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<p>[QUOTE="CoinGal07, post: 326845, member: 8843"]1/10 oz is $5 gold - and it's encased whether BU or Proof.</p><p>2008 $1 silver is proof and encased. If you want burnished unc you have to purchase those from a dealer unless the mint issues the 2008 W burnished unc (as they have just began issuing the SAE in unc the past two years)</p><p> </p><p>You can get BU SAE's from a dealer and depending upon quantity usually get them 25 to 50 cents over spot. If you just want 'bullion' there are silver rounds that may sell right at spot because of the lack of numismatic value. And if you want 100 oz bricks of silver you get those closer to spot as well. Again.. it's all in the quantity.</p><p> </p><p>Me personally.. I'd stay away from 1/10 oz gold unless thats all you want to budget weekly / monthly because you pay more per each coin than buying one solid ounce of gold. Again.. that's if you want bullion vs coin.</p><p> </p><p>The coins look sweet, I agree, but you are paying $35 for a proof silver coin that's more than double silver spot so you are investing a LOT more than bullion.</p><p> </p><p>I think you need to decide ... do you want to buy nice coins, possibly rare coins that will improve in value over time) or bullion. </p><p> </p><p>With bullion - Keep in mind you're going to pay over spot going in, and sell under spot coming out. If the market spikes you could make some good money but again, it's all about the quantity. Do you want to / are you able to tie up $18k in a roll of gold eagles and sit on those in the hopes that gold spikes to $1000 an oz and you make $2k? </p><p> </p><p>Small amounts... very risky. I have several friends who try to rationalize that they've bought ONE gold coin on a credit card hoping to get rich. So they've charged $900 to $2000 on a few gold / silver coins on the hopes that market spikes.. but don't take into account the interest they pay on that card monthly until they do sell.[/QUOTE]</p><p><br /></p>
[QUOTE="CoinGal07, post: 326845, member: 8843"]1/10 oz is $5 gold - and it's encased whether BU or Proof. 2008 $1 silver is proof and encased. If you want burnished unc you have to purchase those from a dealer unless the mint issues the 2008 W burnished unc (as they have just began issuing the SAE in unc the past two years) You can get BU SAE's from a dealer and depending upon quantity usually get them 25 to 50 cents over spot. If you just want 'bullion' there are silver rounds that may sell right at spot because of the lack of numismatic value. And if you want 100 oz bricks of silver you get those closer to spot as well. Again.. it's all in the quantity. Me personally.. I'd stay away from 1/10 oz gold unless thats all you want to budget weekly / monthly because you pay more per each coin than buying one solid ounce of gold. Again.. that's if you want bullion vs coin. The coins look sweet, I agree, but you are paying $35 for a proof silver coin that's more than double silver spot so you are investing a LOT more than bullion. I think you need to decide ... do you want to buy nice coins, possibly rare coins that will improve in value over time) or bullion. With bullion - Keep in mind you're going to pay over spot going in, and sell under spot coming out. If the market spikes you could make some good money but again, it's all about the quantity. Do you want to / are you able to tie up $18k in a roll of gold eagles and sit on those in the hopes that gold spikes to $1000 an oz and you make $2k? Small amounts... very risky. I have several friends who try to rationalize that they've bought ONE gold coin on a credit card hoping to get rich. So they've charged $900 to $2000 on a few gold / silver coins on the hopes that market spikes.. but don't take into account the interest they pay on that card monthly until they do sell.[/QUOTE]
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