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<p>[QUOTE="mikenoodle, post: 1071666, member: 307"]the coin vault is also selling these 5oz beauties, certified, of course, but by NGC as Gem Brilliant Uncirculated and selling them at 3499.99. Personally I might pay money for an AU-58 of these, but I digress...</p><p><br /></p><p>This program is an illustration of what I have been yelling from the rooftops for quite a while now. <b>Buying graded bullion coins is a bad idea!!!!</b> </p><p><br /></p><p>Look, folks, the US Govt has made clear that the prices will be relatively near bullion price from the authorized purchasers (around $1000). Does anyone believe for half a second that certifying this bullion makes them worth $3000-$4000 more? If so, think again.</p><p><br /></p><p>I have said that certified bullion is a waste of time and money as it commands no premiums, let alone the types of markup being charged by the TV hucksters. Now you can see the mark-up for yourself.</p><p><br /></p><p>Can anyone defend them now?[/QUOTE]</p><p><br /></p>
[QUOTE="mikenoodle, post: 1071666, member: 307"]the coin vault is also selling these 5oz beauties, certified, of course, but by NGC as Gem Brilliant Uncirculated and selling them at 3499.99. Personally I might pay money for an AU-58 of these, but I digress... This program is an illustration of what I have been yelling from the rooftops for quite a while now. [b]Buying graded bullion coins is a bad idea!!!![/b] Look, folks, the US Govt has made clear that the prices will be relatively near bullion price from the authorized purchasers (around $1000). Does anyone believe for half a second that certifying this bullion makes them worth $3000-$4000 more? If so, think again. I have said that certified bullion is a waste of time and money as it commands no premiums, let alone the types of markup being charged by the TV hucksters. Now you can see the mark-up for yourself. Can anyone defend them now?[/QUOTE]
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