2000 Chinese Panda && Stacking Question

Gold is around $1350 per ounce and has been for a while. You may want to get something like the Kitco app to keep up to date with what you should be paying for gold. $1500 per ounce for gold bullion is a rip off and has been for months.

OK then you're all set. You are lucky because being in Canada you can get pretty much the lowest price gold 1 ounce bars available on the market. Kitco is a Canadian company and their own brand gold bars @ $25 above melt are only available within Canada.

I think the real concern is, is it genuine?

When it comes to Chinese coins including bullion, you cannot just assume that they are genuine. Please kindly post photos if possible.

Buy from reputable supplier and dealers! Coin is not a good investment over time, but is fine for collecting it, diversity is key, if I was at your age I would buy into mutual funds at the earliest and it doesn't have to be much per month.

But to answer the question, 1/10 oz would be the smallest I would buy and is the more popular denomination, but silver panda is fine too and doesn't cost as much, except for earlier years, again buy from reputable dealers, even the slab one can be fake.

My first question would be how long are you going to hold the investment. If you don't plan on selling until like you retire I would put that 1500 in a Roth IRA because as you get older you may not be able to take advantage of using a Roth. I personally try to keep 10% - 15% of my investments in PMs. I also collect for fun but anytime I buy a coin I do it because I want it and I spend my money out of what I call my play fund. If $1500 is all you have in savings I wouldn't put it all into a gold coin. I would buy silver personally if I was you because I don't like the premium for the fractional coins. I would also say its smart to save money but high school and college are some of you funnest years in life and you don't want to miss out on them because you are saving all your money for an ounce of gold.

I guess I should clarify. I wouldn't buy physical PMs to be in my Roth IRA. I'm just saying if you are 16 years old I would probably buy a mutual fund. If you put $1500 in a Roth when you are 16 and it earns 7% a year and you don't take it out until you are 62 you now have over $30,000 that can't be taxed. I'm just saying I wouldn't spend all my money on a gold coin. I own PMs for investments but like I said I try to stay in between 10%-15%. Now that I'm writing this I realized he is from Canada so don't know about their retirement system. One of the best investment moves I did in high school was start and Roth IRA. Now if he wants to buy a gold coin because he wants to collect then go for it. I'm just saying from a pure investment I think there are better options out there instead of buying a gold coin. If it takes months to save money to invest in a single coin you just missed out on all the compounding you could of gotten buy putting $200 in a mutual fund every month.

I'm not sure about the context of your question here. Are you talking about gold bars? If so, do what Yup said and stick to proof quality gold coins. I hope you're not talking about gold plated coins. If so, that's a bad idea. Don't do it.