Do you only buy one type of Gold Coin?
 

Do you only buy one type of Gold Coin or Bar? I'm not sure if I should just stay with the same type. Right now I buy different.

Re: Do you only buy one type of Gold Coin?
 

Nope, many kinds of bars too.

Re: Do you only buy one type of Gold Coin?
 

Diversification is the key strategy to successful investment !!

Re: Do you only buy one type of Gold Coin?
 

only 1oz ML's,,,,dont know why,,,,

Re: Do you only buy one type of Gold Coin?
 

No....variety is the spice of life!:RockOn:

Re: Do you only buy one type of Gold Coin?
 

There are some forms of gold and silver that I don't buy, even though they are cheaper, mainly because they don't appeal to me. For instance, I don't buy gold or silver shot simply because I don't like that form. I don't buy any coins or bars that are enameled or colored. I don't buy commemorative medallions. I don't buy generic items where you might get random bars or rounds.

I generally decide first whether I want coin, round, or bar. Once I've made that decision, then I shop based on price, sometimes with other considerations tossed in. I usually go for the lowest priced item in the category and metal I've chosen. I prefer newly produced items to older stock when I'm buying silver bars larger than 10 oz, mainly to avoid the possibility of getting an old "drilled and filled" bar. At my level of purchasing, that's really not an issue for gold.

If the price is low and I'm flush, I may buy something just because I want it, premium be damned. But that is the exception, not the rule.

Re: Do you only buy one type of Gold Coin?
 

I have so few it doesn't make sense to buy anything other than krugs for me.

If ever I get more than a handfull then maybe I'll think to diversify...

Re: Do you only buy one type of Gold Coin?
 

I try to. I'm more of a stacker than a collector, although I do like the different types of coins/bars

Re: Do you only buy one type of Gold Coin?
 

Nope, I'm an equal opportunity stacker.

Re: Do you only buy one type of Gold Coin?
 

Variety is the spice of life.
Just don't buy gold pandas.

Re: Do you only buy one type of Gold Coin?
 

Whats wrong with pandas? as long as they are authentic. Had 20 pandas various years before the boating accident. They were bought from a reputable dealer and had china gov serial numbering in the plastic pounches that they came in.

Miss them.



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Re: Do you only buy one type of Gold Coin?
 

I almost always buy 1 oz krugerrands. They are my favorite coin.

Re: Do you only buy one type of Gold Coin?
 

I wish I could be picky. I buy whatever shows up in my sights when I can afford to. Which means the stack is a bit of an All Sorts with commemoratives and belgian halfway bullion in between the recognizable bullion coins..

I've got quite a few Pandas by now, beautiful coins. Might sell them before I move to the U.S. though going by the opinions expressed on them here..

Re: Do you only buy one type of Gold Coin?
 

All of the gold I own, I bought years ago, before I knew anything about PMs. (Not that I know all that much now - I still learn something new almost every day, and this forum is a GREAT place to learn.) But all of it is pre 1933 gold coins, some graded, some not. So for not knowing exactly what I was doing, I now know that I made a pretty good choice. If I were going to buy gold today I would not say that anything is 100% absolutely, without a doubt, out of the question. But as has already been mentioned here, you need to do your due diligence. Pandas are fine if they are indeed pandas, there's a lot of "wannabe" pandas floating around out there, especially on that auction site we all know. Nowadays, I am way more heavy into silver than gold simply because of the affordability factor and because I believe that silver has way more upside than gold.

Re: Do you only buy one type of Gold Coin?
 

i only like to keep 1 oz gold for myself...eagles, lunars, buffalos, krands, maples, libertads, philharmonics, and bars.....i think a variety is a good thing and i like to keep coins under the reporting radar. i try to stay away from pandas and 100 gram gold bars (dealers often pay under spot for them)

Re: Do you only buy one type of Gold Coin?
 

Gold is gold. Anything from a teeny little 14k token to a nice bar you don't have to report if you do a bank transfer. I just wish it didn't sink so fast.

Re: Do you only buy one type of Gold Coin?
 

I'm with J-son, however I'll add that I like the Mexican 50 Peso also since I have a Fisch tester for it.

Re: Do you only buy one type of Gold Coin?
 

The Mexican 50 coins are nice as shown in my avatar.
I haven't come across a fake one yet and most are dated 1947.
The other years usually sell for a bit more.

Re: Do you only buy one type of Gold Coin?
 

I have too many fingers in too many pies....I love it! the shapes, the sizes, I am the kinda man who can't be tied down to just ONE type of PM.
:emotions16:

Re: Do you only buy one type of Gold Coin?
 

I buy anything available when the price is right.

Re: Do you only buy one type of Gold Coin?
 

I stay away from really oddball coins, but I'll weight price vs. recognition factors when I buy. I got bars, european coins, south american, mexican coins, and bullion coins. Nothing bigger than the 50 peso coin as I may have to cash in one day.:shine:

Re: Do you only buy one type of Gold Coin?
 

They can be difficult to sell in some areas because people don't trust them, and with good reason. To most folks, chinese = FAKE, and I'm not going to go around with pictures of known fakes to compare to coins I see for sale.
Not worth the trouble.:signs14:

Re: Do you only buy one type of Gold Coin?
 

I buy all types and sizes of Gold coins. I feel that should TSHTF I would be able to use quicker.:ok:

Re: Do you only buy one type of Gold Coin?
 

good thread,,,,thanks

Re: Do you only buy one type of Gold Coin?
 

For the most part I do. Since the GAE's are my hometown coin, I stick to them for the most part, but won't turn down an "opportunity" on another coin/round/bar if it presents itself.

GAE's being in many different weights/sizes, non-reportable (being in the U.S.), one of the most if not thee most popular/trusted coin, and from my home country being "legal tender".......how could I go wrong? :36_3_13: (I'm a sucker for love) :wink:

Re: Do you only buy one type of Gold Coin?
 

I do like variety and am especially fond of British Sovs. They used to be a good buy in the past, low premiums. Not true today. My current favorite is the gold Phil.

Re: Do you only buy one type of Gold Coin?
 

Yeah, what happened with that? I have been primed to buy some gold for a while and went to look at the sovereigns and all of a sudden they went from a low premium buy to a high one. I don't think there was even a transition time period. Who decides this and how did it happen? I bought peso's instead.

Re: Do you only buy one type of Gold Coin?
 

Have to agree with Ag, love the Sovereigns and will still buy more. But, those Maples have taken over the shotgun seat. As you can see though, all gold coins are fair game. Damn, left out a Roo.

Re: Do you only buy one type of Gold Coin?
 

Dunno for sure. Maybe the dealers consider Sovs as numi material these days, instead of bullion coins? I haven't bought one in a couple years, the premium is way too high for me

Re: Do you only buy one type of Gold Coin?
 

Trader, I too have been giving the Pesos a closer look too. Own a 5 and 10 while looking for more. Their premiums aren't like Sovereigns, yet.

Re: Do you only buy one type of Gold Coin?
 

Government action is unpredictable. Diversification helps to a certain degree.

Re: Do you only buy one type of Gold Coin?
 

I buy brands that I like and that are good on resale. Mostly bars. Helps to have Dupes so that you don't mind selling... If you have one of each type sometimes emotions get in the way of sale and we can't have that, now can we.

Re: Do you only buy one type of Gold Coin?
 

Please speak more of this.

Re: Do you only buy one type of Gold Coin?
 

There are rules which apply only to bullion and only when you sell. They have nothing to do with your purchases, and do not apply to rare coins. Kilo bars are 32.15 troy ounces of gold and are subject to reporting. We are also required to report any gold bar sale totalling 32.15 ounces are more. Concerning 1 troy oz. gold coin transactions: If you sell 25 coins or more of the Krugerrand, Maple Leaf or Mexican Gold Onza we are required to report them on I.R.S. Form 1099B. Such reporting is not required on transactions involving the U.S. Gold Eagle the Australian Kangaroo or the Austrian Philharmonic. There is also no reporting on any small gold bullion coins.

http://www.golddealer.com/selected_facts.html

Re: Do you only buy one type of Gold Coin?
 

What about items such as pre-33 gold and sovereigns?

In any case if you worry about reporting for kilo gold transactions, that sounds like a pleasant problem :)

Re: Do you only buy one type of Gold Coin?
 

Any spare 1933 $10 Indians maybe?

Re: Do you only buy one type of Gold Coin?
 

those ity bity things are like $700 each!

Re: Do you only buy one type of Gold Coin?
 

EXACTLY WHY I STICK WITH EAGLES!!! Especially here in the states.


http://www.cmi-gold-silver.com/gold-...tion-1933.html

Re: Do you only buy one type of Gold Coin?
 

I prefer GOLD Bars, they carry less premium, Swiss Gold in Particular PAMP or CS, is World renowned, Non- Partial - Or Partial to a Neutral GVMT and you just GET MORE GOLD for your Dollar...

To each is own.


LOL, Nope Happy New Year Mate!

Maybe some Indian Heads!

Re: Do you only buy one type of Gold Coin?
 

Be careful of gold addiction.
You might be stuck with just one kind, Bars, Krugerrand, Eagles, Maples, name your poison.
Krugerrand are ok though...

Re: Do you only buy one type of Gold Coin?
 

Indians are very addictive imo
Go Indians :applause_

But in the spirit of the thread, well known liquid items is the way to go.
Government minted coins, renowned named bars.