Cut Open Assays? My Two Cents
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- เผยแพร่เมื่อ 22 ส.ค. 2024
- Whatever your feelings on assayed coins or bars, I give one good reason to leave your coins and/or bars in assay. Do you care one way or another? Thanks for watching my new segment!
My LCS: Avenue Coin Inc
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Topics Discussed: my two cents, two cents, Campbells Coins, assay gold, assay silver, should I keep assay, assay platinum, gold investing, silver investing, buying gold, buying silver, silver assay, gold investing for beginners, gold and silver investing, original mint packaging, cut open assay?, gold, silver, platinum, gold bar, gold bars, silver bar, silver bars, platinum bars, gold bullion, gold stacking, silver stacking, stacking silver, silver stacker, stacking gold, gold stacker, ask my LCS
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I think its borderline criminal for metal to be worth less just because there isn't plastic and cardboard surrounding it. :/
I just sold two 20 gram bars to JM Bullion. One of the 20gram bars (valcambi) which not wrapped and and in a slip. The other was a Perth wrapped in Assay. Guess what? I got the same amount for each one. It didn't matter.
it did not matter because you sold it on 'JM Bullion (varied condition)'. I think the price with Assay is always more.
I just started stacking and so far I've kept everything sealed but I think when I get a good collection going I will open a few just to feel it in my hands
Good job so far. I would try to find stuff that someone else already cut out and buying that instead of cutting out one. But it's yours so do what you what! Haha, thanks for watching!
Did you open them?
I keep everything sealed but from time to time the pirate inside of me wants to let loose and break all the seals/assays and throw everything in a chest . Maybe someday i will it’s very tempting I know I’m not the only one who feels this way .
LOL I know that feeling well, which is why I felt it so important to share the info. I know people who buy assayed bars and immediately free them and put them in their treasure chest. If you just want to fondle stuff, buy loose stuff. Cheaper and one can settle that "urge". Thanks for stopping by!
I have an actual chest! I got the whole 1755 vibe going! 🏴☠️ 🏴☠️🏴☠️
@@squigglove that’s awesome
Keep it wrapped. That sounds like some advice my Dad gave me when I was a teenager.🤣. I agree with you. If it’s assayed, why cut it out? I know people do it, but it makes no sense to me.✌️
;) haha yep. I don't understand it either but someone described it as a "pirate urge" and suddenly I understand.
Lololol 😂 good one.
@@JW52654 I couldn’t help myself on that one🤣✌️
@@cyclopsstaxx2849
I understand, believe me, lolol.
Excellent explanation bud. I don’t cut anything out of the assay. Keep it wrapped! 😂🤣 Excellent advice.
🤣🤣🤣 it makes me smile knowing people catch my little entendres. Thanks man 👊
Keep it wrapped 😂 LOL! Good one! I like keeping things in their original assay too.
This channel is great hahaha
Always LOL! Good on you!
Thanks man!
To start, I like the idea of these quick and dirty videos - they keep things short, sweet and focused so in exchange for a penny for my thoughts, I'll vote to keep giving us your two cents.
To address the topic - three letters - NBO - never been opened.
NBO adds value to anything that's collectable.
It also protects the item - I scored some silver Eagles from a shop and several were in the Littleton Coin plastic sleeves but one sleeve was sufficiently damaged that I tossed it so I could have an Eagle to handle and show to folks.
That Eagle has become tarnished, has dirt in grooves and has picked up a ding or two - the ones still in the crappy plastic sleeves are all clean, shiny and perfect shape.
While the melt value of them is all the same, were I to put the handled one and one of the sleeved ones on eBay for auction, I have no question I could get a few bucks more for the sleeved one as the opened one looks terrible.
The wife has scored me the Kook, Kruger and other silvers and they still look in mint condition in their protective cases and will therefore easily hold their premiums should I ever have to sell them.
So yes, while there is a certain joy to the feel of one or more ounces of silver or gold in your hand, limit that joy to as few things as possible and do your best to keep the rest of your stack in good, clean, as close to mint as you can condition since I know I would only pay spot for my opened Eagle, but would be willing to pay some premium - $2 at the time I got them - for the NBO ones.
Tough choices. With Rwanda silver, they are in a sort of sealed plastic, but I cut out and transferred to airtites because it displays better.
Yeah I’m kind of torn on the coins in plastic because in these cases, it does nothing but protect the coin. Does nothing for authentication.
All I could see was your 2009 Ultra High relief double Eagle out of it capsule. 😱
Exactly! Some jerk took it out of it's capsule and sold it, now it has no case, no book or capsule,, dramatically losing value. I would dive into things more on camera but got to stay under two mins!
Keep it wrapped 😂👍 I’d keep it in assay, because that’s an authentication layer. I should note assayed bars are commonly faked, so be aware of that.
🔥🦈🌊
Yes very true! Damn you China! Trust but always verify. 🙏 Thanks Oceans! 😎
Couldn’t agree more. Keep it clean and keep it in safe.
Exactly! Thank you!
Grandma always said don't be silly rap your Willie. She was a nurse.
She is a wise woman.
Don’t like gold or silver in assay, want to hold it with my hand feels good!👽👽👽
Its probably a matter of resell in the assay or melt it down.
I just got my assay’d PAMP a day ago and while looking at it I dropped it on the floor and freaked out. One corner of the assay is chipped now. But the gold didn’t look damaged. I wrapped it up put it in a safe place so I could stop thinking about it.
I'm sure it's fine.
The value isn't dependent on the packaging when you sell unless you are dealing with an unsavory pawn shop. All bullion is sold as new or secondary market depending solely on the source the bullion dealer acquired it. From a mint or metal producer direct?... new. Any other source they MUST sell it as secondary market. In that case you may or may not take delivery of your PM bullion in a sealed package. I get some new bullion in ziplock bags. I can't remove it? Lmao! Keep yours in the package and tell me all about the premium you got when you sold them that without the packaging they wouldn't have paid you. Keep your assay credentials in a safe place to provide the buyer when and if you sell but by all means... handle your gold and/or silver with bare hands and enjoy your hard earned purchase as intended. Numismatic? Different story altogether but the video maker wasn't even aware of the distinction to mention it to the viewers. My two cents.
You can test my statements with multiple LCS. Everything that isn’t a current year is secondary market. Don’t believe me, check out older bullion on any online dealer website. A lot of this product is purchased from LCSs around the county. It’s only listed as secondary market if there are handling marks, if it’s missing an assay or some other issue.
Well said.
All my silver rounds are in tubes. Most of my one ounce bars are still in the plastic they were shipped to me in.
The Royal Mint states on there website taking the Gold out of the assay does not alter or diminish the price...They say that the assay is looked upon as a vehicle...Id never take my Una and the Lion Gold Bar out...then I feel guilty 😞 😄 🤣
Thanks for your 2 cents 😊, I always wondered about that since I've only been stacking about a year now.
You and me both! Thanks so much!
I have always considered the pros and cons of this. thanks for the vid.
Glad it was helpful! Thanks for watching!
I like the baby making music to start the video :D
:) thanks!
Love-Your Two Cents!
Thanks Alex!
No idea why someone would take it out.
Some people mentioned a pirate urge to fondle things. I understand. But just buy loose ones.
@@CampbellsCoins right
I hate the asseycards. They look awefull with all the different colours. I just want the colour of gold. I think bars are cooler than coins but hate the asseycards. You cant really stack them nice either. I did cut out a 50g PAMP bar and put it in a capsule for the perth mint dragon silvar bars. It fit perfect and I can buy them without the silverbar in it. I have a big doubt if I should only stack the 50g PAMP and put them in the capsule. It look so awesome but the thought of the product loosing value is a it annoying. Thinking about only coins from now on. Can anyone help? :)
I recently bought a 50 gram PAMP bar from JM Bullion and the edges of the packaging are sort of frayed, or more accurately like the edges were not properly sealed on the edges. I also bought a 1 ouncs, aksj mm bar
I hate assays. I have to buy gold in coin form though I prefer bars because coins are not assayed.
i can't, i need to touch
LOL, I know the feeling. But what about buying ones that are already free and fondling those while keeping the others in package?
@@CampbellsCoins great idea! Or...I can buy 2 and open 1 !!
@@vancouvervito Haha do whatever you want! It's your cash.
Thanks for sharing 😎🏖🏝
No problem Nancy! Thanks for stopping by!
Got a little break on an unwrapped gold gram. I know I didn't receive a big discount. Now I will buy wrapped unless it's a great value.
Buying loose coins are bars is a great way to buy cheaper metals. As long as it doesn't matter to you, do what you enjoy. Assayed metals will almost always cost more.
@@CampbellsCoins You have been very helpful and I truly appreciate you're sharing of knowledge. Thank you!!
@@margaretadamson6239 😊 my pleasure.
Thank you.
Thanks for your time Dan!
Love the new format bro!
Glad to hear it! Thanks!
✂️✂️✂️. I dont like the cards. Just me though. I think they are way easier to stack without the cards. 🌮✌🏽🌮
Much easier to stack with out all the packaging. Are you referring to bars or coins?
@@CampbellsCoins lol bars my bad.
I never remove anything from its original seal. I have a 1 ounce vintage gold JM bar and a 99999 maple and taking those out would ruin its value and authenticity. Even all the 1/10 maples I have are all mint sealed and when it comes time to sell the premium will be there and the ease of validating it’s authenticity is there too.
Packaging can be counterfeited too.
Explain how removing your JM bar would impact it's "value and authenticity". And unless your Maple is graded then the same point applies to that also.
Bravo!
Very true. All the more reason to buy from a reputable source.
You're going to question a metal outside it's assay more than you would one in a perceived assay and paperwork. One should question both but I think for most people, they would question the loose bar over the one with credentials.
My LCS cuts off all the cardboard assay and only leaves the plastic part that covers the gold bar. Some I recognize as PAMP because there's a tiny bit of blue around the plastic. He's cutting off serial numbers. Why would a seller do this?
My only guess is, he's cutting out the gold from damaged assays. Otherwise, if he is cutting new ones up, he's just killing his bottom line.
NOOOooooooo...
No assays were hurt in the making of this video haha.
I like buyin graded coins, that way i know it is what i says it is!!! I then have to crack them out and use those plastic flippy things and put the coin and grade tag in them cause i dont have a slab box to keep them in!!!
I was just thinking the same thing the other day I received a Royal Mint gold Half Sovereign in a Assayers and I did not necessarily want to remove the coin do to the coins context literature and specifications but I wanted to make sure what I received was genuine so I left it in the government Assayers and took it to the LCS were they we're still able to verify the purity but just as well as you are also demestrating the Lady Fortuna pamp suisse bars I also have quite a few them as well and have been wanting to remove one or two because in the Assayers cards yes you can feel the weight but there's a difference when you hold another bar in hand compared to holding the Assayers the feeling is not the same
Very true. There is this desire for us to feel it in our hands. Touch the metal without the barrier. This is why I buy some loose stuff, and take out that urge on those pieces instead of my other assayed materials. Thanks for the great comment and for watching!
Great information!
Thanks Trident!
I see no sense in cutting out a bar unless you already had a plan to use it as a pendant. But regardless if that’s my idea I try to purchase one that is already open. That way it is lower price to me and I won’t feel bad handling it or using as a pendant lol
Yep, exactly!
Heck guys! What’s all the fuss about. Keep the damn things wrapped. But wait! There’s more…..buy a second ounce Sovereign coin that you can touch and feel - that is not wrapped. Problem solved!!!. Thats is, until you have to explain to your wife why you bought 2 ounces as opposed to just one! 😳😂
Great channel by the way. 👍
Exactly! Thanks for stopping by!
Keep it wrapped 😉
Always!
How about 5 cents?
🇬🇧
I know alot of people especially the Ladies who like it in the assay 😀👍 sorry I couldn't help myself 😂
Hahaha. You're quite the ladies man Jimmy
Like this, good idea.. Reminds me of great toy collectors who leave that toy IN THE BOX..never opening or playing with the toy. Just looking.
I like to touch..at first.."examining" the catch of the day. Then maybe a few days latter, gently tucking it away…for that future need, still undamaged.
Exactly!