advise needed

Discussion in 'General Precious Metals Discussion' started by mmurasoli, Feb 12, 2020.

  1. mmurasoli

    mmurasoli New Member

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    Hi all

    I am new here, was going to purchase 1kg and couple of 10oz of silver from Perth mint directly, but they are out of stock atm. So I thought Ill seek some advise from here. I did have a good read of the guide to buying silver on this site. I checked Perth mint website and ABC and their buy back price is 7% to 11% less for bars and like 20% less for coins etc. I would like to sell/trade if there is any emergency in the future. I guess purchasing coins is not an option for me since the buy back price is not great, also I looked at buying 1oz mint bars 20 in a tub.... slightly confused. What is my safest and smart option? Would gold could also be my option? Please advise.

    Thank you
     
  2. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    buy here.. dealers and refineries (such as PM/ABC) sell more premium than here.. as long as you go with reputable sellers and F2F option is always good to maintain low overheads on your purchases...remember
    buy low SELL HIGH!
     
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  3. mmurasoli

    mmurasoli New Member

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    I am sorry.
     
  4. AgStalker

    AgStalker Member

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    Welcome Mmurasoli. You might wish to post your question in the Questions & Comments section further down.

    In the meantime I have sent you this as Private Message so you may ask me personally also. Happy to share my thoughts and experience and offer (non-financial) advice.

    Just reply from your inbox.

    Good luck with your stacking. AgStalker
     
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  5. Michael Stevens

    Michael Stevens Active Member

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    Welcome!
    Don't worry about the initial cranky response to your thread.
    I'd echo what the folks above have said, buy & sell on this forum from individuals you feel comfortable dealing with.
     
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  6. GreatSouthernTime

    GreatSouthernTime Member

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    Welcome mate.

    I’m a relative newbie to the game also but if I had to make a guess on what would be the most liquid for resale it would be small gold coins. One because they are easily transportable and two because you can travel with their face value if needed.

    Being able to sell is always a concern but if you buy with the intention of holding it makes it a little less daunting. I always keep some cash away for emergency situations so if I needed to sell metal I could take more time to get the right price.

    More experienced stackers feel free to correct me if anything is fundamentally wrong here.

    good luck.
     
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  7. mmurasoli

    mmurasoli New Member

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    Hi all, today I bought my first 100oz silver bar from
    SS member gbickle. Thank you all
     
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