Why are premiums and buy prices lower on Gold Maple Leafs?

Gazes

It seems that when I buy maple leafs are cheaper and when I sell I get less from them (which is consistent). Just wondering why this is compared to other gold coins?

TwoSides2aCoin

No idea as to why the cost for buying is more, and why when I sell them, I get less.



I think it has something to do with that phenomena : "If you want to make a million dollars with coins, you have to start with two million ".

Barndog

same reason why AGE have a little higher premium on buy and sell?

Jinx86

Because my customers ask for AGE's. I like to inform them on how much more they can get if they do maples. They still buy AGE's.

ebaytrader

Because of reporting requirements for 25+ pieces dealer tend to steer retail buyers away in bigger deals. The same with KRands. Less demand equals lower premium.

Pokermandude

Looking at the mintage figures, since 2011 it looks like there has been more demand for 1 oz gold maples than 1 oz gold eagles. I can't seem to find the 2014 figure anywhere for 1 oz gold maples.

1 oz Gold Maple mintages:
http://www.free-bullion-investment-guide.com/gold_maple_leaf.html

2008....710,718
2009....1,011,235
2010....1,036,832
2011....1,107,974
2012....712,193
2013....1,050,564
2014 ?

1 oz Gold Eagle mintages:
https://en.wikipedia.org/wiki/American_gold_eagle

2008 710,000
2009 1,493,000
2010 1,125,000
2011 857,000
2012 675,000
2013 758,500
2014 425,000

derryb

demand

topstuf

The stupid number of nines.

tneig

I like them and their lower premium and think they are well recognized in the market.

For a personal sale later on, Maples or AGEs, I'd expect the price to be spot. So I'd count on spot or the rarity value to be higher to make up for it.
So if the buy premium is lower when buying the Maples, I'm tickled.

roadrunner

Originally posted by: ebaytrader

Because of reporting requirements for 25+ pieces dealer tend to steer retail buyers away in bigger deals. The same with KRands. Less demand equals lower premium.

According to that source, there's only a 24 hr reporting req for a 1099B sale. You could sell 20 gold Maples every month and not have to file a 1099B.



Reporting requirements