Spot is the price for immediate delivery of unfabricated metal in the wholesale market, quoted per troy ounce. It is the reference every physical product is priced from.
On every product page we break the price into the metal value (live spot × the coin's fine weight) and the premium, shown separately so you can see exactly what you are paying for. The premium is set per product.
When you sell metal back, you typically receive spot minus a small spread. The round trip — buy premium plus sell spread — is the real cost of holding a physical coin for a period.
Last reviewed 10 August 2026. General information only — not investment or tax advice.