View previous topic :: View next topic |
Author |
Message |
createasaurus21
Joined: 22 Feb 2009 Location: Seoul
|
Posted: Mon Nov 08, 2010 10:43 pm Post subject: Anyone know where to buy Gold coins in Seoul? |
|
|
I'm looking for the standard 1 oz. .999 pure gold coins from the U.S., Canada, China, Australia, etc. |
|
Back to top |
|
 |
DeMayonnaise
Joined: 02 Nov 2008
|
Posted: Mon Nov 08, 2010 10:46 pm Post subject: |
|
|
Kim Glen Beck can probably hook you up. Call GolduhLinuh. |
|
Back to top |
|
 |
createasaurus21
Joined: 22 Feb 2009 Location: Seoul
|
Posted: Tue Nov 09, 2010 12:09 am Post subject: |
|
|
disregard the post, i ended up ordering it online.
price of gold is going crazy, trade in your paper money folks ... if i took advice one year ago, I would have added +50% to my savings in 12 months not doing anything. and it is expected to go up 500�1,000% in the next two years as overinflated currencies continue to drop.
if i didn't procrastinate, just 5 months ago, i would have made a good 20% gain. it went up $16 just today on suspicion of anticipated actions in this week's G20, which is to go back to the gold standard.
simply said, buy a 1 oz gold coin or ten or how ever many you can afford, you can't go wrong, gold isn't go down in the long term. |
|
Back to top |
|
 |
Skippy

Joined: 18 Jan 2003 Location: Daejeon
|
Posted: Tue Nov 09, 2010 2:23 am Post subject: |
|
|
You may also want to look into a GOLD account. A few of the banks have one. Search the forums. |
|
Back to top |
|
 |
createasaurus21
Joined: 22 Feb 2009 Location: Seoul
|
Posted: Tue Nov 09, 2010 3:17 am Post subject: |
|
|
I don't trust those, I prefer to have the physical gold in my hands or in a safety deposit box. Besides, it's fun to have gold and silver coins and bullion bars, I feel like a pirate! |
|
Back to top |
|
 |
cragesmure
Joined: 23 Oct 2010
|
Posted: Tue Nov 09, 2010 4:27 am Post subject: |
|
|
Do you mind where you got them online? I've been thinking about getting some gold/silver myself. Thanks |
|
Back to top |
|
 |
machoman

Joined: 11 Jul 2007
|
Posted: Tue Nov 09, 2010 4:41 am Post subject: |
|
|
there's a leprechaun living in hongdae near geckos that offers gold coins.
sorry for the trolling post. but that's an interesting point u make. so yeah, do tell which site u used. and how can you verify it's authenticity? |
|
Back to top |
|
 |
createasaurus21
Joined: 22 Feb 2009 Location: Seoul
|
Posted: Tue Nov 09, 2010 5:44 am Post subject: |
|
|
the site i used was: http://www.regalgoldcoins.com/gold-bullion.html
they have an A rating with the better business bureau in the states.
you can order with a credit card to "hold" the order, but you have to send a personal check, cashier's check or wire transfer within 48 hours. |
|
Back to top |
|
 |
createasaurus21
Joined: 22 Feb 2009 Location: Seoul
|
Posted: Tue Nov 09, 2010 9:05 pm Post subject: |
|
|
... but regardless of their A rating, they will try and get you to buy old Swiss gold coins that they are trying to get rid of and will scare you into thinking that the us government (if you're american) may one day confiscate everyone's gold like they did earlier last century, and that the old swiss gold coins are non-confiscatable. i have no idea why they do this. their prices though are the best i've seen in my shallow online searches. |
|
Back to top |
|
 |
diver
Joined: 16 Jun 2003
|
Posted: Tue Nov 09, 2010 9:14 pm Post subject: |
|
|
createasaurus21 wrote: |
... but regardless of their A rating, they will try and get you to buy old Swiss gold coins that they are trying to get rid of and will scare you into thinking that the us government (if you're american) may one day confiscate everyone's gold like they did earlier last century, and that the old swiss gold coins are non-confiscatable. i have no idea why they do this. their prices though are the best i've seen in my shallow online searches. |
So where is the gold then? |
|
Back to top |
|
 |
geldedgoat
Joined: 05 Mar 2009
|
Posted: Wed Nov 10, 2010 9:09 pm Post subject: |
|
|
createasaurus21 wrote: |
... but regardless of their A rating, they will try and get you to buy old Swiss gold coins that they are trying to get rid of and will scare you into thinking that the us government (if you're american) may one day confiscate everyone's gold like they did earlier last century, and that the old swiss gold coins are non-confiscatable. |
What's the difference between the different gold coins besides weight and purity? Are coins of equivalent weights and purities priced differently because of their mint? |
|
Back to top |
|
 |
DeMayonnaise
Joined: 02 Nov 2008
|
Posted: Wed Nov 10, 2010 9:55 pm Post subject: |
|
|
So what do you do when you're ready to sell, just call someone up and sell them? Seems like if the price of gold goes way up, nobody will want to buy it, right? (Obviously I'm missing something here). I guess to use the proper term, how good is gold's liquidity? |
|
Back to top |
|
 |
jvalmer

Joined: 06 Jun 2003
|
Posted: Wed Nov 10, 2010 10:24 pm Post subject: |
|
|
DeMayonnaise wrote: |
So what do you do when you're ready to sell, just call someone up and sell them? Seems like if the price of gold goes way up, nobody will want to buy it, right? (Obviously I'm missing something here). I guess to use the proper term, how good is gold's liquidity? |
I've started to purchase some silver, since gold is pretty expensive now. I was wondering how liquid metals are too, will Jewelers give you close to spot price? |
|
Back to top |
|
 |
Heli Mike
Joined: 26 May 2010
|
Posted: Wed Nov 10, 2010 11:10 pm Post subject: |
|
|
jvalmer wrote: |
DeMayonnaise wrote: |
So what do you do when you're ready to sell, just call someone up and sell them? Seems like if the price of gold goes way up, nobody will want to buy it, right? (Obviously I'm missing something here). I guess to use the proper term, how good is gold's liquidity? |
I've started to purchase some silver, since gold is pretty expensive now. I was wondering how liquid metals are too, will Jewelers give you close to spot price? |
Whenever I have purchased/sold silver generic rounds (coins) one troy oz .999 pure silver, I would typically purchase for about $1.50 over Spot and when selling, about $2-$3 under Spot. Any coin dealer in the states will purchase your coins in this fashion. |
|
Back to top |
|
 |
jvalmer

Joined: 06 Jun 2003
|
Posted: Wed Nov 10, 2010 11:18 pm Post subject: |
|
|
Heli Mike wrote: |
jvalmer wrote: |
DeMayonnaise wrote: |
So what do you do when you're ready to sell, just call someone up and sell them? Seems like if the price of gold goes way up, nobody will want to buy it, right? (Obviously I'm missing something here). I guess to use the proper term, how good is gold's liquidity? |
I've started to purchase some silver, since gold is pretty expensive now. I was wondering how liquid metals are too, will Jewelers give you close to spot price? |
Whenever I have purchased/sold silver generic rounds (coins) one troy oz .999 pure silver, I would typically purchase for about $1.50 over Spot and when selling, about $2-$3 under Spot. Any coin dealer in the states will purchase your coins in this fashion. |
So what is the typical max amount a coin dealer would cash? A 10 oz bar? 100 oz?
What would be the best amount to buy? Currently I have and thinking about buying 1oz silver coins/bars. Maybe a few gold ones if I decide to commit some of my savings to a purchase. |
|
Back to top |
|
 |
|