Did you ever wonder why the prices of bullion coins containing the same amount of gold are different and how they are determined?
Yesterday, I read an article on GoodSeek.com (I also subscribe to their free daily Gold Seeker Report, which provides a nice summary of the precious market) that explains the prices discrepancy among gold coins and how they are priced. For example, the spot gold price right now (December 5, 11:00 pm) is $792.10 an ounce according to GoldPrice.org. Some popular gold coins at BullionDirect.com, where I bought my Amerian Buffalo Coin, are priced as following:...
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