I am looking to buy some Gold 1 ounce Eagles. I would also be interested in Gold Buffalos or Maple Leafs. I have Cash waiting.
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This makes sense. It’s a win-win. Both the buyer and the seller get a deal. The Buyer gets better than dealer cost and the seller gets better sell price than if selling to a dealer. Money metals exchange only pays $25 over spot on version 2 Gold American Eagles and $30 over for Version 1.Local dealers near me sell the Eagles at $125 over spot and the other gold coins at around $85 over spot. But the dealers and coin stores don't pay the sellers very much when they are in need of cash selling their gold coins. I am offering more then the dealers would buy your gold for at $75 over spot.