Posted 09/17/2013 02:31 am
In 1995, I had the chance to buy a one ounce Au or Pt bullion coin. At the time, Au was $480, Pt $495.
I chose a one ounce Pt koala. I still have it.
Now, the % price difference / ounce is much the same, but historically Pt price / ounce is usually much higher.
If I were to buy another Au or Pt bullion coin?
I would choose Pt again.
A look at the historical prices of Au and Pt over the last 20 years or so may be of interest to you. That was the criterion which I used in making my original choice in 1995.
The premium for coins smaller than one ounce discourages me from making a purchase of less than one ounce.
I have spent more than the value of one ounce in either Pt or Au bullion on numismatic ancient items instead. That is where my interest normally lies.
I chose a one ounce Pt koala. I still have it.
Now, the % price difference / ounce is much the same, but historically Pt price / ounce is usually much higher.
If I were to buy another Au or Pt bullion coin?
I would choose Pt again.
A look at the historical prices of Au and Pt over the last 20 years or so may be of interest to you. That was the criterion which I used in making my original choice in 1995.
The premium for coins smaller than one ounce discourages me from making a purchase of less than one ounce.
I have spent more than the value of one ounce in either Pt or Au bullion on numismatic ancient items instead. That is where my interest normally lies.
