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 Replies: 16 / Views: 2,560 |
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Valued Member
United States
73 Posts |
Ive been wondering this for months, some mints make bars like our friends to the north, Austria,etc. I think the mint should make a gold bullion bar, well ones that arent in fort knox,but an investor kind. Do you think it would make money for the us mint? what do you guys think?
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Pillar of the Community
Australia
7096 Posts |
The Perth Mint make them out of gold. The US mint would probably just print them out of paper  |
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Moderator
 United States
14463 Posts |
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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Valued Member
 United States
73 Posts |
well think about it dealers would jack up premiums on it......probably....just because its a US bar
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Valued Member
United States
329 Posts |
That doesn't necessarily mean that the Govmt gets the profit from the dealers jacked premium though...
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Pillar of the Community
United States
808 Posts |
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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Valued Member
United States
73 Posts |
WEll its just an idea I doubt the design would look good anyway
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Pillar of the Community
United States
3670 Posts |
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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Pillar of the Community
United States
1817 Posts |
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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Valued Member
United States
73 Posts |
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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Pillar of the Community
United States
3670 Posts |
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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Pillar of the Community
United States
4008 Posts |
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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Pillar of the Community
United States
3294 Posts |
What advantage would a 1/4 oz bar have over a 1/4 oz coin?
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Pillar of the Community
United States
3670 Posts |
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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Valued Member
Canada
178 Posts |
At 1/4 oz could you still call it a bar or would it be a wafer?
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Pillar of the Community
United States
863 Posts |
Im still trying to squire my first coin. No way could I afford a gold bar
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Replies: 16 / Views: 2,560 |
Posted 06/02/2012 07:43 am
