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<p>[QUOTE="krispy, post: 943626, member: 19065"]<b>Orange Gold: </b></p><p><br /></p><p>For example... Take a silver bullion coin like the US American Silver Eagle (not the proofs or "W" mint mark collector unc. versions), it is minted by the US Mint with a denomination of USD $1.00. Silver ask price (spot metal price) closed today in trading at $18.17. ASE's usually sell from bullion dealers at a bit higher than this, but if silver price ever fell below $1 the coin is still minted with a denominational value of $1 which you may use for that amount just like you use a paper $1 or other coin $1 now. The ASE is a silver $1 coin worth $1, but its composition of silver makes it more valuable as bullion than a $1 coin (currently). So, if you want to know if you should buy a bar vs a coin, I'd suggest you always buy a government issued coin when it comes to bullion as it's easier to liquidate, carries a bullion value and denominational value. Now, a larger bar might be easier to store more ounces of than individual coins and your premiums may be less as well buying larger bars than individual coins, but you must weigh your own reasons and decided for yourself, which is why I tell you to study before investing. This is a very glossary explanation, not steadfast reasoning to follow. Go do your own reading and homework on investing and see if it's right for you to store your wealth in bullion. There's much to learn and determine about yourself as an investor before you ever buy anything![/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 943626, member: 19065"][B]Orange Gold: [/B] For example... Take a silver bullion coin like the US American Silver Eagle (not the proofs or "W" mint mark collector unc. versions), it is minted by the US Mint with a denomination of USD $1.00. Silver ask price (spot metal price) closed today in trading at $18.17. ASE's usually sell from bullion dealers at a bit higher than this, but if silver price ever fell below $1 the coin is still minted with a denominational value of $1 which you may use for that amount just like you use a paper $1 or other coin $1 now. The ASE is a silver $1 coin worth $1, but its composition of silver makes it more valuable as bullion than a $1 coin (currently). So, if you want to know if you should buy a bar vs a coin, I'd suggest you always buy a government issued coin when it comes to bullion as it's easier to liquidate, carries a bullion value and denominational value. Now, a larger bar might be easier to store more ounces of than individual coins and your premiums may be less as well buying larger bars than individual coins, but you must weigh your own reasons and decided for yourself, which is why I tell you to study before investing. This is a very glossary explanation, not steadfast reasoning to follow. Go do your own reading and homework on investing and see if it's right for you to store your wealth in bullion. There's much to learn and determine about yourself as an investor before you ever buy anything![/QUOTE]
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