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Should The US Mint Make A Gold Bullion Bar?

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 Posted 06/02/2012  07:43 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list
I would guess the premium for a gold coin is more than it would be for a gold bar, so more profit in creating coins.
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 Posted 06/02/2012  08:38 am  Show Profile   Bookmark this reply Add 1inamillion15 to your friends list
well think about it dealers would jack up premiums on it......probably....just because its a US bar
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 Posted 06/02/2012  10:41 am  Show Profile   Bookmark this reply Add stev18 to your friends list
That doesn't necessarily mean that the Govmt gets the profit from the dealers jacked premium though...
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 Posted 06/02/2012  11:02 am  Show Profile   Bookmark this reply Add coinwatch to your friends list
I agree, Fuzzy. Too many high quality, lower margin bullion bars already on the market to get the US Mint's interest.
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United States
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 Posted 06/02/2012  11:50 am  Show Profile   Bookmark this reply Add 1inamillion15 to your friends list
WEll its just an idea I doubt the design would look good anyway
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 Posted 06/02/2012  12:21 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list
I think hand poured quarter oz. loaf style gold bars would be a HUGE success an big seller, zero doubt in my mind. Made by a reputable maker with proper stamps, they would be the next big thing, period....
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 Posted 06/02/2012  12:26 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list
Those hand poured bars are a lot of work, IMO. They are beautiful when in hand, though, especially 10oz sizes and larger. Given how mechanized the operations at the US Mint now, the only things done by hand now are to feed proof coins into the press one by one. However, a case could be made for a 1kg poured gold bar, as there is a thriving market for this product.
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 Posted 06/02/2012  1:17 pm  Show Profile   Bookmark this reply Add 1inamillion15 to your friends list
Be nice if the did and had 1,5,10,half-kilo.kilo,100 ounce bars with the classic essay mark
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 Posted 06/02/2012  1:24 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list
The thing you are missing about the beauty of the quarter oz size, as it is enough that one feels like they have made a solid dent in their own hoard so to speak. Way better then a gold dime 1/10th for example. Many can NOT afford much more then say 4 to 5 hundred for a quarter oz., then some of the fortunate who can afford say larger purchases via 1 to 10 oz. of gold....

Trust me as much as I have sold on ebay, I can promise on your own set prices with your profit figured in, you will sell WAY more quarter oz. pieces of gold, then say 1 oz., just is what it is, the most practical. Or like Goldie Lock's pour-age, just right;-)....
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 Posted 06/02/2012  10:08 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list
If the US mint were to create a special gold bullion bar, they should advertise it and create a small number of them so that buyers would be in a frenzy to get some. By keeping the numbers small and stamped on the bar, like "No. 1134 of 5000 made in 2013" or some such, it would be an instant collector item. Seems as if there are some possibilities here but who knows if the US mint has any interest in this at all.
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 Posted 06/03/2012  10:26 am  Show Profile   Bookmark this reply Add nod2003 to your friends list
What advantage would a 1/4 oz bar have over a 1/4 oz coin?
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 Posted 06/03/2012  12:19 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list
Well Nod I think it would be different, as I can find many quarter oz. gold coins, but when I search for quarter oz. gold loaf bars, I find zero....

I don't feel there would be any clear cut advantage to owning either to each their own always. It would just be a cool thing that I think would sell well an become a standard for gold bar stackers in time....
Edited by Silverhawk74
06/03/2012 12:21 pm
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 Posted 06/04/2012  1:40 pm  Show Profile   Bookmark this reply Add Center Pin to your friends list
At 1/4 oz could you still call it a bar or would it be a wafer?
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 Posted 06/04/2012  1:43 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list
Im still trying to squire my first coin. No way could I afford a gold bar
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 Posted 06/04/2012  6:20 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
At 1/4 oz could you still call it a bar or would it be a wafer?

That could be the case, alright, although they do make bars in the 1-2 gram sizes.
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