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<p>[QUOTE="Rono, post: 202107, member: 6492"]Howdy again,</p><p> </p><p>With coins as with anything else, there is wholesale and retail and the spread is sometimes referred to as vigorish or the vig. It's like selling and buying a used car. No different.</p><p> </p><p>So, if you want a silver eagle, most good buys are going to be anywhere from $1.50 to $3.00 over spot. Plain silver rounds might be $1-$1.50 or so. However, when you go to sell them, most good dealers would offer you more over spot for the eagles than for the plain silver round - not as much as they charged you, but more. The difference is the spread.</p><p> </p><p>Now if you're going to go with silver rounds look for name brand stuff like Johnson & Matthey or Engelhard - it'll be stamped on them and makes them more fungible.</p><p> </p><p>In all honesty, if you're building a hoard, you probably want to own a variety of bullion types - silver eagles, plain silver rounds and ingots (you can get 1, 10 and 100 oz bars). I'd also get a few hundred dollars FACE value in pre-1964 US silver mixed coins. </p><p> </p><p>As for gold, you can do pretty much the same thing. Even gold eagles come in 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. Via some place like apmex, you could buy and stash some of the smaller sizes. And platinum comes the same way, but I doubt you could spend platinum for goods and services on any market . . . a 1/10 oz gold eagle would be a different story.</p><p> </p><p>And again, I'm not saying that the dollar is going to hell, etc., just giving you some ideas on how you might wish to proceed.</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 202107, member: 6492"]Howdy again, With coins as with anything else, there is wholesale and retail and the spread is sometimes referred to as vigorish or the vig. It's like selling and buying a used car. No different. So, if you want a silver eagle, most good buys are going to be anywhere from $1.50 to $3.00 over spot. Plain silver rounds might be $1-$1.50 or so. However, when you go to sell them, most good dealers would offer you more over spot for the eagles than for the plain silver round - not as much as they charged you, but more. The difference is the spread. Now if you're going to go with silver rounds look for name brand stuff like Johnson & Matthey or Engelhard - it'll be stamped on them and makes them more fungible. In all honesty, if you're building a hoard, you probably want to own a variety of bullion types - silver eagles, plain silver rounds and ingots (you can get 1, 10 and 100 oz bars). I'd also get a few hundred dollars FACE value in pre-1964 US silver mixed coins. As for gold, you can do pretty much the same thing. Even gold eagles come in 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz. Via some place like apmex, you could buy and stash some of the smaller sizes. And platinum comes the same way, but I doubt you could spend platinum for goods and services on any market . . . a 1/10 oz gold eagle would be a different story. And again, I'm not saying that the dollar is going to hell, etc., just giving you some ideas on how you might wish to proceed. peace, rono[/QUOTE]
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