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<p>[QUOTE="doug444, post: 2696285, member: 38849"]We're back to the big problem with high-denomination PM's -- down the line, if you want to acquire something inexpensive, like batteries or a first-aid kit or a pair of shoes, etc., who is going to "make change" for that 10-ounce bar, without imposing a heavy discount?</p><p><br /></p><p>When a merchant-trader or speculator offers 80% of spot for your big silver bars or gold eagles, take it or leave it, you can remember this day. I noticed a new sign at our local Dairy</p><p>Queen -- "We do not accept bills larger than $20," and that has nothing to do with <i>legal tender</i>.</p><p><br /></p><p>This is why you pay a 15% to 20% premium for 1/10th ounce gold, weight for weight, compared to 1 ounce gold. However, I'd much rather have 90% dimes and quarters. </p><p><br /></p><p>And I DO. I have exactly <u>zero</u> rounds, bars, or ingots. Just my opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 2696285, member: 38849"]We're back to the big problem with high-denomination PM's -- down the line, if you want to acquire something inexpensive, like batteries or a first-aid kit or a pair of shoes, etc., who is going to "make change" for that 10-ounce bar, without imposing a heavy discount? When a merchant-trader or speculator offers 80% of spot for your big silver bars or gold eagles, take it or leave it, you can remember this day. I noticed a new sign at our local Dairy Queen -- "We do not accept bills larger than $20," and that has nothing to do with [I]legal tender[/I]. This is why you pay a 15% to 20% premium for 1/10th ounce gold, weight for weight, compared to 1 ounce gold. However, I'd much rather have 90% dimes and quarters. And I DO. I have exactly [U]zero[/U] rounds, bars, or ingots. Just my opinion.[/QUOTE]
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