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[–] 20367178? 0 points 1 point (+1|-0) ago  (edited ago)

That depends. Are we accounting for the trade spread when we buy, or are we pretending it doesn't exist?

What actually costs you money? - the trade spread, or the premium?

If you want to manufacture tooth fillings, buy 24kt generic.

If you want to invest - that is, if you are buying for future resale value: then US Gold Eagles (random year) are the best deal.

If you don't believe me, go study the market. Call around, find out what they actually buy back these products for.

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[–] 20367364? 0 points 1 point (+1|-0) ago  (edited ago)

You mean during a crisis? The coin is also worth more, and surely by a wider margin than before! Which is why you should have the coin! You should buy your coins BEFORE that happens. Junk silver, if you want my advice. But let's be serious, if it comes to that, you'll be very happy to have metal in either form.

If you want to imagine selling in a mad-max situatuion where there is limited infrastructure... you bet your ass coins will be preferred over bars, and the smaller the better, because coins are way easier to verify. Someone who is experienced looking at coins can verify them to a pretty high confidence with just a magnifying glass and a micrometer.

But to verify a generic bar, you pretty much have to refine it. Maybe with ultrasound you can get some certainty but even today, even with fully functioning infrastructure, I've had a major dealer tell me no, we have to refine the bar you're selling to us. You have to wait until our refinery receives it before you get your $. But for Eagles, they paid me instantly on receipt.

There's a reason coins exist my Fren. They are precisely measured units stamped to ensure authenticity... much harder to fake than a crude lump of metal.

I don't watch the market as close as I used to but last time we had rising metal prices the premiums were going up faster than the metals. Especially on silver products (junk and eagles, both).

The premium (on non-numismatic items) is a GOOD investment. Within reason of course. I know it seems obvious that paying "less" is better, but it's not true. Not being in coin form costs you when you sell. You should reconsider.