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How do precious metal companies like apmex make money? Is a lot of it from numismatic coins? Or is it done by volume? If so, how many people are buying that much gold/silver? I mean if spot is say $17...
May 11, 2026
How do precious metal companies like apmex make money? Is a lot of it from numismatic coins? Or is it done by volume?
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If so, how many people are buying that much gold/silver? I mean if spot is say $1700 and they're selling it at $1740, that's a very low profit margin. You'd have to move $100k+ per day to make good money. **edit, well I just read a report from two years ago that apmex does ...