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![]() ONE TROY OZ .999 FINE GERMAN SILVER BUFFALO BULLION BAR + PLASTIC CASE US $17.99
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![]() 50x AMERICAN BUFFALO - LIBERTY EAGLE - 1 TROY OUNCE Oz .999 SILVER CLAD ART BAR US $199.95
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Buffalo Silver Bar
German Buffalo 1 Oz Silver Bar - July 4, 2011 Silver Spot Closing Price at $34.15
Gold, an Ancient Form of Investment
Gold’s value dates back to ancient times. Gold has a history of fascination, obsession and even tall tales. Gold has shaped human history through its assigned value dating as far back as the Egyptians. Even today gold is still considered a standard for monetary exchange in many countries.
Gold still has a sense of mystery. But to find gold, it isn’t necessary to scavenge the bottom of the ocean or ‘head west’. Although there is gold found in ‘them there hills’, the easier way to invest in gold is by buying it. There are different formats you can choose from to invest in gold. You may choose one or all of them – and remember all gold investment, like any investment is a risk.
So what are your choices?
1. Gold bars or coins: Do you like holding your own gold? Buying gold bars is cost effective and a specialist or gold dealer will give you a good purchase price for a bar. In some countries you can easily buy gold bars over the counter and they come in 12.5 kg or 1kg size.
Coins are also a popular way to invest in gold as they are easy to buy and sell. Gold bullion coins are priced according to their weight. The most popular bullion gold coins are the South African Krugerrand, the Canadian Gold Maple Leaf, the American Gold Eagle and American Gold Buffalo. Each of these coins are exactly one troy ounce each. BullionDirect.com’s Nucleo Exchange makes it easy to buy and sell gold and night. The exchange handles the entire transaction process including the trading, authentication, storage, insurance, order fulfillment and distribution of products.
2. Gold Certificates: A certificate of ownership can be held by gold investors. Having a certificate allows you to buy and sell gold securities without having to store the actual gold.
3. Accounts: Gold accounts or statements are obligations of the issuing institute to deliver upon demand a stated quantity of gold. Gold accounts are typically backed through unallocated allocated gold storage. Different accounts have varying levels of intermediation between the client and their gold.
4. Gold Stocks: Gold exchange-traded funds or GETF’s are traded like shares. A small commission is charged for trading gold stock. The upside is gold stock represents a way to avoid the sales tax that would apply to physical gold coins or bars.
5. Gold Mining Shares: Here you aren’t investing in the gold directly but in the mining companies searching for the gold. The appreciation potential of a gold share is depending upon the future price of gold. Do your homework though; many mining firms sell their future production years in advance. With gold mutual funds your risk is more diversified. Some funds offer a broad mix of international mining stock.
About the Author
BullionDirect is a leading online source to buy and sell precious metals, including gold, silver, platinum, and palladium coins and bars. For more information please visit www.bulliondirect.com.
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Frequently Asked Questions...
what is the difference between a proof and a round?
I have been buying silver buffalo rounds. I need money and see that they are going for good prices on eBay. Some of the exact rounds I have say that they are "Proofs". What is a "Proof" and how does that differ from my "Rounds"? Or do they differ? If the background is shiny, can I call it a "proof"?
Since my bullion hasn't been circulated, can I say it hasn't been circulated without paying an expert to certify it?
Anything else I can do to get higher prices on my auctions? I have 999 Buffalo rounds, 999 silver eagles, 999 Academy bars, and 9999 Maple Leaves that I need to sell to pay my mortgage and need to get the most I can.
Answer:
"Proof" is a reference to the type of finish on the coin. Proof coins generally have mirror-like flat areas and frosted raised areas. They are also issued in plastic capsules, because any kind of fingerprints damages the finish.
The US Silver Eagles and Maple Leafs are the two types of coins where there is a difference in value between 'proof' and regular struck coins. Proof Eagles sell for $10 - $25 more than regular strike coins. The non-coins ('academy bars' and 'buffalo rounds') are, to me anyway, strictly bullion value.
As far as 'Uncirculated' goes: If it doesn't have any wear or obvious fingerprints on it, it will pass as uncirculated. For the non-coin items, it isn't going to make any difference, anyway. Silver bullion is silver bullion.
I wish you the best of luck on your auctions.


































































