Bullion Premium Calculator
đ Compare Dealer Premiums
Calculate how much you're paying over spot price for precious metals products. Compare dealer premiums to find the best deals and make informed purchasing decisions.
Lower premiums = Better value for your investment
đ Premium Reference Guide
đĄ Premium Factors
- Product Size: Larger products typically have lower premiums
- Brand Recognition: Well-known mints command higher premiums
- Market Conditions: High demand increases premiums
- Quantity Purchased: Bulk purchases often get discounts
- Payment Method: Cash/check vs. credit card
đ¯ Premium Shopping Tips
- Compare multiple dealers before buying
- Consider shipping and insurance costs
- Buy larger quantities for better pricing
- Watch for sales and promotional pricing
- Factor in buyback spreads when selling
- Consider generic vs. brand name products
â ī¸ Red Flags
- Premiums significantly below market (potential scam)
- Pressure to buy immediately
- No clear return/exchange policy
- Unusual payment requirements
- No physical address or credentials
- Promises of guaranteed returns
đ Total Cost of Ownership
When evaluating premiums, consider the total cost of precious metals ownership:
- Purchase Premium: Initial cost over spot price
- Storage Costs: Safe, vault, or insurance fees
- Selling Spread: Dealers typically buy back at 2-5% below spot
- Transaction Costs: Shipping, handling, verification