On Jan 7, 2008, at 4:57 PM, Doug Henwood wrote:
>
>
> Don't most people buy warehouse certificates rather than physical
> gold? Unless they're clinically paranoid?
>
>> If you do that with a coin, you've lost any premium it might have had
>> for being collectable. But you also might have made it an expensive
>> proposition to get someone to buy it, because now it doesn't have any
>> markings from a producer that's known well enough. ".9999 HENWOOD'S
>> KITCHEN" doesn't sell so hot these days.
>
>
But if you did purchase gold wouldn't you want an expert to actually see it to make sure it is what they say they are selling? 24 carat or something to that effect? How would you know the certificate would mean anything? That just is common sense.
Marta