Gold

I was wondering, does anyone here buy gold, silver, whatever? I've been thinking about it and gave ebay a quick scan. Seems like there's some reputable sellers on there, anyone evr buy bullion of ebay? I stopped at a local "gold and collectible" local place a month or so ago, turns out more collectibles than gold. Some really cool kreugarands tho. I abstained.

Testing the waters, see if anyone else is thinking of stashing a little something.
not me....but I hear there can be a huge mark-up on "collectable coins" so bullion is the way to go. I'm not sure if I trust Ebay for such and item and the pricing I see looks to be above market. Ebay lowest = $1159.69/ounce and sport market it $1089.30 - a mark-up of 6% - 7%.
Quote

Originally posted by: jphelan
not me....but I hear there can be a huge mark-up on "collectable coins" so bullion is the way to go. I'm not sure if I trust Ebay for such and item and the pricing I see looks to be above market. Ebay lowest = $1159.69/ounce and sport market it $1089.30 - a mark-up of 6% - 7%.


I know, it's why I'm asking. Best I see on Ebay is troy oz for 1151. I have reservations for sure bt there are tens of thousands satisfied buyers I was curious, that's all.
I may or may not be allowed to comment. If this is deleted please forget I ever said anything.

Be sure to look into all regulations and laws as they pertain to bullion and coins and the differences thereof.

Do your due diligence as to buying, keeping and selling both as an independent investor and client. Then read some more about it. Afterwards realize that you still don't know enough and get even more information.

You have your reasons as to why you want this information and I am certain that I may not comment as to that. Just remember your reasons.

Some of my stash. I keep the bulk in a safe deposit box.



YES! I buy and sell gold bullion on Ebay.
The 10% commission is kinda steep for sellers but buyers just pay what it's listed for.
I got 5 1 OZ. bars last year for around $1,200 each.Had to sell 2 last week for $1,090 including PP and Ebay fees.
https://www.ebay.com/itm/181916888887?ssPageName=STRK:MESOX:IT&_trksid=p3984.m1559.l2649
I should have sold them to a coin shop,locally.
I like MCM and Liberty Coin.
$1,100 per ounce in bullion is a good deal.
Gold is down right now.So is silver.
I have 5 bars of gold and about a pound of silver proof dollars left.
This is about average:https://www.ebay.com/itm/1-Troy-oz-Credit-Suisse-Gold-Bar-9999-Fine-Sealed-In-Assay/311444564385?_trksid=p2047675.c100005.m1851&_trkparms=aid%3D222007%26algo%3DSIC.MBE%26ao%3D1%26asc%3D20150604093004%26meid%3Dd0c8a9682152496fb68f6e4b5c90458c%26pid%3D100005%26rk%3D3%26rkt%3D6%26sd%3D331580554390&rt=nc
You may consider bullion in grams as well.
https://www.ebay.com/itm/1-Gram-Gold-999-9-1000-Fine-Gold-Ingots-Valcambi/201362921939?_trksid=p2047675.c100009.m1982&_trkparms=aid%3D777000%26algo%3DABA.MBE%26ao%3D1%26asc%3D20131227121020%26meid%3D0e90743c1fb54e39aa102f27fba4d55a%26pid%3D100009%26rk%3D1%26rkt%3D1%26mehot%3Dpp%26sd%3D141000011147
Caution: there may be duty and customs fees.
I like the idea of those breakaway gram bars.

Damn Surf! That is quite the stash, impressive.
Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now