Its next to impossible to mint in coin form or as a ring - apparantly Cohen Mint will being doing it soon and releasing not 1g coins but actual 1oz bars. The price will probably be 25% or spot though. I plan on buying at least an oz or two.
And I understand Kitco is trying to make a market with their "sponge". But is selling it to the person you bought it from really a 2 way street?
There is someone selling bars on eBay, too.
It's got potential. But it just seems too much like a penny stock. Way too narrow a market, and way too few sellers expecting way too much of a premium to sell. And I imagine they buy way back of spot if they buy at all.
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last. --Severian the Lame
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Thanks
Chris
Its next to impossible to mint in coin form or as a ring - apparantly Cohen Mint will being doing it soon and releasing not 1g coins but actual 1oz bars. The price will probably be 25% or spot though. I plan on buying at least an oz or two.
And I understand Kitco is trying to make a market with their "sponge". But is selling it to the person you bought it from really a 2 way street?
There is someone selling bars on eBay, too.
It's got potential. But it just seems too much like a penny stock. Way too narrow a market, and way too few sellers expecting way too much of a premium to sell. And I imagine they buy way back of spot if they buy at all.
--Severian the Lame