In a coin shop, prices change because the market did. These guides cover the math behind a metal price, which market reference to follow, and how to keep tags in step with it.
Start here
- The big picture: digital price tags for gold and silver stores explains how a tag price is built from the market, metal content and your premium.
- Which price to follow: spot price vs. the LBMA benchmark.
- How often to update: how often a gold and silver store should update its prices.
Melt values and premiums
- Gold melt value chart for 10K to 22K
- 90% "junk" silver melt value per dollar of face value
- Why bullion costs more than spot
Market context
The gold-to-silver ratio explains what customers mean when they quote it, and what it means for your inventory.