1/10-ounce gold coins, bars or rounds?
 

I was wondering if there are any generally available 1/10-ounce gold coins, bars or rounds in most U.S. markets. While I'm a bona fide silver bug, I'd like to at least have some fractional gold I can carry securely on my person inside a money belt in case I have to bug out. Any suggestions on coins or bullion that don't carry a high premium?

Would it be more advisable to have, say, 22k rather than 24k pieces if I'll be carrying these coins or bars inside a money belt? I dress like a relative slob and don't look like a guy who'd carry cash or precious metals, but that's why I wear a money belt so I can safely carry such items. It's not obvious that the belt is a money belt.

Re: 1/10-ounce gold coins, bars or rounds?
 

they have little vinyl flips at coin shops if your worried about the wear factor on .999 gold. HH Mark

Re: 1/10-ounce gold coins, bars or rounds?
 

22k is much better. Krugerrands will carry the lowest premium and you should get very close to spot.

Re: 1/10-ounce gold coins, bars or rounds?
 

If you're looking for 1/10 oz. sizes for bullion purposes, make sure you stress to the dealer that the condition of the coin is not important. He may have some pieces that he's purchased in scrap, as that is a popular size used in jewelry (coin rings or pendants), that may be scratched or abraded he might be willing to sell closer to spot than a new coin.

Re: 1/10-ounce gold coins, bars or rounds?
 

If you buy car, home, or life insurance, do you want the cheapest crap-policy there is?

Likewise with "survival" coins.

Buy 1/10 Gold Eagles, and pay the premium. No one will reject them because they don't understand them. The purity and weight are on them, in English.

Re: 1/10-ounce gold coins, bars or rounds?
 

Maple leafs, Kruggerands, Suisse Credits are all written with the gold content in English. Bullion doesn't have to be pretty to be recognized or accepted.

Re: 1/10-ounce gold coins, bars or rounds?
 

Maples Leafs, Credit Suisse bars, and PAMP bars, yes. I have no objections to these, but a tiny few might be stupid and think they're "worth less" than US coins.

Krugerrands, no.

Re: 1/10-ounce gold coins, bars or rounds?
 

Let's not forget the coin that British and American Pilots carried on their body in WWII. In the event that they'd get shot down behind enemy lines.

This coin was the British Sovereign Gold Coin .2354.

Then there is along with the American Eagle Gold Coin (0.10 oz.) are:

Austrian Philharmonic Gold Coin (0.10 oz.), Canadian Maple Gold Coin (0.10 oz.), S. African Krugerrand Gold Coin (0.10 oz.).

And then there are the 1/20th coins. The Mexican 2 Peso Gold Coin (0.05 oz.), Mexican 2.5 Peso Gold Coin (0.06 oz.), Canadian Maple Gold Coin (0.05 oz.), there are also Panda's (I don't trust Chinese Gold, there has been a lot of conterfiting going on).

There is also the French 20 Franc Gold Rooster Coin - .1867, Swiss 20 Franc Gold Coins also .1867, Austria 1 Ducat Gold .1106, The Austrian 20 Kroner 0.19.

Here's some more - PRE-33 U.S. GOLD COINS:

$ 20 = .9675, $ 10 = .48375, $ 5 = .241875, $ 2.5 =.1209375, $1 = .048375.

http://www.bulliondirect.com/catalog...old&category=3

The bottom line is that there are plenty gold coin varieties to be had. Also check with your local dealers.

These are just some examples. Do your home work, shop around, but do it soon. No telling when this market is going north.

Maranatha,

:smile:

Re: 1/10-ounce gold coins, bars or rounds?
 

the brits used to give pilots a sovereign to carry in their survival kits didnt they? quarter ouncer

Re: 1/10-ounce gold coins, bars or rounds?
 

When I bought a few 1/10oz coins from a local dealer, they had a higher premium than any of the larger sizes. If you want small pieces it's hard not to get skinned on the margins.

The dealer even had a few 1/20-oz coins, which looked like play money. I didn't look to see what they were exactly. I may get a couple just for kicks one of these days.
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As far as general buying,,, I would think you can go with anything mainstream.

Dealers will recognize anything common anyway.

I would expect that average "non-metals" people (in the US at least) won't know either way. They won't recognize a gold eagle any more than they would a gold maple or gold panda, much less would they be able to estimate what such a coin is currently worth in dollars.

If economics in the US really go bad, I expect the FIRST "real money" that shops begin to accept at metal values will be the 90% silver US coins. Most older people (50+ yrs) are already familiar with these, and know that they're worth much more than face.
~

Re: 1/10-ounce gold coins, bars or rounds?
 

Or you could go even smaller:
http://www.ozcopper.com/ebay/2008a.jpg

http://cgi.ebay.com.au/1-20th-Ounce-...QQcmdZViewItem

Re: 1/10-ounce gold coins, bars or rounds?
 

Just keep your eyes open. There are often good deals/introductory offers at spot on 1/10 oz AGE's. Don't let the normal premiums eat your lunch. Personally, I am not a fan of bars or rounds when it comes to gold.

Good Luck
~Prag

Re: 1/10-ounce gold coins, bars or rounds?
 

Agreed, and they are pretty cheap.

http://www.coinland.com/item_images/2527.jpg

Re: 1/10-ounce gold coins, bars or rounds?
 

I've noticed over the past year and a half that companies tend to offer introductory deals on 1/10s in the late winter / early spring.

If I may ask the veterans here: Is that the usual trend?

Are there any other intro deal trends to look out for?