I am interested in buying coins such as American Eagle 1/10 oz and would like to know if anybody has a good source for me? I have ordered from Hoover in the past but would like to know of additional resources. Thank you very much Trudie
Seth, thank you very much for taking the time to answer
We use AAA Precious Metals here in Portland. We pay a small percentage over
spot. If you do not need an uncirculated mint condition coin it’s cheaper
to buy from a refiner than a coin dealer. I personally prefer to buy
Canadian Maple leafs because their gold is .9999. American Eagles are 22kt.
91.67 % pure.
Have fun and make lots of jewelry.
Check to see if there are coin shows or clubs in your area. A coin show is a good place to buy these with the lowest premiums. In our area there are coin shows nearly once a month. Frequently you can buy them for less then you could from the mint.
Shop around of course
in my 1st life and still am to a degree
coin collecting my addiction for my bullion I used mostly
APMEX very competitive and fair
Some of the best advice I ever got was from my first accountant some 40 years ago. He said that since I was in the biz and had easy access, I should buy an ounce of gold grain or coin each month and sock it away in a safety deposit box. If I had done it, which sadly I did not, I would have some 470 oz by now. Today that would be worth 570K roughly.
I mention it because it’s still good advice for you young business owners who have many years ahead of you.
Oh well, such is life…back to work.