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<p>[QUOTE="medoraman, post: 4584356, member: 26302"]I think you need to look at it a little differently. As ounces go up, the premium always goes down per ounce. The premium over spot really is a cost of designing and striking a coin, so per ounce its lower for a 1 ounce coin versus a 1/10th ounce, and cheaper for a 5 ouncer versus a 1 ouncer. It is this way when you buy it, and the same when you sell it.</p><p><br /></p><p>The "trick" is to buy at a lower than normal premium, (then where you think gold is going blah blah blah). I love my local dealer, (no, not saying his name), who sells me stuff walking in the door like 1/10 and 1/20th ouncers at spot. I do well with those, since I know when I sell I can expect better for premiums, (not that I really sell). If I have to buy at normal premiums, I stick with 1 ouncers, or other "normal" sizes like European gold, Mexican 50 pesos, etc.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4584356, member: 26302"]I think you need to look at it a little differently. As ounces go up, the premium always goes down per ounce. The premium over spot really is a cost of designing and striking a coin, so per ounce its lower for a 1 ounce coin versus a 1/10th ounce, and cheaper for a 5 ouncer versus a 1 ouncer. It is this way when you buy it, and the same when you sell it. The "trick" is to buy at a lower than normal premium, (then where you think gold is going blah blah blah). I love my local dealer, (no, not saying his name), who sells me stuff walking in the door like 1/10 and 1/20th ouncers at spot. I do well with those, since I know when I sell I can expect better for premiums, (not that I really sell). If I have to buy at normal premiums, I stick with 1 ouncers, or other "normal" sizes like European gold, Mexican 50 pesos, etc.[/QUOTE]
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