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<p>[QUOTE="superc, post: 1815749, member: 44079"]Whatever 'art' bar (be it silver, gold, titanium or palladium) you buy, when it comes time to sell it to someone who has never seen one just like that one before, they will cut off a piece of it (which you don't get back) and assay it for purity. A small shop may even send the sample out to a third party contractor for the assay, so it may be a week or two before they wish to buy it from you. </p><p><br /></p><p>Alternatively, recognized local coins don't usually have this problem. I personally like old (worn with low collector value) Mercury dimes, and pre 1964 Washington quarters (72 to the pound av) and pre-64 Roosevelt dimes. If I lived in Canada I would accumulate Canadian coins, etc. I don't go with the older classic coins because then numismatics may enter into play and complicate the transaction issue. Heaven forbid I may accidentally accumulate a stash of rare Mercury dimes (think of a roll of 1916ds), but I think that is unlikely cause the rare ones are called rare for a reason, so just load up on worn 1942 Mercuries and worn 1963 or 64 Roosevelts. Plenty of Ebay auctions sell bags of cherry picked worn out silver coins. When you go to dump them the assay (beyond a weighing) isn't needed. Similar for junk Morgan and Peace dollars. There are even well circulated Walking Liberty bullion coins out there. Not pretty anymore, but still quickly transactable as bullion, you just have to look for them.</p><p><br /></p><p>Gold is harder. Non-slabbed Walking Liberty gold coins are good (here in America), Maple Leafs in Canada, etc. In America I also like the worn out or 'improperly cleaned' older gold coins. 'Improperly cleaned' (or jewelers holed) gold coins can sometimes be picked up at spot. Like I give a fig when buying quickly negotiable bullion how a previous owner treated his coin, LoL to that. Weight, purity, and recognition are what I seek. I would much rather buy a handful of improperly cleaned or with left over holes from dangling on a bracelet $1 or $2.50 US gold coins than pay top dollar for a single slabbed US Walking Liberty of similar cumulative face value.[/QUOTE]</p><p><br /></p>
[QUOTE="superc, post: 1815749, member: 44079"]Whatever 'art' bar (be it silver, gold, titanium or palladium) you buy, when it comes time to sell it to someone who has never seen one just like that one before, they will cut off a piece of it (which you don't get back) and assay it for purity. A small shop may even send the sample out to a third party contractor for the assay, so it may be a week or two before they wish to buy it from you. Alternatively, recognized local coins don't usually have this problem. I personally like old (worn with low collector value) Mercury dimes, and pre 1964 Washington quarters (72 to the pound av) and pre-64 Roosevelt dimes. If I lived in Canada I would accumulate Canadian coins, etc. I don't go with the older classic coins because then numismatics may enter into play and complicate the transaction issue. Heaven forbid I may accidentally accumulate a stash of rare Mercury dimes (think of a roll of 1916ds), but I think that is unlikely cause the rare ones are called rare for a reason, so just load up on worn 1942 Mercuries and worn 1963 or 64 Roosevelts. Plenty of Ebay auctions sell bags of cherry picked worn out silver coins. When you go to dump them the assay (beyond a weighing) isn't needed. Similar for junk Morgan and Peace dollars. There are even well circulated Walking Liberty bullion coins out there. Not pretty anymore, but still quickly transactable as bullion, you just have to look for them. Gold is harder. Non-slabbed Walking Liberty gold coins are good (here in America), Maple Leafs in Canada, etc. In America I also like the worn out or 'improperly cleaned' older gold coins. 'Improperly cleaned' (or jewelers holed) gold coins can sometimes be picked up at spot. Like I give a fig when buying quickly negotiable bullion how a previous owner treated his coin, LoL to that. Weight, purity, and recognition are what I seek. I would much rather buy a handful of improperly cleaned or with left over holes from dangling on a bracelet $1 or $2.50 US gold coins than pay top dollar for a single slabbed US Walking Liberty of similar cumulative face value.[/QUOTE]
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