1oz gold Eagles

Aureus

Aureus

Active Member
Silver Stacker
Why does such a common coin with a large mintage warrant such huge premiums?

Also why are they so hard to get here? :P
 
roman said:
ah, thanks so much, I had no idea.
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Yeah I kept forgetting about that rule as well and was always wondering why AGEs were going for so much more than Maples/Roos etc. Anything that's not 995+ fine Au, Ag or Pt has GST. (Or, did you mean you had no idea that AGEs were 22k, not that you had no idea about the GST rule?)

(This also means that Pd and some other less common metals that have been used in bullion coins aren't attractive to Aussies, either).
 
Cimexus said:
roman said:
ah, thanks so much, I had no idea.
Click to expand...

Yeah I kept forgetting about that rule as well and was always wondering why AGEs were going for so much more than Maples/Roos etc. Anything that's not 995+ fine Au, Ag or Pt has GST. (Or, did you mean you had no idea that AGEs were 22k, not that you had no idea about the GST rule?)

(This also means that Pd and some other less common metals that have been used in bullion coins aren't attractive to Aussies, either).
Click to expand...

Ashamed to say it but I had no idea they were 22k...
 
roman said:
Ashamed to say it but I had no idea they were 22k...
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Why be ashamed?

We're all here to learn. Well maybe not all of us but certainly a large percentage.




ATO - Get a clue. AGE, Krugerrands and Sovereigns are NOT jewellery.
 
US Buffaloes are .999 and will avoid the tax---

2006buffalo.jpg
 
They are a nice coin too TomD but I think every stacker needs an Eagle in their collection.
Well that's how I feel anyway, it's just a shame the premiums are so high because I want to ensure a quick sell when the time comes and that may scare some off.

Has anyone sold one recently?
 
roman said:
They are a nice coin too TomD but I think every stacker needs an Eagle in their collection.
Well that's how I feel anyway, it's just a shame the premiums are so high because I want to ensure a quick sell when the time comes and that may scare some off.

Has anyone sold one recently?
Click to expand...


Do 1/10 count? I do hope that they do because then I'll be in the cool kids club
 
roman said:
They are a nice coin too TomD but I think every stacker needs an Eagle in their collection.
Well that's how I feel anyway, it's just a shame the premiums are so high because I want to ensure a quick sell when the time comes and that may scare some off.

Has anyone sold one recently?
Click to expand...

Ossie sold them recently through bullionmoney. Not sure if he has any left though.

This is the 1oz size.
 
lol sure sure 1/10oz counts, that's all I have :)

Thanks, I saw those on bullionmoney, thus why I created the thread. No disrespect intended to Ossie but it takes me a very time to save up money for bullion these days so paying nearly $1800 for 1oz of gold is a big turnoff.
At least now I understand why the price is what it is :)
 
If AGE and gold buffaloes are selling at the same price, which one should I pick and why?
 
AGE simply because it's more popular, thus easier to sell when the time comes :)
 
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