How do I know I’m getting a fair price on a gold coin?
Look up the spot gold price per ounce: Gold Price Take that price and add about 5% to it for a markup on the coin. That would be a fair price. For example if gold spot price is $800 an ounce then a fair price on a gold bullion one ounce coin is about $840 or thereabouts. I don’t know if I’d throw a fit if a dealer was charging 7% but I’d have a hard time paying 10% or more and would go somewhere else to make the purchase.
