Discussion in 'Bullion Investing' started by Collecting Nut, Apr 7, 2019.
This is the oldest item in my collection.
The first photo is normal size.
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5% over? Sure. Cool purchase
10% over? Mmmm
25% uhhh, dude...
33% over spot. apparently you found a gift shop for ignorant tourists
About 5%, if that. The cost was less than the grading fee.
Did the grading fee factor in to the price you paid?
Gold is $1291 right now.
In other words, if that piece is half a gram or so that is $20.75 in gold. With a 5% premium, that is $21.78.
But a grading fee and holder might add anywhere from $10-$25.
So did you pay around $21.78 or did you pay around $40?!
Most forum members here and on Reddit or Youtube see other people's posts about their bullion and say "cool!" "I like it" "good job" but everything is completely uncritical. I don't want to be a jerk, but I will say plainly this was a bad buy if, including the grading fee, you paid more than 10% premium over spot.
No grading fees for me. I'm very pleased with the piece and the low price I paid. I own about 40 to 50 gold nuggets that weight about the same but they are all from Alaska and California and I paid less than spot for them. He's a great dealer. This was a great price and a good purchase. I'm very pleased to have it in my collection. Please enjoy and share my gladness in owning it.
It's gold and while I have no issues with the grading service I would not use them. They certified and slabbed a large number of items from the salvage company of this wreck who wanted a low price but also wanted certification of the items recovered.
Shoot, 'nut don't 'kiss and tell'. He's happy with what he's gotten, and satisfied with his purchase. He don't need a light shinning in his face and an endless stream of questions.
Yes, thank you. No grades attached, just a genuine certificate.
The OP made a minimal purchase for something he enjoys. Simple as that.... Ever go to a shopping mall sunglasses store and pay $150.00 for sunglasses because you like them when the same glasses are ten bucks at the dime store?.... Ever pay three bucks for a bottle of water (most plentiful substance on earth) then complain about $2.75 for a gallon of gas?..... No it isn’t just a bullion purchase. It’s the purchase of something that brings a level of happiness to the OP. We get one shot at finding some measure of joy on this spinning rock. Don't criticize the man for doing exactly that.
Thank you. Very well worded.
No, I do not.
Despite everything, it's fun.
It's fun to see them show up in a pan after moving a bit of dirt.
Another alternative way to invest in bullion.
These haven't seen the light of day in MANY MANY years.
I have a few of those as well.
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