Best price on 1/10 Eagles?

Discussion in 'Bullion Investing' started by FryDaddyJr, Jan 28, 2012.

  1. FryDaddyJr

    FryDaddyJr Junior Member

    what's your opinion. as in ordering one 1/10 ounce eagle.
     
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  3. rickmp

    rickmp Frequently flatulent.

    Too high of a premium that'll take almost forever to recover.
    Save to buy one ounce eagles, a much better deal on premium.
     
  4. FryDaddyJr

    FryDaddyJr Junior Member

    I didn't ask that, I just want to know the cheapest I can get a single one in the first place.
     
  5. rickmp

    rickmp Frequently flatulent.

    Your original post didn't ask this either.
    It asked my opinion on purchasing 1/10 oz gold. I gave it.
    Perhaps you should edit the original post so that the question is clear.
     
  6. FryDaddyJr

    FryDaddyJr Junior Member

    sorry i didn't mean to snap at you. I know it may not make as much sense as buying ounces, but I'd still like to own some and 'm getting a little silver heavy.
     
  7. rickmp

    rickmp Frequently flatulent.

    Go to your local B&M to possibly trade some silver for some gold.
    You might get a break on the premium. I did that a while back and
    made out quite well. I got an even swap, melt for melt.
    But still, the better deal is in one ouncers.
     
  8. McBlzr

    McBlzr Sr Professional Collector

  9. FryDaddyJr

    FryDaddyJr Junior Member

    I just want some diversity. shame they don't offer 10 coin rolls with a slight premium over oz's.
     
  10. Owle

    Owle Junior Member

    I have picked them up at coin shows for around the same premiums at gold eagles, most dealers pay no premium on those when buying and try to get top prices when selling.

    There is a company in Texas that was advertising them cheap in Scientific American, I think it was last spring. They will only do the deal once but you can pay by credit card! I think they were around $180 each, 10 units maximum.
     
  11. FryDaddyJr

    FryDaddyJr Junior Member

  12. trdtaco

    trdtaco Member

    Shop around I bought 3 for 175 each from a local gun/coin shop.. gold was at 1600 at the time
     
  13. Owle

    Owle Junior Member

    Try this company:

    Ten 1/10 Oz American gold eagles $1688 Shipped
    Ad is in Guns&Ammo October 2011 Issue
    Us Money Reserves
    877-334-2268
    Vault# GA516520
    165.20 +36 shipping Maximum 10 = $1688 Shipped for Ten
     
  14. FryDaddyJr

    FryDaddyJr Junior Member

    that's under spot. I probably won't deal with anyone without a web presence, besides a LCS
     
  15. Owle

    Owle Junior Member

    They usually go up to somewhat over spot. I don't know if they are still offering those at cost. I got my 10 with a CC.
     
  16. chip

    chip Novice collector

    Best I ever got was 5% over spot at a local we buy gold place, they buy gold but I asked if they also sell gold.
     
  17. TheCoinGeezer

    TheCoinGeezer Senex Bombulum

    Question seemed mighty clear to me.
     
  18. Hawkwing74

    Hawkwing74 Member

    Bought one at local store for about $201 ($174 after trading in about $27 in silver). Still seems high premium but it takes way too long for me to save up for an ounce.
     
  19. Clint

    Clint Member

    Hmm. Unless you're looking for a stack, I'd pay the extra $15 each and get proofs directly from the mint for $220.
     
  20. sodude

    sodude Well-Known Member

    The myth that these cost a big premium is wrong. I've bought all mine near spot from individuals and through special offers.
     
  21. Copper Head

    Copper Head Active Member

    For a small quantity, you might also consider something like a 2.5 or 5 gram bar. The premiums tend to be a little less than on fractional coins.
     
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