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bblhd672 wrote:

Soccerdad1995 wrote:

bblhd672 wrote:I'm an uneducated buyer as well, was just looking into this yesterday. The site below may answer some of your questions.

https://www.jmbullion.com/investing-guide/james/intro/

I'd say it depends upon the purpose you are buying him gold.

Personally, I"m looking to investing for economic collapse scenarios and purchasing silver instead of gold. Several prominent "prepper" and "survivalists" sites recommend silver over gold due to the extremely high prices of gold; as well as silver being easier to trade in small amounts when paper money is no longer good.

If you are buying for an economic collapse scenario, then the "fancy markings" might be important. It would be very important to have something that a buyer knew to be genuine when they had no equipment to do an analysis of the metal content, etc.

Personally, I think that bullets will be a more readily tradable commodity than either gold or silver if we have a true economic collapse.

You're correct, but it doesn't hurt to have another commodity to trade if someone who already has plenty of the 3 B's (beans, brass and bandages) has something you need. "If only" I had been wiser when I was a kid and hung onto all those pre-1965 silver coins that were still in circulation! (Yes, some of them were new then!)

bblhd672 wrote:I'm an uneducated buyer as well, was just looking into this yesterday. The site below may answer some of your questions.

https://www.jmbullion.com/investing-guide/james/intro/

I'd say it depends upon the purpose you are buying him gold.

Personally, I"m looking to investing for economic collapse scenarios and purchasing silver instead of gold. Several prominent "prepper" and "survivalists" sites recommend silver over gold due to the extremely high prices of gold; as well as silver being easier to trade in small amounts when paper money is no longer good.