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<p>[QUOTE="Dymaxion22, post: 8611, member: 964"]I am looking for advice on the best way to buy small numbers of gold U.S. Eagles (just one or two at a time). I think they are very beautiful, and also am interested in having the diversification that a small amount of gold can add to one’s finances. I have many questions though.</p><p><br /></p><p>A quick comment first: I’ve been lurking here awhile and would just like to commend you all on an excellent forum with many knowledgeable, enthusiastic, and helpful members. I apologize if my questions aren’t exactly on topic for this forum, but if it is ok with you all, I’d love to pick your brains. If you’re aware of another forum that is more appropriate for my questions (and as helpful and unbiased as this one), please let me know. </p><p><br /></p><p>Ok, my first round of questions:</p><p><br /></p><p>First, if I am primarily interested in bullion coins as a precious metal (rather than numismatic) investment, how concerned should I be about date and condition, if at all? I presume date shouldn’t matter much. Condition must matter – but I presume I needn’t be looking at graded coins? (Also, when I asked some newbie questions to my local shop, I detected a hint of disdain in the guy’s voice – if the shop realizes they’re dealing with a rookie, am I likely to get inferior coins? How do I protect against this?)</p><p><br /></p><p>Second, two stores in my area sell the 1oz gold eagles for spot plus $25 (plus 5% tax here in MA for bullion purchases under $1000, or I guess I could head to CT where there is no such tax). This seems like the most simple approach, though perhaps not the cheapest. On the internet it looks like they can be had for spot plus $16 (or so) plus shipping, handling, and insurance. After shipping, handling, insurance, does this still work out to be a cheaper alternative in small quantity? Does anyone here have a reputable, trustworthy site they are confident recommending? Are there other options I’m not considering? (I’ve read a number of posts in this forum in which people state that they bought at “just over spot” – is $16 to $25 over spot for an ounce of gold considered “just over spot” or am I missing the boat?)</p><p><br /></p><p>Thanks in advance for your help![/QUOTE]</p><p><br /></p>
[QUOTE="Dymaxion22, post: 8611, member: 964"]I am looking for advice on the best way to buy small numbers of gold U.S. Eagles (just one or two at a time). I think they are very beautiful, and also am interested in having the diversification that a small amount of gold can add to one’s finances. I have many questions though. A quick comment first: I’ve been lurking here awhile and would just like to commend you all on an excellent forum with many knowledgeable, enthusiastic, and helpful members. I apologize if my questions aren’t exactly on topic for this forum, but if it is ok with you all, I’d love to pick your brains. If you’re aware of another forum that is more appropriate for my questions (and as helpful and unbiased as this one), please let me know. Ok, my first round of questions: First, if I am primarily interested in bullion coins as a precious metal (rather than numismatic) investment, how concerned should I be about date and condition, if at all? I presume date shouldn’t matter much. Condition must matter – but I presume I needn’t be looking at graded coins? (Also, when I asked some newbie questions to my local shop, I detected a hint of disdain in the guy’s voice – if the shop realizes they’re dealing with a rookie, am I likely to get inferior coins? How do I protect against this?) Second, two stores in my area sell the 1oz gold eagles for spot plus $25 (plus 5% tax here in MA for bullion purchases under $1000, or I guess I could head to CT where there is no such tax). This seems like the most simple approach, though perhaps not the cheapest. On the internet it looks like they can be had for spot plus $16 (or so) plus shipping, handling, and insurance. After shipping, handling, insurance, does this still work out to be a cheaper alternative in small quantity? Does anyone here have a reputable, trustworthy site they are confident recommending? Are there other options I’m not considering? (I’ve read a number of posts in this forum in which people state that they bought at “just over spot” – is $16 to $25 over spot for an ounce of gold considered “just over spot” or am I missing the boat?) Thanks in advance for your help![/QUOTE]
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