In 2007 the premium dropped to 6% over spot only to increase to 85% over spot just 2 years later.
To put it in simpler terms, the price of gold increased $160 over this same period, however the real profit was the increase in premium of an additional $885! The actual price of the Proof Gold Eagle soared from $1,350 to $2,080 even though gold only appreciated $160 an ounce.
Today’s “premium” is lower than it’s ever been since the Mint started producing U.S. Gold Eagles in 1986.This creates a low risk opportunity to double or triple your profits as gold goes higher.
Consider that in September 2016 gold was $1,327 but a Proof Gold Eagle would have cost you around $1,775. Today, with gold in the same price range the same coin is available for as low as $1,465.