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<p>[QUOTE="jimmy_goodfella, post: 7354, member: 919"]williamtipton i agree on pool accounts for some reson i just dont trust them, im always thinking there gonna skip town or gamble my PM away.Or maybe not even have the darn stuff at all.</p><p><br /></p><p><br /></p><p><br /></p><p>siver art bar fella :- its quite simple realy you buy the cheapest silver you can in any form that has the smallest over spot, and the you should expect as a minimum to get back a max of 5% under spot when you sell.</p><p><br /></p><p>That is the spread just like in any market whenever its shares or gold or bonds or whatever.The idea is to find the smallest spread with the product you feel will increase in value.However i wouldnt sell my gold bars to a dealer like kitco as i could realise more selling on the likes of ebay for it even with the sell costs taken out.infact if you buy right you can eliminate the spread alltogether, try to buy like a dealer like you are buying to sell tomorrow not hold for 2 years.I think thats best advice i can give you.your spread maximum should only be the cost to sell it again for the same price.</p><p><br /></p><p>Ive been collecting gold sovereigns for few years now and have a sizeable chunk of then now about 400 full and 150 halfves.And i can honestly say i never payed more than 60 pound each for them and there gold content alone is worth 55 pounds.and they sell for a min of 65 now and rising.</p><p><br /></p><p>Personaly my reason for buying them is they not only have bullion value but collector value too and every now and then you pick up one worth 3 times gold value or so for just bullion if you know what to buy.I never understand people that just buy kuggers or eagles there often missing out on half the potential profit.[/QUOTE]</p><p><br /></p>
[QUOTE="jimmy_goodfella, post: 7354, member: 919"]williamtipton i agree on pool accounts for some reson i just dont trust them, im always thinking there gonna skip town or gamble my PM away.Or maybe not even have the darn stuff at all. siver art bar fella :- its quite simple realy you buy the cheapest silver you can in any form that has the smallest over spot, and the you should expect as a minimum to get back a max of 5% under spot when you sell. That is the spread just like in any market whenever its shares or gold or bonds or whatever.The idea is to find the smallest spread with the product you feel will increase in value.However i wouldnt sell my gold bars to a dealer like kitco as i could realise more selling on the likes of ebay for it even with the sell costs taken out.infact if you buy right you can eliminate the spread alltogether, try to buy like a dealer like you are buying to sell tomorrow not hold for 2 years.I think thats best advice i can give you.your spread maximum should only be the cost to sell it again for the same price. Ive been collecting gold sovereigns for few years now and have a sizeable chunk of then now about 400 full and 150 halfves.And i can honestly say i never payed more than 60 pound each for them and there gold content alone is worth 55 pounds.and they sell for a min of 65 now and rising. Personaly my reason for buying them is they not only have bullion value but collector value too and every now and then you pick up one worth 3 times gold value or so for just bullion if you know what to buy.I never understand people that just buy kuggers or eagles there often missing out on half the potential profit.[/QUOTE]
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