Gold bullion question

RollSearcher · October 23, 2008 6:23AM

I'm going to take the plunge and buy some bullion. I was looking at APMEX and I noticed that the prices for Maple leafs are about $10 lower than the prices for American Eagles. Should I know anything before I buy the maple leafs? are they harder to sell than eagles? gold is gold, right?
If any dealers out there could weigh in on this, I'd appreciate it.

PCcoins · October 23, 2008 6:27AM

If your buying for bullion, gold is gold, as long as the gold content is the same. If your buying for numismatic quality your going to pay a lot more than spot prices on gold.

rgCoinGuy · October 23, 2008 6:30AM

Looks like the AGE's are in stock ready to ship, for 20 bucks more (Maples show a price drop and 60 over spot now) but Maples don't ship for a couple weeks.

RollSearcher · October 23, 2008 6:37AM

Do you think that's the reason the leafs are a little lower? I plan on holding them for a while, so it really doesn't matter to me if they don't ship right away.

Bottom line is, if I go to sell these x years from now, a dealer would pay the same for the leafs as they would for the eagles, right?

rgCoinGuy · October 23, 2008 6:41AM

If selling to a dealer, they will probably offer based on spot. There may be a small AGE premium if selling via ebay or such, maybe a dealer will respond to give you more sage advise than me, or try posting this on the Precious Metals forum, on the navigation bar.

RollSearcher · October 23, 2008 6:49AM

Didn't realize there was a Precious Metals forum - Thanks! I'll try over there.

Gold bullion question

Comments

Leave a Comment