| Author |
 Topic  |
|
|
billo
Penny Collector Member
293 Posts |
 Posted - 10/20/2009 : 03:31:16
|
|
Looking for suggestions: What's the best way to buy small amounts of gold (1 to 10 grams) at a decent price compared to spot? Thanks!
|
That's not a dollar, mate...THIS is a dollar.
http://www.sendcongressapinkslip.com/ |
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 10/20/2009 : 06:00:52
|
Local dealer. No shipping or tax, at least around here.... Sometimes a good online deal can be found as well.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
 |
|
|
ZigMeister
Penny Pincher Member
USA
229 Posts |
Posted - 10/22/2009 : 10:06:05
|
Try frequenting the local coin shows. I have snagged a few 1 and 5 gram bars for slightly higher than spot. You can also advertise on Craigslist under "wanted". There's not alot out there but if you're persistent you do get lucky. Also as Deal said, check with your local coin shops...that's probably your best bet, although premiuns seem to be running a little high right now.
|
|
|
|
highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 10/22/2009 : 11:21:36
|
| I would try local coin shops. Online dealers seem to want quite a premium for 1-10gram bars. I would suggest that you get 1/10 or 1/2 oz rounds/bars though because not everyone knows that there is 31.1 grams in a troy ounce. |
Copper Penny Investing
www.portlandmint.com |
|
|
|
billo
Penny Collector Member
293 Posts |
|
|
PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 10/22/2009 : 12:34:29
|
I have used Northwest Territorial Mint before; the benefit is that if you buy bullion in bulk you do not have to pay shipping; I like APMEX but you have to pay shipping which can add quite a bit to the price.
Down side to Northwest is you have to wait several weeks to several months for your shipment. Whereas with a coin store, you can walk out with it in your hands.
Down side to a coin store is they may have limited stock of what you are looking for. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
|
|
|
wagsthadog
Penny Hoarding Member
USA
565 Posts |
Posted - 10/22/2009 : 16:47:50
|
Hi there-
JMO, but 1 gram gold pieces are kind of niche products, and it's likely that you'll pay a hefty premium unless you snipe on ebay or something.
A good way to get a small-ish amount of gold with usually no premiun is to look for us $5 gold commems. on ebay. They are a quarter ounce of gold (+-8 grams), and all but a few sell for usually spot.
wags |
Only when they CAN'T have it, ......THEN they'll want it.
I love Cents. If you get an UNC box, you win. If you get a regular circ. box, you win. If you get a zinc box, you don't lose....so you still win. |
|
|
|
oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 10/22/2009 : 20:34:21
|
| Stick with 1/10ths or bigger. They are tougher to lose. :) |
|
|
|
Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 10/22/2009 : 20:35:01
|
| 1/10 are also easier to sell if you need cash. |
Trolling is an art. |
|
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 10/23/2009 : 06:07:40
|
quote:
Originally posted by Neckro
1/10 are also easier to sell if you need cash.
For sure. My problem is letting go of them....
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
|
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 10/25/2009 : 11:09:02
|
| It's much easier to find deals on silver (bid on ebay from seller's with high positive feedbacks) until your fingers fall off. Doing so sets a floor bid on metals prices, if you make modest bids on alot of stuff, you'll win once in awhile. Build a position in silver (the gold/silver ratio favors silver outperforming gold right now) and when silver moves strongly to the upside, then sell some to APMEX but take the proceeds in gold, not FRN's. Save your money in precious metals, convert as rapidly as you can while avoiding debt, and build your portfolio of REAL money now while it is cheap. If we ever have hyperinflation silver will prove more useful than gold. The premiums on small forms of gold is too high, IMHO. |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
|
|
|
MichaelOnion
Penny Pincher Member
USA
105 Posts |
Posted - 10/25/2009 : 23:53:02
|
quote:
I like APMEX but you have to pay shipping which can add quite a bit to the price
actually the highest shipping can go is only $25, not bad considering that includes insurance. Plus if you order over $25000 shipping is free! |
___
-M
 |
|
|
| |
Topic |
|
Best way to buy gold
Forum Locked
