Numismatic Collectible Coins vs Bullion Coins | The Exchange Podcast

Numismatic Collectible Coins vs Bullion Coins | The Exchange Podcast | EP. 29

Рет қаралды 1,999

24 күн бұрын

Numismatic Collectible Coins vs Bullion Coins | The Exchange Podcast | EP. 29 discusses whether people should be buying bullion coins or numismatic coins when investing in precious metals. Not every stacking strategy will apply to each person, so it obviously depends on your personal situation. However, in this video, Andrew and Matt discuss this question overall and if people should generally stick with one type of precious metal over another. Are collectible/numismatic coins better in the long-term? Are bullion coins easier to offload? Which will get you a better rate of return? All this and more is answered in this episode of The Exchange Podcast!
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#silver #preciousmetals #gold

Пікірлер: 87

@jadenephrite 22 күн бұрын

Regarding 8:43, for those who are unaware, in Chinese culture, the number 8 is considered to be good luck and is auspicious and desirable. That is why the 2008 Summer Olympics in Beijing, China commenced on August 8, 2008 at 8 pm. On the other hand, the number 4 is considered to be bad luck and should be avoided. That is why in buildings in China, there are no 4th floor, 14th floor or floors with the number four in their names.

@2manyhobbies971 23 күн бұрын

I’d take pre-33 gold every time at same price per ounce. 😊

@Ink30 15 күн бұрын

ain't happening though it always cost more

@andyb8838 23 күн бұрын

Numismatics is what got me into stacking, so I still like to play in that space. Keeps up the passion. But I agree that the majority of the stack needs to be primarily focused on weight i.e., bullion.

@sailfly2869 22 күн бұрын

So true, but some like me get carried away with there purchases and soon have a lot invested. Maybe if so you should seriously look at both sides of the street as in collecting and stacking by weight

@user-ji3zb9vl9l 22 күн бұрын

My first Gold was a 1 oz bar and that’s what I would keep buying! Good Job!

@Teh-Jones 17 күн бұрын

And yeah, bullion over premium and slabbed stuff when it comes to buying for me for a while now, have been dumping slabbed and premium stuff this year...

@Teh-Jones 17 күн бұрын

Love these, gonna listen to a few while I work. I was waiting for the "do you like it in the assay" and you didn't disappoint. Keep slayin' it you two! 👍 🐸 👍

@EmpirePreciousMetals 17 күн бұрын

Lol! When you coming back, Teh?!

@TLstack600 22 күн бұрын

Andrew's got me thinking about bars now. Great podcast guys!!

@andrewwrecknruane5210 23 күн бұрын

I buy both, but like Andrew said you have to shop around to sell the coin but you still have to shop around to sell bars too cause not all LCS will pay spot, will be under spot from most. Might have a money making idea there if you make shirts thats say “ I like it in the assay” lol great discussion

@davidwicker1359 22 күн бұрын

If pre33 premiums Are down, I’d buy pre33 (when I’ve been doing the last few weeks) all day long. Both will go up and down with spot value but the pre33 has the possible increase in numismatic value

@user-pq5rb8ju4w 22 күн бұрын

Raw pre'33 gold for me. Straight 1oz gold bullion bars/coins is definitely understandable as a savings account tho.

@Bullionexchanges 21 күн бұрын

Bullion = metal value. Stack 'em high! Numismatics = collectible history! Both are good options when stacked against fiat!

@Crea8Craft 22 күн бұрын

1oz gold buffalos, Maples and/or Brits would be my stacking targets.

@meteoman7958 22 күн бұрын

As a "collector/stacker", I mainly buy RCM made for collector proof gold coins on the after market at prices comparable to gold bars. These are mainly 4 and 5-9's fine. The most I have paid is spot + 3%, but it is generally between -1.5% and +2%. These coins have published catalogue prices, which are quite high and provide a nice value fiction.

@23Keith23 23 күн бұрын

I stack age and buffaloes but I would really love to have a gold bar.

@sinesaii 22 күн бұрын

They are significantly cheaper than a gold Buffalo

@Ryerye830 23 күн бұрын

I do both. If you think SHTF then go bullion.

@sailfly2869 22 күн бұрын

Thats not a bad idea and for me I’m a collector of certified silver dollars and a stacker of ASEs and Maples in bullion and GoldBacks in denominations of one dollar, 90% dimes and 18K jewelry & watch & other 14K gold jewelry along with two H&A branded diamonds both a little larger than 1.6 in G color rounds W/papers. So I’m pretty good with my stash if SHTF but if that happens I believe my stockpile of food will be worth more.

@davidmiles4678 17 күн бұрын

@@sailfly2869 any advice on learning about diamonds. What to look for when buying. I have no knowledge about them. Thanks

@TheQuickSilver101 23 күн бұрын

Multiple shops in my area will take the gold bars out of the assay and test them and send them off to the smelter after paying you well back of spot for them. They don't want them and they don't even try to resell them. They're like the redheaded stepchild of gold

@slapdat.byteme 22 күн бұрын

There are plenty of other shops that will verify your gold bars and pay spot for them. Sounds like the shops in your area need to get a hard pass when it’s time to sell gold bars.

@Kunk35 22 күн бұрын

I totally stare at my collection with admiration.

@jeffshaw4039 22 күн бұрын

I like pre 33 gold stacking silver is a better play

@sinesaii 22 күн бұрын

The Britannia bars are great, but the Perth dragon bars are the best. I like the RCM and Asahi as well.

@davidmiles4678 23 күн бұрын

I have both in my collection. If I had to pick one it would probably be slabs

@elle1014elle 23 күн бұрын

Great video Matt and Andrew! I have noticed several channels are against slabbing coins.

@sinesaii 22 күн бұрын

Against slabbing bullion coins, not against slabbing numismatics.

@arte9855 21 күн бұрын

The wearable gold bars are 1 and 5 gram usually.

@natemr4482 23 күн бұрын

Great podcast Andrew and Matt have a great weekend 😄

@JimWemm-ql1ge 22 күн бұрын

Andrew did you nearly change your mind at the start? 🤔If they were the same cost to buy at the time I would go for the graded ones because you have a choice to either sell graded or take them out of slab and toss them into the treasure chest. 🏴‍☠️ Coins with low premiums would be my next choice. For pure stacking purposes though I would go for the biggest bar I could afford. I know some just like it in the assay, but it is good to have a choice. 😂 Thanks again gentlemen, I appreciate your banter. 🍻

@ozyrob1 23 күн бұрын

Nice banter fellas

@charleshozz 22 күн бұрын

This was a Great Podcast lol I laughed so hard when buddy tol em "that scratch is from you handlin the damn thang" but ye I'd do both depending on PRICE from a BUYERS PERSPECTIVE go with WHATEVER is CLOSER TO SPOT in my humbled opinion. Also I name my coins. I scrooge mcduck em n' all! Def into that Weird Sh#t LOL!

@bigdaddyhoffman1911 22 күн бұрын

Good video guys......Enjoyed 👍👍👍

@EmpirePreciousMetals 22 күн бұрын

Glad you enjoyed it Hoffman!

@axelcobreti4438 22 күн бұрын

I have a few 1986 & 87 liberty five dollar gold coins in capsules with no box or certificate & a shop offered me 250$ a piece. I did not take the offer. I believe these are worth more??

@steveg5576 23 күн бұрын

Great topic. Me, less than a year in I have about 50/50 bars, eagles. Saw this week a buyer at Costco bars at or near spot - got 2% + 2% rebate from their card programs.

@moderndayennui4999 18 күн бұрын

Why not both? I do both. Both is nice.

@mykittenisagrandmaster4381 23 күн бұрын

If I was sending coins to get graded I would mostly go with older coins over up to date ones because I don't really see something like a ms70 silver eagle being much different than a bu none graded silver eagle or a gold ms70 buffalo being much different than a everyday bu one but something like a ms68 Peace dollar versus something like a XF or Ef is way different

@sailfly2869 22 күн бұрын

Hey you better rethink on that, being a collector of PCGS silver dollars starting with Morgans back in 2012 collecting both MS64 or better and AU58 most of the AU58s didn’t do as well as the mint states and getting back to the AU58s it all depends on what was released from the mint over the years. As an investor of coins I found out in the long run it’s cheaper to buy slab coins than taking a chance on a coin getting certified plus the cost of shipping and slabbed. Plus you can concentrate on making your collection more uniform in dates and grade level. Old doesn’t always mean valuable, regardless of grade level, just look at the graded ASEs before 2000 in MS70 and then in MS69 and you tell me what is a more pleasing and affordable option.

@Wes_Stacks. 22 күн бұрын

Two chains is a great start

@bretdustyjesusmavrick6410 22 күн бұрын

WE ALL LOVE IT IN THE ASSAY

@jasonandjulim4163 23 күн бұрын

Andrew, you know it is going to be volatile like a storm this coming week. Everybody does. Are buyers and wholesellers hard locking positions yet? No price flex what so ever type hard lock, regardless of spot at the moment type stuff?

@BayshoreBullion 22 күн бұрын

I do it all day long. Currently locking in anything that comes across my desk.

@jasonandjulim4163 22 күн бұрын

@@BayshoreBullion I'm worried about grid lock.

@DogSoldier1973 22 күн бұрын

I just buy UK Sovereigns and Guinea’s now….!

@bullionaddict9164 22 күн бұрын

What about the Gold RCM bars?

@bmiller22765 22 күн бұрын

I LMAO once I heard about liking it in the assay. That was just too funny 😂 But I prefer the pre 1933 gold coins. I guess I do because I love history. Just think of all the people that handled the coins. And what were they going through in their time.

@briankerr4512 23 күн бұрын

No numismatic for me ... I buy silver (cant afford gold) I like to buy Maples because they are dirt cheep now and only about a dollar more than bars. But I would normally buy the cheapest silver because I think you wont get the premium back ...

@DogSoldier1973 22 күн бұрын

Isn’t constitutional the cheapest silver you guys can buy? Over here in the UK you can buy US Constitutional silver for well under spot!

@mds8168 23 күн бұрын

Keep it simple

@sailfly2869 22 күн бұрын

easier said than done.

@EmpirePreciousMetals 22 күн бұрын

100%

@kevinfraser573 23 күн бұрын

I was wondering same thing. Good video. What do you pay for MS70 Buffalo last 10 years? What is retail of smae

@JayJones-fn5hn 23 күн бұрын

Gold is good but silver is the man.

@scottgrayson9668 22 күн бұрын

Thanks Love your channel Can you Guys talk silver Upcoming?? Thanks

@EmpirePreciousMetals 22 күн бұрын

Thank you! We will have silver in upcoming episodes.

@bo_dink 23 күн бұрын

The gold bars are the most counterfeited of the gold. I buy American gold Eagles & Buffalos mainly. I own no gold bars. Just my.preference. Highly recognized, accepted, & liquid. Plus when you sell them no sort of reporting for any amount sold. For diversity & bc I like them & enjoying collecting & bc they have the potential to rise in value over time I own slabbed St Guadens Double Eagles. I am trying to get a variety of years & MS64 or higher. The premium isn't an issue for me. I plan to own them for ever & pass them down.

@gmoney3116 22 күн бұрын

PAMP KING 👑 “BARS” all day 🤝

@tank5062 23 күн бұрын

Slab coins isn't the way to go....

@davidwicker1359 22 күн бұрын

I hate slabs and have removed many from slabs after buying. But if they are slabbed and not very numismatic, I leave them slabbed because buyers see them as a bit of guarantee that they are not getting ripped off. Just an observation

@sailfly2869 23 күн бұрын

Hey I believe I have a bigger issue as well, it’s a decision between two PCGS certified coins both one troy ounce each, the first is a AGE in a grade level 70 and the other is a 1995-W ASE in PR69DCAM both pretty close in price. What should I do ??

@DogSoldier1973 22 күн бұрын

Gold over the silver eagle all day long!

@sailfly2869 22 күн бұрын

@@DogSoldier1973 Still not sure, being a silver dollar collector I see more value in my certified silver collection than I do in gold but with this economy my thoughts are hold off for now.

@DogSoldier1973 22 күн бұрын

@@sailfly2869Holding off until you’re absolutely sure is definitely the right thing to do! Make choices with your head not your heart 👍🏼

@sailfly2869 22 күн бұрын

@@DogSoldier1973 definitely holding off, once every year I try to buy a rare silver dollar this time in my case ASE for my collection that is on going with new releases and this year I have been doing a lot of cost averaging on my ASEs and been getting some Morgan’s that I didn’t have in my collection as well, even though they aren’t the grade level I prefer. All my collection is certified PCGS.

@natemr4482 23 күн бұрын

First 🥇

@briankerr4512 23 күн бұрын

Ill never buy pamp

@goldsilverjunkie 22 күн бұрын

Hey Andrew, how can you put up with this guy?😂 Jk

@EmpirePreciousMetals 22 күн бұрын

🤨

@jimscherer8072 23 күн бұрын

I love it when someone who knows nothing about numismatics claims to know everything about numismatics. Get learned up or bring someone on that knows. Elsewise you look foolish.

@BayshoreBullion 23 күн бұрын

I don’t know much about numismatics. I refine precious metals. But I’ve still dealt more in coins than anyone you’ve ever met.

@sinesaii 22 күн бұрын

@@BayshoreBullionI am really impressed you responded to that. I could not have done so without any condescension. You are a better man than me.

@BayshoreBullion 22 күн бұрын

@@sinesaii Got to respond back to some of these ridiculous comments 😂. Thanks for watching.

@EmpirePreciousMetals 22 күн бұрын

Also, we’ve never claimed to know everything. I ALWAYS say I know jack shit about numismatics. Even on my streams when I am doing auctions. I just know my price on particular items and what the comps are. That’s it. I’ve sold things way below their value due to my lack of knowledge. But it also comes down to time which I don’t have. Anytime people ask me questions about numismatics, I always refer them to the red book. They look at me sideways because I have a KZfaq channel and think I’m lying, but I really don’t know much about numismatics.

@sailfly2869 22 күн бұрын

@@EmpirePreciousMetals So true, but with eBay tools this makes researching so much easier on current national prices. Another thing about this search is you have completed “sold and not” along with changing ebay filters from most resent to highest first to get an idea what is getting the big bucks and another thing is looking at the bidders history to see how popular this item is.