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<p>[QUOTE="NorthKorea, post: 1975517, member: 29643"]Personally, all things equal, I'd opt for ASEs or junk silver for a reason not usually covered. Many of the no-name silver rounds (not from a major silver distributor) are actually measured in AVDP ounces, not Tr ounces. So, buying a one ounce round that isn't expressly marked troy runs the risk of losing ~9.7% as a haircut. If you're going to buy non-sovereign PM rounds, always verify the metal content in grams, so you know exactly what you're getting. Case in point would be NorFed dollars. The ones not marked troy ounces are only 28.35 grams of silver, as compared to the 31.10 grams that buyers assume they're getting.</p><p><br /></p><p>Edit: There's also the problem with the unregulated nature of non-sovereign bullion. For example, in 2008, NorFed manufactured both one ounce and 2/5 ounce $20 medallions. The one ounce ones go for $50-$65 on eBay (when a listing is able to end without getting pulled by eBay), while the 2/5 ounce ones are regularly offered for $15 on non-eBay sites. It makes it difficult to buy $20 NorFed medallions when there are no pictures for this very reason. Someone might end up spending $50+ on a 2/5 AVDP oz piece, unwittingly.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1975517, member: 29643"]Personally, all things equal, I'd opt for ASEs or junk silver for a reason not usually covered. Many of the no-name silver rounds (not from a major silver distributor) are actually measured in AVDP ounces, not Tr ounces. So, buying a one ounce round that isn't expressly marked troy runs the risk of losing ~9.7% as a haircut. If you're going to buy non-sovereign PM rounds, always verify the metal content in grams, so you know exactly what you're getting. Case in point would be NorFed dollars. The ones not marked troy ounces are only 28.35 grams of silver, as compared to the 31.10 grams that buyers assume they're getting. Edit: There's also the problem with the unregulated nature of non-sovereign bullion. For example, in 2008, NorFed manufactured both one ounce and 2/5 ounce $20 medallions. The one ounce ones go for $50-$65 on eBay (when a listing is able to end without getting pulled by eBay), while the 2/5 ounce ones are regularly offered for $15 on non-eBay sites. It makes it difficult to buy $20 NorFed medallions when there are no pictures for this very reason. Someone might end up spending $50+ on a 2/5 AVDP oz piece, unwittingly.[/QUOTE]
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