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<p>[QUOTE=&quot;dave92029, post: 997153, member: 26916&quot;]I noticed the announcement by the Mint that the 2010 Proof Gold coins go on sale on Oct.7, so naturally I began to consider what I want / could afford to put in my shopping cart.</p><p><br /></p><p>I&#039;m guessing that Gold will be over $1300/oz by Oct. 7 based on recent price action so i went to the Mint&#039;s pricing matrix for Proof Eagles @ $1300 - $1349 range. The 1/10 oz coin on the chart should sell for $180.50 each, which is a premium of $480 (36.2%) over the Matrix&#039;s average Spot price of $1325. </p><p><br /></p><p>Silly question but is a Proof Eagle really &quot;worth a 36% premium? That&#039;s a lot of Appreciation to front load, causing a long wait for breakeven. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p><br /></p><p>By comparison the American Silver Eagle Bullion coin is priced at Spot +$1.50 = 7.5% to manufacture and stamp the coin so the Gold Eagle proofs are priced with almost a 29% premium of the Silver Eagle Bullion coins.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>These percentages may have been fair and reasonable when Gold was $500/oz but are they still reasonable at $1325/oz?&nbsp; :hail:</p><p><br /></p><p>Is this a standard premium charged by most Mints around the world? Shouldn&#039;t the premiums be a flat $ amount and not a percentage?</p><p><br /></p><p>Thanks</p><p><br /></p><p>Here is my math:</p><p><br /></p><p>Mint sales price = $180.50 x10 = equivalent price / oz.&nbsp; of $1805.</p><p><br /></p><p>Matrix @ $1300-$1349 = average Spot price of&nbsp; $1,325</p><p><br /></p><p>Mints premium is sales price /oz - Matrix Aver.&nbsp; $1,805 - $1325 = $480 premium</p><p><br /></p><p>Premium % = $480 / $1,325&nbsp; =36.2%[/QUOTE]</p><p><br /></p>

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