Trade My 1oz Gold Maple For What?

I'd probably just keep it and next investment start buying some smaller fractions. Keep in mind too if there is a SHTF event you could always cut a coin up into pieces with a pair of tin snips or something.

I would keep that coin. If you end up selling the coin and started to get fractionals with it, be prepared to pay a much higher premium (and possibly a loss). Good luck!

Yes, I have a thought on this... and it is that 200 oz. of silver is a great start but probably is not enough to see you through an extended SHTF scenario. Think several months before anything approaching normalcy returns. Remember that such scenarios will be times of great social and political upheaval. Anything that is very useful AND in short supply will be VERY expensive, even if you do have gold and silver. The trick there is that if you have PMs, you will likely be allowed to buy what you need with it. Most people will not have any silver or gold, so will be SOL as far as buying food, fuel, ammo, etc.

As to 1-oz. gold coins... yeah, they are really too big to be useful for barter unless you are buying a piece of land or a home. Several of them could be used for that purpose. They would be too big to be useful for buying your everyday needs. The 1/10th and 1/4 oz. coins might be more useful for that.

Yeah, I understand the premium cost issue. But if you're going to make that argument, why would anyone ever buy fractional coins at all?




You want to talk about high premiums, no thanks! Even the 1/10 oz eagles don't have this high of a premium. Unless you know of a source that I don't for getting these closer to spot price. Please share if you do. I would love to own 'old' gold but it's just not economical.

I know 200oz of AG isn't enough but I'm constantly adding to it. It's a lot easier to buy a couple silver dimes or quarters at a time than it is to make any kind of gold purchase. 1 gram gold bars are murder because of the premiums. I wait until I get tax refunds or other large chunks of change to buy gold for this reason.

Please, do tell where you see these deals. I just looked through ebay (active and completed) and the only ones going for close to spot are the heavily damaged, former jewelery pieces. I would prefer not to buy something that unsightly. I wouldn't mind something in the F-EF-XF range. Are there certain dates that I should look for that would go cheaper than the rest?

And you know the pre-33 gold have a different AGW than their modern counterparts, right? I see you have a high post count, so I'm assuming you knew this. If so, please don't take offense. I only just recently learned this as I had just assumed it was always the same.

Lol its cool. Yes I knew that. and good on ya for not assuming I knew just cause I have a high post count.

I find these at brick and mortar shops mostly. Most of the ones in my area sell common raw XF and less Classic gold for just a hair over spot.

Though most of their bullion class gold is this way. I got a 1/4 ounce Gold libertad the other day for Spot + $5.

If you like I can see what they have, and if you are interested I could facilitate the exchange, if you want.

Check this page out, Ed: http://www.numismaster.com/ta/insid...Week=1&@mc=1

I've been able to find a lot of listings there that I may have missed in the paper.

ianmprice: I may have to take you up on that offer if you're serious. I just caught wind of a new coin store that just opened so I'm going to check them out first and I'll get back to you. What part of the country are you in? Here we have to pay sales tax on coins so it kind of kills it at 7%.

Interesting page. Did not see anything even remotely close to my location but will keep an eye on this page to see if anything comes up in the fall. Thanks for the URL.