Silver Ingot
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US $2.25
Once I decided to invest in gold I faced the next question, should I buy and sell ingots or coins? A bullion coin is a coin struck from precious metal and retained as an investment, rather than used in day-to-day commerce. Bullion coins are usually available in gold and silver, with the exception of the South African Krugerrand and Switzerland's Vreneli which are gold only. The American Eagle series is minted in gold, silver and platinum, and the Canadian Maple Leaf series is struck in gold, silver, platinum and also palladium.
Bullion coins are also typically available in various weights. These are usually multiples or fractions of 1 troy ounce, with a very few bullion coins minted, in extremely limited quantities, in kilograms (approx 2.2 pounds) and even heavier as special commemoratives.
Gold and silver are often seen as hedges or safe havens against inflation, political upheaval, social unrest, currency-based issues and economic downturn. Silver coins have become popular with collectors due to their relative low price compared to gold, and unlike most gold and platinum issues which are valued based upon the markets, silver coins are more often valued as collectables, sometimes far higher than their actual bullion value. Investors may also buy gold, silver, platinum, etc. during times of economic expansion for investment capital appreciation or to avoid inflationary impacts experienced with other investments.
Of all the precious metals, gold is the most popular as an investment.
Gold or silver, which were known to ancient civilizations, have a much longer history in financial markets than platinum. Platinum is relatively scarce even among the precious metals. As such, it tends to trade at higher per-unit prices than gold. Platinum is traded on the New York Mercantile Exchange (NYMEX) and the London Platinum and Palladium Market. Generally this trade is in ingots and not coins.
The price of platinum closely follows its perceived supply and demand. During periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold. Since platinum has numerous commercial uses, such as with catalysts, during periods of economic decline, the price of platinum tends to decrease due to reduced commercial consumption and overall demand. Platinum's price peaked at almost $2,300 (USD) per troy ounce ($74/g) in March 2008 driven by production concerns (arising partly from problems in South African mines). It later fell to $780 (USD) per troy ounce ($25/g) in November 2008.
For this reason, I primarily consider gold and silver in both ingots and coins. I strongly prefer gold due to its global demand, but occasionally purchase silver, very occasionally. My ingot/coin "mix" of gold is approximately 25%:75% since I consider gold to be a long-term asset. I appreciate the "collectability spread" inherent in gold coins, and also want some ability to sell gold if the situation warrants. Ingots would be the first to go, so I have diversified my precious metals holdings past simply "gold".
I have generally stayed away from mining stocks simply because they are a more complex issue than ingots or coins. To delve into gold and/or silver mining equities should require some research into energy requirements, environmental considerations and the political environment. I stick to the basic metal and bullion coins.
A very difficult decision is whether to take actual physical possession of a gold investment or not. Without going into the details of why, I'll simply say that I do NOT take possession of ingots. Now with coins, I usually do not take possession although I do have a few in a lock deposit box. Why? First these are usually physically the smaller issues and the ones I think are prettier. Sometimes I use these as gifts at graduations and weddings. In the last 20 years, only one (1) time has my gold coin gift ever been duplicated by a coin gift from someone else.
Generally, I have seen gold; my silver holdings just are not very significant, be a minor percentage but an important diversification of my long term assets. I have generally placed at least 10% and rarely over 20% of the total investment value into precious metals. Note that I have SOLD (ingots) to maintain the not-over-20% which has consistently resulted in realizing a marked profit from peaking gold prices. A simple strategy that totally removes "timing" from the investment buy-sell consideration.
Hello, Peter R. here. I have tried to put five-percent (5%) of my annual income into long-term assets. Sometimes this has been very difficult to do, other times much easier. The hardest thing I encountered was having a single source that offered an exceptional range of bullion coins - commemorative, collectible and historic. A reliable single source; as in having been around for years! After several "false starts", well get the whole concept here
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Manufacturing Large Steel Ingot $79.99 Fritz Goro Manufacturing Large Steel Ingot - Premium Photographic Print |
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State of Israel Coins Water Systems Shiloah Silver Ingot Medal $861.47 The Shiloah Tunnel or Tunnel of Hezekiah is the highlight of the ancient water systems. More than 2 700 years ago the Jerusalemites hewed out this tunnel with a winding path starting in two directions until they successfully met in the middle. An inscription in ancient Hebrew writing on the rock of the tunnel testifies to the successful joining. This engineering project that took place in the time of King Hezekiah s reign towards the end of the 8th century BCE was the greatest of its kind of the period ensuring that water would reach the city from the Gihon Spring. The medals have been struck in two versions:. Sterling Silver (4oz.) struck to highest quality standards with high relief. Cast Pewter. Obverse:. The medal depicts the southern end of the tunnel at the Pool of Siloam (Shiloah) and the remains of the pillars from the Byzantine Period. To the left a seal found in excavations in the City of David with inscription Benayahu Son of Hosheyahu in ancient Hebrew writing. Reverse:. On the back common to the 4 medals in the series a verse from the Book of Kings. Edge:. Smooth. Designer:. Eliezer Weishoff. Silver medal: Hecht. Pewter medal: Tigel. Details: 21662004 2007 Sterling Silver 65x35 Diameter mm. 136.0 Weight gm. |
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The Workmen Quickly Covering the Ingot with Vermiculite $79.99 Ralph Morse The Workmen Quickly Covering the Ingot with Vermiculite - Premium Photographic Print |
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The Furnace Where the Ingot Gets a Brief Reheating $79.99 The Furnace Where the Ingot Gets a Brief Reheating - Premium Photographic Print |
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State of Israel Coins Water Systems Shiloah Pewter Ingot Medal $256.11 The Shiloah Tunnel or Tunnel of Hezekiah is the highlight of the ancient water systems. More than 2 700 years ago the Jerusalemites hewed out this tunnel with a winding path starting in two directions until they successfully met in the middle. An inscription in ancient Hebrew writing on the rock of the tunnel testifies to the successful joining. This engineering project that took place in the time of King Hezekiah s reign towards the end of the 8th century BCE was the greatest of its kind of the period ensuring that water would reach the city from the Gihon Spring. The medals have been struck in two versions:. Sterling Silver (4oz.) struck to highest quality standards with high relief. Cast Pewter. Obverse:. The medal depicts the southern end of the tunnel at the Pool of Siloam (Shiloah) and the remains of the pillars from the Byzantine Period. To the left a seal found in excavations in the City of David with inscription Benayahu Son of Hosheyahu in ancient Hebrew writing. Reverse:. On the back common to the 4 medals in the series a verse from the Book of Kings. Edge:. Designer:. Eliezer Weishoff. Details: 41662004 2007 Pewter 50x90 Diameter mm. 180.0 Weight gm. |
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MAXSTUDIO - Ingot (Black) - Footwear $87.99 6pm.com is proud to offer the MAXSTUDIO - Ingot (Black) - Footwear: Stir his senses with these scandalous heels from MAXSTUDIO! ; Easy slip-on wear. ; Leather upper with laser cut and stud detail. ; Leather lining. ; Lightly cushioned man-made footbed. ; Stacked heel. ; Man-made sole. ; Heel Height: 4 1 4 in ; Weight: 7 oz ; Product measurements were taken using size 7. Please note that measurements may vary by size. |
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Photograph of a Metallurgist Chipping a Piece Off the Corner of a Gold Ingot for Testing $39.99 Photograph of a Metallurgist Chipping a Piece Off the Corner of a Gold Ingot for Testing - Giclee Print |
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Men Ladling Tin from the Furnace into Ingot Molds to Cool Off $79.99 Carl Mydans Men Ladling Tin from the Furnace into Ingot Molds to Cool Off - Premium Photographic Print |
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Ingot of Magnesium, Part of the U.S. Strategic Materials Stockpile, Stacked and Covered with Snow $79.99 Ed Clark Ingot of Magnesium, Part of the U.S. Strategic Materials Stockpile, Stacked and Covered with Snow - Premium Photographic Print |
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Men Watch a Metal Ingot Being Flattened into a Slab by Giant Rollers $39.99 Willard Culver Men Watch a Metal Ingot Being Flattened into a Slab by Giant Rollers - Photographic Print |
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Electric Crane Lifts a Glowing Steel Ingot from a Soaking Pit $39.99 Willard Culver Electric Crane Lifts a Glowing Steel Ingot from a Soaking Pit - Photographic Print |
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Ingot Molds Wait to Be Filled with Molten Steel from a Bessemer $39.99 Willard Culver Ingot Molds Wait to Be Filled with Molten Steel from a Bessemer - Photographic Print |
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Gold Ingot from a Mine in Austin, Nevada, Austin, Nevada $39.99 Phil Schermeister Gold Ingot from a Mine in Austin, Nevada, Austin, Nevada - Photographic Print |
