What's a fair price for fractional gold coins?

[Amazing]

I'm talking about 1/10 and 1/4. How much over spot do you normally pay? Is 5-10% acceptable?

[kimchi]

36 minutes ago, Amazing said:

I'm talking about 1/10 and 1/4. How much over spot do you normally pay? Is 5-10% acceptable?

Absolutely depends on the coins!

Can you give us one or two examples perhaps?

[SILVERFINGER]

I am thinking of maybeinthefuturebutnotquiteyet getting some gold coins, I would prefer bars, but I would like them to match the SAO, CML, Albion silver bars I have in look and style, IE poured, polished finish and be British, but they are not cheap, the smallest I would consider is the 50g and they are well over a grand, hence thinking about some Britannias of differing sizes depending on how much I have to invest at the time when prices are reasonable, now I think sovereigns are lovely but I want 999 gold to match my 999 silver, something that concerns me is for roughly the same prices the gold content can vary quite a bit, BBP has 1/10 Britannias that are .999 gold for £109 (for example)  but the same weight Krugs and Eagles cost more (£120+)  and are only .916.7 fineness 

Also can you get the plastic protective capsules for these fractional sizes like the 1 ounce coins.

[Kieran95]

For fractional I go for sovereigns '' best price '' 

[Provvidenza]

I've been buying 1/10 Gold Britannias direct from Royal Mint Bullion whenever I can get 2 for under £110 each. I haven't bought any the past few weeks due to the higher price but I am being patient for that to change (and I've been buying Silver instead). Spot price is allover the place so I don't worry about how much I may be paying over at the time of purchase, I definitely want gold in my hand so I just wait for a price I'm happy to pay regardless.

Also Royal Mint Bullion 1/10 Britannias come in the screw type plastic capsules which are great.

[CosmikDebris]

Hatton Garden Metals currently have a stock of 1/10th Philarmonikers for £100.22, I think that's hard to beat! I even picked up a few myself at £101. Spreading the postage across three cost me £103  www.hattongardenmetals.com/buy/pid191/gold-austrian-philharmonic-tenthoz.aspx

[Pete]

2 hours ago, Amazing said:

I'm talking about 1/10 and 1/4. How much over spot do you normally pay? Is 5-10% acceptable?

Yes if boxed proofs but too high for bullion.
You can usually buy for less than 5% over spot.

[Amazing]

1 hour ago, Pete said:

Yes if boxed proofs but too high for bullion.
You can usually buy for less than 5% over spot.

Can you link to any sites that sell 1/10 oz gold coins for less than 5% over spot, can't find. All I see is the the range 5-10%, unless it's Sovereigns.

[Amazing]

2 hours ago, CosmikDebris said:

Hatton Garden Metals currently have a stock of 1/10th Philarmonikers for £100.22, I think that's hard to beat! I even picked up a few myself at £101. Spreading the postage across three cost me £103  www.hattongardenmetals.com/buy/pid191/gold-austrian-philharmonic-tenthoz.aspx

That's definitely a good deal, but that's still like 10% premium including shipping isn't it?

[Pete]

9 minutes ago, Amazing said:

That's definitely a good deal, but that's still like 10% premium including shipping isn't it?

If you are going to purchase a single 1/10th for about £100 then you will be stung with a 6-7% premium because of SD delivery even if you paid spot.

[Amazing]

1 minute ago, Pete said:

If you are going to purchase a single 1/10th for about £100 then you will be stung with a 6-7% premium because of SD delivery even if you paid spot.

Yeah, the delivery adds up. Can you link the sites that sells 1/10 oz coins under 5% premiums?

[Roy]

That's a bit lazy isn't it?

DYOR!

[Martlet]

24 minutes ago, Roy said:

That's a bit lazy isn't it?

DYOR!

I've done my research and conclude some people don't acknowledge postage costs, perhaps they have local shop, buy bulk or just good relations with dealers.  

[Amazing]

5 minutes ago, Martlet said:

I've done my research and conclude some people don't acknowledge postage costs, perhaps they have local shop, buy bulk or just good relations with dealers.  

That guy is just negative all the time, I blocked him a long time ago, so I can't see his posts unless someone quotes him. This forum is about helping people and sharing information, yet he always have some snide comment, so I ended up blocking him. I can't find sites that sell them that cheap either and I've done throughly research. Pete claimed you can usually buy for under 5%, so I'd really love to know which sites he's using.

 

[Roy]

My sincere apologies.

You will find the answer in the Premium Member Section above ?

[Roy]

3 minutes ago, Amazing said:

I can't find sites that sell them that cheap either and I've done throughly research.

 

5 minutes ago, Amazing said:

This forum is about helping people and sharing information,

?

[Amazing]

9 minutes ago, MrGeorge said:

I didnt know you could block people how do you do it ? That roy is a right

wan ker wouldnt mind muting him myself 

Click on your own name in the right top of the page, click on "Ignored Users" and put in his name, and you won't ever see his messages again.

[Roy]

12 minutes ago, MrGeorge said:

wouldnt mind muting him myself

That's illegal in 49 States in the US! 

?

[richatthecroft]

3 hours ago, MrGeorge said:

I didnt know you could block people how do you do it ?

@ChrisSIlver please could this post be dealt with as it clearly is not in keeping with the Forum Guidelines.

[richatthecroft]

9 minutes ago, Amazing said:

Click on your own name in the right top of the page, click on "Ignored Users" and put in his name, and you won't ever see his messages again.

Thanks @Amazing, very helpful.

[CosmikDebris]

1 hour ago, Amazing said:

That's definitely a good deal, but that's still like 10% premium including shipping isn't it?

If you want fractional's then you pay the premiums, I nabbed a few because I wanted fractional's that were not Sovereigns, I like a bit of diversity in my stack! At that price I'm happy with the purchase. Beautiful little coins!! 

[BackyardBullion]

Fractionals always come at a premium from dealers. 

Coin fairs and forum sales are the best place to pick them up.

I did a video on the subject recently, maybe of interest.

 

[AndyMacKay]

I don’t think you can easily find reputable online dealers selling 1/10 ounce gold at 5% over spot.  But, if you wait for sales from major online dealers you can find Sovereigns and the Swiss and French 29 franc bullion coins for 4% over.  

[sovereignsteve]

2 hours ago, Amazing said:

Pete claimed you can usually buy for under 5%, so I'd really love to know which sites he's using.

so would I

[CoinFinders]

Referencing the premiums for small gold coins:  I hate to say this...but...it depends.  :-)   Gold/Silver/Platinum premiums change daily, usually with the ebb and flow of bullion prices.  Many times when bullion prices spike (up or down), you will see the premiums increase as gold sells off, and the premiums will decrease as prices increase.  This is not a hard and fast rule, but the market generally follows this pattern.  So right now, the premiums have increased across the board for gold/silver sales -- after a big sell off last week.

Soooo....find the best deal you can find, but the most reputable bullion sellers.  And a cash transaction will always help to chip away at the premiums.  Thanks from Scotty at CoinFinders