I Tried to Sell GOLD BARS to Coin Shops - Here's What They Said!

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Silver Seeker

Silver Seeker

Күн бұрын

Пікірлер: 460
@incognitomontoya1131
@incognitomontoya1131 2 күн бұрын
My local shops are crooks. Put me off stacking with how they do business. All their stuff is great! All your stuff is trash. Talk down to you. I'd rather do business online. No bs.
@edb3877
@edb3877 2 күн бұрын
Sounds somewhat like my LCS. Local guys are not crooks but they know FA about doing business. Last time I went there was a year ago. I had $7,000 in cash on me to buy gold coins. I wandered around their large shopping for 25 minutes and not one of the dozen clerks asked if they could help me or what wanted. I left without buying anything, went home, ordered 3 gold 1-oz. Maples online. Problem solved.
@robertlee4172
@robertlee4172 Күн бұрын
Yup, I got the jerk around in Canada too. It's an industry standard to behave like scuzz-bag criminals. I just discovered that our biggest banks got into selling and buying gold too. I haven't approached them yet, but let's see how a large financial institution treats precious metal buyers.
@davidmmm8
@davidmmm8 Күн бұрын
Well local coin shops are as unique as one’s fingerprints… My guy is a swell fella. Yours may not be so. 🤷🏽
@michaelangelobergeron5980
@michaelangelobergeron5980 Күн бұрын
@@edb3877Sometimes online dealers have even better prices too! I would have done the same thing, minus the Maples, I would have bought 3 gold Buffalos.
@robertlee4172
@robertlee4172 Күн бұрын
@@davidmmm8 "My guy is a swell fella." What is this? From the 50s? It's quite possible, that giant grin you see on his face, is from the big payday he anticipates, as you walk through his front door.
@PatriachalRain
@PatriachalRain 2 күн бұрын
I like the way you formatted this video. Easy to follow along and not get lost in the charts and graphs.
@pmtime407
@pmtime407 2 күн бұрын
Both! I used to buy gold bars in Assay cards on sale for $15-$30 over spot. I recently sold a few for $50 under spot so the total premiums to buy and sell totaled between $65 and $80. My Eagles came with a much higher premium, but I was offered spot price for them when I sold. I made slightly more on the bars which was what I ended up selling. I prefer to hold onto my sovereign coins for investment purposes or a SHTF scenario. The same rule applies for my SAE's. I sell my bars first, generic 1oz rounds 2nd, and I hold onto my Eagles and Constitutional Silver for the future.
@scotttousey227
@scotttousey227 2 күн бұрын
Spot for eagles is a rip off find another dealer they charge way over for them as it is I hate greedy people
@pmtime407
@pmtime407 2 күн бұрын
@scotttousey227 I have several dealers I've sold to and the last one offered me $50 under spot for the bars because he didn't have any at the time. None of the other dealers were willing to pay that much. It's not smart to limit yourself to just one dealer. Always sell to the one offering you the best price 🤓
@michaelangelobergeron5980
@michaelangelobergeron5980 Күн бұрын
That’s great advice and I think it’s a great idea to stack cheaper gold that’s maybe not as cool but it’s the first on the list to sell when necessary
@pmtime407
@pmtime407 Күн бұрын
@@michaelangelobergeron5980 Yes sir!!! If it's time to take a few chips off the table because of a huge price spike they're the first ones to go.
@richpaydirt
@richpaydirt Күн бұрын
Precious metals are a racket. I spent years stacking before I had to unload some to come up with cash for a land purchase. Of the 3 coin shops in my area, 1 wasn’t buying at all, 1 insulted me with a ridiculously low, rip-off price and the other only wanted to buy my sovereigns at $1 below spot. I sold it all to an online dealer and still felt like Id been had. And most people think that precious metals are great for a rainy day. When the rainy day comes, you’ll be lucky to find someone to buy it for a fair price if at all, especially in an economic/ social meltdown with every trying to sell at the same time.
@pacnik77
@pacnik77 Күн бұрын
APMEX buying,KITCO as well worth checking before getting RO
@glenvilleashby8850
@glenvilleashby8850 7 сағат бұрын
With high premiums to boot. A racket, for sure. Honesty is few and far between!
@willa2365
@willa2365 Күн бұрын
I can always find a local buyer to buy a gold bar at spot or just above. Gold is money worldwide. The "dealers" are trying to make a living, so find a local stacker.
@martinrev8487
@martinrev8487 18 сағат бұрын
Agreed. I tell local private sellers and buyers that if the LCS (market overall) is offering X, I'll meet you in the middle (between the offer or price and spot). That way, we both win. Usually does the trick.
@NorthCoastBob
@NorthCoastBob 2 күн бұрын
Whichever is cheaper to buy. Because when gold hits $10,000, sure the premium nominal amount on an AGE may remain, the but premium percentage on an AGE will be a fraction of what it was. Meaning that premium money would have better spent on more gold in bar form.
@bobsacamano7653
@bobsacamano7653 Күн бұрын
I think gold will hit $2000 before it goes to $10000
@antoninop.1411
@antoninop.1411 Күн бұрын
@@bobsacamano7653 - sounds like the type of advice Kramer always got from his buddy
@NickelNationCoinsMore
@NickelNationCoinsMore 2 күн бұрын
👍 both, depending which I can get for a lower premium at the time, which is usually bars.
@michaelangelobergeron5980
@michaelangelobergeron5980 Күн бұрын
I’ve found pre 33 gold and European gold sovereigns to be even more affordable than even bars and you get a beautiful historic design, only thing is it’s 90% gold…
@antoninop.1411
@antoninop.1411 Күн бұрын
@@michaelangelobergeron5980 - Gold Eagles are 91.67% gold. Many older sovereigns are 90%, which is still considered fine gold, though the lowest level thereof. But the mixture with other metals makes them more durable than 24k gold, which is softer and easier to damage if not protected. Regardless of percent gold content, you usually get 1oz of gold in the lower % gold coins (I'm sure you already know this) with the exception of some older sovereigns that are just under 1 oz. like the Austrian 100 corona is 90% with .9802 tr oz of au. And a lot of the old gold is just under 1oz many times. You're right, those historic designs have the same impression I think, aesthetically, as say 'junk silver' with their designs. It's sort of a time capsule for the mind..a bit transporting, even if many of them are restrikes. For the newer coins, I do really like the Austrian Philharmonic design. And of course, the iconic Maple Leaf. I like the Britannia as well. After those, I do like the Perth Mint designs but I haven't actually bought any of them except in silver.
@michaelangelobergeron5980
@michaelangelobergeron5980 Күн бұрын
@ pre 33 gold and pre 65 silver I think are the best way to stack on a deal. What did you buy from the Perth Mint? I have their gold Kangaroo and it’s stunning, especially how they change up their designs every year! Good luck stacking and stay educated 😎
@mpaco3028
@mpaco3028 2 күн бұрын
Buffalo is also my 9999 preference
@michaelangelobergeron5980
@michaelangelobergeron5980 Күн бұрын
Same here! They’re the best American gold coins in my opinion
@TheRios7018
@TheRios7018 2 күн бұрын
20 years ago I purchased a 1oz gold bar ! Through the years I fell into a hard time and sold the bar I actually made money! Nowadays all I purchase are gold eagles! Can’t go wrong if you need to sell! Awesome video sir! You do a lot of work on these videos and I appreciate it!
@JoeStacks419
@JoeStacks419 2 күн бұрын
I like generic silver, but my gold is eagles & buffs all-the-way.
@justsomeone6835
@justsomeone6835 Күн бұрын
Totally agree 👍🏻
@markstewart3720
@markstewart3720 2 күн бұрын
Great video! I really enjoy watching you each day.
@davidholland8584
@davidholland8584 7 сағат бұрын
This is the best video that I’ve seen. Very helpful and well done. Thank you.
@ciscoguru69
@ciscoguru69 2 күн бұрын
I have both, but you've made a solid case for Eagles. Thanks SSS! 👍
@ZXC_ZXC1
@ZXC_ZXC1 Күн бұрын
I like this format better than phone calls. Gold bars are usually the cheapest way to buy 1 oz. However, if you plan on buying a lot of them 1 oz gold coins take up less room to store. For instance, a tube of 1 oz gold maples is 10 coins. A tube of gold eagles or buffaloes is 20 coins.Ten 1 oz gold. bars with assay card takes up about 10 times more space.
@jimlewis5477
@jimlewis5477 2 күн бұрын
I like the way you do your spreadsheet on paper here better than the old way. I am old though and I am a paper guy lol. It seems like its better to have a coin than a bar.
@Back2SquareOne
@Back2SquareOne Күн бұрын
Interesting data, thanks for doing the leg work. I have a couple minor suggestions. When you show a list of buy vs sell numbers, don't use the label "Diff". Use the more specific accepted terms "Spread" or "Margin". Also, don't just list just the the dollar amount but also provide a %. This makes it easier to track when margins grow and shrink and makes it easier to compare to other types of metals or coins.
@Crispy640
@Crispy640 2 күн бұрын
I did this math already when i started w gold. Same w silver. I do eagles and buffalos only w gold. Heaven forbid i die or get arrested and need bail money, i dont want my family having to go to every place in town and having to haggle. Getting spot anywhere is what i like.
@GregoryHubbarth
@GregoryHubbarth Күн бұрын
As for your question, I prefer Buffalos and Maple Leafs. Should it be Maple Leafs or Maple Leaves?
@toreschanke4086
@toreschanke4086 2 күн бұрын
In Norway coins are without VAT, but bars, rounds and ingots have about 20% VAT if you are buying from a company...
@toddgwinn8395
@toddgwinn8395 2 күн бұрын
You really make great videos. Thanks
@Disinfective_Vibes
@Disinfective_Vibes 23 сағат бұрын
Very informative. Thanks for the effort made to produce this video 👍. I wonder if you can make another one about fractional gold comparison especially between 5 gram bars, quarter ounce Philharmonic and British sovereign gold coins. That would be interesting for low budget gold stackers.
@apaulytp
@apaulytp 10 сағат бұрын
Liked the content/format. Thx
@milessakauye8819
@milessakauye8819 2 күн бұрын
eagles! I prefer buffalos.
@mudvayne2311
@mudvayne2311 2 күн бұрын
More purity
@COOKIE.MONSTER-123SesameStreet
@COOKIE.MONSTER-123SesameStreet Күн бұрын
The simple fact is Eagles have a premium over buffaloes so if you want the absolute best it’s American gold eagle and if you want better than that, it’s an American gold eagle proof. Buffaloes are nice, but they’re just not as popular…
@Sldghmmr338
@Sldghmmr338 Күн бұрын
@@mudvayne2311still one once of gold…duh
@mudvayne2311
@mudvayne2311 Күн бұрын
@@milessakauye8819 well I'm glad I bought a gold eagle at 1780 spot but paid like 2080 for it 😭
@mudvayne2311
@mudvayne2311 Күн бұрын
@@Sldghmmr338 whoops meant to tag u
@kprice8131
@kprice8131 Күн бұрын
i actually like when you record the interaction with the dealers but you do what makes sense for you.
@timdeters9026
@timdeters9026 Күн бұрын
Eagles are great if you don’t live and buy bullion in Minnesota they charge tax which would be around $150 for the eagle Gold bars that are not bullion there is no tax
@python5698
@python5698 2 күн бұрын
What about gold maples?
@cottonclarksa
@cottonclarksa 2 күн бұрын
@@python5698 indeed, a comparison between sovereign coins would produce a very interesting result. That would be more relevant for me.
@DanCooper404
@DanCooper404 Күн бұрын
They're my preference.
@SlickCat
@SlickCat 2 күн бұрын
Seems most shops prefer Eagles and Buffalo's. I'd be interested in the differences with other coins like Maple's, Kangaroos and Britannia's.
@scotttousey227
@scotttousey227 2 күн бұрын
American coins here in USA are more valuable for some reason to me gold is gold same for silver but dealers don't see it that way
@dongreenlee675
@dongreenlee675 Күн бұрын
Any gold coin is what I prefer. In fact I just picked up a 1/4 ounce Chinese Panda and a 1/4 ounce American Eagle along with a bunch of silver rounds and junk dollars and halves. Buy the dips!
@rayk126
@rayk126 2 күн бұрын
A couple weeks ago I went to the local coin shop in central California. I was offered 93% of Spot (.9675 Oz.) for a Gold Double Eagle. Using 2570 X .9675 X .93 their offer was 2312.42 I was offered 20 under Spot for a Slabbed MS70 FS one ounce Gold Coin. I didn't sell them. The only Coin I will be buying is Doge Coin.
@Patrick-kt5mc
@Patrick-kt5mc Күн бұрын
2312 is hardly anything for a pre-'33 Double Eagle as they are going for $2,8xx + on the Bay, more than a one oz bullion Eagle.
@rayk126
@rayk126 Күн бұрын
@@Patrick-kt5mc The guy also used the "It's not Solid Gold" line on me. I shot back "it's .9675 Once of Gold. proving to him I knew what I had and what I was talking about. I do have a bay account and I've sold many things. The problem is that my Dad sold a Silver Philharmonic on the bay, the guy said he got a counterfeit. My Dad had to take it back and he got back a steel slug. My Dad also sold a used Saxophone he repaired. The guy complained it was used and the bay made him take it back. The guy had removed parts from it and sent it back. After that my Dad never sold on the bay again. I can't take the chance. The bay always sides with the buyer. There is a Coin Show coming up and I'll see what I'm offered.
@dronetestdaegan
@dronetestdaegan Күн бұрын
I'd buy it for that price, heck, 2400$ even!
@TheMostSlyFox
@TheMostSlyFox Күн бұрын
When you sell crypto on exchanges, most gas fees are around 1%. Gold coins from lcs want 5% over, and pay 5% under when you sell it 😂 Its so crooked it's funny. Also, the doge i bought yielded a 300% rate of return in the same time period gold gave me a 28% one. Lmfao
@stevec2645
@stevec2645 Күн бұрын
That's why we buy the dips...
@WhiteWilbur
@WhiteWilbur 8 сағат бұрын
I prefer coins because I like them in coin capsules which are easier to store, you can play with them and wash them later, they are easy for the at home person to authenticate with ping test, they are easier to sell internationally, they come with cool designs for variety. You can tell bars in assay cards are less popular because LCSs are always trying to push them on you. I like your paper presentation better because it more shows what an average person would do shopping around and gives just a simple idea of what others should do. The cool graphics on screen feels a bit like pawn shop environment, and I think the vibe is not as good. I thought the spread on bars would be tighter, but then that's the market for you. I did a similar calculation comparing Krugerrand and a Gold Eagle, and I got a better spread on the Krugerrand even though they are less popular. Thank you for the video.
@bigdaddyhoffman1911
@bigdaddyhoffman1911 Күн бұрын
Good Saturday Morning Silver Seeker and thanks for another .99999 fine video. If I could rate this video like they do Google reviews you would get all ⭐⭐⭐⭐⭐'s on video quality, background, topic, presentation, information, tone, etc, etc. and I didn't see one combative comment. Good Job Sir.. On the paper vs grafts and overlays, I say whatever cranks your tractor. Keep up the good work. 👍 Life is good..........God Bless
@Wes_Stacks.
@Wes_Stacks. Күн бұрын
I agree sir
@richardlong3588
@richardlong3588 2 күн бұрын
Gold bars....from a trusted source
@user-fe5uh2bi2t
@user-fe5uh2bi2t 2 күн бұрын
Not just gold bars, but PAMP veriscan gold bars.
@danielkidney5083
@danielkidney5083 Күн бұрын
Great content!
@comppro123
@comppro123 2 күн бұрын
Gold Eagles. I commented before I watched the video. The reason is that they are universally recognized, and buyers are more willing to purchase them because of their trust in the US Mint.
@tjmmcd1
@tjmmcd1 Күн бұрын
It's also a lot easier for counterfeiters to create a fake bar, (e.g. gold-plated tungsten), than it is to make a fake eagle.
@danescashcache
@danescashcache Күн бұрын
Any gold coins is better than a bar. The numismatic value can always increase over time. Bars will always be just a bar, coins have collectability.
@r2d2keller
@r2d2keller 2 күн бұрын
Anytime I can get information that may help me in the future helps and I want to thank you for this video.
@scottymoondogjakubin4766
@scottymoondogjakubin4766 Күн бұрын
To buy 1 oz. of gold add in the sales tax which can be $175 then add in $26 over spot ! Thats about $200 ! then you sell it and you automatically lost $200 ?
@Sovereign_silver
@Sovereign_silver 2 күн бұрын
I prefer Gold eagles
@cowhand6112
@cowhand6112 Күн бұрын
Enjoyed the video. I'm thinking the same probably applies to Silver bars vs rounds. But at some point it becomes boring to just stack the "same old thing" so some design on a bar grabs your fancy and you stack a few of those. All the while suspecting that the "investment" aspect isn't as good.
@kellenl9823
@kellenl9823 2 күн бұрын
Either way... I like these price comparison videos... Really opens yer eyes on shopping around. I'd be interested in an oddball item (war nickels or 40% ikes) may be interesting on those items🤔
@kemonephillips
@kemonephillips 2 күн бұрын
I prefer bars... It's just something about the presentation😢😮‍💨🤷🏾‍♂️
@colebesaw5225
@colebesaw5225 Күн бұрын
Definitely goes to show my local guy is good to buy from but not sell to which I appreciate and respect since I’m just looking to buy. But I know if I ever need to sell I’ll want to shop around.
@isidroramirez8018
@isidroramirez8018 Күн бұрын
I like bars tbh I been getting silver bars love how they are and different shapes of bars they make..bars i get be having them mad premuims tho but I like em and they are for long term thx sd bullion for mad selection
@CuylerSalyer
@CuylerSalyer Күн бұрын
I prefer the coins for several reasons. I buy 1 oz. Mexican Libertads, and buying the coins brings some tremendous benefits. Certain years coins, that I bought 5-6 years ago, are now worth 10 x's what I paid for them, due to minimum mintage that year do to various reasons like, 2008 Bank Meltdown, 1998 World Financial Crisis, and now Covid. I have 14 coins worth 4-5 x's what I paid for them.
@robertlee4172
@robertlee4172 Күн бұрын
I'm thinking the bars are not as fungible, when they get to the heavier weights. Less people buying. So, therefore more businesses tying up resources while they wait for buyers. They set a standard straight across the board when it comes to coins versus bars.
@kellysg150
@kellysg150 Күн бұрын
I love the paper... It's all there in one look!!
@The1guyUdontreallyremember
@The1guyUdontreallyremember Күн бұрын
I love recording videos but I will still watch all!❤
@philschiavone101
@philschiavone101 Күн бұрын
If what happens the way I think it will happen, I would rather buy gold bars. I think at some point gold will rise high enough so bars are coins will be the same price.
@SupremeGGstacker
@SupremeGGstacker 2 күн бұрын
Always great work dude!
@EmilyTienne
@EmilyTienne 19 сағат бұрын
I love your room interior. Tudor?
@robborr5096
@robborr5096 22 сағат бұрын
I am a new millionaire and was interested in buying gold and am completely put off by the spread, the premiums, the difference in offers between stores, etc. What a hassle, I can continue trading stocks from the comfort of my cellphone without having to go through such a pain in the neck and make a lot more money.
@walterswanson3867
@walterswanson3867 Күн бұрын
As a stacker I try to buy the cheapest so I can buy the most. I've seen what you talk about with both gold and silver. Dealers will pay more for coins like Eagles than bar or even other sovereign coins. They know people are willing to pay more for the Eagles, so they pay more to get them. For me that's not enough reason to buy Eagles unless I get a good deal on them. I rarely sell any of my stack unless it's an emergency. So if I'm selling, I wouldn't be doing so unless I knew I was making a profit. For example, if I bought a gold bar and a gold Eagle when they were $2000 and sold them now, I will still make a profit. Granted the Eagle would get me a little more, I would still be happy with the bar profit.
@danwebb755
@danwebb755 2 күн бұрын
I'll pay the extra $50 now for a Eagle/Buffalo. Maybe pick up a few extra 1/10 oz novelty pieces like "year of the" coins, to mix things up
@davidmorris4213
@davidmorris4213 2 күн бұрын
I have purchased bars before but not Eagles. I have bought foreign gold coins however. I base my purchases on the price of the item. To me, an ounce of gold is an ounce of gold. I set a sell price for everything as well. When I can get that price then I sell, whether it is below the actual spot price or not. I never sell for less than I bought something for. I do not have to sell so I have no problem waiting for my price. This includes my silver buys and sells as well.
@the-tribe
@the-tribe Күн бұрын
New format is nice; but penmanship needs improvement. A broader tipped pen would also help legibility.
@rondaudelin6042
@rondaudelin6042 2 күн бұрын
i would think eagles or coins in general...but isn't gold gold?
@iamanempoweredone6064
@iamanempoweredone6064 2 күн бұрын
There is numismatic value on the eagles which could prevent confiscation.
@go4it764
@go4it764 Күн бұрын
Are the coin dealers in Missouri you called located in the St Louis metro area?
@sailfly2869
@sailfly2869 2 күн бұрын
I’m strictly sovereign, but then again you folks got me into 5 T.oz vintage bars. You cannot rely on others when in need. One thing that surprises me is most here don’t use there PMs as collateral for short term loans via a pawn shop which to me is getting my original portfolio back at a small premium versus buying new again.
@dronetestdaegan
@dronetestdaegan Күн бұрын
their.
@sailfly2869
@sailfly2869 Күн бұрын
@ are we a remote pilot??
@HeyBuddays
@HeyBuddays 2 күн бұрын
I like the new format but can you use Microsoft word to type it and do different colors when needed?
@larrylezon1590
@larrylezon1590 Күн бұрын
I think the difference comes down to supply and demand for each particular area. While gold bars are technically the better value, if there is lower demand for those items, the buy-back price will be lower. Frankly, with a huge amount of counterfeit metals entering the market (particularly from China), I would like to see a focus on a reliable testing devices that don't cost more than the gold I'm trying to purchase. I'm not sold on the "ping" test, and haven't quite reached the level of being able to grab a more sophisticated device that runs more $ than my purchase. With that said, I like your videos and appreciate the time and effort put into them! Would love for you to call Old World Coin (McHenry, iL), Gold and Jewelry Direct (Algonquin, IL), PGS Gold and Coin (Schaumburg, IL) and any others in the Chicago suburbs to see if there's a big difference in price. You could focus on other metro or near-metro areas to see how consistent the prices are in those areas. Just a thought. Thanks for the content!
@jeremyh4327
@jeremyh4327 2 күн бұрын
I like the hand-written but maybe try a sharpie, hard to read the pen when watching on a cel phone
@Uduplr
@Uduplr Күн бұрын
Yes, local dealers need to make a living. However, they don’t need to Steal as much from each person in order to make that living. In simple transactions they are making enough to more than pay the rent on their office space and their weekly groceries.. Precious metal sold through various golden silver dealers as well as local dealers has become a total stealing from the consumers . I Would have liked to see what they would give and how much they sell for silver in rounds and Eagles.
@RichardRoche-c2w
@RichardRoche-c2w 2 күн бұрын
I would prefer Buffalos also. However, I can buy fractional Eagles.
@sorcererstan
@sorcererstan Күн бұрын
Prefer coins or rounds, especially over bars in TEPs. The TEPs don't stack
@PatriachalRain
@PatriachalRain 2 күн бұрын
My early comment is that I think you will find you get the lowest or most favorable spread by mixing and matching where you buy and subsequently sell. The place that sells for the best price usually isn’t the place that pays the most for your gold. I don’t “flip”, but I have found situations where it is possible to buy at one place and immediately sell for a profit to a different dealer. Logistics makes it more difficult than it sounds, but it is possible.
@Revenant_Dancer
@Revenant_Dancer Күн бұрын
I guess the eagle would be my choice if I didn’t have to think about how to handle it - in the mean time fractional bars is where I stack until I feel like there is enough in the safe
@bobblenuts
@bobblenuts Күн бұрын
I like the bars prior to watching but don't own any yet, After, I think the Eagles are a better deal on average. I guess I would still shop for lowest price and if not much different, go with the coin. Good video, like the notes better than your graphics. thanks 👍
@dougmckernan8580
@dougmckernan8580 13 сағат бұрын
Former local Old time B&M shop does way too much G&S to not have any analytic testing, only scratch plate and chemicals, They want to drill every gold bar you bring in.
@dougmckernan8580
@dougmckernan8580 13 сағат бұрын
The eagles and Buffs bring more, so depends on what premium you paid vs Bars. In Europe, generally, priced the same
@Blue_Siberian
@Blue_Siberian Күн бұрын
premiums on the Eagles is usually high but lets see what we discover thanks for the info
@rnp1785
@rnp1785 2 күн бұрын
Odd they’d pay you less for 24 karat gold bar and then pay you more for 22 karat gold eagle. 1 ounce 22 karat gold price is $2348.23, 1 ounce 24 karat gold price is $2563.08. I don’t understand why that is.
@billparks7368
@billparks7368 2 күн бұрын
The lowest premium. I like any metals in the cards. Keeps them from being handled. They're serial numbered
@OminousRooster
@OminousRooster 2 күн бұрын
I like your digital spreadsheet better but no matter what I would need to zoom in to read it. So either or works for me. Yeah I prefer the coin over the bar, just my preference
@cphipps1969
@cphipps1969 Күн бұрын
I prefer gold eagles, but it's been my experience that the spread on gold bars has been better at my LCS. Interestingly the best spread for gold at my LCS is for kangaroos. They currently buy for 1.85% below spot and sell for 2.35% over spot.
@mfb3042
@mfb3042 Күн бұрын
To my dismay I had to sell my bars, a gram or an ounce because the local coin stores in northern AZ wouldn't buy them. I converted all to American eagles. The smallest store will never reject an eagle fractional or 1 oz. Test the stores you would sell to ahead of time. I had to drive a 250 mile round trip to convert. I didn't watch the video yet.
@harryviking6347
@harryviking6347 Күн бұрын
I have been buying those small gold bars for a few years. Mostly 1/2 oz. They have doubled in value since I bought them, so I am a happy boy! I do not know enough about coins, so I stay clear.
@CuylerSalyer
@CuylerSalyer Күн бұрын
Mexican 1 oz. Libertad 1998 during the World Financial Crisis it was minted. Now it's offered for $459.00 ea. Before this $600 latest correction back down in Gold/Silver it was selling for over $600.00 At $459.00 that's a least 17 x's what they were originally purchased for. I wish I had one of those, but I don't. No brainer for me. I'll buy the coins above the Bars.
@garrettfoxdrumshorts
@garrettfoxdrumshorts Күн бұрын
I am just now starting the video still at .22 seconds and I prefer coins over bars for small 1oz, I love bigger bars!! For the coins, I prefer Brazil, Canada Maples, American, Britain and Mexico
@meddlehedd1194
@meddlehedd1194 Күн бұрын
Commenting before watching here.....I like the S/N on bars but I prefer coins because they take up less space than bars in packages. As far as selling, I would guess there is a small premium to sovereign coins over bars.
@jstaruk2
@jstaruk2 2 күн бұрын
Bars
@Patrick-kt5mc
@Patrick-kt5mc Күн бұрын
Wouldn't the size of the gold make a difference? All my gold is fractional. It seems like the 1/4 oz Eagles dealers don't seem to like them very much as they pay way under spot for them. I prefer the PAMP bars but the biggest one I have is 10 oz. I wonder how much I would get for that, I'll have to ask as I'm curious now.
@rubensaenz1954
@rubensaenz1954 2 күн бұрын
Good information
@Tracy-wr7mj
@Tracy-wr7mj 2 күн бұрын
like to see the eagle against thr maple or krugger
@charleswest6728
@charleswest6728 Күн бұрын
Gold eagles and buffalo’s have a money denomination, and bars do not. The government can depend on there actual money value.
@michaelangelobergeron5980
@michaelangelobergeron5980 Күн бұрын
Gold Buffalos are far superior to the gold Eagles. I know that my local coin shop won’t pay over spot for gold bars, regardless of the brand, but they’ll pay like 1% over spot for American gold coins.
@remonmicheal8753
@remonmicheal8753 Күн бұрын
Thank you for the good video
@1000millionbillion
@1000millionbillion Күн бұрын
Gold eagles or PAMP bars and I like this format so if it’s easier for you then the message still gets conveyed without having to altar their voices and do all that extra work.
@dragonshoardstacker
@dragonshoardstacker 2 күн бұрын
Comment before watching! I prefer gold, Britannia usually cheaper than the eagles not bars my coin shop won't buy anything in a assay card they open it up to test it because of fakes
@Tracy-wr7mj
@Tracy-wr7mj 2 күн бұрын
❤️amazing how they snub solid gold bars.
@patricestange8151
@patricestange8151 Күн бұрын
Eagles seem to get a premium over bars and are probably easier to liquidate. I like both the eagles and buffalos
@dukenukem001
@dukenukem001 10 сағат бұрын
only American gold coins for me ... buffalos are the preference but AGE"s are close 2nd
@TomsMoonpie-hs9rk
@TomsMoonpie-hs9rk 2 күн бұрын
I’m new to metals but I think I heard on one video that they have to pay more to have it go through the melt process and that’s a cost if I heard it correctly.
@rickcade1474
@rickcade1474 Күн бұрын
I like the paper over all the graphs
@levonparian6863
@levonparian6863 Күн бұрын
Eagles. After watching the video I think I still like the coins better, but you are paying a premium for them so it seems because of demand the resale price stays higher. Good video, thanks.
@michaelshanafelt7327
@michaelshanafelt7327 2 күн бұрын
What’s the difference between following and subscribing to your channel?
@JohnnyBGood11
@JohnnyBGood11 Күн бұрын
I sold a 2009 UHR (Ultra High Relief) coin not graded with box COA and book for 2660 today 11/15/24 and spot was 2570, if I sold it on ebay for 3k I would have gotten 62 dollars less because I would have had over 400 dollars in ebay fees, and I would have to worry about getting ripped off by a bad buyer. I don't like selling silver or gold on ebay, too many things can go wrong. He said he would put it for sale in his case for 2750/2800
@douglaseuritt3919
@douglaseuritt3919 Күн бұрын
I’ve given up on EBay for selling. They’ve destroyed the seller’s rights and pander to the worst of the buyers. I grew tired of people who would place a cancel request within seconds of an auction win and there’s really nothing you can do about it. People place excessively high max bids and then see if the price they won at is low enough for their taste and if not then they cancel without any impact to their account. I would NEVER sell on EBay again.
@TheQuickSilver101
@TheQuickSilver101 2 күн бұрын
I like the graphics and overlays but I'll take either that or paper
@michaelrussell5736
@michaelrussell5736 2 күн бұрын
Only buy eagles or buffalos. Thank you for confirming my strategy. Like the new format, too.
@turbostacking
@turbostacking 2 күн бұрын
Gold bars normally come in Essays. I have heard since I started stacking, if you buy bars, make sure it's in Essay. Like that Essay cannot be fabricated. Therefore, I don't buy gold bars, because of the ridiculous size of the Essay cards. Plus, I want to hold the bare bar. So what's up with Essays?
@9171891
@9171891 Күн бұрын
bars, before watching. (My state MN, charges sales tax on coins but not bars so that makes bars better from my LCS or online) sad but true.😥 Thanks for the video.
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