Black Friday FAQs

The bullion premiums have already been reduced in our system and are reflected in the current item price you see now. You do not need to do anything else, simply add the items to your cart and checkout.

There are two main types of bullion premiums:

  • Dealer premiums: Dealer premiums are the premiums that dealers charge for physical bullion. 
  • Mint premiums: Mint premiums are the premiums that mints charge for bullion coins and bars. Mint premiums are typically higher than dealer premiums because mints have to cover the costs of producing bullion coins and bars.

 

Bullion premiums are typically calculated by taking the difference between the spot price and the price that a dealer is charging for physical bullion. For example, if the spot price of gold is $3050 per ounce and a dealer is charging $3150 per ounce for a gold coin, then the premium would be $100 per ounce. You can check the current spot price here

A bullion premium is the additional cost of buying physical gold, silver, or other precious metals above the spot price. The spot price is the current price of precious metals as quoted on a commodity exchange, such as the London Bullion Market Association (LBMA). The bullion premium can vary depending on a number of factors, including the supply and demand for physical metals, the cost of refining and storing metals, and the transportation costs.

  1. Select "Bank Transfer" at checkout.

  2. Provide a credit or debit card to hold a 5% deposit.

  3. Click "Pay Now" and enter the 3D secure code from your banking app.

  4. Click "Confirm and Pay" to finalise your order.

  5. Wait for Jaggards' email with bank transfer instructions.

  6. Transfer the full order amount within 24 hours.

  7. Jaggards will confirm receipt of funds via email.

  8. The 5% holding fee will be released back to your account.