Maple Leafs $60 Over Spot

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.

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.