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Re: Gold Bullion Bars vs. Coins
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<p>[QUOTE="Prime Mover, post: 1557231, member: 38783"]Diversify the gold. I think BioEtOH had a very good post, and I would second most of what was said there. However, I would throw in there that Krugerrands are also well enough known, and you shouldn't leave them off your list. Stick with AGE (or buffaloes), Maple Leafs and Krugerrands, and I think you'll be plenty safe and be very able to sell them off anywhere if you need to.</p><p><br /></p><p>My personal opinion and strategy is to have more of the fractionals - in my case more 1/10 and 1/4 - than the full 1oz. Yes, they sell for a premium, but you can also resell for the same premium, so frankly I think it's a wash. I like the idea of being able to sell or trade a smaller amount at a time because it's very easy to move at lower prices, there's a larger base of buyers with that kind of available cash. Yes, you will always have the ability to sell back to the large shops any size coin, but in my opinion you will probably get more back on average selling private than to any dealer.</p><p><br /></p><p>I'm not a personal big fan of the bars, - a 1-gram bar is tiny, tiny. I stick to rounds.[/QUOTE]</p><p><br /></p>
[QUOTE="Prime Mover, post: 1557231, member: 38783"]Diversify the gold. I think BioEtOH had a very good post, and I would second most of what was said there. However, I would throw in there that Krugerrands are also well enough known, and you shouldn't leave them off your list. Stick with AGE (or buffaloes), Maple Leafs and Krugerrands, and I think you'll be plenty safe and be very able to sell them off anywhere if you need to. My personal opinion and strategy is to have more of the fractionals - in my case more 1/10 and 1/4 - than the full 1oz. Yes, they sell for a premium, but you can also resell for the same premium, so frankly I think it's a wash. I like the idea of being able to sell or trade a smaller amount at a time because it's very easy to move at lower prices, there's a larger base of buyers with that kind of available cash. Yes, you will always have the ability to sell back to the large shops any size coin, but in my opinion you will probably get more back on average selling private than to any dealer. I'm not a personal big fan of the bars, - a 1-gram bar is tiny, tiny. I stick to rounds.[/QUOTE]
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