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<p>[QUOTE=&quot;Ra1der5, post: 24556901, member: 146576&quot;]I’m sure this has probably been addressed, but I’m hoping someone can help me understand how/why the cost of bullion markup over spot fluctuates.</p><p><br /></p><p>I understand the cost of gold/sliver per ounce fluctuates with the market.&nbsp; I also understand there is a cost to minting bullion coins. Of course, a coin shop/dealer has overhead and has to make a profit. Okay, all of that is a given.</p><p><br /></p><p>What I don’t understand is why the markup of gold/silver over spot fluctuates so radically. Two weeks ago, my two local coin shops were charging $150 over spot for a one-ounce American Eagle. Maple Leafs were $135 over. On Friday last week, American Eagles were $175 over spot and Maple Leafs were $160 over.</p><p><br /></p><p>Sooo… within the last two weeks, what changed? All of the dealers, internet included, seem to be on the same page in the amount they are charging for markup over spot. The cost of a gold is relatively the same. Gold supply doesn’t seem to be an issue, and if it was, shouldn’t that be reflected in the spot price? Eagles and Maple Leafs seem to be readily available; in fact, I ask for American Eagles with the Roman numerals and they always seem to have them.</p><p><br /></p><p>Could someone please explain what’s going on? Are governments increasing the price to make a profit?[/QUOTE]</p><p><br /></p>

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