1 oz kruggerand
Question about buying and selling gold coins?
I was wondering when you sell your gold coins you shop paid the real value (ie if you are selling a piece of gold 1/10th oz and closed at 880 per ounce, is giving $ 88?) I know that stores charge a little more, then the value of real coins, but what is gross markup on average? For example, today I was shopping at a store near the coin, and had one ounces 1/10th Kruggerand $ 100. But gold is today 875 per ounce, so the store will be a $ 12.50 profit on a currency of $ 87.50. It seemed to me much, since gold is up $ 125 per ounce, before broke, much less a profit. (and yes I only have about $ 120 to invest now, hence why I am interested in 1 / 10 coins oz)
The purchase and possession of physical gold, unfortunately no expensive commissions in terms of rates /. You can find places for less commission, but you have to buy more gold than 1/10th of one ounces We talk like 10-100k gold by the Commission declined significantly. If you are interested in buying something that tracks the movement of gold. Maybe a gold ETF may be better for you. Check symbol GLD. It trades as an idea, a board lot less and still get the same performance as if holding physical gold. Hope this helps.
Testing 1 oz gold Krugerrand coin with the Instant Coin Gauge.
|
|
1984 Kruggerand 1/10 oz Gold Coin Pendant $175.00 |
