WebJun 12, 2024 · Traders earn their own money from a “premium”, an amount in excess of the spot price. For a genuine US Mint gold eagle, you pay $60 more than the spot price of gold. But before assuming that a value trader will make $60 per coin, you may also need to consider that traders will not buy these coins at the spot price. WebJan 18, 2024 · If a coin dealer buys a coin for $15,000 and quickly sells it for $16,000, he can land a thousand dollar profit. But, if this coin is tied up in his inventory for a long time before someone buys it, there is a large sum of money that is not earning him anything. All told, the profit margins for coins are primarily determined by these three factors:
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WebApr 3, 2024 · Purchase gold at trade shows. Many dealers at a trade show will give a price break to someone who is just getting started in the business. 6 Purchase gold in large volumes. Large volume purchases tend to have a lower price per ounce. [5] Method 3 Selling Gold Download Article 1 Market your business. highway 225 accident
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WebFeb 24, 2024 · You can buy gold bars from dealers, individuals or online from sites like JMBullion, the American Precious Metals Exchange (APMEX) or SD Bullion. And keep in … WebOct 12, 2024 · How Much Do Bullion Dealers Pay? $2,012.90 Silver Palladium $0.00 TALK TO AN EXPERT (855) 919-2531 Bullion is any precious metal in physical form—usually of a high purity and often in the form of gold or silver. If this is the type of precious metal you have on hand, you may be wondering what you can get for if you opt to sell it. WebOnline coin dealers – The companies are experts at valuing coins and performing fair, efficient transactions. If you want to get rid of gold or silver coins, choose a company that … highway 225 houston tx