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Gold prices vs gold coin prices

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13 years 1 month ago #3513 by Belayoff
Recently, I was made aware of an interesting aspect of the current coin market. While gold has skyrocketed, the price of most gold coins has not. Why is this?

At least part of the answer is that dealers have substantially reduced their margins on generic gold coins. Even with the high price of gold bullion, many gold coins are selling for less than they were a year or more ago!

Anyone have a take on this issue?

Belay Off

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13 years 1 month ago #3613 by Loosechange
With everyone pushing bullion from TV ads at every commercial break, to me it seems that collector coins are taking a back seat which give us the oppurtunity to pick up some good deals. Although I am not sure that there are as many good deals regarding CC gold.

Just a thought,

Loosechange

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