$100 Premium On A One Ounce Gold Eagle!?

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Author	Replies: 6 / Views: 1,657
TMCD75 Valued Member United States 245 Posts	Posted 01/28/2017 11:19 pm I bought a one ounce gold eagle, BU, and I paid $1285. Gold was at $1185 when I bought it Thursday morning. Is this a normal premium for these coins? Wow, it's hard to make any money on bullion with such a huge premium. Report this Post to the Staff

coin197 Pillar of the Community United States 1964 Posts	Posted 01/28/2017 11:26 pm That is too high of a premium. Report this Post to the Staff
Debrajc Pillar of the Community United States 4211 Posts	Posted 01/29/2017 01:04 am Today for 1oz. AGE 2017.... ampex: check / wire price $1,262.99 credit card / paypal price $1,315.61 mcm: $1,240.82 $1,278.54 Report this Post to the Staff
fistfulladirt Pillar of the Community United States 4333 Posts	Posted 01/29/2017 02:52 am $50 premium is what I'd expect to pay. When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72 Report this Post to the Staff
TMCD75 Valued Member United States 245 Posts	Posted 01/29/2017 1:48 pm I bought this coin from a brick and mortar coin shop. I will start doing the majority of my business online. It makes sense, at least to me, that a brick and mortar shop would naturally need a bigger premium to cover their overhead. Report this Post to the Staff
fistfulladirt Pillar of the Community United States 4333 Posts	Posted 01/29/2017 6:17 pm When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72 Report this Post to the Staff
aghawk Valued Member Canada 343 Posts	Posted 01/29/2017 9:02 pm Yes, they need a bigger premium but if you are able to get to know the owner then maybe you can cut a better deal. That being said buying physical gold or silver is not necessarily about making a quick profit - especially over the past few years. Think of it more as a hedge against inflation or currency collapse. Report this Post to the Staff
	Replies: 6 / Views: 1,657

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