24 karat vs 22 karat bullion

[HCON73]

Just a thought...which influences a purchase more, purity or recognition? Here in the States, the gold American Eagle is obviously popular and commands a matching premium. However, it's lack of purity has always irked me. I've found myself purchasing more .9999 bullion (Maples, Philharmonics, Kangaroos).

Any thoughts? Thanks in advance.

[ChrisSilver]

I haven't bought any UK gold sovereigns, and I am currently not planning to, for exactly the same reason.

I don't like the fact that they are made from 22karat opposed to pure gold.

 

The little bit of gold I do own is Perth Mint, and I think I will continue buying Perth Mint gold when I decide to buy more gold.

 

[Shamatti]

I feel the same - but I do have some sovereigns. I think the only other coin I might buy which isnot 999 gold is a Krugerand, just because I think it would be nice to have in the collection. I have some Perth Mint and also some Pamp gold. Nice!

[ChrisSilver]

I feel the same - but I do have some sovereigns. I think the only other coin I might buy which isnot 999 gold is a Krugerand, just because I think it would be nice to have in the collection. I have some Perth Mint and also some Pamp gold. Nice!

 

What pamp gold do you have Shamatti. 10oz PAMP suisse Gold lady fortuna bars look AMAZING. 10oz of gold has a pretty amazing price tag though, so I don't think i'll be buying any for a while.

I think the largest size I will be buying is 1oz for a while. Even if I had the money to buy 10oz, I'd probably get 10x 1oz bars.

The 1oz gold PAMP Suisse lady Fortuna bars also look nice, only $24.99 over spot from APMEX. Though shipping at ~$50 kills that deal.

 

And I think 1oz gold coins, like the lunar series 2, will be better investments than bars.

The PAMP suisse stuff is nice though. I am going to have to get myself a big 10oz Gold lady fortuna for my collection one day.

 

[Shamatti]

What pamp gold do you have Shamatti. 10oz PAMP suisse Gold lady fortuna bars look AMAZING. 10oz of gold has a pretty amazing price tag though, so I don't think i'll be buying any for a while.

I think the largest size I will be buying is 1oz for a while. Even if I had the money to buy 10oz, I'd probably get 10x 1oz bars.

The 1oz gold PAMP Suisse lady Fortuna bars also look nice, only $24.99 over spot from APMEX. Though shipping at ~$50 kills that deal.

 

And I think 1oz gold coins, like the lunar series 2, will be better investments than bars.

The PAMP suisse stuff is nice though. I am going to have to get myself a big 10oz Gold lady fortuna for my collection one day.

 

 

Man!! I'd love to get my hands on a 10 ouncer! That's more gold than I even own, all in one bar! lol

I have 1 Oz, half Oz, 10g 5g etc. All the little ones!. They are pretty beautiful though!

 

I like the Perth Mint gold coins, I have a Nuget, Kangaroo, Horse, and Snake, in varying sizes. Much better investments than the Pamp, I expect, but I do love the Pamp, and it will still be an earner once prices finally recover!

[ChrisSilver]

Man!! I'd love to get my hands on a 10 ouncer! That's more gold than I even own, all in one bar! lol

I have 1 Oz, half Oz, 10g 5g etc. All the little ones!. They are pretty beautiful though!

 

I like the Perth Mint gold coins, I have a Nuget, Kangaroo, Horse, and Snake, in varying sizes. Much better investments than the Pamp, I expect, but I do love the Pamp, and it will still be an earner once prices finally recover!

Snake. NICE! I think the prices have gone up quite a bit on those now.

[HCON73]

Thanks for the feedback. I originally started with Sovereigns and Francs, before moving to fractional American Eagles. I've also picked up some Krugerrands (for variety). I'd like to pick up a gold Mexican Onza, but the premiums are rather high for me. Now, I'll only consider sub-24 karat bullion if at a decent price. I'm primarily into Maples, and Perth Mint coins. I agree with Shamatti on that....the Perth Mint puts out really nice coins (gold and silver).

[strenue]

For me Perth Mint is the benchmark.

I do have American Eagles and being from South Africa I felt I needed some Krugerrands.

I also really like Perth Mint's fractional gold coins. Allows you to complete gold sets without costing the earth. Plus a 1/10 gold coin is nice for presents.

[Iceblue]

Eagles are massive in the USA, location plays a big part in demand for certain items. Personally tho am a purist, 9999 gold and 999 silver is all I will stack and deal with.

Re 10oz gold - good for SMSF but not real liquid in the secondary market, prepare to off load it at spot to a dealer, if you can deal with that then its a bonus if you can sell with a premium on the secondary market.

10x 1oz bars would give you the liquid, if in need of quick cash you dont have to sell the whole 10oz.

 

 

[Pete]

22ct or 24ct it makes absolutely no difference to the price of the gold inside.

The only difference is the 22ct coin weighs a little more.

On the plus side the 22ct is not so soft and therefore if you drop it on a hard floor it is less likely to dent the rim, or if you decide to polish it, it will not scratch so easily.

[Pipers]

Just what i heard.  An enormous amount of Saudi and oil states gold was sent to Switzerland to be refine  from 995 to the new 999 standard (Chinese Russian ) standard. 

[Cointreau]

Do none of you own gold Britannias?  The new 24 carat Brits are exquisite in my opinion.

I also like the gold roos and sovs of course.

[ChrisSilver]

Do none of you own gold Britannias?  The new 24 carat Brits are exquisite in my opinion.

I also like the gold roos and sovs of course.

 

I dislike the silver britannias a lot, the quality is terrible. So I am staying well away from the gold coin. 

 

Gold kangaroos look like a much nicer coin in my opinion, and Perth Mint's quality is excellent.

[MAXlMUS]

22ct or 24ct it makes absolutely no difference to the price of the gold inside.

The only difference is the 22ct coin weighs a little more.

On the plus side the 22ct is not so soft and therefore if you drop it on a hard floor it is less likely to dent the rim, or if you decide to polish it, it will not scratch so easily.

 

I agree.

 

Take Sovereigns, they will sell well any day of the week.

 

 

As the old saying  "there`s gold in these hills" or something like that:)

[Pete]

Do none of you own gold Britannias?  The new 24 carat Brits are exquisite in my opinion.

I also like the gold roos and sovs of course.

Absolutely.

Do not confuse the RM gold and silver Britannias.

Gold Brits attract better premiums often and the proofs are superb.

[motorbikez]

22ct or 24ct it makes absolutely no difference to the price of the gold inside.

The only difference is the 22ct coin weighs a little more.

On the plus side the 22ct is not so soft and therefore if you drop it on a hard floor it is less likely to dent the rim, or if you decide to polish it, it will not scratch so easily.

 

Agree absolutely

[Cointreau]

Well, the new Brits have a larger face which I like. And they are really elegant.

The silver lunar coins have a larger than standard face as well and it works well.

[motorbikez]

I dislike the silver britannias a lot, the quality is terrible. 

 

I think the problems were mainly with the 2013s Chris I have a few and they are poor quality but all my earlier ones are OK

[ChrisSilver]

I think the problems were mainly with the 2013s Chris I have a few and they are poor quality but all my earlier ones are OK

 

Yea, I was referring to modern silver Britannias. Not sure about the 2014 one. But I have a 2013, and have to be honest, it's the worst looking coin I own.