The picture on the round is from the refiner. I guess it has to be assayed to make sure you didn't scrape some off or counterfeit it, although that can be done with coins, too, I guess. I suppose it is no more of a crime to counterfeit rounds than it is to do the same with Levis, probably gets less Secret Service effort than counterfeit money.
Anyway, the coins (pre '64) in bags are 90% silver, so they cost less. The mint also puts premiums on the eagles, and so do all the intermediaries, which jacks up the price, plus they are uncirculated. (Additionally, there is sales tax for me, in Ca, when I buy eagles, but not regular coins, which makes them an additional 7 % cheaper).
I'm not sure,but I think you can probably keep any form of the metal in IRAs. When I checked into it, the storage fee was pretty expensive, tho. If you want to hold metal in IRAs, look at CEF (AMEX). They are a metals holding company, no fees to you for storage.
Sundance
But, why is a bar a few cents cheaper than a round? |
