Which Gold 1/10oz Coin to Get

Need some advice here. I am looking to get a 1/10oz gold coin (bullion) in the next day or 2, but was wondering which one(s) would sell the fastest in the event I had to sell and which one contains the most gold for the weight. I heard for example that AGE's are only 90% pure while others are 99.9%. Thanks ST

 

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AGE will be the most liquid in the USA

 

You answered your own question with the help of baseball21 - AGE's are the way to go if you want liquidity.

 

And the purity numbers you quoted are not always true. Some others are same purity, etc.

 

The AGE is 91.67 percent gold.

 

That's just it what are the purity numbers for the various gold bullion coins out there?

 

Even though Gold Eagles are not 9999 gold (like a Maple), both contain exactly 1/10th oz of gold. Gold Eagles weigh more than Gold Maples because they contain other metals, but both contain the exact same amount of pure gold.

 

There are 9999s and 999 but like privy mentioned it doesn't really matter much, first world mints are giving you the amount they have stamped on the coin. Regardless of the purity it is the same amount of gold

 

You likely want a 1/10 AGE, skip going for a proof unless you prefer the look as the premium for them doesn't hold up when selling. You could go for a 2016 Mercury dime or the 2008 1/10 fractional Buffalo, although either of those two will cost you much more than a regular bullion eagle.

 

The corollary to liquidity, 5 years from now, is persuasion -- convincing a buyer that your 1/10th Beanie from Baluchistan is gold and not gold-plated. Stick with gold eagles; the price difference is negligible.

 

I like to look at my Bullion from time to time. I know I am weird and my girlfriend laughs when she catches me. Anyways, last week I almost traded all my 40% halves for a 1/4 ounce AGE. I didn't because it was too small! I want the bigger one ounce because it looks way cooler! So I am going to save up to be able to have a full ounce and have a nice size Lady Liberty smiling back at me. Plus I don't get screwed on the premiums. Were you planning on stacking 1/10 ounces?

 

If that's the worst thing she catches you doing you're doing alright

 

On Apmex today, for example:
Ten 1/10th ounce AGE, random date, BU = $140.35

One 1 ounce AGE, random date, BU = $1300.79

Premium, ten small over one large = 7.9%

Personally, I would pay it. Down the line, who's going to
make change for an eagle? They're useless in commerce.
Back to the puzzler, are you a stacker or a numismatist?

 

Who's going to make "change" for a 1 oz gold eagle? CHANGE? As in you believe there will be a scenario where we will need to pay for goods and services with gold and silver?!

Will this scenario be due to an alien invasion, zombie apocalypse, or the lizard people taking over?

 

If your only looking to buy one...your over thinking the purchase.
Buy what you like, Something that you think is cool today and next year.
Then get one of everything IF you start to get bored.

 

Why would any of us take the risk of buying precious metals if we didn't believe someday it would pay off?? You are very naive to think that "everything's" fine. The U.S. is bankrupt. Every member of G-20 is technically bankrupt.

And what would you sell your gold eagle for? Paper money? The whole point of buying PM's is to have an alternative money in case the dollar blows up. In case the IMF revises its basket of currencies and the dollar loses its status as the petro-dollar. That is why our standard of living was so magnificent from the 1950s into the 1990s. Until 1971, the dollar was freely convertible into gold. When that stopped, overnight, the best end run to create demand for the dollar was to guarantee our defense of Saudi Arabia in exchange for them accepting only U.S. dollars for oil.

In any case, why bother with PM's at all if you don't have an exit plan? It's not exactly rocket science to figure out that if you are ever going to USE it, you need small denominations; gold is gold. Again, if I were buying gold, I would pay the premium to get 1/10th ounces, or Mexican 2 pesos, or any other form logically useful for commerce.

Back when $1000 bills circulated, would you have taken one to the grocery store???

Just changed my mind -- "collect" whatever gold you like -- everything's going to be fine.

 

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You'll get the premium back on fractional eagles so they are not a bad deal. I liquidated all of my proof eagles this year and made over double what I paid for them originally. On the otherhand I got killed when I sold my modern proof sets. Those things are as worthless as baseball cards.

 

i had the great Idea of collecting 90% silver Kennedy proofs from 1992 on. Bought 6 and then gave up as i realized I would probably get a little over bullion value for them.

 

Proof gold eagles? And if so when did you buy and how long did you hold them? I've found that most dealers treat proof AGE the same as bullion AGE's unless they are the keys and they don't hold their premium well at all.