View Full Version : Premiums on Gold and Silver? Please share
american.swan
05-22-2008, 02:54 AM
What are the premiums you pay for gold and silver?
I am looking to buy some and the premium seems WAY too high.
american.swan
05-22-2008, 02:56 AM
Sorry to respond to myself.
I wonder if the premium is so high because demand is so low where I am so the "minters" don't sell enough to make a basic living here in South Korea.
I am actively looking for a gold supplier here.
Mister Grieves
05-22-2008, 10:25 AM
My source for silver is my local coin dealer.
They charge $.50 over whatever the spot price for it happens to be at the time. They also buy it back at $.50 under spot when selling to them.
brandon
05-22-2008, 10:26 AM
I buy junk silver and can usually get it at a few cents below spot.
I go to my local coin shop
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