Price For 1/10oz Gold - Coin Community Forum

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Author	Replies: 7 / Views: 1,205
SA4H Pillar of the Community United States 2764 Posts	Posted 10/31/2011 2:15 pm What's the current market price for a 1/10 oz gold coin? I have someone locally that's selling 3x for $185/ea. That's like $20/coin premium over spot. What do you guys think? Is it a good buy? I am talking to him and hopping he will come down on the price a little bit. Report this Post to the Staff

mkfarm Pillar of the Community United States 667 Posts	Posted 10/31/2011 2:23 pm The true gold spot value at this time is $172. Anytime you can buy the 1/10 for under a $20 premium it is a good value. The average premium you should expect would be between $30 & $40 dollars. Normally the 1/10th is the most expensive gold to buy because of the premium. Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 10/31/2011 3:55 pm I am guessing this is the AGE 1/10 you are referring to and the price doesn't seem to bad to me. I remember a few years ago I bought a few 1/10 AGE's for 80 bucks a piece and my ex-wife thought I was crazy. We even made two of them into a pendant for myself and her to wear on our necklace everyday Report this Post to the Staff
D0ubl3Eagle Pillar of the Community United States 5854 Posts	Posted 10/31/2011 5:10 pm That does not sound like a bad price. Generic dates seem to be selling on ebay for more or less $200. Report this Post to the Staff
Darth Anarchus Pillar of the Community United States 1388 Posts	Posted 10/31/2011 5:41 pm sounds like a good price as long as it's not an older very worn piece... Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 10/31/2011 7:05 pm Quote: That's like $20/coin premium over spot. Yes, it is. It's also $200 per oz. premium. That seems a little high to me but then I'm not a gold buyer so know nothing about it. Report this Post to the Staff
cwb1877 Pillar of the Community United States 1659 Posts	Posted 10/31/2011 8:41 pm It sounds like a pretty reasonable price to me. They typically go for more than that on ebay. Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 10/31/2011 11:32 pm Like cwb said above, on ebay they are going just over 200, so I would jump on that, if you can't get a better deal.... Report this Post to the Staff
	Replies: 7 / Views: 1,205

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