Why do you buy gold or silver or precious metals?

I've just pretty much liked how they look. They look really nice and it's nice to know they have appreciated in value in time.

When it comes to silver and gold bars is there really any value difference between four 9 and three 9?

https://preview.redd.it/10581gnkun5e1.jpg?width=2775&format=pjpg&auto=webp&s=3d866717947369d13834953b8c73d2ed4663c253

What margin of error is acceptable when weighing rounds to test for authenticity. I bought several coins from Scottsdale mint so I feel pretty certain that they’re legit. I used one of the coins to calibrate my scale and then when I put another one on instead of showing it as 100% it shows it has 100.22. It is set to grams. Is that an acceptable variance? The other odd thing is as I let it sit on the scale it kind of varied between .22 and .28. Is it my scale? To be honest, I didn’t buy a very expensive one. Thanks for your help

I've seen these at coin shows and they look pretty cools. Are they worth collecting as a cheap way to buy some gold?

Also, what is the difference between Goldbacks and Gold Foil ?

Thanks

I’ve been collecting lots of silver bullion coins, bars etc. some minor gold coins. Wonder what everyone’s opinion is on collecting raw gold nuggets vs collecting gold bullions in coin or bar form? Which is better, useable / tangible or worth it as investment?

I just came across this website called Collect Pure. I’m not sure if it’s new or has been around for a while, but I just found it. They said it to XRS testing and coins before they sell them. Have others had experience with it? If so, what was your experience like? Were you happy with the coins you purchased? Thanks

[WTS]

Hello, Everyone:

I figured an open source community with multiple opinions would be the best bet in finding a solution.

I’m seeking advice or buyers who can engage with me regarding the selling of my grandmother’s silver. She’s in an assisted living home in Arizona and has a safe deposit box in Texas with considerable silver that was gifted to her by a long deceased sibling.

Early December, we’ll be flying in to Dallas and then driving to another town where we will be closing out this safe deposit deposit box with the undisclosed and sizable amount of silver coins.

I’d appreciate hearing from those of you with experience in selling/buying silver and what your recommendation would be for someone in my situation. I’ve been told to steer clear of the local shops as buyers because they’ll most likely rip us off and that there are far better alternatives.

Please advise:

• Where should I look to find or arrange for a buyer?
• Where do I find a place to even weigh the silver?
• Is there supposed to be some sort of “go-between” who can verify the weight to any remote buyer?
• What would you do in my situation overall?
• Am I able to arrange for a buyer ahead of time without even knowing the amount/weight of the silver?
• Is this transaction even something that can even be achieved remotely with the funds for purchase being wired to our bank account?

I’m completely in the dark here and hope to have multiple opinions to gather a consensus from trusted members here.

Thanks so much in advance for helping us get this behind her. It’s been something she’s had on her mind for a while now and it will be a huge relief to my family.

Thanks again!

Do you guys use a Sigma Tester? What are your thoughts on it? Is it worth the cost? They seem to be pretty pricey.

Any thoughts on a good place to shop for used ones?

Thanks in advance for any help.

My dad has been stacking for a while and I feel like fish the price. Not really doing too much other than preserving his worth. He's gotten bored of his hobby. With that said, he's still a huge silver advocate in the same way. I'm religious about Bitcoin. He is religious about metals. So I get it, it's a semi healthy hobby.

Now with that said, I was considering ordering some kind of stamping device where he could maybe melt some of his random pieces and stamp it with a family brand or something like that. We don't actually have a brand but like a fancy version of our last name.

For all you out there who are into silver or gold would you like this or no? And what would be some of your reasons on the no side? I have random things that my parents would probably buy me Bitcoin related that I would toss in the trash just cuz they had no idea and that's what I'm trying to avoid here.

I have a pre 1933 double eagle that I’m looking to possibly sell. Is there a subreddit for this?

Thanks!

I have a gold Maple Leaf where the edges feel sharper than another coin, same years. Otherwise they look the same and weigh the same. Is this normal?

I've been accumulating silver rounds/1 oz bars for some time, and now have something like 200oz. I'd like to aggregate these into larger 100oz or 10oz bars.

All the exchanges i've spoken to (JM Bullion etc) you have to effectively move to cash first, so you pay the spread on their buy and selling, which ends up meaning you have to pay ~20% to end up with the same amount of silver you started with! I get these places are businesses etc, just wondering if anyone knows of other ways to do this kind of like for like trading into larger size bars.

More than 270 tonnes of gold bars are claimed to be stored by the Netherlands, Switzerland, Sweden, and Belgium at the Bank of Canada in Ottawa.

But the Bank of Canada's headquarters was gutted and renovated a decade ago and everything in it was reportedly moved out, including the gold...

https://medium.com/@bullionbrief/gold-gone-awol-the-curious-case-of-foreign-central-banks-gold-stored-in-canada-db2efa0c6e5c

I've noticed that as gold prices fluctuate, so does the premium and loss when buying and selling. This is not to state the obvious, I mean that the actual profit margin changes arbitrarily. If gold goes up, I expect to pay more. What surprises me is that my 4% Premium might become 5%... that is NOT based on the fluctuating price of gold, but the whim of the seller who has decided he wants another 1% at this moment in time.

Does anyone know why this isn't regulated? I keep a spreadsheet and would LOVE to only update the spot price of gold. What I HAVE to do is to change that AND all Buying and Selling prices for all sovereigns and Britannia's... it's very frustrating.

Hi guys,

I’m getting this (156g) for £175.

Great price in my opinion while I am new to buying bullion. Please guide me in why this is or isn’t a great price and if it’s okay for me to pull the trigger?

Thanks a lot

Hi, i want to cut the 1 oz and maybe later even the 50g bar in 2 places when gold is worth a lot since they're already out of assay and it will still have same value per gram unless i find someone who is willing to pay more for whole bar.

https://reddit.com/link/1gbcixg/video/b9nwo1j9krwd1/player

https://preview.redd.it/w2zrlreakrwd1.jpg?width=1800&format=pjpg&auto=webp&s=21f0a51d520b1becca8f68cea94a5b1ad2d08c81

can i use these to cut the bar? People say it's very soft but not sure how soft exactly, i think this is for cutting wires but it should work i guess.

I've recently decided to buy some silver. I live in the UK and everything seems to be above the market price - most sites are selling 1 oz at £30. I have found one site that sells at around £28 an oz, but I'm not sure if it's legit:

https://silvergoldbull.co.uk/

Is there any way to tell if this is a scam or not? If it is then does anyone have any suggestions for getting bullion at a good price?

Any other advice would also be appreciated as I am new to buying silver and metals in general.

Hello. I started stacking silver last month. I dont have many pieces yet but I am going to continue buying every month. Should i just keep them in a tube or cover them individually? I dont own rare coins or collectibles, I just go for the standard buffalo ounces. But I've been looking at cases to keep them in and saw one a case online that I thought was cool. How do you store your coins? I'd appreciate any links and/or pics. Thanks!

I've always wanted a platinum poker chip (Ave, true to Caesar). I've seen them in silver, but never in platinum.

I've been seeing this on the Toktok. They're selling it for $25. That's $4.35 worth of copper. Who is this even marketed towards?

I’m buying physical silver for my first time, I’m bidding on this lot that I found on ebay, what the maximum bid should be please? I don’t want to overpay my first purchase… This is the lot:

https://www.ebay.co.uk/itm/146107424946?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=V4Ij_6ImTAu&sssrc=4429486&ssuid=V4Ij_6ImTAu&var=&widget_ver=artemis&media=COPY