By Paul Stramer
The new and much larger minting company has multiple facilities around the country including in Indiana, California and Nevada.
I am now building a relationship with the new company and shortly will be making even more announcements about the improved way we will be doing this business. But for now here are some of the things that are changing for the better for you, our customers.
1. The old 500 ounce minimum order is gone. The new minimum order will be 100 ounces, and that might go down in a few weeks if everything goes well.
2. They will be very competitive in their price structure, and right now we are offering a price plan based on the volume of metal in each order. See below.
3. The shipping will be faster, and the wait time will be less than it was. Each order will be shipped with full insurance. I made my first 3 orders on the 30th of October, and all those orders have arrived here for local customers and our stock. That was a lead time of just 12 days for those orders. I have been told the wait time depends on how often they run the type of round that is ordered. So because the Divisible Prospector Round has been over 90% of our orders and is so popular, we can say without hesitation that even if they only run them once per month, the orders should come within 30 days or sooner. Here is another picture of the new design for that round.
These will be shipped from Indiana or Nevada depending on where the order is going, by UPS Ground, fully insured, and at some point down the road they have said they will put in a stock of this round ahead of demand, so that I will be able to get almost immediate shipment once they receive the funds.
We will still be accepting wire transfers, or cashiers checks like always.
We can only lock an order after we have received the funds. Here is the formula we use to figure your price.
Go to this link on Kitco.com and look up the ask price. https://www.kitco.com/price/precious-metals
It's in the first table on that page.
For a 100 oz. to 199 oz. order, take the ask price and add $3.75 for the strike fee at the mint, and our profit per ounce.
For a 200 oz. to 299 oz. order, take the ask price and add $3.50 for the strike fee at the mint, and our profit per ounce.
For a 300 oz. order and larger, take the ask price and add $3.25 for the strike fee at the mint, and our profit per ounce.
All orders over 300 ounces will be the same $3.25 over spot ask price.
Take that number times the number of ounces (100 or over) and then add $25.00 for each 100 ounce box for shipping.
Once we have your funds we will run this same formula to finalize the price with shipping.
Be sure to call us when you are ready to order so we can answer your questions, and please be sure to include your physical shipping address for UPS.
When you call I will get your email address and send you the bank info for wire transfers and the mailing info for your payment.
If you have any questions here is my contact info,
Office phone 406 889 3183 8 AM to 2 PM and 4PM to 6 PM weekdays.
Cell 406 253 4257 when I am not in the office. Try the Office line first.
pstramer@gmail.com or pstramer@eurekadsl.net
Thanks for your support over the years. We are now open and taking orders.
Paul Stramer
S.A.G
