Best option coin or bar

[LawrenceChard]

17 hours ago, Bogart said:

Having nothing better to do decided to do some comparisons of prices between bars and coins.

Cheapest 1oz bar is as I write  £1601

Cheapest 1oz coin Kruggerand  is £1584 pre owned.

Both including postage before we resurrect that topic.

Now if one was buying purely for a bullion stash is not the Kruggerand the obvious choice?

 

1 hour ago, James32 said:

Completely agree in regards to selling to a dealer. Unfortunately on here at least,both articles are viewed as having some kind of leprosy 😆 neither do much more than spot unless the krugerrand is brand new,or the bar is a Royal mint premium piece. 

 

1 hour ago, ArgentSmith said:

Not arguing with you Mr Chard Sir but can you explain to a simpleton like me the reason a 22ct "Krugerrand" carries a higher premium than 999+ bar?

This page is not perfect, but...

https://www.chards.co.uk/guides/gold-coins-vs-bars/198

I still prefer my much older page:

https://taxfreegold.co.uk/coinsorbars.html

😎

[LawrenceChard]

Just now, LawrenceChard said:

This page is not perfect, but...

https://www.chards.co.uk/guides/gold-coins-vs-bars/198

I still prefer my much older page:

https://taxfreegold.co.uk/coinsorbars.html

😎

There is also:

https://taxfreegold.co.uk/22carator24carat.html

😎

[James32]

4 minutes ago, LawrenceChard said:

There is also:

https://taxfreegold.co.uk/22carator24carat.html

😎

Can you dance though?

[MonkeysUncle]

1 hour ago, LawrenceChard said:

I would always pay less for a krugerrand than a Krugerrand!

😎

But who can beat a £4.99 Krug on ebay... definitely definitely 100% not from China...

[MonkeysUncle]

21 minutes ago, LawrenceChard said:

We often pay about 1% more for Britannias than Krugers, because they have a nice looking woman on them!

 

That's Antelopist!

[MonkeysUncle]

1 hour ago, ArgentSmith said:

Not arguing with you Mr Chard Sir but can you explain to a simpleton like me the reason a 22ct "Krugerrand" carries a higher premium than 999+ bar?

All the lovely other stuff on top of the 1 oz of gold. 

The other stuff is like Chards post. Not free!!!

[dicker]

I dislike Krugs and love Nuggets (ones with nuggets not Kangaroos) yet the pricing and popularity is similar.

Disappointing but good if you buy Nuggets, which are in my view are good value.  

[ArgentSmith]

1 hour ago, dicker said:

I dislike Krugs and love Nuggets (ones with nuggets not Kangaroos) yet the pricing and popularity is similar.

Disappointing but good if you buy Nuggets, which are in my view are good value.  

Perth Mint have quality products, I get the feeling under appreciated in the UK.

[LawrenceChard]

39 minutes ago, ArgentSmith said:

Perth Mint have quality products, I get the feeling under appreciated in the UK.

I like most if not all Perth Mint products, and we are one of their distributors.

In the Credit / Banking / Sub-Prime Crisis, we imported quite large amounts of gold and silver bullion coins from them, including one batch of 100,000 ounces of silver, most of them one kilo lunar coins, and thousands of ounces of gold bullion, which included 66 x kilo gold coins in one consignment.

Because of the CGT exemption for Sterling, UK bullion coins have gained bigger shares of the investment market over the past decade, leaving all other bullion coins way behind in volume sales.

And of course, bars are not exempt from CGT.

😎

[MonkeysUncle]

9 hours ago, LawrenceChard said:

And of course, bars are not exempt from CGT.

😎

They are also lumpier under the mattress than coins!

[LawrenceChard]

1 hour ago, MonkeysUncle said:

They are also lumpier under the mattress than coins!

Sure, but they make a better base.

You need to use big ones though!

😎