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<p>[QUOTE="imrich, post: 922609, member: 22331"]<b>A Good Source</b></p><p><br /></p><p><br /></p><p><br /></p><p><b>I believe you'll find the US Mint to be a relatively uncompetitive source for purchasing precious metals, and many of their products will be difficult to liquidate. I may be incorrect for the general public, but I've virtually always been able to find a better source for often a more competitive product. There has been some good advice provided in this thread, but sage advice is that one first learn the value of the various products. Certified Gold Eagles are a wise investment, which have a strong resale market. Various sellers will list "loss leaders" on auction sites to attract bidders, and winning one of these auction can often be a "good buy" if you know what is being sold. I constantly test the buying public on auction sites to determine their understanding of PM products. A good example of buyer naivety is that I currently have a 1 ounce 24 kt. Gold U.S. coin, certified PCGS MS69, listed on eBid for less than spot gold price, and a "buy price" that can't be surpassed. The auction title states that it is the cheapest price to be found, but many buyers do not understand what is being sold. I have placed that auction on several sites other than eBay (where there are knowledgeable buyers), to determine the knowledge of site clientele. Many sites have uninformed buyers, and a knowledgeable buyer could really be a "winner". There are sites where mint products are sold at less than the price offered by the U.S. Mint, which can be located once one becomes informed and has perseverance. Happy Hunting!!</b></p><p><b> </b>[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 922609, member: 22331"][b]A Good Source[/b] [B]I believe you'll find the US Mint to be a relatively uncompetitive source for purchasing precious metals, and many of their products will be difficult to liquidate. I may be incorrect for the general public, but I've virtually always been able to find a better source for often a more competitive product. There has been some good advice provided in this thread, but sage advice is that one first learn the value of the various products. Certified Gold Eagles are a wise investment, which have a strong resale market. Various sellers will list "loss leaders" on auction sites to attract bidders, and winning one of these auction can often be a "good buy" if you know what is being sold. I constantly test the buying public on auction sites to determine their understanding of PM products. A good example of buyer naivety is that I currently have a 1 ounce 24 kt. Gold U.S. coin, certified PCGS MS69, listed on eBid for less than spot gold price, and a "buy price" that can't be surpassed. The auction title states that it is the cheapest price to be found, but many buyers do not understand what is being sold. I have placed that auction on several sites other than eBay (where there are knowledgeable buyers), to determine the knowledge of site clientele. Many sites have uninformed buyers, and a knowledgeable buyer could really be a "winner". There are sites where mint products are sold at less than the price offered by the U.S. Mint, which can be located once one becomes informed and has perseverance. Happy Hunting!! [/B][/QUOTE]
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