Premium Calculator
Compare retail prices of precious metals products to current spot metal prices. Calculate the premium you pay above the metal's intrinsic value for coins, bars, rounds, and other bullion products in both dollar and percentage terms.
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Understanding Precious Metals Premiums
What is a Premium?
The premium is the amount you pay above the intrinsic metal value of a precious metals product. It covers production costs, dealer margins, and the added value of the specific product design or brand.
Factors Affecting Premiums
Premiums vary based on product type, brand reputation, size, dealer inventory, market demand, and manufacturing costs. Government-minted coins typically carry higher premiums than private mint bars or rounds.
Typical Premium Ranges
Gold products: 2-8% premium
Silver products: 10-30% premium
Platinum products: 5-12% premium
Ranges vary by product type and market conditions.
Investment Considerations
Lower premiums mean more metal for your money, but products with higher premiums often have better liquidity and recognition. Consider both factors along with your investment goals when making decisions.