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worth buying gold 1/10 at a time??
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<p>[QUOTE="fatima, post: 1325860, member: 22143"]The premium you pay for 1/10th ounce/gold covers the extra liquidity you get with these coins. You get it back when you sell or use the coin in trade. Use a credit card, and it costs you a 3% premium. (either directly or indirectly)</p><p><br /></p><p>Here is a story. I was at a coin show a few months ago that was being held in a smaller city located in the US South. I struck up a conversation with a farmer dressed in old overalls. i.e. someone that I'd incorrectly stereotype as someone not interested in gold at all. To my amazement, during our conversation he reached into his overalls and pulled out a long tube of 1/10 oz AGEs. He said he used these for currency purposes and the dealers at the shows would give him much better deals than if he were paying with fiat money. He said he has used them for other bartering purposes as well. (I suppose this is made easier in an area where everyone knows everyone else.)</p><p><br /></p><p>So I say if you are interested in this coin, go for it. It has it's advantages.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1325860, member: 22143"]The premium you pay for 1/10th ounce/gold covers the extra liquidity you get with these coins. You get it back when you sell or use the coin in trade. Use a credit card, and it costs you a 3% premium. (either directly or indirectly) Here is a story. I was at a coin show a few months ago that was being held in a smaller city located in the US South. I struck up a conversation with a farmer dressed in old overalls. i.e. someone that I'd incorrectly stereotype as someone not interested in gold at all. To my amazement, during our conversation he reached into his overalls and pulled out a long tube of 1/10 oz AGEs. He said he used these for currency purposes and the dealers at the shows would give him much better deals than if he were paying with fiat money. He said he has used them for other bartering purposes as well. (I suppose this is made easier in an area where everyone knows everyone else.) So I say if you are interested in this coin, go for it. It has it's advantages.[/QUOTE]
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