Spot is a reference, not a quote
Spot is the going market price for a quantity of metal. A retail coin or bar carries making, distribution and dealing costs on top. When you compare two products, compare them on the same weight and purity.
What a spread is
The spread is the gap between what you paid and what a buyer will offer. There is no guarantee you will get the premium back, and costs such as transport, insurance or selling fees can reduce what reaches you.
How buy-back works here
We are happy to consider buying back goods you have held for 24 months or longer. Neither side is obliged, and we decide each request. For graded coins we pay the gold spot price at the time plus 5%, as long as the goods arrive in the condition expected. Our selling page lists the steps.
