Thinking of buying some gold/silver. Anyone know the popular coins to look into, what online vendor is reputable?
Discussion
Find a reputable pawn shop in your area. They probably have silver in stock. They may also have gold coins, or at least a line on someone who does.
When a pawn shop receives gold coins and doesnât want to hold them, theyâll often resell to a gold dealerâwho can also supply them with coins for customers.
Relieved that nobody told you gold is a shitcoin :)
Sometimes it feels like only one answer to everything is allowed here.
I understand why and agree with the goal, but everyone moves at their own pace and along their own route.
SDbullion. Iâve bought a lot of gold and silver from them.
The premium on silver can be high, particularly American silver. But it doesnât tarnish like some of the cheaper sovereign nation silvers and you usually will get a premium back when you sell. You could buy silver eagles, could also buy 90% pre 65 silver US coinage. This would be easier dominated than silver ozs.
Thereâs maybe ten common nation sovereign silver oz coins you can buy. Libertads, eagles, maple leafs, Phil
Harmonics, etc etc etc. some have a higher premium than others, with American eagles maintaining the highest premium. But you will get it back when you sell. To some degree. Maybe not moreso than what you pay.
All the same sovereigns apply for gold.
If youâre interested in 24k gold jewelry, check out Mene.
I only mention the eagles so much because I recently sold 20 British brittanias and a 1/4oz gold brittania and the gentleman I sold to told me that I basically got face value because those Brittanias will effectively be resold at spot whereas a more premium silver like an eagle wouldnât have tarnished and spotted with milk stains or something?
Thank you so much for this wealth of knowledge. Very insightful.