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<p>[QUOTE="jenkinscody21, post: 805349, member: 23194"]The premiums are more. There are 4 dealers that can buy directly from the mint. They were getting it a 3-4% over spot and we usually charge customers 4-6% over spot to make a profit. However, the mint has been charging a huge premium to those dealers over the last few months (10-16%) and thus we have to markup our coins to clients to make our profit. That explains why you are paying a higher premium.[/QUOTE]</p><p><br /></p>
[QUOTE="jenkinscody21, post: 805349, member: 23194"]The premiums are more. There are 4 dealers that can buy directly from the mint. They were getting it a 3-4% over spot and we usually charge customers 4-6% over spot to make a profit. However, the mint has been charging a huge premium to those dealers over the last few months (10-16%) and thus we have to markup our coins to clients to make our profit. That explains why you are paying a higher premium.[/QUOTE]
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