Hi With an investment time frame of 5 - 10 years and a preference to purchase gold coins no smaller than half an ounce, would you purchase multiple 2oz Lunar horse gold coins or multiple 1oz Kangaroos? Regards, BB.
Horse, if the premiums per oz are anywhere near similar. And stay away from .5oz lunars, they are the least popular.
Hmm. Why 2oz horse gold coins though? Not multiple 1oz gold horses? Doubt the kangaroos actually appreciate in value. They just follow spot prices.
That is what a lunar dealer wrote and he started with of course, the half ounce lunars are the least popular. Maybe one of the SSers knows the reason. My guess would be that if you can afford a .5oz, you can get a full ounce. But if you can't afford a full ounce, why not get the cheaper .1 or .25oz versions.
Would you be interested if you could buy a 1oz gold lunar snake for slightly more than the 2014 gold kangaroo ?
This is one quaint and curious thread.. amazing question and answers.. W O W Seems like the responses were answered based on the question referring to silver or no real grasp on the 2 specific coins you were comparing. As the 2 coins you ask about are so different you cant make a side-by-side comparison (with your vague description dates) - then asking us to predict the better performer over the long term. My answer assuming many many variables would be buy the 1oz Kangaroo near spot (the 2oz gold lunar sounds expensive for some reason) Reduce the number of variables and just buy the cheapest Gold Bullion you can (from a known source) and bet on it increasing over the long term.. if you try to add in variables like brand, retail premium, future demand for that issue - it starts to get really murky quickly and you'll dilute your true intent in the first place which was to purchase GOLD> RE: 1/2oz least popular - i personally like the 1/10 and 1/4 the best for gold but they carry greater premiums than the 1oz, but 1/2oz is more affordable and 2oz gold is out of the question for me (and probably a huge chunk of the investment market - let alone when gold takes off to 5K 1for1
I'm with 1for1 here. Half oz is a good balance between the price of 1 oz and the high premiums of the 1/4 and 1/10.
