Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is bigger always better when it comes to bullion?
>
Reply to Thread
Message:
<p>[QUOTE="Gam3rBlake, post: 6445429, member: 115909"]When it comes to buying bullion there is always the pitch of “the more you buy the less premium you pay!”.</p><p><br /></p><p>A 10 oz bar of gold has a much lower premium than buying 10x 1oz bars of gold.</p><p><br /></p><p>But is bigger always better?</p><p><br /></p><p>It seems like there is much less liquidity.</p><p><br /></p><p>Let’s say you only need a few thousand dollars.</p><p><br /></p><p>Maybe your dog/cat got sick/injured and you have to pay a vet bill.</p><p><br /></p><p>Or maybe your water heater broke and you need to replace it.</p><p><br /></p><p>Well if you have a 10 oz gold bar you have to sell the whole thing and then you end up with like $18,000 in cash and no metals when you only needed a couple thousand dollars.</p><p><br /></p><p>Whereas if you had 10x 1 oz bars you could sell 1-2 of them for that few thousand dollars and keep the rest of your PMs.</p><p><br /></p><p>What do you think?</p><p><br /></p><p>Would you rather pay a lower premium and have less liquidity or pay a bit more and have that liquidity?</p><p><br /></p><p>Just curious <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 6445429, member: 115909"]When it comes to buying bullion there is always the pitch of “the more you buy the less premium you pay!”. A 10 oz bar of gold has a much lower premium than buying 10x 1oz bars of gold. But is bigger always better? It seems like there is much less liquidity. Let’s say you only need a few thousand dollars. Maybe your dog/cat got sick/injured and you have to pay a vet bill. Or maybe your water heater broke and you need to replace it. Well if you have a 10 oz gold bar you have to sell the whole thing and then you end up with like $18,000 in cash and no metals when you only needed a couple thousand dollars. Whereas if you had 10x 1 oz bars you could sell 1-2 of them for that few thousand dollars and keep the rest of your PMs. What do you think? Would you rather pay a lower premium and have less liquidity or pay a bit more and have that liquidity? Just curious :)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is bigger always better when it comes to bullion?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...