Perth Mint 50z gold cast bullion bar...
- Thread starter RichB
- Start date
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...
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...
Golden ChipMunk
Well-Known Member
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.
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).
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).
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.