Gold

Banking and Saving strategies, maximizing interest rates, budgeting, GICs, HISAs.
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Sensei
Gold Ring
Gold Ring
Posts: 1512
Joined: 07 Mar 2008 21:22
Location: Tokyo

Gold

Post by Sensei » 08 Feb 2017 17:28

Hello,

Rare visit here, but perhaps some people have some experience with this metal :wink:

I will be renting a safety deposit box in the next few months to set aside some cash and other valuables.

I was just wondering about coins like Canadian Maple Leafs. Two questions:
1. Where is the best place to buy them? Mint? Dealer?
2. Later, if I did sell one, where is the best place to sell?
3. Is there a spread in pricing and if so any idea how much?
(Ex. If I bought a Maple Leaf at the mint, would I get the same price if I sold it right back?)
Cheers

"A dividend being paid today is always a positive return." Josh Peters, Morningstar

hamor
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Silver Ring
Posts: 291
Joined: 09 Mar 2013 23:12

Re: Gold

Post by hamor » 08 Feb 2017 20:56

If you're in Japan, not sure I can help.
Scotia has strong metals desk, some other banks followed.
There's of course a spread, the smaller the trade, bigger the spread.
There're few dealers in GTA (and online), there's a lot of info on RFD (redflagdeals)
I for example bought some silver coins (as a present) online in the US and they were delivered

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