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<p>[QUOTE="coinsternation, post: 545471, member: 15508"]<font face="Arial"><b>Bullion has a daily price and is very liquid.</b></font></p><p><font face="Arial">-Silver, Gold, Plat & Pall are all easy to convert to cash.</font></p><p><font face="Arial">-Some bullion is reportable to IRS on liquidation.</font></p><p><font face="Arial">-Bullion is considered suspect. It is an asset that has been confiscated in the past.</font></p><p><font face="Arial">-Bullion comes in bars, coins and rounds.</font></p><p><font face="Arial">-Bullion is not usually considered a collectable.</font></p><p><font face="Arial">-Bullion currency coins are backed by the issuing nation and have a face value.</font></p><p><font face="Arial">-Bullion bars are backed by the mint that issues them</font></p><p><font face="Arial">Pamp – Credit Suiss – Englhard – Canadian - Austrian Mint are the top brands.</font></p><p><font face="Arial">Marketing co’s often get their own stamp on bullion bars and rounds so you may see, Monex, AMPEX,</font><font face="Arial"> Scotia Mocatta, Silver Towne, and others in circulation.</font></p><p><font face="Arial">-Bullion may come in a sealed case stamped with an assay mark of authenticity or come with a certificate of authenticity.</font></p><p><font face="Arial">-Some people like 90% Silver bags of old USA backed currency and other people only want new assayed bullion coins in sealed containers. </font></p><p><font face="Arial">-Some people prefer .9999 fine gold (24k) because they may want it to be made into jewelry in the future. </font></p><p><font face="Arial">-Many people like the copper/gold mix coins (Eagles, Krugerrands) in a 22 k purity because they like the durability of a gold alloy coin.</font></p><p><font face="Arial">-Silver eagles and silver Euro Philharmonics are .999 pure but the Silver Canadian Maple is .9999 fine and may cost less than the eagle.</font></p><p><font face="Arial">Gold and silver bullion is so easy to liquidate that it is the ideal barter tool. </font></p><p><font face="Arial"><b>To purchase bullion you may have to pay Bid/Ask spreads, Premiums, Markups, Commissions, Service fees, Postage fees and Insurance and Handling fees. </b></font></p><p><br /></p><p><br /></p><p><font face="Arial"><b>I like to trade common date Numismatic coins and will use them as an alternative to bullion.</b> I hoard my rarities and only swap them for better grades. </font></p><p><br /></p><p><font face="Arial">Tax issues are different for these coins.</font></p><p><br /></p><p><font face="Arial"><b>Numismatics can build great wealth.</b> Good collectors make sets to auction off at a future date. Liquidity is not as great as common dates or bullion but returns can be amazing. Of course you need the right buyer and a good auction house. </font></p><p><br /></p><p><font face="Arial">Why are you considering the purchase of metal? <b>Rarities have terrible commissions/spreads that can take years to overcome.</b> Unless you know what you are doing, you can be throwing your money away….</font>[/QUOTE]</p><p><br /></p>
[QUOTE="coinsternation, post: 545471, member: 15508"][FONT=Arial][B]Bullion has a daily price and is very liquid.[/B][/FONT] [FONT=Arial]-Silver, Gold, Plat & Pall are all easy to convert to cash.[/FONT] [FONT=Arial]-Some bullion is reportable to IRS on liquidation.[/FONT] [FONT=Arial]-Bullion is considered suspect. It is an asset that has been confiscated in the past.[/FONT] [FONT=Arial]-Bullion comes in bars, coins and rounds.[/FONT] [FONT=Arial]-Bullion is not usually considered a collectable.[/FONT] [FONT=Arial]-Bullion currency coins are backed by the issuing nation and have a face value.[/FONT] [FONT=Arial]-Bullion bars are backed by the mint that issues them[/FONT] [FONT=Arial]Pamp – Credit Suiss – Englhard – Canadian - Austrian Mint are the top brands.[/FONT] [FONT=Arial]Marketing co’s often get their own stamp on bullion bars and rounds so you may see, Monex, AMPEX,[/FONT][FONT=Arial] Scotia Mocatta, Silver Towne, and others in circulation.[/FONT] [FONT=Arial]-Bullion may come in a sealed case stamped with an assay mark of authenticity or come with a certificate of authenticity.[/FONT] [FONT=Arial]-Some people like 90% Silver bags of old USA backed currency and other people only want new assayed bullion coins in sealed containers. [/FONT] [FONT=Arial]-Some people prefer .9999 fine gold (24k) because they may want it to be made into jewelry in the future. [/FONT] [FONT=Arial]-Many people like the copper/gold mix coins (Eagles, Krugerrands) in a 22 k purity because they like the durability of a gold alloy coin.[/FONT] [FONT=Arial]-Silver eagles and silver Euro Philharmonics are .999 pure but the Silver Canadian Maple is .9999 fine and may cost less than the eagle.[/FONT] [FONT=Arial]Gold and silver bullion is so easy to liquidate that it is the ideal barter tool. [/FONT] [FONT=Arial][B]To purchase bullion you may have to pay Bid/Ask spreads, Premiums, Markups, Commissions, Service fees, Postage fees and Insurance and Handling fees. [/B][/FONT] [FONT=Arial] [/FONT] [FONT=Arial][/FONT] [FONT=Arial][B]I like to trade common date Numismatic coins and will use them as an alternative to bullion.[/B] I hoard my rarities and only swap them for better grades. [/FONT] [FONT=Arial] [/FONT] [FONT=Arial]Tax issues are different for these coins.[/FONT] [FONT=Arial] [/FONT] [FONT=Arial][B]Numismatics can build great wealth.[/B] Good collectors make sets to auction off at a future date. Liquidity is not as great as common dates or bullion but returns can be amazing. Of course you need the right buyer and a good auction house. [/FONT] [FONT=Arial] [/FONT] [FONT=Arial]Why are you considering the purchase of metal? [B]Rarities have terrible commissions/spreads that can take years to overcome.[/B] Unless you know what you are doing, you can be throwing your money away….[/FONT][/QUOTE]
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