expiredchemman14 posted Mar 29, 2024 12:02 AM
Item 1 of 2
Item 1 of 2
expiredchemman14 posted Mar 29, 2024 12:02 AM
Costco Members: 1 Troy Oz. 2024 American Buffalo Gold Coin (New In Assay)
+ Free Shipping$2,300
$2,300
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If a major crisis never occurs, gold will very slowly climb in value, more or less matching inflation. It's a very safe investment, but with extremely low yield compared to traditional investment opportunities, so gold should only make up a small percentage of your investment portfolio (it's a financial final line of defense).
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Gold:
November 1, 2023 - $1987
March 28, 2024 - $2231
That's a 12% increase in 5 months.
I am new to buying Gold. I have a dumb question, after I buy a Gold piece from Costco, If I need money where can i sell it to get the most of it? ( I heard that I could bring around the pawn shops, but will they low ball me? ) Is there any reputation shop where I can sell Costco Gold for the most?
I am new to buying Gold. I have a dumb question, after I buy a Gold piece from Costco, If I need money where can i sell it to get the most of it? ( I heard that I could bring around the pawn shops, but will they low ball me? ) Is there any reputation shop where I can sell Costco Gold for the most?
I know from people selling wedding rings and stuff they buy it for $3000 and then can't sell it for more than $300.
Their garentee is:
Alloy guarantees a minimum payout of 75% of the spot melt value for precious metals such as gold, silver, platinum and palladium. We also offer a 90.5% minimum guarantee for 24K gold or bullion.
90% of spot floor for a current year US coin seems very expensive to send it... If I was going that route I may call to see if they'd be over spot for these, and save everyone the time and effort.
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Fiat currency is remarkably fragile, and it's nice to have something to fall back on if people lose faith in "pretend" money through runaway inflation [investopedia.com].
I know from people selling wedding rings and stuff they buy it for $3000 and then can't sell it for more than $300.
There is always a market for coins, but there is significantly less of a market for jewelry from a failed marriage. Plus people buying wedding jewelry are often in the mood to overpay, and people selling used wedding jewelry are often desperate to get rid of jewelry.
Most real coin stores will offer you spot out a bit more.
Jewelry stores and pawn shops will rip you off and offer you below spot .
eBay/fb marketplace will get you more but more dangerous
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