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1/10 Oz Gold What Is The Best Investment

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United States
23522 Posts
 Posted 03/11/2007  9:05 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
"For investment purposes," a coin with a bullion value of about $60 isn't going to make or break you one way or the other. They will all essentially be worth the same, plus or minus the price of a six-pack, for the next 100 years. Buy the one you like to look at. Buy the one that's cheapest today.
Valued Member
United States
414 Posts
 Posted 03/11/2007  9:14 pm  Show Profile   Bookmark this reply Add monster to your friends list
I will get the 2006 BU W mark Eagle. At least, it is little more than a bullion. If 2006 BU W already goes higher, I will wait for 2007 BU W or Buffalo 1/10 oz come out. If there is 1/10 oz Buffalo, it will be the first year issue.
Bedrock of the Community
United States
14454 Posts
 Posted 03/11/2007  9:22 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I would find out if one had more gold content than the other and see the price difference between them, if they all have the same content then as was said I would go for what ever I liked the look of best
Pillar of the Community
United States
1541 Posts
 Posted 03/11/2007  9:37 pm  Show Profile   Bookmark this reply Add shatsi to your friends list
Gold Buffalo if its available this year.
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Australia
3831 Posts
 Posted 03/11/2007  10:20 pm  Show Profile   Bookmark this reply Add gxseries to your friends list
Why bother with 1/10oz gold BULLION coins. They will always be worth bullion if you get them at bullion prices unless the mint, government or someone annnounces that they have melted a significant amount of them a few years later and that is when it makes the coin valuable if the mintage number is low.

Remember - supply versus demand. Supply will always be fixed or reduced but what is important is the demand. Some world coins even after 10-20 years still remain about the same price!
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
Pillar of the Community
United States
2269 Posts
 Posted 03/11/2007  10:25 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list
I voted for the Krugerrands. You can get them for less money than the Eagles Or Maple Leafs.
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United States
560 Posts
 Posted 03/12/2007  08:31 am  Show Profile   Bookmark this reply Add ichirensha to your friends list
I voted for the gold panda because the designs change yearly and they seem to appreciate in value because of the high demand for each design. But, buy from a reputable buyer if you go this route.
Pillar of the Community
United States
1541 Posts
 Posted 03/12/2007  09:25 am  Show Profile   Bookmark this reply Add shatsi to your friends list
While Krugerrands are less prices than eagles, when you sell price realised is less than eagles too.
Valued Member
United States
342 Posts
 Posted 03/12/2007  5:43 pm  Show Profile   Bookmark this reply Add Dockwalliper to your friends list
2007 1/10th oz. Buffalo.
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United States
560 Posts
 Posted 03/12/2007  6:49 pm  Show Profile   Bookmark this reply Add ichirensha to your friends list
I should have also mentioned that I might be biased towards the Panda because I already have an Eagle, Maple leaf, and Austrian Phiharmonic and don't own a Panda yet.
Pillar of the Community
United States
867 Posts
 Posted 03/12/2007  7:45 pm  Show Profile   Bookmark this reply Add Kyra to your friends list
You forgot the Isle of Man cats! They're not as easy to find, so that's probably why you didn't list them... My coin shop doesn't have them very often, I snag them when they do. I don't know how good of an investment they are, but they look nice. I have several of them, they're pretty much all the gold coinage I own! As far as the ones you listed, I'd say US Eagle or the Maple Leaf. I already have the silver Maples, and I wouldn't mind adding a few of their gold cousins.

Rachel
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Australia
655 Posts
 Posted 03/12/2007  8:58 pm  Show Profile   Bookmark this reply Add Learjet to your friends list
Non key date circulated half sovereigns can be bought for near bullion and have a bit more "soul" to them than a bullion coin.
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United States
560 Posts
 Posted 03/12/2007  9:35 pm  Show Profile   Bookmark this reply Add ichirensha to your friends list
Thanks Learjet...I'll check those out!
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Australia
1360 Posts
 Posted 03/13/2007  08:09 am  Show Profile   Bookmark this reply Add Snooba to your friends list
Circulated Australian (non-key dates) sovereigns in lower grades sell for bullion price, but they are so much more interesting and attractive to look at.
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Australia
3831 Posts
 Posted 03/13/2007  08:26 am  Show Profile   Bookmark this reply Add gxseries to your friends list
On the other hand, perhaps it might be better not to limit yourself on just gold. Last year, a seller sold this coin to me:

1/10-Oz-Gold-What-Is-The-Best-Investment

Doesn't look that special does it? Well that just went for around 25USD ish and I knew it's worth way too little for a Japanese coin especially in color.

And when I checked the prices online on Yahoo Japan Auctions, well what do you know? Over 550USD easily!

Another deal is a 1973 Soviet Mint set that I bought. The seller didn't care how much it would sell and listed it at 15USD including shipping. Big mistake. When I saw it, I knew it was a mad bargain and hit the BIN. Turns out that the average price is at least 100USD.

Moral of the story: Do your research before buying!

Also a good alternative is to look at this site: http://www.pandaamerica.com Under the search function, hit "1/10" and you will be able to see a wide variety of coins minted in 1/10oz of precious metal.
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
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