NoMoreApathy
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Not bad. There's possibilities to do a little better on ebay, if you calculate by adding a seller's shipping charges to the highest amount you'd be willing to bid.
90% silver vs rounds
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Not bad. There's possibilities to do a little better on ebay, if you calculate by adding a seller's shipping charges to the highest amount you'd be willing to bid.
I buy below spot [even including shipping] on ebay all of the time. You just have to look. The more you save the more you can afford to buy. Go for the 90% and 40% US silver coins because you can get them under spot, Silver eagles most always cost over spot.
On Gold buy Canadian Maples or Krugerrands because they go for less than the Gold Eagles even when they have the same amount of gold. Or buy the 1 gram or 1 ounce bars or chip gold instead of getting a stamped coin otherwise you're just paying a premium for the stamping. If you buy the bars or chip gold just look for a manufacturer listed on COMEX and as long as you never take it out of the packaging you should never have a problem selling it.
I have found good deals below spot on ebay on the gold and silver eagles but they're fewer and farther in between because everyone looks for them and there is heavy bidding. If you're buying for an IRA though you can't get the 90% or 40% silver or the krugerrands because you have to have .999 fine silver [eagles, maple leafs, or bars] and .995 fine gold and they don't meet those specs. If you're just hoarding go for the lower quality pieces, you might have to buy more of them to get the same amount of gold or silver but if you're paying less per ounce you come out ahead and can afford to buy more. If you save $1000 over the course of a year getting the better deals then you earned yourself an extra ounce of gold. Being frugal pays.
On Gold buy Canadian Maples or Krugerrands because they go for less than the Gold Eagles even when they have the same amount of gold. Or buy the 1 gram or 1 ounce bars or chip gold instead of getting a stamped coin otherwise you're just paying a premium for the stamping. If you buy the bars or chip gold just look for a manufacturer listed on COMEX and as long as you never take it out of the packaging you should never have a problem selling it.
I have found good deals below spot on ebay on the gold and silver eagles but they're fewer and farther in between because everyone looks for them and there is heavy bidding. If you're buying for an IRA though you can't get the 90% or 40% silver or the krugerrands because you have to have .999 fine silver [eagles, maple leafs, or bars] and .995 fine gold and they don't meet those specs. If you're just hoarding go for the lower quality pieces, you might have to buy more of them to get the same amount of gold or silver but if you're paying less per ounce you come out ahead and can afford to buy more. If you save $1000 over the course of a year getting the better deals then you earned yourself an extra ounce of gold. Being frugal pays.
It's the seller's responsibility to get it to you and if it get's lost it is not your problem.
Actually from a legal standpoint that is not true. Once the seller delivers it to a third party shipper as long as they have proof they sent it then they are relieved of responsibility in the case of loss or damage. Some of the larger dealers use Lloyds of London to insure their shipments and others just use the carriers insurance. Whenever you buy online don't assume it is insured, MAKE SURE! And if its more than you can afford to lose make sure a signature is required so the UPS or FEDEX guy doesn't just leave it laying on your doorstep for anyone to take. If you're buying more than a few pieces a week and getting multiple packages it's worth the investment to get a PO box or a Mailbox at the UPS Store or Mailboxes Etc to have your packages delivered to where you can just go collect everything at once instead of sitting at home waiting for a delivery only to have the UPS guy leave $1000 worth of silver or gold laying on your doormat when you have to leave sudden;y.
Actually from a legal standpoint that is not true. Once the seller delivers it to a third party shipper as long as they have proof they sent it then they are relieved of responsibility in the case of loss or damage. Some of the larger dealers use Lloyds of London to insure their shipments and others just use the carriers insurance. Whenever you buy online don't assume it is insured, MAKE SURE! And if its more than you can afford to lose make sure a signature is required so the UPS or FEDEX guy doesn't just leave it laying on your doorstep for anyone to take. If you're buying more than a few pieces a week and getting multiple packages it's worth the investment to get a PO box or a Mailbox at the UPS Store or Mailboxes Etc to have your packages delivered to where you can just go collect everything at once instead of sitting at home waiting for a delivery only to have the UPS guy leave $1000 worth of silver or gold laying on your doormat when you have to leave sudden;y.
S
Scribbles
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Well, I was thinking of the Pandas from apmex.com, not ebay or somewhere else. I assume you'd get what you paid for from them..
You would get the coins you asked for, but they would be much harder to exchange, there isn't as much confidence in peoples mind for those coins, because of all the counterfeits.
liberty_Forever
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I like 99.9% myself. (Canadian Maples, American Eagles, Name brand rounds) .
You probably want to invest in a bit of both (90% and 99.9%).
http://apmex.com has decent prices.
You probably want to invest in a bit of both (90% and 99.9%).
http://apmex.com has decent prices.
LastoftheMohicans
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Get both. I got a little over 50ozs of silver rounds. My last purchase was a $10 roll of 90% silver quarters, and I'm still waiting for it to arrive. After that, I plan on buying more 90% silver as I can afford it. Half dollars, quarters, and dimes.
Don't forget gold. Even if you plan on investing primarily in silver, you should still get the occasional 1/10oz or 1/4oz gold coin.
Where were you able to buy a single roll? Ebay? What did you pay, if I might be so bold to ask?
Apmex sells single rolls of pre '64 quarters and other similar stuff....
http://www.apmex.com/Category/17/90_Silver_Coins_Rolls__Bags.aspx
Trigonx
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I couldn't help myself, i found 3 rolls of BU 1964 Kennedy Halves and i had to buy them. Found em on ebay, payed 388.20 which turns out to be $18.22/oz. I payed a premium i guess but they look soo shiny and awesome looking. So far this week i've gotten silver rounds, 90% silver, and some gold. I seriously expect the price of gold and silver to jump when the "rebate checks" start rolling around so i'm stocking up before its too late.
Have you been watching the price of Platinum over the last 2.5 months? $500 jump. http://monex.com/prods/platinum.html#3-month
I'm sure they do to an extent. What business doesn't. I'm sure they will be more than happy to discuss their disclosure plan with you. If you are really concerned you can always get a Post Office box or use a friend's house to receive deliveries and you could order with APMEX via telephone and money order. It will take a little longer but you can use aliases and not be concerned about being tracked.Benaiah said:
Trigonx
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Yeah i've seen it jump, the power problems in South Africa is seriously affecting the price of platinum.
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