Wigler Posted July 29, 2008 Report Share Posted July 29, 2008 I called ATS Bullion earlier and they want to charge me £63 per 1/10 Ounce coin. Why are they charging so much? Link to comment Share on other sites More sharing options...
TinBrick Posted July 29, 2008 Report Share Posted July 29, 2008 I called ATS Bullion earlier and they want to charge me £63 per 1/10 Ounce coin. Why are they charging so much? One reason smaller bullion coins are dearer than 1 oz coins is because of the cost of fabrication, i.e., it probably costs near enough the same to mint a 1/10 oz coin as it does for a 1 oz coin. Another reason might be if you are buying a small amount - the more you buy the better rate you can get. But that price is a hefty 35% over the spot price. You can buy 1 oz krugerrands for about 4% over spot, but you'd probably have to be spending several thousand pounds. Link to comment Share on other sites More sharing options...
Wigler Posted July 29, 2008 Author Report Share Posted July 29, 2008 Oh well.. maybe I need to save a bit more and buy in bulk! Link to comment Share on other sites More sharing options...
id5 Posted July 29, 2008 Report Share Posted July 29, 2008 I called ATS Bullion earlier and they want to charge me £63 per 1/10 Ounce coin. Why are they charging so much? ATS seem to have a fixed deal charge which they add to the spot price of a coin, this makes buying small coins from them expensive, other dealers charge a % above spot per deal, for example, coinsinvestdirect are at £54.63 this morning and Goldline £56.00 Link to comment Share on other sites More sharing options...
cheapbullioncoins Posted September 23, 2008 Report Share Posted September 23, 2008 Oh well.. maybe I need to save a bit more and buy in bulk! I can sell you krugerrands at 3% above spot price anytime. If purchasing 5 to 9 I can do them for 2% above spot. If purchasing 10 or more I will sell at 1% above spot. My email is gold.standard.trading@googlemail.com if you are interested. Link to comment Share on other sites More sharing options...
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