With this in mind, it would be prudent to look at the premiums that have to be paid to acquire each type. Other than the rare internet deal, I’ve yet to see 999 bullion sell for less than spot. The “brand name” status is something that the individual has to pay for, not the dealer. So, it would naturally trickle down to the price paid as the determining factor for the “quality” of your investment. Paying a premium for brand name bars does not necessarily carry over to the sell side. This may not be the case for a small sale from one individual to another. But the big buyers are the dealers, and they can handle the divestiture of your complete bullion investment. Imagine that you have 300 kilos of silver. Your potential individual buyers are limited, so it would be best to go to a dealer if you do not have the time to spend on dividing the investment into smaller lots for sales to individuals. The dealer will pay you close to spot for it. Would you rather have paid a higher premium for the brand name or a lower premium for products like Market Harmony’s?

Yep I saw it. That’s actually how I first got interested in coins many years ago but now I also earn money as a coin dealer by going to auctions etc. While looking through rolls you should also look for modern keydates though like the 1982p, 1983p and 1983d US Washington Quarters as you can sell them on Ebay at 3 bucks a quarter or can sell them by the roll at 30-40usd to dealers. I used to go get 2,000+ dollars worth of rolls at a time and search through them on a bi weekly basis and it did well but I eventually grew tired of doing it.

Have you tried Craigslist? You’d should put ad on there saying you want to buy silver or gold as unbelievably people will contact you wanting to sell at 15% under spot. I’m not sure if same works in Canada though as here in America we are far behind times in regards to PMs unlike in bullion loving nations where you can actually walk into banks and buy and sell bullion at daily pricing.

Now Ive given myself ideas for at least 10 new Ehow articles so I better go get started writing while crossing my fingers that the articles actually get published !!!!!!! HEHEHE

Steven

The point of the interview was to talk about business, marketing and online social marketing – but the shiny stuff is sure fun to ogle.

Did you see my slightly older post on Coin Roll Hunting?

In USA getting old pour Engelhard’s is quite easy and if you go to the coin and bullion auction you can usually pay 10% under spot (or exact spot after 10% buyers premium is added). My honest advise is to stick to the big names like Johnson-Matthey etc for silver and for gold stay with Internationally recognized bullion, your Canadian Maples are excellent and low premium.

Honestly, My advise is to invest in pre-33 US gold and even old British Sovereigns because metals have gone up so dramatically that numismatic premiums haven’t had a chance to catch up. For example look at some pre-33 numismatic gold prices now then compare them to when gold was at 500 an oz, you’ll quickly see the premiums are out of line. This stated what logically should happen when spot price settles at a new floor about twice where the floor was before? I had been thinking this for some time but also read it discussed in coinage magazine some time ago as well.

Other than that buy keydates as keydate coinage is a good investment and as new collectors enter the numismatic arena the price can only increased due to demand, as for obvious reasons no more 1889cc Morgan Dollars or 1916d Mercury Dimes are going to be produced which they can use to complete sets.

Now isn’t it funny how COMEX gets to manipulate PM prices and devalue them by selling more than what truly exists physically? If you or I tried to do what they are doing it would be criminal.

Below are some sites you may like.

http://jsmineset.com
http://www.gata.org

Anyway, I’m sorry for taking up so much posting space but this article is really about something that interests me as I’m a bullion bug LOL. You know Id like to see one of the pyramid bars mentioned though as I feel it would look very unique though maybe not stack very well =)

Steven

There is a decent demand for poured bars among silver bugs, a demand that older bars can’t seem to completely fill. No issues getting at least spot for MH silver at a coin shop – same as selling a generic round or bar. I’ve noticed MH is attracting a decent following now too. For example I saw one 10 ounce (first serial # in a series) go in a spirited auction for about far over spot. Remember that premiums on smaller names are less then found on the big brand name bars, yet it is hard to get the big premiums when you sell. A little diversity is good too – some big name stuff if you can avoid the huge premium, some generic, and some from an up and coming producer.

I cant imagine buying a copper bar as an investment but you know the reason to buy PM’s is not to build wealth but is rather to store wealth in such a manner that it becomes immune to inflation. You really should buy big named bars though like Engelhard for silver and for gold stick with ASE’s , Krugerrands, Maples etc that have international recognition. If you buy this off brand bullion I’m sad to say you’ll take a serious hit if ever you wish to dispose of them as new age bullion has no collector value at all save for maybe some of the stuff put out by the Liberty Dollar program.

Steven