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<p>[QUOTE="National dealer, post: 8612, member: 487"]Welcome to the forum.</p><p><br /></p><p>Your questions seem straight forward enough. A lot of dealers seem to have issues with newbies, although I must admit I am not aware as to why. Sure they ask a lot of questions, but how does anyone learn without asking. </p><p><br /></p><p>Anyways, it is pretty standard for dealers to sell at an average of $20 above spot. For the purposes of gold, the date and relative condition does not matter. Most bullion pieces have never circulated, and other than a finger print or some other form of mishandling, they aren't bought or sold any cheaper.</p><p><br /></p><p>Dates usually do not make much of a difference. Some dealers have customers that have put date runs together, but this is not the norm. </p><p><br /></p><p>When buying a few ounces at a time, you will be buying over spot. Shopping around for the best price is good. CT is also a good choice. Here in Delaware we share the no sales tax logic. </p><p><br /></p><p>Buying over the internet is fine, but remember that shipping and handling add up quickly. </p><p><br /></p><p>When someone claims to have bought just over spot, they are referring to very close to spot value. I don't know any dealer that does this, in small quantities.</p><p><br /></p><p>If you are going to deal with a coin dealer to buy your gold, make sure they treat you right. If they don't have time to answer your questions, you should not have time to buy their goods.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 8612, member: 487"]Welcome to the forum. Your questions seem straight forward enough. A lot of dealers seem to have issues with newbies, although I must admit I am not aware as to why. Sure they ask a lot of questions, but how does anyone learn without asking. Anyways, it is pretty standard for dealers to sell at an average of $20 above spot. For the purposes of gold, the date and relative condition does not matter. Most bullion pieces have never circulated, and other than a finger print or some other form of mishandling, they aren't bought or sold any cheaper. Dates usually do not make much of a difference. Some dealers have customers that have put date runs together, but this is not the norm. When buying a few ounces at a time, you will be buying over spot. Shopping around for the best price is good. CT is also a good choice. Here in Delaware we share the no sales tax logic. Buying over the internet is fine, but remember that shipping and handling add up quickly. When someone claims to have bought just over spot, they are referring to very close to spot value. I don't know any dealer that does this, in small quantities. If you are going to deal with a coin dealer to buy your gold, make sure they treat you right. If they don't have time to answer your questions, you should not have time to buy their goods.[/QUOTE]
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