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PaperclipPerfector  2mo ago (text post)   2940 thread views

Small-Scale Question Sunday for August 25, 2024

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I definitely did have that thought while researching this topic, hehe. I see that one can buy 1-gram gold bars that are worth roughly $100. I suppose silver coins would be much more straightforward to use in such a situation; a 1-gram bar of silver is worth like 3 dollars right now.

Generally for wealth holding in bullion you want bigger pieces than one gram, because markup rises with declining size of the piece of metal. For 1-Oz silver coins it’s pretty reasonable, but for 1/10 Oz it’s a serious money sink into premiums.

This is a good point that I had not thought of.

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