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View Full Version : Spread, VAT, Premiums and Bid/offer price



Davidwd
03-10-2017, 01:30 PM
Could anyone please explain how this works.

The bid price is 730.55, Offer price 781.80

Price for 1oz Baird bar 891.50 + VAT @ 20% = 1069.80

So if this bar was sold back to LCS or Bullion dealer what would you expect to be paid for it? Do you expect to lose the VAT, the spread and the premium??