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- - GAE's or Krugs?? (http://goldismoney.info/forums/showthread.php?t=289941)

Curio Bill | 08-08-2008 10:05 AM
GAE's or Krugs?? I know this question will be greeted with groans by those who have been here a while, but let me ask another "white belt" question. As I have said I have a couple of grand FRN to purchase my 1st PMs & I want to maximize my limited funds. The GAE is just PURTYand I want at least one of them!! But, can I reasonably expect to recover the $35-40 premium that each GAE has over a Krug?? Should I get my ONE GAE & the balance in Krugs?? BTW, my reason for buying is nervousness over the economy & desire to have at least a small LAST DITCH "wealth preserver". Thanks, Bill.

eyeofliberty | 08-08-2008 10:11 AM
Re: GAE's or Krugs?? Get the most gold for your money = krugerrands. They are known the world over and liquidity is not a problem. Having said that, GAEs are also easily liquidated, and the premium you pay, you usually also get back when you sell.

j-son | 08-08-2008 10:52 AM
Re: GAE's or Krugs?? buy one of each and then you know which you prefer in the future thats how i realized i prefer the gold eagles

SLV>GLD | 08-08-2008 11:04 AM
Re: GAE's or Krugs?? I agree with j-son. Personally, with $2K and a penchant for Au, I'd pick up the following wishlist: 1/10 GAE 1/2 GAE 1/2 Krug 1oz Krug Here's some salt...

Raccoon | 08-08-2008 11:14 AM
Re: GAE's or Krugs?? Quote:
Originally Posted by j-son (Post 1228855) buy one of each and then you know which you prefer in the future
I agree with this, get the 5-10 most common 1oz coins and then when you start investing more seriously in Au, you already know which ones you like.

beggarsthumb | 08-08-2008 01:13 PM
Re: GAE's or Krugs?? is $18 a good price for generic SAE? I just called my local coin shop and that's the quote he gave me today. TIA BT

RaccoonRiverRadical | 08-08-2008 02:09 PM
Re: GAE's or Krugs?? Quote:
Originally Posted by SLV>GLD (Post 1228875) I agree with j-son. Personally, with $2K and a penchant for Au, I'd pick up the following wishlist: 1/10 GAE 1/2 GAE 1/2 Krug 1oz Krug Here's some salt...
Talk about paying a premium!

TomD | 08-08-2008 05:58 PM
Re: GAE's or Krugs?? I just went to Apmex and divided Apmex buy by sell price for Krugs and Eagles to see the spreads. For Eagles it was .979 and Krugs .981, indicating a razor thin edge for Krugs. Of course .002 is pretty much insignificant, buy what you want.

beggarsthumb | 08-08-2008 06:46 PM
Re: GAE's or Krugs?? Quote:
Originally Posted by beggarsthumb (Post 1229083) is $18 a good price for generic SAE? I just called my local coin shop and that's the quote he gave me today. TIA BT
bought em, $18 for 2008's in great condition, no response but I feel good about the deal.

Mujahideen | 08-08-2008 06:49 PM
Re: GAE's or Krugs?? What about buffaloes vs eagles? Im not sure if I wanna buy a proof 24k buffalo or proof eagle.

tampa78 | 08-08-2008 07:13 PM
Re: GAE's or Krugs?? proof buffalo for sure

EE_ | 08-08-2008 07:55 PM
Re: GAE's or Krugs?? Would any guy want his first sexual experience to be with an ugly dumpy looking broad...or the pretty one? It's a metaphor...figure it out!

tiger | 08-09-2008 02:16 PM
Re: GAE's or Krugs?? I'd go with Canadian Maples. I dig the .9999 purity. I have a GAE and a Krug. 22K gold just doesn't do it for me. The premium over spot with the CML is more than that of the Krug, but less than that of the GAE. As others have said, get one of each, then when you come into some more $BirdCageLiner, load up on the specific one you like. Quote:
Originally Posted by Curio Bill (Post 1228758) I know this question will be greeted with groans by those who have been here a while, but let me ask another "white belt" question. As I have said I have a couple of grand FRN to purchase my 1st PMs & I want to maximize my limited funds. The GAE is just PURTYand I want at least one of them!! But, can I reasonably expect to recover the $35-40 premium that each GAE has over a Krug?? Should I get my ONE GAE & the balance in Krugs?? BTW, my reason for buying is nervousness over the economy & desire to have at least a small LAST DITCH "wealth preserver". Thanks, Bill.

Curio Bill | 08-09-2008 04:44 PM
Re: GAE's or Krugs?? Quote:
Originally Posted by wildcard (Post 1230560) If it's your first purchase of PMs...do you really want your whole roll wrapped up in 2 coins? Don't forget the silver!!!
It's strange that you say that...The voices in my head have been saying that all day... So it may be a smorgasboard of silver with a pair of 1/4oz GAEs.

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