Perth Mint 50z gold cast bullion bar...

Discussion in 'Gold' started by RichB, Sep 17, 2020.

  1. RichB

    RichB Member

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    Advice please....Is the perth mint 5oz gold bullion bar a good buy....or would it be better to buy 1oz bullion coins....? thankyou
     
  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Mate, I'd buy the 1oz Lunars, they tend to appreciate with time.
     
  3. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Depends how long are you planning to hold this ...and how much 'loss' can you bear... If spot goes south, then you have a large risk in one bar... 1oz bars are more liquid but you pay abit more premium, but easier for you to 'soften' the loss impact..

    If you think if hold this 5oz for 2+ years, then it's easier to store... Not that dealers do tend to push the price down for larger bars, due to the amount that they need to pay you...
     
  4. RichB

    RichB Member

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    Why is there a difference in spot price between 1oz bars and a 5oz bar....why do you say 1oz bars are more liquid and there is a larger risk in one bar if I had the equal in 1oz bars...a bit confused Iam...
     
  5. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    The First Initial for both the same, when it comes to resell 1 oz is more liquid.

    As for coins , not everyone will like them. Even they appreciate. Dealers will still you Spot for them.
    Don't listen to other. Bars is still better.
     
  6. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    After making sure whatever you're buying is genuine gold, consider the premium and liquidity. Here's a brief vid to get you started.



    Say you're looking at buying directly from Perth Mint, the 5oz cast car costs you $13475.25 whereas 5 1oz cast bars cost $2697.05*5=13485.25 - i.e., there's only $2 extra cost/blob to buy the five individual ones. If you'd have five 1oz blobs you could decide in five separate time instances when to sell each one, giving you more flexibility when you decide to sell.

    On the other hand you could buy 5 x 1oz PM gold coins which you'd get for $2800 / ea. Means you'd pay $14000 for the same amount of gold ($525 more than what you'd pay for the 5 x 1 oz blobs).
     
  7. STC

    STC Well-Known Member Silver Stacker

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    Because you are buying physical, each bar has a cost to Fabricate/manufacture.
    Coins cost more to make than bars. Its best to buy multiple so if you need cash in a hurry you can sell a % of your stack rather than the whole bar.
     

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