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1/10 Oz Gold What Is The Best Investment

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djluster's Avatar
United States
1327 Posts
 Posted 03/11/2007  8:34 pm Show Profile   Bookmark this topic Add djluster to your friends list Get a Link to this Message Number of Subscribers
Poll Question
Ok I am thinking about buying a 1/10 oz gold coin for investment purposes. so what is the best bullion one to buy. I know my local dealer cares most of these. in 1/10oz. I currently do not own a gold coin but wanted to start small. I know there is alot of them so I am only going to list the ones that are easyer ones for most to get and close to the same markup.

Results

US Eagles 44% 11 Votes
Australian Kangaroo 8% 2 Votes
Vienna Austrian Philharmonics 8% 2 Votes
Canadian Maple Leaf 12% 3 Votes
Chinese Panda 8% 2 Votes
South African Krugerrands 12% 3 Votes
Australian Lunar coin 0% 0 Votes
other 8% 2 Votes

Poll Status: Locked
Total Votes: 25 Counted
Last Vote: 03/31/2007 6:56 pm
Valued Member
Glyth's Avatar
United States
181 Posts
 Posted 03/11/2007  8:48 pm  Show Profile   Bookmark this reply Add Glyth to your friends list Get a Link to this Reply
I voted for the US Eagle mostly because it is the bullion coin I am most familiar with and it seems to hold pretty good numismatic value along with the bullion value.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/11/2007  9:05 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
"For investment purposes," a coin with a bullion value of about $60 isn't going to make or break you one way or the other. They will all essentially be worth the same, plus or minus the price of a six-pack, for the next 100 years. Buy the one you like to look at. Buy the one that's cheapest today.
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monster's Avatar
United States
414 Posts
 Posted 03/11/2007  9:14 pm  Show Profile   Bookmark this reply Add monster to your friends list Get a Link to this Reply
I will get the 2006 BU W mark Eagle. At least, it is little more than a bullion. If 2006 BU W already goes higher, I will wait for 2007 BU W or Buffalo 1/10 oz come out. If there is 1/10 oz Buffalo, it will be the first year issue.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 03/11/2007  9:22 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I would find out if one had more gold content than the other and see the price difference between them, if they all have the same content then as was said I would go for what ever I liked the look of best
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shatsi's Avatar
United States
1541 Posts
 Posted 03/11/2007  9:37 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
Gold Buffalo if its available this year.
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Australia
3831 Posts
 Posted 03/11/2007  10:20 pm  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Why bother with 1/10oz gold BULLION coins. They will always be worth bullion if you get them at bullion prices unless the mint, government or someone annnounces that they have melted a significant amount of them a few years later and that is when it makes the coin valuable if the mintage number is low.

Remember - supply versus demand. Supply will always be fixed or reduced but what is important is the demand. Some world coins even after 10-20 years still remain about the same price!
My partial coin collection http://www.omnicoin.com/collection/gxseries
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Spider5689's Avatar
United States
2269 Posts
 Posted 03/11/2007  10:25 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
I voted for the Krugerrands. You can get them for less money than the Eagles Or Maple Leafs.
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United States
560 Posts
 Posted 03/12/2007  08:31 am  Show Profile   Bookmark this reply Add ichirensha to your friends list Get a Link to this Reply
I voted for the gold panda because the designs change yearly and they seem to appreciate in value because of the high demand for each design. But, buy from a reputable buyer if you go this route.
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shatsi's Avatar
United States
1541 Posts
 Posted 03/12/2007  09:25 am  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
While Krugerrands are less prices than eagles, when you sell price realised is less than eagles too.
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Dockwalliper's Avatar
United States
342 Posts
 Posted 03/12/2007  5:43 pm  Show Profile   Bookmark this reply Add Dockwalliper to your friends list Get a Link to this Reply
2007 1/10th oz. Buffalo.
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United States
560 Posts
 Posted 03/12/2007  6:49 pm  Show Profile   Bookmark this reply Add ichirensha to your friends list Get a Link to this Reply
I should have also mentioned that I might be biased towards the Panda because I already have an Eagle, Maple leaf, and Austrian Phiharmonic and don't own a Panda yet.
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Kyra's Avatar
United States
867 Posts
 Posted 03/12/2007  7:45 pm  Show Profile   Bookmark this reply Add Kyra to your friends list Get a Link to this Reply
You forgot the Isle of Man cats! They're not as easy to find, so that's probably why you didn't list them... My coin shop doesn't have them very often, I snag them when they do. I don't know how good of an investment they are, but they look nice. I have several of them, they're pretty much all the gold coinage I own! As far as the ones you listed, I'd say US Eagle or the Maple Leaf. I already have the silver Maples, and I wouldn't mind adding a few of their gold cousins.

Rachel
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Learjet's Avatar
Australia
655 Posts
 Posted 03/12/2007  8:58 pm  Show Profile   Bookmark this reply Add Learjet to your friends list Get a Link to this Reply
Non key date circulated half sovereigns can be bought for near bullion and have a bit more "soul" to them than a bullion coin.
Pillar of the Community
United States
560 Posts
 Posted 03/12/2007  9:35 pm  Show Profile   Bookmark this reply Add ichirensha to your friends list Get a Link to this Reply
Thanks Learjet...I'll check those out!
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Snooba's Avatar
Australia
1360 Posts
 Posted 03/13/2007  08:09 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply
Circulated Australian (non-key dates) sovereigns in lower grades sell for bullion price, but they are so much more interesting and attractive to look at.
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