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Old 03-16-2013, 08:28 AM  
AllAboutCams
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Why do people buy silver coins and not bars

This makes no sense to me

so a 1oz coin is 39.70 from the local mint
real cost 1oz $28.76 loss of $10.94 per coin

Why not just buy a bar at 10oz for $314.18
real cost 10oz $287.60 loss of $26.58 per 10oz bar

or even buy a bigger bar where the loss is less if coin collectors are buying them in 10's, 100's or even 1000's they are loosing money before they start.

Also that's the cheapest coin, an eagle 1oz mint is around $75 that's a loss of $46.20 on each coin.
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