/biz/ - Business & Finance

>>50124956
You're welcome

>>49512628
Thanks - took a few years to gather them.
Here's their flip sides.

>>49466693
My usual pasta, assuming you have money to spare (having at least a month's wages saved in cash for emergencies):
You've decided you want to 'stack' PM. What should you buy?
- For generic bars with no design, watch the markups over spot: you often pay high premiums for smaller pieces. You're buying because you have faith in PM prices going up. You want to pay the lowest premium.
- When a new series of artful or themed bullion (especially coins) comes out, buy a few of the first of the series - they are usually missed by later collectors who will pay high premiums to fill in the series. Consider the potential for overall series popularity - generic series have a higher failure rate.
- Buy interesting coins while they're still being minted. Once the mintage stops and dealers run out of stock, the prices jump then rise more slowly but still faster than plain silver. Maples, Eagles, Wieners, Britannias, etc. are all nice but boring. They may add a privy to make them more collectible and gin up the price. Buy stuff that changes designs from year to year: Somali elephants, Canadian Wildlife, Australian kookaburras or koalas, island nations' series, etc. These become series.
- Buy pieces that appeal to your sense of art, taste, and interests! These will still feel good even if the price or value of the PM goes nowhere. Caveat: if you go to sell, it's harder to part with them.
- Some beautiful generics are priced comically high (Germanias, e.g.) - they don't follow the market trends as readily, and usually garner highest resale price only for a few years after the mintage. The drawback: dealers may treat and price these as "generic" and offer only their standard buyback price as generic.
- If free shipping is offered, buy enough to take advantage of that. Although it's shipping (not directly PM), it's an added premium.
- Keep a spreadsheet of your purchases!!! You should track profit/loss over time. It's quite revealing.