Fractional Gold

[Carpe Diem]

Anyone a fan of government minted fractionals?  Particularly the older coins such as some of the old French/Swiss/South African coins etc?

 

Seems like a fair few have quite low mintages, just wondering what others think about these?

[ChrisSilver]

I don't buy older coins purely because I only wish to buy 24ct gold. But there are some very beautiful and nice old coins.

I don't have any fractional coins either, would be nice to have a 1/2 and 1/4 ounce maybe (if the 1/4 ounce isn't too small) but the premiums on those sizes is a bit large compared to the 1oz, to me it makes more sense not to buy any fractions.

[HighlandTiger]

) but the premiums on those sizes is a bit large compared to the 1oz, to me it makes more sense not to buy any fractions.

I have to agree, but there is a possibility. HGM occasionally have fractional gold coins and put them out at 3% over spot same as the other gold coins. I think you have to be quick though, because I doubt they will last long before they are sold.  

[ChrisSilver]

I have to agree, but there is a possibility. HGM occasionally have fractional gold coins and put them out at 3% over spot same as the other gold coins. I think you have to be quick though, because I doubt they will last long before they are sold.

Yea they have 10g and 20g bars for the same premium. Which is very low for those sizes. I have never seen any fractional coins though, so I am guessing they go super fast when they have them.

[morezone]

On HGM you do occasionally see the 1/10 Krugerrand.  Unless you're buying other stuff as well, then the postage takes the % up.

 

I've collected 1 each of most of the modern issued 1/10ths (Maple, Eagle, Britannia, Kruggerand, Panda, Libertad, Manx Cat, Philharmonic, Guernsey Double, Kangaroo & Australian Lunar).  Typically pay 15-20% over.  It is fun to do and a bit of a challenge especially if you start collecting design changing and rare ones.

 

The only "old" coin I own is an Austrian 4 Ducat but even that is a restrike.  Sovereigns don't count

[Carpe Diem]

 

Sovereigns don't count

 

What's wrong with sovereigns?!  Don't let DogSoldier or craig12 hear you say that ! 

[morezone]

What's wrong with sovereigns?!  Don't let DogSoldier or craig12 hear you say that ! 

 

Nothing wrong with them expect although they're "old", they are still being minted.  There are lots of fractional coins from around the world which are no longer minted and in circulation.

 

"Particularly the older coins such as some of the old French/Swiss/South African coins etc?"

[Iceblue]

Fractional gold is huge in both bars and coins, coins attract more premium which they usually retain on the secondary market.

Out of all the gold we sell 1/10 is the biggest seller.

The bigger the gold bar/coin the harder it is to sell with the premium attached.

I have seen 1oz gold coins that have been reduced to spot just to get a sale - all premium lost, never happen with 1/10.

And think twice about buying larger gold items such as 10oz and 1kg.

We have 2x 1kg perthmint cast gold bars at spot - cant sell them.

We also have 4x 10oz perthmint gold cast bars at spot - cant sell them.

Sell plenty of 1/10 and 1/4 tho.

[Dave]

Coming soon, SGB series 1/10 and 1/4 oz RA proof gold coin . Limited mintage, guaranteed winner

[Ares]

The 1oz would be the biggest I plan to go, with a drop to 1/4oz then nothing if it's 'bullion'. The latter is more sovereign sized, but I hate the idea of owning say a 1/4 Krugerrand when really - IMO - it's 1oz or none.

Some very nice older gold fractionalise though, 20 Swiss francs especially and the Prussian 20 (I think) marks is sovereign sized too. Russian 10 rubles with the Tsar on them look cool too but command a significant premium.

[Iceblue]

We have discussed doing 1/10.

[Dave]

We have discussed doing 1/10.

I could see the 1/10 or,and 1 1/4 RA being a big seller, would make great pendants also

[Parcelsilver]

I'm after getting some 2rand coins recently, beautiful coins imo anyway!