The mint is now cutting output to distributers.
AR, is that a gold armrest in your photo? It’s good to be king!Here you go Dew, right from their website:
You receive 100% of the market or spot price on the day your order is completed and ready for settlement.
I have that book and a few others. Love the history.LOL, yeah, my throne. I was the photographer of the gold bars from the SS Central America for the book written by my then boss. Took a minute to take a photo of me with the gold on a pallet. Loooong time ago when I was young.
I reached out to ARA for more info and they responded with,
"We are business to business only."
Emailed MidWest Refineries and they do transactions with the general public.
Just wanted to update everyone as I found this very important!
Check out this recent thread if you want a real life experience with Midwest:
http://metaldetectingforum.com/showthread.php?t=284568
Read through it, sorry you didn't get what you were expecting! Have you found an alternative? I think they may be my best bet, like you my local dealers don't pay nearly enough.
With high premiums involved recently of upwards of $100 over spot or more for instance when purchasing a 1 oz. AGE, could you do better selling on this forum? I know civilian buyers would love to buy gold at spot, including myself.If I did it over again, I would at least give my local people a chance. Perhaps trying to build a relationship.
I also would have lower expectations of Midwest. I thought I was setting the bar low by rounding down, but it seems just going with 85% would have been a better low bar.
I know of no alternatives. With the price of gold up, perhaps some more will pop up?
Then let me ask you this : I have about 7 Cartier 18k " love" rings for sale. I know they're real because they are stamped. Want to buy them ?With high premiums involved recently of upwards of $100 over spot or more for instance when purchasing a 1 oz. AGE, could you do better selling on this forum? I know civilian buyers would love to buy gold at spot, including myself.
I understand exactly what you mean. The buyer must have the means to verify authenticity/purity or they’re just gambling on the purchase.Then let me ask you this : I have about 7 Cartier 18k " love" rings for sale. I know they're real because they are stamped. Want to buy them ?
If I did it over again, I would at least give my local people a chance. Perhaps trying to build a relationship.
Why cash in now?
Fiat currencies around the world will continue to be debased at an accelerating rate.
The rally in gold is just getting started.