Why is pamp suisse so expensive

Gold is much more portable of course one of the characteristics that makes it money. So a PAMP 1oz bar can make a great travel insurance product. Often a great gift for a travelling son or daughter. What are the Rules? Just like anything else, individual circumstances mean that the best option will differ from person to person. Some local gold or silver to get the best price and therefore the most physical metal possible.

And some PAMP products in case you relocate overseas. If you travel, then definitely consider a few PAMP Lady Fortuna gold bars as some emergency money in case of theft or a lost wallet or purse while overseas. If you found this article informative, then sign up below. Editors Note: This post was originally published 5 June Last updated 29 June to include current pricing. What can you offer in the way of storage of precious metals in NZ, or if you cant store, do you have any recommendations of different options?

Regards R. Pingback: Carrying Gold into a Foreign Country. Is availability also a factor? No there is no wait currently on local gold.

Same with PAMP. Both are in stock. Just one mans two Lincolns worth. Stack on. The smaller it is, the more you pay for it. I tend to sit and wait until I gather enough to buy a decent size.

I say: if you cannot buy at least 10 grams, then avoid anything smaller. Pamp is beautiful, but very expensive.

If you cannot buy 10 grams of gold, either wait and accumulate money or, buy silver! You do pay a huge premium for products that small, but on the bright side other people generally will as well if you went to sell. If you like them and get them because you like them then its not a bad buy. They arent a good investment though with such a high premium. Thanks for all the advice, I'm going to save up to buy a 10 gram next time. I have that generic blue Pamp Suisse box that holds 25 so I'm trying to fill it up.

Same here, I do know that I am over paying but I really like the feel of them within a capsule lol. View Last New Topics. Esther Fleming January 19, Table of Contents. Previous Article What city is closest to Wisconsin Dells?

Next Article How many Afghans are there in Turkey? Back To Top. I would like to know Yep can't agree more. Local dealers deal on ounces and purity, not shiny. Thats a good question. But there is an obvious premium that is supported by the market. For me I just wanted one, It looks nice and I consider it part of my collection. Want to make money, trade the markets.

Trying to make money buying and selling PM not so good. Wide spreads, not as liquid, no dividends and cant sell options against them to generate cash as well.

I just purchased two rolls of the "Queen Beasts 2 ounce" They look amazing so I bought the and the 10 coin rolls and a single coin of each. They have a premium of 2. The premiums on some of this stuff does seem to stay priced in. There are plenty of people who want something interesting and paying 3 bucks extra for a coin that costs 40 bucks not a big deal for example.

I paid 40 dollars for these coins, it seems on ebay people have no issue paying bucks for them. It's not just the stamping. PAMP puts a lot of dollars behind their minting process their cost is higher than your regular mint or even government mint. Have you ever seen the video on their facility and minting process? It's just throwing away ounces considering generic silver is under a dollar premium.

I think it is very important to remember that the silver "collector" market is real. Sure there are many who only care about ounces and are not concerned with the art or imprint or brand or packaging or gimmick, but there are also many who do care about this thing and are willing to pay the hefty premiums.

I would stick something like a kook right in the middle of that spectrum which appeals to both sides, but to those who will pay extra for the Pamps and Star Wars coins and whatever else, by all means more power to them. Those items with proven track records do hold their value and the premiums often do increase in time for eventual resale. Sure some are gimmicky, not very popular and will drop in value, but let's just not forget that the collector side of the market is also very large and supports these kinds of premiums.

It is real, no flash in the pan. An example, I have bought a few of the various sizes of Pamp Rosa rose bars as they are very pretty and make for great gifts for a woman. I kept a gram for myself, just because they are nice. But granted I'll only pay these high premiums for a small part of my stack or when purchasing as a gift. Like they say Horses for courses. One mans waste of money is another mans treasure.

Look at watches, you can buy a 29 dollar casio that keeps better time than a 18, dollar Rolex yet they sell plenty of them and the mechanism they use is the same one designed decades ago so a dollar watch sells for 18K no problem and even the used market people pay top dollar for these watches.

The Pamp bars, look at the prices they sell for, the premium moves along with spot. There are products where the premium cannot be re-captured on sale and some where it can. Just be careful when buying and buy what you enjoy.

Well that the smart way to collect. Stick to what holds value and keep it within reason. Even the kilo lunars can be had for 2 dollars over spot if you look carefully your out of luck anything and older and they look great and seem to actually increase in premium to spot over the years due to lower mintages and unique features. There is a lot of ripoff products with huge markups that on resale evaporate. I avoid those like the plague. That comes from experience and knowing the market and being able to spot the winners and losers, or at least being good at guessing.

It is definitely a flipper's market out there if you know what to buy and wait a few years for inventories to sell out and scarcity to rise, and you can make money at this regardless of where spot is at. That is why I like some of these more collectible coins especially and sometimes bars or rounds, because you are not strictly tied to spot as far as making a return.

Granted this really only works on Ebay as I realize the LCSs don't really care about fancy silver and rarely pays for it. Let's stick to silver because watches are a different ball game I buy for less than a buck and sell at spot no problem. You can't do that with PAMP Asking a price on eBay is different than getting it, I've sold PAMP bars and it takes forever and you have to beg to get some premiums back.

I guess the ease and speed of liquidity doesn't really matter but it's something to consider if your going to sell one day. Getting those premiums back on PAMP and at a timely manner is easier said than done.

You will see, the premium of those lunars will go to the moon They sell now I buy stuff made of silver primarily as 1 collection for the beauty etc..

But Buying and selling silver just to make money seems a bit foolish. I do not see much point in trying to trade physical PM. I agree again. I'm much more of a stock market guy and only buy, collect and sell silver for fun and as a hobby. Sure I make some money on the side but I see it as a collecting bonus.

Not making or intending to haul in big cash this way at all. The best way, IMO to capitalize on profiting in PMs is to trade the miners on the stock market, but there is great risk with that too. Not to mention using options. The Spiders ETFs are great of course but even that is mild when compared to messing with the miners. Well you have to do what you know and what your comfortable with and stocks aren't my thing. I enjoy stacking and through that passion I've been able to on the side make money flipping collectable bars as well as buying scrap gold and loose diamonds 2ct and above