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-   -   What is the best fractional in gold? (http://goldismoney.info/forums/showthread.php?t=272525)

MAGNUM P.M. 06-09-2008 06:37 PM

What is the best fractional in gold?
 
I know a dealer who will sell gold at spot plus $10 per ounce. He has good selection of:

2.5 gram, 5 gram, 10 gram and 1/2 ounce bars by Johnson Matthey

22 karat Mexican 2 and 2 1/2 peso coins

1/20 and 1/10 ounce gold Maple Leaf coins in nice shape but not original package

Is there any consensus as to which type of fractional would attract the most interest or premiums from buyers. The dealer will sell any at the same price to me, so it does not seem to make a difference to him.

I know many people who have little interest in smaller pieces like these but I figure that if gold goes as high as we think it might, then fractionals seem to be a very discrete way to sell later on.

Ag_man 06-09-2008 07:55 PM

Re: What is the best fractional in gold?
 
I would go with the 1/10 oz Maple Leaf, as it is the most common of the items listed. Buyers may not know anything about Mexican gold, or the JM gram-sized bars. You want to inspire confidence in the eyes of the buyer.

SLV>GLD 06-09-2008 08:04 PM

Re: What is the best fractional in gold?
 
1/10 Eagles and Maples are A) Most Recognized and B) Most Boring.
Any 1/10 gold of plainly inscribed .999 or .999 purity is a safe bet. I just tasted a 1/10 Philharmonic and it was sweet with a light hint of ocean breeze.

squexx 06-09-2008 08:09 PM

Re: What is the best fractional in gold?
 
Gotta go with the old 2 Krug coins and Brit sovereigns myself!

tampa78 06-09-2008 09:06 PM

Re: What is the best fractional in gold?
 
If you are in the US then go with eagles if you can. Otherwise maples are a close next.

latemetal 06-09-2008 09:27 PM

I buy all gold, but at that price....
 
I'd go with the 1/20 and 1/10 Maple leafs just make sure you bring a scale.:bear_w00t:

foolsgold 06-09-2008 09:35 PM

Re: What is the best fractional in gold?
 
Eagles, Maple Leafs or sovereigns.

I have Eagles.

Jack London 06-09-2008 11:05 PM

Re: What is the best fractional in gold?
 
Any really. Sovereigns if you're one of those international jet-setters.

George M 06-09-2008 11:11 PM

Re: What is the best fractional in gold?
 
Quote:

Originally Posted by MAGNUM P.M. (Post 1138856)
I know a dealer who will sell gold at spot plus $10 per ounce.

At spot +10 I know I wouldn't be picky but do favor the Maple 1/10. :D

Nice sig line by the way. Might have to find a way to work it into a conversation tomorrow.

MAGNUM P.M. 06-10-2008 08:17 AM

Re: What is the best fractional in gold?
 
Thanks for the input everyone.

SKUZZBALL 06-10-2008 08:43 AM

Re: What is the best fractional in gold?
 
Don't get too exotic, like it says in one of the rules of buying PM's, value is in the eye of the buyer.....not the seller. If they don't understand it, it isn't worth squat!

AuNuggets 06-10-2008 09:30 AM

Re: What is the best fractional in gold?
 
Most recognized fractionals.......

British Sovereign
French 20 Franc "Rooster"
Swiss 20 Franc "Helvetia"
Mexican Pesos
Fractional Krugerrands
Fractional Maple Leafs
Fractional Gold Eagles

..... in no particular order.

I would stay away from the fractional ingots. Easier to fake, harder to sell.

tampa78 06-10-2008 07:53 PM

Re: What is the best fractional in gold?
 
Just bought a 1/10 gold Owl Tuvalu. The best looking IMO

Seleukus Nikator 06-11-2008 02:13 PM

Re: What is the best fractional in gold?
 
buy em all

but think about this; usually the markup is higher. so identify what items command premium and go with them, if you are looking to flip em when the price spikes

otherwise, the smaller items are defintiely more useful and have an element of value added that he bigger chunks dont, namely, division in to attractive smaller pieces.

SLV>GLD 06-11-2008 02:18 PM

Re: What is the best fractional in gold?
 
Fractional gold is infinitely easier to conceal as well. From what I've seen, premium mostly comes back on sale.

Rebel Yarr 06-11-2008 05:15 PM

Re: What is the best fractional in gold?
 
Kugs or maples - Kugs myself.

Jekyll7 06-11-2008 05:41 PM

Re: What is the best fractional in gold?
 
Out of the options posted: Maples, no question.

I'm also a big fan of gold roosters and Austrian Ducats. With all the choices out there, there is no need to pay over spot if you're patient.

rodin 06-11-2008 06:09 PM

Re: What is the best fractional in gold?
 
Quote:

Originally Posted by Jack London (Post 1139139)
Any really. Sovereigns if you're one of those international jet-setters.

Sovs about �100/$200 per unit with gold $1000

If UR sirius U need silver change

AMforPM 06-11-2008 07:09 PM

Re: What is the best fractional in gold?
 
I think you get the most gold for your buck in a recognized coin with Brit sovereigns.

Mike_Templar 06-11-2008 11:00 PM

In your attache case you will find.......
 
...50 Gold Sovereigns just in case.


I'll carry what Mr. Bond, James Bond carried.

HaroldS 06-13-2008 12:58 PM

Re: What is the best fractional in gold?
 
Quote:

Originally Posted by MAGNUM P.M. (Post 1138856)
I know a dealer who will sell gold at spot plus $10 per ounce.

You said spot plus $10 per OUNCE. So would a 1/10th maple be $1 over spot?

eyeofliberty 06-13-2008 01:02 PM

Re: What is the best fractional in gold?
 
Quote:

Originally Posted by AuNuggets (Post 1139543)
Most recognized fractionals.......

British Sovereign
French 20 Franc "Rooster"
Swiss 20 Franc "Helvetia"
Mexican Pesos
Fractional Krugerrands
Fractional Maple Leafs
Fractional Gold Eagles

..... in no particular order.

I would stay away from the fractional ingots. Easier to fake, harder to sell.

That's my list, in a nutshell, with the addition of Austrian ducats. I also like South African 2 Rands.

tiger 06-13-2008 07:59 PM

Re: What is the best fractional in gold?
 
Given that list, I would tank up on the 1/10 Maples. Supposedly, Asians are partial to the Maple because it is a 4-9's purity coin, and they melt 'em down to make jewelry with.

Sovereigns (if the dealer has them) are probably a good all-around coin that is internationally recognized and is a smaller (approx 1/4oz) coin, so it is more liquid and easier to have a large quantity of them.

I'm not into Mexican gold as I just don't know squat about it. The bars have "fake" written all over them to a potential buyer who won't know how to prove their authenticity.

If he had 1/10 Eagles, I'd be on that like stink on rice. :bull-buddy-icon:

Quote:

Originally Posted by MAGNUM P.M. (Post 1138856)
I know a dealer who will sell gold at spot plus $10 per ounce. He has good selection of:

2.5 gram, 5 gram, 10 gram and 1/2 ounce bars by Johnson Matthey

22 karat Mexican 2 and 2 1/2 peso coins

1/20 and 1/10 ounce gold Maple Leaf coins in nice shape but not original package

Is there any consensus as to which type of fractional would attract the most interest or premiums from buyers. The dealer will sell any at the same price to me, so it does not seem to make a difference to him.

I know many people who have little interest in smaller pieces like these but I figure that if gold goes as high as we think it might, then fractionals seem to be a very discrete way to sell later on.


Maddie 06-14-2008 10:42 PM

Re: What is the best fractional in gold?
 
Quote:

Originally Posted by tampa78 (Post 1140672)
Just bought a 1/10 gold Owl Tuvalu. The best looking IMO

I have one of those, too. They are, indeed, among the best looking, even in the 1/10-oz. size.

tampa78 06-15-2008 11:55 AM

Re: What is the best fractional in gold?
 
Just picked up the 1/2 Owl too. 5000 mintage :) Between these and the Isle of Man you can't go wrong if you get them near the price of an eagle. They sell higher in the end.

MAGNUM P.M. 06-15-2008 01:10 PM

Re: What is the best fractional in gold?
 
:applause_:elefant::elefant:
Quote:

Originally Posted by HaroldS (Post 1145053)
You said spot plus $10 per OUNCE. So would a 1/10th maple be $1 over spot?

:ARMS1::ARMS1::applause_:applause_

GoldenGoose 06-15-2008 02:19 PM

Re: What is the best fractional in gold?
 
I like these

http://www.iammrkelso.com/Time/momogold.jpg


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