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<p>[QUOTE="catbox_9, post: 180600, member: 7344"]If you're looking mostly for an investment, stick to bullion. You need less knowledge on coins and if you only buy coins for their metal value it is almost impossible to make a big mistake (you might spend a few cents per ounce too much but that's not a big deal). You say you have $5K to start with, if that is the case and you want any gold/platinum, do not buy the 1/10 oz. coins (or any fractional ounce for that matter). The only gold I own is 1/10 oz. because it's the cheapest but in a way it's the most expensive. 10 1/10 oz. gold coins will cost much more than 1 1 oz. coin. The smaller the coin the higher the premium. Buying coins strictly for their metal value is a good way to go, that's how I started. I prefer the 90% silver since it is still a collection - you can buy folders/albums to put the coins in and you end up with a nice collection of coins in addition to a ton of extra "junk". When purchasing 90% silver I buy as much as I can afford for the lowest price per ounce I can get. I don't care what the denomination or years are, I'll worry about that when it comes in. If you get a bunch of the 90% silver you'll more than likely get many different types of coins (there are 3 common styles of half dolalrs, 2 types of dollars, 2-3 quarters, 3 dimes) and that's what sparked my interest on coins in general. eBay is a great place to get stuff because a lot of sellers will throw in a good mix of nice looking 1960s silver with some poor examples of older stuff. They're all worth the same but the old coins can be pretty neat while the 1960s silver looks like the money you find in change today (other than the fact one is silver). Also, I've gotten a lot of bonus non-silver in eBay auctions that is kind of cool, too. My favorite is an Antebellum (pre- Civil War) Large penny. It's from 1827 and it was free with some silver I bought. Other than the hole right in the middle of it, it's in pretty goood shape.[/QUOTE]</p><p><br /></p>
[QUOTE="catbox_9, post: 180600, member: 7344"]If you're looking mostly for an investment, stick to bullion. You need less knowledge on coins and if you only buy coins for their metal value it is almost impossible to make a big mistake (you might spend a few cents per ounce too much but that's not a big deal). You say you have $5K to start with, if that is the case and you want any gold/platinum, do not buy the 1/10 oz. coins (or any fractional ounce for that matter). The only gold I own is 1/10 oz. because it's the cheapest but in a way it's the most expensive. 10 1/10 oz. gold coins will cost much more than 1 1 oz. coin. The smaller the coin the higher the premium. Buying coins strictly for their metal value is a good way to go, that's how I started. I prefer the 90% silver since it is still a collection - you can buy folders/albums to put the coins in and you end up with a nice collection of coins in addition to a ton of extra "junk". When purchasing 90% silver I buy as much as I can afford for the lowest price per ounce I can get. I don't care what the denomination or years are, I'll worry about that when it comes in. If you get a bunch of the 90% silver you'll more than likely get many different types of coins (there are 3 common styles of half dolalrs, 2 types of dollars, 2-3 quarters, 3 dimes) and that's what sparked my interest on coins in general. eBay is a great place to get stuff because a lot of sellers will throw in a good mix of nice looking 1960s silver with some poor examples of older stuff. They're all worth the same but the old coins can be pretty neat while the 1960s silver looks like the money you find in change today (other than the fact one is silver). Also, I've gotten a lot of bonus non-silver in eBay auctions that is kind of cool, too. My favorite is an Antebellum (pre- Civil War) Large penny. It's from 1827 and it was free with some silver I bought. Other than the hole right in the middle of it, it's in pretty goood shape.[/QUOTE]
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