Sounds like a really good deal or a typo. Check out the RMC web site. Large company with offices in California and Florida. All the major bullion dealers sell their products. I have several of their silver bars and they make great bullion products.
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
Sounds like a really good deal or a typo. Check out the RMC web site. Large company with offices in California and Florida. All the major bullion dealers sell their products. I have several of their silver bars and they make great bullion products.
Thank you. With gold up $100+ in the last 6 weeks I don't believe it's a typo. Interesting they note 63% have sold with the total sold at 384 implying ~600 pieces available at this price. Nice marketing.
I personally would pay the extra premium for a gold eagle or gold buffalo, knowing that I would more than likely get my premium back when I sold. One must always consider resell of bullion items and I just don't see the demand or the market for gold bars as good as the market for gold coins.
If you're a bar guy, then yes, great price.
"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
I always check the dealers buy back price for the bar that they are selling in determining if I want to purchase. APMEX as a whole, will give you spot or slightly above spot for most name brand bars and so will Provident.
Originally posted by: OPA I always check the dealers buy back price for the bar that they are selling in determining if I want to purchase. APMEX as a whole, will give you spot or slightly above spot for most name brand bars and so will Provident.
The link I believe shows them at about $32 over spot. I strongly agree with derryB on this....too many fake gold bars out there and it is much much easier to resell Buffalos and ASEs when the time comes. That, for me, overcomes the "gold is gold" rational.
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The link I believe shows them at about $32 over spot.
The link is not the eBay link, but their "store" on line link.. Their buy back for that bar is about $20 under spot. Agree, if you must purchase PM's, buy from well known Nation wide bullion dealers. All gold coins along with bars and rounds, have been and will continue to be counterfeited...that also includes the gold, silver a and plat. American Eagles.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
That is a song & dance act pushed by bullion coin sellers. In reality, bars will have a smaller premium over spot, but are just as "liquid". I've sold lots of PM (gold, silver & platinum) related coins and bars over the last 30 years, w/o ever having a "disposal" issue.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Note that APMEX is paying under spot for the RCM bar and over spot for the AGE and Gold Buff.
Gold coins are more liquid simply because there are more buyers. All gold is liquid, but how liquid depends on what the fabricator turned it into.
If the bottom fell out of gold prices and the market became flooded, which products do you think would sell first? On the other hand if prices skyrocket and everyone wants in what products do you think a newbie will be advised to purchase? There's your levels of liquidity.
"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
Bought and sold a number of Republic gold bars while working in the store. Never any problem with them.
As noted above there are different spreads for different products. The retail price and the buyback price on a good name bar is less than that on a maple leaf, which is less than that on an American Eagle. The spot price will rise and fall the same on all of them.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
If the bottom fell out of gold prices and the market became flooded, which products do you think would sell first?
That's easy & the last 5 years have proven it....THE LEAST EXPENSIVE ONE...
And the record sales of American Eagles?
"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
Originally posted by: derryb Note that APMEX is paying under spot for the RCM bar and over spot for the AGE and Gold Buff.
But are the spreads equal percentages? That is all that really matters.
What matters is that they want AGEs more than they want RCM bars. This is because their buyers want AGEs more than they want RCM bars. Which would you rather be holding when it comes time to sell?
"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
Originally posted by: derryb Note that APMEX is paying under spot for the RCM bar and over spot for the AGE and Gold Buff.
But are the spreads equal percentages? That is all that really matters.
What matters is that they want AGEs more than they want RCM bars. This is because their buyers want AGEs more than they want RCM bars. Which would you rather be holding when it comes time to sell?
Both will give you an equal returns on your investment...Makes no difference.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Originally posted by: derryb Note that APMEX is paying under spot for the RCM bar and over spot for the AGE and Gold Buff.
But are the spreads equal percentages? That is all that really matters.
What matters is that they want AGEs more than they want RCM bars. This is because their buyers want AGEs more than they want RCM bars. Which would you rather be holding when it comes time to sell?
Both will give you an equal returns on your investment...Makes no difference.
Note that APMEX is paying under spot for the RCM bar and over spot for the AGE and Gold Buff.
But are the spreads equal percentages? That is all that really matters.
What matters is that they want AGEs more than they want RCM bars. This is because their buyers want AGEs more than they want RCM bars. Which would you rather be holding when it comes time to sell?
Let's not forget that while they both contain a full once of gold, the bars are 999.9 pure gold while the AGE's are not pure gold. This is important to many gold buyers.
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
It's simply a matter of preference. I prefer the one that is easier to sell.
"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
Originally posted by: derryb It's simply a matter of preference. I prefer the one that is easier to sell.
Some people would argue that is the one with the lower premiums...
Premiums do not only reflect supply and demand.
What else do they reflect?
"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
I agree with Miles, I prefer coins. I just bought a $2.5 eagle at spot at last weekends CT coin show. It was polished, but its easier form me to verify the authenticity than a generic bar that is sealed in plastic...
Comments
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
Sounds like a really good deal or a typo. Check out the RMC web site. Large company with offices in California and Florida. All the major bullion dealers sell their products. I have several of their silver bars and they make great bullion products.
Thank you. With gold up $100+ in the last 6 weeks I don't believe it's a typo. Interesting they note 63% have sold with the total sold at 384 implying ~600 pieces available at this price. Nice marketing.
If you're a bar guy, then yes, great price.
"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
The only way I will consider a gold bar is if I get it under spot as they aren't attractive to me.
Kinda like a Aztec or Pacer or Cube or minivan. Gets you from point C to D, but oh the shame!
APMEX Republic metals gold buy back
I always check the dealers buy back price for the bar that they are selling in determining if I want to purchase. APMEX as a whole, will give you spot or slightly above spot for most name brand bars and so will Provident.
APMEX Republic metals gold buy back
The link I believe shows them at about $32 over spot.
I strongly agree with derryB on this....too many fake gold bars out there and it is much much easier to resell Buffalos and ASEs when the time comes. That, for me, overcomes the "gold is gold" rational.
The link is not the eBay link, but their "store" on line link.. Their buy back for that bar is about $20 under spot. Agree, if you must purchase PM's, buy from well known Nation wide bullion dealers. All gold coins along with bars and rounds, have been and will continue to be counterfeited...that also includes the gold, silver a and plat. American Eagles.
interest....Coins always seem to be more liquid. Cheers, RickO
That is a song & dance act pushed by bullion coin sellers. In reality, bars will have a smaller premium over spot, but are just as "liquid". I've sold lots of PM (gold, silver & platinum) related coins and bars over the last 30 years, w/o ever having a "disposal" issue.
Gold coins are more liquid simply because there are more buyers. All gold is liquid, but how liquid depends on what the fabricator turned it into.
If the bottom fell out of gold prices and the market became flooded, which products do you think would sell first? On the other hand if prices skyrocket and everyone wants in what products do you think a newbie will be advised to purchase? There's your levels of liquidity.
"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
As noted above there are different spreads for different products. The retail price and the buyback price on a good name bar is less than that on a maple leaf, which is less than that on an American Eagle. The spot price will rise and fall the same on all of them.
That's easy & the last 5 years have proven it....THE LEAST EXPENSIVE ONE...
That's easy & the last 5 years have proven it....THE LEAST EXPENSIVE ONE...
And the record sales of American Eagles?
"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
That's easy & the last 5 years have proven it....THE LEAST EXPENSIVE ONE...
And the record sales of American Eagles?
Compared to?
Liquidity. Perhaps coins have more liquidity.
That's the question. A raw $50 AGE at melt +3% or a 1oz bar in an assay card at melt -2%.
Thanks for all the insight.
Note that APMEX is paying under spot for the RCM bar and over spot for the AGE and Gold Buff.
But are the spreads equal percentages? That is all that really matters.
Choice Numismatics www.ChoiceCoin.com
CN eBay
All of my collection is in a safe deposit box!
Note that APMEX is paying under spot for the RCM bar and over spot for the AGE and Gold Buff.
But are the spreads equal percentages? That is all that really matters.
What matters is that they want AGEs more than they want RCM bars. This is because their buyers want AGEs more than they want RCM bars. Which would you rather be holding when it comes time to sell?
"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
Note that APMEX is paying under spot for the RCM bar and over spot for the AGE and Gold Buff.
But are the spreads equal percentages? That is all that really matters.
What matters is that they want AGEs more than they want RCM bars. This is because their buyers want AGEs more than they want RCM bars. Which would you rather be holding when it comes time to sell?
Both will give you an equal returns on your investment...Makes no difference.
Note that APMEX is paying under spot for the RCM bar and over spot for the AGE and Gold Buff.
But are the spreads equal percentages? That is all that really matters.
What matters is that they want AGEs more than they want RCM bars. This is because their buyers want AGEs more than they want RCM bars. Which would you rather be holding when it comes time to sell?
Both will give you an equal returns on your investment...Makes no difference.
OPA understands!
Choice Numismatics www.ChoiceCoin.com
CN eBay
All of my collection is in a safe deposit box!
Note that APMEX is paying under spot for the RCM bar and over spot for the AGE and Gold Buff.
But are the spreads equal percentages? That is all that really matters.
What matters is that they want AGEs more than they want RCM bars. This is because their buyers want AGEs more than they want RCM bars. Which would you rather be holding when it comes time to sell?
Let's not forget that while they both contain a full once of gold, the bars are 999.9 pure gold while the AGE's are not pure gold. This is important to many gold buyers.
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
"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
My YouTube Channel
It's simply a matter of preference. I prefer the one that is easier to sell.
Some people would argue that is the one with the lower premiums...
Premiums do not only reflect supply and demand.
Choice Numismatics www.ChoiceCoin.com
CN eBay
All of my collection is in a safe deposit box!
It's simply a matter of preference. I prefer the one that is easier to sell.
Some people would argue that is the one with the lower premiums...
Premiums do not only reflect supply and demand.
What else do they reflect?
"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
It's simply a matter of preference. I prefer the one that is easier to sell.
Some people would argue that is the one with the lower premiums...
Premiums do not only reflect supply and demand.
What else do they reflect?
Cost of manufacture, perceived quality, etc.
Choice Numismatics www.ChoiceCoin.com
CN eBay
All of my collection is in a safe deposit box!
Buy American (gold AGE)!