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Re: [Orchid] Buying gold coins  
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From: Jewelers Gallery
Date: Thu May 02 23:20:49 2002
 
     
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    	There are gold coins that are .9999% pure, 24 kt casting grain is 
    .9999. That is as pure as refiners can get it. You can get these
    coins from a coin dealer for 3%-7% over spot. Krugerands have the
    lowest % from my dealer, Dave's Gold and Silver Exchange, 303
    7786076, in Denver,co. I have been using him for years. There is
    quite a premium for refiners to make alloyed gold. 	Regarding working
    with silver or gold, your labor should be the same, or close to it.
    With the same mark up, you make more on gold because it costs more.
    There is less resistence to getting higher prices for gold from the
    public because of the perceived value of its intrinsic value.  When
    one of my customers really wants something custom, price is not much
    of an issue, gold or silver. 	If you have good designs, good
    craftsmanship, prices for materials and labor that are in line with
    something similar, and a way to market your work, you should be able
    to compete in the marketplace. The more skill, the more unique your
    designs are, or the more clever you are in any area where you capture
    peoples imagination, the better you will do. And you are always 
    really marketing yourself. Richard in Denver

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