Thanks for posting this, suemarkp. I am checking JMBullion prices about eight hours later and also seeing Eagles just over spot (nice), Maple Leafs about 1.3% below spot and Krugs about 2% under spot. suemarkp, can you please confirm that payment from JMBullion is by bank wire? I assume it is done the same by all major companies. An Apmex rep told me yesterday that they pay by bank wire, so just trying to compare apples to apples.I just checked jmbullion (they have a sell to us page so you can see their buy back prices without having to call). They were offering just over spot for gold eagles and about 1.5% below spot for Krugs. I recommend using the JMBullion shipping label if you sell to them. You will need access to a fed ex counter so you can get a tracking number. They charge you for the label, but it shouldn't be too bad for gold. When I have sold them silver, the shipping has ranged from $25 to $60. The $60 box was rather heavy, but they insure it and it goes by air.Thanks for clarifying, smitcat.
I priced selling to Apmex today and for Eagles they offered 1.1% below spot, for Krugerrands 2.1% below spot and Maple Leafs 1.3% below spot. A local coin dealer told me that depending on quantity and other factors, he would charge between 3% and 9% (ouch!). But he runs a super small shop and probably takes on a lot of risk due to potentially slow turn around times.
To be continued.
It can take JMB a while to process your order. I got an email when they received my box, but it took them 10 days to process it. This is typical when prices go up and they get flooded with people selling.
Helpful to know about possible processing delays, so thanks for adding that.
Statistics: Posted by AlmstRtrd — Tue Jun 11, 2024 4:51 am — Replies 17 — Views 2094