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What's a fair price for a 1/10 oz AGE?

PerryHallPerryHall Posts: 45,438 ✭✭✭✭✭
I have a friend who wants to sell me a few 1/10 oz AGE's of various dates and I want to pay him a fair price but not full retail. What are dealers paying for 1/10 oz AGE's? Do any dates carry a premium over the generic dates? Thanks for any help.

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    OPAOPA Posts: 17,104 ✭✭✭✭✭
    The US Mint charges the "Authorized Purchasers" ...9% above spot. (That is the lowest premium you are going to find)...Now the Authorized Purchasers sell them to bullion Dealers, I would guess at 20% above spot. As such, I would say paying no more than 20% above spot, is a good price.US Mint
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    PerryHallPerryHall Posts: 45,438 ✭✭✭✭✭
    What are dealers that buy/sell bullion paying for 1/10 oz AGE's? Do they normally pay 9% over melt for these coins?

    Worry is the interest you pay on a debt you may not owe.

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    JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    buy prices are around $122 and sell prices at around $137 from volume dealers with gold @ $1090. MJ
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    PerryHallPerryHall Posts: 45,438 ✭✭✭✭✭


    << <i>buy prices are around $122 and sell prices at around $137 from volume dealers with gold @ $1090. MJ
    CNI quote >>



    Thanks. That's what I was looking for.

    Worry is the interest you pay on a debt you may not owe.

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    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>

    << <i>buy prices are around $122 and sell prices at around $137 from volume dealers with gold @ $1090. MJ
    CNI quote >>



    Thanks. That's what I was looking for. >>



    In order to lock in that price, "minimum bullion order is $2000" .... & I suspect that does not include the 2009 1/10th ozers.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    BBNBBN Posts: 3,761 ✭✭✭
    Curious to know who does the mint consider "authorized" to buy bulk silver and gold?

    *edit* nevermind. read the link. Why do they set these guidelines? To prevent massive hoarding?

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