Should I buy 1oz proof colour or bullion gold coin if price equals?

L

lamp

New Member
Please excuse me if the answer to this question appears to be obvious.

Is a proof colour 1oz .999 gold coin (perfect condition, with COA and nice packing) selling at $60 above spot a good price? Anything wrong with buyinga colour proof gold coin apart from the usual high preimum?

Thinking if I should buy this proof or just bullion.
 
Personal choice!

However that is the personal choice of the person buying it...and the personal choice of the person you will try and sell it to.

$60 above spot for a proof isn't bad at all, you pay more than that for a silver proof. The colour bit doesn't appeal to me and it may not appeal to your buyers when the time comes to sell it but if you buy it cheap enough you don't have to sell it at the top price to make a profit.

It all depends on whether it is going into a collection or investment and what your turn-around time for it is.
 
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