Apmex is offering the 1 ounce Britannia for $32 above spot prices. But for today and tomorrow only eBay Bucks has a 3x rewards offer if you sign up, so you get $76 cash back. Together, this coin will be below spot price.
How do you know for sure what you’re buying is legit? The latest great invention coming out of china is “fake” gold (a mixture of gold and other alloy) that’s practically undetectable without melting it down first.
[quote=ltsdd]How do you know for sure what you’re buying is legit? The latest great invention coming out of china is “fake” gold (a mixture of gold and other alloy) that’s practically undetectable without melting it down first.[/quote]
So I am only buying from a reputable dealer (apmex) and I am only buying newly minted 2016 coins/bullion that dealers get directly from the mint authorities.
It is unlikely a large reputable dealer will intentionally try to sell a fake. It would crush their reputation. So the possibility of a fake would be if you bought a coin that was not new that somehow slipped through the dealers inspection when it was bought or sold.
So I will avoid second hand coins (or those designated as “random year” coins/bullion.)
And I’ll make a trip to a local dealer to do a check every so often
As a fallback, there is eBay protection and PayPal protection, and my AMEX protection.
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