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Can buying older gold get you closer to spot?
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<p>[QUOTE="jCHILD in Radnor Twp PA, post: 2080090, member: 73175"]my gold/silver people tell me there are Three schools of thought on this:</p><p><br /></p><p>One Approach: Buy Gold or Silver Eagles or another Gov't-issued coin (Canadian Maples, OZ-Koukaburras & Koalas, Austrian Philharmonics, etc); pay the premium and you'll supposedly get your premium back at resale? This approach is supposedly the "most main stream" as everybody knows these coins... ?</p><p><br /></p><p>Other Approach: Buy Gold or Silver Rounds from private mints in which the premium is way less & pay as close to spot half as possible ... ?</p><p><br /></p><p>Yet Another Approach: Buy privately minted ingots (from NTR or OPM or instance) which apparently have the same premium as the Rounds... ?</p><p><br /></p><p>I'm guessing that the Rounds would be as recognizable as Gov't Issued among the Gold Community, right? So why pay extra?</p><p>John in Garrett Hill PA Radnor Twp FedDistrict#3: Philly[/QUOTE]</p><p><br /></p>
[QUOTE="jCHILD in Radnor Twp PA, post: 2080090, member: 73175"]my gold/silver people tell me there are Three schools of thought on this: One Approach: Buy Gold or Silver Eagles or another Gov't-issued coin (Canadian Maples, OZ-Koukaburras & Koalas, Austrian Philharmonics, etc); pay the premium and you'll supposedly get your premium back at resale? This approach is supposedly the "most main stream" as everybody knows these coins... ? Other Approach: Buy Gold or Silver Rounds from private mints in which the premium is way less & pay as close to spot half as possible ... ? Yet Another Approach: Buy privately minted ingots (from NTR or OPM or instance) which apparently have the same premium as the Rounds... ? I'm guessing that the Rounds would be as recognizable as Gov't Issued among the Gold Community, right? So why pay extra? John in Garrett Hill PA Radnor Twp FedDistrict#3: Philly[/QUOTE]
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