Preferences When Purchasing Gold ? - Page 2

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Author	Replies: 32 / Views: 4,834	Page: of 3

SilverTracker Pillar of the Community United States 589 Posts	Posted 07/19/2017 12:59 pm If you decide to ever buy gold bars make sure they come with an assay card. Report this Post to the Staff
macmercury Pillar of the Community United States 5832 Posts	Posted 07/19/2017 1:48 pm Buy from reputable sources! Report this Post to the Staff
Libertad Pillar of the Community Canada 3692 Posts	Posted 07/19/2017 9:16 pm Quote: If you decide to ever buy gold bars make sure they come with an assay card. I have to add the old proverb here: buy the coin, not the holder. Assay cards and authentications are great if you're a beginner, but you really don't need them at all once you know what to look for. @Fist: On the flip side, during an emergency on a bank holiday or an economy collapse, gold in your hand is better than money tied up in the bank. It's super rare, but it could always happen. Aviator snips and a scale. Report this Post to the Staff
2taol Valued Member Ireland 82 Posts	Posted 07/20/2017 11:47 am I can but denominations of 1gram, 2gram and 5gram bars is this a positive way to buy gold? these are my types of values as I wouldnt have the disposable funds to move to gold. https://irishgoldbullion.ie/gold-bars Report this Post to the Staff
Wile E New Member United States 4 Posts	Posted 07/20/2017 12:28 pm I have stocks that pay dividends. What I don't have is physical gold. I'd like to avoid those beginners' mistakes. --A lot of helpful posts in this thread, I'd say. Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36828 Posts	Posted 07/20/2017 2:48 pm I like the Latin Union coins of Europe, 19th/early 20th century "Euro" coins. The French Roosters, Angels, Swiss Helvetia, Italian 20 Lire, etc. .1867 oz pure, older issues with about 1/5oz of gold selling for $10-14 each over melt price. If gold ever hits the moon, smaller coins like this will be far easier to sell IMHO. Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36828 Posts	Posted 07/20/2017 2:51 pm Quote: Gold.Doesn't pay dividends. Lousy investment. Gold is not an investment, it's an insurance policy against a devaluing currency. Report this Post to the Staff
fistfulladirt Pillar of the Community United States 4333 Posts	Posted 07/20/2017 3:49 pm @IndianGoldEagle - I agree, that was my point. When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72 Report this Post to the Staff
2taol Valued Member Ireland 82 Posts	Posted 07/21/2017 07:22 am ok so what I have read on line and here is that small quantities of Gold are better than large quantities i.e 5g V 500g or 1oz v 5oz because they are easier to trade Report this Post to the Staff
SilverTracker Pillar of the Community United States 589 Posts	Posted 07/21/2017 3:42 pm @2taol, yes you got it. With a possible devaluation of the dollar, smaller coins will be more affordable to potential buyers who will have money for smaller fractional's than say a one ounce gold coin. Report this Post to the Staff
Andrew99 CCF Advertiser United States 1533 Posts	Posted 07/21/2017 4:11 pm The 1 grams are very popular, but a poor way to invest IMO. I buy 25x1g and sell the 1 grams at shows for +$3 a piece. If I'm buying for myself, I'd buy 1 Oz Gold Eagles. The same is true of the 1/10th oz Eagles. Very popular because they are cheap, but spreads are large for them, so they are just for flipping for a few bucks. Edited by Andrew99 07/21/2017 4:18 pm Report this Post to the Staff
fistfulladirt Pillar of the Community United States 4333 Posts	Posted 07/21/2017 10:45 pm Waiting for my gold peso. Bring it on home. When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72 Report this Post to the Staff
Libertad Pillar of the Community Canada 3692 Posts	Posted 07/21/2017 10:59 pm Small coins are a no-no in my book because you can always make smaller pieces to suit your trading needs. Buy the largest bar you can afford and then chop it up with bolt cutters or aviation snips. It goes without saying that a scale is mandatory for this. 24 karats is the only choice in my opinion. Anything less than that is dead weight. Report this Post to the Staff
1cent Pillar of the Community Canada 1051 Posts	Posted 07/22/2017 6:54 pm Quote: Assay cards and authentications are great if you're a beginner, but you really don't need them at all once you know what to look for I agree with this. When I get RCM 1 oz bars in assay cards, the first thing I do is cut them out, check them over, and weigh them. The card might give you a little peace of mind, but it doesn't mean much. The Chinese are getting quite good at faking not only small bars, but also the assay cards they are contained within. Report this Post to the Staff
Debrajc Pillar of the Community United States 4211 Posts	Posted 07/28/2017 08:59 am I do not own "a lot" of gold, but what little I do own is all in coins. Report this Post to the Staff
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