what are premiums on 1oz kangaroo?

Discussion in 'Gold Coins' started by 97guns, Oct 30, 2014.

  1. 97guns

    97guns New Member

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    i picked a few up this morning at $20 over spot, just wondering if they command any premium
     
    97guns, Oct 30, 2014
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  2. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Nope. Just bullion.
     
    Golden ChipMunk, Oct 30, 2014
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  3. 97guns

    97guns New Member

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    ok, paid too much then, sticking to 100 corona and 50 peso at $10 over melt
     
    97guns, Oct 30, 2014
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  4. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Kangaroo follow spot price, I suggest stick with Lunars, where appreciated ;)
     
    Golden ChipMunk, Oct 30, 2014
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  5. goldpelican

    goldpelican Administrator Staff Member

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    Well that's under the wholesale premiums, so I would say you did well.

    But they are and forever will be just bullion coins - there's no discernable collector market for 1oz gold kangaroos - even proofs trade on a bullion basis.
     
    goldpelican, Oct 30, 2014
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  6. Viper2097

    Viper2097 Member

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    Sorry if this is already common knowledge but i'm new so can you please tell me where you find out wholesale premiums? It would help me so much to know this...
     
    Viper2097, Oct 31, 2014
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  7. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Trade only ;)
     
    spannermonkey, Oct 31, 2014
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  8. trew

    trew Active Member Silver Stacker

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    larger coins yes but try finding 1/10 and 1/20 proof roos for bullion prices
     
    trew, Oct 31, 2014
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  9. Taz03

    Taz03 Member

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    What about the 1 oz 25th anniversary tribute bullion and or proof coins? Do you think that they will have the potential to gain some premium?
     
    Taz03, Nov 1, 2014
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  10. 97guns

    97guns New Member

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    picked up 2 maple leafs for $1121 a pop today, hows that for negative premiums
     
    97guns, Nov 5, 2014
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  11. 97guns

    97guns New Member

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    i like low premium gold


    [​IMG]
     
    97guns, Nov 10, 2014
    #11
  12. Nordmann

    Nordmann Member

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    Those 50 pesos looks fantastic!
    As you advised me in my first (and only) thread in here, I want to buy one of those as my next addition. As they are probably slightly harder to sell at some point, I really cannot justify it if they are not close to perfect.

    You haven't bought yours from Apmex at any chance? They sell the BU/AU ones fairly close to spot, but there is some uncertainty regarding condition then. If you have gotten "lucky" on 6/6 I like my chances a bit more...
     
    Nordmann, Dec 3, 2014
    #12
  13. 97guns

    97guns New Member

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    i usually buy my gold from silvertowne, their premiums on 100 corona and 50 peso are $10-$12 over melt with free shipping, if i buy from apmex i make sure its a bulk buy to get the better pricing
     
    97guns, Dec 5, 2014
    #13

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