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Show me another »Where can I buy gold coins without paying a huge markup?
I am looking to buy some gold coins to diversify my portfolio. All the online sites I see are charging at least a 15% markup from the gold price that is posted. Is there any place to get coins for less of a markup? I am looking at this from an investment point of view and not a coin collectors point of view. I really do not care about the coin itself, but would prefer US coins.
Best Answer - Chosen by Voters
Open a discount brokerage account.
Buy GLD.
Voila - gold at no markup.
Just try to sell a coin - even at ebay.
You will never get half if what you paid for it.
Gold coins - easy to buy - hard to sell.
/
Buy GLD.
Voila - gold at no markup.
Just try to sell a coin - even at ebay.
You will never get half if what you paid for it.
Gold coins - easy to buy - hard to sell.
/
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Other Answers (3)
- I would stay away from gold coins and look at either buying shares of GDX or for a little more risk - GDXJ if you want to invest in gold.0% 0 Votes
- You could try local coin dealers to see what type of mark up they have. Most carry bullion coins such as the American Eagle series.0% 0 Votes
- apmex.com is a lot better then 15%. I have seen fractional down to 8$ over spot.33% 1 Vote
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