Gold Buying Basics & Secrets From A Local Coin Shop Dealer
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- Опубликовано: 1 июн 2024
- commercialrarecoins.com
Gold Buying Basics & Secrets From A Local Coin Shop Dealer
#gold #gold #lcs #lauderdalebythesea #fortlauderdale #goldpricetoday #coins #golden #silver #silverstacking #goldstacking
Commercial Rare Coins
Local Coin Shop located in Lauderdale By The Sea, FL
commercialrarecoins.com
954-776-COIN
Bullion Concierge
For special orders of gold and/or silver.
Please feel free to contact us with any questions on how to get started.
www.conciergebullion.com/
(954) 302-2046
Antiques & Jewelry By The Sea
Antique Shop located in Lauderdale By The Sea
www.antiquesandjewelrybythese...
(954) 835-5015
Commercial Rare Coins & Precious Metals
In the business since 1977 and at the same location since 1995!
2nd Generation coin dealer with great reputation & trust throughout the metals community.
Commercial Rare Coins
219 Commercial Blvd,
Lauderdale By The Sea, FL 33308
954-776-COIN
We are open 10am-4pm Mon-Fri.
Stop by and visit us at the store!
All About Commercial Rare Coins & Precious Metals Coin Shop...
We’ve been buying, selling and appraising gold, silver, rare coins, currency, and Antiques for over thirty years. We carry an extensive inventory of gold, silver, and platinum coins/ bars/ rounds. We also carry flatware, hollowware, jewelry, and many types of collectibles. We have served South Florida since 1977, let our 30 years of experience help you get the most for your items.
$20 was approximately one month's wage for a man in 1928. Gold is generational wealth. Great video!
I like the Brittania because of the security anti-counterfeiting features. Micro engraving and micro printing.
I own some Britts, but the premiums above spot on fractional are ridiculous. My preferred bullion and coin dealer charges 15% on 1/4 Oz. Britts. 2.75% on the 1 Oz. Only 3.75% on a sovereign (same weight but 22K)
Regularly purchasing in ounces is a little to rich for my wallet.
Brits are literally the best product in the market. they can keep the well counterfeited AGE’s and the Valcambi bars
Great video...Paul Kruger is depicted on the coin. Rand is the monetary unit of the country. 1967 first release. New Sub here.
My favorite gold coin is the AGE. It has a full ounce of gold plus it has silver and copper. As far as the lowest premium, the Philharmonics are definitely my
favorite. The only thing I have against bars is they are prone to being counterfeit
buy britanias the AGE’s are 🗑️
I love this new formattttt!!!
"Oom Paul" Kruger, Brian . I believe he was the first President of South Africa .
The GOLD and Fractional EAGLES are not .999 gold. But the BUFFALO is. 😊
In Canada gold must be four nine’s fine to be eligible for use in a retirement account. This way canadiens have to buy Canadian gold.
...and he showed us the money. 🎉 I hope my Thanksgiving table looks like this.
Every year some mysterious person deposits one Kruegerrand coin in the donations bucket at a random store where I live. It took a few of them to realize this was intentional, they thought maybe some little old lady didn’t realize what she donated, but every year around the same time the same secret Santa deposits another coin. I’m pretty sure they are the one ounce. I smile each time I hear about it. God has a special place for people like them. I hope to be able to do something like that later on
As a dealer I found your video incredibly honest and forthcoming. I preach this same idea to my customers as well. I wish you much success with your LCS. GREAT VIDEO.
As a dealer I agree 97%. Great comment....!!!
So what I’ve learned recently is, that I think I should focus more on “what I’ll get for my gold” rather than “what’s the cheapest premium at time of purchase”.
I think I like focusing on US Silver & Gold just bc I know I’ll get a better price when I go to sell. Silver Liberties & Gold eagles & buffalos ONLY for me!
I’m not a collector, I treat my stack as a savings account.
That hasn’t been true in my experience
@@InappropriateShorts and that’s why you got more $ tied up in premiums that you’ll never get back.
@@golfncrypto1542 you don’t know what I have. US gold and silver has the highest premiums
Actually when the price goes up they pay the same no matter what you have. That’s what happened whenever it went to 50$ an ounce.
Happy Sunday morning stackers
Good info.
I have stacked more 10oz bars this year than any other year. I also bought more 1/4 oz gold (Britannia, Phil’s, and a few maples. I couldn’t spend the extra 40.00 on each 1/4oz AGE coin.
Wow!! I really loved your show today. Thanks for touching on that slabbed gold. I have never bought that for any reason. Again, this was a great show today. Thank you.
Not a fan of bars, I prefer buffalos, eagles, libertads and Perth mint gold
I did like the change in the video compared to your regular video, or maybe it was just the Gold color on my screen.
Love the new format with you showing product. Keep it up!
I like the livecam view, but I need my fix of bird kickers too.
POWERFUL VIDEO
What a wonderful treat thanks!
Excellent!
Hey 👋 im a new subscriber 🎉 names Braden but even calls me Bee 😊🐝 so far you're teaching me some new strategies so thank you 🙏 and God bless y'all ❤️
Bee 🐝 well all
I like your red hair.
New subscriber here with perhaps a naive comment about gold bars versus gold coins. The Buffaloes fetch a higher price because they are worth more. Yes, an ounce is an ounce is an ounce... yet, the Buffaloes fetch a higher price on the market. But you put it an interesting way: I would definitely prefer to own an additional ounce of gold. Or would I? (since Buffaloes command a premium when if I have to sell them.) Fascinating video!
Thanks great advice. I am new on your channel. Like it . Thanks for your honest and helpful for new people interested in Gold have a knowledge to save $. 😊
what would be your buy back eagle's and buffalo compared to bars
Form my research germans did use gold durin hyperinflation but not coins just s few links from a chain + forgien currency+ barter+ but yes no big gold coins as it would be a rip off.futhermore durning hard times having a social network is very important.
excellent points and easy to follow and understand the worth & value of gold you have presented a wonderful video thank you
i’m in miami i will visit your store soon
We have to pay g.s.t (tax) on Krugerrands and gold eagles in NZ because they aren't 24k gold. So they aren't very popular unless you buy them in the secondary market
Great info ...well presented as usual
If the U.S. wanted to increase its gold holdings, they would print more federal reserve confetti and buy it.
But ALL politicians are too busy lining their own pockets to worry about the general health of our nation. #EndTheUniparty
Thank you
Liked and subscribed
Excellent tutorial BK!
💎
There are just too many fake bars out there. I wouldn't touch a bar online or one second hand. It's just easier to verify a coin.
Help here are those bars?
Venezuela is still using gold and silver.
As far as confiscation goes, the might get the vaulted supplies, but going door to door isn’t going to happen; too many ar15’s.
I always find it odd that dealers will sell you ASE all day at 30%-100% premium but as soon as you ask for fractional gold they’re all “dont buy that 😳the premium is too high”
🤡🌎
Do you think it’s better t buy 1/4 oz v 1/10 Oz gold eagles I try t buy two a month but it really adds up over the years?
Going to come by the shop in a couple weeks while in town!
Nothing like a rough gold bar, they just command respect
And counterfeiting
Nice watch!
The question I have is during Germany hyperinflation did the price of there gold go up per ounce just like you said the German marks took more to buy with did the value of ounce gold go up also if so then I thought that is what you were trying say
how do you feel about Mexican 50 pesos 1.2oz gold Centenario? fairly recognizable in the US and super low premiums usually
i feel that they are fairly recognizable in the US and super low premiums usually
I'm on a Mexican kick lately. Beautiful coins, can't beat the low mintage if the premium is right.
You can beat online price ? Is that with free shipping like SD.?
Is it true that you will receive more on the back end by investing in the higher premium products? Can that difference in premiums ever balance?
no
so what company produces the gold buffalo 1oz. rounds???
I want the ‘82 that’s my birth year.
Where are you how come you're not putting videos up anymore
☕️
Would it make sense to turn over my fractional coins to ounces? If so, how much would I loose?
Absolutely not! Fractional coins are the most liquid and useful. That's why they cost more than the big coins...hold on to them!
if you already know you will lose, how can it possibly make sense?
You paid the premium already .. So NO
How pure are those gold bars and are you saying that they sell between 80 and $100 for an ounce?
80-100 over melt. lol
I Just subscribed I really like your channel it’s very informative. I don’t live in Florida unfortunately, I would definitely come and see you if I did though. But I do have family that lives in Florida so maybe when I go and visit them I can come and visit your shop. I unfortunately do not have any LCS near where I live so I have to use an online coin dealer and I’m at the mercy of their prices lol. I do have a question, do you think buying foreign gold is good compared to pre-33 gold coins? Which coins would do better on the resell?
No matter if it is three 9s or four 9s it still has one toz of gold in it…..
They may not take your gold but they can easily impose a sales tax at any level. So they just take a share of the value every time it's traded. You still lose.
But if you put $20 in your mattress in 1928, today you would have $20.
Dont forget about liquidity and not just most off the gold for your dollar...
Think about exit strategy and how popular your stack is, so u can liquidated if needed fast...
CBDCs coming soon
You don't hoard currency in your mattress. The choice is between investing in assets thst pay compound interest- money market, bonds, stocks with dividends, even real estate- or gold which is a speculative commodity that you hope will increase in value even tho you lose 5 per cent when you buy it, and another 5 per cent when you sell it.
I own gold, it's fun and I make a little money. But for my future?
The stock market goes up about 7-10 per cent year after year.
What about Watches. Talk about watches next time... thanks
when shops talk of German hyper inflation it's time to leave .
if you put 20 in the sp500 in 1928 you would have $448,000. way more.
I buy collection forms of gold
I have paid 6 thousand for 1 once
You say I will never get my money back
you will
He never said that.
What are you talking about?
Take it to a few different coin shops and see what they will pay you for it. They will probably pay you spot. You can't just sell collectible coins fast like you can maple leafs.
Like how. Much for a 20 dollar silver certificate very good grade
How much would you have to pay for a 1928 paper 20 dollar bill. Not a good example.I guess it would how clean your paper bill was.
How much for a old gold coin in MS 67, I think your scewing your numbers
He's stacking weight
🫡
Give me 1 old Roman coin which there only 3 known to man.what 3mill or 4mill,apples to apples
But 1000 in China just waiting for you..