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TexasPQ
Penny Sorter Member
39 Posts |
 Posted - 05/03/2008 : 11:39:21
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Anyone have any experience with Apmex or other sites that sell bullion on the internet? I want to get some silver with my "stimulus" money.
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nckt
Penny Collector Member
USA
304 Posts |
Posted - 05/03/2008 : 12:27:04
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http://bullion.nwtmint.com/index.php
you could try that site, but the best way to buy bullion closest to spot price is a trusted dealer near you, because you don't have to pay shipping, and you can bargain. |
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NotABigDeal
1000+ Penny Miser Member
USA
1848 Posts |
Posted - 05/03/2008 : 13:51:24
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Any way to buy local? Usually much cheaper, and the relationship you build can help in the long run.
Deal |
I'm so sick over pennies....I frequently trade a dime or two for the whole "take-a-penny" container if sufficient coppers exist. That will get you some odd looks. |
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moboman
1000+ Penny Miser Member
USA
1335 Posts |
Posted - 05/03/2008 : 23:28:59
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| I cant help much with sites. But on ebay, I have bought some silver. I havent been screwed yet, so I think ebay it is for me, if im buying online. Otherwise I go to a coin dealer that has bullion $1/oz over spot, and they dont care even if they are silver eagles. If it is a silver round that is sold to them from an individual, it is spot +1. Or at a coinshow, where there is no tax! Tax ruins all my fun. Why should I pay tax to buy gold/silver eagles? If I went to spend it at a store, it would be seen as $1/$50 and your telling me that I have to pay tax! |
I have a hard time resisting the temptation to take a wheat penny out of the take a penny cup when I see one! |
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nckt
Penny Collector Member
USA
304 Posts |
Posted - 05/03/2008 : 23:37:44
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| if you buy over $1000 you don't have to pay tax |
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moboman
1000+ Penny Miser Member
USA
1335 Posts |
Posted - 05/04/2008 : 00:58:22
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In Ohio? I always pay cash, they probably just pocket the money anyway.
Because if so, I think the government owes me a little money back :D. |
I have a hard time resisting the temptation to take a wheat penny out of the take a penny cup when I see one! |
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TexasPQ
Penny Sorter Member
39 Posts |
Posted - 05/04/2008 : 19:56:54
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| I ended up getting some bullion at the local coin store for about the same price as the website. There is a sales tax where I live which is unfortunate. |
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nckt
Penny Collector Member
USA
304 Posts |
Posted - 05/04/2008 : 20:30:44
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| i don't know if it is just in California, but if you buy more then $1000 dollars of silver, gold, platinum, of coins there is no tax. |
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TenBears
Penny Hoarding Member
873 Posts |
Posted - 05/04/2008 : 20:33:26
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| www.coloradogold.com has good prices, but you have to buy in large quantities. Survivalblog.com recommends coloradogold. I assume you paid the Texas sales tax judging by your name. There are better deals to be found than paying sales tax on bullion purchases. www.gainesvillecoins.com has had good prices on bullion from time to time. |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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nckt
Penny Collector Member
USA
304 Posts |
Posted - 05/04/2008 : 20:39:46
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| wow coloradogold has very good prices |
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MormonMetal
Penny Pincher Member
USA
129 Posts |
Posted - 05/04/2008 : 20:54:55
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| I've ordered through APMEX several times. The shipping can be high if paying with plastic; but quick shipping and everything is as described. I've heard good things about bulliondirect.com, but haven't given them a try. I try to purchase local with cash now, in case the "MAN" is keeping his eyes on my shopping. |
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NotABigDeal
1000+ Penny Miser Member
USA
1848 Posts |
Posted - 05/05/2008 : 06:35:45
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Hold the presses. MormonMetal made me go back and check my records. I DID buy some PM's online from Bullion Direct. A little gold and silver in late '06 early '07. I remember why I pretty much buy local. Decent prices, but the delivery fee and the handling fee are a little high. I'm a fan of cash payments as well....
Deal |
I'm so sick over pennies....I frequently trade a dime or two for the whole "take-a-penny" container if sufficient coppers exist. That will get you some odd looks. |
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Saul Mine
Penny Collector Member
USA
335 Posts |
Posted - 05/05/2008 : 08:33:28
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| Cash and carry is best. There is no paper record, no worries about delayed delivery, and no worries about the seller taking your money and filing for bankruptcy. |
A penny sorted is a penny earned!
Please use tinyurl.com to post links. Long links make posts hard to read. |
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CoinHunter53562
Penny Hoarding Member
USA
627 Posts |
Posted - 05/12/2008 : 08:07:31
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I have seen some sites out there:
www.apmex.com = charges a higher premium it seems over spot than others, but has no minimum that I saw
www.amark.com = prices are pretty good, but there is a 5000 ounce minimum for a silver purchase
www.coloradogold.com = really good prices, but there is a 100 ounce minimum for silver
www.tulving.com = good prices, good reputation, but also a 100 ounce minimum
www.coppersilvergold.com = a newer site still under construction, competitive prices, no minimum listed, but no way to contact right now
www.kitco.com = prices are a little higher than some of the other sites, didnt see any minimum listed, currently out of ASE's, Canadian Maples, and 1 oz gold bars this morning. I thought they sold bags of junk 90% silver coins but didnt see that on their product listing
www.cmi-gold-silver.com = has alot of products listed, but didnt see any prices so I think you have to call to get the current price, 300 ounce minimum on silver |
Load up now while you can!
HoardCode0.1:M38/1USWI:US1Cu990:US5CuNi85 |
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moboman
1000+ Penny Miser Member
USA
1335 Posts |
Posted - 05/12/2008 : 11:44:45
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quote:
Originally posted by nckt
i don't know if it is just in California, but if you buy more then $1000 dollars of silver, gold, platinum, of coins there is no tax.
Does any one know what states this applies to? Maybe the local dealer doesnt know this? The guy said I had to have a vendors license to avoid taxes and then there would be a paper trail and everyone would know where my stash is.  |
I have a hard time resisting the temptation to take a wheat penny out of the take a penny cup when I see one! |
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Gr33nday43
Penny Collector Member
USA
292 Posts |
Posted - 06/20/2008 : 02:01:53
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| In kentucky, I always buy local except for certain rare coins. Sometimes I snatch a deal on ebay, but it has to be an excellent one! |
HoardCode0.1:M/1USKY:US1Cu35000
Buying and occasionally selling wheat pennies and copper pennies(Sell a lot of silver as well) PM me for more details.
http://coppercave.com
Founded by Natsb88!
http://tinyurl.com/ryedale
Ryedale apprentice for sale on eBay. Check it out! |
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natsb88
Penny Collector Member
USA
483 Posts |
Posted - 06/20/2008 : 09:41:00
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quote:
Originally posted by moboman
quote:
Originally posted by nckt
i don't know if it is just in California, but if you buy more then $1000 dollars of silver, gold, platinum, of coins there is no tax.
Does any one know what states this applies to? Maybe the local dealer doesnt know this? The guy said I had to have a vendors license to avoid taxes and then there would be a paper trail and everyone would know where my stash is.
See if your state has something similar to this, a listing of all taxable and non-taxable merchandise:
http://www.revenue.state.pa.us/revenue/lib/revenue/rev-717.pdf
Bullion / investment metal and collectible coins are non-taxable in PA. |
Nate
www.coppercave.com |
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kavajava
Penny Collector Member
USA
487 Posts |
Posted - 06/22/2008 : 15:18:20
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quote:
Originally posted by nckt
http://bullion.nwtmint.com/index.php
you could try that site, but the best way to buy bullion closest to spot price is a trusted dealer near you, because you don't have to pay shipping, and you can bargain.
In one of the other threads someone pointed out that they are not a place to buy from--gave a link to attorney general complaints--they recommended to stay away.
A place that was recommended was Caspars.com
I think the thread was about buying ASE's if you want to check it out. |
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Lemon Thrower
Penny Pincher Member
USA
201 Posts |
Posted - 06/23/2008 : 00:03:40
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quote:
Originally posted by nckt
http://bullion.nwtmint.com/index.php
you could try that site, but the best way to buy bullion closest to spot price is a trusted dealer near you, because you don't have to pay shipping, and you can bargain.
I had an extremely poor transaction with NW Territorial Mint. |
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Lemon Thrower
Penny Pincher Member
USA
201 Posts |
Posted - 06/23/2008 : 00:05:42
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quote:
Originally posted by CoinHunter53562
I have seen some sites out there:
www.apmex.com = charges a higher premium it seems over spot than others, but has no minimum that I saw
www.amark.com = prices are pretty good, but there is a 5000 ounce minimum for a silver purchase
www.coloradogold.com = really good prices, but there is a 100 ounce minimum for silver
www.tulving.com = good prices, good reputation, but also a 100 ounce minimum
www.coppersilvergold.com = a newer site still under construction, competitive prices, no minimum listed, but no way to contact right now
www.kitco.com = prices are a little higher than some of the other sites, didnt see any minimum listed, currently out of ASE's, Canadian Maples, and 1 oz gold bars this morning. I thought they sold bags of junk 90% silver coins but didnt see that on their product listing
www.cmi-gold-silver.com = has alot of products listed, but didnt see any prices so I think you have to call to get the current price, 300 ounce minimum on silver
have done business successfully with apmex, but if you are buying in quantity then Tuliving has much better prices. Tulving has great service too - kind of a mom and pop outfit in a good way. |
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Chip500
Penny Sorter Member
USA
26 Posts |
Posted - 07/01/2008 : 16:59:58
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| NWT mint is extreamly slow and can cost you money if you are looking to sell on a spike, I have had good deals with APMEX, and bullion direct. Hope this helps |
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daviscfad
Penny Pincher Member
192 Posts |
Posted - 07/07/2008 : 16:52:45
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| i called apmex today and for walking likberty halves they said they would give me 12.1 times face value for 40 rolls |
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Copper Catcher
Moderator
USA
594 Posts |
Posted - 07/08/2008 : 20:32:51
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| I just order some silver from Justin at www.casperscoins.com. This is my first time dealing with him and he sounded nice and was easy to get along with. I told him about an earlier post on the forum and he said he was slammed with orders. His email is justin@casperscoins.com and phone 574-272-5554. They sell silver at .25 over spot. He will have my check by 12:00 noon tomorrow and I'm sure I'll get the silver fast too. |
DISCLAIMER: The opinions expressed in this message are those of the author and are considered for entertainment purposes only. It is not the intent of this author to provide legal, investment or medical advice and nothing posted here should be considered to be so. You are advised to seek independent counsel to act upon any laws discussed in this communication. |
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Good internet sites for buying bullion?
