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To: chic_hearne who wrote (61638)	1/25/2001 1:48:53 PM
From: Don Lloyd	Respond to of 436258

c_h - ...Do you pay any premium for the gold in the Gold eagles, or is it just like buying bullion except that it's formed into a coin? Probably both. If you pay above spot, that would seem to be a premium. Since most purchases involve a dealer, there is going to be a spread between his bid and ask price. But this would be true of plain bullion as well, just to a smaller degree as no one is likely to value the scarcity and artistic expression of an undated bar as some people do for the dated and figured coins. Regards, Don

To: chic_hearne who wrote (61638)	1/25/2001 1:59:55 PM
From: Horgad	Read Replies (1) \| Respond to of 436258

The premium on Gold Eagles is about 3.5-4.0% including delivery costs. The premium on Krugerrands is about 1.0-1.5% including delivery costs. I have not found anything closer to spot delivered then Kruggerands including larger bars. However, I did buy some 40% silver coins once at spot. To buy at the spot you have to buy at some place like COMEX and then you have to pay broker fees plus either delivery or storage and you have to buy in 100 ounce lots. If you find something cheaper than Krugerrands let me now. If I could, I would buy straight from the mine to avoid the middlemen:)