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 Replies: 13 / Views: 3,129 |
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Valued Member
United States
63 Posts |
can't afford to buy 1 oz gold coins, 1/2 oz or even 1/4 oz, but I can afford 1/10 and 1/20oz so I'm looking for any country that makes 1/10 & 1/20 oz coins.
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Pillar of the Community
United States
2150 Posts |
Austrian Philharmonic
Canadian Maple Leaf
South African Krugerrands
Mexican Libertads
Chinese Pandas
American Eagles
Australian Lunar Series
Australian Kangaroos
Can all be bought in fractional sizes.
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Pillar of the Community
United Kingdom
1682 Posts |
In 2008, the American Buffalo gold coin was released in a 1/10 oz size.
American Eagle gold coin has been made in 1/10 oz sizes as well (not in 2009).
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Bedrock of the Community
United States
12437 Posts |
Be aware that any 1/10oz bullion coins will have a hefty premium attached to them, You will probably have to pay 10-20% over spot. Even the US Mint charges a 9% premium over spot to the Authorized Purchaser wholesale dealers who have to buy in minimum quantities of 1000 ounces. Most of the 1/20 and 1/25oz coins I have seen are not bullion but commemorative collector coins and are priced way over spot, sometimes as much as 2x spot.
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Bedrock of the Community
United States
10982 Posts |
2 Peso Mexican coins can sometimes be found for a small premium over spot and are roughly 1/20oz. My sister bought one in a pawn shop for $52 last month.
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Pillar of the Community
United Kingdom
1682 Posts |
Not sure where thse fit in but the UK Royal Mint offers 1/4 (2 grams) at £70 and 1/2 (3.99 grams) at £120 for Gold Sovereigns. I think they are over priced for the amount of gold. Comments? |
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Valued Member
United States
141 Posts |
I have 2 (United States of America) Liberty coins SMALL about 3/8" diameter maybe 1/64" thick with no date just MCMVIL I Think, the letters are small.
Any Idea what this is?
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Bedrock of the Community
United States
10982 Posts |
Quote:
...offers 1/4 (2 grams) at £70 and 1/2 (3.99 grams) at £120 for Gold Sovereigns. Sovereigns bring big premiums and these prices exemplify that fact. You're looking at 60 to 80% premiums over melt here. |
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Pillar of the Community
United Kingdom
1682 Posts |
Any idea why the Gold Sovereigns have such a markup?
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Valued Member
 United States
63 Posts |
I bought a 1/20oz 1984 panda for $60 a few weeks ago from a friend... =)
correct me if I'm wrong, but doesn't the Austrian Ducat come in 1/20oz?
Edited by andrewjs18
02/18/2010 5:37 pm
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Pillar of the Community
United States
2150 Posts |
Quote:
doesn't the Austrian Ducat come in 1/20oz? Well the 1 Ducat contains .1106 oz of gold. |
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Rest in Peace
United States
4849 Posts |
I have looked at many 1/10 and 1/20 fractional gold coins, mostly to fill holes in my gold dansco pages. I concur with bherring that your best bet is either the mexican 2, 2.5, or 5 peso coins. These can be purchased for virtually spot.
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Valued Member
United States
60 Posts |
How did I miss the 1/10 buffalo?!? I have to have one of these!
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Pillar of the Community
United States
1055 Posts |
Now the 1/10th buffalos have a huge premium over spot...mainly selling over $500...as it was a one year issue
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Replies: 13 / Views: 3,129 |
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Posted 02/18/2010 01:48 am
