Gold: Learning about it

Krugerrands!! $1248

 

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Yeah, it's like that on Provident Metals too, with the 1/10th ounce at 11% over spot which is lame. I am going with my LCS for my first ounce. $65 over spot with a $20-$25 over spot buy back (AGE).

 

Sometimes yes, sometimes no........

 

My LCS and others here charge about 5% premium for a 1 oz....sometimes I see dealers at coin shows charging as low as 3% or so (about $40).

But fractionals in the past cost 15-20% for 1/4 oz. and as much as 35% for a 1/10th or 1/20th ounce. I haven't priced in a while, but it was that way for years.

Very surprised the rest of you are seeing such small markups on fractional gold. The absolute dollar amount the dealer makes is neglible.

 

Anyone know if the airtite for a 1 ounce Gold Eagle works for a Gold Buffalo?

 

It should. According to the website linked below, the capsule should be the same (the two have the same diameter). Note: I didn't check if that was the best price available for the capsule, so you might want to look around (and consider shipping expenses).

http://www.bgasc.com/product/air-ti...-oz-gold-eagle-buffalo/air-tite-coin-capsules

 

while I am no professional ive been following gold and silver closely for past 10 years. I don't see gold falling any further than $1000 prob. wont hit below $ 1100 right now is a good time to buy one or 2 ounces now and watch golds spot price daily and if dips $50 to $75 buy few more. I think in the long term ( over 10-20 years will be up from now) also palladium has been running strong the past few years. steadily climbing up if you like coins and gold buy a slabbed ( certified by ngc or pcgs ) old "mint state" late 1800's gold $20 coin it will have collector value on top of bullion value ( must sit on it for around 20-40 years)

 

Yes. According to the Air-Tites website, the H32 size fits both.