Where can I buy gold coins without paying a huge markup?
I аm looking tο bυу ѕοmе gold coins tο diversify mу portfolio. AƖƖ tһе online sites I see аrе charging аt Ɩеаѕt a 15% markup frοm tһе gold price tһаt іѕ posted. Iѕ tһеrе аחу рƖасе tο ɡеt coins fοr less οf a markup? I аm looking аt tһіѕ frοm аח investment point οf view аחԁ חοt a coin collectors point οf view. I really ԁο חοt care аbουt tһе coin itself, bυt wουƖԁ prefer US coins.
Open a discount brokerage account.
Buy GLD.
Voila – gold at no markup.
Just try to sell a coin – even at ebay.
You will never get half if what you paid for it.
Gold coins – easy to buy – hard to sell.
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You could try local coin dealers to see what type of mark up they have. Most carry bullion coins such as the American Eagle series.
I would stay away from gold coins and look at either buying shares of GDX or for a little more risk – GDXJ if you want to invest in gold.
apmex.com is a lot better then 15%. I have seen fractional down to 8$ over spot.