ECON Selling Gold

[RCSAR]

I have to sell a 1oz Gold Eagal (pardon bad spelling, dope and abcessed tooth).
What price over or under spot should I demand, condition perfect but not proof quality.

I suspect 1oz GEs sell for over spot . Am I wrong?
Should I sell for under spot at all?

I'm willing to sell it here but buyer pays insured postage.
I do prefer to sell to a brick and mortor dealers

 

[Adino]

my coin dealer gives 95% of spot < 10 oz

98% of spot for > 10

the spread is what they make a living on

 

[Jonas Parker]

At APMEX:

1oz Gold American Eagle (Random Year)
As low as $52.99 per coin over spot!
With an iconic design and 1 oz of Gold, the American Gold Eagle combines the best aspects of collectibility and bullion investment appeal, which has made it America’s preferred Gold coin.

APMEX Buy Price: $1,251.50 Sell Price: $1,286.49

 

[Gitche Gumee Kid]

At APMEX:

Jonas,
If you read the "fine print" ( click the buy site) you will see a proviso at APEX that the buy figure is only after a $10000 or more transaction.

GGK

 

[RCSAR]

Should I get a premium price, at least spot since it is a GE ?

I called the new (only) local guy and he has no 1oz GEs in stock.

 

[Moggy]

Scottsman Coins will buy a GE for $1,247.65 as of 6:51 p.m. CST. Market is pricing gold as I type at $1,224.70, down from earlier.

https://www.scoins.com/pricelist/tradingsheet.aspx