Current Coin Shop Premiums

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Pablo
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Current Coin Shop Premiums

Based upon your coin shop reports and my own weekly experiences I will attempt to compile a list of premiums on different coins, and whether premiums are trending up or trending down.

Updated for the week of: 09/05/2011

Note: the coin shop prices are the average of my three coin shops in this area. The online prices are the lowest premiums found among the current forum-favorite online vendors. NOTE: Tulving has a 500 oz minimum order on silver and 5oz minimum on gold.

Gold - Coin Shop

  • American Eagle - $95 over spot
  • Krugerand - $85 over spot
  • Canadian Maple Leaf - $85 over spot
  • Austrian Philharmonic - $50 over spot

Silver - Coin Shop

  • American Silver Eagle - $4.00
  • Canadian Maple Leaf - $4.00 
  • Austrian Philharmonic - $4.00
  • Mexican Libertad - $4.00
  • Englehard Prospector - $3.00
  • Generic 1 oz - $1.00
  • Occasion 1 oz - $3.00

online prices are not been updated in a while, sorry

Gold - Online

  • American Eagle - $57 (tulving - 5oz min.)
  • American Buffalo - $60 (tulving)
  • Krugerrand - $20 (tulving)
  • Canadian Maple Leaf - $48 (gainesvillecoins); $40 (tulving)
  • Austrian Philharmonic - $35 (tulving)
  • Australian Kangaroo - $35 (tulving)
  •  

Silver - Online

  • American Silver Eagle - $4.00 (gainesvillecoins); $2.99 (tulving - 500 oz min)
  • Canadian Maple Leaf - $2.89 (gainesvillecoins); $2.49 (tulving)
  • Austrian Philharmonic - $2.70 (gainesvillecoins); 
  • Buffalo Rounds - $1 (gainesvillecoins)
Edited by admin on 11/08/2014 - 05:13
Pablo
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Current Premiums

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jackmeoff
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Try your local coin shows.

Here in Ga. I am getting silver rounds at .30 over spot, gold eagles at 50 over, all other gold 1 oz for 25 over. If you live in the area I can give you the coin show info. It is only once a month but there are great prices and a good bit of dealers.

BobDylanKissedMyMom
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Great idea Pablo! Do you know

Great idea Pablo!

Do you know of any other efforts to track premiums on gold and silver bullion?

With all of the talk of a divergence between the value of paper gold/silver and physical this will be a great way to measure if it is actually happening.

It would be interesting to hear reports of private party transactions too.

LVStrapped
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Love it Pablo!!!

I almost do all of my dealings with coins shops exclusively (very little online).  I will try my best to get sum prices out there so people know what's up. This weekend: KY

$45 2011 Eagles

Mixed Silver Eagles Asking $4.50over taking $3.50over         

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Pablo
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Premiums dropped this week

Premiums at the coin shop dropped an average of 15% this week. Premiums are now at a low of $1.75 for generic 1oz.

Pablo
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Premiums heading back up

Premiums are heading back up and so is the foot traffic at the coin shops.

General consensus among them is that the train might be getting ready to pull out of the station...

Dr Durden
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Please add minimum amount

Please add minimum amount needed to buy to get the low premium at Tulving, otherwise it's completely inaccurate/misleading.

Just go to goldshark.com for a quick look at online stores.

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silversalmon
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Pass on the info.

Pass on the info. Thanks.

jackmeoff wrote:

Here in Ga. I am getting silver rounds at .30 over spot, gold eagles at 50 over, all other gold 1 oz for 25 over. If you live in the area I can give you the coin show info. It is only once a month but there are great prices and a good bit of dealers.

Violent Rhetoric
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Thanks for the updates.

Thanks for the updates.

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Dr Durden
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Was in today. ASE's - $3.50

Was in today.

ASE's - $3.50 over

AGE'e - $90 over

Krug's - $80 over

Maples and Phil's - $75 over

Pamp assayed bars - $72 over

Forgot the buy-backs. Think he said $1.50 under for silver, but don't quote me on it.

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I Am The Unknow...
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Swaps

anybody know what the going rate is for swapping gold for silver?  Is it 97% of value (that is, the dealer takes a 3% commission). 

And if I understand correctly, 5% is the going rate for commission on selling gold or silver for fiat.  Is that right?

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