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morezone

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I'm new to stacking so would like to info.

 

Let's assume a spot price of £12.  It is possible to get basic bullion coins are around £14.5 or less excluding delivery charges and admin from the EU.  This equates to around 20% over spot.

 

My question is this.  When silver had a higher spot, say £20 from a few years ago.  Was the premium a similar percentage?  Or was it lower since the logistics of moving bullion remains more or less the same regardless of spot price?

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A silver bullion coin of one ounce has a cost of mintage from the Mint plus a margin for the dealer.

This added cost as a percentage of total will be higher when silver is £12 compared to £20 p. oz.

 

If you look at 'silver-to-go' and check their selling price for the cheapest coin where they are applying 'margin VAT' ( minimal ) you will see the difference to spot.

That delta will be more or less fixed and as spot increases.

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