments

The $88 coin must be a special coin and/or in proof condition. They are selling an American Silver Eagle for $27 which is still a huge markup, but not 360%.
Hmm, the picture showed ASEs at $27 which is a touch pricey (single ASEs you can probably pick up for spot + $5-10).
1oz Gold coin on APMEX is $1367,