Hi all,
Being a relatively new stacker (just started a few months ago), I've got myself a good amount of silver, and so figure it's time to balance that out a bit with some gold. I've mostly gone for coins instead of bars (though will probably end up getting some bars eventually), particularly the limited mintage coins such as the Kooks (silver) and Lunars. The way I see it, they are basically the same price as unlimited mintage stuff like Koalas/ASEs/maples etc. so why not get the limited mintage ones with a better chance for (slight) numismatic appreciation?
Moving to gold now, I'm wondering if the same thing applies. Specifically, if I were looking to buy an ounce of gold at the moment, which do you think would be the best option?
- 1 oz Roo
- 2x 1/2 oz Roo
- 1/2 oz Roo + 1/2 Oz Dragon
(didn't include the 1 oz Dragon option because they appear to be sold out now and attracting a bit too much premium)
Initially I thought "well, I pay less premium for a 1 oz coin compared to two 1/2 oz coins, so I should just get a 1 oz". But I noticed that the mintage limit on the 1/2 oz Roo (100k) is significantly less than the 1 oz Roo (350k). So I was starting to think the more limited mintage might make it slightly more attractive over the long term (or, it could just be that the market for 1/2 oz isn't that great, so they have a lower mintage limit!)
Advice? Thoughts?
(PS. I realise this should probably have gone in the Gold Coins subforum rather than Gold ... admin please move thread if needed!)
Being a relatively new stacker (just started a few months ago), I've got myself a good amount of silver, and so figure it's time to balance that out a bit with some gold. I've mostly gone for coins instead of bars (though will probably end up getting some bars eventually), particularly the limited mintage coins such as the Kooks (silver) and Lunars. The way I see it, they are basically the same price as unlimited mintage stuff like Koalas/ASEs/maples etc. so why not get the limited mintage ones with a better chance for (slight) numismatic appreciation?
Moving to gold now, I'm wondering if the same thing applies. Specifically, if I were looking to buy an ounce of gold at the moment, which do you think would be the best option?
- 1 oz Roo
- 2x 1/2 oz Roo
- 1/2 oz Roo + 1/2 Oz Dragon
(didn't include the 1 oz Dragon option because they appear to be sold out now and attracting a bit too much premium)
Initially I thought "well, I pay less premium for a 1 oz coin compared to two 1/2 oz coins, so I should just get a 1 oz". But I noticed that the mintage limit on the 1/2 oz Roo (100k) is significantly less than the 1 oz Roo (350k). So I was starting to think the more limited mintage might make it slightly more attractive over the long term (or, it could just be that the market for 1/2 oz isn't that great, so they have a lower mintage limit!)
Advice? Thoughts?
(PS. I realise this should probably have gone in the Gold Coins subforum rather than Gold ... admin please move thread if needed!)