/r/Bullion

Photograph via snooOG

r/Bullion is a community for discussing physical metals such as gold, silver, platinum, palladium, copper, rhodium. Precious and semi-precious, monetary or coinage metals, rounds, bars, ingots, etc.

We are a friendly community, so please keep conversations positive, helpful, and no personal attacks or insults. We're all about sharing, encouraging, and learning together. Spammers, conspiracy theories, and political diatribe are not welcome.

About this subreddit

r/Bullion is a community for discussing physical metals such as gold, silver, platinum, palladium, copper, rhodium. Precious and semi-precious, monetary or coinage metals, rounds, bars, ingots, etc.

We are a friendly community, so please keep the conversations positive, helpful, and no personal attacks or insults. We're all about sharing, encouraging, and learning together. Spammers, conspiracy theories, and political diatribe are not welcome.

Handy links about this subreddit

The history of r/Bullion

  • 2011 Sep 17: 1 subscriber.
  • 2013 May 23: 500 subscribers.
  • 2015 Mar 07: 1000 subscribers.
  • 2017 May 03: 1500 subscribers.
  • 2019 Feb 21: Under new management.
  • 2021 Mar 03: 5000 subscribers.
  • 2024 April 8: 9,000 subscribers.

See also

Charts:

Historical charts

goldprice.org

Related subreddits:

investments

gold

silverbugs

MexicanMoney (new)

copper

platinum

personalfinance

investing

CoinInvesting

austrian_economics

PreciousMetalRefining

jewelry

realestate

rockhounds

CryptoCurrency

/r/digix

Related Links:

Coinflation

WhatMetal: Quickly compare bullion prices from different sellers

silverinstitute.org

Uses of gold

The periodic table of the elements

Periodic Table Videos

khanacademy: money banking and central banks

Kitco

BullionDesk

KWN King World News

List of cognitive biases

Precious metals forums:

silverstackers.com

gold-silver.us

You can also chat about bullion in Freenode #coins on the Freenode IRC network. Be sure to mention you joined from Reddit.

Ebooks:

The richest man in babylon

Silver money, by Dickson H. Leavens

The Machinery of Freedom

Henry Hazlitt: Economics in One Lesson

/r/Bullion

9,713 Subscribers

6

Silver condition

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

4 Comments
2024/10/28
13:17 UTC

4

What was the last price you guys bought silver at, and what's your next move?

3 Comments
2024/10/25
02:25 UTC

0

Cutting gold bar in half to maximize profits

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.

9 Comments
2024/10/24
20:28 UTC

3

Looking for legit sites to buy silver

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.

5 Comments
2024/10/24
16:11 UTC

6

How do you store coins?

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!

7 Comments
2024/10/23
21:30 UTC

5

Anyone make platinum poker chips?

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

0 Comments
2024/10/23
13:54 UTC

29

1 lb. Copper

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?

13 Comments
2024/10/22
01:54 UTC

4

First time buying silver, any help pls?

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

4 Comments
2024/10/17
19:08 UTC

2

Please Help me understand why people say 'buying fractional gold ends up paying more premiums vs saving for an ounce'? (help fix my math)

2 Comments
2024/10/16
18:01 UTC

11

Copper, Platinum, and other metals

What's your take (and why) on stacking other metals.

I'm mostly looking at copper and platinum but im curious your take on other metals or is gold and silver the way to go?

8 Comments
2024/09/28
21:08 UTC

7

Gold's incredible run since last year. We are literally making history right at this moment.

Broke $2,700 today (2,708.60). Will ne interesting to see where we go from here.

3 Comments
2024/09/26
21:08 UTC

18

Best place to buy gold bullion and coins?

I’m looking to add to my physical gold portfolio with a budget of around $2,000 and would prefer to buy online. I typically lean toward bars due to the lower premiums, but I’m open to coins depending on the deal. While I’m well-versed in the silver market and know that bars generally offer better value, does the same principle apply when purchasing gold?

I came across Nationwide’s offer for up to 20 American Gold Eagle coins at cost, limited to once per household. Has anyone taken advantage of this offer, and how does it stack up against other options, particularly in terms of premium and flexibility compared to buying gold bars? I’ve purchased silver from them before at spot price, but I’m curious if their gold deals are as competitive.

P.S. I’d prefer to avoid Pmsforsale, as I’ve heard that it’s risky due to the insurance only being available through USPS "Registered Mail." The insurance starts at $15 and can take 2-3 weeks for delivery on average.

8 Comments
2024/09/24
08:47 UTC

12

What do I do with my coins as I retire?

We have 15-ish oz in coins of various denominations, purchased about 10 years ago. I understand that there are capital gains and other taxes involved with liquidating these. What are the most common ways to turn these into a more liquid asset as we start to shift our focus to retirement and maximizing our cash flow and tax savings? Or is the play to just keep holding? If the economy improves, the appreciation of gold will likely slow down, right?

20 Comments
2024/09/20
18:23 UTC

3

Found this in a booklet from a 1994 American 1/4 Gold Eagle OGP. Where were you 30 years ago?

6 Comments
2024/09/20
17:39 UTC

10

What are the pros/cons between gold and silver?

It seems like stacking silver coins and bars is more popular but wouldn't gold be easier to store not to mention have better spot percentages? Not sure about liquidity since it'd probably be easier to sell a 1oz silver coin than a gold equivalent that costs buyers significantly more but curious what your thoughts would be!

14 Comments
2024/09/17
18:58 UTC

7

Best Mint (If there is one)

For considerations such as purity, weight accuracy, security, and reputation, is there a “best source” for bullion purchases online?

7 Comments
2024/09/16
22:57 UTC

6

1oz American Golden Eagle or the Canadian Maple Leaf?

What is better to buy 2021 (#2) 1oz American Eagle or 1 oz Canadian Maple leaf. I read that maple leaf is 24k .9999 pure gold and American eagle is 91.7 22k gold. Yet the maple leaf cost less. I don't understand why. Should I stop buying eagles and start investing in Maple leaf coins? Advice please

12 Comments
2024/09/12
14:36 UTC

5

The Role of precious metals in diversifying your portfolio

Is it worth it to make the investment in precious metals, namely buying bricks and coins of gold and silver?

My guess is that it is not. Sure they appreciate and grow in value over time but I’m not sure what good it does getting your money’s worth in gold.

It is nice if the stock market and value of the dollar plummets as it did in the Great Depression, but that seems exceedingly unlikely.

I understand the holding of gold as a collector but as a store of value not so much. Please make me understand.

11 Comments
2024/09/05
09:21 UTC

16

Gold spot price

The current spot price for gold is quite high. Despite the unfavorable market conditions, I've been considering investing in gold for the past few weeks. However, due to the high spot price, my investment plans have been delayed. I've noticed discrepancies in spot prices while browsing various dealer websites. JM Bullion, Apmex, SD and Summit Metals all have different spot prices. What does it mean?

3 Comments
2024/09/03
10:14 UTC

19

Gold at Costco

I’ve been doing some research on gold prices(newbie) and I have compared premiums across different platforms from SDBullion, to Summit Metals, to Ebay, to some sketchy guys on TG and also read a couple of threads here and other subs. The general consensus is that Costco’s deal is one of the best.
What bullions are at costco and what quantities? 

5 Comments
2024/08/29
02:16 UTC

1

Short term investment: 5 month 5.02% CD or Silver?

What would you do with $5,000 at this time?

7 Comments
2024/08/29
02:14 UTC

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