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<p>[QUOTE="Jason.A, post: 2828761, member: 87620"]The best bullion to buy is government-issued, high security single ounce gold coins and "junk" circulated silver. How did I come to this conclusion?</p><p><br /></p><p><b>These are the things that matter most to me, in order: </b></p><p>1. Security. Particularly with the higher the value, the more interested I am in owning bullion that has the lowest risk of counterfeiting as possible. I don't want to lose my investment, and I want the easiest resale possible, which will come when my buyer also knows what he's buying is safe.</p><p>2. Low premium. This should be self explanatory, but basically I want to invest with the lowest risk possible and I want to maximize the return when I go to sell. The more premium I have paid, the higher the risk and the more I would have to wait for the price of the metal to rise before I could make a profit reselling it.</p><p>3. Storage. We all know owning metals is a burden due to storage. Metals are heavy, take up space, and are untraceable in the event of theft. The higher value I can store in the smallest weight and area possible, the better.</p><p>Some of these points were made in my previous thread: <a href="https://www.cointalk.com/threads/the-case-to-be-made-for-gold-vs-silver.299858/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/the-case-to-be-made-for-gold-vs-silver.299858/">https://www.cointalk.com/threads/the-case-to-be-made-for-gold-vs-silver.299858/</a></p><p><br /></p><p><br /></p><p>Based on the three things that matter to me, I argued it was</p><p><b>It is</b> <b>smartest to own gold over silver. I still believe that is so. To summarize:</b></p><p><br /></p><p>1. <b>Security: </b>tie between gold and silver Government-issued bullion coins, such as Maple Leafs, have hard to counterfeit radial lines and privy marks. Comparing gold to silver Maples, this is a tie, because both have the same features.</p><p>2. <b>Low premium</b>: Hands down, gold is the winner. Today gold is $1291. A 1oz Gold Maple on JMbullion is $1341. That's a premium of 3.8% and a loss of $50 paid over spot.</p><p>Silver is $17.12. Silver Maples on JMbullion, buying a quantity of over 25, is $19.61 each. To buy approximately the same amount of silver ($1341.00 worth) that is 68 silver Maples for $1333. In doing so, I would have paid a premium of 12.7% and lost $2.49 per coin and lost $169.32. In all scenarios, buying in nonfractional form results in the lowest premium.</p><p>Clearly buying gold vs silver is the smarter, low premium buy</p><p>3. <b>Storage:</b> Gold wins hands down: 1 ounce vs 68 ounces.</p><p><br /></p><p><br /></p><p>However, we all still like silver, right? I still want to own some silver. I don't just want a safe deposit box full of gold Maples and Eagles that I rarely visit. That's a little boring.</p><p><br /></p><p>So, owning <b>American and Canadian circulated "junk" silver is still a good, although not nearly as good, buy</b></p><p>1. Security is high on government issued currency. The details are fine and the age is apparent. Trying to replicate these details and make the coins appeared aged is a challenging task. Most counterfeiters wouldn't bother due to the low reward of counterfeiting of Mercury Dimes, for instance. Plus, reselling junk silver is very easy.</p><p>2. Most American junk silver can be purchased right at spot or hardly much over. Canadian junk can even be purchased for sometimes a little under. I regularly buy my Mercury Dimes at spot or a few percentage points over.</p><p>3. Still a loser in this category. Junk silver takes up lots of space. However, it is already circulated, so it may be fondled. Thus, it's worth buying.</p><p><br /></p><p><br /></p><p>So for those reasons, my advice is to buy full one ounce gold coins issued by a government mint. To supplement your gold bullion investing and to have a little fun, buying junk silver is the best way to go.[/QUOTE]</p><p><br /></p>
[QUOTE="Jason.A, post: 2828761, member: 87620"]The best bullion to buy is government-issued, high security single ounce gold coins and "junk" circulated silver. How did I come to this conclusion? [B]These are the things that matter most to me, in order: [/B] 1. Security. Particularly with the higher the value, the more interested I am in owning bullion that has the lowest risk of counterfeiting as possible. I don't want to lose my investment, and I want the easiest resale possible, which will come when my buyer also knows what he's buying is safe. 2. Low premium. This should be self explanatory, but basically I want to invest with the lowest risk possible and I want to maximize the return when I go to sell. The more premium I have paid, the higher the risk and the more I would have to wait for the price of the metal to rise before I could make a profit reselling it. 3. Storage. We all know owning metals is a burden due to storage. Metals are heavy, take up space, and are untraceable in the event of theft. The higher value I can store in the smallest weight and area possible, the better. Some of these points were made in my previous thread: [url]https://www.cointalk.com/threads/the-case-to-be-made-for-gold-vs-silver.299858/[/url] Based on the three things that matter to me, I argued it was [B]It is[/B] [B]smartest to own gold over silver. I still believe that is so. To summarize:[/B] 1. [B]Security: [/B]tie between gold and silver Government-issued bullion coins, such as Maple Leafs, have hard to counterfeit radial lines and privy marks. Comparing gold to silver Maples, this is a tie, because both have the same features. 2. [B]Low premium[/B]: Hands down, gold is the winner. Today gold is $1291. A 1oz Gold Maple on JMbullion is $1341. That's a premium of 3.8% and a loss of $50 paid over spot. Silver is $17.12. Silver Maples on JMbullion, buying a quantity of over 25, is $19.61 each. To buy approximately the same amount of silver ($1341.00 worth) that is 68 silver Maples for $1333. In doing so, I would have paid a premium of 12.7% and lost $2.49 per coin and lost $169.32. In all scenarios, buying in nonfractional form results in the lowest premium. Clearly buying gold vs silver is the smarter, low premium buy 3. [B]Storage:[/B] Gold wins hands down: 1 ounce vs 68 ounces. However, we all still like silver, right? I still want to own some silver. I don't just want a safe deposit box full of gold Maples and Eagles that I rarely visit. That's a little boring. So, owning [B]American and Canadian circulated "junk" silver is still a good, although not nearly as good, buy[/B] 1. Security is high on government issued currency. The details are fine and the age is apparent. Trying to replicate these details and make the coins appeared aged is a challenging task. Most counterfeiters wouldn't bother due to the low reward of counterfeiting of Mercury Dimes, for instance. Plus, reselling junk silver is very easy. 2. Most American junk silver can be purchased right at spot or hardly much over. Canadian junk can even be purchased for sometimes a little under. I regularly buy my Mercury Dimes at spot or a few percentage points over. 3. Still a loser in this category. Junk silver takes up lots of space. However, it is already circulated, so it may be fondled. Thus, it's worth buying. So for those reasons, my advice is to buy full one ounce gold coins issued by a government mint. To supplement your gold bullion investing and to have a little fun, buying junk silver is the best way to go.[/QUOTE]
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