What size of gold is the most popular to hold?

Discussion in 'Gold' started by Panzershrekt, May 28, 2020.

  1. Panzershrekt

    Panzershrekt New Member

    Joined:
    May 6, 2020
    Messages:
    7
    Likes Received:
    2
    Trophy Points:
    3
    Hey guys, I know this questions may have been asked a lot before

    What size of physical gold is the most popular and the best to hold?
    Both in terms of premiums and the ease to liquidate when (and if) gold price skyrockets.

    Also the same question whether it's best to get bullions or coins, minted or cast.
    For silvers I've done a lot of research before and went with the kilo bars, but what's the best option for gold?

    Sincerely appreciate any help with this!
     
    Chris_ likes this.
  2. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

    Joined:
    Jul 1, 2009
    Messages:
    7,091
    Likes Received:
    4,579
    Trophy Points:
    113
    Location:
    R.I.P
    1 oz cast bars are the best bang for your buck.
    If buying certicard gold, make sure you get it XRF if buying privately
     
  3. serial

    serial Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2012
    Messages:
    5,942
    Likes Received:
    3,046
    Trophy Points:
    113
    Location:
    wa
    Sovereigns, definitely sovereigns
    If i found a hoard of 10000 tomorrow, i could have them sold in a fortnight
     
    Silverbullet82, LWH, 66rounds and 5 others like this.
  4. madaw1

    madaw1 Well-Known Member

    Joined:
    Dec 5, 2011
    Messages:
    2,166
    Likes Received:
    3,237
    Trophy Points:
    113
    Location:
    Great Western Country
    I think Austrian ducats(restrike) and 20 gold Mexican pesos. I could have them sold in any amount,any time....
     
    Boyscout, Chris_ and stackmans like this.
  5. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
    1oz if you have a lot of fiat (bar or coin), 10g bars otherwise. Although 1/4oz coins are popular too.
     
    Chris_ likes this.
  6. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    4,625
    Likes Received:
    1,124
    Trophy Points:
    113
    Location:
    Australia
    Panzershrekt
    Perhaps a Perth Mint 1 oz Gold coin but 1/10 of an ounce are very popular.
    The Perth Mint has plenty of bullion gold coins to select from, some have a limited mintage, some have collector appeal.
    Here's a link to their site and approximate prices.
    http://www.perthmintbullion.com/au/View-All-Bullion.aspx

    Here's a link to pdf documents from the Perth Mint where you can see how many coins were minted, the various sizes and names.
    https://www.perthmint.com/investment-bullion-bars-and-coins-mintages.aspx

    Please do plenty of research regarding fakes; the Chinese copy everything including, blister pack, certified, tamper-evident cases.
     
    Chris_ likes this.
  7. LiverBird

    LiverBird Well-Known Member Silver Stacker

    Joined:
    Jul 14, 2019
    Messages:
    481
    Likes Received:
    571
    Trophy Points:
    93
    Cant go wrong with 1/4oz 9999 coins, Sovs, $200 coins etc.
     
  8. stackmans

    stackmans Active Member

    Joined:
    May 17, 2018
    Messages:
    109
    Likes Received:
    67
    Trophy Points:
    28
    Location:
    Brisbane, QLD
    Depends on your requirement for liquidity. If you need to sell quickly fractional (less than 1 oz) is your best bet. But you will pay heavy premiums over spot.

    If you want a better return on your investment than you need the size with the best spread and you will want larger bars.

    Perth mint products will always sell fast.

    Personally, as said above, I prefer the numismatics such as sovereigns, Ducats, Krugerrands, roosters and $200 australian coins ect. Being non 999 gold you will have to factor in GST too.

    Best to have a mix of all types.
     
  9. madaw1

    madaw1 Well-Known Member

    Joined:
    Dec 5, 2011
    Messages:
    2,166
    Likes Received:
    3,237
    Trophy Points:
    113
    Location:
    Great Western Country
    Gold Panda coins with low premium(close to spot)-any size-extremely good investment...
     
    Silverbullet82 likes this.
  10. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2019
    Messages:
    3,556
    Likes Received:
    3,398
    Trophy Points:
    113
    Location:
    Colorado USA
    Fractionals. 1/10 and quarter ozs, even grams.
    I never plan on selling my gold but if I do its in small increments.
     
    LWH, Silverdale, sgbuyer and 2 others like this.
  11. Shaun Oliver

    Shaun Oliver New Member

    Joined:
    Jun 6, 2020
    Messages:
    12
    Likes Received:
    6
    Trophy Points:
    3
    I don't know the Australian market, but in the UK I built a business buying and selling small gold and selling through social media. The question you need to ask yourself is this, are you happy selling peer to peer, if so then pay the premium for smaller gold as it will be premium in and premium out, if you want anonymity then buy best bang for your buck play the spot price and sell to a dealer.
     
    Scrubs and 66rounds like this.
  12. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    5,343
    Likes Received:
    3,451
    Trophy Points:
    113
    Location:
    P!MP land-Seedeneey
    10oz... feels good to hold such power
     
    potala, Ivykoin, sgbuyer and 2 others like this.
  13. silverhair

    silverhair Well-Known Member

    Joined:
    Dec 9, 2019
    Messages:
    377
    Likes Received:
    467
    Trophy Points:
    63
    Location:
    Sydney
    1oz bullion coins , less fakes, easier to sell and lower spread then fractionals.

    24k only for me.
     
    Silverling and 66rounds like this.
  14. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,987
    Likes Received:
    3,390
    Trophy Points:
    113
    Location:
    Melbourne
    Good to see you on here mate
     
  15. Ag bullet

    Ag bullet Well-Known Member

    Joined:
    Dec 27, 2013
    Messages:
    1,582
    Likes Received:
    1,570
    Trophy Points:
    113
    Location:
    SE QLD
    i like the 400oz bars.
     
  16. silverhair

    silverhair Well-Known Member

    Joined:
    Dec 9, 2019
    Messages:
    377
    Likes Received:
    467
    Trophy Points:
    63
    Location:
    Sydney

    Harder to sell off market though.
     
    wrcmad likes this.
  17. Ag bullet

    Ag bullet Well-Known Member

    Joined:
    Dec 27, 2013
    Messages:
    1,582
    Likes Received:
    1,570
    Trophy Points:
    113
    Location:
    SE QLD
    just got to have central bank connections.........
     
  18. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Yeah, difficult to hide from the tax man.
     
  19. silverhair

    silverhair Well-Known Member

    Joined:
    Dec 9, 2019
    Messages:
    377
    Likes Received:
    467
    Trophy Points:
    63
    Location:
    Sydney

    Only Mexicans and big business types seem show any interest...
     
  20. LWH

    LWH New Member

    Joined:
    Aug 13, 2020
    Messages:
    12
    Likes Received:
    5
    Trophy Points:
    3
    I wonder how many Americans even know what a fortnight is besides a video game.
     
    Scrubs and serial like this.

Share This Page