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-   -   At What Point Do Fractionals Become A Good Investment? (http://goldismoney.info/forums/showthread.php?t=37234)

Silver Scout 05-25-2006 09:20 PM

At What Point Do Fractionals Become A Good Investment?
 
I like the idea of picking up fractionals when I don't have enough dough on me for a full ounce. My dealer gives me what seems to be a great deal on these. You tell me... My only guage is APMEX ... and he blows the doors off their prices for these gold coins.

Today I got 6 pandas, each 1/20 oz ranging from year 1987 to 2003

1 Maple Leaf 1997, 1/20 oz

1 Austrailian Lunar, year 2000 Dragon 1/20 oz

Each of these were $38 a piece.

I wanted the small coins for purchases if and when TSHTF, and for times when I cannot afford an oz ... and these premiums seem very minimal. What do you think? :wazzup_sg

RealMoney 05-26-2006 04:02 AM

Re: At What Point Do Fractionals Become A Good Investment?
 
not a bad idea now...I was thinking of getting some of the british soveriegns roughly a 1/4 oz IIRC. An ounce is too expensive for my budget these days.:character

And if gold ever goes really high it will be easier to get cash for it than a whole ounce.

goldminer 05-26-2006 06:43 AM

Re: At What Point Do Fractionals Become A Good Investment?
 
Fractionals IMO are always a good investment in that they are an avenue of diversification.

telco_syd 05-26-2006 09:47 AM

Re: At What Point Do Fractionals Become A Good Investment?
 
Fractionals are GREAT to flog off on ebay at amazing premiums.
But 5g is as low as I would go.
the 1g and 2.5g bars are just ridiculous, I wouldnt even give a young family member (eg 2yr old) those as a bday present.

Metalophile 05-26-2006 10:17 AM

Re: At What Point Do Fractionals Become A Good Investment?
 
Quote:

Originally Posted by telco_syd
Fractionals are GREAT to flog off on ebay at amazing premiums.
But 5g is as low as I would go.
the 1g and 2.5g bars are just ridiculous, I wouldnt even give a young family member (eg 2yr old) those as a bday present.

Yes, I agree. It's a choking hazard as well. And if they do manage to swallow one mommy & daddy will be diaper diving! :eek:

Best to give silver bars or rounds for smaller gifts. They feel more substantial and are not choking hazards.

aikitrader 05-26-2006 10:43 AM

Re: At What Point Do Fractionals Become A Good Investment?
 
Quote:

Originally Posted by Silver Scout
Today I got 6 pandas, each 1/20 oz ranging from year 1987 to 2003
1 Maple Leaf 1997, 1/20 oz
1 Austrailian Lunar, year 2000 Dragon 1/20 oz
Each of these were $38 a piece.

Your pricing is good. I own some of these 1/20th fractionals. They are tiny, but hey Gold is Au. Will look forward to selling some of these for $250 each when Gold reaches $2000 oz

Katie88 05-26-2006 07:13 PM

Re: At What Point Do Fractionals Become A Good Investment?
 
I like the mini gold coins too. I usually lurk on ebay waiting for an unnoticed gold coin to slip past buyers and have managed to pick up several 1/20th an ounce under $30 (plus shipping which I take into account) and half of them I managed to snag at under $25 per piece. I've seen some of those 1gram bars that aren't even fun to look at go for more then that sometimes. I wish I could afford larger gold coins but until I hit "big money" can't afford any larger pieces. If SHTF, perhapes the smaller coins might be easier to barter with then larger coins for goods and services... until then I'll just enjoy saving them up:)

Katie

Maddie 05-26-2006 07:19 PM

Re: At What Point Do Fractionals Become A Good Investment?
 
I buy mostly 1/10 coins and the occasional 1/20, too. I can't usually afford the larger ones. For SHTF purposes, I think the smaller coins would be ideal.

SilverHare 05-26-2006 10:08 PM

Re: At What Point Do Fractionals Become A Good Investment?
 
I watch for good prices on fractionals and have picked some up pretty close to the premiums you'd pay on 1oz coins. But mostly I buy soveriegns, as they can be found at low premiums pretty much all the time and are very liquid.

aikitrader 06-13-2006 11:28 AM

Re: At What Point Do Fractionals Become A Good Investment?
 
Well...I am missing some Lunar 1/20 fractionals to complete the set to date...I am missing 4 years of them....I think I will look to find them to complete my sets.

Buy when no one else wants!


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