Advice On Buying Fractional Gold Via The Mexican Peso

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Author	Replies: 4 / Views: 1,069
SamuelPickwick Valued Member United States 72 Posts	Posted 07/05/2022 10:12 pm I'm interested in acquiring some fractional gold by way of the Mexican peso, and would appreciate any advice/opinions/suggestions on which ones are preferable to purchase. As I'd like to have some of these coins (as opposed to a generic bar), there is a bit of a numismatic aspect to it but am not interested in a graded coin. Thus things like any particular year, expected premium, concern about fakes, etc. Also, would a French rooster, for example, be a better choice? Report this Post to the Staff

sel_69l Bedrock of the Community Australia 21786 Posts	Posted 07/05/2022 11:13 pm Get professional advice, to make sure you are not buying a jeweler's copy in good gold, or even a deceiving a gold plated brass fake. For nice artwork, how about a St George Sovereign or Half Sovereign? Such coins can be had for only a small premium above melt. - Much easier to find, and less requirement for professional advice. A kind of halfway house between gold stacking and numismatics. Report this Post to the Staff
SamuelPickwick Valued Member United States 72 Posts	Posted 07/05/2022 11:46 pm Yes, that describes the situation very well, I am in the halfway house. I'll look into going with a few sovereigns instead, thank you. Report this Post to the Staff
Zurie Pillar of the Community United States 5661 Posts	Posted 07/05/2022 11:48 pm If you don't want graded gold coins, you could get fractional gold Mexican pesos at a large bullion dealer like APMEX or JM Bullion to minimize the risk of counterfeits. They have a relatively low premium over spot, but they may not be as easy to liquidate as other gold coins like AGEs or Maple Leafs. If you're looking for vintage gold coins, the French rooster is an attractive design, too. But I would still buy through a large bullion dealer. Report this Post to the Staff
SamuelPickwick Valued Member United States 72 Posts	Posted 07/05/2022 11:57 pm I was just looking up sovereigns at JMB (they do not have the 5 peso in stock); will look at the roosters there also. Need to start a scratch pad to keep track of the different gold weights. Report this Post to the Staff
	Replies: 4 / Views: 1,069

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