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<p>[QUOTE=&quot;fatima, post: 1050204, member: 22143&quot;]The spot price and/or futures (Comex) price is for 5000 ounces.&nbsp;&nbsp; For gold it&#039;s 100 ounces.&nbsp; &nbsp; It&#039;s not the price for the amount of PM found in single coins.&nbsp; Buyers for less than this amount can usually expect to pay a premium over this amount.&nbsp; The smaller the amount, the larger (percentage wise) the premium.</p><p><br /></p><p>Take a 100 ounce gold bar and split it into 100 gold eagles (or any coin).&nbsp; There is the production cost to create the blanks, ship them to the mint, the coining process, cost to ship them to dealers, selling costs, and profits for all in between.&nbsp; This is offset, somewhat, of course, by the fact the market of able buyers for a 1 ounce coin is a lot larger than one for say 100 or 5000 ounces.&nbsp; &nbsp; However the generally quoted prices that you see is for the large bars and anything else smaller has these issues to add/subtract from the pricing.</p><p><br /></p><p>------------------------</p><p><br /></p><p>The $30 silver barrier will be breached if Comex buyers can continue to overcome the massive shorts being placed onto this exchange.&nbsp; Some say there isn&#039;t enough silver to cover all this paper.&nbsp;&nbsp; </p><p><br /></p><p>All I can say is that I ordered some silver quarter proof sets from the US Mint a few weeks ago.&nbsp; They have acknowledged the order, said the coins are reserved and in stock, but I have no coins and no idea when they will be shipped.&nbsp; Usually the Mint either ships or cancels the order.[/QUOTE]</p><p><br /></p>

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