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<p>[QUOTE="10gary22, post: 1016388, member: 23626"]I always bought bullion directly from a broker or dealer. The higher volume dealers have a set margin for buying and selling based on the ticker tape spot price. It seemed to be the most economical way to purchase and the highest return on a sale. I preferred 100oz Bars. They are heavy enough for a doorstop or paperweight and can still fit into a small floor safe. Coins always have a numismatic value that creates a premium that can fluctuate depending on demand the coin.</p><p> </p><p>The same holds true for gold of course, except bullion coins like the ML's and KRands are often sold near spot.</p><p> </p><p>NEVER, EVER, allow seller to vault your coins or bars ! Always take possession and remove them yourself to a location you control. Dealers have been known to sell vaulted coins to many different customers and disappear when called to deliver them.[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1016388, member: 23626"]I always bought bullion directly from a broker or dealer. The higher volume dealers have a set margin for buying and selling based on the ticker tape spot price. It seemed to be the most economical way to purchase and the highest return on a sale. I preferred 100oz Bars. They are heavy enough for a doorstop or paperweight and can still fit into a small floor safe. Coins always have a numismatic value that creates a premium that can fluctuate depending on demand the coin. The same holds true for gold of course, except bullion coins like the ML's and KRands are often sold near spot. NEVER, EVER, allow seller to vault your coins or bars ! Always take possession and remove them yourself to a location you control. Dealers have been known to sell vaulted coins to many different customers and disappear when called to deliver them.[/QUOTE]
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