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Gold Cost


#1

I purchase gold in 1 once units… Have been advise that the
best way is via coin collectors… and have to date found that to
be true… EG, 14 k can be obtained in 1/2 ounce coins via the
Canada coin (1976?) 100 dollars, Turkish coins, etc and the
courgarran (sp?) and reduce as appropriate…

But, is there a better way to purchase? say at the 2/3 ounce
level?

Jim


#2

Jim - If you don’t care about the size/shape or can melt and
mill it down, you can ask your supplier to sell you the bits and
pieces that they have that are left over from their cutting
processes. These are usually cheaper that the sheet Laura


#3

You can buy pure gold from a refiner in any shape or weight.
You can buy it in the form of coins, ingots, or grain. You can
purchase by dollar amount (i.e. $100, $200, $300 etc) or you can
buy it by the ounce price in whatever amount you want, large or
small. I have bought it both ways from D.H.FELL Company in the
Los Angeles area. I prefer to buy grain as then I can alloy it
to whatever my needs are at the time.

Barry


#4

Jim, I don’t know where you are in the world, but if you can
purchase with others there is price break on fabrication charge.
Also, if you are near or can go to pawn shops you can sometimes
buy rings for close or at scrap price. South Africa
(Kugerrands) Canada (Maple Leaf) as well as Mexico & China have
.98+% gold coins - these are the most available in my area. The
smallest that I’ve found commonly available - sold for gold
price rather than at higher price due to rarity - is a 1/20th
ounce Mexican gold piece. Local dealers sell at spot plus 30% so
I don’t find it a savings here. There are companies on the web
which advertise much closer to spot prices but I haven’t dealt
with them yet. One word of caution - there are a lot of
counterfeit coins out there so be careful of your source or
test. Good luck, Kat


#5

hi jim,

i’m with barry on this one. david fell sells any quantity in
grain. you will save the 5.00 charge if you buy 1 oz or over.
they charge a few % over spot (i think) for 24k. coin dealers
charge at least 5 to 10% over spot. when ive been in a pinch,
coin dealers have helped me out.

best regards,

geo fox


#6
    you can ask your supplier to sell you the bits and pieces
that they have that are left over from their cutting processes.
 These are usually cheaper that the sheet 

Now that’s a good idea…is it clean???

Jim


#7

Jim -

About buying gold in random pieces from your supplier - yes -
it’s as good as what they sell in sheets, because it’s what’s
left ffrom their cuttings. What you can’t depend on is the size
you’ll get but I would think that you could talk to your supplier
about it and see what they usually have.

It was suggested to me (by my supplier) when I was buying gold
for a granulation workshop. The instructor also suggested it as
an alternative way of keeping the cost of gold down. Laura


#8

I’m new to the business of buying gold — cvould you quote a
price and supplier of the most reasonable you’ve found for small
quantities? For casting? Thx!


#9

Houston Precious Metals

607 Chenevert

Houston, Tx 77002

713-228-3931

Gold spot plus $5.00/0z they sell any quantity you want.


#10

I order my gold from Hoover and Strong, 1-800-759-9997. They
are the most reasonable I’ve found so far for gold sheet and wire
(but not for silver or gold findings and chain), and also have
casting grain. They used to have a $100 minimum order, but I
believe they have done away with that now.

Jill
@jandr
http://members.tripod.com/~jilk


#11

Frank: Do you know if they sell 18Kwire also at good prices?
Sandra


#12
Frank: Do you know if they sell 18Kwire also at good prices?

Sandra, no they are not a refiner they only sell pure
gold/silver and scrap. sorry

Frank