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r/Gold:
u/
DirectorBiggs
This is dumb, yes it’s going to go up and down, and then up – the wash, the rinse, ad nauseam Give it any time and it alway goes up. Daily talk and posting of charts is so damn juvenile and useless. Please stop. edit: seriously go to WSB with this chart crap..BUT since you brought it up I took a look and real story today is silver, which is nice.
u/
DirectorBiggs
Same choice and one of my main regrets not buying one when I was putting money into silver & gold in 2020 and 2021.
u/
DirectorBiggs
Cant even give weed away here in Oregon. I still like to grow though, dont even smoke it..
u/
DirectorBiggs
Brass, lead & gunpowder
u/
DirectorBiggs
OG St Gaudens
u/
DirectorBiggs
The answer is no, and yes it’ll devalue your stack. There’s a number of reasons; primarily is the accepted premium on fractionals. Secondly having the makers mark makes them easier to verify authenticity and tertiary consideration is with fractionals they’re more liquid in case you need to sell some. Finally if you’re a prepper who’s saving for shtf having fractionals in bits will make it easier to sell / barter in small denominations.
u/
DirectorBiggs
I had to sell off half my metals in 2022 and I held onto all my AGEs and Buffalos. I sold Brittania, Maple, Krug, and a collectable, plus a few others.
u/
DirectorBiggs
It’s overused irrelevant meme, lemming bait.
u/
DirectorBiggs
i am guessing a lot of old people who do not know any better have fallen to this. I’m guessing not a lot of old folks buying metals off ebay. Very likely the people buying are younger crypto and tech bros with easy money and ebay accounts.
u/
DirectorBiggs
All of this and most importantly is that copying / faking a sovereign coin is the definition of counterfeiting (in the US) and if caught is a federal crime, which is a huge deterrent. Faking a bar or company issued coin is much less a crime and is therefore far easier and common to be faked. As a result the number of fake sovereigns are much much less, comparatively not a concern if bought from a reputable source.
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