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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Premium Over Spot For 1/4 Oz Am. Gold Eagle?

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basebal21
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 Posted 09/01/2012  01:52 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
either way your going to be paying a premium for owning the fractional coin, but come time to sell, the shops pay way above melt for the coin


That may be true for your shop, but thats not true for a lot of shops. Every shop is different for their buy sell prices. I would bet more shops pay below melt than above
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Shirayasha
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 Posted 09/04/2012  04:15 am  Show Profile   Bookmark this reply Add Shirayasha to your friends list Get a Link to this Reply
Its true, not all shops will pay the premium above melt, my old shop did however. however the website of the coin store that I've moved to now says that the bullion coins we bring to them might be worth bullion value!... so they may not pay a premium, but I havent gotten a coin appraised yet from them, so I cant say if they pay a premium or not.
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