Looking for advice / comments re some questions I have.....

Discussion in 'General Precious Metals Discussion' started by Oddjob, Aug 25, 2018.

  1. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    As noted in my intro post the other day, I started buying Ag and Au earlier this year.


    My initial buys have been through one of the larger bullion dealers (& producer) in my capital city (ABC) and the transactions have been easy etc and price v other local dealers appears is good. Thus for a newbie I’m happy.


    Now my question/s to the vastly more experienced forum members and stackers here as I grow my knowledge base is…..and putting aside price & sellers margin as a determinant on what and whom to buy from, is what are members views on :


    1) The various large bullion dealers. I read a lot of comments about Perth Mint and not so much about ABC as dealers.


    2) Perth Mint v ABC product (domestic) v int’ls product such as Baird, Pamp Suisse, Scottsdale to name a few.


    3) What’s better and why re “cast v minted” bars. Noting price diff for higher quality finish.


    4) Assay certificates - a nice to have but if you buy from a reputable dealer a reputable product…but not a must have?



    I buy not for collect-ability or rarity but for portfolio investment and a hedge against the “SHTF” moment.


    Sorry for the newbie questions but keen to understand more as a dive further into this investment strategy.

    Thanks for your consideration and comments.
     
  2. ozcopper

    ozcopper Administrator Staff Member

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    1) The various large bullion dealers. I read a lot of comments about Perth Mint and not so much about ABC as dealers.
    ABC is good, so are many other dealers like goldstackers etc.


    2) Perth Mint v ABC product (domestic) v int’ls product such as Baird, Pamp Suisse, Scottsdale to name a few.
    I personally like ABC, Perth Mint, PAMP and Baird and Co, nothing wrong with the others but all the ones I listed are LBMA certified.


    3) What’s better and why re “cast v minted” bars. Noting price diff for higher quality finish.
    I like cast better as there are more fake minted products out there.


    4) Assay certificates - a nice to have but if you buy from a reputable dealer a reputable product…but not a must have?
    I don't care about certificates at all.
     
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  3. ozcopper

    ozcopper Administrator Staff Member

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  4. tongkat

    tongkat Active Member Silver Stacker

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    The bullion course is well worth your time
     
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  5. SilverDJ

    SilverDJ Well-Known Member

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    I've found that Perth Bullion (not to be confused with Perth Mint) often have the best bullion prices.
    e.g. Perth Mint 10oz bars at $226 vs $234 for an ABC 10oz bar from ABC.
    Even the nice 10oz RCM serial numbered bars are $229, cheap than ABC. No contest.
     
  6. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Cheers for the feedback all. Much appreciated.

    I'm enjoying reading some of the older threads. Some interesting topics and discussions (some more robust than others). Good stuff. Glad to see no PC culture in this forum. I like that.

    Thanks for the heads up re the course ozcooper. Done and dusted...some great info for newbies in there.

     
  7. Currawong

    Currawong Member Silver Stacker

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    Perth Bullion is really good, shipping costs anywhere in Aus are really good. Goldstackers are also good.
    If you’re only interest is as a store of wealth/investment (instead of say collecting old bars from interesting bygone producers) your best bet is to stick with the aforementioned LBMA listed refiners.
     
  8. tongkat

    tongkat Active Member Silver Stacker

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    Bullion money could be worth a look too when comparing prices
     
  9. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Local is best if you are buying small quantities at time.

    Even if buying larger lots and your sole objective is quantity of metal, talk with your local dealer. Im sure many dealers will match generic metal prices advertised at a competitor, if they have stock.

    Also depending where you live, getting to know some of the members would get you even a better deal.
     
  10. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Thanks for feedback. That's pretty much my strategy at present, but who knows. One might start getting bit by the collector bug one day.


    Ta. Just checked them out. My part of Sydney too. Thanks for the direction on them.


    Good point....thanks. I noted some of the Sydney members get together in town or out Ryde way. Might have to intro myself in person in the not too distant future.
     
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