Advice wanted Australian nugget coin series 1987 good investment ?

Discussion in 'Gold' started by Gra gold coast, Aug 23, 2020.

  1. Gra gold coast

    Gra gold coast New Member

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    Hi Guys a little advice please ..
    I'm looking at purchase of a 1 oz 1987 posideon proof coin kust wondering opinions etc on long term holding of this coin 10 years as a investment apprrciate any advice
     

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  2. serial

    serial Well-Known Member Silver Stacker

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    Your asking you wrong question, you should ask if gold is a good investment over 10 years.
    It has been for me, but it suits my purposes and needs.
    You need to decide if it suits yours
     
  3. STC

    STC Well-Known Member Silver Stacker

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    Highly collectable. All gold will do well over time but.. I would consider smaller denominations of 1/10 or 1/4oz, if gold bolts & the price per Oz goes above the $5k ID requirements it will put some investors off. I would also look at the PM Lunar as it is far more collected than the nugget series.
     
    adze67 and Gra gold coast like this.

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