Best place to sell bullion?

Discussion of the Gold portion of the Permanent Portfolio

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fnord123
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Best place to sell bullion?

Post by fnord123 »

With gold hitting record highs, I am really close to my rebalancing band, and will need to sell down to 25% if gold goes up only ~1.5-2% more (assuming an equal drop in one or more other assets).  I plan on selling some GAEs.  I checked several places and Apmex seemed to offer the best price.

Does anybody know of a better place than Apmex for selling GAEs? What do other people plan to use (or is everyone who is likely to rebalance soon going to sell ETF gold instead)?
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MediumTex
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Re: Best place to sell bullion?

Post by MediumTex »

I would call local shops.  Ask what they are selling your coins for.  If they complain about supply being tight, you might be able to get a better price from them for the coins you are selling.
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