What is your favorite 1/10th oz gold bullion coin?

What is your favorite 1/10th oz gold bullion coin?

 

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Such an easy question to answer for me. As they say on "Family Feud", good question, good question! The answer would be my half sovereign from the UK/ Gibraltar 1997.

 

Isn't a half sovereign more like a ninth of an ounce?

As for the question: there isn't really anything to choose between them for me. I guess that answer would have to be the one which cost me the least.

 

2008-W Buffalo

 

I like the 2008 1/10 fractional buffalo as well and prefer the burnished version to the proof version. Really wish the mint would bring them back if not yearly perhaps in 2018 for the 10 year anniversary.

The Merc's OK as well but only in the picture because I didn't have one of just the Buffalo I could find.

 

These coins are not really bullion coins, which is what the thread is supposed to be about. Bullion coins are those which sell for a small premium over spot. Coins which sell for a fixed price well above spot are collector coins.

 

These guys I guess

 

Are those all the same date in each set? If not, what is are they? I cannot see the point in putting five together.

I guess it would be more interesting to see a set of all 32 of them. Do they actually make a Danso folder for this set? I never bothered to look.

 

I bought them from a bullion company, you know, one of the ones that ASSAULT you with marketing calls, email, etc. It was a pain in the ass. They sold them to me for spot, it was around 1200 at the time. That was the deal. You could get up to 10 at spot. Then they get your address, etc, and try to pull you in on OUTRAGEOUSLY expensive garbage, like a 1oz Gold Eagle in slab signed by Reagan's son (?) for thousands. I blocked them eventually, but I still got the bullion!
These cases of 5 coins is just how they came in the mail.

 

Spot's is a good deal. I have a complete set and paid somewhere between 5% and 10% above spot for each one. The earlier ones I paid above that simply to complete to set.

 

I'd take a bunch of sales crap for an ounce of gold at spot any day. After getting my hands dirty in gold last week I'm trying to decide if I will go fractional or just 1 ounce at a time.

 

Fractional all the way. The premium is higher but it should stay and selling will be much easier unless you plan on going through the big companies. I don't buy a lot of gold but I never buy anything more an 1/4 ounce.

 

Makes sense. First solid argument I have heard for fractional on this board. Everyone else has said to avoid higher premiums and just go for the ounce. I want liquidity definately and with an ounce the only person I can sell it back to is a dealer.

 

I also like Krugerrands for fractionals. I buy Mexican Pesos as bullion coins. Mostly the 2 and 2.5 Pesos.

 

Let's not have the fractional debate here. I understand there are a lot of bumpkins in middle America who worry about liquidity and believe in their shanty town that the most gold people could afford would be fractional pieces. However, in the civilized world, we can buy and sell bigger pieces without issue.

Having said that, despite being a person from the civilized world who buys 1 ounce gold pieces, I am not a The Monopoly Man. I cannot buy a one ouncer every week. Sometimes I just have spare $130 and want to a tenth of an ounce. That is why I am curious to learn from other collectors and investors what their favorite 1/10th oz pieces are.

Thanks for staying on topic, folks.

 

You would be right if we were talking about a common half sovereign which weighs 3.99 grams. Mine only weighs 3.1 grams, but it's 24k gold and that's probably the reason it weighs less and it's still called a half sovereign. ~Cheers!

 

The Red Book disagrees with you. How 'bout collector bullion coins...

 

Thanks for the kind words. I can go the one ounce route or the tenth ounce route. The One ounce limits me on how many I can acquire because I am not the Monopoly man either. The 1/10 ounce route is close to buying a roll of 90% quarters which I do 3-4 times a month. Liquidity is always important. 1/4 ounce gold is like me going to get a tube of 20 silver rounds. which I can hand a couple times a month. I use silver comparisons because that is what I usually buy until I got my first ounce of Gold last week. Now I have seen the light and can start stacking it with fractionals and the occassional full ounce.

 

It is not clear to me in what way you are saying it disagrees with me. Are you saying the coins posted are bullion? Or are you saying that my definition of bullion differs from theirs?