What is the cost for these coins? What is your commisions? How do you make money?
Goldline products include a spread which is the price difference between our ask (selling) price and our bid (buyback) price. The spread varies depending on the coin or bar you buy. Goldline's current spread for 90 percent silver dimes and quarters, one ounce bullion coins, one ounce and larger bullion bars, one ounce proof American Eagles, 4-piece proof sets, and historic US coins is 13 percent.
The bid price of a coin or bar with a 13 percent spread must increase 15 percent before breaking even (excluding other costs such as liquidation or delivery fees.)
All other products currently have a 28 percent spread. Examples of coins with a 28 percent spread include: European gold coins, fractional proof coins, fractional gold bullion coins, and Morgan and Peace silver dollars in all grades.
The bid price of a coin or bar with a 28 percent spread must increase approximately 38.88 percent before breaking even (excluding other costs such as liquidation or delivery fees.)
Please read our risk disclosure booklet, Coin Facts for Investors and Collectors to Consider and our Account Agreement for more information on our spreads and the percentage the bid price of our precious metals must increase to breakeven.