What is a fair price over spot ?

Discussion in 'Bullion Investing' started by mpcusa, May 7, 2022.

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What do you think is a fair price to pay over spot ?

  1. 25-50

    3 vote(s)
    60.0%

  2. 50-75

    2 vote(s)
    40.0%
Page 3 of 3
  1. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Absolutely....no LCS should be paying under spot, maybe a few dollars if they run an inefficient shop.

    Anything even approaching a 5% discount to spot is obscene. 1% is even high.
     
    GoldFinger1969, Jun 26, 2022
    #41 + Quote Reply
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  3. baseball21

    baseball21 Well-Known Member

    Under spot is okay if you sell at spot with listed buy sell percentages that dont change, but I wouldnt sell to someone underspot there just has to be a better option.

    70% of spot is just a joke though especially for gold. I do agree gold should basically always be at spot though
     
    baseball21, Jun 26, 2022
    #42 + Quote Reply
    GoldFinger1969 likes this.
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Every shop has its own guidelines, if you don’t
    like what your getting there are always other
    shops, I have several, but it’s always a good idea to shop around :)
     
    mpcusa, Jun 26, 2022
    #43 + Quote Reply
    GoldFinger1969 likes this.
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