Why did coin premium spike on Dec 26th?

Discussion of the Gold portion of the Permanent Portfolio

Moderator: Global Moderator

Post Reply
Bongleur

Why did coin premium spike on Dec 26th?

Post by Bongleur »

The minimum premium is fairly stable at about 3% but suddenly spiked to 7%.  The maximum stayed the same at about 7%, which seems to be its average value.

Is this a regular end of year seasonal phenomena?

Is there a time of year when the premium is probably lowest?

http://goldprice.org/gold-prices/1003-G ... -Eagle.htm
User avatar
Tortoise
Executive Member
Executive Member
Posts: 2752
Joined: Sat Nov 06, 2010 2:35 am

Re: Why did coin premium spike on Dec 26th?

Post by Tortoise »

Bongleur wrote: The minimum premium is fairly stable at about 3% but suddenly spiked to 7%.  The maximum stayed the same at about 7%, which seems to be its average value.

Is this a regular end of year seasonal phenomena?

Is there a time of year when the premium is probably lowest?

http://goldprice.org/gold-prices/1003-G ... -Eagle.htm
Looks like a glitch in the plot to me. Note that on December 27, 28, and 29 on that plot, the min, max, and average curves converged into a single curve. There's no way that's real.
User avatar
AdamA
Executive Member
Executive Member
Posts: 2336
Joined: Sun Jan 23, 2011 8:49 pm

Re: Why did coin premium spike on Dec 26th?

Post by AdamA »

When did they issue the 2012 Eagles?
"All men's miseries derive from not being able to sit in a quiet room alone."

Pascal
Post Reply