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<p>[QUOTE=&quot;krispy, post: 2023562, member: 19065&quot;]It differs between bullion dealers and other sellers. You will see for example the given constantly fluctuating spot price in the markets. These prices are based on price per ounce of large 1000 oz Comex bars generally. Prices are displayed with a buy and sell per ounce cost. Dealers use this to set their prices for buy/sell to make a profit for carrying the product for customers who pay a bit more than they did.</p><p><br /></p><p>Premiums vary based on how much you buy from some dealers. Let&#039;s say one ounce of silver costs you more to purchase than a roll of 20 silver 1 ounce coins. The more you buy the lower the price (premium) you&#039;ll pay.</p><p><br /></p><p>Many people want to own gold but the smallest fractional bullion (bars or coins) carry the highest premiums compared to buying a full ounce. In recent years bars of 1 - 10 grams of gold have become readily available and 1/20th of an ounce units are also being marketed, but they carry high premiums and are usually poor returns on investment. Most advice points to saving your money and buying government issued bullion in full 1 ounce or larger amounts.</p><p><br /></p><p>You can learn about these premiums just by monitoring prices and comparing dealers and then comparing prices for the same products they sell.</p><p><br /></p><p>Also, don&#039;t be swayed too much by the premiums placed on bullion of earlier dates. Some bullion dealers online really increase prices on bullion issued a few years prior just because they can and suggest that they haven&#039;t much of it to sell, but its not really always something of the kind of rarity that would command a premium for you if you were to resell it yourself. Of course, sometimes there is a rarity issue, but when investing in bullion that is not a major concern and debatable if bullion is collectible/rare or worthy of any such premium. A 2014 Silver Eagle is for all intents and purposes the same as one stamped in the 1980s, for bullion issues.</p><p><br /></p><p>There are a lot of competing factors in the bullion trade, especially these days, marketing all sorts of sizes and gimmicky series of issues to maintain these robust sales periods they are enjoying, but be careful of what you are paying, especially if just investing for wealth preservation, for they may not reward you as much as more generic pieces would.</p><p><br /></p><p>I&#039;m sure I haven&#039;t covered everything and only generally at that, but others may fill you in with other areas and advice as you raise questions about this topic.[/QUOTE]</p><p><br /></p>

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