Interesting trade

Posted on September 19th, 2009 by Jerry under Business, Education and Personal Growth, Friends/Family, Life, Money and Finances, Shopping.

Several years ago a friend of mine went to work at a local store that specialized in stamps and coins.   As you can deduct, they bought and sold collectible stamps and coins.  As part of his job he travelled to trade shows, where he would sell and purchase gold coins as well as sell and purchase gold bullion. 

 

During that period of time, his store asked me to come help out a few times to assist at the store.  There was a lot of people going there to sell their gold and silver, and they needed help at the counter.  It was very interesting to learn how they would determine how much to pay to  purchase gold coin or purchase bullion that the customer brought in.  And to be honest, it got me interested in how to purchase gold as an investment and not simply as a pretty piece of jewelry!  And what was really awesome was the fact that I got the chance to buy some really nice gold jewelry to take home to my honey!

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