How Much is 1 Ounce of Gold Worth? What is Gold Spot Price? What is the Premium on 1 oz of Gold?

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What is gold spot price? How much is one ounce of gold worth? What is the premium on one oz of gold? For that answers to all of these questions, I went to an expert. Sherrie is the owner of a coin shop just south of Chicago in Oak Forest, IL called Collector's Gallery. She's been a silver and gold dealer for over 30 years. The lady knows her precious metals! Whether you're just curious about learning about buying your first gold coin or gold bullion or a seasoned investor, this video will be helpful!

As always, THANKS FOR WATCHING!
T

If you enjoy this video, be sure to take a look at my COIN SHOP Videos Playlist:

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T the Silver Stacker
P.O. Box 695
Crown Point, IN 46308

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Disclaimer: T the Silver Stacker's video's typically consist of conversations surrounding education regarding and the acquisition of, but not limited to the following: silver, silver spot price, gold, gold spot price, platinum, silver coins, generic silver rounds, collectible silver rounds, fractional gold coins, pre-33 gold coins, ancient coins, American Silver Eagles, Perth Mint Coins, Mexican Silver Libertads, Fractional Libertads, Proof Libertads, Mexican silver Onzas, junk aka constitutional silver, silver bars, vintage silver rounds, platinum, vintage silver bars, Morgan Dollars, Peace Dollars, paper currency, coin collecting in general, silver spot price, gold spot price, coin shops, coin dealers, coin shop videos, how to sell silver, how to sell gold, and more. Please understand that although the conversation frequently touches on the state of the economy and how it affects the accumulation of precious metals (stacking), T the Silver Stacker is no way shape or form a financial advisor. Glean what you will from the silver stacking philosophy shared, but ultimately the viewer is responsible for making their own decisions. Some of the links in this description are affiliate links that provide me a very small commission at no additional charge to those who use them.
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We all see plenty of dealer interviews on the various stacking channels, but Sherrie is a breath of fresh air and is just fun to chat with. Thanks for bringing her to us, and I hope we get to see more of her in the future. Interesting to see your closing credits with channel members listed. I hope it'll inspire some more of our community here to join up!! Always the good stuff here! Thanks T!

getx
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This woman is so straight forward. I wish she had a shop in my home town.

tho
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This is very helpful. Thank you for this. I bought most of my gold last year, although I crumbled at temptation and bought a Libertad about 2 weeks ago.

loverofcalifornia
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Keep on protecting our wealth with gold and silver. Keep on stacking T 👍🏻

SilverLumberjack
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Sherrie is such a help and thanks for the lesson. Shout out to both of you for what you do on this channel.

ChrisVargasrphtchris
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Definitely great info for beginners! Always good to hear even when your not!

AlohaStacker
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A pleasure to see a sincere coin shop owner.

bbfreetube
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Loving these! Awesome info again. Look forward to the next visit!

cmcinc
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Back in the 70s my dad bought several hundred dollars of one-ounce Mexican gold coins at $30 each. Spot was less than $40 back then.

In the early 2000s I bought a one-ounce Mexican gold coin from a coworker for $200. Spot was less than $300 back then.

southofhollywood
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Thank You so much this is such a hard topic to find information on..

Bob-cdpp
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Great interview. Always good to get the basics on gold and why it's a good idea to hold it.

SalivateMetal
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Sherry rocks! If she was in my neck of the woods I'd shop local instead of online.

freeinflorida
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Another great video brother and Miss Sherry is great!!!

theblindsilverstacker
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I've been paying 14% over the spot price for 1/10 age. I prefer and I like the 1/10 a lot more too.

StackLife-yqhw
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T, love the content especially when you visit different LCS for an expert point of view. Could you do a video with a shop owner on store etiquette? I encounter new collectors/stackers doing all sort of crazy things such as looking over another customers shoulder, reaching for and grabbing other customer's coin and demanding the store to test their PMs without any intension to sell to the store. I think this might make a good video because more and more people are buying PMs.

garaldtao
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Great video and Sherie is super knowledgeable.
Can you or Sherrie please talk about premiums she charges on 1oz, bars and not just coins?
I am more interested in bars than coins and can't find any videos that talk about average premiums on bars compared to coins.
Thanks and keep up the good

lvmark
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I shopped here last summer bought some silver very cool T

iamliving
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At december 23 i bought a 1/10 Philharmoniker gold for a little bit over 190 swiss francs. Now it's around 20 swiss francs higher.

cardaveux
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Buy anything gold and silver while you still can! I would rather be a day early than a day late!

leviadame
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If my LCS proprietor was as cute as Sherry I would spend more money in his shop. I appreciate her non BS attitude.

timmatherly