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Which do prefer?

coins or rounds due to ease of familiarity.

I do some of each, each for their own reasons.

I like bars because it's a convenient way to store value that is independent of FRN's. I do them in 10-oz. increments because a.) it's what I can afford, a few at a time, and b.) they stack nicely when they're all the same square size and shape.

I like coins primarily as a hedge against the possibility of a "zombie apocalypse" situation. Coins are small, portable (read: concealable in a pocket), incremental and (ignorong wear and tear) guaranteed in their metal content as "coins of the realm," making them convenient for trade or barter on a daily basis where a 10-oz. bar would be inconvenient. Also, if precious metals get confiscated and you don't surrender yours, and then the Gubbment comes a-knocking, your coins are just coins with a face value equal to the same ones minted yesterday. They're not an investment or a hoard, they're just coins you found in your change and set aside because they looked a little funny or something--no violation of law there. Though I'm sure they could find one...

rexmerdinus wrote:I do some of each, each for their own reasons.

I like bars because it's a convenient way to store value that is independent of FRN's. I do them in 10-oz. increments because a.) it's what I can afford, a few at a time, and b.) they stack nicely when they're all the same square size and shape.

I like coins primarily as a hedge against the possibility of a "zombie apocalypse" situation. Coins are small, portable (read: concealable in a pocket), incremental and (ignorong wear and tear) guaranteed in their metal content as "coins of the realm," making them convenient for trade or barter on a daily basis where a 10-oz. bar would be inconvenient. Also, if precious metals get confiscated and you don't surrender yours, and then the Gubbment comes a-knocking, your coins are just coins with a face value equal to the same ones minted yesterday. They're not an investment or a hoard, they're just coins you found in your change and set aside because they looked a little funny or something--no violation of law there. Though I'm sure they could find one...

What do you think of 1 ounce bars? I was thinking of getting the randoms from provident for the lowest premium.

Develop your own rationale that makes sense for you personally, for your situation.

For me, and possibly many others:

• focus is on coins, split between the major recognized 1 oz silver coins and full-weight AU to BU US 90% halves
  
  • In 1-oz coins: Major focus is ASE. Minor focus on Maples. Tertiary amount of Libertads.
  • In US 90%: , Major focus is 90% full-weight halves, especially 64 JFKs. Secondary significant position in full-weight quarters and dimes, for use as "change".
• secondary to coins, some of the major 1-oz bullion mint rounds
• tertiary to coins, a few .999 bullion bars of various sizes

68Camaro wrote:Develop your own rationale that makes sense for you personally, for your situation.

For me, and possibly many others:

• focus is on coins, split between the major recognized 1 oz silver coins and full-weight AU to BU US 90% halves
  
  • In 1-oz coins: Major focus is ASE. Minor focus on Maples. Tertiary amount of Libertads.
  • In US 90%: , Major focus is 90% full-weight halves, especially 64 JFKs. Secondary significant position in full-weight quarters and dimes, for use as "change".
• secondary to coins, some of the major 1-oz bullion mint rounds
• tertiary to coins, a few .999 bullion bars of various sizes

I'm from central FL also.

Well welcome, needler. I'm on the northeast side, in south seminole. Don't know if you're a penny sorter, but I dump at TD bank (now), so don't think we will have any territorial issues. I know there are other local sorters out there of various types - I run into their signs from time to time - but haven't actually met any.

Something I realized going through T&A in Seattle: Gold coins probably look a lot like clads on the x-ray, so the T&A crowd will probably leave them alone (small amounts, anyhow). Bars will show up as something to be investigated.

I looked at a 10.12 TrOz ingot today. It was roughly poured, stamped with a logo, .999 silver, and the weight. I offered the guy 80% of spot, and he turned it down. He said he would call me back i he changed his mind.

But from him I did get some old silver US coins, eight .999 standard 1oz rounds, a 1oz rectangle, and two small thick 1oz rounds, for $445; it was 14.74 TrOz, at $19.75/oz. From my craigslist ad offering 23x face.