What type to buy? (1 oz style)
Frankiefanatic
Posts: 325
I'm at a pinnacle in life right now. I'm pretty solid with collector coins that I have amassed over a lifetime from Morgans to Lincolns and a few odd pieces in between.
I'd like to pick up some of the 1 oz bars for the whatever bites you situation, the dilemma is what brand seems better on an open market ie- J%M, Englehard, Sunshine, etc.
What would the PM house consider to be worthwhile on an investment stand point?
Thanks in advance.
I'd like to pick up some of the 1 oz bars for the whatever bites you situation, the dilemma is what brand seems better on an open market ie- J%M, Englehard, Sunshine, etc.
What would the PM house consider to be worthwhile on an investment stand point?
Thanks in advance.
0
Comments
Repetition of ignorance is ignorance raised to the power two.
TD
I would add PanAm and Scottsdale, they are nice too.
If you are planning to buy a big number of bars, I would suggest to go with the 5 ozer since they can be found with a lower premium (probably not the JM and Engelhard).
bad karma.
Liberty: Parent of Science & Industry
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
--Severian the Lame
<< <i>When I buy silver, it comes down to what's available at a good price. I'm not choosy as to brand as long as I recognize the manufacturer. Silver is silver after all. >>
That's true. You won't get a premium for the good name bars when you sell, and unless a bar is a crudely made basement job or damaged you probably won't get less when you sell. Buy what is cheap at the time you are buying.
TD
<< <i>
<< <i>When I buy silver, it comes down to what's available at a good price. I'm not choosy as to brand as long as I recognize the manufacturer. Silver is silver after all. >>
That's true. You won't get a premium for the good name bars when you sell, and unless a bar is a crudely made basement job or damaged you probably won't get less when you sell. Buy what is cheap at the time you are buying.
TD >>
How does a typical bullion company treat "crudely made basement jobs and damaged" bars or rounds? I would imagine that the damaged bars or slabs are treated as scrap but one would have to wonder if the basement job has its fully weight of silver or if it's lead with some silver coating.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire