Buying Coins With $500 (The Sweet Spot)

If you have $500 to deploy, you are in the driver's seat. You easily clear the Free Shipping threshold (usually $199). You start to act like a real investor.

The Strategy: "The Tube"

At $500, your goal should be to fill a Tube. Most sovereign coins come in plastic tubes of 20 or 25 ounces. While $500 might not fill a whole tube (depending on spot price), it gets you close.

Option A: 1 Full Tube of Generic Rounds

• The Play: Buying 20x 1oz Generic Buffalo Rounds.
• Cost: Approx $500 - $550 (at $25 spot).
• Why: Maximize weight. Easy storage.

Option B: The "Constitutional Bag"

• The Play: $20 Face Value of Junk Silver (approx 14 oz of pure silver).
• The Components:
  • 1 Roll of Quarters ($10 FV).
  • 1 Roll of Dimes ($5 FV).
  • 1 Roll of Halves ($5 FV).
• Why: Perfect diversification for Emergency Situations.

The "Gold" Question

"Should I buy Gold with $500?" Usually No. $500 only buys you 1/4 oz (or less). Fractional gold has very high premiums (10-20%). Silver at this price point has lower premiums (4-8% for generics). Stick to Silver until you have $2,000+ to spend.