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And what is the premium you have to pay for gold coins? And where/how do most people buy gold coins?

2007-11-10 16:00:57 · 7 answers · asked by chiguy 2 in Business & Finance Investing

7 answers

http://www.kitco.com/market/ for prices on gold market

Gold bullion coins (recently minted) will be about 3-10% above that. Smaller coins like 1/10 ounce have a larger markup than 1 ounce coins. Older coins value depends somewhat on their gold content and also on their rarity (how many minted, how many known to still exist) and on their condition (how much wear and tear)

2007-11-10 16:05:01 · answer #1 · answered by don_sv_az 7 · 1 0

index xau or ticker gold will help give you an idea of the trading levels. Most people don't buy gold coins these days, most buy gold by investing in mutual funds that invest in Gold. Research this ADR with the ticker GOLD. I don't own this personally, but many people love it.

2007-11-10 16:20:04 · answer #2 · answered by Michael F 3 · 0 0

Go ask at the "Bank of canada",.. .(not the other banks). or, if you are American, the "Federal Bank" They must take your order if gold coin is available. And they can tell you the rates. I believe it is the face value of the coin, (what it says on the gold piece).

2007-11-10 17:01:09 · answer #3 · answered by zwirm 2 · 0 0

Only reputed jewellers will pay you the market price.

2016-04-03 06:52:40 · answer #4 · answered by Anonymous · 0 0

the news

2007-11-10 16:03:39 · answer #5 · answered by Crystal S 1 · 0 1

go to nymex.com and check out comex gold

2007-11-10 16:15:12 · answer #6 · answered by Greg M 2 · 0 0

http://www.forex-markets.com/quotes.htm

2007-11-10 16:43:45 · answer #7 · answered by jeff410 7 · 0 0

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