Is A Non-Collectible Gold Coin Worth Melt Value? - Page 2

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Author	Replies: 24 / Views: 4,659	Page: of 2

unholyroller Pillar of the Community United States 1903 Posts	Posted 10/08/2012 7:25 pm My "bar trips" usually consist of silver BARS! Lol Report this Post to the Staff
macmercury Pillar of the Community United States 5833 Posts	Posted 10/08/2012 8:41 pm My advice is not to invest more than 25-30% of your gross investment into PM and collectible coins, but final decision is upon yourself. Report this Post to the Staff
JonnyBigBoss New Member United States 6 Posts	Posted 10/08/2012 9:02 pm Awesome discussion everyone. How much does an assay cost when you go to a shop? Do they at least keep the portion they cut to test? Report this Post to the Staff
unholyroller Pillar of the Community United States 1903 Posts	Posted 10/08/2012 9:09 pm Never been through that as I have always bought reliable well know PMs. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 10/08/2012 9:45 pm Quote: My "bar trips" usually consist of silver BARS! Lol Lol that can actually be cheaper sometimes. Report this Post to the Staff
mkman123 Pillar of the Community United States 3184 Posts	Posted 10/08/2012 9:51 pm worth melt value Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 10/09/2012 6:29 pm Quote: If your just buying gold for the sake of having gold, go for commemorative gold coins, that's my opinion. As long as these rounds or medallions have the gold weight and purity stamped on them, they should be fine. It can be difficult to see unusual rounds that do not have the gold or silver weight and purity on them. Quote: A bank account might not get you much, if any, interest but the principal is safe. Indeed so... as safe and sound as the US dollar itself. Report this Post to the Staff
coinwatch Pillar of the Community United States 808 Posts	Posted 10/09/2012 11:06 pm Quote: How much does an assay cost when you go to a shop? Do they at least keep the portion they cut to test? None of the transactions I've seen at my LCS have openly discussed assay during price negotiations. The dealer, if he or she is interested at all, will just give your their buy price for the coin. His discount below spot will be higher if he feels he's taking much of a calculated risk. On the other hand, if you were to go to one of the gold buyer stores, they might do a simple surface test to determine gold content before making you an offer. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 10/10/2012 8:04 pm Quote: On the other hand, if you were to go to one of the gold buyer stores, they might do a simple surface test to determine gold content before making you an offer. That's exactly what happened to us. My wife had some old jewelry that she no longer wears so wanted to sell them. We went to a touring gold buyer and he made a few tests, offered her some prices for the various pieces, and she accepted some of them but not others. Report this Post to the Staff
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