Hi,
When you are buying precious metals in the form of gold or silver coins, you are not only deciding what you want to buy but also in what form you want to buy it. While monster boxes, tubes, and singles are all three different things with different uses, the smartest thing you can do is the one that suits you the most.
So, let’s first understand the difference between the three, and then we shall proceed with the benefits of buying singles, tubes, and monster boxes.
Buying Singles: A Great Option
When you are buying precious metals in the form of gold or silver coins, the first thing you might want to start with is buying singles. This is the best thing you could do if you are new in the field and want to start with something small.
When you are buying singles, you are getting the maximum flexibility with your investment. Although the premiums are higher with singles, you are getting the maximum flexibility with your investment.
Tubes: A Great Option
Tubes are another great option that you could go with when you are buying precious metals in the form of gold or silver coins. Tubes are a group of 20-25 precious metals, which are kept in a tube. When you are buying tubes, you are getting the maximum bang for your buck. Although you are not getting the maximum flexibility with your investment, you are getting the maximum value with your investment.
Monster Boxes: Maximum Efficiency for Serious Buyers
Monster boxes are created with investors in mind who wish to purchase a large quantity of coins with the best possible price per ounce. The silver coins included in a monster box contain 500 coins, which are sealed directly from the mint.
Because of the massive quantity, monster boxes offer the lowest premiums over each coin. They are best suited for long-term investors, bulk buyers, or those wishing to invest in a large amount of silver coins when market conditions are good.
The disadvantage of investing in a monster box is that it will require a greater upfront cost, as well as less flexibility if you wish to sell a small amount of coins later on, although many investors do split them up into tubes later on anyway.
Choosing the Smart Option for Your Strategy
There is no single “smart” option that will work best for every type of investor. Singles provide flexibility, tubes provide balance, and monster boxes provide efficiency. The smart option will be based upon what you consider to be the most important factor: flexibility, balance, or efficiency.
Some investors even use all three options, purchasing singles to provide flexibility, tubes to provide balance, and monster boxes to provide efficiency when market conditions warrant it.
Why Buy From AU Bullion
Regardless of whether you choose to purchase singles, tubes, or monster boxes, it is always important to consider a trusted dealer. AU Bullion offers competitive prices, low premiums, and investment-grade coins that are recognized by other mints around the world. Whether you are a new investor or an experienced one, having options, as well as a trusted dealer, will make a huge difference in your portfolio.
