When you buy gold - what sizes do you buy? And in what proportions? What weight and how much of each. (example: 25 % 1 oz coins, 50 % 50 g bars, 25 % 10 g bars) How do you diversify your gold items? I'm curious about your habits
70% 1/10th coins. because they would be very easy to move even if the price goes up alot. 10% in 1/4th coins because when i first started buying i thought anything less than 1/4 would just be ridiculous. And 20% in 1/2 coins. I only buy perth mint gold coins. Havnt got any 1oz because i just only recently got into gold and i know how quick the premiums go up on the lunars and i really want to get in on it but the new goat is dog ugly and i feel it wont do as well. And i wont buy the kangaroo. Because the price is so close to the lunar at release. I dont buy any metals in grams because metals are priced in ounces. i feel its completly stupid they even mint things like that.
Mainly 1-10gram PM and PAMP bars and a few 1oz coins of my favourite designs. Rest are old gold coins such as Ducats, Francs, Kurush etc. No real method to buying other than minimum of a gram a week regardless.
unallocated - SMSF- GSR swaps Sovereigns - 22K - numismatic and recognisable ValAurum - novelty item - http://valaurum.com/buy-aurum/ they have gone up in price revently Shire Silver - novelty item - https://shiresilver.com/catalog Valcambi - novelty item - http://www.combibar.com/ 1/50oz bar - novelty item 1/4oz Maple - exchange item, from physical GSR swap 1oz Maple - recognisable 'Pride of Australia' types - got them for spot 10g Perth Mint certicard type. Given the choice I would buy pirate dubloons. Small bars or coins just don't look right.
I've become very partial to Mexican 5 pesos and Austrian 1 ducats and I think most of my stacking will revolve around them. I only have a couple of each so no meaningful % at this time. I have some 2 and 2.5 pesos and some1/10 gold coins too but no decent quantities since gold is new to my stack and a lot more costly per oz than silver
1oz AGEs & Lunars plus whatever has a reasonable premium and I think will experience a premium increase.
1 oz PM Roo and Lunars, 1 oz RCM howling wolf. I never buy less than a full ounce. I am being seduced by the American St Gauden's but have so far resisted.
Interesting responses, so far... I see most of you prefer the sub-1 oz units. Which I wouldn't have thought. It's obvious that it's easier to sell smaller pieces of gold later on. And it's always good to have smaller units. But 1/4 and 1/10 oz is really small.
I like 1 oz roos and lunas too but also get a few 1/4 and 1/2 oz lunas each year, nothing smaller yet. No foreign gold so far. I like blobs but only have one 1/2 oz one so far.
Perth Mint and Pamp 1oz certicards. I also picked up a 1oz SBSS gold freedom girl when I was drunk.....as you do
Handle says it all. Preference is 1 troz size coins but I do acquire bigger and smaller than 1 troz every now and then. No bars for me.
Shire Silver is really weird. I knew about Val Aurum, but that too is a weird product. Shire has very high premiums. Some items are nearly 100 % above spot (0.1 grams gold for 8 $ should be more like 4.5-5 $ https://shiresilver.com/catalog/gold_one_tenth_gram_card)
The 1oz, 1/10, 1/20 Gold Coins seem to be popular. Australian Lunar Gold Bullion Coin (Series Two) 2008 - 2014 http://www.perthmint.com.au//documents/The_Australian_Lunar_Gold_Bullion_Series_Two_2008_-_2014.pdf The Australian Lunar Gold Bullion Coin (Series One) 1996 - 2007 http://www.perthmint.com.au//docume...ion_Series_One_1996_-_2007_updated_221112.pdf The Australian Nugget / Kangaroo Gold Bullion Coin Series 1987 - 2014 http://www.perthmint.com.au//docume...Gold_Bullion_Coin_Series_1987-2014_310313.pdf
Aren't bars with certifying package (like the ones from Perth Mint) "better" than coins? Because they're sealed, the packages themselves are a "certification". Coins can get easier damaged etc. etc.
Do these types of bars generate a premium? If not, buying coins from trusted dealers would be better. IMHO.