1/10 gold coins

[mrbritish1976]

I'm leaning towards investing in gold

Funds allow a 1/10 coin and rest to buy a few Oz of silver.

I just can't make my mind up on half sovereign, 1/10 bullion coins krugerrands or to go for a full sovereign or 1/4 coin every other month.

Someone put me out of my misery

[FlorinCollector]

6 minutes ago, mrbritish1976 said:

I'm leaning towards investing in gold

Funds allow a 1/10 coin and rest to buy a few Oz of silver.

I just can't make my mind up on half sovereign, 1/10 bullion coins krugerrands or to go for a full sovereign or 1/4 coin every other month.

Someone put me out of my misery

I have both half sov and 1/10 brit. I like the look of the brit better. both should be easy to sell as well. So its a toss up :)) I prefer full sov if you can wait.

[JunkBond]

Sov it would seem... misery over!

[Wolves]

Full Sov every time.

[HawkHybrid]

maybe put up a wanted ad on the forums when you are

ready to buy, then choose the best that fits your budget?

(it'll add a bit of randomness to keep things fresh)

 

HH

[mrbritish1976]

Went for a krugerrand from a member on here.

?

[JunkBond]

13 hours ago, mrbritish1976 said:

Went for a krugerrand from a member on here.

?

Good man!

[mrbritish1976]

There does not seem to be much love for krugerrands on the forum

Not sure why

[kimchi]

19 minutes ago, mrbritish1976 said:

There does not seem to be much love for krugerrands on the forum

Not sure why

I could be wrong but I think it's because it's the most basic bullion with the same (if iconic) design and nothing to stand out really, so there's not much to discuss! You won't see anyone discussing 1oz gold Britannias for the same reason. It's perhaps like going on a stamp collecting forum and talking about a standard stamp! The silver anniversary Krugs did get a lot of interest on here because it was a total one off and something new.

Also for all sorts of reasons it may be a better bet saving up and going for a Sov. It depends on your reason for investing and your exit strategy (if you have one) really.

But at 1/10 for slightly higher premiums (if you keep your eyes open for good deals) there are arguably much more attractive/interesting coins.

That said I have always wanted at least one Krug myself for the iconic design, it's a must have for me, so many congrats on your first purchase!

 

 

[Xander]

Sovereigns are a good bet.

[mrbritish1976]

Yes I think I have been won over by sovereigns although would still like A collection of all the size krugerrands

Maybe one day ?

[kimchi]

11 minutes ago, mrbritish1976 said:

Yes I think I have been won over by sovereigns although would still like A collection of all the size krugerrands

Maybe one day ?

That would be really nice, I certainly wouldn't mind one of those myself (though heart ruling over head there) - but still, if we don't enjoy our collection there's not much point (again only imvho!)

[ifing]

If you have the discipline to hold on to the cash, I would think buying full sovs would be the smarter choose. That is what I see are most traded here.

[mrbritish1976]

On 19/11/2017 at 19:20, seXes said:

If you have the discipline to hold on to the cash, I would think buying full sovs would be the smarter choose. That is what I see are most traded here.

My discipline is very poor

along with a missus that thinks money grows on trees.

[Cacc]

I would go for a 1/4oz every other month, but at the end of the day it all depends on price. If you can find 1/10oz or 1/2 Sovs for the same or less of a percentage above spot then the 1/4 or full Sov then there is no reason not to jump on it! It's all about the lowest premium you can find at the time when you feel like spending some cash.