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<p>[QUOTE="Brett_in_Sacto, post: 2325930, member: 71510"]Welcome David, I think you're spot on (pun intended). <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie33" alt=":cigar:" unselectable="on" unselectable="on" /> </p><p><br /></p><p>The reason that silver eagles and maple leaves get a bit of a premium is because they're well recognized brands, and they are "technically" government minted - so there is something to be said for standardized quality.</p><p><br /></p><p>Kleenex vs. tissue if you will.</p><p><br /></p><p>Those that buy purely for bullion value will almost always go with the lowest price - others not knowing the difference (if any) will error on the side of caution and buy a well known product at a premium.</p><p><br /></p><p>The other thing to consider is your exit strategy and market for it. When you sell, will you be selling to a dealer, in a retail setting? All at once or in small pieces?</p><p><br /></p><p>I tend to buy silver eagles when I can get them at great prices during price dips in the metals market. They're good to sell in small quantity and do garner a big premium. If I need to liquidate immediately, I can usually get what I paid by selling them, more if the metals market is strong.</p><p><br /></p><p>Generic bullion is a bit tougher to get a premium on. In a market like Ebay, if you try and buy/sell immediately you take it in the shorts with the ebay fees and shipping. Also, generic bullion sells better as the demand increases. Right now people can be selective and there's more supply than demand (in theory). There have been a few opportunities recently where I've paid closer to bullion price for premium brands and ASE's.</p><p><br /></p><p>I buy larger size bars in generic bullion to keep the premium down. 10oz bars are great investment material. Enough to have a bit of worth to each bar, small enough to increment sales and purchases. That said, you won't get a premium when you sell it - so this is bullion to hold for price appreciation - at least in my mind.</p><p><br /></p><p>Cheers to ya, and invest wisely![/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2325930, member: 71510"]Welcome David, I think you're spot on (pun intended). :cigar: The reason that silver eagles and maple leaves get a bit of a premium is because they're well recognized brands, and they are "technically" government minted - so there is something to be said for standardized quality. Kleenex vs. tissue if you will. Those that buy purely for bullion value will almost always go with the lowest price - others not knowing the difference (if any) will error on the side of caution and buy a well known product at a premium. The other thing to consider is your exit strategy and market for it. When you sell, will you be selling to a dealer, in a retail setting? All at once or in small pieces? I tend to buy silver eagles when I can get them at great prices during price dips in the metals market. They're good to sell in small quantity and do garner a big premium. If I need to liquidate immediately, I can usually get what I paid by selling them, more if the metals market is strong. Generic bullion is a bit tougher to get a premium on. In a market like Ebay, if you try and buy/sell immediately you take it in the shorts with the ebay fees and shipping. Also, generic bullion sells better as the demand increases. Right now people can be selective and there's more supply than demand (in theory). There have been a few opportunities recently where I've paid closer to bullion price for premium brands and ASE's. I buy larger size bars in generic bullion to keep the premium down. 10oz bars are great investment material. Enough to have a bit of worth to each bar, small enough to increment sales and purchases. That said, you won't get a premium when you sell it - so this is bullion to hold for price appreciation - at least in my mind. Cheers to ya, and invest wisely![/QUOTE]
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