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Got Me Some Gold!

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Ed_B's Avatar
United States
4008 Posts
 Posted 05/18/2012  7:23 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
Exceptionally well done, Barry! Your pics are awesome as well. I have seen a lot of pics of Krugs and it is interesting that some look like gold and some look like copper. Not sure if this is in the photographing process or if some of the Krugs actually look more like copper than gold. Anyway, yours look outstanding.

Just out of curiosity, though, how did you get your wife to go along with this?
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barryg's Avatar
United States
5862 Posts
 Posted 05/18/2012  7:28 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Krugs are something like 10% copper (they actually weigh 1.2 ounces so there is one ounce of pure gold).

As for how I convinced my wife, the usual way. You know -- begging, pleading, whining, puppy dog eyes, etc.
Pillar of the Community
United States
3184 Posts
 Posted 05/18/2012  7:34 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
Very nice!!
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IBGolden's Avatar
Canada
598 Posts
 Posted 05/18/2012  8:19 pm  Show Profile   Bookmark this reply Add IBGolden to your friends list Get a Link to this Reply
Krugerrands and American Gold Eagles are 22 kt. Krugerrands are alloyed with copper only... Eagles with silver and copper.
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coincollect1's Avatar
Canada
1731 Posts
 Posted 05/18/2012  9:14 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
Very nice
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 05/18/2012  9:18 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Nice, but I prefer the artistry of a $20 St Gaudens Double Eagle.
I guess the artistry is the reason for the high premium above melt; they are common enough.
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barryg's Avatar
United States
5862 Posts
 Posted 05/18/2012  9:28 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Yeah, that's why I bought one St. Gaudens for my 7070 album. This was strictly a bullion purchase, though.
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throwbackid's Avatar
1283 Posts
 Posted 05/19/2012  12:13 am  Show Profile   Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
Why do you mention your wife in every post? We get it you have to answer to her (JK)
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barryg's Avatar
United States
5862 Posts
 Posted 05/19/2012  06:28 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Actually, if you pay close attention, I mention my wife in every other post...
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Ed_B's Avatar
United States
4008 Posts
 Posted 05/19/2012  5:13 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
As for how I convinced my wife, the usual way. You know -- begging, pleading, whining, puppy dog eyes, etc.

LOL! Well done! I hereby award you with the Husband Medal of Achievement with oak leaves, stars, and crossed swords.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 05/24/2012  12:34 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
I'm wondering whether the low premium has something to do with Apartheid in South Africa and perhaps these simply aren't a desirable as other bullion coins these days, but I figured gold is gold...

Very simple. Before trying to conquer the world gold bullion coin market, the US made it illegal to import Krands, which caused an immediate drop in prices.

The excuse was apartheid, which made no sense at all. You could import all the 400 ounce bars you wanted, so it wasn't going to affect apartheid in any way.

Then, the US made the AGE, to the exact specs of the Krands, but unlike ANY US gold specs ever.
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