Maple Leafs $60 Over Spot - Coin Community Forum

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Author	Replies: 3 / Views: 1,371
wrestling_135 Pillar of the Community United States 802 Posts	Posted 08/23/2011 03:39 am From APMEX, is this a good price? Debating on a buy and sell. They will be semi-hard to sell I think? Isn't silver easier since it isn't as large amount? Thoughts please. Report this Post to the Staff

TheForce Pillar of the Community United States 4870 Posts	Posted 08/23/2011 07:44 am Maples have a crazy low mintage. $60 over spot is not surprising. Take the melt value plus the numismatic value and you've got overpriced bullion. Report this Post to the Staff
wrestling_135 Pillar of the Community United States 802 Posts	Posted 08/23/2011 12:08 pm Thank you Force. You have reaffirmed my decision :) Report this Post to the Staff
hockingzig Pillar of the Community United States 1450 Posts	Posted 08/23/2011 12:22 pm What you need to remember is that premiums are generally a percentage of the spot. I used to get gold for $30 over spot,but spot was $600 so as spot goes up premiums will go up. If you plan on buying 1 ounce gold bullion coins,expect to pay $85-90 premiums. You guys are getting spoiled buying silver but if you look at silver a 5% premium is only $2 and many of you are paying more than that for your silver. At $1900/ounce and a 5% premium you should be paying $1995/ounce. I know that seems outrageous but that is the price you will pay most places. That being said,a one ounce gold Maple Leaf for $59 over spot is a great deal,buy as many as you can afford. Report this Post to the Staff
	Replies: 3 / Views: 1,371

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