Home› Precious Metals

Experience buying "Our Choice" bullion?

ProofmorganProofmorgan Posts: 758 ✭✭✭✭✭
in Precious Metals
These items from venders are lower priced and seem to sell quick. Anyone have any horror stories or great surprises to share? I'm thinking about buying some but if it's not worth it I'd rather pay a bit more to know what I'm getting into. It's always fun to open a mystery box though.
Collector of Original Early Gold with beginnings in Proof Morgan collecting.

Comments

  • PokermandudePokermandude Posts: 2,713 ✭✭✭
    I did it once for under 20 ounces. I received mostly oddball size casino tokens. None of them had brass rings or anything. But none of them were marked with their weights, some weren't even marked .999. Weights were in the 10 gram to 25 gram range per piece.

    Some of them were kind of neat, but I wouldn't go for it again.

    I think at best you'd receive 1 oz xmas/birthday/holiday/anniversary bars/rounds.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    From Provident Metals.



    << <i>OUR CHEAPEST GOLD COINS AT ONLY $19.95 OVER SPOT! Each of these gold coins will contain 1 Troy Ounce of .999 Fine Gold. These coins will display imperfections such as but not limited to scratches, nicks, ,staining, and rim dings. Included in this product will be Kurgerrands, Gold Maples, American Gold Eagles, Gold Philharmonics, Gold Pandas, and Australian Nuggets/Kangaroos. Designs our choice. >>



    From SDBullion and priced $3 higher than 2014 or 2015 coins.



    << <i>Our choice dates. Gold Maples with dates our choice are typically previously owned coins, and may contain some imperfections such as scratches, discolorations, etc. >>



    In one case probably considered damaged; in the other maybe not. If you plan to sell them, check with potential sellers BEFORE you buy or buy sight seen.
    theknowitalltroll;
  • ProofmorganProofmorgan Posts: 758 ✭✭✭✭✭
    I remember long ago I bought 5 oz and got a lightly toned sunshine bar. This was provident I believe. I just did Apmex and the box is in my mailbox waiting for me to get home. I did 15 oz asking for 10 oz or 5 oz bars. I'll post tonight.

    I just wanted to get a feel before I leap into something like our choice platinum bars or something like that. I've seen reviews of people getting nice Engelhards, while others getting bars that looks like they were dragged on the ground.

    Anyone have first hand experiences?
    Collector of Original Early Gold with beginnings in Proof Morgan collecting.
  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭
    Ive gotten a norfed in a junk box before. Also had a dealer send 20 tubes of Gem PL Norfeds to me as generic silver rounds. Took awhile to move the norfeds but was well worth it.

    90% of the time its mix dated or off brand makers.
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    Pinehurst describes their AGEs as quoted below and priced a little lower. I believe some might refer to them as scrapers.



    << <i>* THIS LISTING IS FOR A RANDOM DATE, “SCRUFFY” COIN * The date or years of the coin(s) that you will receive may vary. This will be determined at the discretion of PCE, Inc. based on our current inventory. We classify a coin as, “Scruffy” when there are clear surface abrasions that will not allow the coin to be listed in its standard category. >>



    Keep in mind that you may be expected to sell these at a discount.
    theknowitalltroll;
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭


    << <i>I did it once for under 20 ounces. I received mostly oddball size casino tokens. None of them had brass rings or anything. But none of them were marked with their weights, some weren't even marked .999. Weights were in the 10 gram to 25 gram range per piece.

    Some of them were kind of neat, but I wouldn't go for it again.

    I think at best you'd receive 1 oz xmas/birthday/holiday/anniversary bars/rounds. >>



    Is that what they'd call grab bag bullion?
    theknowitalltroll;
  • ProofmorganProofmorgan Posts: 758 ✭✭✭✭✭
    Here it is:

    An old unmarked hand poured bar at 9.23 T.O. Pretty neat! Wish it was branded.

    5 buffalo 1 oz rounds

    Two Andrew Jackson liberty lobby 240 grain rounds = 1.1 oz total

    Total silver: 15.33 oz for the price of 15......not bad.
    Collector of Original Early Gold with beginnings in Proof Morgan collecting.
  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭


    APMEX can be pretty sweet . A few years ago during the IRS year end sale they had listed some later date 8 reales from mexico random condition and years.

    I ordered some of them and I put a note on the order that said "please Santa , all I want for Xmas is some with chopmarks"

    When they showed up that is what I got on half of them some were BU coins as well.

    Whenever you are ordering something that there is some discretion on their end as to what you might receive it pays to leave a note.

    If you liked hand poured bars I bet you would get at least some if you asked nicely.
Sign In or Register to comment.