You are viewing a single comment's thread from:
RE: Unboxing #3 - The Next Level
I keep seeing articles about "stackers" and didn't know there was a whole community around it. There was an article (maybe on your blog) describing how bullion had a lower markup than coins. Do you guys purchase these online or at coin shops? When I was in Germany, they had bullion and coins for sale at a bank.
Yeah, there's a whole group here! You can search the #steemsilvergold tag to see what people are posting on.
The markups on specific products can vary. That's why a lot of people use different places to get different stuff. Specialized coins, and rare coins tend to have higher premiums. Local bullion coins (the silver american eagle in the USA, the maple leaf in Canada, the Britannia in the UK) are normally cheaper.
I have only purchased coins from local shops. I've also traded with people on Steemit. I haven't gotten bullion from the bank, but that would be cool!
Hi Thanks, this just shows my lack of knowledge. I thought "bullion" reffered to the bars. :)
No worries. I'm still learning as I go as well. Bullion is just when it's valued by weight. So it's normally in pure form. .999 or better.