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Save Some Money On Gold

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howell1018's Avatar
United States
758 Posts
 Posted 07/09/2017  09:45 am Show Profile   Bookmark this topic Add howell1018 to your friends list Get a Link to this Message Number of Subscribers
Perhaps most already know this, but I thought I would point something out vis-a-vis gold bullion purchase.
My go to dealer for precious metal purchases is APMEX. I've used them many times in the past and I've found the transactions quick and easy, customer service is helpful, and if they don't have the very best prices they are close enough to where it doesn't matter.
Here's a quirk I've noticed with APMEX in the past and present in regard to their prices in gold and silver. Their website prices are different from their prices on ebay. Sometimes the ebay prices are better, and sometimes the website prices are better. This holds for both gold and silver. A good example exists right now. At present (July 9th) the spot price of gold is $1,212.82. On the website they will sell you a single 1 ounce American Gold Eagle (2017 dated) for $1,284.69 if you pay cash, or wire the money. If you pay via credit card or PayPal it's going to be $1,338.22. However, right now they're offering the same one ounce gold eagle on ebay for $1,249.69, and there's no penalty for using PayPal. I've seen this same disparity in the past with regard to Silver Eagles. The lesson here is always check both sites.
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howell1018's Avatar
United States
758 Posts
 Posted 07/09/2017  09:46 am  Show Profile   Bookmark this reply Add howell1018 to your friends list Get a Link to this Reply
Course when gold tops $2,000 that $35 savings won't really matter all that much.
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 07/09/2017  10:24 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
If gold tops $2,000, there's going to be a lot that won't really matter all that much.

Thanks for the APMEX info.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Edited by fistfulladirt
07/09/2017 10:26 am
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Biedercoins's Avatar
United States
1608 Posts
 Posted 07/09/2017  12:25 pm  Show Profile   Bookmark this reply Add Biedercoins to your friends list Get a Link to this Reply

Thanks for the tip!
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fioti's Avatar
United States
4212 Posts
 Posted 07/09/2017  1:03 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
I've found, many times, to look at the 'Daily Deals"

I've seen bullion coins going for nearly spot.
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Debrajc's Avatar
United States
4211 Posts
 Posted 07/09/2017  6:34 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
I go to AMPEX as well. Thanks for the tip! I have learned to check both prices but
unfortunately the 1 oz. gold deal is just not in my budget. Wish it was!
Valued Member
everything's Avatar
United States
493 Posts
 Posted 07/10/2017  11:37 pm  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
Great tips for shopping for gold, if you go to say India or some of those Eastern countries they won't buy a coin it you paid them, they want gold, and they buy it in simple and cheap bar form almost always. The daily deals is always good to check, another checking place, compare gold prices.com.
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