Coin dealers typically purchase gold and silver from their clients for much less money than they sell them for. For example, a one ounce gold coin may cost $1,300. However, if you choose to sell that same coin back to the dealer, then they may pay you only $1,250, even if the price hasn't moved. This is known as a buy/sell spread.
At UPMA members may redeem their gold and silver for cash without any sort of spread for up to $10,000 in any 30 day period. The savings from this service could cover 8 years of vaulting on a $50,000 account. UPMA offers what we believe to be the most liquid, affordable precious metal accounts on the market.
This also applies to the Goldback accounts.