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Any Premium When Selling Slabbed Generic Gold Coins?

 
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Author Previous TopicReplies: 4 / Views: 359Next Topic  
New Member

United States
43 Posts
 Posted 11/17/2020  5:16 pm Show Profile   Bookmark this topic Add glenmorenee to your friends list Get a Link to this Message
Do LCS or the big online dealers pay any premium for slabbed coins, i.e. a generic MS67 gold Krugerrand?
Pillar of the Community
United States
955 Posts
 Posted 11/17/2020  6:26 pm  Show Profile   Bookmark this reply Add MOS0239 to your friends list Get a Link to this Reply
No premium if they want to make a profit when they re-sell it.
Pillar of the Community
United States
9547 Posts
 Posted 11/17/2020  9:22 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
The short answer is no.
ANA #R3154474
Pillar of the Community
Canada
3951 Posts
 Posted 11/18/2020  05:19 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
My LCS would not pay a premium. The simple reason is that nobody will pay them a premium; a lot of the larger size gold ends up at the refiner.
Valued Member
United States
343 Posts
 Posted 11/23/2020  08:50 am  Show Profile   Check beem's eBay Listings Bookmark this reply Add beem to your friends list Get a Link to this Reply
The idea of slabbing bullion never ceases to amaze me.
  Previous TopicReplies: 4 / Views: 359Next Topic  
 
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