The cost of the gold coin depends on several factors including, what coin you’re looking at, the demand of the coin, and the quality. However, regardless of the type of coin, the most important price for gold coins depends on the price of gold.

Most coins will be 5% to as low as a few cents above the price of gold. This is called the premium. The premium is used to cover the minting, shipping, and any other costs included producing the coin. The amount of premium added onto the price of gold, however, depends on which coin.

The American Gold Buffalo commands a higher premium than the South African Gold Krugerrand because the number of collectors and investors buying and selling American Buffalo Gold coins far out numbers the number of buyers and sellers of a Krugerrand. This is the international demand for the coin in question. The higher demand for the coin means the higher premium on the coin, thus a higher price above the price of gold.

There are coins that sell so closely to the price of gold that they could be considered gold rounds. Some coins from Sunshine Mining are considered gold rounds, while many investors consider the gold Krugerrand a gold round. These coins have the smallest premium, the lowest price above the price of gold.