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To: re3 who wrote (57867)1/14/2001 3:31:20 PM
From: KeepItSimple  Respond to of 436258
 
Comon, if you're not buying bars of gold or silver, you aren't really buying enough to act as a real hedge.

Now if you like coins simply for their collectable value, that's another thing entirely.

Otherwise save up enough money to buy a standardized bar through your broker, and pay the fee for physical delivery. No need to go through disreputable dealers in strip malls. Every major brokerage can arrange for physical delivery of just about any precious metal.

(however, if you take possession of the physical metal isntead of an IOU, it's not an easy process to sell it back- you've got to have it appraised)