The market (spot) prices of gold, silver, platinum and palladium fluctuate daily. Research and become familiar with the current market prices of whichever precious metal you’re thinking of buying.
- In addition to the market price, have an understanding of the current market premiums associated with the silver, gold, platinum, or palladium coin being considered.
- These prices are reported in many newspapers and online news organizations. Many reputable bullion dealers report these prices online as well.
- If you are offered a bullion coin at a price below the current market price, extra scrutiny should be exercised.
Know your bullion coin vendor, retailer, or dealer.
- The United States Mint sells its bullion coins to the public through a network of Authorized Purchasers (APs/primary distributors).
- A list of the currently approved Authorized Purchasers can be found on the United States Mint Website.
- Authorized Purchasers are required by the United States Mint to maintain a two-way market for buying and selling United States Mint bullion coins among the public, bullion dealers, wholesalers, and retailers.
- Research (know and understand) the reputation of your bullion dealer or retailer prior to completing a purchase.
- Use caution when responding to advertisements in classified pages, online forums, and other sources.
- Does the coin meet each of the coin's published specifications as to weight and diameter? See Official United States Mint specifications.
- Are all of the Key Features present?
- Is the coin certified by a third party or guaranteed by the seller as to weight and precious metal content?