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<p>[QUOTE="ddddd, post: 2677730, member: 22377"]People have offered a lot of good suggestions for gold availble close to spot.</p><p><br /></p><p>However, one most note that for a coin to be offered near melt, it is likely that it won't have "good, easy resale value."</p><p><br /></p><p>Now it is true that sovereigns, gold pesos, $5 and $10 dollar US Mint gold commems, certain first spouse gold, and various other pieces can be bought close to spot. They can also be sold. However, expect to sell them for at least 2-3% under melt for it to be "easy" since many people don't like these coins. If spot goes up, that 2-3% under melt is good, but in other cases it is not. </p><p><br /></p><p>I prefer to stick to more traditional gold products like Gold Eagles, Maples, and Buffalos. The eBay daily deals page can often have specials where you can get one of those three for $15-$40 over spot per oz.</p><p>Another item to consider is Gold Pandas or Lunars. These might have a slightly higher premium but can also be considered semi-numismatic (meaning collectors may still pay a premium even if gold goes down...note that these are not items to be selling to your local coin store; they won't pay a premium).</p><p><br /></p><p>In general I'd say to diversify your gold. Get some gold near spot (commems, sovereigns, etc) for when spot rises; get some Eagles and Buffalos if your place to sell is a local coins store; explore other options like Pandas and Lunars for when spot goes down.[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 2677730, member: 22377"]People have offered a lot of good suggestions for gold availble close to spot. However, one most note that for a coin to be offered near melt, it is likely that it won't have "good, easy resale value." Now it is true that sovereigns, gold pesos, $5 and $10 dollar US Mint gold commems, certain first spouse gold, and various other pieces can be bought close to spot. They can also be sold. However, expect to sell them for at least 2-3% under melt for it to be "easy" since many people don't like these coins. If spot goes up, that 2-3% under melt is good, but in other cases it is not. I prefer to stick to more traditional gold products like Gold Eagles, Maples, and Buffalos. The eBay daily deals page can often have specials where you can get one of those three for $15-$40 over spot per oz. Another item to consider is Gold Pandas or Lunars. These might have a slightly higher premium but can also be considered semi-numismatic (meaning collectors may still pay a premium even if gold goes down...note that these are not items to be selling to your local coin store; they won't pay a premium). In general I'd say to diversify your gold. Get some gold near spot (commems, sovereigns, etc) for when spot rises; get some Eagles and Buffalos if your place to sell is a local coins store; explore other options like Pandas and Lunars for when spot goes down.[/QUOTE]
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