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Making money short term profit on modern gold coins under 1oz?


Ritvaser

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From what I can see, modern 1oz gold coins can be flipped for a great premium in > six months. That is if you pick the right one of course. However, I have yet to see such plays in the 1/4 oz market when it comes to BU. I have seen some 1/4 oz proof sovereigns doing great things short term but they are often very expensive to start with and one might just want to keep it close to spot and saving for a BU 1oz.

What are your experience? To me, silver is very easy to play out, however gold seem to require more funds to be invested in a 1oz piece and with that, leaving the investment very vulnerable to potential lack of interest. 

Any inputs on how to think on investing in modern gold coins short term?

 

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11 minutes ago, JCRJM said:

I think a safe bet for short term is all of the Queens beast range. As the range continues people will try to backdate. I have seen some 1/4 bullion queens beasts go for crazy prices already and the series is not done. 

Thanks for feedback!, ill probably go with QB for now and late Elizabeth sovereigns for cheap buillon in pursuit of some bigger plays on 1oz coins later on. 50-50 QB/sovs

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So far I have bought the gold queens beast 1oz Lion, griffin and dragon. Each have been a good play so far. I also have the quarter ounce proof dragon which has done well. 

I think even if one has a bad design it will still be a good play because if it ends up with lower mintage due to that reason then people will need it one day to fill the collection. 

And yes I use bullion sovs to save because you will not lose much cash and I feel its easier to save four sovereigns then buy a 1oz. Than it is to save £1000.

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18 hours ago, JCRJM said:

So far I have bought the gold queens beast 1oz Lion, griffin and dragon. Each have been a good play so far. I also have the quarter ounce proof dragon which has done well. 

I think even if one has a bad design it will still be a good play because if it ends up with lower mintage due to that reason then people will need it one day to fill the collection. 

And yes I use bullion sovs to save because you will not lose much cash and I feel its easier to save four sovereigns then buy a 1oz. Than it is to save £1000.

Great points and how one can think about bad designs.

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