I know the Krugerrands are only 22k, but that is not an issue in Norway. Besides, it is the most recognised coin across the world. As I wrote earlier they will not be a focus, but if I come across one at a good price, sure! I have yet to find 1/10 for >10% over spot without some great offer or large quantities. Even then I think shipping and exchange fees would bring me over the 10%. For me non-panda 1/10 it will not be an issue unless the price skyrockets, or I get a great price second hand.
At the moment a sheet of 1/10 2015 pandas are 10435.40211 NOK. A panda 2015 ounce is 9727,34 NOK @silverprepper Whats bad about krugers? an ounce is an ounce is an ounce is an ounce.....
Interesting! I stack in a very similar way - 1 oz coins with as little premium as possible and not going overboard to get a particular year. So far only the Australian varieties but will look at others as my knowledge increases and that's taking its time, although I have been getting a lot of help from here. Otherwise I spend a month or so in Scandinavia every year and will shortly be on my 7th visit of which 2 included Norway. I have had a look at the Danish bullion coins on the internet and will follow that up with visits to the Royal Mint and Nationalbanken, and dealers if they can be found, particularly in Copenhagen. Seems though that only the silver gets to 999 and I'd need to find out a lot more about the gold before I went buying anything. Anything you could say on stacking Scandinavian (particularly Denmark) stuff would be appreciated. Maybe a separate thread? Kaerlig hilsen!
Yes, my tactic is popular and established bullion as a basis and then some semi numismatic with not so high premiums for some gambling and the fun of it. If they rise in price its nice, if not its also ok. They cant fall below spot. My consideration in my purchases. Even the most uneducated people know a krugerrand, but how many know a lunardonkey with privymark? In case of cases it could be relevant.
I very much agree about the last point. That is both a reason to avoid the larger premium, but most of all, it is the reason I won't buy coins where weight and fineness is not specified.* *I do own one sovereign, and I might buy more. They are very recognisable though.
If you are not very familiar with a coin, be very careful on 'second hand market' you could easily buy a fake. I would stick to trusted sellers and once you are very familiar with a coin and know measurements and exact weight then you can get them second hand!
Excellent questions, GP. Do you have any answers on whether, in your experience, dealers will pay different amounts for different coins - don't mean numis but rather will a standard kook get a better price from a dealer than a blob?
Hello guys. I am travelling to Oslo/norway in june. Any heads up on the best bulliondealers in the area?
Hello. The cheapest bullion dealer is Tavex. They also trade currencies, and seems to have the best price in that area as well. Roschberg, a coin shop, might also be worth a look as they will have some more interesting items at times. Their prices will vary a bit more though. Enjoy your stay.
