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<p>[QUOTE=&quot;autograf, post: 2177633, member: 74416&quot;]I&#039;m by no means an expert but have bought about 10 oz of gold this year.&nbsp; I&#039;ve bought most of the gold from APMEX and look for times when they have bargains.&nbsp; I certainly wouldn&#039;t drop all $50K into a single purchase.&nbsp; I would look to spend $3-$5K buying gold per purchase.&nbsp; I&#039;d look for specials that they have and figure out what gold pieces have the lowest premium on them.&nbsp; When possible, try to combine ebay bucks and credit cards where you can get 1-2% cashback or some bonus as well.&nbsp; APMEX and MCM on ebay do probably some of the bigger promotions.&nbsp; They always have some promotion going on for the most part--silver or gold.&nbsp; </p><p><br /></p><p>I&#039;ve found it tough to buy PM&#039;s at my local coin shop as with the 6% state tax, it&#039;s tough to match pricing from APMEX.&nbsp; Where they do compete some is on some numismatic coins that you might like to add to a collection.&nbsp; And they&#039;ve also sold me some tougher date 1/10 oz gold pieces at prices well below what I could buy them from off ebay/APMEX/MCM.</p><p><br /></p><p>I like numismatic coins as well and have bought some of them but they have MUCH more premium than bullion does obviously.&nbsp; Easy rule is the smaller the piece....1/10 oz versus 1 oz, the larger the premium.&nbsp; The Buffaloes at $1217 a couple weeks ago were a great deal as it was about $20 premium above spot (and WELL below what I bought my lone Buffalo for back in February).&nbsp; I didn&#039;t buy the most recent Buffalo deal because I didn&#039;t have the liquidity.&nbsp; I&#039;ve bought some oddball foreign coins from APMEX like Austrian Ducats, Mexican Gold, Uruguay and others and have gotten them below spot with the eBay bucks deals.&nbsp; Just be patient though and do the research like everyone has told you here.</p><p><br /></p><p>The biggest thing is WHY you are dumping $50K into gold?&nbsp; What&#039;s your endgame? And have a set procedure for buying.&nbsp; You are in a great spot IF you have $50K sitting waiting to buy.&nbsp; Buy on dips.&nbsp; Wait on crests.&nbsp; And realize there&#039;s no guarantees with gold as there isn&#039;t with ANY investment.&nbsp; Hopefully $50K is a small portion of your total holdings.&nbsp; Physical Gold and Silver is a fun hobby and investment.&nbsp; Just be sure to be realistic.[/QUOTE]</p><p><br /></p>

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