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Should You Buy Cheap Gold Bars? .com/watch?v=RcwBH3pB5-U

Should you buy cheap gold bars? The premium on gold bars is typically lower than coins, but is it worth it? ✅ SUBSCRIBE: 📷 Instagram: 💬 Discord: 🚫 DOOR MARKED PRIVATE: WHERE TO BUY JM Bullion is a trusted dealer and a sponsor of the 2 is 1 channel. (I do not receive commissions.) HELPFUL VIDEOS ▸ Gold Coins 101: ▸ Storage: ▸ Capsules: PRODUCT LINKS: ▸ Pelican Micro Case ▸ 32mm Direct-Fit Capsules (Fit 1 oz American Gold Eagles, Gold Buffalos, etc.) (10 capsules) (20 capsules + tube) ▸ 30mm Direct-Fit Capsules (Fit 1 oz Canadian Maple Leafs) ▸ 27mm Direct-Fit Capsules (Fit 1/2 oz American Gold Eagles, etc.) ▸ 22mm Direct-Fit Capsules (Fit 1/4 oz American Gold Eagles, etc.) ▸ 16mm Direct-Fit Capsules (Fit 1/10 oz American Gold Eagles, etc.) ▸ Theory11 Playing Cards ▸ Field Notes Notebooks I buy gold and other assets on a dollar cost average schedule and then buy more as price and interest allow. If you want to know more about buying gold coins, that is my primary focus here. I talk a bit about cryptocurrency, mining stocks and other equities as well. Cheers! GET IN TOUCH [email protected] Disclaimers: I am not a financial planner, a CPA or an attorney qualified to give financial advice. I’m just a guy on the internet, talking about precious metals. This is for entertainment only. Who isn’t entertained looking at gold coins? If you’re looking for financial, tax or legal advice, please seek out a professional. As an Amazon Associate I may earn commissions from qualifying purchases. Any potential compensation I earn will not negatively affect your purchase. Thank you!

23 Replies to “Should You Buy Cheap Gold Bars?”

  1. Congratulations on two and a half years! Your channel is my favorite on all of YouTube. I learn, appreciate your perspective and I always enjoy looking at the fun coins! Happy Holiday wishes to you and your family!

  2. Generally speaking I think coins are the better option. I’d love a big cast bar but it doesn’t make sense when you do the math and consider the pain at the other end (selling being more difficult and getting a worse price than equivalent coins) I did buy a bar recently though not something I’ll make a habit of

  3. One nice bar is the Britannia with the Lady Britannia soldier on the front. That is a very winning design whether in 5gram gold bar or 10oz silver bar (I bought the 5 gram gold for around $300). I have never tried to offer one to an LCD but I’d be surprised if they weren’t very interested as those gold bars are stunning to look at.. not at all boring like say the Heraeus or Valcambi. And the price is around the same. Perhaps you’ve seen them already… in the grey assay with ‘The Royal Mint’ at the top.

  4. Really unless a bar has some historical value to it (like a bar from the gold rush) I will just stick to coins as well. There is a whole sub-set of collecting vintage bars (especially silver) that is fun too, but I wouldn’t stake my savings on them.

  5. I took advantage of that spot deal. Even though I have a Precious Metals verifier, I can provide some tips on how to tell if a bar is fake or not just by looking at it.

  6. I think gold bars are much more difficult to verify. I just watched a video where the Sigma (basic) read a gold bar as 100% dead center legit and the XRF machine showed NO gold content at all. That’s scary. I’ve had a few 1 oz gold bars over the years but dumped them all when the price was right. Probably still have a few 5g bars somewhere. The pre-33 fakes are pretty good nowadays. Even the doggone slab holders are fake like you say. I’m with you though – not a fan of gold bars. They are lower than last on my list.

    1. I don’t like to make this kind of video because somebody inevitably just ends up feeling worse about a purchase, but there just isn’t a strong case for bars in the U.S. They bring a bit more risk, a bit less liquidity and don’t even beat the buy to sell spread of several good coin options in most cases. Above 1 oz, I think bars probably make sense. 10 oz and up. I don’t make that case, though, because I’m not buying at that level. Cheers!

  7. Thanks for the advise and opinions. I do have a bunch of smaller gold bars and 10 gram bars that got killer deals on basically at spot price and i know they are legit cause i bought them from legit dealers. Im not a fan of gold bars as much as coins but i guess my plan was to later on trade them all in on larger 1 ounce coins or something as it is hard for me to come up with the cash for full 1 ounce coins all at once.

  8. Any buyer /dealer worth anything can tell you easily. My local guy took scrap, coin, bars, jewelry…etc…. You got to have a trustworthy, person, with skill and experience.

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