Buying gold

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Old 11-11-2010, 07:38 PM
escapequeen escapequeen is offline
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The coins we purchased are uncirculated, rated BRILLIANT, British gold soveriegns. The research we did told us that this type of coin would bring more at re-sale than used coins. Also, if you purchase bullion you would have to pay for the verification process when you sell it, which is more of an expense.
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Old 11-11-2010, 07:44 PM
escapequeen escapequeen is offline
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Guess the results remain to be seen. WHen gold goes to $5000 an ounce we will be extremely happy villagers, lol!
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Old 12-05-2010, 10:12 PM
silvertoken silvertoken is offline
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This is a very good place to find how much your gold and silver are worth: http://www.silverrecyclers.com/Calcu...alculator.aspx check the bottom of the page to see the scrap prices.
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Old 01-19-2011, 09:23 AM
silvertoken silvertoken is offline
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With coins being a hobby also precious metals, I would like to know if it would be possible to form a group. Selling and trading for spot price within the group would be more profitable. Taking your coins to a shop or buying them, to me is at a substantial loss on both ends. Also take note there are a lot of forgeries out there from China. I would think forming a group would be very beneficial. The chart I enclosed in my previous post is what I'd be more than willing to buy or sell for spot price. If I was to buy or sell on the outside I would lose at least 5% to 10% of spot.
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