Which bullion size to buy?

Discussion in 'Gold' started by Lightsview, Sep 25, 2011.

  1. Lightsview

    Lightsview Member

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    Hi guys, I'm keen to purchase bullion from the PM Bullion in the coming week to take advantage of the fall in gold prices.

    My question is which is better from an investment point of view... a 1oz Australian Kangaroo or 2 x 1/2 oz lunar dragons or 4 x 1/4 oz lunar dragons?

    Thanks!
     
    Lightsview, Sep 25, 2011
    #1
  2. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Smaller sizes 'generally' provide more liquidity, however you'll pay the extra premium for them.
     
    RetardedMonkey, Sep 25, 2011
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  3. mickjohn

    mickjohn New Member

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    4 x 1/4 oz lunars (if costs = same)

    no doubt.
     
    mickjohn, Sep 25, 2011
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  4. mickjohn

    mickjohn New Member

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    I would even consider 10 x 1/10 oz
     
    mickjohn, Sep 25, 2011
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  5. bankaiblade

    bankaiblade Member

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    Personally I prefer 1/4 oz because they are more liquid, but you are paying a higher premium for less ounces due to the cost of minting etc.
     
    bankaiblade, Sep 25, 2011
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  6. hiho

    hiho Active Member Silver Stacker

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    I have noticed 1/2 oz go like hot cakes, so I would get two 1/2 oz dragons personally
     
    hiho, Sep 25, 2011
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  7. Lightsview

    Lightsview Member

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    Thanks guys! I'm actually leaning towards the fractionals rather than 1oz, but the sticking point is the amount of premium I'd be paying for the same 1oz of gold.... hmmm.
     
    Lightsview, Sep 25, 2011
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  8. dragoonf144

    dragoonf144 New Member

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    Think of the premiums as a mini deposit that you'll get back.

    When you sell, you will get your premium back, not to mention how liquid they will be.
     
    dragoonf144, Sep 25, 2011
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  9. 940palmtx

    940palmtx New Member

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    +1
     
    940palmtx, Sep 25, 2011
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  10. Mr Medved

    Mr Medved Member

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    One ounce, but any combo is fine.
     
    Mr Medved, Sep 25, 2011
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  11. goldpelican

    goldpelican Administrator Staff Member

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    Definitely get the Dragons over Kangaroos. You can buy past year proof Nugget/Kangaroo issues at bullion prices (I've got everything from 1/10oz to 1oz proofs I've bought as bullion) - most previous Lunar gold coins command a premium.
     
    goldpelican, Sep 25, 2011
    #11
  12. Photonaware

    Photonaware Active Member

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    Check buy back prices before deciding.
    Sometimes the larger weight ( e.g. 1 oz single coin ) will gain 8% over selling 10 x 1/10 oz.
     
    Photonaware, Sep 25, 2011
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  13. Lightsview

    Lightsview Member

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    just checked PM bullion site, no more stock even for the 1oz kangaroo!
     
    Lightsview, Sep 26, 2011
    #13
  14. jnkmbx

    jnkmbx Well-Known Member

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    1 ounce minimum.
    I don't like paying premiums just to have smaller denominations... and there will always be people like me who you can sell to :p
     
    jnkmbx, Sep 26, 2011
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