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<p>[QUOTE="Clawcoins, post: 2984659, member: 77814"]I collect silver, gold and platinum; not really as an investment but because it looks pretty. lol I started buying ASEs, AGEs and APEs (Silver, Gold & Platinum eagles) back in 97 and although they have risen in valuation they pale in comparison to many other investments. There are certain years where they spike. If you bought before the spike and not during and sold at it's highs were you good.</p><p><br /></p><p>But in selling PMs it's best to sell it to another PM buyer to maximize you profits.</p><p><br /></p><p>As you may have noticed in Provident, if you buy Silver they have a buyback price which is below the selling price. This price excludes you Shipping the product to them. So you have to add in your shipping price to the overall cost. If you store your PM in say a Safety Deposit Box you should also add the cost of storage of your PMs to it's overall valuation.</p><p><br /></p><p>Since many buy small if you buy above $100 Provident Metals and Apmex are good places as they include free ground shipping.</p><p><br /></p><p>If you buy certain fancy rounds. You'll pay a premium. You'll have to find a specific buyer that likes the design. Otherwise many think a round of silver is just that, silver and won't want to pay a premium. There are many exceptions and many value certain stamps, etc differently.</p><p><br /></p><p>Dealers will give you spot or spot minus a little. It won't matter much if it's plain silver, an ASE or a Proof ASE. They'll think of it as just silver. of course on the back end they'll sell a Proof ASE for it's retail price. There are exceptions of course.</p><p><br /></p><p>Then there's markets such as eBay or Facebook, etc where you are more likely to get more for it, but then pay fees on the backend. You can also buy on those markets.</p><p><br /></p><p>As to places to buy from it really depends. Some online places have special sales which are great. Or a certain discount code, etc. So you have to watch out there on who has low prices. Depending upon how many you buy you also have to look at their shipping costs.</p><p><br /></p><p>Unless PMs spike I have no interest in selling my collection. Notice I use the term "collection" and not "investment." Back in 2011 I kept everything. I consider PMs a part of my entire portfolio, and even though the prices spiked I didn't sell as I didn't know what to do with the cash. I'd want to buy PMs with it .. lol .. no reason to sell then. I should have sold and bought stocks/mutual funds, that investment would have paid off nicely by comparison.</p><p><br /></p><p>As the charts below can show you PMs have mostly been going on a downwards trend over the last several years after spikes. Palladium being a recent exception.</p><p><br /></p><p>BTW, you mentioned Provident and APMEX. you'll have to watch prices closely. I think Provident is usually lower in ASEs than APMEX. BUt with gold Eagles they flip-flop. With Platinum APMEX seems consistently lower. But who knows over longer periods of time. It's always comparison shopping.</p><p><br /></p><p>Silver</p><p><img src="http://www.kitco.com/LFgif/ag95-pres.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>.</p><p>Platinum</p><p><img src="http://www.kitco.com/LFgif/pt92-pres.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>.</p><p>and here's Gold</p><p><img src="http://www.kitco.com/LFgif/au95-pres.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>.</p><p>Palladium</p><p><img src="http://www.kitco.com/LFgif/pd92-pres.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>..</p><p>Rhodium</p><p><img src="http://www.kitco.com/LFgif/rd00-09.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2984659, member: 77814"]I collect silver, gold and platinum; not really as an investment but because it looks pretty. lol I started buying ASEs, AGEs and APEs (Silver, Gold & Platinum eagles) back in 97 and although they have risen in valuation they pale in comparison to many other investments. There are certain years where they spike. If you bought before the spike and not during and sold at it's highs were you good. But in selling PMs it's best to sell it to another PM buyer to maximize you profits. As you may have noticed in Provident, if you buy Silver they have a buyback price which is below the selling price. This price excludes you Shipping the product to them. So you have to add in your shipping price to the overall cost. If you store your PM in say a Safety Deposit Box you should also add the cost of storage of your PMs to it's overall valuation. Since many buy small if you buy above $100 Provident Metals and Apmex are good places as they include free ground shipping. If you buy certain fancy rounds. You'll pay a premium. You'll have to find a specific buyer that likes the design. Otherwise many think a round of silver is just that, silver and won't want to pay a premium. There are many exceptions and many value certain stamps, etc differently. Dealers will give you spot or spot minus a little. It won't matter much if it's plain silver, an ASE or a Proof ASE. They'll think of it as just silver. of course on the back end they'll sell a Proof ASE for it's retail price. There are exceptions of course. Then there's markets such as eBay or Facebook, etc where you are more likely to get more for it, but then pay fees on the backend. You can also buy on those markets. As to places to buy from it really depends. Some online places have special sales which are great. Or a certain discount code, etc. So you have to watch out there on who has low prices. Depending upon how many you buy you also have to look at their shipping costs. Unless PMs spike I have no interest in selling my collection. Notice I use the term "collection" and not "investment." Back in 2011 I kept everything. I consider PMs a part of my entire portfolio, and even though the prices spiked I didn't sell as I didn't know what to do with the cash. I'd want to buy PMs with it .. lol .. no reason to sell then. I should have sold and bought stocks/mutual funds, that investment would have paid off nicely by comparison. As the charts below can show you PMs have mostly been going on a downwards trend over the last several years after spikes. Palladium being a recent exception. BTW, you mentioned Provident and APMEX. you'll have to watch prices closely. I think Provident is usually lower in ASEs than APMEX. BUt with gold Eagles they flip-flop. With Platinum APMEX seems consistently lower. But who knows over longer periods of time. It's always comparison shopping. Silver [IMG]http://www.kitco.com/LFgif/ag95-pres.gif[/IMG] . Platinum [IMG]http://www.kitco.com/LFgif/pt92-pres.gif[/IMG] . and here's Gold [IMG]http://www.kitco.com/LFgif/au95-pres.gif[/IMG] . Palladium [IMG]http://www.kitco.com/LFgif/pd92-pres.gif[/IMG] .. Rhodium [IMG]http://www.kitco.com/LFgif/rd00-09.gif[/IMG][/QUOTE]
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