Whether one likes Jon Nadler or not, you do have to question what his real role is at Kitco. Below is an excerpt from an article where he talks down coins. I am also posting the link to the article although for you goldies it really doesn't tell you anything new so you may not want to bother reading it. It just makes no sense to me why Kitco has someone who is so negative on gold???

"Coins are unable to give you the most bang for your buck," said Jon Nadler, an analyst with Kitco Metals Inc., a dealer of coins and other bullion products. "Secondly, you are going to have questions about liquidity ... it's not going to be as easy as you think to sell them."

Coin owners are also exposed to total loss in case something happens with their storage arrangements, Nadler said. Even bank safes are not covered in case of catastrophes and physical damage to the buildings that house them, to say nothing about the danger of home burglaries.

The financial breakdown scenarios invoked by some die-hard gold coin and bar buyers also don't work for Nadler. With the collapse these scenarios envision, "you probably need lead, not gold. And who's going to make you change?"

http://www.marketwatch.com/story/bullion-buyers-bank-on-gold-coins-2010-07-23?dist=afterbell