What Would Be The Cheapest Gold Coin To Acquire? - Page 2

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Author	Replies: 23 / Views: 12,886	Page: of 2

Andrew289 Valued Member United States 470 Posts	Posted 06/20/2012 09:52 am The fact is that for $120 you just aren't going to be able to buy gold no matter how hard you look. I know it's tough to have champagne wishes on a beer budget but those are the breaks. Wait until you can pay more before you venture to dance with the big boys. Stick with silver, the poor man's precious metal. Report this Post to the Staff
JobIII Valued Member United States 366 Posts	Posted 06/25/2012 09:09 am Is it worth the premium to buy gold in such small quantities? I've never bought less than a 1 oz coin. I always see the 0.5 and 1 gram coins in shops and think I'm looking at ebay listings. Report this Post to the Staff
tzarmarko Pillar of the Community 614 Posts	Posted 06/25/2012 09:14 am I bought a 1/10 ounce 10 corona coin from Hungary (1905) for $155 Report this Post to the Staff
JobIII Valued Member United States 366 Posts	Posted 06/25/2012 10:18 am Wow that's pretty good. I haven't been able to find gold selling below face in such small quantities. Report this Post to the Staff
mkman123 Pillar of the Community United States 3184 Posts	Posted 06/25/2012 1:25 pm honestly save up and get a quarter oz gold coin like a maple leaf, gold eagle, philharmonic, krug, etc When you buy these tiny coins, they are TINY. Save up and get something with heft and that isn't so tiny that it can dissappear on you Report this Post to the Staff
jerseyben Pillar of the Community United States 1211 Posts	Posted 06/26/2012 08:02 am Quote: Why has noone mentioned the KrugerRand yet? It is a very popular gold coin... although a bit pricey. Read the title of the thread and get back to us on that... Report this Post to the Staff
lostsean Valued Member Australia 145 Posts	Posted 06/26/2012 1:41 pm Triggersmob: Is it a nice coin I looked at them on e-bay 75+ or they have 1/100 for about 15$ i did'nt want to pay high for gold, but its gold you have to pay the prices, so I got myself a 1980 $200 koala 22ct 10gram $490, seem alot but is a nice coin and face value as well as collecters and gold content Report this Post to the Staff
DavidUK Pillar of the Community United Kingdom 2624 Posts	Posted 06/27/2012 9:11 pm The answer to that is probably "the smallest gold coin you can find" As has been said really gold coins are expensive (especially with the gold price as it is currently) but there are still a few coins possible. I picked up some gold coin from a Pawnbrokers for a very slight premium above the gold melting price (these were taken from jewellery ready to be melted...and the coins would have been melted too) They were probably EF condition, sovereigns and half sovereigns with some age to them... (these weigh 8grams and 4 grams) at the time the gold price was really low but now you would obviously get a lot less for your money. So it is possible you can get some gold coins for around $120 but they wont be rare or in mint condition... I agree you should stick to non-gold. I have a Statue of Liberty gold coin from the states (gold rate has pushed that up lots for me) I think it is very attractive coin but realistically had I spent that same money on silver I would have many more pieces and it would be more interesting a collection. SO I agree with these guys...gold isn't such a good idea... Report this Post to the Staff
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