“>coin dealer Walkertown. The online sales almost always charge higher prices for those purchases than check or wire transfer.

Not really. The founders of DGCs tend to believe in gold as both a store of value and a medium of exchange. I agree with them wholeheartedly that gold is peerless as a store of value, but I think the evidence is that gold is at best a temporary medium of exchange. It gets beaten back by Gresham’s law :- “Bad money drives good money out of circulation”.

If any or all of BullionVault, Lloyds TSB Bank, and Via Mat fail your gold is perfectly safe. The reality is there would be a delay in getting your hands on it, but it is your property, and no liquidator can do anything other than return it to you. BullionVault is run more cautiously than any other business I have ever known. Shareholders funds are all held as gold and cash (no liquidity problems here) and currently amount to about 6 times annual running costs.

You can bet that a low-priced coin is marked less because of the grading company used or none at all. When looking online at eBay for example, the MS or mint state grading might be listed as MS64 by the dealer, when the coin is closer to a MS62 when actually graded by the PCGS in the future. I would only buy something pre-graded or, if it’s a cheap coin say under $10, take a small chance and then send to the PCGS to have it graded for yourself.

What does all this have to do with precious metals investing, and silver investing in particular? Nothing–at least not directly. First, the CPI is not a measure of inflation. It is a measure of price change of particular consumer items. Second, prices fluctuate all the time. If you read the next sentence beyond the headline that grain prices are up, you learn that production (supply) is expected to be down. The economic law of supply/demand has not ceased to work. And oil, like all commodities, is priced in U.S. dollars. Have you heard? The dollar is falling. Therefore anything priced in U.S. dollars rises.

Coin collecting is a hobby which usually has the expectation of future appreciation of your investment. Doesn’t it make sense to start off on the right foot with a purchase by dealing with reputable sellers?