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<p>[QUOTE="WRSiegel, post: 2879105, member: 31417"]Well Kentucky if I ever end up with any milk spots I'll let you know <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Oobaa, you're right in that government bullion usually does command a premium over generic rounds and bars. I pay a premium for government minted bullion because of at least my perception they are more difficult to counterfeit. Avoiding counterfeits can also be done by purchasing from reputable dealers and learning as much as you can about what you're buying. That includes design attributes, weight, diameter, magnetic properties, etc. That being said, there are great fakes out there for everything, and it's possible to fake both government bullion and generics.</p><p><br /></p><p>The one aspect of premiums is that they stay relatively constant when buying and selling. So you if you're looking to get as many ounces for your dollar as possible, you'll likely find your best deals buying rounds and bars (assuming you want to stay .999+ fineness). However, when you go to sell, you'll get close to spot. If you buy government bullion, you'll likely pay a couple dollars over spot more than you would for generic. But again, when you go to sell you'll still likely get over spot, making it a similar investment to generic.</p><p><br /></p><p>What I personally like to do is look for those deals on government issued (like this weekends Provident deal) and buy then. I like the collectible aspect of government issued as well as the safety. I buy what I like even when there are high premiums because I'm more a collector than an investor, along with those Britannias I'll be picking up some Lunar Series dogs as well for over $26/oz. I also believe Lunar Series coins will maintain those high premiums when I go to sell so I'm not worried.</p><p><br /></p><p>Long story short, buy what makes the most sense for you, understand that premiums go both ways, and I think you'll enjoy buying bullion <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="WRSiegel, post: 2879105, member: 31417"]Well Kentucky if I ever end up with any milk spots I'll let you know :) Oobaa, you're right in that government bullion usually does command a premium over generic rounds and bars. I pay a premium for government minted bullion because of at least my perception they are more difficult to counterfeit. Avoiding counterfeits can also be done by purchasing from reputable dealers and learning as much as you can about what you're buying. That includes design attributes, weight, diameter, magnetic properties, etc. That being said, there are great fakes out there for everything, and it's possible to fake both government bullion and generics. The one aspect of premiums is that they stay relatively constant when buying and selling. So you if you're looking to get as many ounces for your dollar as possible, you'll likely find your best deals buying rounds and bars (assuming you want to stay .999+ fineness). However, when you go to sell, you'll get close to spot. If you buy government bullion, you'll likely pay a couple dollars over spot more than you would for generic. But again, when you go to sell you'll still likely get over spot, making it a similar investment to generic. What I personally like to do is look for those deals on government issued (like this weekends Provident deal) and buy then. I like the collectible aspect of government issued as well as the safety. I buy what I like even when there are high premiums because I'm more a collector than an investor, along with those Britannias I'll be picking up some Lunar Series dogs as well for over $26/oz. I also believe Lunar Series coins will maintain those high premiums when I go to sell so I'm not worried. Long story short, buy what makes the most sense for you, understand that premiums go both ways, and I think you'll enjoy buying bullion :)[/QUOTE]
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