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What does a Dealer Pay for a Roll of 2007 Silver Eagles

Started by jgrinz,

4 posts in this topic

jgrinz

jgrinz

Posted
Posted

Just curious when a dealer buys Mondo Box of Silver Eagles what his Actual cost is per Roll. Is a percentage over Spot ???

 

Just curious if the Roll I got for my "Complete ASE Roll Collection" is a good deal or not. $295 delivered ???

 

m

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DC Dawg

DC Dawg

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Posted

Silver spot price is $13.05 as I type this. For 20 1 ounce coins, it is $261. $295 "delivered" is $34 over spot or 13% over spot with shipping. Estimate $7 for shipping (with insurance), that is $27 over spot or 10.3% over spot.

 

IMHO, below 15% over spot price is a good deal. But 13% over spot with shipping is a great deal. If you don't buy it, give me the contact information for the dealer and I will buy the roll!

 

Scott hi.gif

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Conder101

Conder101

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Posted

If Silver Spot is $13.05, the major distributors that buy directly from the mint are having to pay $14.30 or $286 a roll plus shipping. (I have no idea what the shipping is on a 50,000 oz minnimum order) If they make twenty five cents a coin profit (< 2%) that makes the rolls $291. You got yours for $295 delivered. Doesn't sound like a bad deal to me. Especially since you probably didn't get them from a primary distributor.

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