Buying precious metals question.

1 Ounce, 1/2 Ounce and 1/4 Ounce Gold coins

You can buy historical gold coins instead of the 1/4.

Did your country not have gold guilders once ? Or German 20 Reichsmark coins instead and 20 Franken Vrenelis.

Yes, we did have gold guilders and ducats, but they are always sold out as soon as they come on the market or severely overpriced...

Last Edited by KipKat on 12/15/2021 11:36 AM

its basically up to what you like. avoid shit that is way over spot.the goal is to increase overall metal weight. pawn shops and gold and silver shops will only pay a certian % of the spot price anyway. you MIGHT see slightly higher resale value with eagles and maples.

The basic reason to buy PM’s is a store of value against inflation

The basic reason for buying coins is there % of metal is established and accepted - and if you ever NEED to sell the price will be more stable

Joe blow bars of silver or gold - the “average” person does not have a way of knowing the quality - granted there are many many well known marks on bars that are accepted by wholesale market

But - if you try to hand a cab driver or baker a coin or a bar of silver for the ride/ loaf - what’s he gonna say? “Hey buddy - how do I know how much silver is in that?” Or “I’ll take the coin, thank you”

Bullion mostly. If you can get coins for scrap value, then do.

You could use these.
[link to www.apmex.com (secure)]

1 ounce silver coins American Silver Eagles ( or your sovereign)
and
different denominations of American Gold Eagles 1/4oz up to 1oz

And if you buy “junk” ( old US silver coins pre 1964 ) silver, that will definitely be accepted in crazy times.

yes junk silver!!!

Coins, because they have collector value as well as metal value.

American eagle coins are face valued and legal tender.

Hence spending federal reserve notes on legal tender gold and silver eagle coins is actually a net loss.

Check with you tax professionals about this giant loophole.

It's best to buy at the bottom. We ain't there yet.

Watch technical charts & analysis from analysts of the broader commodity and equity markets...not gold bug videos.

and look for what exactly? a drop, a volatility marker? arent we kinda there? thnx

Define "better".

Coins are more recognizable and easier to verify.

Bars are usually the best bang for the buck.

.

Why you really need gold and silver is for loss of confidence in government.
Every currency in in the world now is fiat.
If the dollar goes to zero, does gold go to infinity?

Silver $23/ounce now.

Good luck finding it for under 30

[link to i.imgur.com (secure)]

Gold > Silver.

I stacked a lot of silver until I realized it was 40 lbs!
Gold is much more portable and the premiums on Sovereigns is pretty low..swiss franc gold coins or french roosters is a good way to go.
Gold is WAY more portable than silver but silver is way undervalued..I'd get some of each.

I've looked at buying a silver kilo bags of our old guilder currency (and from other countries) . But how would one know how much silver there is in each coin? Trading would be a hassle with the average person..

coinflation.com has contents of many coins

I have some and although am a fan, it honestly has been a poor choice of funds.

Perhaps some day it will come into its own. Perhaps.

You just don't get it!

Silver!

Silver On Sale: Silver-Gold Ratio Back Above 80-1

[link to schiffgold.com (secure)]

You tell them," well, you can take this silver or this lead?"

I'm sure they'll make the right choice.

Except its not. More like 60-1 when the premium is factored in.

Silver is tough to find for less than about $30/oz

same boat. If I had split that money between TSLA and BTC I'd be retired now. As it stand, I'll probably work until I'm dead.

I would say old silver American coins.

Dimes or quarters.

Actual value is known.