Buying Cleaned Gold From Apmex - Coin Community Forum

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Author	Replies: 6 / Views: 2,259
sandwich5027 New Member United States 44 Posts	Posted 02/07/2015 7:30 pm Hi guys, First I want to thsnk you guys for advising me with my questions I had as a new collector. I 've decided that I will collect only gold bullion coins, and if they eventally have a numismatic value, then great, but I buy only at 3% -5% above spot, sometimes even less. Anyway, as a bullion buyer what do you think of gold coins that are labeled sruffy or cleaned? I buy with the intent of receiving melt value, so would cleaned coins at heavy discount be a good buy? Thanks! Edited by sandwich5027 02/07/2015 7:32 pm Report this Post to the Staff

westernsky Pillar of the Community United States 7618 Posts	Posted 02/07/2015 7:38 pm They are a "good buy" if all you are expecting, and paying for, is bullion value content. Report this Post to the Staff
Groszy Pillar of the Community United States 589 Posts	Posted 02/07/2015 7:57 pm You can probably sell cleaned ones for more than melt, depending on date and mint mark. However, the number of people wanting/willing to pay more for damaged specimens is much lower than those looking only for original coins. Report this Post to the Staff
Medieval Pillar of the Community 3772 Posts	Posted 02/07/2015 8:19 pm Quote: would cleaned coins at heavy discount be a good buy? If after discount they are just above bullion value, then there is no loss. Buying NCLT coins for substantially more than bullion value would be risky if not in top condition. Report this Post to the Staff
sandwich5027 New Member United States 44 Posts	Posted 02/07/2015 8:26 pm Here's a weird question.....does anyone here on this forum sell coins around spot? Is there a buy/sell section? Just wondering. Report this Post to the Staff
D0ubl3Eagle Pillar of the Community United States 5854 Posts	Posted 02/08/2015 12:19 am I would have no problem with buying problem bullion coins as long as there is a discount from the price of a problem free example. Report this Post to the Staff
jbuck Moderator United States 188325 Posts	Posted 02/09/2015 10:39 am Quote: Here's a weird question.....does anyone here on this forum sell coins around spot? Is there a buy/sell section? Just wondering. First, the Buy / Sell / Trade Rules. Next... http://www.coincommunity.com/forum/...asp?CAT_ID=8 Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 6 / Views: 2,259

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