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In coin collecting, "over spot" refers to a coin's market price being higher than the current spot price of the metal it contains. The spot price is the current market price for the precious metal (like gold or silver) in its raw form, while "over spot" indicates a premium that collectors are willing to pay for specific coins based on their rarity, condition, or historical significance. This premium reflects the added value beyond just the intrinsic metal content.

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1mo ago

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