Best precious metals company is Peter Schiff's Euro Pacific Precious Metals!

[erowe1]

That helps. $2.70 an ounce is almost ten percent at $28.50 an ounce- current spot price. (9.5% actually). So shipping would be the same as APMEX but markup is nearly double.

Markup at APMEX for 110 Canadian Silver Eagles is at $3.09/oz.

 

[Zippyjuan]

For $2.70 to be 3.8% over spot the spot price would have had to be $44.74 an ounce.

(re-checking my math- brain not working that good at the moment).

I was very low. $2.70 is actually 3.8% of $71 an ounce. Sorry about that.

 

[Zippyjuan]

Markup at APMEX for 110 Canadian Silver Eagles is at $3.09/oz.

Thank you for checking their numbers. I was trying to calculate using the figure from the article I found. Sounds like transaction costs may be pretty similar based on that. So pretty comparable after all.

 

[Zippyjuan]

I bought when silver was over $30 an ounce

I see. So let's say $30 an ounce plus the $2.70. That would be $32.70 or $3,597 for 110 units. Yeah, a "shade' over $3000. Plus shipping.

 

[Socki75]

Another thing is there isnt a set price. You can actually haggle with them to see if you can get better prices. I truly urge you to give them a call.

 

[cubical]

Gainesville has always been the cheapest when I compare. Interesting to see Schiff's prices are low as well.

 

[Socki75]

Absolutely. They beat Gainesville prices I was shocked about that!

 

[Zippyjuan]

Gainesville has always been the cheapest when I compare. Interesting to see Schiff's prices are low as well.

Looks like they are $2.47 over spot on Maple Leafs (wire payment- $3.33 credit). $2.17 in units of 25 (3.08 credit). http://www.gainesvillecoins.com/category/778/2013-canadian-silver-coins.aspx

 

[Socki75]

Like I said Zippyjuan, if you are interested in comparing prices give them a call tomorrow. Hear it straight from them.

 

[Zippyjuan]

Just my opinion (nobody knows for sure) but I think metals have peaked for now. But I do now agree that prices seem competitive (I do think his mutual funds are too pricey but again- just my opinion).

 

[psi2941]

Like I said Zippyjuan, if you are interested in comparing prices give them a call tomorrow. Hear it straight from them.

don't get me wrong we love peter schiff here. we feel he is right on the money when it comes to future of america. however for what he offers, his rates and fees are generally high.

 

[Socki75]

How do you know that?

 

[jbauer]

I would love to work for a company like Europac. The only type of financial institutions I'd feel good about working for is helping others escape the dollar.

EDIT: Also to the OP, your first post needs paragraphs. Hard to read. Thanks for the info regardless. Good to know.

Investing local currency in forginen companies does nothing for you if the dollar colapses. What don't people get about that?

 

[Zippyjuan]

We can definately say his rates and fees on his mutual funds are high since those fees are required to be posted (the 4.5% sales load plus his expense ratios) but you are right- we don't know if he is higher or lower on metals since we can't get answers as to what he actually charges. We were given the figure of $2.70 fee for 110 Silver Maples but were told that was a 3.8% mark up (which would have been true if silver was $71 an ounce) and that you paid "just over" $3000 for the 110 coins at what you said was "over $30 an ounce" which would actually put the cost closer to $4000 than $3000 plus general claims that he beats the price everybody else charges. Sorry to seem negative, but the numbers offered so far simply aren't adding up and that makes me skeptical that they are actually lower. So yes- we don't know if he is cheaper or not on his bullion sales. This thread is sounding like a big sales pitch. "Call them up and see!" My appoligies if this is not true.

 

[Socki75]

I'm not selling anything. I was just making people aware that there is a great precious company that can beat all of their competitors on pricing, plus its Peter's company. A win win. You can use their live chat on their website as well if you dont want to call. They told me they quote that way as well.

 

[erowe1]

We were given the figure of $2.70 fee for 110 Silver Maples but were told that was a 3.8% mark up (which would have been true if silver was $71 an ounce)

He didn't actually say 3.8%, just 3.8. I think he might have meant that, when you include the cost of shipping and insurance, it came out to $3.80/oz. over spot.

 

[cubical]

We can definately say his rates and fees on his mutual funds are high since those fees are required to be posted (the 4.5% sales load plus his expense ratios) but you are right- we don't know if he is higher or lower on metals since we can't get answers as to what he actually charges. We were given the figure of $2.70 fee for 110 Silver Maples but were told that was a 3.8% mark up (which would have been true if silver was $71 an ounce) and that you paid "just over" $3000 for the 110 coins at what you said was "over $30 an ounce" which would actually put the cost closer to $4000 than $3000 plus general claims that he beats the price everybody else charges. Sorry to seem negative, but the numbers offered so far simply aren't adding up and that makes me skeptical that they are actually lower. So yes- we don't know if he is cheaper or not on his bullion sales. This thread is sounding like a big sales pitch. "Call them up and see!" My appoligies if this is not true.

The markup is not over spot price. Markup is over their purchase price(usually from the US Mint).