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 Replies: 11 / Views: 1,997 |
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Pillar of the Community
United States
589 Posts |
In just a week or so I will be getting my bonus at work. I wanted to spend a portion of this on my FIRST gold coin ever.
Even though I prefer silver coins over gold any day, I cannot ignore the fact that Gold is worth more and this may be my chance to get the coin.
My question is what is the size comparison of the 1/10 & 1/4 ounce gold eagle compared to everyday American coinage?
Thanks
John
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Pillar of the Community
Canada
3049 Posts |
1/10 AGE is 16 mm in diameter.. very close to a dime (18mm dia)
1/4 AGE is 22 mm in diameter ... which is close to a nickel (21mm dia)
Between the two.. your premiums will go down more the closer to an ounce you buy
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Pillar of the Community
United States
4211 Posts |
If your budget will allow it, definitely pick up the 1/4 ounce. From what I have found the dealers mark up the 10th ounce coin quite a bit in comparison to the others as the poster above mentioned.
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Pillar of the Community
United States
586 Posts |
I would rather pick up a gold maple; two reasons:
premium is the lowest among government minted coins; AND,
purity is 9999 !
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Pillar of the Community
United States
4897 Posts |
Get classic gold..... $5 is .24 ozt ..... forget the modern bullion nonsense.....imho.
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Pillar of the Community
United States
4333 Posts |
1/10 oz - they say easier to barter w/fractionals for after SHTF.
Personally? Yes the old gold is nice -
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Edited by fistfulladirt
11/25/2014 7:40 pm
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Pillar of the Community
Canada
3049 Posts |
Okay .. well there ya have it.. lot's of options when it comes to bullion!
Probably a tonne more options if you wait long enough...
What ever your decision... make sure you post a pic... love seeing the silver and gold!
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Pillar of the Community
United States
1037 Posts |
The 1/4 oz gold Philharmonic is a beauty at 99.99% pure.
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Pillar of the Community
Canada
2019 Posts |
Plan on getting at least one of each at some point 1/10 , 1/4 , 1/2 and everyone needs at least one 1oz , we don't know what the future holds so having different sizes will give you more flexibility plus then you can decide which size you like the most.
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Pillar of the Community
 United States
589 Posts |
Thank you for all the posts but what is the difference between .999 and .9999 purity? Is it 22 carat compared to 24 carat?
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Valued Member
Ireland
131 Posts |
Both .999 and .9999 are regarded as 24k or pure gold John. The difference between the two is one has been assayed to a higher standard and determined to have 9,999/10,0000 parts gold whereas the other is only (at least) 9,990/10,000 parts gold.
To convert karat to purity simply divide whatever the nominated karat is by 24 .... so 22k is .9167 purity, 18k = .7500 purity and so on.
Norm
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Pillar of the Community
United States
589 Posts |
Thank you everyone for your opinions.
And thank you Spikey Norman for your explanation. It was very helpful.
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Replies: 11 / Views: 1,997 |
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Posted 11/25/2014 10:13 am
