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Coin Guy Seeking Info on Bullion Gold Coins

Walkerguy21DWalkerguy21D Posts: 11,439 ✭✭✭✭✭
in Precious Metals
First time visitor here on the Precious Metals forum - but I recognize a number of coin forumites' names here....
Anyway, a friend of mine is interested in acquiring some gold bullion in coin form, and wants to know best places to buy
and what competitive prices are for American Eagles and Buffalos.
One price he found is $90 over spot for these, a little less (~$75) if he opts for Maples and K-rands.
Is this 'typical', at least right now? I do not expect him to be a big volume guy, probably looking to acquire a handful, at
least initially.
Are Eagles and Buffs the best way to acquire bullion - as far as liquidity, value, etc?

I appreciate any all help - thanks!
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Comments

  • nibannynibanny Posts: 2,761 ✭
    Welcome in the Metal crowd!
    Best price would probably be by a B&M, given that he has one around.
    Otherwise, you can tell him to check the following websites (I sorted by my preference).

    ProvidentMetal
    GoldMart
    Goldeneaglecoin
    Gainesville
    Apmex


    Regarding liquidity and value, it depends on what he is looking for.
    I found the 1/10 and 1/4 ozers to be more liquid if one has to sell.
    Though, there is demand for the full ounce as well at these levels.

    AGE are the best for the american market. Krugerrand are the best worldwide, imo.
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    I am sure many people will chime in to respond to your question. I too am new to PMs and while searching put this thread together that gives links to many websites so we can compare prices before we buy. Look over the links and let us know if you have any questions.

    Best,

    Ray


    Link to links
  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭
    if buying in quantity, Tulving is hard to beat
    JR Newsletter Online Edition
  • derrybderryb Posts: 36,787 ✭✭✭✭✭
    eagles and buffalos are the way to go.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • jmski52jmski52 Posts: 22,817 ✭✭✭✭✭
    Without knowing more details on quantity, I recommend Provident Metals or Scotsman. Tulving if buying 20 oz or more. All 3 are reliable and competitive.

    Always shop around a little before buying.

    Eagles, Buffs, or Maple Leaves are all good choices.

    Fractionals will always carry a higher premium per oz.

    Welcome!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • streeterstreeter Posts: 4,312 ✭✭✭✭✭
    I have always found it best to buy sight seen, cash and carry. Never
    a misunderstanding.

    I prefer US gold. IF shtf, my belief is you will have less problems converting.

    Your milelage may vary.
    Have a nice day
  • Walkerguy21DWalkerguy21D Posts: 11,439 ✭✭✭✭✭
    Thanks everyone so far, for the good inputs, links, etc.

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
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