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<p>[QUOTE="ddddd, post: 2638596, member: 22377"]Usually if the price is quoted as $10 over spot for a 1/4 oz gold coin, you would take the premium and multiply by 4 to get $40 over spot per oz. </p><p>Some places will say it is $40 over spot per oz, which you would divide by 4 to get $10 over per coin.</p><p><br /></p><p>Most places tend to quote the price as $x over spot per coin since it looks cheaper that way (even though it is not).</p><p><br /></p><p>You should expect to pay a higher premium for a fractional than a full oz. Currently ebay seems to have 1/4 maples at $30-$40 over per coin = $120-$160 over per oz. To me, that is too much of a premium, especially when 1 oz maples go for $15-$35 over per oz. In my experience, a local coin store buys fractionals at only a small premium to full ounce coins. So if they pay spot for the 1 oz, they might give you +$10 for a 1/4 oz = $40 over spot per oz.[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 2638596, member: 22377"]Usually if the price is quoted as $10 over spot for a 1/4 oz gold coin, you would take the premium and multiply by 4 to get $40 over spot per oz. Some places will say it is $40 over spot per oz, which you would divide by 4 to get $10 over per coin. Most places tend to quote the price as $x over spot per coin since it looks cheaper that way (even though it is not). You should expect to pay a higher premium for a fractional than a full oz. Currently ebay seems to have 1/4 maples at $30-$40 over per coin = $120-$160 over per oz. To me, that is too much of a premium, especially when 1 oz maples go for $15-$35 over per oz. In my experience, a local coin store buys fractionals at only a small premium to full ounce coins. So if they pay spot for the 1 oz, they might give you +$10 for a 1/4 oz = $40 over spot per oz.[/QUOTE]
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