Gold at spot

[silveraddict]

Nationwide Coin & Bullion is selling 1 and 1 only gold coin at spot to new customers as an introductory offer.
I just bought a 1oz $50.00 gold eagle for $1945.00.
They are legit
(877)817-1220

 

[fistfulladirt]

Nationwide Coin & Bullion is selling 1 and 1 only gold coin at spot to new customers as an introductory offer.
I just bought a 1oz $50.00 gold eagle for $1945.00.
They are legit
(877)817-1220

Darn if they’d only offer buffalos at that price.

 

[Diver_Down]

I'm with FFD. That would be a true representation - offering 1oz .999 fine 24KT gold buffalo at spot. Getting a 1oz 22KT gold eagle isn't really "at spot" as it is 91% pure. Still a good deal with no premium over spot.

 

[Johnnybravo300]

I did that deal when it was $1150 an oz.
They try to upsell you on a double eagle but other than that I got my gold. It used to be for 10 1/10th gold eagles.

 

[jailbirdjackson]

Diver_Down, how is the 1 oz gold eagle not at spot?
A buffalo and an eagle have the same amount of gold.
Are you saying .999 fine is superior to .91?
This is subjective, the question of which is superior.

 

[Diver_Down]

Diver_Down, how is the 1 oz gold eagle not at spot?
A buffalo and an eagle have the same amount of gold.
Are you saying .999 fine is superior to .91?
This is subjective, the question of which is superior.

Give me .999 fine everyday. Same amount is equal. But purity (24K > 22K) is preferred. If you had the choice of holding the same amount silver, would you rather have a mountain of 40%'ers, a pile of 90%'ers, or a stack of ASE?

 

[jailbirdjackson]

Give me .999 fine everyday. Same amount is equal. But purity (24K > 22K) is preferred. If you had the choice of holding the same amount silver, would you rather have a mountain of 40%'ers, a pile of 90%'ers, or a stack of ASE?

Not everyone has the same preferences here. I like 22k for it's appearance and durability. Gold Eagle and Krugerrand are my favorites. I like 90% junk silver more than ASE's. You can touch them and look at them without worrying that one fingerprint will reduce the value.

 

[fistfulladirt]

Not everyone has the same preferences here. I like 22k for it's appearance and durability. Gold Eagle and Krugerrand are my favorites. I like 90% junk silver more than ASE's. You can touch them and look at them without worrying that one fingerprint will reduce the value.

Yeah I hear that. I hate it after a day on the hills bmx’ing and I forget I’ve got a half dozen gold buffs bouncing around in my pocket, doh! /s

 

[Omega]

I'm with FFD. That would be a true representation - offering 1oz .999 fine 24KT gold buffalo at spot. Getting a 1oz 22KT gold eagle isn't really "at spot" as it is 91% pure. Still a good deal with no premium over spot.

This is not true. It is important to remember that each coin contains one troy ounce of gold. Each coin contains the EXACT same amount of gold. A buffalo weighs 31.1 grams and is 99.99% pure. The gold eagle is composed of 1 ounce of pure gold, mixed with a combination of copper and silver. The actual weight of an AGE is 33.93 grams, and it is 91.67% pure. The place that is having this promotion IS in fact offering the gold at spot.

Historically, eagles have carried the highest premium out of any gold coin. With prices so high, everything is trading at the same outrageous premium. Luckily I was able to pick up my nationwide ounce for $1700 a few months ago when gold hit $1850

Sorry to correct you, but I think it is important to have the correct information here for people who are new to stacking/ the hobby who may be reading this post. I want to make sure they understand and have all the correct information.

 

[Diver_Down]

Omega, thanks for the response. But you really should read all the responses before commenting as on August 27th my comment acknowledged the equal quantity.

 

[jeff of pa]

of course only My opinion. & we all know about Opinions

because of the quick rise, and potential for a quick correction after November If the Republicans win,
My guess They purchased them for 1500 0r less & are Profit Taking anyway.

And if Things Go as expected, it will be at least 4 More years before gold could rise high enough for Gold Buyers to hand you a profit.

Of course if there is a change of the Guard, in November there Is a Potential to make a killing;
As the Stock Market Crashes out of fear By Late November, & we go into Full Blown Depression.
You may be able to Buy a House , 3 car Garage, & 3 Cars for in it for that Ounce
Or maybe even Buy the stock Exchange
or a Tank of Gas & a Loaf of Bread.

tuff Bet though.