thebrewer,
You are correct that privately minted bullion coins have a lower premium. That is good. They don't have the name brand recognition as an ASE or Maple Leaf coin. That means you won't get the selling premium either. That could be a problem if someone thinks you are trying to peddle a bogus coin (if there isn't any way to check the authenticity.) You'll get a deal now, but it may cost you later.
Have you considered pre 1965 US coins? Little or no premium to buy, excellent recognition factor, very low risk of counterfeiting, small enough denominations to be worthy of bartering. You can still get a gallon of gas for a couple of silver dimes - just like in 1964.
Grover
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