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How Can You Make Money Selling Gold And Platinum Coins

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Pillar of the Community
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United States
3343 Posts
 Posted 10/06/2025  3:05 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I sold two coins glenmorenee. One was a 1/2 oz from a year ago and was up 70%. The other was a Saint from four months ago and was up 15%. In the aggregate I was up 25% over my purchase prices, after the 5% dealer premium.

I didn't really care about the premium, or what spot prices were when I made the purchases. The important thing was being up $1100, which I banked and used to buy a watch, which is supposed to arrive this afternoon. I could have made more if I had waited until today, but I don't care about that either. Holding a year for that kind of gain is pretty close to flipping.

Both purchases were APMEX. The spot on the 1/2 oz was $1956. Spot on the Saint was $3052.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
10/06/2025 3:09 pm
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