Pre-1933 Gold Vs. Bullion

quick question:

I want to sell my Krug, what do you think is a fair price?

i see ebay is around $1850ish

n my opinion, I would think saints would be more liquid based on their populairty and numismatic importance, eye appeal, etc..? I'm probably wrong on this one....

A Krug does have a bit more gold in it than a Saint but Krugs are not .999. They are 22k or 91.67% pure gold. Not sure of the purity of the Saints but they contain 0.96xx oz. instead of 1.0 oz.

Considering that the gold / silver ratio is in the area of 50 to 1, I would trade the Krug for ASEs and / or Maples. If that ratio falls to 25 to 1 in the next couple of years, you could then trade those silver coins for 2 1-oz. gold coins. Yeah, that is a big IF but thanks to industrial consumption and declining silver mine production, it's a real possibility.

You're not the only person who'd rather have a Saint from his own country than a strictly bullion coin from the other side of the world.

The content is not that different, just 0.0325 oz.

St. Gauden is .9675 like Ed said, the most pure of all the old coins, hence being more liquid....

I would rate both as being equally liquid in the overall market, but with differing premiums to bullion value. You may find some individuals that still shy away from Krugs due to lingering political views, or some that just plain prefer Saints, etc., but both are gold (just of differing purities) and extremely liquid. As for the Krug price...retail, melt plus a few percent, wholesale, melt less a few percent. ebay is your best source for retail prices on Saints.

I love gold, esp old pre 1933 gold Bekiz....

But my thing with gold is, you really need a lot to make any real profit, esp at these prices....

I got about 2 oz. of gold together last year, but in the long run realized I am in a much better position to add "poor man's gold", via silver so that is all I now focus on, so I sold one oz. and traded another for 50 oz of silver....

I guess my point, unless you can get about 5 oz. together at least, you really don't stand to turn much profit this year, minus gold hitting 2500 an oz, and then your profit would still be slim in comparison to if one had much silver, and it hit 60 to 75 an oz this year, which is a major big IF....

In the end, not always about the best profit margin line, sometimes the collector in us all takes over an adds things just for personal enjoyment, and that is all fine an dandy as well....

Now long term investors/collectors that just want out of the dollar and into something they believe in, then gold is a fantastic idea. IF again ones is smart enough to get out, IF an when a major pullback goes down, then of course buy right back in two fold when it bottoms out. But that takes timing an luck, as none of us have a crystal ball too begin with. Lastly I will say gold is a gamble like many things in this world, but I consider it a safe gamble, again if one has enough to invest in it to make a REAL difference in their own personal situations, via short term or long....

One of the things about Krugs that turn me off is that they have a reddish look to them that other gold coins do not. I suspect that the amount of copper in them does this. I much prefer the US and Canadian gold coins. They look more like gold to me and less like copper. Personal preference, of course. Anyone offering me a real cheap Krug will find a ready buyer!