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PB1

1 OZ SOUTH KOREA CHIWOO CHEONWANG, is it a good buy if I can get it under 20usd?

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Can probably get a handful of the 2018/2019 pieces for under 20usd.

Just wondering what peoples thoughts are on whether its a good buy at that price point.

Price seems reasonable and feel like I can probably flip a few units to reduce my overall cost as well

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1 hour ago, shylok86 said:

care to share the source?

LPM.HK

I ended up buying a few of the 2018 and 2019. Price looked surprisingly good given low mintage and based on where ive seen these coins selling in Singapore. I presume they ship globally. 

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The crazy thing is, I am able to sell eagles, maples etc for a higher price than what I paid for these korean coins. So to buy these on an outright basis or to sell some eagles/maples against it (since i have too many) as a switch seems to be a no brainer. 

I would rather scalp doing this than try to trade a rigged market like oil where insiders and their elk are already positioned before the tweets/headlines are released.

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Posted (edited)

These are a bargain given where all of the premiums are at the moment.

I had a further look and LPM actually has some fair premiums currently for in-stock products. I found this the easiest way to go through the inventory for 1oz silvers -> https://www.lpm.hk/silver/view-all-silver-products.html?dir=asc&lpm_filterable_weight=102&order=price. For larger purchases, the shipping cost is not too bad at all surprisngly.

 

Edited by johnnyhann

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