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 Replies: 28 / Views: 3,675 |
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Pillar of the Community
Canada
1731 Posts |
Poll Question
Last question for the night. Would a 10oz bar or a 10oz coin be a better investment? I could get a koala for around $350, but I could get a 10oz bar (most makers like silvertowne, englehard etc) for around $320-330. Thanks
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Pillar of the Community
United States
651 Posts |
Though the koala would be beautiful, an ounce is an ounce regardless what's on it and eventually the premium would be lost.
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Pillar of the Community
United States
2269 Posts |
I would go with the silver bar over the koala. Both the coin and the bar contain 10 ounces of silver, so why pay more. If you want to add the koala to your collection and are not concerned about the silver content, then go for the coin. It is entirely up to you.
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Pillar of the Community
United States
1454 Posts |
 In my experience, the coin would be more for collecting and the bar would simply be an investment vehicle, depending on it's design, of course. |
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Pillar of the Community
United States
3670 Posts |
Minus it being a real rare old pour, but generally speaking rare mint coins have a chance to get higher, even though 10 oz. Is not exactly the most desired size....
Still, a Lunar Dragon 10 oz. coin should pull a way higher premium in ten years, compared to a generic 10 oz. lunar dragon bar for example....
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Pillar of the Community
Canada
1502 Posts |
premiums on 10oz coins are never really lost
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Valued Member
United States
272 Posts |
I would go with the bar, it will be easier to stack  |
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Pillar of the Community
United States
3184 Posts |
Its whatever you like. Honestly buy what you like because if you just get silver eagles, etc you can get bored. Variety is good!
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Pillar of the Community
Australia
7096 Posts |
I am a coin collector so if it aint round I don't want it  |
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Pillar of the Community
Australia
4411 Posts |
For the sake of around 5% more I would be going for the coin because its a bit more interesting. If youre doing it 100% for the silver and really really dont care how it looks then I suppose the bar is better.
Edited by enworb
06/17/2012 05:37 am
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Valued Member
United States
344 Posts |
For me, it depends on the purpose. If my purpose is to invest in bullion, then whatever has the lowest premium - bars, rounds, or junk. If I decide that I want to start collecting 10 oz Australian Bullion, then paying above spot would not be my main concern, just where I could purchase it for the lowest premium.
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Pillar of the Community
Japan
666 Posts |
I'd invest in coin, for $30 more having something of numismatic value makes it one of the hedges. Silver bar is just a metal . In 10 years if everything stays the same it will cost the same amount one payed for it.
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Pillar of the Community
 Canada
1731 Posts |
I'm mostly into bullion. I buy it as an investment, but I also have bullion coins that I paid way over spot for. I recently added a 10oz bar, and would like another. But the coin looks pretty awesome, its the koala and I have the 1oz version which looks great. I guess when I go to coin/bullion store next ill decide. Thanks
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Valued Member
Canada
178 Posts |
Remember that Canadian tax laws are such that bullion sold for over $1000 is subject to capitol gains tax. So I like buying 1oz and 5oz bars and coins. Depending how long you plan to hold, 10oz could be over 1k.
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Pillar of the Community
United States
808 Posts |
For someone very early into building their stack, I'd still go with individual 1 t oz coins despite the higher per ounce cost. If your interests change, it's easy to sell off a few Koalas (or whatever) and get something else. With the big bar or coin, it's all or nothing...and that's not a fun selling decision to have to make. That said, the big bars are very VERY cool. And the 10 oz coins I've seen make a real impression! Bottom line, follow your heart and buy what'll make you happy. That's all that matters anyway!
Edited by coinwatch
06/19/2012 9:25 pm
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Valued Member
United States
88 Posts |
Anything I buy has to either go into the roller or the melt-pot. The flatter ones (JM, Silvertowne, Englehard etc but NOT A-mark or hand-poured) 10 oz bars roll out quite nicely and save me one round of melting. 10 oz rounds or larger bars have to be chopped up to fit in the crucible... more work for no return. The round shapes roll out oblong, which makes punching blanks awkward and increases the percentage of waste that just has to be remelted.
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Replies: 28 / Views: 3,675 |
Posted 06/16/2012 10:31 pm
