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Spot price

Numismatic SpotSpots

Spot price The price quoted for a deliverable unit of a particular commodity, usually 100 ounces in the case of gold.

 


Spot Prices and Gold Coin Values
So, you're into collecting gold bullion coins. A gold coin dealer says you have to pay the spot price. Does that mean on the spot? Are you being pressured into buying gold bullion coins? Not likely.

Spot Price
Quoted market value of precious metals in bullion form.
Stainless Steel
A combination of iron, carbon and another element, usually nickel, to prevent rusting.

Striations ...

Spot Price - The current market price for delivery of a precious metal.
Spread - The difference between buy and sell prices on the same item.
Stella - A U.S. gold coin pattern with a face value of $4 minted in 1879 and 1880 ...

spot price
Generally, the price quoted for "immediate payment and delivery" for an item. In numismatics, the term tends to be used to indicate prices for bullion metal as of the market close of the previous or current day.

spot price
The market price for immediate delivery of a commodity, such as gold, silver or platinum.

Spot Prices
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Spot Price - The daily quoted market value of precious metals such as silver, gold and platinum in bullion form.

FREE Daily Spot Prices
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Why does the spot price of gold matter to someone who is buying a gold coin?

Precious metals spot prices are available at Kitco Inc.
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Coins as Investments ...

The spot price does not include broker commissions, shipping, postal insurance, etc. Spot prices may change by the minute during active trading.

Where the contract requires delivery of the underlying instrument, the trade will be at the strike price, regardless of the spot price (market price) of the underlying at that time.

Gold sovereigns value is closely linked to the gold spot price. Presently there are no methods that we could use to forecast just what the actual gold price development for 2011 is going to be.

A coin with very slight traces of wear, such that it almost passes for an uncirculated specimen specie Precious metal (usually gold and silver) split grade Different grades for the obverse and reverse sides spot - Short for spot price; ...

Bullion coins such as the American Eagle, Canadian Maple Leaf or South African Krugerrand trade according to the current spot price of their metallic content.

These are one full ounce silver bullion coins that are typically sold for a couple of dollars over the spot price of silver. They make a great investment if you think the price of silver will be going up. Although the U.S.

The variation between the spot price of a deliverable and the relative price of the futures for the same actual that has the shortest duration until maturity.
Bear Market
Market characterized by a declining trend in terms of prices.

In the pages of that publication, the London Spot Price for Gold was often published along with the London fix for Silver. Gold coins such as the U.S.

FREE - GOLD and SILVER Spot PRICE Quotes
Prices are updated every few minutes during open market hours.
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Numismatist ...

qualified Dealers purchase the coins for the spot price of the metal
plus a small premium. All other Coin Dealers and the general public must
purchase the uncirculated American Eagles that have been distributed through
these qualified Dealers.

Spot - 1. Short for spot price; 2. A small area of corrosion or foreign substance.

Spot Price - The market price for immediate delivery of a commodity, such as a precious metal.

Inverted market: a situation in which prices for future deliveries are lower than the spot price. Also known as backwardation.
Karat: a measure of the purity of a precious metal. Pure gold is 24 karat.

Cash Price
Price required for immediate settlement since most gold purchases are cash transactions. Also known as "spot price."
Certified
Authenticated and graded by any of the independent, third-party grading services.

Even though bullion coins have a denomination and are legal tender in the country from which they were minted, their value is determined by the spot price of their metal content on the world market, rather than the collector or numismatic value.

Melt - Refers to the value of a coin's metal content as determined by the current spot price of that metal.

They contain the intrinsic security of bullion and can also offer extraordinary profit potential regardless of what precious metal spot prices do.

Also known as a 'Piece of Eight'. Spot Price Quoted market value of precious metals in bullion form. Stainless Steel A combination of iron, carbon and another element, usually nickel, to prevent rusting.

even FR rolls can turn up substantial amounts of copper coins. Be aware that customer rolled coins may be short by 1 or 2 pennies occasionally, but this should be negligible considering you are going to obtain copper for well below its spot price.

See also: Spot, Coin, Gold, Collector, Bullion