Which weights are most popular to perchase and resell?

J

jacob588

New Member
I'm starting to investigate the options of buying some PMs to diversify my investments, my main question is which sizes are best to buy that are commonly bought which are easy to resell.
Am i better to buy combinations of different sizes or go for a solid piece.
Is it the norm to physically own the gold in your home, or does it sit in an institution on my behalf?
And Does the Perth Mind hold the gold on your behalf once purchased?
 
i'm only very new at this myself but i reckon items in a few different sizes will give you more liquidation options down the track. for now buy stuff with low premiums so you get most metal for your money. i'm a cynical kinda guy so get the metal into your possesion and look after it yourself. look at cyprus!
 
1oz gold is the most popular retail size in Australia. Don't recommend storing in a safe at home - or all in the one location for that matter - there's been a few high profile robberies lately of metal stored at home. Better off using a mix of storage (eggs/basket etc) - some discretely stored at home, some unallocated if it floats your boat, some in a safe deposit box etc.
 
jacob588 said:
True. The Perth mind will only holds a minimum account opening of $10,000 worth any how
Click to expand...


Try Goldstackers unallocated.

You can buy grams of gold for just $2 over spot and they store it for you. It's having a bank account with metal, if you want to take delivery of the physical metal you just trade in the grams that you have in your account for any of the physical coins or bars on the site and pay the difference in Premium. And the best part is there is no minimum buy :D

http://www.goldstackers.com.au/store/unallocated.html
 
SilverSurfer77 said:
jacob588 said:
True. The Perth mind will only holds a minimum account opening of $10,000 worth any how
Click to expand...


Try Goldstackers unallocated.

You can buy grams of gold for just $2 over spot and they store it for you. It's having a bank account with metal, if you want to take delivery of the physical metal you just trade in the grams that you have in your account for any of the physical coins or bars on the site and pay the difference in Premium. And the best part is there is no minimum buy :D

http://www.goldstackers.com.au/store/unallocated.html
Click to expand...

Thanks for the info, but i feel uncomfortable dealing with a website that is based overseas.
 
jacob588 said:
SilverSurfer77 said:
jacob588 said:
True. The Perth mind will only holds a minimum account opening of $10,000 worth any how
Click to expand...


Try Goldstackers unallocated.

You can buy grams of gold for just $2 over spot and they store it for you. It's having a bank account with metal, if you want to take delivery of the physical metal you just trade in the grams that you have in your account for any of the physical coins or bars on the site and pay the difference in Premium. And the best part is there is no minimum buy :D

http://www.goldstackers.com.au/store/unallocated.html
Click to expand...

Thanks for the info, but i feel uncomfortable dealing with a website that is based overseas.
Click to expand...

Why
 
spannermonkey said:
jacob588 said:
SilverSurfer77 said:
Try Goldstackers unallocated.

You can buy grams of gold for just $2 over spot and they store it for you. It's having a bank account with metal, if you want to take delivery of the physical metal you just trade in the grams that you have in your account for any of the physical coins or bars on the site and pay the difference in Premium. And the best part is there is no minimum buy :D

http://www.goldstackers.com.au/store/unallocated.html
Click to expand...

Thanks for the info, but i feel uncomfortable dealing with a website that is based overseas.
Click to expand...

Why
Click to expand...

No idea why
 
Ag bullet said:
i'm only very new at this myself but i reckon items in a few different sizes will give you more liquidation options down the track. for now buy stuff with low premiums so you get most metal for your money. i'm a cynical kinda guy so get the metal into your possesion and look after it yourself. look at cyprus!
Click to expand...

what about cast vs minted? which ones are more popular
 
Prolly you shouldn't trust most institutions for "holding the cheese for you". They were so many cases... you know, like the Fed "holding it" for Germany.
Small firms, banks often tricked their depositors similarly... they lent it out or stole it or otherwise...

"Gimme your gold, I'll hold it for you, I swear I won't steal it, trust me! Yo ucan even pay me for it" :D

With the fees you spend on paying them, you could get more gold.

The most popular sizes I'd recommend are: 10 g, 20 g, 1 oz (31.1 g), 50 g. Larger pieces are harder to sell.
Smaller ones usually cost too much per gram and therefore, most people avoid the <10 g bars.

The coins aren't that bad of an idea either. But I'd recommend you stack sealed bars with certificates. This makes them easier to sell.

Cast or minted, whatever... just make sure they are sealed and never opened. Certificates are generally the packaging materials themselves.

Perth Mint, Heraeus, UBS are some of the best out there. These are just a few names, there are lots more...
 
TreasureHunter said:
Prolly you shouldn't trust most institutions for "holding the cheese for you". They were so many cases... you know, like the Fed "holding it" for Germany.
Small firms, banks often tricked their depositors similarly... they lent it out or stole it or otherwise...

"Gimme your gold, I'll hold it for you, I swear I won't steal it, trust me! Yo ucan even pay me for it" :D

With the fees you spend on paying them, you could get more gold.

The most popular sizes I'd recommend are: 10 g, 20 g, 1 oz (31.1 g), 50 g. Larger pieces are harder to sell.
Smaller ones usually cost too much per gram and therefore, most people avoid the <10 g bars.

The coins aren't that bad of an idea either. But I'd recommend you stack sealed bars with certificates. This makes them easier to sell.

Cast or minted, whatever... just make sure they are sealed and never opened. Certificates are generally the packaging materials themselves.

Perth Mint, Heraeus, UBS are some of the best out there. These are just a few names, there are lots more...
Click to expand...

Nice! that's really good information. I guess all i need is a fireproof safe that is bolted to the floor
 
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