Today the spot price has surpassed the fixed price of these coins. In other words, it's cheaper to buy gold from the Central Bank who are selling at a discount to spot, than from a gold dealer who will charge a premium.
Today the spot price has surpassed the fixed price of these coins. In other words, it's cheaper to buy gold from the Central Bank who are selling at a discount to spot, than from a gold dealer who will charge a premium.
It is still cheaper given the size of the premium charged by dealers. Each coin weighs 0.5g at 999 fineness and costs €47.99. Shipping is €11.45 €10.66.
Comparing the cost + delivery of the same weight gold bar (999.9 fineness) from bullionbypost.ie: