Perth Mint 1 Kilo

[Lucylucy]

I have been offered a Perth Mint Kilo coin at £19 per oz.

This seems a good price but has anyone any thoughts on how resaleable such large coins are?

Thank you

[onlyroadtoheaven]

As no one else has responded I thought I would give it a go. Hopefully my advice can't do too much damage!

I got excited about kilo coins a few years ago. If you don't have one then they are a great addition to a collection as well as a talking point for family and friends (if you trust them). I use to spin mine around on the dinner table endlessly until I got therapy 🙂. Basically they look and feel great. I also assumed they would attract a premium however they didn't really fulfilled my expectations in this department. I have sold a couple easy enough but that was a few years back. I still have 3 Perth mint kilos, so who knows, in a few years time if I get back into them and you get bored of them, then you might have a buyer.

 

[silverdocket]

Something you need to own at least once in your life....

In saying that I have two for sale

[dicker]

I have a couple from the Perth Mint. Really nice bits of kit!

Not tried selling them but I suspect they would not be difficult to unload

One think to watch - the plastic cases (which I think are supplied as standard on 1 kg coins) seem more prone to damage than normal size ones.  Possibly because of the size / weight of the 1kg coins.  I have a couple in the vault, both of which have cracked  edges now (purchased about 6 yrs ago).

Best

Dicker

[dicker]

Sorry forgot to add that both proof and bullion 1kg coins come in a plastic case. 
 

Best

Dicker

[Chorlton]

I have one in a very 1970’s style turquoise case with COA. At the right price pretty much anything will sell and these while not low cost are also not extremely expensive either.

[Metalisreal]

Just never understood the logic of owning these huge bars of silver. Probably ten oz is the highest I wold go. Larger than that I might as well hold gold instead. 

[onlyroadtoheaven]

1 minute ago, Metalisreal said:

Just never understood the logic of owning these huge bars of silver. Probably ten oz is the highest I wold go. Larger than that I might as well hold gold instead. 

It's mainly for my ego.

[FoolzGold]

16 hours ago, Metalisreal said:

Just never understood the logic of owning these huge bars of silver. Probably ten oz is the highest I wold go. Larger than that I might as well hold gold instead. 

In normal times the 1kg coins have the lowest premiums for silver of any current offering. Lower than 1oz Britannias etc. Combine that with a possible long-term semi-numismatic gain in resale value and there's definitely some appeal to these.