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Is the premium over spot higher on this coin than those of other countries ? It is just bullion so sales need to be tight to spot and I suppose after a time , high spot prices could limit sales too . Once people have purchased what they intend .
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Sometimes when I am checking spot price on Wed & Fri mornings I see ads on Kitco offerering bars at 11 FRN's over spot . The Grey Sheet lists the Eagle premium at 25 over spot . I thought maybe people were buying other forms . Mostly I deal with older coins although the 1/10 oz and 1/4 oz bullion coins seems to sell very well .
Personally , I would not be loading up on paper gold , but that could just be me .
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