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Fractional Gold Coins: Types, Size, And Locations

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New Member

Canada
8 Posts
 Posted 09/25/2023  11:01 pm Show Profile   Bookmark this topic Add Rexxus to your friends list Get a Link to this Message Number of Subscribers
I was reading a post by a collector in the states who buys fractional gold coins to compliment his coin collection. He collects Circ coins and bullion and leans towards fractionals instead of 1oz gold coins/bars.

The best thing was he didn't recommend collecting the 1/10 or 1/20 from the mint or secondary market due to the premiums. Instead he preferred to collects ducats, pesos, and francs from 1850-1950. His rationale was they're as liquid as the mint made bullion, limited mintages, and just plain cooler lol. I looked online and found a bunch and thought hmmm that IS pretty cool.

The reason I'm interested in fractional gold coins is because I used the $ I get from taking my soda cans in to buy them. If I aimed to amass $1000Cad to buy a 1/4 or more it'd take me 100 years lol.

So for the Canadian folks here, does anyone buy franctional bullion from RCM or elsewhere? Does anyone buy the old fractionals like an 1850 napoleon franc? What are your through on a franctional gold coin collection with older coins? Neat idea if it's about the same price is an RCM fractional?

Lastly, and most important!!! If you do buy fractionals in Canada, where from? Are there online sources in Canada or dealers that ship in Canada with reasonable shipping? Or local dealers you use?
Pillar of the Community
Canada
6767 Posts
 Posted 09/26/2023  07:57 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Unless you have specific interest in them, there is no much sense buying "fractional" gold from RCM.

1/10, 1/4oz SML - they are just bullion coins, they good if you do not have budget to buy 1oz SML, but compares to full 1oz you are loosing money.

If you call circulation coins like Sovereign, or Canadian $5 and $10 gold - fractional - you can buy these, but again, not for investment. They great for collection.

Check the dealers as Colonial Acres Coins and Canadian Coins & Currency. Both are excellent.
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12250 Posts
 Posted 09/26/2023  10:05 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@Rexxus: What is your collecting objective re: the gold?

I agree that buying modern 1/10th and/or 1/20th ounce gold fractional bullion coins is a poor investment if you are trying to "stack" gold. If you like the design of a particular coin and want to add one to your collection as a collectible, fine.

If you are looking for a way to add a bit of gold to your collection and desire coins with history, then collecting the world gold coins you described is a good way to go. Just realize, if today's market value of a coin (even an old one) is based on its intrinsic/bullion value vs. numismatic premium, the same is likely to be true in the future. That is why many of these types of coins are considered "bullion" by many in the hobby.

Enjoy!



Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Pillar of the Community
United States
2213 Posts
 Posted 09/26/2023  11:35 am  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
I have some older fractional gold from Europe which tend to have lower premiums. As others said, fractional gold has higher premiums than 1 oz. Short term if you want/need to sell you'll likely loose money unless you got a great deal buying. Long term, years from now, gold will likely increase in value and you could make a profit. For example, in 2016 I bought a .10 oz gold eagle for $155, today melt it's worth about $190. In 2018 I bought a .25 oz gold eagle for $362, today melt it's worth about $476. I like to have some fractional gold for the fun of it and if I want/need to sell I can sell less than an ounce.

But it's wise to have emergency cash saved so you don't have to sell your gold/silver when unexpected expenses come, and they will, car repairs, refrigerator breaks, medical bills, etc.

I don't live in Canada but I like the silver and gold Maple Leafs. You can search online for Canada bullion dealers, there may be a local coin store not far from you. As with any product, compare prices of the dealers and watch for sales.
Edited by livingwater
09/26/2023 12:00 pm
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