On a slabbed coin let's say a $10 gold liberty. Does anyone have some idea of what the mark up is? Thank you MG
The short answer is 1% to 25% but that's not very illuminating, is it? So, a couple of examples: I assume you mean the US coins minted between 1795 and 1907 and further assume you mean bullion-level dates. So, here are the CDN Greysheet and CPG Retail price guide numbers. Greysheet purports to be dealer-to-dealer wholesale price and Retail is, well, Retail. 1901-S as a typical common date at MS-64 Greysheet - $1,700 CPG - $2,120 The markup would be $420 or 24.7% or wholesale. Change anything in the example above and the markup changes. And it's not a real markup example anyway because you can often find bullion-level, circulated-grade, pre-1933 LH Eagles at not far above spot gold price. Gold at $2,030 per ounce. LH Eagle has 0.48375 ounces of pure gold. The gold value of a LH Eagle is $982. So, if you're not interested in a high grade and a sorta worn, sorta junky coin will serve and especially if it's raw, you can probably easily find one for about $1050 to $1100. In this second example the markup is $100 on a $982 gold value which is about 10%. So, the answer to your question is "It depends". Maybe if you narrowed the question a bit and provided your motivation for the question, folks here could answer mo bettah. It would be useful if you defined what you mean by "markup".
