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<p>[QUOTE="InfleXion, post: 1232535, member: 29012"]The only things I can tell you with certainty are that you will get a diverse set of responses and what I do personally. I believe there are more than adequate fundamentals for gold and silver, but that silver has even more support than gold over the longterm for numerous reasons I will spare for now. Unless the gold/silver ratio reverts to a more historical average I will be very heavily weighted in silver. I am personally holding 75% of my liquid wealth in silver, which is higher than most. Of that silver, I like to have a diverse makeup. You are right that government backed coins are easier to sell and will retain their premiums in most cases, but in the event of systemic breakdown those could potentially go down to intrinsic value so it's really down to whatever helps you sleep at night. Ultimately if it says .999 pure and 1 oz and you can weigh it out to 31 grams you shouldn't have any trouble selling it, but you probably won't get as much for it either. Even less so with junk silver, but I like to have a little of that for smaller denominations, and the nostalgic collector in me. The other good thing about silver is you can buy some here, some there, without breaking your bank or overpaying. With gold I would not buy anything less than 1/4 oz due to higher premiums at smaller size. </p><p><br /></p><p>As far as who to buy from. APMEX is a reputable dealer. You may prefer Provident Metals or Gainsville Coins for better pricing. Northwest Territorial Mint has competetive deals on bulk purchases of generic bullion IF you call them, but their web site is overpriced. I like to shop around at coin shows and my local dealers for smaller purchases of the more desirable coins, but would go with APMEX or NWTM for a purchase that I wouldn't want to have to worry about. As far as ebay, it's a crap shoot. You might find stellar deals, or you might find a sheister. A lot of people like to use ebay, but I would tread carefully.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1232535, member: 29012"]The only things I can tell you with certainty are that you will get a diverse set of responses and what I do personally. I believe there are more than adequate fundamentals for gold and silver, but that silver has even more support than gold over the longterm for numerous reasons I will spare for now. Unless the gold/silver ratio reverts to a more historical average I will be very heavily weighted in silver. I am personally holding 75% of my liquid wealth in silver, which is higher than most. Of that silver, I like to have a diverse makeup. You are right that government backed coins are easier to sell and will retain their premiums in most cases, but in the event of systemic breakdown those could potentially go down to intrinsic value so it's really down to whatever helps you sleep at night. Ultimately if it says .999 pure and 1 oz and you can weigh it out to 31 grams you shouldn't have any trouble selling it, but you probably won't get as much for it either. Even less so with junk silver, but I like to have a little of that for smaller denominations, and the nostalgic collector in me. The other good thing about silver is you can buy some here, some there, without breaking your bank or overpaying. With gold I would not buy anything less than 1/4 oz due to higher premiums at smaller size. As far as who to buy from. APMEX is a reputable dealer. You may prefer Provident Metals or Gainsville Coins for better pricing. Northwest Territorial Mint has competetive deals on bulk purchases of generic bullion IF you call them, but their web site is overpriced. I like to shop around at coin shows and my local dealers for smaller purchases of the more desirable coins, but would go with APMEX or NWTM for a purchase that I wouldn't want to have to worry about. As far as ebay, it's a crap shoot. You might find stellar deals, or you might find a sheister. A lot of people like to use ebay, but I would tread carefully.[/QUOTE]
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