Thats why we always recommend trying to buy bullion as close to the spot price as possible, regardless of the product. As the large majority of these products are mass produced - there is no true advantage to a coin over a round - if you get paid the same price when you sell it down the line. There's speculation about a potential future decline in the gold-silver ratio. The gold-silver ratio remained at 83 due to COMEX derivative selling. The large majority of gold dealers and silver dealers in Canada focus entirely on the precious metal, purity and weight when they are buying the product back. Posted: OctoCategories: Gold & Silver News What lies ahead for precious metals The volatility in silver and gold derivative trading led to price declines last week. Some people believe that it will be easier to get better price when reselling a coin vs a bar vs a round – but this is all dependent on the coin dealers you sell to and the relationship you have built with these gold dealers Rounds are generally privately minted.īars (ingots, wafers) and rounds will always carry a lower premium (price above the spot price) vs coins - as the manufacturing cost is cheaper. Most coins have a purity of 99.99%, whereas some bars and rounds will have a purity of 99.90% However, the overall value of gold bullion will still be 1 oz, no matter which piece you own.īars can be government minted, or privately minted. Purchase coins, bullion, wafers, jewelry and gems from the largest physical. The Krugerrand from the South African Mint Buy, sell and store precious metals safely and securely. For example, the 1 oz maple leaf gold coins have a $50 face value.Ĭoins are also world known and recognizeable, since they are associated to the countries that produce them. We only ship within the USA and to US Military boxes. Please note that we do not offer international shipping at this time. There are a few main differences that separates a coin from a bar and a round.Ĭoins are minted by sovereign mints and government entities - which allows each coin to have a legal tender attribution from the country they were minted. Buy Gold & Silver Bullion Online Free Shipping - JM Bullion live spot prices: Gold Ask 1,884.10 -2.06 Silver Ask 22.02 -0.24 Platinum Ask 885.92 -20.07 Palladium Ask 1,185.94 -31.51 Thank you for visiting. Whether you buy 1 oz of the form of a coin, bar, or round – you essentially hold 1 oz of gold bullion.
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