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<p>[QUOTE=&quot;RaceBannon, post: 1250749, member: 25357&quot;]It depends on the dealer, the coins involved, and the market conditions.&nbsp; I went into my local B&amp;M the other day when gold was around $1830.&nbsp; I asked what he was paying that day for Krugerrands.&nbsp; His answer; 92% of spot, it worked out to be around $1684 per coin or so, seemed like a little to much of a cut for me.&nbsp;&nbsp; </p><p><br /></p><p>Most of the time he pays 95% of spot for Krugerrands.&nbsp; But since the spot price had shot up $60-70 in the previous couple of days, he was increasing his margin to protect himself from a big drop on the backside.&nbsp; In a market like this, with the kind of dramatic swings we&#039;ve seen recently in PMs, the dealer&#039;s have to protect themselves too.[/QUOTE]</p><p><br /></p>

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