Afternoon everyone….
Today I’m going to share another piece that was purchased at Archangel Coins. They are a local coin shop in Las Vegas, that we all went to during the silvergoldstackers meet up.
As my title states X marks the spot. Well in this case A-Marks the spot…..
Because this is a vintage silver round from A-Mark Precious Metals. It’s a 1985 Liberty Bell round. These vintage rounds and bars are becoming harder to find without paying pretty high premiums.
But because I was buying a bunch of stuff from them he gave me this round for $27. That’s a huge score in my book since they sell regularly on eBay for the $34-$38 range. While I have no intention of selling it. It is nice to know that I have built in value already.
I’m not a huge fan of the company A-Mark precious Metals. Why? Because they are buying up smaller dealers trying to control the market on premiums. They have bought out several dealers outright, and have their hands in numerous others.
Here is a little info on them:
Founded in 1965, A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is a leading fully integrated precious metals platform that offers gold, silver, platinum, and palladium bullion numismatic coins and related products to wholesale and retail customers via a portfolio of channels. The company conducts its operations through five complementary segments: Wholesale Sales & Ancillary Services (includes Logistics and Minting), Direct-to-Consumer, and Secured Lending. The company’s global customer base spans sovereign and private mints, manufacturers and fabricators, refiners, dealers, financial institutions, industrial users, investors, collectors, and e-commerce and other retail customers.
A-Mark’s Direct-to-Consumer segment provides access to a multitude of products through its wholly-owned
subsidiaries, JM Bullion, Goldline, and LPM.
JM Bullion is a leading e-commerce retailer of precious metals and operates seven separately branded, company-owned websites targeting specific niches within the precious metals market: JMBullion.com, ProvidentMetals.com, Silver.com, Gold.com, GoldPrice.org, SilverPrice.org, BGASC.com, and BullionMax.com. JMB also owns CyberMetals.com, an online platform where customers can purchase and sell fractional shares of digital gold, silver, platinum, and palladium bars in a range of denominations.
Now for the round….