Category Archives: Spot price

Why You Can’t Buy Gold or Silver At Spot Price

By Joshua McMorrow-Hernandez for Gainesville Coins …… Wouldn’t it just be grand to buy gold or silver at spot price? Think about that pile of metals in your vault growing ever higher, all at the price of what the metal is really worth. Eliminate the middleman — no numismatic premiums. And all the while that […]

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The London Gold Fix: A Brief Guide

By Paulina Likos for Gainesville Coins ……   Administered by the London Bullion Market Association (LBMA), the London Gold Fix is considered the authority on gold and precious metal valuations. It is the process for how daily prices for gold, silver, and other precious metals are set. The London Gold Fix is established based on […]

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All About “Spot Price”- Everything You Ever Wanted to Know but Couldn’t Get a Straight Answer

By Pegasus Coin and Jewelry …… The “spot price” in the precious metals marketplace represents the basis for which a raw ounce of the metals can be bought and sold for immediate delivery. Spot prices fluctuate constantly, affecting both the buying and selling of precious metals. The price you will pay for any silver, gold, […]

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Bullion Coins Remain Volatile

By Richard Giedroyc
Some very impressive rare coins are appearing in auctions during February and March. Strong prices should continue as the already heated auction market fires up even further.
It’s difficult to determine the extent of this venue since, although total and individual prices realized are often available, the annual number of coins being offered via auction is not

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Market continues to heavily favor buyer rather than seller

“I’m a buyer at these levels,” appears to be a recent frequently repeated statement at many coin shows nationwide. This reflects the lower spot price of gold and silver, which subsequently is impacting the intrinsic value of many collectible coins.
At the same time some dealers are indicating they are having a difficult time purchasing and stocking anything of significance

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Coin Collecting Strategies – Generic Gold Coins Fall to Historic Lows

If you’re not picky, it’s a great time to look at century-old US Generic Gold coins By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… In recent months, the value of United States generic gold coins has fallen to historic lows in relation to spot gold prices. Generic gold coins are defined as common-date United […]

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PNG: Three Things to Know Before Buying or Selling Gold This Holiday

As holiday time gets closer, some people may want to sell their gold to get cash for purchasing gifts or may want to buy gold coins to give as gifts. Do your homework first, cautions the Professional Numismatists Guild (PNG). The PNG is a nonprofit organization founded in 1953 that’s composed today of the country’s […]

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