To make an informed decision when buying bullion gold coins or even collecting ancient coins, a gold investor should be aware of the precious metal actual cost per ounce.
Gold bullion coins will trade at a slightly higher premium over the current spot price of gold because they are charged a fabrication fee by the sovereign governments that mint them. The spot price of gold is based on 1oz ounce of. 999 fine gold bars. The gold bullion coins that range from 1/10 oz to 100 ounces often trade at premiums between 3.5% to 15% over the spot price, based on the size as well as the coin itself (for example, 1 full ounce, ½, 14/ or 1/10), and the amount that is being purchased.
Gold bullion coins will trade at a slightly higher premium over the current spot price of gold because they are charged a fabrication fee by the sovereign governments that mint them. The spot price of gold is based on 1oz ounce of. 999 fine gold bars. The gold bullion coins that range from 1/10 oz to 100 ounces often trade at premiums between 3.5% to 15% over the spot price, based on the size as well as the coin itself (for example, 1 full ounce, ½, 14/ or 1/10), and the amount that is being purchased.
Many major dealers in gold bullion may also sell ancient silver coins. They also may deal in a one-ounce gold single American Eagle gold coin at a value that is around four to five percent higher than the current spot or melt value (and are involved in collecting US coins from customers at a rate that is around two percent lesser than the price they will sell at.) Some of the popular gold bullion are the American Eagles, British Sovereigns, Swiss Francs and French Francs.
See more information about collecting US coins, please visit website at: http://capstonecoins.com/
0 comments:
Post a Comment