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<p>[QUOTE=&quot;krispy, post: 934157, member: 19065&quot;]So as an <i>investor</i> who buys bullion at coin shows, how often do you cart&nbsp; home 100 oz. bars? or <u>significant </u>quantities of bullion coins you&nbsp; pick up at the shows doing your <i>investing</i>? Are you an <i>investor</i> or a coin collector&nbsp; who picks up a few bullion pieces at the coin show at a decent price?&nbsp; There is a risk inherent in hauling your <i>investment</i> home from the&nbsp; coin show whereas taking delivery at ones P.O. Box or place of business&nbsp; is not as high of a risk getting possession of the bullion for a&nbsp; delivery fee, which an investor <i>will have</i> factored into the cost of the&nbsp; PMs they&#039;ve purchased for investment. </p><p><br /></p><p>So you save a bit on shipping buying a few rounds at the&nbsp; show, and undoubtedly for a few ounces you probably bought them at the&nbsp; best venue for the price, but what do you spend on security in the&nbsp; previous risk of hauling a sizeable investment back to your home safe or&nbsp; bank SDB on the Monday morning after the show? It&#039;s not so much a&nbsp; matter of concern for an <i>investor</i> to take possession of the&nbsp; metals the same day as the purchase was made on as it is with having&nbsp; locked in a buy price when the transaction was made, which is why timing&nbsp; may count for some<i> investors</i>. A patient <i>investor</i> has&nbsp; peace of mind that they have made the<i> investment</i> and will be&nbsp; taking secured delivery of the physical bullion soon thereafter. After&nbsp; all, these are not coins an <i>investor</i> is going to sit around&nbsp; ogling with a loupe like a <i>collector</i> might with their proof or&nbsp; collectible versions, they are going in a safe for long term holding. Collectors collect material things and satisfy an urge for tangible material possessions, the need to fulfill that urge places priority in the need to take possession of the thing collected the same day or asap after acquisition. The investor accomplished this with the carefully monitored and decisive price paid and will know at which price to sell later whether they ever actually touch or see the physical bullion itself.</p><p><br /></p><p>Also please provide us with some examples of the premiums you have paid&nbsp; over spot and what was the spot price at the time you bought from a coin&nbsp; show on a Sunday? While this may work just fine for you and others,&nbsp; still other <i>investors</i> may attend coin shows on weekdays when the&nbsp; market is in force and still others may be unable to attend shows at&nbsp; all, making other channels for buying PMs a necessary factor. What works&nbsp; for you doesn&#039;t always work for everyone else so there is no one way&nbsp; that is best no matter how much you feel your longevity of practice&nbsp; ought to dictate best practice towards others. I&#039;m glad to know you have&nbsp; a method that works for you but please offer it as your experience in&nbsp; the first place, not one that attempts to trump what you perceive as the&nbsp; folly of others&#039; investment practice.</p><p><br /></p><p>My point here has been offered before but it is to underscore a certain&nbsp; confusion of suggestions often made by &#039;bullion investors who are also&nbsp; numismatic collectors&#039; who enter the bullion investing forum bringing&nbsp; with them a particular attitude and/or perspective (opinion) about&nbsp; &#039;investing&#039; which is often aligned with approaches to dealing and buying&nbsp; coins and is not equally applicable to bullion investing concerns and&nbsp; practices. </p><p><br /></p><p>The numismatic mindset seeks bargains in different ways, with different&nbsp; goals in mind for the items they collect (or collectibles they invest&nbsp; in). Many come to the bullion investing forum and criticize the activity&nbsp; they see then fall into a line of reasoning supported by their&nbsp; numismatic practices. The two may be hard for some to separate and&nbsp; appear one in the same, but they need to be treated separately and&nbsp; understood that offering numismatic reasoning to a pure bullion investor&nbsp; not concerned with numismatic principles is not going to work anymore&nbsp; than a pure bullion buyer refusing to pay a numismatic premium on a coin&nbsp; to obtain the coin for its intrinsic metal value as an investment.&nbsp; Likewise, to cite your collectible silver buying price doesn&#039;t matter is&nbsp; the perspective of a collector unconcerned with bullion pricing and&nbsp; more so concerned with the numismatic or collectible premium than the&nbsp; price over spot premium. They are different and need to be addressed&nbsp; differently.</p><p><br /></p><p>I feel many numismatic collectors who invest in bullion do so, in part, as an extension of their collecting habits. Many are not &#039;serious&#039; bullion investors in the league with investors who buy large quantity physical PM investments like 100 oz bars, entire monster boxes of ASEs and large bags of junk silver. These are also investors of the Bullion Investing forum. It&#039;s important to distinguish the varieties of collectors, investors and combinations of the two so as not to belittle either sides best practice and misinterpret their investment goals. :smile[/QUOTE]</p><p><br /></p>

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