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What makes certain bullion worth more then others?
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<p>[QUOTE="desertgem, post: 1783179, member: 15199"]The buyers. Sure, the sellers can ask what price they could hope to get, but the buyers ( you, me, and all others) have to decide if the premium is worth it. You can look at the design ( if any) and think how neat to have a dragon on it, and pay $20 more than bullion price. Secondly, since few who buy bullion can actually determine if they received what they paid for, they are paying a premium for 'apparent' genuine objects by buying names they have heard others mention ( A yodel call to counterfeiters) around the world. If you are buying for the esthetics or for a gift or such, the sellers set the premium high as they are betting on dragon coin lovers. Bars with well known names and reputation go for better than generic rounds or bars from lesser respected.</p><p> </p><p>So , you the buyers, eventually set the premiums by our intensity to buy.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1783179, member: 15199"]The buyers. Sure, the sellers can ask what price they could hope to get, but the buyers ( you, me, and all others) have to decide if the premium is worth it. You can look at the design ( if any) and think how neat to have a dragon on it, and pay $20 more than bullion price. Secondly, since few who buy bullion can actually determine if they received what they paid for, they are paying a premium for 'apparent' genuine objects by buying names they have heard others mention ( A yodel call to counterfeiters) around the world. If you are buying for the esthetics or for a gift or such, the sellers set the premium high as they are betting on dragon coin lovers. Bars with well known names and reputation go for better than generic rounds or bars from lesser respected. So , you the buyers, eventually set the premiums by our intensity to buy.[/QUOTE]
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What makes certain bullion worth more then others?
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