Pricing
Prices quoted by Capital Gold Group are set internally using our bid (buy-back) price as a basis for establishing the ask price. Prices charged by Capital Gold Group for coins are subject to change based on market conditions. There is a difference between the price we purchase our metals at, the "bid" price, and the price we sell our metals at, the "ask" price. This is referred to as the ask/bid spread.
A typical ask/bid spread on bullion currently ranges from 5% to 10%. The typical ask/bid spread on semi-numismatic coins, rare or numismatic coins currently ranges from 15% to 30%. Spreads are determined by purchase volume, market conditions, availability and demand.
To earn a profit on your numismatic, semi-numismatic or bullion coins, your metals must appreciate sufficiently that the buy-back price exceeds the ask price that you paid. For example, if the ask price (price you paid) for a coin is $500, and the ask/bid spread was 30%, then Capital Gold Group's bid/buy-back price is $350. Your coin must appreciate more than $150 to earn a profit. One of the many advantages to buying from Capital Gold Group is that there is never a liquidation fee.
