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 Replies: 15 / Views: 2,025 |
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Pillar of the Community
United Kingdom
616 Posts |
Is there any point in collecting the 1/2 version of bullion coins besides it is cheaper or are the 1 ounce version the only ones that are really widely collected?
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Pillar of the Community
United States
1903 Posts |
I think they could be fun to collect...but nothing more. As an investment you would be hard pressed to get me to buy as they don't maintain their premium over spot on the secondary market. On a per ounce basis their premium is a lot higher than the same 1oz coin of the series.
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Valued Member
United States
141 Posts |
yea, the premium is not worth buying fractional's for investment, unless your paying the premium to collect them. But a 1/2 oz gold coin is still feels solid in your hand, and is a good amount to have, but if your looking to invest purely, its cliche but definitely true to just buy the 1 oz
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Valued Member
United States
376 Posts |
I would love order up a box of 1/4 & 1/2 oz coins but, those premiums prevent me from ever buying them. Bought (1) 1/2 oz coin just to see how it looks and feels and sold it a few days later lol
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Pillar of the Community
 United Kingdom
616 Posts |
Maybe I am just too focused on the specific case of the Australian Lunar Series. The 1 oz. dragons are outrageous and on a whim I bought 3-1/2 oz. dragons so I am wondering if there is any point to continuing to buy the series as it goes on.
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Pillar of the Community
United States
1903 Posts |
What was the per coin premium on your half ounce lunars?
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Pillar of the Community
United Kingdom
616 Posts |
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Pillar of the Community
United States
1903 Posts |
Actually, based on where I buy my silver at...the 2oz dragons are the better buy of the three. I see however you are right...the one oz. Have a significantly higher premium than the others.
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Pillar of the Community
United Kingdom
616 Posts |
You are right you can get some pretty good prices on the 2 ozt. versions currently. But the 1/2 ozt. are really a nice size.
Edited by starbuxinvestor
09/15/2012 8:23 pm
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Rest in Peace
United States
1501 Posts |
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Valued Member
United States
80 Posts |
The smaller denominations are also probably more liquid, because they're less expensive.
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Valued Member
United States
141 Posts |
Based on your specific case, go for the 1/2 oz, because you are collecting the lunar series, its more affordable to own them in a fractional amount, and for a series you dont necessarily need the 1 oz version. I feel like the premium is worth paying.
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Pillar of the Community
 United States
2448 Posts |
Cursive is right. The smaller gold is much more liquid and in some cases more valuable because many are being turned into jewelry. While not scarce now, many are predicting the 1/10th ounce coins will soar in value.  |
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Pillar of the Community
Canada
1723 Posts |
The 1/10 are gonna go up because they will be affordable when gold skyrockets. As for OP, I dont like the 1/2oz because the 1oz are still affordable. I stick to junk silver for my fractional silver.
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Pillar of the Community
United States
4008 Posts |
The reason to collect fractional coins is that you like them and want to collect PMs in sizes that are less than 1 oz. Sure, the premium is usually higher for smaller sizes of coins than for larger sizes but that's part of the collecting game. I would buy 1/2 and 1/4 oz. gold coins but not fractional silver. I buy US 90% BU grade pre-1965 coins for that and their premium is reasonable.
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Pillar of the Community
United States
1454 Posts |
SBI, Look for the coin's mintage to determine possible future returns. Try to make sure the final number isn't discretionary as is the case of the 2 oz. bullion Lunar series that Perth releases, which markedly hurts any chance of major price appreciation. I don't personally collect anything less than 1 oz. silver unless something truly interesting catches my eye, therefore I'm not as abreast of price growth potential in the fractional silver market as I'd like to be. But you seem to be a big fan of the Perth Mint so you're probably familiar with the 1/2 oz. ocean creature series that the mint recently produced. With a low mintage, the coins quickly became a fan favorite. Another example is the dinosaur fossil series that the RCM created. I think all are still selling well above the original asking price with the first in the series, Parasaurolophus, commanding 175+. Unsurprisingly, a universal theme, coupled with low mintage, seems to be the only real key to success in buying coins with numismatic growth in mind. That, and timing your buy so as to not overpay for something that can be had on the secondary market much cheaper than a mint's official release price. |
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Replies: 15 / Views: 2,025 |
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Posted 09/15/2012 5:28 pm
