Tag: Premiums
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How to identify a fake krugerrand.
Are there fake krugerrands? : Yes, there are (a lot off) fake Krugerrands. False Krugerrands have been produced and manufactured in China for a number of years. And even non-genuine gold Krugerrands are plagiarized gold rounds not produced by the original manufacturer. It is quite possible to find gold Krugerrands for lower prices through private sales, but there…
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☆ Choosing old coins : high premium on pre-33 gold?
In 2017 and 2018, I recall that you could purchase pre-33 gold coins in decent condition either below the spot price or slightly above it. Does anyone have insight into why the prices have experienced such a dramatic increase, resulting in premiums of 20% to 40%? Additionally, what could be considered a reasonable premium for…
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Could i buy directly from Refineries to get cheaper gold? what you didn’t know.
When considering a gold purchase, individuals typically turn to bullion dealers. These dealers’ price their gold products above the spot price, and this premium can vary widely, ranging from 2% to as much as 20%, depending on factors such as the brand and the type or collection of coins, ingots, or bars being purchased. This…
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Prices dropping but premiums going up.
Did you check current premium rates being observed at your local retail establishments for precious metals? Specifically, the premiums applied to Krugerrand, Maple Leaf, and American Eagle coins are crazy high. It has come to my attention that the present premiums are set at $140 above spot for Krugerrands and $175 above spot for Maple…