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re: Buying Gold & Silver coins and bars.
Posted on 1/23/15 at 9:17 am to DawgSmoke
Posted on 1/23/15 at 9:17 am to DawgSmoke
IMHO do not waste your time with any size silver bar under 10oz, they carry too much of a premium over/under spot when bought/sold.
Gold is a bit different as the actual price will be closer to spot percentage wise and not as size dependent.
I prefer silver as the percentage swings are USUALLY much greater than gold even though the prices tend to move in the same direction. That being said I have purchased a few gold coins over the years and will continue to as the whim strikes.
As far as coins or bars I personally buy silver bars because I am not trying to hoard for armageddon, just trying to buy low sell high.
Gold is a bit different as the actual price will be closer to spot percentage wise and not as size dependent.
I prefer silver as the percentage swings are USUALLY much greater than gold even though the prices tend to move in the same direction. That being said I have purchased a few gold coins over the years and will continue to as the whim strikes.
As far as coins or bars I personally buy silver bars because I am not trying to hoard for armageddon, just trying to buy low sell high.
Posted on 1/26/15 at 8:02 am to cave canem
How would go about selling silver or gold coins and can you get market value for them. Say you bought at $18 an ounce and silver went up to $25 oz. How much are you going get an ounce when you sell?
Who is going to buy it?
Who is going to buy it?
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