The debate continues, but for my buck i like Krugerrands how ever sometimes you get what is offered..LOL, but 9 out of 10 times you can get them at spot when my guy gets them, thats what i pay, AGE,S is what hes had as of late bought 4 !/4 onces the last two months, even the 1/4 OZ was an AGE...LOL, so paying only $30 over for those and $50 for the buffs both beats costco prices with out the drive. But theres one bullion coin that i will pass on only because if it gets scratched or damaged in anyway the resale takes a big hit, i have actually seen that happened recently.
Krugers. But, I like ‘em all in the survey, and several others from around the world. Not for design, but that they are gold. I have several Krugers in all denoms, and even have the SA 2 Rand which is a Sovereign standard. Have several 1TOZ in various countries, and some 1.20 TOZ 50P from Mexico (cool size for a coin). However, I seem to gravitate to the 1/4 TOZ size. Gold does not oxidize / tarnish. I have gold coins from over 2500 years ago. Just like new. Silver… pretty to some, but oxidizes. You never need to wear gloves for gold I got this one, Mongolia 1999 1000 Tugriks 7.76g (approx 1/4 TOZ) gold Diamond Eyed Tiger 0.1 karat MC-001GLH0270 cuz, I had THIS one: Mongols-Ghazna mnt Khwarezm Genghis Khan 1206-1227 CE AE Jital Islamic RARE - only The Just Kahn in title Album 1969 Tye 329
I like anything mexican when it comes to GOLD because of the rarity premiums can be vary high though, got in to that game early and picked up these nice examples.
Yeah, buy bullion coin, put in capsule, throw in Tupperware container until the apocalypse. I suppose it would be the South Africa silver Krugerrand. But I'd rather spend the money on silver rounds, or bars, which are bullion but can actually be fun to collect. I hate bullon coins. They're like being a rooster and lookng at the same used up hen every day (especially ASE's). I'd have to do 30 minutes of stretching exercises to be more bored with ASE's.than I already am.
A Britannia and that is purely for one specific reason. In the UK if I bought this coin for $50 and it increased in value to $200 there would be no capital gains tax payable as it is regarded as "legal tender". If I paid the same money for a Silver Krugerrand or Canadian Maple after a meagre annual capital gain tax allowance I would be taxed at 24%. There are some other considerations and that is there is no VAT ( sales tax ) exemption on Silver so we pay 20% sales tax on them. Bullion Gold is sales tax exempt though. We have high taxes in the UK . Earnings over $67,000 are taxed at 40% then of course we have 20% sales tax on most things, local taxes , employment taxes, fuel tax, road tax and of course death duties. I don't have enough time or energy this morning to explain all of our tax situation. Out of 260 working days I work 110 of them for the State. I also pay $9.42 for a gallon of diesel to drive my car safe in the knowledge that our batshit government does not drill for it in the North Sea because of global warming considerations so we pay billions of dollars buying our oil from the Norwegians who drill in the same waters. I collect coins to keep my sanity.....
