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<p>[QUOTE="ToughCOINS, post: 26111292, member: 20480"]I can't claim to explain your observation across the marketplace, but how I compensate for increases in spot might provide some insight . . . </p><p><br /></p><p>When I've observed significant moves in gold, I've lazily bumped the prices of my gold inventory every time the spot has crossed the next $100 level. For example, when spot moved past $2500, I bumped the prices I'd previously set when gold was at $2400, increasing the price of a Double Eagle by $100, adding $25 to a Half Eagle, and so on. This saves me a lot of time that would otherwise be spent looking up each date individually. I have neither the staff nor the time to do that.</p><p><br /></p><p>What this means, of course, is that the new price increases only account for the absolute increase in intrinsic value, and do not preserve the percentage of markup over melt. Over time, and especially over numerous increases in spot, the percentage markup over melt dwindles. </p><p><br /></p><p>Like I wrote before, I can't claim that's what you're seeing in other cases, but I suspect that may be the case in at least some of them.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 26111292, member: 20480"]I can't claim to explain your observation across the marketplace, but how I compensate for increases in spot might provide some insight . . . When I've observed significant moves in gold, I've lazily bumped the prices of my gold inventory every time the spot has crossed the next $100 level. For example, when spot moved past $2500, I bumped the prices I'd previously set when gold was at $2400, increasing the price of a Double Eagle by $100, adding $25 to a Half Eagle, and so on. This saves me a lot of time that would otherwise be spent looking up each date individually. I have neither the staff nor the time to do that. What this means, of course, is that the new price increases only account for the absolute increase in intrinsic value, and do not preserve the percentage of markup over melt. Over time, and especially over numerous increases in spot, the percentage markup over melt dwindles. Like I wrote before, I can't claim that's what you're seeing in other cases, but I suspect that may be the case in at least some of them.[/QUOTE]
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